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It's a warm summer night in Westwood and 35 entrepreneurs are mingling with a collection of the new SoCal silicon-set. At a recent Mentor Mixer for the accelerator, held last Thursday, the group ran through pitches and mixed and mingled with mentors. Five startups: Contur , Enplug , FitKit , Afterschool.me READ MORE>>.
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. READ MORE>>.
To be a great entrepreneur you really do need talent. You need to be great at something: technology back-end, front-end design, usability, sales, marketing, quantitative analysis, leadership –> whatever. But if you’re not uber talented there is always a “Justin Bieber of technology&# waiting to kick your ass.
” It’s the most common refrain I hear from investors and even entrepreneurs these days. Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. “There’s something going on in LA.” acquired Overture for $1.63
A group of Southern California businesses are attending the Entrepreneurs Festival taking place in Tech City UK , looking to potentially set up shop and foster business partnerships in London. Today marks the start the festival, an effort to establish a center of technology entrepreneurship in England.
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. Take advantage of free startup programs and mentors. School mentors, professors, and peers will give you the critical feedback without passing judgment.
David Carter and Allen Hurff are two startup veterans, who believe they have a new formula to help create early stage, technology companies, through their new "startup studio", Zuma Ventures (www.zumavc.com). Incubators, at the core level, take basic core level technology and try to build a company around it.
Los Angeles-based Launchpad LA , the startup mentoring effort spearheaded by GRP Partners' Mark Suster, is announcing this afternoon that it has selected 10 startups for the second season of the program. Tags: incubation mentoring startup launchpadla. READ MORE>>.
Tuesday, January 15, 2013 -- StartEngine Mentor Mixer and Downtown Grand Opening with Deputy Mayor Matt Karatz - 1/15/2013. A night to mix and mingle with mentors, founders, the Downtown L.A. business community, and for our entrepreneurs to practice their pitch before demo day. The new office?s
The message I hear publicly from most entrepreneurs is that you have to think outside the box and take big risks to ever beat the odds and be among the less than ten percent that experience real success. Serious entrepreneurs will privately admit the business is first, and the family second. All risks are not the same.
Find the best and brightest next generation of entrepreneurs and help them to be more successful. Encourage the most successful LA tech entrepreneurs who had previously started companies to get involved as mentors, instructors or just informal advisors. We decided to be less formal about the mentor / mentee relationships.
On Thursday, the City of Ventura is formally launching a new incubator, the Ventura Ventures Technology Center (www.v2tc.com), targeted at high tech businesses. The incubator so far includes startups Lottay , Geodelic , and a number of other Internet and other technology firms. Where did you find your current crop of companies?
It was standing room only at StartEngine 's Demo Day Wednesday afternoon, held at Santa Monica's Cross Campus , as the startup accelerator launched eight of its latest startups into the world, after a 90 day process of mentoring, honing their business model, and heads down development. Standing room only crowd at StartEngine). It's unclear.
The accelerator said that it is aiming at helping entrepreneurs--particularly in the social and mobile technology space--in Los Angeles, San Diego, and Orange County with pre-seed funding and mentoring.
Great content again in September that meets at the intersection of startups, technology, product and being a Startup CTO. Coworking Spaces - A VC : Venture Capital and Technology , September 2, 2010 I've never been much of a fan of incubators. But how do you actually get the right people to be your mentors? and chartbeat.
There is a large menu of startup accelerators in the Los Angeles, but one of more established efforts in the area is LaunchpadLA ([link] The effort actually started as an informal mentoring program, but has grown and expanded to follow the accelerator model. It was really just something built for the community to help support entrepreneurs.
Those programs--epitomized by YCombinator in the Bay Area, and TechStars in Boulder, Colorado--attract newly minted entrepreneurs with a mixture of cash and mentoring, and a program which rapidly takes ideas and turns them into viable, executing businesses. Those mentors are not just Bruce and I, although we are full time on this.
Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there''s still a shortage of local, venture capital. In particular, funding for companies developing deep technology--software and cloud, as opposed to content and media--seems to be lacking.
I then got my MBA at University of Chicago so I secretly pull for local entrepreneurs as long as they don’t make me visit in the Winter any more. Local mentors matter. People often say, “Great entrepreneurs will build a community and the capital will follow.” Local capital matters. But we still need more funds.
Are you an entrepreneur hoping to startup a company in the Los Angeles area? Southern California apparently has no shortage of investors, entrepreneurs, and others eager to help budding entrepreneurs. Howard Marks: We're a startup accelerator, which will help entrepreneurs become successful in 90 days. Howard Marks: Yes.
Every entrepreneur I know is dismayed by the number of friends who approach them with a line such as “I have an even better idea that will change the world, and one of these days I’m going to get around to starting my own business.” Focus” is the key to success as an entrepreneur. Irrational fear of failure or embarrassment.
As a mentor to aspiring entrepreneurs, the most common question I get is, “I want to be an entrepreneur -- how do I start?” Many people with great ideas never make it as entrepreneurs, and true entrepreneurs can make a business out of anything. Are you confident and disciplined in facing tough challenges?
Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. What new technology area, startup, service, or app did you find most interesting or useful this year, and why? That you cant do it alone.
In recent months, a dozen accelerators and incubators have emerged in the Southern California area, looking to help take the new generation of technology startups to funding and beyond. which programs are--and aren't--worth looking at has become very difficult, if not impossible, for startup entrepreneurs.
A common request I get while mentoringentrepreneurs is for a copy of the startup checklist they need to follow, in order to build a successful new business. His checklists cover everything from building a vision, to consistently delivering results, for entrepreneurs up to mature business executives. I wish it was that easy.
What''s the idea behind the incubator--which gives its startups $20,000 in capital, education, mentoring, working space, and more--and how is it tied to USC? Ashish Soni: I don''t want to talk for them, but what I can say, is they are a big believer in engineering backed companies, technology ventures which are led by engineers.
Although many are entertaining, most fail to provide entrepreneurs with a sufficient return on their time investment. Unfortunately, most business books do not offer entrepreneurs an adequate payoff. Ask For Mentoring. This inclusive approach motivates emerging entrepreneurs by demystifying the paths to success.
We select companies from an application process , and they join us for a twelve week program of workshops, mentoring, and business meetings in order to create value in our businesses, and also accelerate process for them. warner bros media camp mediacamp technology startup content hollywood accelerator incubator interview' READ MORE>>.
These resources are definitely not limited to students, since every university seeks out and needs the real world exposure and experience of entrepreneurs who already are active in the real world marketplace. Collaborative efforts with local companies, like Siemens Venture Capital, are available for certain technology and focus areas.
He talks about the fact that as an entrepreneur himself attracts other entrepreneurs to want to work with him. ” And he knows how important it is to have role models for young Black and Latino entrepreneurs both as fellow entrepreneurs and as investors. And he said it so elequently.
Thus smart business professionals are rapidly becoming the new entrepreneurs. As a mentor to startups, I see more and more startups that are really an individual professional, marketing themselves as a consultant or freelancer. For existing trained professionals, it’s an opportunity to become an entrepreneur. Sales Professional.
Three local universities, plus a Pasadena-based startup, have received a $360,000 grant to promote student entrepreneurship in clean technology. Department of Energy to help foster student entrepreneurs via a business plan competition run by the group called First Look West. OnGreen said it is the commercial partner for the effort.
The core of the investing job of course is investing dollars into startup companies and helping as a mentor, advisor and board member on the companies in which you’ve invested. Kara will now be really involved with what goes on to successfully create and run a firm but while still handling her core duties of funding great entrepreneurs.
It seems like everyone wants to be an entrepreneur and get rich these days. As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. There are lots of resources available for that question, including the Internet and mentors like me. Keep thieves away (protect it).
A new, technology startup accelerator modeled after the TechStars venture incubator in Boulder said today it has launched, and will bring business acceleration to Los Angeles.
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. Access to entrepreneurs-in-residence, business mentors. Access to intellectual property and current research.
One of the biggest complaints you hear from both entrepreneurs and investors in Los Angeles, is the lack of a credible, visible startup accelerator in the Los Angeles area. We caught up with Erik to hear more about MuckerLab, and its efforts to grow the Los Angeles technology ecosystem. Erik, thanks for the time.
Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Investors hate technology solutions looking for a problem, due to the high risk of no customers.
We asked the same four questions of a variety of top technologyentrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next week. In your opinion, what events, companies, or people made the biggest impact on the technology world this year?
In my experience as a business mentor, one of the biggest challenges I see is a failure to focus. Most of you aspiring entrepreneurs have new ideas on a regular basis, and find it hard deciding which to pursue, or try to tackle several at the same time. Highlight results and urgency, rather than variety of activities.
The road to becoming an entrepreneur is a journey , and it’s not a short trip. Every entrepreneur starts by accepting the reality that you have a rare mindset of joy of discovery, with an intense curiosity about how certain things or people work, or why a new technology hasn’t yet been accepted.
As a mentor to many aspiring entrepreneurs, I challenge them to think beyond what I call linear extensions to a current trend, such as another “easier-to-use” app for smartphones, a new dating site for pets, or another niche social network. Great social entrepreneurs are rare. Do you have the resources to build a business?
I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain. Marty Zwilling.
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