Startup Professionals Musings

OCTOBER 6, 2023

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. If everyone has a different view of reality, you have no reality. Make sure all business processes are documented and integrated.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Startup Professionals Musings

MAY 8, 2022

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Startup 130

Startup USC Entrepreneur Statistics 130

Startup Professionals Musings

FEBRUARY 29, 2020

One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. Most entrepreneurs never forget for a moment that having investors means owing money, even if they can legally argue that equity is not debt.

Startup 124

Startup Satisfaction Venture Capital Entrepreneur 124

Startup Professionals Musings

DECEMBER 12, 2021

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. There are many ‘experts’ out there telling you how to do it, or even offering their services. Social media is the realm of public opinion and customer conversations.

Social Media 127

Social Media Media Metrics Satisfaction 127

Startup Professionals Musings

MAY 16, 2020

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). Overcoming obstacles and learning is one of the biggest inspiration for most entrepreneurs. Celebrate the ability to pay yourself a salary.

Satisfaction 174

Satisfaction Customer Custom Outsource 174

Startup Professionals Musings

JANUARY 24, 2021

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. If everyone has a different view of reality, you have no reality. Make sure all business processes are documented and integrated.

Technical Review 151

Technical Review Startup Satisfaction Invest 151

Startup Professionals Musings

OCTOBER 16, 2022

One of the biggest myths in the business world is that startups are no place for Baby Boomers, that aging generation born between 1945 and 1964. Today people over 55 are almost twice as likely to create successful startups as Gen-Y, age 20 to 34. Yet credible reports on current trends tell us just the opposite. Manage customer service.

Technical Review 147

Technical Review Software Review Entrepreneur Report 147

Startup Professionals Musings

JULY 14, 2023

As the business economy is rebounding from the pandemic, many entrepreneurs are thinking that life will soon get easier, and their opportunity can only grow. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry.

Competition 88

Competition Startup Framework Pricing 88

Startup Professionals Musings

NOVEMBER 6, 2020

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. If your passion is customers, you definitely will be happier as a lifestyle entrepreneur.

Statistics 124

Statistics Equity Satisfaction Entrepreneur 124

Startup Professionals Musings

JANUARY 20, 2020

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return. Product pre-order model. Donation good-cause model.

Entrepreneur 129

Entrepreneur Outsource Development Satisfaction Equity 129

Startup Professionals Musings

OCTOBER 24, 2020

As the business economy is expected to rebound from the pandemic, many entrepreneurs are thinking that life will soon get easier, and their opportunity can only grow. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry.

Competition 151

Competition Startup Framework Pricing 151

Startup Professionals Musings

JANUARY 18, 2020

One of the biggest myths in the business world is that startups are no place for Baby Boomers, that aging generation born between 1945 and 1964. Today people over 55 are almost twice as likely to create successful startups as Gen-Y, age 20 to 34. Yet credible reports on current trends tell us just the opposite. Manage customer service.

Startup 124

Startup Technical Review Software Review Entrepreneur 124

socalTECH

AUGUST 6, 2019

Ian Chen is the co-founder and CEO of Discotech , a startup that offers up bottle service booking, discounted tickets and more to clubs and nightspots. Ian Chen: In my previous life, I was working in private equity in LA. How are you funded? What has been the hardest part of a startup?

Startup 113

Startup Equity Customer Custom 113

Startup Professionals Musings

MAY 25, 2022

Business partners can be co-founders in a startup, multiple owners of an existing business, or a joint venture. In every case, a partner can be an asset, bringing new skills and perspectives to the business; or a burden, making every decision more difficult, and taxing your lifestyle satisfaction.

Technical Review 125

Technical Review Satisfaction Summary Startup 125

Startup Professionals Musings

DECEMBER 15, 2014

I’ve always wondered who started the urban myth that the best way to start a company is to come up with a great idea, and then find some professional investors to give you a pot of money to build a company. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding.

Startup 110

Startup Entrepreneur Satisfaction Legalzoom 110

Startup Professionals Musings

AUGUST 10, 2019

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Startup 97

Startup USC Entrepreneur Statistics 97

Startup Professionals Musings

JUNE 28, 2013

I’ve always wondered who started the urban myth that the best way to start a company is to come up with a great idea, and then find some professional investors to give you a pot of money to build a company. Eighty percent of new entrepreneurs used this approach, with only six percent using investor funding.

Startup 105

Startup Satisfaction Entrepreneur Legalzoom 105

Startup Professionals Musings

JULY 31, 2022

As the business owner, you need to have a higher level purpose (beyond making money), and be willing and able to continually clarify and communicate this to your team and your customers. If you are at the funding stage, try the new crowd-funding platforms or micro-capital investments. Shared knowledge packaging (shareability).

Organization 126

Organization Social Media Examples Customer 126

Startup Professionals Musings

JANUARY 17, 2015

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. If everyone has a different view of reality, you have no reality. Make sure all business processes are documented and integrated.

Technical Review 108

Technical Review Startup Satisfaction Entrepreneur 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. If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles!

Entrepreneur 270

Entrepreneur Startup Venture Capital Resource 270

Startup Professionals Musings

JULY 3, 2015

The visibility of Google, Facebook and a few others continues to propagate the myth that the ultimate objective of every entrepreneur should be to take their startups public via an initial public offering at the earliest opportunity. Facebook, for example, ended up raising almost $16 billion through its IPO.

Entrepreneur 98

Entrepreneur Startup Report Statistics 98

Startup Professionals Musings

OCTOBER 23, 2017

As an advisor to startups, and a mentor to many aspiring entrepreneurs, I’m still surprised at the number who are determined to go it alone. Helpers do what you say, while people smarter than you in their domain do what you need, without any attention from you. That’s a win-win for both partners.

Help 66

Help Startup Course Technical Review 66

Startup Professionals Musings

APRIL 2, 2016

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). Overcoming obstacles and learning is one of the biggest inspiration for most entrepreneurs. Celebrate the ability to pay yourself a salary.

Satisfaction 61

Satisfaction Startup Customer Custom 61

Startup Professionals Musings

FEBRUARY 21, 2015

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. In fact, perhaps the most important model, equity crowdfunding for non-accredited investors, is still not legal in the U.S., Product pre-order model.

Venture Capital 108

Venture Capital Angel Satisfaction Equity 108

socalTECH

FEBRUARY 10, 2017

accelerator--which only inspired him to keep working on making his startup a reality and go from just an idea, to a real company. The company, which started in 2014, now has over 40 employees. What are you working on? How did you get into this? Mike Whitmire: We've built something called close management software.

Startup 124

Startup Cornerstone OnDemand Software Review Woodland Hills 124

Startup Professionals Musings

JANUARY 16, 2015

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). Overcoming obstacles and learning is one of the biggest inspiration for most entrepreneurs. Celebrate the ability to pay yourself a salary.

Satisfaction 101

Satisfaction Entrepreneur Customer Custom 101

Startup Professionals Musings

JUNE 8, 2016

One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. Most entrepreneurs never forget for a moment that having investors means owing money, even if they can legally argue that equity is not debt.

Funding 57

Funding Startup Satisfaction Entrepreneur 57

Startup Professionals Musings

JULY 19, 2013

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Startup 98

Startup Entrepreneur Statistics Equity 98

Startup Professionals Musings

MARCH 9, 2019

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. There are many ‘experts’ out there telling you how to do it, or even offering their services. Social media is the realm of public opinion and customer conversations.

Social Media 98

Social Media Media Metrics Satisfaction 98

InfoChachkie

OCTOBER 24, 2011

There has recently been a common theme among the entrepreneurs I have interviewed and the conferences I have attended: despite the relatively weak state of the world economy, now is a great time to create a high-tech startup. As Guy Kawasaki pointed out in our recent conversation , “…it is cheaper than ever to start a company.

Company 257

Company Companies Startup Study 257

Startup Professionals Musings

MAY 24, 2013

As the business economy rebounds, many entrepreneurs are thinking that life will soon get easier, and their opportunity can only grow. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Way back in 1979, Michael E.

Startup 80

Startup Framework Competition Pricing 80

Startup Professionals Musings

APRIL 22, 2015

As the business owner, you need to have a higher level purpose (beyond making money), and be willing and able to continually clarify and communicate this to your team and your customers. If you are at the funding stage, try the new crowd-funding platforms or micro-capital investments. Shared risks (open capital).

Startup 99

Startup Organization Social Media Customer 99

InfoChachkie

JANUARY 16, 2018

I have been watching ProductPlan for several years, as the founders are both friends and pillars of the Santa Barbara Startup Community. Greathouse: We’ve known each other for a long time but let’s start with the basics for my readers. but what type of friction are you referencing here? Semick: They are. It’s chaotic.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Startup Professionals Musings

SEPTEMBER 23, 2013

The new hot topic for entrepreneurs the last couple of years is crowd funding, which is anticipated to at least supplement, if not replace, the slow and mysterious process of current Angel and venture capital investors. It has had some notable successes for entrepreneurs (over $1M in funding), as well as non-starters.

Funding 99

Funding Satisfaction Sites Outsource Development 99

Startup Professionals Musings

JUNE 2, 2011

By John Williams Fast Company magazine recently reported that PayPal founder Paul Thiel is giving away $100,000 to twenty-four young men and women to finance startup businesses. The caveat is that these young entrepreneurs have to drop out of college to do it. You get to call the shots. Having no money can help you plan.

Startup 92

Startup Capital Blogging Ideas 92

Startup Professionals Musings

DECEMBER 14, 2014

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Entrepreneur 107

Entrepreneur Statistics Equity Satisfaction 107

Startup Professionals Musings

APRIL 26, 2012

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. There are many ‘experts’ out there telling you how to do it, or even offering their services. Social media is the realm of public opinion and customer conversations.

Social Media 98

Social Media Metrics Media Startup 98