Startup Professionals Musings

MAY 17, 2020

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. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Startup 174

Startup Writing Entrepreneur Ideas 174

Startup Professionals Musings

SEPTEMBER 12, 2022

Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession. So how do good entrepreneurs do it, and what do they do that everyone can learn from?

Entrepreneur 127

Entrepreneur Mentor Competition Study 127

Berkonomics

MARCH 5, 2020

In the creation of a young company, 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. First: Product risk. . Second: Market risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

OCTOBER 1, 2022

As a mentor to many business professionals and owners, and aspiring entrepreneurs, I find a wealth of innovative ideas, but often less insight on what it really takes to transform ideas into an income stream that can excite new customers into long-term business success. Write down your business model and five-year plan.

Ideas 145

Ideas Startup Case Study Writing 145

Both Sides of the Table

FEBRUARY 7, 2010

I originally conceived it as the Top 11 things that I believe “all entrepreneurs need to succeed.&# If it stuck to this theme then I would stand by my top 11. There’s one attribute (coming soon) that I need to have in order to write a check but I don’t believe is vital for success.

Entrepreneur 267

Entrepreneur Startup SaaS San Diego 267

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.

Entrepreneur 222

Entrepreneur Startup Research Social Media 222

Startup Professionals Musings

JULY 26, 2015

Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession. So how do good entrepreneurs do it, and what do they do that everyone can learn from?

Entrepreneur 105

Entrepreneur Mentor Study Competition 105

Both Sides of the Table

NOVEMBER 5, 2012

I use George Bush vs. Al Gore as allegory and I’ve been using it with entrepreneurs for years to sink in a simple point about how to communicate with the market. This does not mean you shouldn’t solve big, complex problems or write complex code. Most Silicon Valley tech entrepreneurs I know are more like Al Gore.

Entrepreneur 370

Entrepreneur Startup Press Venture Capital 370

Startup Professionals Musings

APRIL 10, 2023

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. Don’t be totally driven by your own passions, the emotional enthusiasm of friends, or even third-party research. No entrepreneur can survive as an island.

Startup 142

Startup Capital Resource Research 142

Startup Professionals Musings

OCTOBER 2, 2013

If you are an entrepreneur today, and not using social media to promote your business, you are missing out on a huge opportunity. Assess social media relevance to your product or service. If your business is industrial B2B products, social media should be low on your list. Communication and writing skills are required.

Social Media 101

Social Media Media Entrepreneur Metrics 101

Startup Professionals Musings

JUNE 20, 2014

Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession. So how do good entrepreneurs do it, and what do they do that everyone can learn from?

Entrepreneur 110

Entrepreneur Mentor Study Competition 110

Startup Professionals Musings

AUGUST 20, 2012

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Product 92

Product Outsource Development Competition High Tech 92

Startup Professionals Musings

SEPTEMBER 7, 2022

The challenge is when and how to make the switch to the entrepreneur lifestyle. As a mentor to young aspiring entrepreneurs , I often get asked for tips on a strategy to get started. Remember that investors tend to fund entrepreneurs, not ideas. Write a business plan for your desired new business.

Startup 114

Startup Tips Coach Satisfaction 114

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Of course, a real entrepreneur always takes a failure as a milestone on the road to success. How can you improve your odds?

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

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. First: Product risk. . Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? Make you wealthy someday.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Both Sides of the Table

JANUARY 26, 2013

Understanding “The Funding Angle” I sit at enough board meetings to hear conflicting advice given to entrepreneurs about how to handle PR and announcements at startups. I will add to this as I write more in the coming weeks on the topic. Should I Bundle it With More Juicy News? That used to be the standard.

Startup 355

Startup Funding News Press 355

TechCrunch LA

MARCH 31, 2021

. “From the invention of the semiconductor to the creation of the Internet, new engines of economic growth have emerged due to public investments that support research, commercialization, and strong supply chains,” the White House wrote.

Startup 229

Startup Technical Review Invest Research 229

Startup Professionals Musings

JULY 17, 2020

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. Don’t be totally driven by your own passions, the emotional enthusiasm of friends, or even third-party research. No entrepreneur can survive as an island.

Startup 143

Startup Capital Resource Research 143

Startup Professionals Musings

JUNE 18, 2011

If you are an entrepreneur today, and not using social media to promote your business, you are missing out on a huge opportunity. Assess social media relevance to your product or service. If your business is industrial B2B products, social media should be low on your list. Communication and writing skills are required.

Social Media 93

Social Media Media Entrepreneur Platform 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. First: Product risk. Second: Market risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Both Sides of the Table

APRIL 21, 2020

Food production and distribution, group collaboration, remote training or education, sensor technology (tracking people movement, temperatures, etc), certain biotech deals. There are large sums of money to be invested and if investors can get comfortable with “downside protections” they’ll still write checks. Yes, critical.

Venture Capital 263

Venture Capital Marketing Startup Writing 263

Both Sides of the Table

APRIL 27, 2014

Of course these are great places to network with other investors, meet great entrepreneurs and keep your connections strong with senior execs at larger companies like Yahoo!, I know I can’t be in every deal and I know that the easy part of being a VC is writing the first check in a deal. And there’s conferences. Web Summit.

Venture Capital 374

Venture Capital Invest Press Startup 374

Both Sides of the Table

APRIL 12, 2018

Many people will write the history on why Ring became an enormously successful company and why it became a real-world unicorn in a world when many startups are anointed that merely on paper. It is an LA-based company that was recently acquired by Amazon, which you can read more about in this incredibly well-researched article.

Startup 247

Startup Pricing Product Marketing 247

Startup Professionals Musings

MARCH 13, 2013

Resumes won’t give you the positive conclusion, but they can highlight negatives, like job gaps, bad writing, and minimal experience. “He All the statistical research shows that there is very little correlation between a good personality and any specific job. “I didn’t have time to read the resume, but he has great answers.”

Entrepreneur 100

Entrepreneur Startup Statistics Resource 100

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. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Startup 105

Startup Entrepreneur Writing Ideas 105

Both Sides of the Table

APRIL 20, 2011

As a courtesy if you enjoyed his write-up please check out his startup company, ChannelStack. Howard Morgan earned a PhD in Operations Research/Computer Science in 1968. Through his research he helped bring ARPANET to Philadelphia in 1973. Office Hours – Two or three partners post a sign-up sheet to meet with entrepreneurs.

Capital 284

Capital Venture Capital Technical Review Startup 284

Startup Professionals Musings

MAY 9, 2010

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Product 48

Product Outsource Development Competition High Tech 48

Startup Professionals Musings

SEPTEMBER 7, 2018

A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. This process costs money, which professional investors are not willing to contribute, since their interest is in scaling a proven product and business model into a growth business.

Funding 90

Funding Technical Review Startup Research 90

Startup Professionals Musings

NOVEMBER 4, 2019

Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea. I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there.

Ideas 94

Ideas Slides Technical Review Patents 94

Both Sides of the Table

MARCH 10, 2015

I write about sales often both because it’s the lifeblood of any organization and because in my experience it is the area in which more startups are least experienced or inclined. I also write and talk about it frequently because raising capital is a part of sales and this is important for entrepreneurs to understand.

Sales 150

Sales Startup Venture Capital Funding 150

Startup Professionals Musings

SEPTEMBER 18, 2010

By Mahesh Raj Mohan Writing a business plan can be a difficult process. Even if you know your product/service suite down cold, understand the strengths/weaknesses of the competition, and have built pro forma financials that are sane. you still have to write the plan for a particular audience. What does that mean?

Writing 97

Writing Summary Ideas Research 97

Startup Professionals Musings

JANUARY 5, 2020

As an advisor to entrepreneurs, I find that I often have to remind them that the world of customers has changed since they started their last business. Not only does focusing on the customer make sound business sense, but research indicates that customer-centric companies can be up to 60% more profitable.

Customer 133

Customer Custom Social Media Startup 133

Both Sides of the Table

FEBRUARY 14, 2010

I’m writing this post to make sure you’re all on that same playing field. In data analysis you want to look for “primary&# research, which means the person who initially gathered the data. The bankers and consultants weren’t paid to do too much primary research. So, where is this all coming from, Mark?

Statistics 415

Statistics Startup Report Research 415

Both Sides of the Table

JANUARY 23, 2011

One of the most frequent questions entrepreneurs ask about when they raise a little bit of money or are getting close to launching their first product is whether they should hire a PR firm. And I actually got pretty decent grades in English and writing overall. I write on my blog how I think in my head.

Startup 349

Startup Writing Press Blogging 349

Both Sides of the Table

MAY 13, 2018

If you truly believe that you, your company and your products are exceptional and your company will be valuable then you’re actually doing them a FAVOR by helping them invest in your startup. Like any sale you first need to plan your “prospects” and qualify whether or not they’d be a good fit for your product?—?an Same with VC.

Venture Capital 332

Venture Capital Funding Startup Sales 332

Startup Professionals Musings

JANUARY 17, 2018

Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession. So how do good entrepreneurs do it, and what do they do that everyone can learn from?

Entrepreneur 64

Entrepreneur Mentor Competition Study 64

Tech Zulu Event

JUNE 11, 2012

Tech Reporters: These individuals will write and edit informative and practical articles on a range of topics including Startups/Entrepreneurs, Gadgets, Mobile Tech, Tech in Entertainment, Gaming, Apps & Software, productivity, and cover breaking tech news. Think you may be interested? Take a look below and give us a shout.

Technical Review 71

Technical Review Software Review Writing News 71