7 Ways Every Entrepreneur Should Evaluate A New Idea

Startup Professionals Musings

As an advisor to entrepreneurs, one of the most common requests I get is for an evaluation of a next startup idea. The right person can make any idea a business success, and the wrong one will always struggle. Maybe you need to start with a smaller idea.

Ideas 98

Startup Mentors

SoCal CTO

Do you have any suggestions for how to find a good mentor? Great question and I believe that just like finding a Technical Advisor for your startup is critical, finding a good mentor is critical. Mentor vs. Advisor Generally when I talk about startup mentors and advisors, I distinguish them in terms of: Mentor focus is You: The marketing person above is looking for someone to help them with their personal challenge. The same is true of your advisors and mentors.

Mentor 223

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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

One thing I have learned the hard way in business is that implementing new ideas is usually much more difficult than conceiving the idea in the first place. That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person.

Ideas 113

7 Barriers To Understanding Your Mentor Communication

Startup Professionals Musings

Most business mentors tell me that the single biggest problem they have to deal with in small companies is the lack of open, honest, and effective communication, both from the top down and from the bottom up. business communication Derek Torrington mentor understanding

5 Reasons Every Smart Business Owner Seeks A Mentor

Startup Professionals Musings

As a long-time mentor and business advisor, I find it ironic that many look only to friends for advice. They forget that friends tell you what you want to hear, while good mentors tell you what you need to hear. Also don’t confuse a business mentor with a business coach.

7 Keys To Teaming With The Right Mentor For Success

Startup Professionals Musings

Why is it that only the most successful entrepreneurs , including Mark Zuckerberg, Bill Gates, and Richard Branson, admit to having a mentor and actually use them? Here are my guidelines on how to make that happen: Identify specific issues and goals where you need mentoring.

Leadership Is From Experience, Mentoring and Failure

Startup Professionals Musings

These entrepreneurs know instinctively what needs to be done, but they may have no idea how to get it done through others. Some will argue that people leadership is a skill you have to be born with, but I’m convinced that it can be learned from experience, mentoring, and failures.

Startup Leaders Today Mentor More Than Dictate

Startup Professionals Musings

The servant leader serves the people they lead through mentoring, direct assistance, listening, and acting on their employees input. Do others on your team communicate their ideas and vision for the organization when you are around? Startups provide leadership in the market.

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8 Disciplines for Transforming Ideas Into Businesses

Startup Professionals Musings

Entrepreneurs are people who dream up new ideas, and then commercialize them into new businesses. Most people believe that the hard part is coming up with the idea, and the easy part is turning it into a business. business entrepreneur idea transformation

Ideas 91

7 Keys to Finding the Right Startup Mentor for You

Startup Professionals Musings

I’m a big fan of mentoring in business, and have been at different times on both the contributing and receiving end of the process. These days, I seem to often hear from entrepreneurs who are struggling to find a mentor, or complaining about their lack of effectiveness.

Mentor 105

Mentor Secrets for Keeping Your Startup Alive

Startup Professionals Musings

Every startup mentor has his favorite list of basic strategies to avoid pitfalls, and I’m no exception. entrepreneur mentor secrets funding founder mistakes businessBehind most great startup success stories is a long list of mistakes!

Mentor 103

6 Steps To Convert An Idea To A Sustainable Business

Startup Professionals Musings

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business.

Ideas 111

9 Sources Of Inspiration To Make Your Idea A Winner

Startup Professionals Musings

Ideas are a dime a dozen, but the inspiration to drive a great business is a lot harder to find. As a mentor to many aspiring entrepreneurs, I often get asked for next sure-fire idea. Look inside yourself for inspiration and ideas, rather than asking me or anyone else.

Ideas 79

Five Ways a Business Mentor is More Than a Friend

Startup Professionals Musings

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach.

Mentor 106

5 Reasons a Startup Mentor Need Not Be Your Friend

Startup Professionals Musings

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach.

Don’t Ask a Best Friend to be Your Startup Mentor

Startup Professionals Musings

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach.

Mentor 101

How to Make a Business Mentoring Relationship Work

Startup Professionals Musings

I’m a big fan of mentoring in business, and have been at different times on both the contributing and receiving end of the process. These days, I seem to often hear from entrepreneurs who are struggling to find a mentor, or complaining about their lack of effectiveness.

Why Most People Fail To Cash In On Their Dream Idea

Startup Professionals Musings

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business.

Ideas 114

Competition Dangles $200K To Students With Clean Technology Ideas

socalTECH

A new competition--part of the Startup America effort launched by the Obama Administration, and spearheaded locally by Caltech, USC, and UCLA--said today that it is looking to award $200,000 in prize money to university students with clean energy business ideas. cleantech clean energy idea education startup student greentech green ongreen flow

Ideas 149

A Good Friend Doesn’t Make a Good Mentor

Startup Professionals Musings

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach.

Why Mentors Are Needed To Spark Future Entrepreneurs

Startup Professionals Musings

As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. Face-to-face mentoring generates more inspiration.

7 Lessons From A Long-Time Mentor On Value And Impact

Startup Professionals Musings

Image via Flickr by World Economic Forum As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world.

Huddlewoo Wants To Connect You To Mentors You Admire Through Online Video

Tech Zulu Event

Huddlewoo a live video platform set to launch early 2013 to give people the ability to access extraordinary people for one-on-one conversations and mentoring. This challenge grew into the idea that became Huddlewoo. Based in Columbus, Ohio and community management in Washington, D.C,

6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

As a new business advisor and occasional investor, I get approached regularly by people who have a dream or a new business idea, and are looking for support and money to make it a reality. Just because you think it’s a great idea doesn’t mean there is a business opportunity.

8 Friends Who Mean Well But Never Start New Ventures

Startup Professionals Musings

Every entrepreneur I know is dismayed by the number of friends who approach them with a line such as “I have an even better idea that will change the world, and one of these days I’m going to get around to starting my own business.” friends ideas vs execution new venture

Interview Dan Dato and Bruce Brown, Upstart.LA

socalTECH

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. Do you have mentors lined up?

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5 Strategies For Building Winning People Connections

Startup Professionals Musings

In the entrepreneur world, it’s still a popular misconception that the “idea” is everything. Bill Gates , for example, shared a common curiosity and mentoring relationship with Warren Buffet, although their business domains were quite different.

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7 Tips For Building The Right People Relationships

Startup Professionals Musings

In my role as a mentor to business professionals and entrepreneurs over the years, I have found that it’s important to take a hard look at the relationships around you on a regular basis. But, like most other skills, you can learn from these priorities: Everyone benefits from active mentoring.

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7 Keys To Success With An Employee Ownership Culture

Startup Professionals Musings

One of the lessons I have learned over the years as a business executive, and now as a mentor to entrepreneurs, is that if you really want employees who enthusiastically take ownership of their work, you have to start treating them like owners, not renters.

Coach 106

7 Ways To Test Your Potential For Starting A Business

Best Practices Construction Law

As a mentor to aspiring entrepreneurs, the most common question I get is, “I want to be an entrepreneur -- how do I start?” The obvious answer is that you need an idea first, but I’ve come to realize that the process is really much more complex than that.

Ideas 124

Silicon Beach Fest Hollywood, LA Tech Summit, and Idea to Screen | Why You Need to Attend Any or All

Tech Zulu Event

Those who are more involved in traditional entertainment are seeing a major shift online which is why an additional one-day seminar was created to coincide with Silicon Beach Fest Hollywood as a partnership called, Idea to Screen.

7 Criteria For Selecting an Entrepreneur-Confidant

Startup Professionals Musings

Most entrepreneurs are too stubborn to seek a mentor for guidance: They have so much confidence in themselves and their ideas that they don’t see the need to ask anyone for advice. Mentoring does not happen by accident, or require large stipends.

6 Steps Required From A New Venture Dream To Reality

Startup Professionals Musings

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business reality.

Every Small Business Founder Needs An Advisor

Startup Professionals Musings

In that sense, you should think of an advisor more like your mentor who has done all he can. You need someone who: Applies pragmatics to your ideas. Most entrepreneurs have lots of ideas. business entrepreneur mentor startup

Coach 112

Business Professionals Can Be The New Entrepreneurs

Startup Professionals Musings

As a mentor to startups, I see more and more startups that are really an individual professional, marketing themselves as a consultant or freelancer. business professional entrepreneur mentor startup

Interview with Amir Banifatemi and Kai Tao, K5Launch

socalTECH

K5Launch (www.k5launch.com) is modeled after the successful Y-Combinator and TechStars acceleration programs, and invests equity, provides mentors, and runs a three month program to get very early stage startups off the ground. All of our mentors are investors as well.

Most Entrepreneurs Need to be Inspired to Perspire

Startup Professionals Musings

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. There is nothing more inspiring than seeing the results of your mentoring and leadership.

Brian Grazer and Ron Howard’s Imagine Impact entertainment “accelerator” inks deal with Netflix

TechCrunch LA

Under the agreement, Impact will identify and develop film ideas in four specific genres over the next year that they will then bring to Netflix to produce and distribute, through a global submission process. ” Writers need to submit an idea and a writing sample from today through July 6. We are looking forward to being a part of this new way stories and talent are discovered and mentored.”.

The seven attributes of a highly successful start–up CEO

Berkonomics

Selling is required whether it is for sales of the company’s products or selling the business idea to investors. Teacher, tutor, and mentor. You have to challenge yourself and others – even with ideas that seem outrageous.

Startup Weekend Conejo Valley - Sports Focused

SoCal Tech Calendar

Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas. Sunday, November 5, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance.

Mentor 100

Startup Weekend Conejo Valley - Sports Focused

SoCal Tech Calendar

Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas. Saturday, November 4, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance.

Mentor 100

Startup Weekend Conejo Valley - Sports Focused

SoCal Tech Calendar

Startup Weekend is a 54 hour event, where attendees pitch ideas, form teams and launch companies/products. The event is very community focused and provides a place for budding entrepreneurs to find co-founders, mentors and momentum for their ideas. Friday, November 3, 2017 -- Startup Weekend Conejo Valley - Sports Focused. Calling all startup junkies, makers, inventors, coders, and sports enthusiast! We are looking for the next big thing in Sports, Fitness, and Performance.

Mentor 100

10 Traits Demonstrate Entrepreneur Character Strength

Startup Professionals Musings

This trait, sometimes called mental complexity, will convince others that you likely understand the relevant issues, are willing to challenge your own ideas, and will be quicker to adapt them to encompass new information, experiences, and meaning.