Startup Professionals Musings

AUGUST 11, 2021

Most of you aspiring entrepreneurs probably have long searched for that special idea that will catapult you and your startup to success. Yet, my experience as a business advisor and investor has convinced me that the magic is not the idea, but you and the execution. Every investor I know hears the same ones over and over again.

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Startup Professionals Musings

NOVEMBER 3, 2017

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. I have to tell them that anyone can find ideas, but only you as a person can find the passion to transform one into a successful business.

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Startup Professionals Musings

JULY 5, 2023

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Let’s take a look here some similar stages from a support perspective: Idea stage. The first step toward a business with any idea is to write it down, and build a business plan around it.

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Startup Professionals Musings

AUGUST 10, 2022

Thus, in my mentoring of potential technical entrepreneurs who have a real passion for their technology, I often recommend that they find a co-founder who can manage the marketing and execution elements of the new venture. Many smart people I know fall into the category of “idea” people. Pay attention to all.

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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. A great innovation starts with at least three ideas.

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Startup Professionals Musings

SEPTEMBER 17, 2011

Every startup mentor has his favorite list of basic strategies to avoid pitfalls, and I’m no exception. Barter services and use equity to get things done for minimum cash. Make every effort to do things “in house”, rather than rely on outside services, accountants, and law firms. Do not delegate this task! Manage your time.

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socalTECH

MAY 7, 2018

In an unusual move, the San Diego International Airport is hoping to make it easier for startup and innovators to figure out how well their services work in an airport setting, with a new Innovation Lab , the airpot said on Monday.

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San Diego Startup Mentor Ideas 100

socalTECH

MAY 7, 2018

In an unusual move, the San Diego International Airport is hoping to make it easier for startup and innovators to figure out how well their services work in an airport setting, with a new Innovation Lab , the company said on Monday.

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Startup Professionals Musings

OCTOBER 12, 2020

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Let’s take a look here some similar stages from a support perspective: Idea stage. The first step toward a business with any idea is to write it down, and build a business plan around it.

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Startup Professionals Musings

JUNE 27, 2022

If an entrepreneur doesn’t find themselves in over their head at least 20% of the time, they are probably not pushing the limits, not taking enough risk, and probably not working on an idea that’s worth doing. Too often they are also hesitant, inexperienced, and fearful of hiring people or finding a mentor to be the partner they need.

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Startup Professionals Musings

SEPTEMBER 1, 2021

Every entrepreneur and every business I meet in my consulting and mentoring role has great intentions of bringing real innovation to the market, yet I find that most ideas are merely small extensions to existing solutions. On the other end of the spectrum, entrepreneurs are quick to propose one more feature that they can do easily.

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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.

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Startup Professionals Musings

OCTOBER 19, 2022

Yet as I mentor entrepreneurs around the country, crowdfunding still seems to be one of the least understood approaches to startup funding, with more myths than accredited angels and professional venture capital investors combined.

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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. My idea is just too far ahead of its time.” Try bartering services you have for something you need. So hang in there and get busy. “I

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TechCrunch LA

JUNE 17, 2020

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.

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Startup Professionals Musings

MAY 10, 2020

Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Thus, in my view, entrepreneurship is an evolution of an idea through a series of developmental stages, culminating in a self-sustaining business. Startup and development stage.

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Startup Professionals Musings

MAY 1, 2021

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. Success is the right balance of both for fun and profit.

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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. We occupy the space in ecosystem to service companies who are getting ready for seed or have just started to go out for seed funding. That was Startup Next.

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Startup Professionals Musings

JANUARY 15, 2023

Almost every entrepreneur starts their journey by developing a solution, based on their idea of a new technology or required service. These idea and developer skills are necessary, but not sufficient, to build a business. Create and use new networks to tap new ideas.

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Startup Professionals Musings

FEBRUARY 11, 2023

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. This is the confirmation that your product or service fills a real need in the marketplace.

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Startup Professionals Musings

AUGUST 13, 2021

Perhaps luckily, they have no idea that scaling the business and maintaining vitality as a mature business is even harder. Most importantly, this is not just in the products and services you offer, but in the way your company operates. The best leaders are mentors to their team, and they are stewards of a company’s assets and vision.

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Startup Professionals Musings

APRIL 4, 2020

For example, Zappos led a revolution in online shoes and clothing, not because of any revolutionary shoe technology, but because they sensed a clothing customer obsession for customer service, including long phone conversations and unlimited free returns. Take a deeper dive into your idea before you declare.

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Tech.Co

DECEMBER 4, 2020

It’s with profound sadness we mourn the loss of a true visionary, author, mentor, thought-leader, investor, and friend, Tony Hsieh. We also shared a passion for seeing others launch new ideas and grow them. By Frank Gruber and Jen Consalvo. Readers may be interested to know that Tech.co co-founders.

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Startup Professionals Musings

NOVEMBER 4, 2019

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. Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea.

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socalTECH

JANUARY 7, 2016

The idea is to have a partnership between Cedars-Sinai and Techstars, where we select ten healthcare startup companies focused on innovative technology and care delivery in healthcare. Both sets of mentors re really united to help drive the pace of growth of these startups, must faster than they might have grown traditionally.

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socalTECH

JANUARY 7, 2016

The idea is to have a partnership between Cedars Sinai and Techstars, where we select ten healthcare startup companies focused on innovative technology and care delivery in healthcare. Both sets of mentors re really united to help drive the pace of growth of these startups, must faster than they might have grown traditionally.

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Mentor Startup Coach Ideas 100

Startup Professionals Musings

JUNE 21, 2021

Also, for most of us, not having done it before, we have no idea where or how to start. It’s always good to have someone to test your ideas, keep your spirits up, and hone your business skills. Pick a startup business that you can do for minimal cost, like a services business with the skills you have.

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Startup Professionals Musings

MAY 16, 2020

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. This is the confirmation that your product or service fills a real need in the marketplace.

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Satisfaction Customer Custom Outsource 174

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?” I always answer that there isn’t any magic, and contrary to the popular myth, nobody is waiting in the wings to throw money at you, just because you have a new and exciting business idea.

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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.

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Organization Incubator Startup Resource 92

Startup Professionals Musings

DECEMBER 13, 2021

In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Enlist a mentor and advisor who is not a ‘yes’ person. Start a ‘practice’ business to learn the ropes.

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Startup Professionals Musings

AUGUST 5, 2023

Customers benefit from early solution access, priority input on requirements, and personalized customer service. There is a good chance that business advisors and mentors also have access to investment capital, or know someone who does. Reach out to your biggest fans for investor leads.

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Statistics Entrepreneur Funding Social Media 98

Startup Professionals Musings

MAY 14, 2023

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. Be a miser with contract services and facilities.

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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. I realized that he and I see several common patterns that account for a large percentage of new venture failures.

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Technical Review Case Study Mentor Software Review 131

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.

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socalTECH

FEBRUARY 9, 2012

We've defined an accelerator program as a class-based, limited-time program which ties mentors, educational events, and often, seed funding, to help ideas become startups, and to help get startups to the point where they are fund-able. Most are modeled after the YCombinator and TechStars accelerator programs.

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Startup Professionals Musings

JANUARY 7, 2023

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. If you ask them for a reason, most will insist that they couldn’t get funding, or they ran out of money too early.

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