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Despite what you might think, you are never too old to benefit from the helpful guidance of a mentor. Jason Nazar, Co-Founder and CEO of Docstoc , and a self-professed "Mentee Whore," discusses his secrets to finding and keeping a mentor in this compelling article. and set up meetings with people that you want to be like.
The debt market has pretty much shut down for people, though there is some money coming out of the SBAs that have been somewhat helpful. And, the equity markets are certainly a more challenging environment. Mike Napoli: We've revised the way we review companies at the prescreening stage. Mike Napoli: Obviously, it's still tough.
community in many ways, including his weekly Internet TV program on entrepreneurism, and participation in several mentoring programs. . Access to new markets. Access to new technologies. Perform preliminary duediligence: Review the business plan including marketing, sales strategies and financial needs.
I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. Most often at the earliest point in the life of a startup, the dominant need is certainly to produce product to get something in the market, get funding, etc. What technologies will we use?
We thought today for our interview, that we'd get an update on the angel investment environment here in Southern California from Scott Sangster , the incoming President of the Los Angeles Chapter of the Tech Coast Angels , the biggest angel investment group in Southern California.
Companies like DogVacay solve a real need in the market. They can read reviews, see pictures and even talk to the family before confirming. I then clicked on reviews, looked at pictures and read the owners descriptions of what they were looking for. I told her the story of Aaron, the company, the reviews, etc.
If you are like most entrepreneurs I know, there just aren’t enough hours in a day to get all your own work done, as well as run the many one-hour meetings each team member seems to demand for decisions and mentoring. For one-on-one coaching from the startup founder, I call this approach five-minute mentoring. Marty Zwilling.
For the last week of the year, we're featuring the thoughts and reflections of some of the movers and shakers of Southern California's high tech community. We asked the same four questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next week.
According to a recent Forbes article , UC Santa Barbara''s Technology Management Program offers students a superior startup education over the University of Pennsylvania (home of Wharton), as well Harvard, Northwestern and even its acclaimed southern neighbor, the University of Southern California. Want to be an entrepreneur? Techpreneurs.
The techmarket is filled with many stories of early-stage funding. The science of finding recoveries is based on computer-based algorithms that flag high-potential errors and trained technicians that then review these claims. It’s even more exciting when you can report an exit of a company that is a major win.
In a bid to change that, there are a few groups working on helping women entrepreneurs, investors, and others, including the Pipeline Fellowship (www.pipelinefellowship.com), which recently launched itself into the Los Angeles market. My participation has been on the impact investing and education side, where I''ve been involved as a mentor.
Fight the urge do more things, to attract more customers in a broader market. In reality, too many choices actually dilutes customer interest in your existing market, and makes your job of production, marketing, and support much more complex. The company has since gone public, and is still a market leader.
In a bid to help research from the University of Southern California reach the market, the USC Stevens Institute for Innovation said Wednesday afternoon that it is awarding $439,000 in gap funding to seven projects from USC, which have a high potential to spin out of the school. READ MORE>>.
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions for 2019 from Southern California's technology industry. We continue to have a steady stream of industry and thought leaders raising their hands to be mentors for our upcoming cohorts.
I admit that I haven’t yet read it but I’ve had numerous discussions with Brad over the years about board structure & conduct and consider him a mentor on the topic. Reviewing financial & operational performance. how to market our products and company. In the Early Days. Mentorship. As You Start to Mature.
Running that effort is Kevin Hell , the founder of DivX, who we caught up with to learn more about EvoNexus and how the group is trying to help grow technology startups in San Dieog. They've provided a completely free facility, furniture, Internet access, mentoring, sponsorship--all of those things are provided for free.
There’s too much PR and too many tech blogs and too many newsletters and aggregators and Twitter summarizers to even try to catch everything that’s going on and equally there’s so much noise that it becomes harder to be heard. I often tell people that in some ways it’s easier to build great companies in down markets.
The short version of my review is: “Enchanting? Ask For Mentoring. Field Manual – Enchantment is a practical how-to book that entrepreneurs can repeatedly refer to when tackling specific issues, such as; “How To Overcome Resistance”, “How To Use Push Technology” or, “How To Enchant Your Employees.”. Underpromise, Overdeliver.
After 10 minutes I felt like we were old buddies because we had both been through the trenches of startup tech land and had had similar experiences. He founded the company, raised a bunch of money, built the product and established a good reputation and market position. That initial product became a market leader in its area.
The core of the investing job of course is investing dollars into startup companies and helping as a mentor, advisor and board member on the companies in which you’ve invested. Marketing, recruiting, building data products & tools, event management, analyzing the portfolio, etc. So What Does All This Mean? Wait, What About Yves?
View the Slideshow A little more than a year ago, amid a resurgence in San Diego’s software sector, Xconomy identified a baker’s dozen of local tech companies to watch in 2016. I met with Seed San Diego partners Taner Halicioglu and Eric Gasser, who also reviewed the companies and provided their feedback. I widened my net this year.
If you are like most entrepreneurs I know, there just aren’t enough hours in a day to get all your own work done, as well as run the many one-hour meetings each team member seems to demand for decisions and mentoring. For one-on-one coaching from the startup founder, I call this approach five-minute mentoring. Marty Zwilling.
You need to be great at something: technology back-end, front-end design, usability, sales, marketing, quantitative analysis, leadership –> whatever. But if you’re not uber talented there is always a “Justin Bieber of technology&# waiting to kick your ass. Consider Usher a hard-working early-stage VC.
I have never felt prouder of the team & product at awe.sm ( please visit to check out our latest & be ready for our next big product announcement due out in next month or so) and yet we just brought in a new CEO to the company, Fred McIntyre. ” We had inbound M&A requests from some of the biggest names in tech.
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. Bill Gates was the technical genius, but Steve Ballmer, from Procter & Gamble, ran the business side of the equation.
My initial desire to blog came from something that’s always been my approach to investing – I’m a nerd and I love to play with the technology and part of my approach has really been to understand things both at a user level and at a reasonably deep tentacle level. Brad on blogging. How did you start blogging? “My Human Computer Interaction.
Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market. Entrepreneurs tend to look for big changes and big markets when seeking disruptive opportunities, when the opposite may be more effective.
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. Even the best solutions require marketing to survive. My answer is that no competitors means no market, or you haven’t looked.
For those who still might be wondering what Spotlight: LA Tech is all about, It’s a screening room for new technology homegrown in our region. It’s a gathering of friends and tech enthusiasts of all stripes. This Spotlight takes place Thursday, July 14, at The California Institute of Technology (CalTech).
1) Get A Mentor. "I By always thinking like a newcomer, you can avoid the Innovator's Dilemma, in which the market leader eventually loses a new, disruptive solution. Develop a solution for a problem, market and/or user group about which you are passionate. Note: This is an installment in the Iconic Advice series.
He found that the return was far greater than the cost of donated shoes, and his team became intensely loyal, due to the opportunity to travel and deliver shoes in other countries. Challenge yourself to delivering a technical innovation. Sharing is a lot more effective with customers than selling and marketing.
Most of us have blind spots in our ability to build a business, due to lack of experience, too much ego, over-confidence, or unjustified faith in a subordinate. If I suggest your technology needs validation in the market before scaling, it’s fair to ask how long and how expensive that test could be.
Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market. Entrepreneurs tend to look for big changes and big markets when seeking disruptive opportunities, when the opposite may be more effective.
One of the most original, subscription startups to come out of Southern California's tech accelerator boom emerged last week, looking to disrupt not just another retail sector or e-commerce category, but something else entirely: the airline industry. We take your application and review it. What's the idea behind SurfAir?
I reviewed an email from Kara Nortman, the CEO of Moonfrye who is working on putting together venture debt. I then traded emails with two former senior tech professionals in LA. Let’s say your a junior developer, marketer, product manager, biz dev person at a startup or well-established technology company.
Partially due to the pandemic, but also due to longer, healthier lives and changes in job tenure, Boomers are now expected to stay in the labor force longer, and according to projections , could actually dominate the labor market by 2024. Immigrants represent 27.5
There''s been a lot of activity over the past two years in the Southern California accelerator/incubator market, with numerous groups (Amplify, EvoNexus, K5, LaunchpadLA, MediaCamp, Science, StartEngine, and many, many others) looking to help entrepreneurs start and fund their companies. But, how successful have they been?
Many entrepreneurs I have mentored make big mistakes in this area, by hiring low-cost friends and family, with minimal skills or training, and expecting them to have the same work ethic , passion, and business knowledge as the founder. Direct customer-facing non-technical roles should be the last ones outsourced. with experience.
Expert mentoring and training. In addition to the formal mentoring, the peers you’ll be working alongside at startup incubators provide much more than emotional support. Then it’s time for duediligence on the incubators in your area, to see who has the track record and credentials you need. Peer support. Learn by doing.
Partially due to the economy, but also due to longer, healthier lives and changes in job tenure, Boomers are now expected to stay in the labor force longer, and according to a USNews article, will likely dominate the labor market by 2024. Here are some indicative entrepreneurial facts from recent Kauffman studies and others.
Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. After some review of available resources, I’m convinced that problem solving is a learnable trait, rather than just a birthright. Listen to your customers to arrive at acceptable and marketable solutions.
Stained Glass Labs (SGL), the first Glass and wearable technologies accelerator has launched the world’s first comprehensive app directory and a self-service app publishing portal for Google Glass pre-launched applications. Comprehensive App Directory. SGL says the Comprehensive App Directory launched is a simple 2 step process.
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions from Southern California's technology industry. One company that we have mentored, invested in and serve on the board of, is in lending and has hit a very exciting tipping point.
As the rate of change continues to increase in business and technology, the more I’m convinced that marketing is the primary key to success for a new venture. Yet I find that many technical founders don’t feel they need it at all, or at best point to one person on the team who is marketing.
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