socalTECH

DECEMBER 27, 2019

Today, we share the thoughts of Greg Monterrosa ,a startup community leader who is currently Startup Weekend organizer, facilitator, and mentor and was a former Founder of MyLLC.com and Hub101. Many jobs have been created and companies have received funding through our efforts of supporting and bringing value to founders.

Startup 196

Startup Thousand Oaks Mentor Ventura 196

TechCrunch LA

FEBRUARY 3, 2021

Beyond Southern California’s coastal appeal is a vibrant technology ecosystem that encompasses enterprise software, financial services, healthcare, aerospace and defense, robotics, ecommerce and social media. And remote work means that Los Angeles could be a fixture for more investors looking to escape the Bay.

Los Angeles 191

Los Angeles Angel Southern California Social Media 191

Startup Professionals Musings

DECEMBER 28, 2018

It’s helpful to think of startups as proceeding through several stages, which I have defined some time ago from a funding perspective. Usually these will not give you money, but will provide inexpensive expert mentoring and office services. Sometimes these will ask for 5%-15% of your equity for their support services.

Funding 94

Funding Startup Organization Incubator 94

Startup Professionals Musings

SEPTEMBER 17, 2011

Every startup mentor has his favorite list of basic strategies to avoid pitfalls, and I’m no exception. I offer these pragmatic recommendations: Buffer your funding requirements. Consider both the money you need before funding, and the size of investor funding requests. Severe cash flow problems may not be recoverable.

Mentor 100

Mentor Startup Social Network Patents 100

Startup Professionals Musings

MARCH 17, 2010

We reasonably assure that they have oil for their engines, in the form of logistical, administrative, and professional support services that reduce their risk. There is a growing fellowship of special-case start-up programs operated by closely-knit, permanent groups of angel-mentors. What’s special about these operations?

Incubator 80

Incubator Mentor Capital Startup 80

Startup Professionals Musings

AUGUST 5, 2023

They don’t realize that according to statistics from Startup.co , almost 60 percent are funded with personal savings and credit, and another 25 percent get their money from friends and family. That leaves only about fifteen percent that actually get their funding from investors, through crowdfunding, banks, angels, and venture capitalists.

Statistics 98

Statistics Entrepreneur Funding Social Media 98

Startup Professionals Musings

OCTOBER 5, 2015

Even if you work every day in the world of new-venture funding, as I do, the options are confusing, and their meanings seem to change on a regular basis. Crowdfunding is rapidly becoming the major source of funding for seed-stage startups. Business accelerator funding. Startup incubator seed funding.

Funding 104

Funding Venture Capital Startup Seed Funding 104

Startup Professionals Musings

SEPTEMBER 25, 2016

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide.

Funding 107

Funding Startup Equity Examples 107

Startup Professionals Musings

OCTOBER 12, 2020

It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. Usually these will not give you money, but will provide inexpensive expert mentoring and office services. Sometimes these will ask for 5%-15% of your equity for their support services.

Resource 171

Resource Startup Organization Incubator 171

Startup Professionals Musings

MAY 21, 2023

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide.

Startup 106

Startup Capital Equity Funding 106

Startup Professionals Musings

OCTOBER 12, 2014

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” For example, professional investors put great priority on your previous experience in building a business, and they expect to own a portion of the business equity and control for the funds they do provide.

Startup 113

Startup Entrepreneur Funding Equity 113

socalTECH

FEBRUARY 9, 2012

In recent months, a dozen accelerators and incubators have emerged in the Southern California area, looking to help take the new generation of technology startups to funding and beyond. Funding: Yes. Representative companies: Funding: No. Representative companies: Funding: Yes. Funding: Yes. Funding: Yes.

Southern California 246

Southern California Incubator Guide Startup 246

Startup Professionals Musings

SEPTEMBER 14, 2022

With the current volatile economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. Thus I’m getting more questions on new mechanisms, like crowd funding, or going public through the side door as a reverse merger. Yet reverse mergers are not all bad.

Funding 104

Funding Summary Entrepreneur Acquisition 104

InfoChachkie

AUGUST 29, 2011

The Three Enthralling Factors Of Venture Funding. Naval Ravikant, Co-Founder of AngelList and Venture Hacks, details a variety of factors that influence your chances of raising venture funding in this informative interview. If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles!

Venture Capital 233

Venture Capital Capital Funding Technical Review 233

Startup Professionals Musings

JUNE 3, 2023

Shared business support services, including telephone answering, conference rooms, teleconferencing, administrative support, and a business mailing address. Mentoring and technical assistance from volunteer or paid experts. Direct seed funding, for a share of the equity, and introductions to investors.

Organization 92

Organization Incubator Startup Resource 92

Tech Zulu Event

AUGUST 25, 2012

On August 9th, Startup Weekend San Diego and the Institute for Veterans and Military Families at Syracuse University partnered with Google to host the very first Startup Weekend focused on helping Veterans, Service Members and Military Families turn their visions into reality in creating a startup company.

San Diego 96

San Diego Startup Services Google 96

Startup Professionals Musings

MAY 14, 2023

Count on six months from beginning the funding process until a new check is cashed. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. You will make mistakes.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

Startup Professionals Musings

JANUARY 7, 2023

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. If you ask them for a reason, most will insist that they couldn’t get funding, or they ran out of money too early. It’s tempting to believe that one more new platform will win for crowd funding or video games, like Indiegogo and Wii.

Entrepreneur 125

Entrepreneur Netflix Social Media Startup 125

Startup Professionals Musings

MAY 3, 2014

With the uptick in the economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. Thus I’m getting more questions on new mechanisms, like crowd funding, and an old one long out of favor, the so-called “reverse merger.” Marty Zwilling.

Funding 98

Funding Startup Entrepreneur Summary 98

Startup Professionals Musings

APRIL 28, 2021

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. Growing too fast kills many new ventures, due to staffing costs, inventory, and funding delays.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

socalTECH

JANUARY 7, 2019

With Startup Boost, we had dozens of investors, service providers, successful entrepreneurs, and major industry leaders (including Microsoft, Google, Softbank, REME, and TechStars) coalesce around our initiative to help early stage companies get to the next level. What was the biggest lesson you learned this year?

Technical Review 157

Technical Review Software Review Startup Coach 157

Startup Professionals Musings

SEPTEMBER 11, 2020

Shared business support services, including telephone answering, conference rooms, teleconferencing, administrative support, and a business mailing address. Mentoring and technical assistance from volunteer or paid experts. Direct seed funding, for a share of the equity, and introductions to investors.

Resource 159

Resource Startup Incubator Seed Funding 159

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. Investors expect this step to be proven successful before funding.

Ideas 145

Ideas Startup Case Study Writing 145

SoCal Tech Calendar

NOVEMBER 1, 2012

Ken will present break though strategies in business planning, staffing and funding?powerful powerful support services you can use at little or no cost?ways ways to discover opportunities though mentors and advisors. His organization helped create 67,098 new jobs in 2011. See [link] (more)

Technology Council 113

Technology Council Mentor Organization Funding 113

socalTECH

JUNE 6, 2011

Those programs--epitomized by YCombinator in the Bay Area, and TechStars in Boulder, Colorado--attract newly minted entrepreneurs with a mixture of cash and mentoring, and a program which rapidly takes ideas and turns them into viable, executing businesses. Those mentors are not just Bruce and I, although we are full time on this.

Startup 221

Startup Mentor Southern California Incubator 221

socalTECH

JANUARY 7, 2016

The real unique part of this program, which I'm excited about, is the marriage between the mentoring that a company could receive from both those with an entrepreneurial startup background of Techstars, and the deep, vertical knowledge of clinicians or healthcare administrators, who have been doing healthcare work for a while.

Mentor 100

Mentor Startup Coach Ideas 100

socalTECH

JANUARY 7, 2016

The real unique part of this program, which I'm excited about, is the marriage between the mentoring that a company could receive from both those with an entrepreneurial startup background of Techstars, and the deep, vertical knowledge of clinicians or healthcare administrators, who have been doing healthcare work for a while.

Mentor 100

Mentor Startup Coach Ideas 100

Startup Professionals Musings

OCTOBER 4, 2023

Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait. Startups funded by rich uncles rarely think about productivity. Rethink or reframe the challenge.

Resource 112

Resource Ideas Competition Entrepreneur 112

socalTECH

JANUARY 16, 2013

The accelerator said that the demo day is a culmination of its latest three month program, which included ten new companies in mentoring, collaboration, funding, and access to its network of investors and entrepreneurs.

Class 159

Class Startup Incubator Los Angeles 159

socalTECH

SEPTEMBER 21, 2010

According to Koffler and Morris, the new group--which also includes a network of other members--is hoping to help bridge the gap between research projects, technology, and inventors and commercially viable companies, by connecting researchers with mentors, CEOs, and other resources.

Research 164

Research Tech Coast Angels Company Companies 164

Startup Professionals Musings

APRIL 14, 2023

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Yet if you already have some early adopters, that's a good indication that real marketing and education will likely bring your product or service mass acceptance.

Startup 135

Startup Entrepreneur Statistics Course 135

Startup Professionals Musings

SEPTEMBER 22, 2022

For example, many investors I know tell me they look for business plans that allocate the largest portion of a requested investment to marketing, but most often see the top “ use of funds ” to be further product or service development. Of course, you can’t possibly brand yourself if you don’t know who you really are.

Marketing 133

Marketing Customer Custom Outsource Development 133

Startup Professionals Musings

NOVEMBER 2, 2022

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Even non-profits need revenue to cover their costs, and continue to provide services. Build your business with minimum outside funding.

Resource 121

Resource Metrics Entrepreneur Customer 121

Startup Professionals Musings

JUNE 25, 2021

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. There are lots of resources available for that question, including the Internet and mentors like me. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

socalTECH

APRIL 10, 2018

Most of our mentors are people who have been successful entrepreneurs and investors, who have been there, and understand how to get a company to the next sage. other companies, which are already off and running are ready for aceclerators and seed funding. We want teams willing to take advice from mentors. That was Startup Next.

Startup 172

Startup Seed Funding Mentor Ideas 172

Startup Professionals Musings

DECEMBER 8, 2019

With the current strong economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. Thus I’m getting more questions on new mechanisms, like crowd funding, or going public through the side door as a reverse merger. Yet reverse mergers are not all bad.

Summary 121

Summary Startup Entrepreneur Funding 121

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. These sites often sponsor pitch contests with small cash prizes for funding, as well as other valuable services to support entrepreneurs.

Entrepreneur 129

Entrepreneur Outsource Development Satisfaction Equity 129