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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Although Elon Musk doesn’t talk about it very much, he owns over 350 patents through Tesla, just one of his many companies.

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Reflections on 2020: Brian Mac Mahon, Expert Dojo

socalTECH

Every year, we feature the year end reflections of founders, CEOs, investors, and others in Southern California's high tech community. It's been a tough year for many due to the pandemic; how have you or your company adapted to the business environment? This is my 4th market upset and in the first three I was defensive.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea. There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. Some dreams sound great, but may not yet be viable or proven with today’s technology.

Ideas 94
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10 Entrepreneur Comments That Kill Investor Deals

Startup Professionals Musings

It’s always painful when a startup fails, but as a mentor to founders, I would hope that you can learn from these failings and not stumble on the same issues. In most cases, viral marketing only begins to work after you prime the pump with several million in real marketing over a couple of years. “We It’s the market, stupid.”

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Ten Common Arrogance Traps for Startups to Avoid

Startup Professionals Musings

It’s always painful when a startup fails, but as a mentor to founders I would hope that you can learn from these failings and not stumble on the same issues: “Business plans are for dummies.” It’s the market, stupid.” There is no substitute for understanding the market, and sizing the opportunity, before you climb out on a limb.

Startup 95
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Ten Quotes That Indicate Your Arrogance is Showing

Startup Professionals Musings

It’s always painful when a startup fails, but as a mentor to founders, I would hope that you can learn from these failings and not stumble on the same issues. In most cases, viral marketing only begins to work after you prime the pump with several million in real marketing over a couple of years. “We It’s the market, stupid.”

Startup 98
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Ten Common Arrogance Traps for Startups

Startup Professionals Musings

It’s always painful when a startup fails, but as a mentor to founders I would hope that you can learn from these failings and not stumble on the same issues: “Business plans are for dummies.” It’s the market, stupid.” There is no substitute for understanding the market, and sizing the opportunity, before you climb out on a limb.

Startup 52