Startup Professionals Musings

AUGUST 5, 2020

As an advisor to entrepreneurs, one of the most common requests I get is for an evaluation of a next startup idea. The most successful entrepreneurs focus on solving a problem that they personally have experienced, and are convinced they fully understand. Consider your access to resources for startup efforts.

Ideas 151

Ideas Entrepreneur Resource Knowledge Base 151

Startup Professionals Musings

JULY 13, 2015

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that spends resources, but creates no value or competitive advantage in the eyes of customers. My advice is to keep it simple, and do it well. In the startup world, this is often seen as a lack of focus.

Resource 105

Resource Startup Entrepreneur Training 105

Berkonomics

OCTOBER 15, 2015

Let me tell you a few short hair-raising stories of entrepreneurs who have raised money and regretted it later. Here are some rules that entrepreneurs almost always ignore to their future peril. There’s a common expectation among entrepreneurs that seed money from family is great – letting close relatives in at the ground floor.

Startup 120

Startup Invest Course Entrepreneur 120

Both Sides of the Table

DECEMBER 7, 2009

This is part of my ongoing series with Startup Advice. When I first read this post I immediately filed away in memory that there was important information to impart on entrepreneurs and led to this post. Apologies in advance if it sounds arrogant – just trying to impart some realistic advice. How to (re) intro yourself.

Startup 322

Startup Conference Email Venture Capital 322

InfoChachkie

MAY 26, 2016

Should millennial entrepreneurs go to college? If you believe the mythology surrounding the handful of entrepreneurs who did not obtain a degree, you may think that the path to entrepreneurial success is enhanced by avoiding college. I asked them to devise reasons an entrepreneur should remain in college.

Entrepreneur 150

Entrepreneur Case Study Education Seed Funding 150

Startup Professionals Musings

JULY 4, 2021

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. My advice is to keep it simple, and do it well. In the startup world, this is often seen as a lack of focus.

Startup 161

Startup Resource Training Entrepreneur 161

Startup Professionals Musings

JANUARY 8, 2018

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that spends resources, but creates no value or competitive advantage in the eyes of customers. My advice is to keep it simple, and do it well. In the startup world, this is often seen as a lack of focus.

Resource 52

Resource Training Entrepreneur Activity 52

Both Sides of the Table

FEBRUARY 4, 2010

But there are a lot of things that become norms in the VC industry that always drove me crazy from entrepreneur’s side of the table. Translation for any first time entrepreneurs can mean one of: a. As an entrepreneur you’re used to being optimistic and finding a way to make things work despite the odds. I get that.

Entrepreneur 297

Entrepreneur Startup Venture Capital Java 297

Both Sides of the Table

DECEMBER 19, 2009

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Many entrepreneurs struggle with their setbacks.

Entrepreneur 288

Entrepreneur Startup Slides Seed Funding 288

Berkonomics

MAY 13, 2021

Several years ago, I wrote a book entitled, Extending the Runway , using parallels to piloting a plane to equate to the process of creating and building a small company, making maximum use of resources to get to and beyond breakeven. The five resources boards and investors can add to a company. It is worth revisiting the most.

Resource 156

Resource Coach Activity Invest 156

socalTECH

MARCH 28, 2019

Earlier this month, the annual Montgomery Summit conference was held in Santa Monica, including a special portion of the conference dedicated to the Rise of the Female Entrepreneur. I see you were involved in the Rise of the Female Entrepreneur effort at the Montgomery Summit this year, tell me a little about what that is all about?

Capital 162

Capital Entrepreneur Invest Artificial Inteligence 162

InfoChachkie

JANUARY 25, 2018

They soon learn that they are entrepreneurs who will launch a magical venture that involves a restorative meal, a communal celebration and reassurance that better days are ahead. Every entrepreneur is faced with making something out of nothing. Dishonest entrepreneurs are unsuccessful in the long run.

Entrepreneur 153

Entrepreneur Startup Resource Ideas 153

Startup Professionals Musings

MAY 30, 2020

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. Get help with grant funding and incubator resources. Access to entrepreneurs-in-residence, business mentors.

Class 124

Class Startup Resource Mentor 124

Startup Professionals Musings

MAY 30, 2014

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that absorbs resources, but creates no value or competitive advantage in the eyes of customers. My advice is to keep it simple, and do it well. In the startup world, this is often seen as a lack of focus.

Entrepreneur 115

Entrepreneur Resource Training Product 115

Both Sides of the Table

AUGUST 20, 2013

” It is one of the easiest pieces of advice to give as it is almost always valuable if entrepreneurs follow it as a guideline. As I’m fond of saying “ The Scarecest Resource at a Startup is Management Bandwidth ” so choose wisely. Startup Advice' So ask yourself the tough questions. More precisely.

Course 368

Course Resource Social Media Design 368

Startup Professionals Musings

JUNE 1, 2019

When you have been on the startup firing line, you quickly learn that any insight from experts and entrepreneurs who have been there before you can make the difference between failure and success. Yet, many new entrepreneurs brazenly assume they are bulletproof, and march blindly into the fray. Manage growth wisely.

Entrepreneur 88

Entrepreneur Summary Activity Resource 88

Startup Professionals Musings

JUNE 5, 2023

As an investor and advisor to entrepreneurs, I see accountability, or lack of it, as an override to even the best idea. It’s not baked into our DNA, and there are many resources available to direct improvement. His advice starts with a request to stop blaming, and start asking, “What can I do to improve this situation?”

Startup 96

Startup Resource Training Tool 96

InfoChachkie

JANUARY 16, 2018

Greathouse: Your collective experiences have clearly made bootstrapping a viable option for you, more so than might be the case for a typical, younger entrepreneur who needs more direction, doesn’t have cash discipline, etc. When I was considering doing something, I reached out to Greg for advice. I’ve been there.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Startup Professionals Musings

APRIL 16, 2021

The ultimate compliment that any entrepreneur can get is that they can “see around corners.” Great entrepreneurs seem to all exhibit a common set of attributes which go well beyond the basic skills required to be an entrepreneur: “Larger than life” personality and presence. We can all point to the casualties from that approach.

Marketing 157

Marketing Design Entrepreneur Ideas 157

Startup Professionals Musings

JULY 14, 2014

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start. Join a startup incubator.

Entrepreneur 113

Entrepreneur Funding Startup Technical Review 113

Startup Professionals Musings

MAY 1, 2016

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. Get help with grant funding and incubator resources. Access to entrepreneurs-in-residence, business mentors.

Entrepreneur 55

Entrepreneur Capital Class Startup 55

Startup Professionals Musings

DECEMBER 7, 2012

The average entrepreneur is not the one who dumped a promising career, sketched his idea on the back of a napkin, and accepted millions from an investor to make billions of his own. Born to be an entrepreneur may not be enough today. Advice from investors is not worth much. Advice from investors is not worth much.

Entrepreneur 111

Entrepreneur Tips Education Ideas 111

Startup Professionals Musings

SEPTEMBER 13, 2022

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start. Join a startup incubator.

Startup 136

Startup Technical Review Equity Incubator 136

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

Berkonomics

OCTOBER 30, 2014

One of my books, Extending the Runway , uses parallels to piloting a plane to equate to the process of creating and building a small company, making maximum use of resources to get to and beyond breakeven. Use your board to help you to navigate through control over these five resources. Depending upon others Growth!'

Resource 237

Resource Product Help Equity 237

InfoChachkie

AUGUST 4, 2014

Thompson''s jaded take on the travel industry, I wondered if there was a travel company that bucked his stereotypes and properly balanced making bold destinations accessible while respecting the unspoiled resources and culture that made the locales interesting in the first place. How have you made it work?

Entrepreneur 187

Entrepreneur Startup Social Media Resource 187

Both Sides of the Table

MAY 15, 2010

I recently wrote a piece about how Entrepreneurs Should be Respected, Not Loved. The corollary to this rule is “decision by indecision.&# This is one of my favorite lines to remind entrepreneurs because it is the sort of garden variety mistake that is so common in everyday life. They begin to spend time on other options.

Startup 299

Startup Entrepreneur Resource Venture Capital 299

Startup Professionals Musings

JUNE 5, 2022

I saw these summarized clearly in a new book, “ BUILD ,” by a well-known entrepreneur and technologist from Silicon Valley, Tony Fadell. Provide tools and resources as required. Get advice before jumping to conclusions. Look for a mentor, or expert in this area, and ask their advice.

Develop 138

Develop Development Coach Satisfaction 138

Startup Professionals Musings

SEPTEMBER 12, 2020

As an investor and advisor to entrepreneurs, I see accountability, or lack of it, as an override to even the best idea. It’s not baked into our DNA, and there are many resources available to direct improvement. His advice starts with a request to stop blaming, and start asking, “What can I do to improve this situation?”

Startup 147

Startup Resource Training Tool 147

Both Sides of the Table

JULY 13, 2010

It was difficult to make the transition to a “top down&# thinker but as a senior executive – and as an entrepreneur – you’re far less effective without this skill in your arsenal. But in leadership and entrepreneurism the top-down approach will be the right solution more often than not.

Entrepreneur 372

Entrepreneur Startup Design Framework 372

Startup Professionals Musings

MARCH 6, 2022

When you have been on the startup firing line, you quickly learn that any insight from experts and entrepreneurs who have been there before you can make the difference between failure and success. Yet, many new entrepreneurs brazenly assume they are bulletproof, and march blindly into the fray. Manage growth wisely.

Summary 147

Summary Entrepreneur Activity Resource 147

Startup Professionals Musings

JULY 8, 2015

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start. Join a startup incubator.

Entrepreneur 105

Entrepreneur Startup Technical Review Equity 105

Startup Professionals Musings

FEBRUARY 15, 2023

Here are the key principles I recommend as an advisor to many entrepreneurs: Start your business in your own home. Barter services for access to required resources. Use your networking to get advice, but all jobs can be do-it-yourself. But isn’t that why you signed up to be an entrepreneur in the first place?

Equity 139

Equity Social Media Startup Summary 139

Startup Professionals Musings

AUGUST 29, 2014

Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. Survey results show that 81% of consumers now receive advice through social networking sites prior to a product purchase. business change entrepreneur social innovation startup'

Entrepreneur 100

Entrepreneur Social Media Technical Review Startup 100

Startup Professionals Musings

MARCH 1, 2014

When you have been on the startup firing line, you quickly learn that any insight from experts and entrepreneurs who have been there before you can make the difference between failure and success. Yet, many new entrepreneurs brazenly assume they are bulletproof, and march blindly into the fray. Manage growth wisely. Read and heed.

Entrepreneur 108

Entrepreneur Summary Activity Startup 108

InfoChachkie

JUNE 27, 2011

I recently answered the question “ What are good ways to raise your children to be entrepreneurs? ” I believe that you cannot teach someone to be an entrepreneur, but that you can teach entrepreneurs. More valuable, hands-on startup advice can be found in this slim volume than in the entire Harvard Business School library.

Entrepreneur 270

Entrepreneur Startup Venture Capital Resource 270

InfoChachkie

MAY 19, 2011

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. In Part II of this series, I suggest that entrepreneurs seek agreements in which “what is good for the goose is good for the gander.” Get The Cheese With Your Neck Intact.

Outsource Development 193

Outsource Development IP Technical Review Entrepreneur 193