Startup Professionals Musings

JULY 12, 2021

Sometimes entrepreneurs are so focused on making change happen for customers that they forget that continually changing themselves and their company is equally important. Negative advice on an unknown is easy and safe to give, so every entrepreneur hears it over and over. In his classic book “ Invent, Reinvent, Thrive ,” Lloyd E.

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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. Both provide entrepreneurial “head start” programs for aspiring entrepreneurs, free legal guidance, and access to experienced staff members.

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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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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. READ MORE>>.

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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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Startup Professionals Musings

JULY 31, 2020

As an angel investor in startups, I’m a believer that smart investors invest more in you as the entrepreneur than the next billion dollar solution you are pitching. Even if you are still in school, and never started a company before, strong entrepreneur candidates can point to projects they initiated, led, that produced significant results.

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Startup Professionals Musings

FEBRUARY 8, 2020

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.

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Both Sides of the Table

OCTOBER 5, 2014

What would the right technology strategy for Telecom Italia be in 5 years. 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. And I encourage entrepreneurs to triangulate as well.

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Startup Professionals Musings

JUNE 7, 2020

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Formalize the use of tools and information technology. Team building status and plan.

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Both Sides of the Table

SEPTEMBER 10, 2021

The world around us is being disrupted by the acceleration of technology into more industries and more consumer applications. Technology solutions are now used by authoritarians to monitor and control populations, to stymie an individual company’s economic prospects or to foment chaos through demagoguery. What Has Changed in Financing?

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Startup Professionals Musings

SEPTEMBER 30, 2019

Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. You can grow organically, or stretch out with big capital investments for volume and reach.

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Startup Professionals Musings

SEPTEMBER 29, 2019

A common request I get while mentoring entrepreneurs 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.

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Startup Professionals Musings

OCTOBER 2, 2023

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. In this context, there are at least six stages often included in the scope of R&D to narrow your focus: Search for new technologies. Technology pilots.

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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. MBA’s are trained to design, organize and manage such large-scale, complicated operations. Ventures In Which An MBA Education Is A Plus.

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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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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.

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Startup Professionals Musings

JUNE 12, 2021

Technology environment savvy. A personal assistant must be highly organized and detail-oriented. A personal assistant must be able to understand intent and context, as well as learn common acronyms and shorthand phrases, whether written or spoken. Good organizational skills.

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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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Both Sides of the Table

NOVEMBER 19, 2009

(In case it’s not obvious it’s a play on the Nike slogan, “Just Do It.&# ) I believe that being successful as an entrepreneur requires you to get lots of things done. Entrepreneurs make fast decisions and move forward knowing that at best 70% of their decisions are going to be right. This paralyzes most people.

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socalTECH

NOVEMBER 14, 2011

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.

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Startup Professionals Musings

JULY 19, 2021

To build a startup, entrepreneurs need a laser focus on providing an innovative solution to a real problem. Most entrepreneurs dream of achieving the exponential expansion of a Google or Amazon, but few investor pitches I see outline any strategy beyond simple marketing to make this happen. Diamandis and Steven Kotler.

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socalTECH

FEBRUARY 18, 2014

The Los Angeles County Economic Development Corporation (LAEDC) said Tuesday that it has launched a new effort to help galvanize and promote the technology and "innovation economy" in Los Angeles, called inLA.

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Tech.Co

OCTOBER 14, 2016

“This FREE course introduces the fundamentals of technology entrepreneurship, pioneered in Silicon Valley and now a large and growing part of the Los Angeles economy. You will learn the process technology entrepreneurs use to start companies.

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Startup Professionals Musings

SEPTEMBER 28, 2018

One of the big differences between an entrepreneur and an employee of a big business is that employees tend to have a very narrow focus on their job, while entrepreneurs have to keep the broader focus on business. entrepreneurs consistently claim to be happier , and have a higher net worth than employees. In fact, U.S.

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SoCal Tech Calendar

FEBRUARY 24, 2012

Thursday, March 1, 2012 -- CONNECT Entrepreneur Hall of Fame. March 1, 2012 :: 11:30 am - 1:30 pm Join CONNECT for our prestigious Hall of Fame Luncheon honoring distinguished biotech inventor, entrepreneur, investor and pioneer, Howard "Ted" Greene. See [link] (more)

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Startup Professionals Musings

SEPTEMBER 14, 2018

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. Startups succeed most often when the founding partners know how to build and run a business, rather than how to build and run technology.

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Berkonomics

NOVEMBER 1, 2018

If there have never been outside investors to organize such an option program, many CEOs never get around to creating a system for rewarding employees in a sale. Those that pay off handsomely (congratulations if so), those marginal exits that selvage technology, brand and jobs – better than nothing. And a lack of plans for others.

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socalTECH

DECEMBER 27, 2019

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 cant do it alone.

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Startup Professionals Musings

JANUARY 18, 2021

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. In this context, there are at least six stages often included in the scope of R&D to narrow your focus: Search for new technologies. Technology pilots.

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Startup Professionals Musings

OCTOBER 10, 2018

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

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socalTECH

JANUARY 2, 2019

San Diego venture investor and entrepreneur Barbara Bry , who co-founded Proflowers.com and several other local technology companies, said on Wednesday that she is running for Mayor of San Diego , in a move to further extend her experience in the technology industry into politics. READ MORE>>.

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socalTECH

MAY 17, 2018

The insurance industry is an old industry, with a lot of contradictions--it's one where the more claims insurers pay to help customers, the less money the insurers make--and it's also one that hasn't been disrupted much yet by technology. Is it possible to use technology to replace the age-old system currently in use in insurance?

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socalTECH

JANUARY 23, 2018

Wilson is a longtime Southern California technology veteran, having served as an executive at such companies as Overture Services, Yahoo!, Momentum Ventures, and other local startups. Wilson is also well known for starting Innovate Pasadena, the local nonprofit which helps focus on Pasadena's high tech ecosystem. READ MORE>>.

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Startup Professionals Musings

OCTOBER 3, 2016

As a small business and startup advisor, I find that entrepreneurs often love to talk about their latest idea, but not their execution. For example, Elon Musk is recognized as a visionary entrepreneur, but his fortune and his impact has come from the great companies he has built, including SpaceX, Tesla Motors, and PayPal.

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Startup Professionals Musings

JANUARY 2, 2015

If you define your self-worth as an entrepreneur by how busy you are, it’s time to find another lifestyle. For survival, entrepreneurs need to be all about accomplishing results that matter for themselves, their team, and their customers. Rule your technology, don’t let it rule you. That’s productivity. Why is this so hard?

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Startup Professionals Musings

MAY 15, 2021

The most successful entrepreneurs and executives I have seen are savvy business people first, and experts in their field second. This may seem counter-intuitive to technologists, especially in an era when technology seems to be driving the world. Learning is a never-ending requirement for every entrepreneur.

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Tech Coast Venture Network

MAY 15, 2011

April 25, 2011, Irvine, Calif — Tech Coast Venture Network (www.tcvn.org) is hosting the OC Technology Influencer Mixer & Summit 2011, an historic two-day event with partners CompTIA, the world’s largest technology association, the Technology Leadership Political Action Committee and Ingram Micro. Media Contact: Jan Johnson.

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