Both Sides of the Table

FEBRUARY 14, 2010

In data analysis you want to look for “primary&# research, which means the person who initially gathered the data. But all of the data projections were so different so I decided to call some of the research companies and ask how they derived their data. Tags: Entrepreneur Advice Start-up Advice Startup Advice.

Statistics 415

Statistics Startup Report Research 415

Startup Professionals Musings

JULY 28, 2021

As an angel investor in early-stage startups, I’ve long noticed my peers apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity. He has completed a study of more than 100 CEOs, with feedback from over 8,000 of their employees on this topic.

Entrepreneur 165

Entrepreneur Mentor Ideas Invest 165

Berkonomics

MARCH 18, 2021

Here’s the ultimate thing about entrepreneurism. Research the market before allocating resources. The post Entrepreneurism is all about personal risk. If you don’t directly engage the potential customer at the right time, place and mood, you are at a disadvantage from the start. You may have all the other ingredients.

Entrepreneur 156

Entrepreneur Resource Statistics Customer 156

Startup Professionals Musings

OCTOBER 1, 2022

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.

Entrepreneur 153

Entrepreneur Startup Ideas Knowledge Base 153

Startup Professionals Musings

NOVEMBER 8, 2021

Until the recession a decade ago, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. Being called a lifestyle entrepreneur should be a point of pride, not an insult. It seems that more people are focused on money today.

Entrepreneur 148

Entrepreneur Startup Equity Course 148

InfoChachkie

MAY 20, 2013

According to Tige Young, Founder and CEO of Tui Tai Expeditions , entrepreneurs should de-emphasize ROI and focus on a more accurate measure of wealth, Return On Life. I became acquainted with Tige, when I was researching examples of exemplary online customer service. Being an entrepreneur) can be a really good thing for ROL.

Entrepreneur 235

Entrepreneur Startup Software Engineering Technical Review 235

Startup Professionals Musings

OCTOBER 9, 2021

Litan, former VP of research at the Kauffman Foundation, that these are exceptions to the rule, rather than a model to emulate. Some people even believe that entrepreneurs must be born with the right genes, and no element of education is relevant. I agree with Robert E. It’s important to go well beyond the passionate idea stage.

Entrepreneur 149

Entrepreneur Tips Writing Coach 149

Startup Professionals Musings

JUNE 18, 2021

You can’t win as an entrepreneur working alone. I hope all this seems obvious to you, but I still get a good number of notes from “entrepreneurs” who have been busy inventing things all their life, but can’t find a partner to start their first business, and others trying to find an executive, an investor, or a lawyer.

Entrepreneur 140

Entrepreneur Startup Social Network Mentor 140

Startup Professionals Musings

MAY 18, 2022

Here are some key insights that I and others have collected for mature company leaders, as well as serial entrepreneurs. As an angel investor, I expected startups to have a passion for their solution, but also to have done the market research and customer validation to size the real opportunity. You and your friends are not the market.

Entrepreneur 144

Entrepreneur Artificial Inteligence Social Media Commerce 144

Berkonomics

JULY 6, 2017

Well, here is one of those, and it deals with market research first and foremost. In 1994, (I know a long time ago), I invested over a million dollars into a company whose entrepreneurs had a vision that I bought into for many reasons, not the least of which was that I had industry experience and understood the need.

Competition 266

Competition Research Summary Pricing 266

Startup Professionals Musings

DECEMBER 13, 2021

In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Remember that being an entrepreneur is all about starting and running a business, after the initial invention.

Satisfaction 135

Satisfaction Entrepreneur Startup Mentor 135

Both Sides of the Table

FEBRUARY 9, 2013

I researched the pricing of the car at TrueCar – not because we’re an investor – but because it gives you complete price transparency over what other people in your area paid for a car. I never lived beyond my means and it’s always a warning sign for me when evaluating companies and entrepreneurs.

Conference 398

Conference Technical Review Truecar Software Review 398

Berkonomics

DECEMBER 12, 2013

Investors love it when entrepreneurs draw little or no money from their startups. It extends the cash available for research and other necessary fixed costs and gives the fragile, young company more “runway” to get to breakeven. That amount is almost always higher, much higher, than the amount budgeted for the entrepreneur.

Startup 240

Startup Journal Entrepreneur Email 240

Startup Professionals Musings

FEBRUARY 7, 2020

Even though I’m a big proponent of becoming an entrepreneur, it is definitely not for everyone. In my view, entrepreneur roles need to be planned carefully rather than made on the spur of the moment. Adopt the Silicon Valley entrepreneur family model. Test your entrepreneur instincts through crowdfunding.

Sample 126

Sample Entrepreneur Ideas Startup 126

Startup Professionals Musings

FEBRUARY 27, 2023

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 intellectual property and current research. Access to entrepreneurs-in-residence, business mentors.

Entrepreneur 110

Entrepreneur Class Startup Resource 110

socalTECH

JANUARY 31, 2013

However--as one local venture investor confided--what is obvious, is that there are many entrepreneurs who are getting farther, understanding the funding game, getting beyond stage one, and hopefully--either moving their companies to the next level, or perhaps taking those lessons learned and applying it to their next startup or company.

Startup 256

Startup Commerce Santa Monica Mentor 256

Startup Professionals Musings

DECEMBER 11, 2019

He is regarded by many as the number-one authority on virtual staffing and personal outsourcing, and is himself a successful entrepreneur based in the Philippines. I was impressed with his summary of the top ten outsourcing mistakes made by entrepreneurs, followed by real guidance on how they can and should be avoided. Be flexible.

Outsource Development 121

Outsource Development Outsource Entrepreneur Summary 121

Startup Professionals Musings

MAY 31, 2020

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Is it any wonder why so few entrepreneurs ever find the professional investors they seek? Yet I’m still often approached by aspiring entrepreneurs who have neither.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Startup Professionals Musings

FEBRUARY 5, 2023

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Startup and development stage.

Entrepreneur 108

Entrepreneur Startup Ideas Satisfaction 108

Startup Professionals Musings

MAY 29, 2021

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. Product research and prototype development. Business plan assistance. Early-stage funding.

Incubator 172

Incubator Mentor Class Resource 172

Startup Professionals Musings

AUGUST 14, 2020

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Conduct your own customized market research. Modern libraries are still worth a visit.

Marketing 157

Marketing Statistics Research Report 157

Startup Professionals Musings

DECEMBER 11, 2022

After many years of working with angel investors seriously trying to find new ventures worthy of their hard-earned money, I find their frustration often exceeds that of entrepreneurs sincerely looking for financial help. They are not interested in research and development, or funding at the idea stage. Lack of intellectual property.

Entrepreneur 108

Entrepreneur Invest Funding Patents 108

InfoChachkie

JUNE 11, 2012

The primary stipulation is that each Thiel Fellow must drop out of college, for at least two years, and pursue their “entrepreneurial ventures, research and self-education.”. For many entrepreneurs, college has little appeal. Entrepreneurs are misfits. Entrepreneurs are often societal rejects.

Tips 279

Tips Startup Education Entrepreneur 279

Both Sides of the Table

JANUARY 27, 2013

I mostly like to have coverage in the tech press where most of my customers (entrepreneurs) and business partners (other VCs) are. Like it or not, if they do a bit of research and find crickets on you their perception is likely to be lessened or they’ll at least question whether you’re too early for them. Kind of obvious.

Blogging 309

Blogging Journal Press Startup 309

Both Sides of the Table

FEBRUARY 27, 2012

Then there is the EIR (entrepreneur in residence) who is usually at a VC for a temporary period of time and other individuals such as venture partners or operating partners. While this post is written about raising venture capital (which I always remind entrepreneurs IS a sales process) the lessons can be applied to any sale or biz dev deal.

Venture Capital 308

Venture Capital Sales Entrepreneur Startup 308

Berkonomics

DECEMBER 5, 2013

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. Without a trace of how the business will get that one percent, the entrepreneur confidently shows that this is all it takes to make us all rich.

Metrics 239

Metrics Startup Marketing Demand 239

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!, But it’s very easy to be flattered into “here’s why we want YOU as an investor” by entrepreneurs and earlier-stage investors alike.

Venture Capital 374

Venture Capital Invest Press Startup 374

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. This early stage is often called basic research , well before any specific commercially viable products might be envisioned. Technology pilots. Marty Zwilling.

Help 165

Help Research Startup Funding 165

Startup Professionals Musings

MAY 5, 2023

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. Only one component of running a business is managing technology, but it is a critical component, so no entrepreneur can afford to ignore it or totally delegate it.

Entrepreneur 104

Entrepreneur Technology High Tech Startup 104

TechCrunch LA

MARCH 22, 2018

Founded by Steve Poizner last year to accelerate the growth of a startup entrepreneurial ecosystem in Southern California, The Alliance is building a network of investors, entrepreneurs and universities to provide ballast in the south to the dominance of the Northern California tech industry.

Southern California 224

Southern California Dollar Shave Club SoCal Develop 224

TechCrunch LA

OCTOBER 7, 2018

Investors are pouring millions into the creation of a network of shared kitchens, storage facilities, and pickup counters that established chains and new food entrepreneurs can access to cut down on overhead and quickly spin up new concepts in fast food and casual dining.

Startup 279

Startup Los Angeles Demand Pasadena 279

socalTECH

OCTOBER 19, 2017

There's a tightness which is squeezing the lifeblood from the entrepreneurs, even as it remains an amazing place. We have every major research university in Southern California in the Alliance now, and that was extremely hard to do. There's not much of a track record of universities and research institutions working together.

Southern California 170

Southern California Venture Capital Startup Entrepreneur 170

socalTECH

APRIL 14, 2017

TriTech Small Business Development Center (SBDC), which provides consulting and training to high tech entrepreneurs, and NASA Armstrong Flight Research Center , in Edwards, California, are in a new economic development, technology transfer, and research relationship, the two announced on Thursday.

Riverside 140

Riverside Develop Development Technology 140

Both Sides of the Table

SEPTEMBER 26, 2013

A few months ago I wrote about an entrepreneur, Sam Rosen, whom we brought on as an EIR at Upfront Ventures. Now remember that Sam is an entrepreneur. They researched storage solutions and logistics. If you Can’t Make Time, MakeSpace. Today we announced our launch. Here’s the deal. I felt bad. I enquired what he was going to do.

UCSD 340

UCSD Startup Ideas Course 340

InfoChachkie

DECEMBER 8, 2014

It is common sense that entrepreneurs should cultivate friends outside of work. However, too often, entrepreneurs allow their non-work friendships to wither, as they struggle to maintain a healthy relationship with their family while nurturing their startups. A version of this article previously appeared in Forbes. Friendtorship.

Mentor 220

Mentor Study Entrepreneur Startup 220

Berkonomics

FEBRUARY 6, 2014

Creating a gerat company in a relative vacuum is an exercise in complete trust that the entrepreneur knows what’s best for the customer, perhaps even without interaction with such a customer. It’s probably happened, but not often enough to trust this method as a formula for success. And most of us are not Steve Jobs.

Company 229

Company Companies Startup Customer 229

Startup Professionals Musings

JUNE 4, 2022

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. These points may sound obvious, but the process is certainly contrary to the popular “shoot from the hip” approach that is practiced by some entrepreneurs. The team is the same. The company's market is the same.

Ideas 155

Ideas Entrepreneur Research Demand 155