The seven attributes of a highly successful start–up CEO

Berkonomics

Dave’s note: This week we welcome guest author, David Friedman, to tell us about his favorite startup CEO, and his take after interviewing her – asking for her list of attributes for startup success. . Seven attributes of a highly successful start-up CEO.

Most Common Early Start-up Mistakes

Both Sides of the Table

This is part of my ongoing series “ Start-up Lessons. &# If you want to subscribe to my RSS feed please click here or to get my blog by email click here. Imagine you pour 5 years of your life into your next gig and it starts to become successful. Many times the answer is ‘no.&# The problem is that you’re opening yourself up to a claim by one of these people that you somehow stole their ideas. Starting with 25% is even harder.

Start-ups are all Naked in the Mirror

Both Sides of the Table

This is part of my ongoing series Startup Lessons. I started my first company in 1999 in London at the height of the dot com craze. It didn’t add up to me. Bad morale is the enemy of any company let alone a start up.&#. Because I had started reaching out to competitor CEO’s. Good PR can help slow down your competitors initiatives as they naively try to follow you. They then start to think sinister thoughts.

Financing a Start-Up

Tech Coast Venture Network

Virgina Lorimor There are several options for financing a start-up business that tend to follow a natural course in a business’ development: Personal Investment. This is where all entrepreneurs have to start. Once you have some skin in the game, if you personally can’t get to some level of revenues in the business, or at a minimum, pre-sales or letters of intent, then on to round two – asking family and friends for help.

Austin Start-up MailLift Joins 500 Startups

Tech Zulu Event

I met fellow hustler Brian Curliss about 2 years ago at a Startup Weekend event that I was covering. It came as no surprise whatsoever when I found out that his new company MailLift was called up to the big leagues to join the 500 Startups accelerator.

The best advice startups will never follow

Berkonomics

Email readers, continue here…] Don’t take money, especially start-up loans, from unsophisticated investors. I was a co-lender and assumed the chairmanship of a young startup where the entrepreneur’s cousin also loaned money under the same terms.

After 20 years: Updating the Berkus Method of valuation

Berkonomics

There is a universal truth: fewer than one in a thousand start-ups meet or exceed their projected revenues in the periods planned. I should have done more about this subtle interpretation when first seeing this, and will attempt to make up for that now. Well, it had to happen.

Which is more important: Management quality or a better plan?

Berkonomics

If you read last week’s analysis of statistics for startups and early stage businesses, you have learned the truth that at least half of the businesses backed by professional early stage investors will die within three years or less. Starting up Surrounding yourself with talent

Wearable World Labs Partners With Technicolor to Accelerate Wearable Tech & IOT Start­ups

Tech Zulu Event

This partnership will bring one of the most influential media companies together with today’s most promising emerging startups in the Wearable Technology and Internet of Things (IOT) space.

Are MBAs Necessary for Start-ups or VC?

Both Sides of the Table

This is part of my ongoing series called “ Start-up Lessons.&#. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. Like Chris Dixon I grew up programing.

Most Startups Should be Deer Hunters

Both Sides of the Table

This post is part of my series “ Startup Lessons &#. Elephants, Deer and Rabbits – Some thoughts on start-up segmentation. I know that this advice won’t apply to every possible startup – but I think it applies to many.

Helping Startups Understand Salespeople & the Sales Culture

Both Sides of the Table

Most technology startups seem to be funded by product people or business people. My first startup was no different. This is why I tell startups that most seasoned sales execs aren’t right for startups. Here’s what I learned in running my first startup.

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Who Should you Hire at a Startup?

Both Sides of the Table

This is part of my ongoing posts on Startup Advice. There are people who tell startups that they should hire the most senior people that they can find. Bringing in a senior person who’s “done it all before&# is often a mistake in a startup.

Running More Effective Board Meetings at Startups

Both Sides of the Table

We started with our financial statements. So I changed things up and became much happier with my results. But they were in a slide and people asked you questions so it ended up chewing up 30 minutes. Harder to do that when you have an 8am start.

Should Your Startup Give Performance-Based Warrants?

Both Sides of the Table

This is part of my ongoing series on Startup Advice. As startup entrepreneurs we all want to work with them because having their name as reference clients makes it so much easier for marketing, PR, selling to other customers, fund raising and even recruiting.

Startups and VCs Should Avoid “Pier” Funding

Both Sides of the Table

Often when startups who have raised venture capital need another round of financing they will turn to their existing investors to give them money before raising from outsiders. It starts as a debt instrument (e.g. And it adds up.

Should Your Startup Have an Advisory Board?

Both Sides of the Table

This is part of my ongoing series Startup Advice. Many startup companies hire advisory boards. If you plan to set one up – no problem. come out of the gate strong and never let up) then you might get some attention. So you set up advisory meetings.

How to Improve Hiring at Startups

Both Sides of the Table

This is part of my ongoing series with Startup Advice. BEFORE YOU START. Example: Work Experience can be broken down into: has managed a team, has led direct sales efforts, has worked for a startup before, etc. I usually say right before I start interviewing (e.g.

The Fallacy of Channels: Startups Beware

Both Sides of the Table

This is part of my ongoing series on startup advice but also filed under my sales & marketing posts. No advice I give will ever apply to 100% of companies, 100% of startups or even 100% of tech startups. So Should I Avoid Channels at all Costs When I’m a Startup?

Startup Founders Should Flip Burgers

Both Sides of the Table

This is part of my ongoing series Startup Advice. When you’re an early-stage startup that hasn’t raised any institutional money you end up doing almost every job function of the company yourself. We had to ramp up our team quickly and ramp we did.

People Management: Startup Teams Should Dip but not Skip

Both Sides of the Table

We all like to think of startups as “non hierarchic&# organizations and to some extent that should be true. I see two common mistakes in companies (not just in startups, in fact). Let information flow up but direct your staff and execute through hierarchy.

How to Work with Lawyers at a Startup

Both Sides of the Table

If you’re a startup and you don’t have a close relationship with a few law firms you’re really missing one of the most important relationships that any entrepreneur can have. Many people start companies arse backwards.

Silicon Beach Start-Ups Venice

Tech.Co

Silicon Beach Start-Ups was formed to get together like minded people involved in tech start-ups on the West Side of Los Angeles. The founders run a start-up making and marketing mobile applications out of their offices in Santa Monica. This group is for entrepreneurial types to get together share their victories, defeats and help each other out generally

Popbase helps YouTube stars build closer relationships with their fans

TechCrunch LA

A new startup is seizing on an opportunity to help up-and-coming online entertainers take a leaf out of that book and grow their relationships with fans. The startup has raised around $145,000 to date, and it is targeting a total pre-seed round of $500,000.

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I Want My CIC! … The Benefits for Startups to Be Co-Located

Both Sides of the Table

I recently wrote a blog post about why I believe that startup teams in close proximity perform better. I guess I shouldn’t be surprised – I got a similar lukewarm reaction when we started Launchpad LA and that seems to be going pretty well.

Uppercase raises $3.5M to help e-tailers open brick-and-mortar stores

TechCrunch LA

To help the next generation of digitally native stores expand into the physical world, Uppercase , formerly known as thisopenspace, is launching out of stealth with $3.5 Men’s retailer Frank & Oak, which picked up a $16 million Series C this year, is a great example of that trend.

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LawKick: A Modern Way To Find Legal Help

socalTECH

But, how do you start? The old way was difficult, time consuming, and often expensive; referrals, calling up lawyers, going through initial consultations. We spoke with Michael Chasin, the company''s co-founder, about the startup. So you''re up and running with transactions?

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Start-up Advisors

SoCal CTO

On the flip side, as a person who regularly advises early stage start-ups, I often have a hard time finding interesting start-ups. I've recently begun a round table that I'm hoping will help in a small way, but even there it's going to barely scratch the surface. Actually, the friction is even higher trying to find a partner for a start-up. eHarmony for start-up / advisor relationships

UberAIR to take flight with help from UT Austin and U.S. Army Research Labs

TechCrunch LA

To achieve that, Uber has set up some rigorous specifications for its vehicle and the traffic management system used to operate uberAIR, developed in conjunction with several aircraft manufacturers and the National Aeronautics and Space Administration.

Don’t be a Grin Fucker

Both Sides of the Table

I grew up in the US but lived in England for so long I can never remember from which country my slang comes. But then I started to see it happening internally. So we (and by we I mean “they&# ) at Accenture decided to come up with our own bull shit. All startups are hard.

myRight Helps Answer Legal Questions, Online

socalTECH

A new, Los Angeles startup, myRight , is hoping to help users with some basic legal questions, through a new service geared around asking users questions-and-answers about their legal questions. The startup, part of the StartEngine accelerator, asks users a series of questions around different topics -- things like security deposits, wills, gun control -- helping users to learn more about different topics, and also referring them to more detailed information sources and lawyers.

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The Power of “In Person” – Why Distributed Teams are Less Effective

Both Sides of the Table

In the era of Skype, web conferencing tools and collaboration software conventional wisdom says that distributed startup teams can be just as effective as those that are in person. There reality is that a certain magic that happens when you’re in person is critical in a startup.

Want to Know the Difference Between a CTO and a VP Engineering?

Both Sides of the Table

I recently did a post for startups on understanding sales people. A few people have asked me to try and define the perfect startup organization chart. But I do have more insight into understanding your startup team. Let’s start with the basics.

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The Right Way to Cancel a Meeting

Both Sides of the Table

I always try my best to take meetings like this since my friend had clearly committed some political capital to his friend in saying he could help him get a meeting. And that’s why he stood me up! The day before - This starts to get problematic.

How to Not Suck at a Group Presentation

Both Sides of the Table

Francisco Dao came up with the idea of letting 10 companies that weren’t selected for Twiistup to do a presentation the night before to a group of people and let the audience pick one company to win the final slot at Twiistup. Stories have starts, middles and ends.