Berkonomics

MARCH 14, 2019

Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit. This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. Make you wealthy someday.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

MAY 29, 2011

The product plan tells your developers what to build, and the marketing team what to market. Enough detail is required so that someone else can build it without you (outsourcing). Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model.

Product 93

Product Entrepreneur Outsource Development Competition 93

Berkonomics

MARCH 15, 2012

In the creation of a new enterprise, there are five principal risks to be addressed by the entrepreneur. So it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. And fifth: Competitive risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

FEBRUARY 27, 2019

A big trend in business these days is hiring freelancers or contract personnel for the duration of a project, rather than permanent staff. In essence, as a contractor, you are a consultant who is competing regularly for new work, and you constantly have to differentiate your offering from other candidates, including price.

Startup 98

Startup Outsource Development Competition Social Media 98

Startup Professionals Musings

APRIL 1, 2015

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain.

Startup 105

Startup Entrepreneur Writing Ideas 105

Both Sides of the Table

MAY 10, 2018

Nobody commits, nobody wants to set a price, nobody wants to stick their neck out then BOOM! It’s like the entire industry wants to outsource its brain to the smartest person they know and then follow that person. I have successfully used this in business development, sales, fund raising and even the press. Reid Hoffman is in?

Press 232

Press Funding Venture Capital Technical Review 232

Both Sides of the Table

NOVEMBER 25, 2010

I believe that it is part of the DNA of an entrepreneur – being so competitive that you’re practically sick when you lose. Entrepreneurs are neurotic about it. Write things down. I had been competing to win a contract at Thames Water, the largest water company in the UK. I hate losing. Be gracious.

Outsource Development 333

Outsource Development Software Review Technical Review News 333

Both Sides of the Table

NOVEMBER 25, 2010

I believe that it is part of the DNA of an entrepreneur – being so competitive that you’re practically sick when you lose. Entrepreneurs are neurotic about it. Write things down. I had been competing to win a contract at Thames Water, the largest water company in the UK. I hate losing. Be gracious.

Outsource Development 328

Outsource Development Software Review Technical Review News 328

Startup Professionals Musings

APRIL 3, 2016

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain.

Startup 57

Startup Entrepreneur Writing Ideas 57

InfoChachkie

JANUARY 25, 2016

If such write-downs only impacted the faux unicorns and their avaricious investors, there would be little need for alarm. The constant media coverage of the aberrant unicorn valuations has caused otherwise level-headed entrepreneurs to expect investors to participate at prices which are detached from their startups’ fundamentals.

Startup 100

Startup Entrepreneur Invest Venture Capital 100

Both Sides of the Table

MAY 15, 2010

It’s always fun chatting with Jason because he’s knowledgeable about the market, quick on topics and pushes me to talk more about VC / entrepreneur issues. We’re staring to get the hang of how to divide the show up into talking about deals but also talking about issues for entrepreneurs during funding. Short answer: no.

Venture Capital 285

Venture Capital Startup Advertising Redpoint 285

Startup Professionals Musings

AUGUST 20, 2012

The product plan tells your developers what to build, and the marketing team what to market. Enough detail is required so that someone else can build it without you (outsourcing). Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model.

Product 92

Product Outsource Development Competition High Tech 92

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” I have had this discussion with many a first-time entrepreneur. If you don’t, somebody else WILL!” ” The Details.

Startup 418

Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

AUGUST 15, 2009

I believe that it is part of the DNA of an entrepreneur – being so competitive that you’re practically sick when you lose. Entrepreneurs are neurotic about it. I had been competing to win a contract at Thames Water, the largest water company in the UK. We helped the write out their requirements for a system.

Startup 151

Startup Outsource Development Software Review Technical Review 151

SoCal Delicious

MAY 6, 2012

where entrepreneurs share their stories. 63 Los Angeles Entrepreneurs To Be Proud Of By mario on May 2, 2012 in Features , grid. Free Corporations For First-Time Entrepreneurs. Right now they’re setting up 500 free corporations for first time entrepreneurs. Here are 62 63 Los Angeles entrepreneurs we can be proud of.

Los Angeles 78

Los Angeles Entrepreneur Angel Fractional CTO 78

Startup Professionals Musings

MAY 9, 2010

The product plan tells your developers what to build, and the marketing team what to market. Enough detail is required so that someone else can build it without you (outsourcing). Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model.

Product 48

Product Outsource Development Competition High Tech 48

Both Sides of the Table

MAY 7, 2011

This ended up developing into Visual Basic for Applications , the strategy for programmability in Microsoft Office. Microsoft Office ended up beating its competitors because it was able to read and write to file formats other than its own. Do you see product managers as a hindrance to software development? Pricing information.

Software Review 285

Software Review Software Blogging Startup 285

Both Sides of the Table

SEPTEMBER 8, 2009

He writes with a great perspective and is well worth reading. My first job after college was as a developer at Andersen Consulting. I don’t believe you can hire great business people who outsource the development to a hot incubator who builds you code to match your ambitions. I had to laugh a bit reading it.

Startup 337

Startup Venture Capital Study Course 337

InfoChachkie

MAY 23, 2011

Hipster-wannabes routinely wait in line for hours for the opportunity to buy exorbitantly priced drinks in an exclusive nightclub. As noted in Contract Traps Entrepreneurs Should Avoid , exclusivity can kill a small company. Write this number down. Limited Scope – Conscribe the exclusions as narrowly as possible.

Technical Review 183

Technical Review Marketing Sales Competition 183

Both Sides of the Table

JULY 10, 2011

Today I’m announcing that GRP Partners is doubling down on the Twitter ecosystem by investing in DataSift , a company who provides a real-time data platform and tools to third-party developers and corporations. I believe this makes Twitter the perfect ecosystem for development. How about if they knew how often I came to Vegas?

Platform 307

Platform News Startup Invest 307

Tech Zulu Event

NOVEMBER 18, 2011

An entrepreneur having low self worth is the number one deterrent for a potential customer not buying into what you are selling. Typically entrepreneurs doubt themselves because they undervalue their offerings, but it isn’t about creating a product, setting a price and hoping people will buy. Second, how to get leads.

Customer 85

Customer Custom Marketing SEO 85

InfoChachkie

DECEMBER 2, 2009

As Marketing Guru Guy Gabriel of Idea Engineering points out in Max Brand , viral marketing has made many an entrepreneur terminally ill. Ideally, such ads should clearly articulate the value proposition including the price. If you benefit from true word-of-mouth marketing, consider yourself lucky.

Customer 164

Customer Custom Advertising SEM 164

SoCal CTO

SEPTEMBER 8, 2010

Pricing models, the freemium myth and why you may not be charging enough for your product - Seth Levine's VC Adventure , August 12, 2010 I’ve been pulled into a number of product and pricing meetings recently (for reasons unknown I’ve become the Foundry pricing and productization guy). clearly didn’t cause this.” How it happens.

Startup 191

Startup Venture Capital Blogging CTO Hire 191

SoCal CTO

DECEMBER 1, 2010

aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. Was it a Startup Founder Developer Gap ? But I didn’t write it for you; I wrote it for myself. but: Something is Still Missing.

Technical Review 175

Technical Review Startup Product Technology 175

SoCal CTO

JANUARY 5, 2011

First Principles. Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. -

Startup 378

Startup Venture Capital Blogging CTO Coach 378