Startup Professionals Musings

NOVEMBER 20, 2021

There are other social networks in the list of 300 “major sites” recognized by Wikipedia that entrepreneurs use for networking, depending on where you are in the world, like Viadeo, Ryze, and Sina Weibo, but talking to friends on Facebook probably won’t help you. Join and actively participate in local business organizations.

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Startup Professionals Musings

NOVEMBER 14, 2021

Innovation is the key to long-term business success, both in startups as well as established organizations. Yet every business and every entrepreneur I know struggles with this challenge, focused on hiring the right people and implementing the right process. Elon Musk recommends this approach. Practice the one-sentence method.

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Startup Professionals Musings

JULY 28, 2021

As an angel investor in early-stage startups, I’ve long noticed my peers apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity. The scope of the positive leadership views included human nature, organization life, and personal purpose.

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Startup Professionals Musings

JUNE 18, 2021

You can’t win as an entrepreneur working alone. I hope all this seems obvious to you, but I still get a good number of notes from “entrepreneurs” who have been busy inventing things all their life, but can’t find a partner to start their first business, and others trying to find an executive, an investor, or a lawyer.

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Startup Professionals Musings

JANUARY 18, 2021

Beyond these believers, you need to match your credentials and interests with the multitude of public, academic and government organizations that proclaim to foster research and early development, to satisfy the long-term needs of the people or organizations they support. Technology pilots. Marty Zwilling.

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Startup Professionals Musings

SEPTEMBER 23, 2020

A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. Every school recognizes the power of “hands-on” work to help you develop your own ideas into a business. Write a business plan and pitch deck for learning.

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Startup Professionals Musings

MAY 5, 2023

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Only one component of running a business is managing technology, but it is a critical component, so no entrepreneur can afford to ignore it or totally delegate it.

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socalTECH

MAY 2, 2014

In a bid to boost the Los Angeles economy and create new jobs in the city, Los Angeles Mayor Eric Garcetti said Friday that he has created a new "Entrepreneur-in-Residence" program, which will help the city in developing initiatives and policies aimed at growing, assisting and sustaining entrepreneurs in Los Angeles.

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Startup Professionals Musings

FEBRUARY 4, 2022

It’s a special mix of entrepreneur and company, regular in every respect except for having the courage and foresight to make an idea happen that was supposed to be impossible. As an entrepreneur in a startup, how do you know if you have this potential, and what are the steps to get from an innovation to a revolution? or “So what?”

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Startup Professionals Musings

JANUARY 10, 2020

Most new entrepreneurs don’t anticipate the learning burden of being the leader, including the sense of loneliness and isolation at the top. Even in a single entrepreneur startup, the leader carries a heavy weight. Even in a single entrepreneur startup, the leader carries a heavy weight. Separate your work and play environments.

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Startup Professionals Musings

MARCH 27, 2020

As a startup advisor, I see many aspiring entrepreneurs whose primary motivation seems to be to work part time, or get rich quick, or avoid anyone else telling them what to do. Yet, for those with more realistic expectations and the right motivation, the entrepreneur lifestyle can be the dream life you envisioned.

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Startup Professionals Musings

OCTOBER 9, 2021

Some people even believe that entrepreneurs must be born with the right genes, and no element of education is relevant. In my view, the most effective entrepreneurs are those with a background of an array of real-life experiences, both positive and negative, as well as good academic and coaching activities.

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Startup Professionals Musings

NOVEMBER 27, 2016

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

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Both Sides of the Table

NOVEMBER 16, 2014

The “doers” in your organization. You help them prioritize their objectives and review the results. You motivate, cajole, reassign tasks, hire, fire and push the organization forward. They want to help the organization determine what must be built and when. Entrepreneurs should care more about respect.

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Startup Professionals Musings

NOVEMBER 3, 2014

When someone asks me for the best way to fund a startup, I always say bootstrap it, meaning fund it yourself and grow organically. I grew to appreciate this approach much more when I interviewed a popular serial entrepreneur, Rich Christiansen a while back, who has done almost 30 businesses wholly by bootstrapping. Do it yourself.

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Startup Professionals Musings

SEPTEMBER 8, 2014

These steps are not aimed specifically at entrepreneurs, but I see how they can be applied there as follows: Do what you know and enjoy. Figure out what’s really important to you as an entrepreneur. Stay organized. Many people confuse ‘organized’ with ‘neat.’ Superficial relationships don’t help. Marty Zwilling.

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Berkonomics

JANUARY 25, 2024

Entrepreneurs will have a relative willing to devote time, a school friend with business experience, professionals who charge for the service, investors with a reason to promote your success and more. Where can you find the best coaches? His average percentage of a company was 5% in return for spending a day a week as I recall.

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Startup Professionals Musings

JUNE 13, 2021

I continue to see stories of really young entrepreneurs, like this article , profiling 25 kids that made a million dollars before graduating from high school. There are already some good books out there for youth entrepreneurs, such as the classic one from my friends Adam and Matthew Toren, Kidpreneurs: Young Entrepreneurs with Big Ideas.

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Startup Professionals Musings

JULY 5, 2023

Some entrepreneurs start polling venture capitalists for that multi-million-dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

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Startup Professionals Musings

JANUARY 20, 2020

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return. Product pre-order model. Marty Zwilling.

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Startup Professionals Musings

SEPTEMBER 21, 2019

If an entrepreneur doesn’t find themselves in over their head at least 20% of the time, they are probably not pushing the limits, not taking enough risk, and probably not working on an idea that’s worth doing. The challenge in to know when and how to ask for help, and not let bravado and ego mask anxieties. Seek help or get out.

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Both Sides of the Table

OCTOBER 5, 2014

The problem with consulting is that they hire very smart, young people out of top colleges who come in to evaluate data and advise large organizations but the people doing the work are often only book smart. The more self-assured the VC is and the more impressionable the entrepreneur is the worse the outcome. It is unknowable.

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Startup Professionals Musings

SEPTEMBER 4, 2019

It really is possible for an introvert to succeed as an entrepreneur, even though you can’t expect to start and build a business alone. Every entrepreneur, especially an introvert, can benefit from the perspective of another business person, ideally one who has prior experience in the domain you are about to enter.

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Startup Professionals Musings

OCTOBER 16, 2021

Dal LaMagna, in his humorous classic “ Raising Eyebrows: A Failed Entrepreneur Finally Gets It Right ,” leads with the foundational principle of micro-businesses, which is to start small. This helps you stay on top of where your business is going, where it could do better, and why it fluctuates. Keep a monthly profit-loss.

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Startup Professionals Musings

JULY 1, 2020

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. The norm for entrepreneurs is to be optimistic on revenue projections, and miserly on funding needs. You need all the positive traction you can get to survive and prosper.

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Startup Professionals Musings

FEBRUARY 10, 2019

There are other social networks in the list of 200 “major sites” recognized by Wikipedia that entrepreneurs use for networking, depending on where you are in the world, like Orkut, Viadeo, and Sina Weibo, but talking to friends on Facebook probably won’t help you. Join and actively participate in local business organizations.

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Networking Entrepreneur Social Network Activity 90

Startup Professionals Musings

OCTOBER 10, 2022

Most new entrepreneurs don’t anticipate the burdens of being the leader, including the sense of loneliness and isolation at the top. Even in a single entrepreneur startup, the leader carries a heavy weight. Even in a single entrepreneur startup, the leader carries a heavy weight. Separate your work and play environments.

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Activity Entrepreneur Organization Course 152

Startup Professionals Musings

JULY 18, 2020

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Nothing is more discouraging to aspiring entrepreneurs than the high failure rate. Or maybe it’s time to scale back and focus more on organic growth.

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Both Sides of the Table

SEPTEMBER 10, 2021

And there is so much money around being thrown at so many entrepreneurs that many firms don’t even care about board seats, governance rights or heaven forbid doing work with the company because that would eat into the VCs time needed to chase 5 more deals. And the truth is that several entrepreneurs prefer it this way.

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Startup Professionals Musings

NOVEMBER 6, 2022

One of the realities of being an entrepreneur is that you have to keep learning and changing to survive. People in larger organizations move away from day-to-day contact with the end customer, and focus becomes company internal and isolated. Mature organizations forget that change is an opportunity, not a threat.

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socalTECH

MARCH 15, 2019

The Techstars Foundation , the nonprofit arm of startup accelerator operator Techstars which is focused on increasing the number of under-represented entrepreneurs in the technology industry, is looking to give $10,000 to $50,000 to nonprofits working in the area, Techstars said Friday. Applications are open through April 8th. READ MORE>>.

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socalTECH

MARCH 11, 2016

In the case of San Diego's Classy (www.classy.org), you get an extremely popular piece of software-as-a-service to help you manage a nonprofit and its fundraising efforts. Scott Chisolm: Classy started as a fundraising application for nonprofit organization. I think we're actually helping to solve that problem. What is Classy?

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Berkonomics

DECEMBER 17, 2020

Often grouped into formal organizations, these investors are sophisticated, helpful, and connected. First, angel investment groups and organized angel funds come in all sizes from a few organized angels to large groups of four hundred or more. Angel investment groups or funds. How many angel groups are there?

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Startup Professionals Musings

JUNE 10, 2023

As an entrepreneur, you need to avoid partnering with these people, or hiring them into your startup. The best entrepreneurs never confuse motion with results. The best entrepreneurs never confuse motion with results. Able to avoid or navigate the politics of the organization.

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Startup Professionals Musings

JULY 31, 2022

I especially like Cushman’s outline of the ten principles which distinguish the organization and operation of an open business from the more traditional closed model. Your stakeholders all need to understand and agree to the “why” of your organization. Shared clients and objectives (networked organization). Adjust accordingly.

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Startup Professionals Musings

OCTOBER 12, 2020

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

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InfoChachkie

SEPTEMBER 27, 2018

MBA’s are an easy target for entrepreneurs’ scorn. I too have taken shots at MBA’s, describing why they are not typically well suited for startup life in Why Entrepreneurs Hate (Most) MBAs. Nothing they learned (at Business School) will help them succeed at innovation.” Situationally, MBA’s Can Be Effective Entrepreneurs.

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