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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Berkonomics

AUGUST 9, 2012

There is a bit of the teacher in all of us, and a request for help is a natural trigger to bring this out. And there should be an equal – if not stronger – bit of a student in each of us as well, allowing us to drop our egos a notch and actually ask for help when we need it. Who among us can’t use that?

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Startup Professionals Musings

APRIL 3, 2020

One obvious alternative is to become an entrepreneur. As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to switch and get real satisfaction from this lifestyle. I found some great help in outlining the elements of this process in the classic book, “ Disruptors ,” by Kunal Mehta.

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InfoChachkie

MAY 12, 2014

I recently received an email from a former student in which he described how he was able to secure a lunch meeting with a high-profile entrepreneur who is operating multiple ventures in parallel. Benedikt Scholz is an exceptional student whom I had the pleasure of instructing when he recently studied at UC Santa Barbara.

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Both Sides of the Table

OCTOBER 22, 2010

On why you should be an entrepreneur, “A lot of people do what they have to do. He studied the errors that other people had made and tried to improve on them. Cham studied early in his career how to hold the microphone, how to project his voice, how to watch the audience and pay attention to what interested them.

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Both Sides of the Table

OCTOBER 5, 2014

I did a study for a large European mobile operator on whether they should bid for 3G spectrum and if so how much was it worth. For me, after nearly a decade in the trenches of being an entrepreneur I felt I was un-brainwashed from trying to pretend I had all the answers. And I encourage entrepreneurs to triangulate as well.

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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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InfoChachkie

NOVEMBER 3, 2014

According to Jared Belsky, President, 360i , “We see Search and Social as a 24 hour real-time consumer focus group that helps us stay on top of what consumers care about for our brands. Greathouse : DataPop & Kenshoo recently released a study that highlights the potential opportunities on sites like Pinterest and Polyvore.

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Startup Professionals Musings

SEPTEMBER 26, 2022

The successful entrepreneurs I have met and worked with over the years all seem to share that passion for learning, and they see rapid market change not as a problem, but as an opportunity for them to move ahead of the crowd in changing the world. Successful entrepreneurs love to share, but they respond better to pull rather than push.

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InfoChachkie

MARCH 2, 2015

Despite the fact that I teach entrepreneurship at UC Santa Barbara , I do not believe that entrepreneurs are created in classrooms. Instead of trying to teach students to be an entrepreneur, I expose my entrepreneurial students to tools that will help them solve real-world problems. out of 5 in both Helpfulness and Clarity.

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Startup Professionals Musings

DECEMBER 14, 2022

Aspiring entrepreneurs who struggle in a corporate environment often can’t wait to start their own company, only to find that relationships are even more critical and volatile there. The message here is not to use the public personas of leaders and entrepreneurs as the model for building and maintaining your business relationships.

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Both Sides of the Table

FEBRUARY 20, 2012

She actually IS the prototypical entrepreneur. But Tracy did what entrepreneurs do. Tracy studied SEOMoz and several other online sources of SEO tips. Sam is the managing director of Launchpad LA and we were about to pick our 2012 class of entrepreneurs. More on that later. That may soon change. She never gave up.

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Startup Professionals Musings

MARCH 6, 2023

Aspiring entrepreneurs who rely only on traditional learning vehicles (teachers, classrooms, and risk-free practice) are doomed to failure in anticipating change today. Either they are never really ready to commit, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era.

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Startup Professionals Musings

JULY 12, 2015

One of the simplest questions I get from aspiring entrepreneurs, and ironically one of the hardest, is “How do I start?” They just aren’t prepared for the life they want, and are really asking me how to learn to be an entrepreneur. Help entrepreneurs with constant learning. Learning doesn’t have to be all work.

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InfoChachkie

FEBRUARY 4, 2019

Annie’s approach is a highly-readable balance between memorable, real-world analogies and hardcore behavioral science studies. The Power Of “I’m Not Sure” – Successful, serial entrepreneurs tend to be self-reflective and not dogmatic. However, Thinking In Bets is her first foray into the broader business strategy genre.

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Startup Professionals Musings

DECEMBER 26, 2022

One alternative is to become an entrepreneur. As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to get satisfaction from this lifestyle. I found some great help in outlining the elements of this process in the book, “ Disruptors ,” by Kunal Mehta. Expand your support group and test your limits.

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Startup Professionals Musings

OCTOBER 14, 2023

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

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Startup Professionals Musings

OCTOBER 15, 2016

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. Get real experience early.

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Startup Professionals Musings

MAY 27, 2015

Aspiring entrepreneurs who rely only on traditional learning vehicles (teachers, classrooms, and risk-free practice) are doomed to failure in founding a startup today. Either they are never really ready to start, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era.

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Startup Professionals Musings

SEPTEMBER 11, 2015

Most aspiring entrepreneurs believe that a great idea alone will assure business success. In fact, I believe modern entrepreneurs need to be super sales people, in the most positive sense, to their team as well as customers. Entrepreneurs set the price of their solution based on their costs, and their perception of value.

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Tech.Co

AUGUST 16, 2017

Finding potential customers continues to be a huge challenge not only for established marketing and sales teams but also for startup executives and solo entrepreneurs. A study in 2013 showed that 61 percent of marketers found it hard to generate high-quality leads. Connect your Google account with Milkshake to get started.

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InfoChachkie

JUNE 2, 2016

Are you an entrepreneur that is thinking about dropping out of college? However, as made clear in Should Millennial Entrepreneurs Skip College? What differentiates this small minority of entrepreneurs who are better off dropping out of school (or never enrolling) and running their startups full time?

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Startup Professionals Musings

JANUARY 21, 2013

Many believe that entrepreneurs are born, not made. While I agree that successful company builders usually have a natural inclination to be entrepreneurs, a good education helps polish that apple. We can all point to examples of successful entrepreneurs who dropped out of college, but still went on to make a big impact.

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Startup Professionals Musings

OCTOBER 4, 2014

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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InfoChachkie

MAY 26, 2011

Help someone. Scott’s article struck a chord with me, as a number of my entrepreneur studies students from UC Santa Barbara have reached out to me in the past few days, looking for jobs after they graduate. As noted in Do Not Seek Your Fortune, Create It , successful entrepreneurs do not wait for someone to shout, “Go!”

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InfoChachkie

MARCH 21, 2019

Ida wasn’t even the first modern-day entrepreneur to offer women brassieres. In response to the national adoption of their fashion innovation, Ida’s husband William (with the help of his sister Masha Hammer) boosted output by establishing the first mass production line in the women’s apparel industry. Innovate Beyond Product Features.

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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. Focusing On Everything = Focusing On Nothing.

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Startup Professionals Musings

MAY 3, 2021

These days, I seem to often hear from entrepreneurs who are struggling to find a mentor, or complaining about their lack of effectiveness. Most entrepreneurs view a mentor as someone older and more experienced who takes the time to personally give guidance, advice, and takes an emotional investment in your success.

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Startup Professionals Musings

AUGUST 29, 2013

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

JULY 14, 2014

According to a Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don''t attract investors failing within the first three years. My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps.

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Startup Professionals Musings

MARCH 28, 2014

Perhaps sparked by the recent recession, I’m seeing a new era of the entrepreneur, with startups springing up all around. Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. Real entrepreneurs always look ahead and learn from problems resolved.

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Startup Professionals Musings

DECEMBER 14, 2014

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Your great idea for the next Facebook may make you wealthy, but it probably won’t help the hungry. The founding team size dilemma.

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Startup Professionals Musings

DECEMBER 21, 2016

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. Here are some indicative entrepreneurial facts from recent Kauffman studies and others. percent to 24.3 percent last year.

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InfoChachkie

JANUARY 12, 2015

After studying at UC Santa Barbara''s entrepreneurial program , he returned to Spain, excited to start a venture and make a positive impact on his homeland. Fredi''s email is worth reading, as it reinforces how lucky American entrepreneurs truly are. One of my top former students, Fredi Fernandez , recently sent me a compelling email.

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socalTECH

JANUARY 19, 2017

To help fix that, the startup has created a mobile app to guide people through their strengths, interests, key skills, and more to guide them along the way to a career they'll love. Since then, I have worked extensively with mentoring youth, and helping them figure out what's possible in terms of careers. What is your app all about?

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Startup Professionals Musings

MAY 30, 2022

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. Of course, not every entrepreneur wants to tackle this challenge. Hire more help than helpers.

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Startup Professionals Musings

MAY 8, 2015

If you are an aspiring entrepreneur, or an existing business, and haven’t yet sized any of these opportunities, you may be already late to the game. Idling capacity is a notion that was first systematically studied and measured in the context of industrial processes. There is value in the “idling capacity” of all assets. Restaurants.

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