Startup Professionals Musings

APRIL 24, 2023

Layoffs from bellwethers make headlines and scare us, but these are now mostly behind us. New and old entrepreneurs submitted over five million startup business applications in 2021 and again in 2022, making these the most popular years on record , according to data released by the U.S. Americans are clearly procreating less.

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Startup Professionals Musings

JUNE 22, 2015

The good news is that recent big company financial woes and layoffs have generated a flood of candidates with real experience seeking positions at startups. They are not the ones you need in the few key team positions to drive your startup. Practice an “up or out” growth policy to prevent role stagnation.

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Startup Professionals Musings

OCTOBER 21, 2020

Driven by the current pandemic, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. I see it most in the newest generation of entrepreneurs (Gen-Y), who were shocked out of entitlement into action by an economic downturn. Snap up top talent.

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Startup Professionals Musings

FEBRUARY 15, 2013

While there are many books written on this subject, most entrepreneurs I know simply assume that their own vision, motivation, and drive will be adopted and maintained by partners and employees, based on a one-hour inspirational talk by the founder or business leader, supplemented a reasonable salary, and a dose of fear for good measure.

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Startup Professionals Musings

JULY 7, 2019

The simple answer is that we all have to start thinking like entrepreneurs, rather than entitled employees. This may seem scary, but it’s the reality, and what every entrepreneur has to do at every stage of survival and success. Start tracking your costs as well as income elements.

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Both Sides of the Table

MARCH 10, 2010

I know that this will sound like a random post topic for startup advice but I promise it’s relevant. When I started blogging I had an idea. I would take all of the one-on-one conversations that I have with entrepreneurs from the things I’ve learned and just write them up for anybody to read. Don’t.

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Startup Professionals Musings

MAY 1, 2013

Driven by the recent recession, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. I see it most in the newest generation of entrepreneurs (Gen-Y), who were shocked out of entitlement into action by the recession. Snap up top talent.

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Startup Professionals Musings

AUGUST 1, 2013

The sad truth is that cash flow surprises kill many startups, even though they should have been adequately funded to survive. I will outline here ten key principles and disciplines that every entrepreneur must understand and practice to minimize surprises and failures in this area: Failure to document cash flow projections is a disaster.

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Both Sides of the Table

NOVEMBER 29, 2009

This is part of my series on How to Raise VC but could equally be filed under Startup Advice more generally. I recently got a phone call from an entrepreneur whom I respect and who runs a company that I hope will do great things one day. He started the call by telling me he had exciting news. Save it for someone who cares!

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InfoChachkie

APRIL 9, 2012

These entrepreneurs do not risk everything, work outrageous hours and put themselves under extreme pressure because they want to. It is not rational to put oneself into the uncertain, stress-filled environment of a startup. Entrepreneurs want to matter. “It is difficult to see the picture when you are inside the frame.”.

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Startup Professionals Musings

APRIL 4, 2012

Driven by the recent recession, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. I see it most in the newest generation of entrepreneurs (Gen-Y), who were shocked out of entitlement into action by the recession. Snap up top talent.

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Startup Professionals Musings

JANUARY 17, 2016

In the new business world, many entrepreneurs are so excited with large initial orders that they don’t anticipate the cash flow challenges that can quickly kill their startup. Your startup may be profitable, but broke. Fluctuating sales means more inventory is required to cover the ups and downs.

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Startup Professionals Musings

FEBRUARY 18, 2014

While there are many books written on this subject, most entrepreneurs I know simply assume that their own vision, motivation, and drive will be adopted and maintained by partners and employees. In a startup, key resources include funding, facilities and tools, and the time to get the job done. Resources. Relationships.

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Startup Professionals Musings

AUGUST 7, 2020

Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term. In my experience, even in startups, longer-term strategy often gets pushed off the agenda due to current challenges.

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Both Sides of the Table

SEPTEMBER 15, 2010

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). Paul Kedrosky made the case for “naive optimism&# being an important part of startup success. got picked up early without raising a lot of VC. Always have been.

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Both Sides of the Table

SEPTEMBER 14, 2010

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). Paul Kedrosky made the case for “naive optimism&# being an important part of startup success. got picked up early without raising a lot of VC. Not everybody agreed.

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socalTECH

MARCH 14, 2019

In Lyft's case, most of those employees were part of a startup called Motivate, which was acquired by Lyft about three months ago. The move follows similar cuts over at the scooter department of Lyft, which laid off approximately 50 people in its bicycle and scooter operations, just ahead of an expected IPO filing. READ MORE>>.

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Startup Professionals Musings

OCTOBER 2, 2010

Driven by the recent recession, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. I see it most in the newest generation of entrepreneurs (Gen-Y), who were shocked out of entitlement into action by the recession. Snap up top talent.

Startup 51

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Xconomy

JULY 1, 2016

Fred Lee, the University of Wisconsin Radiologist With Startup Vision. Jeff Buchanan goes deep with a special series on doctors-turned-entrepreneurs in health IT and other medical technologies. Ben Fidler chronicles the rise of New York’s life sciences scene, from startups and investors to universities and nonprofits.

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Startup Professionals Musings

OCTOBER 9, 2010

There has never been a layoff nor a labor shutdown in their history. President of KnowHow, Inc , counselor to small businesses through SCORE , and author of Basic Business Planning for Entrepreneurs. Tags: excellence entrepreneur business culture startups. Employee turnover is extraordinary low. Robinson, Ph.D.,

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Organization Training Layoffs Journal 89

Xconomy

JULY 15, 2016

The week started on a reflective note. Our San Diego editor Bruce Bigelow penned a personal goodbye to entrepreneur Larry Bock, who died last week of pancreatic cancer at the age of 56. And hellos: Third Rock Ventures brought in a well-traveled biotech veteran, Steven Holtzman , to run its hearing-loss startup Decibel Therapeutics.

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Startup Professionals Musings

SEPTEMBER 15, 2013

You don’t need to invent an innovative product to be a real entrepreneur. Many of these new entrepreneurs were regular employees a few years ago, focused on a skill specialty. They are not the generalists required for new product startups. This world changes rapidly and needs a highly focused specialist to keep up.

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Startup Professionals Musings

DECEMBER 20, 2010

Some people stand up and move around to be more dominant, maybe even threatening. I’m supportive of using text messaging for agreeing on a time and place for a customer visit, but when I read that text messages are the new pink slips for layoffs, that’s just wrong! None of these come through in texting. Space occupied.

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Both Sides of the Table

APRIL 6, 2020

We have been advising a lot of entrepreneurs so I thought I’d “open source” some of the advice I have been sharing. If you do massive layoffs (RIFs) you can assume that you will need to repay your loan since the intent of the loan is to protect jobs. In this instance they would need to give up the right entirely.

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Startup Professionals Musings

FEBRUARY 21, 2011

You don’t need to invent an innovative product to be a real entrepreneur. Self-employed services specialists are just as important, and are a growing part of this new “ age of the entrepreneur ” that I discussed last week. Many of these new entrepreneurs were regular employees a few years ago, focused on a skill specialty.

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Both Sides of the Table

APRIL 25, 2010

So let me start with an apology. By the next day I usually try to clean up some of the typos but usually try to leave the content intact. In defending myself in the comments section I started to settle on a slightly revised POV. On Thursday of last week I cranked out a post on job hoppers. Of course there are.

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Startup Professionals Musings

FEBRUARY 24, 2010

Entrepreneurs who run startups have to be generalists to survive. Yet I’m seeing another critical group of entrepreneurs, self-employed specialists, who are a growing part of this new “ entrepreneurial revolution ” that I discussed a couple of weeks ago. Many of these new entrepreneurs were regular employees a few years ago.

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