article thumbnail

Reflections on 2019: Greg Monterrosa, Startup Community Leader

socalTECH

Today, we share the thoughts of Greg Monterrosa ,a startup community leader who is currently Startup Weekend organizer, facilitator, and mentor and was a former Founder of MyLLC.com and Hub101. What was the biggest news for you/your company this year? The continued growth of startup communities in Los Angeles.

Startup 196
article thumbnail

6 Ways To Reinforce Team Behavior For Startup Success

Startup Professionals Musings

In my consulting work, when I ask team members in startups and small businesses how they know whether they are doing a good job, the typical response I get is “Nobody has yelled at me today,” or “No news is good news.” A little competition for results is always a good thing. Be specific on the behavior you want to reinforce.

Startup 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Reasons To Ease Into The Entrepreneur Startup Dream

Startup Professionals Musings

There has long been a big debate about the best approach to starting a new business. Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model.

Startup 128
article thumbnail

LA Technology Scene: StartEngine Entrepreneurs Mix It Up With Mentors

socalTECH

It's a warm summer night in Westwood and 35 entrepreneurs are mingling with a collection of the new SoCal silicon-set. StartEngine , the startup accelerator, which launched earlier this year with ten hopeful businesses, is now in the middle of its third and largest class to date. Marks advised. READ MORE>>.

Mentor 178
article thumbnail

6 New Venture Challenges Make It An Endurance Sport

Startup Professionals Musings

There has long been a big debate about the best approach to starting a new business. Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model.

Startup 102
article thumbnail

5 Steps To Finding The Best Investor For Your Startup

Startup Professionals Musings

Even though the color of their money is always green, all startup investors are not the same. Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. It’s no fun for either side.

article thumbnail

6 Obligations That Come With Startup External Funding

Startup Professionals Musings

As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. Angel and venture capital money always comes with ownership and management implications, starting with the obvious ones outlined in the term sheet for the deal.

Funding 173