Startup Professionals Musings

MAY 8, 2015

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. One consequence of the new sharing business model is that goods become services.

Entrepreneur 111

Entrepreneur Commerce Social Media Platform 111

Startup Professionals Musings

FEBRUARY 2, 2019

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. One consequence of the new sharing business model is that goods become services.

Commerce 98

Commerce Social Media Platform Class 98

Berkonomics

JANUARY 7, 2021

It starts with sharing the opportunity and upside. Think of startups and early stage businesses whose entrepreneurs you know. We should think of the creation and growth of a high valued company as the sum of three parts, with three distinct classes of participants helping to make real value out of a raw start-up.

Startup 240

Startup Equity Statistics Entrepreneur 240

Startup Professionals Musings

JULY 13, 2015

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that spends resources, but creates no value or competitive advantage in the eyes of customers. Hire real help and learn to delegate. Too many entrepreneurs confuse action with momentum and results.

Resource 105

Resource Startup Entrepreneur Training 105

Berkonomics

AUGUST 3, 2023

However, most often, these funds are solicited by a well-meaning entrepreneur from investors who are not qualified as accredited investors under the law (currently requiring a proved income of $200,000 a year or $1 million in net worth for an individual investor). It is most often a win-win for both you and the strategic partner.

Venture Capital 295

Venture Capital Startup Class Invest 295

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. We had no term for such work in those days and created the phrase “resource capitalist” to describe the person and process.

Coach 156

Coach Organization Resource Equity 156

Startup Professionals Musings

JULY 4, 2021

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. Hire real help and learn to delegate. Too many entrepreneurs confuse action with momentum and results.

Startup 161

Startup Resource Training Entrepreneur 161

Startup Professionals Musings

JANUARY 8, 2018

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that spends resources, but creates no value or competitive advantage in the eyes of customers. Hire real help and learn to delegate. Too many entrepreneurs confuse action with momentum and results.

Resource 52

Resource Training Entrepreneur Activity 52

Startup Professionals Musings

JANUARY 1, 2020

As a mentor to entrepreneurs and business owners, and seeing their workload and challenges, it would be easy for me to conclude that starting a business is a big hit to health and happiness. If you are sick of the corporate grind, take your favorite idea or hobby, and join other happy entrepreneurs. Stay rooted in the present.

Entrepreneur 137

Entrepreneur Satisfaction Mentor Writing 137

Startup Professionals Musings

OCTOBER 11, 2023

Most new business owners I know feel the challenges of not enough time, money, and resources, and see these as problems rather than a competitive advantage. Many are quick to call this innovation, but I believe it is often just the resourcefulness of a highly motivated owner and team, who never give up in the face of a survival challenge.

Resource 111

Resource Competition Outsource Development Startup 111

Startup Professionals Musings

OCTOBER 20, 2019

Here is my interpretation of the key focus points and requirements to be categorized as open: Shared beliefs (purpose). Shared risks (open capital). Share the costs and risks, and therefore the ownership and the passion with your constituents. Shared clients and objectives (networked organization).

Organization 52

Organization Social Media Examples Customer 52

Startup Professionals Musings

OCTOBER 17, 2016

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give.

Incubator 106

Incubator Startup Help Resource 106

Startup Professionals Musings

MAY 30, 2020

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. Attract a co-founder and key team members.

Class 124

Class Startup Resource Mentor 124

Berkonomics

FEBRUARY 3, 2010

This insight follows closely the conclusions from the previous declaration, that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Resource 149

Resource Startup Invest Entrepreneur 149

Startup Professionals Musings

JUNE 3, 2023

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give.

Organization 92

Organization Incubator Startup Resource 92

SoCal CTO

SEPTEMBER 20, 2011

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? I also will point out that in the The 15 Mistakes of First Time Entrepreneurs : 9. Lots of thoughts here.

Startup 211

Startup IP Ideas Patents 211

Startup Professionals Musings

APRIL 23, 2012

Running a new business starts with building a solid and credible business plan, working the investor funding process, and building an organization from nothing, with minimal resources. Even still, regardless of the initial equity split, you should seriously consider vesting your founders shares over at least two years.

Startup 101

Startup Entrepreneur Equity CTO Hire 101

SoCal CTO

SEPTEMBER 20, 2011

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? I also will point out that in the The 15 Mistakes of First Time Entrepreneurs : 9. Lots of thoughts here.

Startup 198

Startup IP Ideas Patents 198

InfoChachkie

APRIL 7, 2010

Despite the pathetic nature of Barney deals, the big purple dinosaur offered sound business advice to entrepreneurs in a TV episode entitled, “Sharing means caring.” Barney realized that caring entails a willingness to share the risks and rewards associated with a mutually advantageous relationship. When Sharing Works.

Resource 154

Resource Paramount Press Metrics 154

Startup Professionals Musings

NOVEMBER 12, 2017

Here is my interpretation of the key focus points and requirements to be categorized as open: Shared beliefs (purpose). Shared risks (open capital). Share the costs and risks, and therefore the ownership and the passion with your constituents. Shared clients and objectives (networked organization).

Organization 57

Organization Social Media Customer Custom 57

Startup Professionals Musings

JULY 2, 2021

In the eyes of investors like me, to be an entrepreneur, it’s not enough to create an innovative solution – you need to convince me that you can build a profitable business. An example would be the now popular notion of consumers sharing underused resources, such as ride sharing (Uber) incenting the businesses of home sharing (Airbnb).

Funding 152

Funding Startup Ideas Resource 152

Startup Professionals Musings

JULY 29, 2023

As an advisor to early-stage entrepreneurs, I see a lot of dreams, but not so many business results. I’ve always wished I had a magic metaphor to motivate the best dreamers to become the best entrepreneurs. A business entity has to be created and real resources applied. Ask for help from advisors and mentor your team.

Ideas 105

Ideas Startup Entrepreneur Social Media 105

Startup Professionals Musings

SEPTEMBER 1, 2014

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give.

Incubator 98

Incubator Startup Help Resource 98

Startup Professionals Musings

MAY 30, 2014

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that absorbs resources, but creates no value or competitive advantage in the eyes of customers. Hire real help and learn to delegate. Too many entrepreneurs confuse action with momentum and results.

Entrepreneur 115

Entrepreneur Resource Training Product 115

Berkonomics

JUNE 29, 2017

If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Invest 243

Invest Entrepreneur Sales Startup 243

InfoChachkie

AUGUST 4, 2014

Although far wittier than yours truly, Chuck shares my heightened sense of cynicism. I reached out to the company and Mr. Kutay graciously shared his multi-decade entrepreneurial journey with me. Greathouse : Let''s start with a question that will be especially helpful for my UC Santa Barbara students.

Entrepreneur 187

Entrepreneur Startup Social Media Resource 187

Startup Professionals Musings

MAY 1, 2016

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. Attract a co-founder and key team members.

Entrepreneur 55

Entrepreneur Capital Class Startup 55

Startup Professionals Musings

MAY 11, 2016

The pervasive ability and need to communicate constantly and globally through the Internet and smartphones is incenting everyone to get more out of their own assets and time, and capitalize on the idle resources of others. One consequence of the new sharing business model is that goods become services.

Marketing 52

Marketing Commerce Social Media Entrepreneur 52

Startup Professionals Musings

JULY 11, 2021

As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. If the entrepreneur wants total control of their own venture, with no one looking over their shoulder, they should work within the limits of their own resources, a process called bootstrapping.

Funding 173

Funding Startup Entrepreneur Report 173

InfoChachkie

FEBRUARY 4, 2019

Resources must be committed before information is fully known. The Power Of “I’m Not Sure” – Successful, serial entrepreneurs tend to be self-reflective and not dogmatic. I’ve shared it with some of the CEOs with whom I work, as I know it will help them craft more thoughtful decisions.

Help 100

Help Startup Santa Barbara Study 100

Startup Professionals Musings

JANUARY 2, 2013

More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute. In my view, the quality of incubator leadership is the single biggest potential value provided and learning opportunity for entrepreneurs.

Incubator 115

Incubator Help Startup Technical Review 115

Startup Professionals Musings

APRIL 16, 2021

The ultimate compliment that any entrepreneur can get is that they can “see around corners.” Great entrepreneurs seem to all exhibit a common set of attributes which go well beyond the basic skills required to be an entrepreneur: “Larger than life” personality and presence. We can all point to the casualties from that approach.

Marketing 157

Marketing Design Entrepreneur Ideas 157

Startup Professionals Musings

JULY 15, 2020

Many of the entrepreneurs like you that I have met in my role as a business advisor are really product creators versus business creators, convinced that a great product will generate a great business. Entrepreneurs are typically focused on the big picture – creating a vision, purpose, and a long-term strategy.

Metrics 140

Metrics Entrepreneur Coach Satisfaction 140

InfoChachkie

JANUARY 16, 2018

Some of the products I’ve helped validate and launch include GoToMyPC, GoToMeeting and AppFolio. The roadmap that you share with the VP of marketing is probably different than what you share with the engineering team. I think in the end it’s helped us build a better product because we are resource-constrained.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Startup Professionals Musings

FEBRUARY 27, 2021

More and more entrepreneurs are hearing about the successful graduates and investors queued behind a few well-known startup incubators, including Y Combinator, TechStars, and the Founder Institute. In my view, the quality of incubator leadership is the single biggest potential value provided and learning opportunity for entrepreneurs.

Incubator 146

Incubator Technical Review Entrepreneur Mentor 146

Both Sides of the Table

JULY 13, 2010

It was difficult to make the transition to a “top down&# thinker but as a senior executive – and as an entrepreneur – you’re far less effective without this skill in your arsenal. That alone will help us solve the problems.&#. The book is expensive but for me personally this helped me enormously.

Entrepreneur 372

Entrepreneur Startup Design Framework 372

InfoChachkie

NOVEMBER 4, 2013

An entrepreneur, weightlifter and travel photographer, James offers his readers advice and insights that help them become better leaders, with an emphasis on improving one''s health in the process. One of the biggest challenges of being an entrepreneur is deciding what not to do. Share and Enjoy. The Whip Vs. The Stool.

Entrepreneur 222

Entrepreneur Startup Research Social Media 222