Startup Professionals Musings

NOVEMBER 22, 2020

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. There is a good chance that business advisors and mentors also have access to investment capital, or know someone who does.

Funding 173

Funding Tips Startup Statistics 173

Startup Professionals Musings

AUGUST 6, 2023

According to more recent statistics , fewer than a third of all crowdfunding operations end up being successful, and the rest have to return anything they do collect. Board seats can’t be negotiated, and even informal mentoring in decision and governance processes is unlikely. But don’t be misled – these are just the cream of the crop.

Equity 80

Equity Platform Entrepreneur Statistics 80

Berkonomics

JUNE 22, 2012

I have a friend in the music business who worked hard to gain introductions to, and become mentored by, several known names in the business. One well known informal mentor called him the “Stevie Wonder of Hip Hop.” Back your story up with a statistic if possible.

Mentor 136

Mentor Statistics Press Entertainment 136

Startup Professionals Musings

NOVEMBER 13, 2020

Many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. It’s time to get the help you need. Statistics have shown that only three percent of the population have well-defined, clear written goals.

Ideas 121

Ideas Writing Startup Entrepreneur 121

Tech.Co

JANUARY 10, 2018

Natalie Kaminski, CEO and cofounder of goBaby.co , an on-demand rental marketplace for baby gear that helps reduce stress of traveling with little kids, is hyper-focused on gaining the trust of mothers. Mentors help fill in the gaps and can serve to give you a holistic or landscape view of your industry. Spending Power.

Tips 71

Tips Customer Custom Dollar Shave Club 71

Startup Professionals Musings

JULY 18, 2020

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. Either could improve the statistic that half of startups fail within the first five years. Or maybe it’s time to scale back and focus more on organic growth.

Entrepreneur 121

Entrepreneur Startup Statistics Course 121

Startup Professionals Musings

MAY 6, 2020

For example, Lyft and Uber were able to capitalize on the current ride-sharing trend worldwide by tracking statistics that indicated reduced interest in car ownership by millennials, lack of parking spaces, and auto ownership costs moving up rapidly. As Andy Grove famously wrote, “Only the paranoid survive.”

Startup 124

Startup Customer Custom Statistics 124

Startup Professionals Musings

NOVEMBER 15, 2019

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Data helps avoid predetermined (and often erroneous) approaches to solving your people problems.

Metrics 98

Metrics Tool Statistics Entrepreneur 98

Startup Professionals Musings

OCTOBER 5, 2015

Remember, you have only one chance to make a great first impression, so it helps to know the lingo when dealing with investors. According to recent statistics , there are already over 500 website crowdfunding platforms, such as Kickstarter , available; and over $5 billion was raised this way last year. Business accelerator funding.

Funding 104

Funding Venture Capital Startup Seed Funding 104

Startup Professionals Musings

DECEMBER 14, 2016

Too many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. It’s time to get the help you need. Statistics have shown that only three percent of the population have well-defined, clear written goals.

Writing 100

Writing Ideas Startup Entrepreneur 100

Startup Professionals Musings

JUNE 3, 2016

According to recent statistics from the International Business Innovation Association ( InBIA ), there are about 7,000 business incubators and accelerators worldwide, with over 90 percent being non-profit and focused on incubator programs for community economic development. Direction, mentoring and resources required.

Incubator 58

Incubator Startup Seed Funding Equity 58

Startup Professionals Musings

JUNE 5, 2014

Speaking gigs help establish your expertise. It’s amazing how much more you can learn face-to-face, compared to an analysis of aging statistics alone. Mentoring and shared advisory board opportunities. We all need help from time to time, and some fresh inspiration. Trade show and conference participation.

Startup 100

Startup Tips Mentor Conference 100

socalTECH

APRIL 11, 2013

There are now a large number of online, peer-to-peer marketplaces which all aim at one thing; helping connecting people with others, so that they can offer their services or goods (a room for rent, a ride, a vacation timeshare, a dog sitter, etc.) I said I would help him, and we parlayed that into the thesis behind the company.

Startup 260

Startup Education Study Ideas 260

Startup Professionals Musings

DECEMBER 10, 2017

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Data helps avoid predetermined (and often erroneous) approaches to solving your people problems.

Tool 53

Tool Entrepreneur Statistics Metrics 53

Startup Professionals Musings

AUGUST 15, 2018

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. Either could improve the statistic that half of startups fail within the first five years. Or maybe it’s time to scale back and focus more on organic growth.

Startup 56

Startup Entrepreneur Statistics Course 56

Startup Professionals Musings

MAY 10, 2014

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. Either could improve the statistic that most startups fail within the first five years. Or maybe it’s time to scale back and focus more on organic growth.

Startup 110

Startup Entrepreneur Statistics Course 110

Startup Professionals Musings

MAY 13, 2016

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. There is a good chance that business advisors and mentors also have access to investment capital, or know someone who does.

Startup 61

Startup Entrepreneur Statistics Funding 61

Startup Professionals Musings

AUGUST 3, 2016

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. Either could improve the statistic that most startups fail within the first five years. Or maybe it’s time to scale back and focus more on organic growth.

Startup 58

Startup Entrepreneur Statistics Course 58

Startup Professionals Musings

MAY 20, 2016

According to statistics , between 69 and 89 percent of projects, depending on the platform, do not meet their monetary goal and have to return anything they do collect. At least ten online portals are already gearing up to help regular people buy startup equity, without abiding by accredited investor rules. Risk is increased.

Equity 54

Equity Platform Entrepreneur Demand 54

Startup Professionals Musings

OCTOBER 26, 2010

In case you think that all of these are employed by big companies, listen to these statistics: According to an article in U.S. How can you beat finding someone who has been there and done that, able to mentor Gen-Y, has lots of connections to people in your industry, and is often willing to work for equity alone? Advisory Board.

Mentor 75

Mentor Statistics High Tech Demand 75