Startup Professionals Musings

JULY 15, 2015

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. Successful startups are all about the right people with the right stuff. Pitch your company, not your product. Written business plan.

Startup 104

Startup Writing Entrepreneur Slides 104

Startup Professionals Musings

MAY 10, 2014

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. Either could improve the statistic that most startups fail within the first five years. So why do most startups fail?

Startup 110

Startup Entrepreneur Statistics Course 110

Startup Professionals Musings

JUNE 3, 2016

According to recent statistics from the International Business Innovation Association ( InBIA ), there are about 7,000 business incubators and accelerators worldwide, with over 90 percent being non-profit and focused on incubator programs for community economic development. Direction, mentoring and resources required.

Incubator 58

Incubator Startup Seed Funding Equity 58

Startup Professionals Musings

OCTOBER 5, 2015

Seed-stage, meanwhil e, is technically that critical period when you need funding to do solution- and business-model development, to prove that your new product or service works, before you try to sell it to customers. Crowdfunding is rapidly becoming the major source of funding for seed-stage startups. Startup incubator seed funding.

Funding 104

Funding Venture Capital Startup Seed Funding 104

Startup Professionals Musings

AUGUST 25, 2023

Of course, starting and running your own business comes with financial and personal risks, so I always recommend that you do your homework first, and follow some tried and proven strategies to improve your odds of success. It’s much easier to pivot before full production and much money has been spent.

Social Media 98

Social Media Metrics Media Tool 98

Startup Professionals Musings

APRIL 18, 2020

Successful entrepreneurs are the ones who think the most creatively, not only in their initial product or service, but more importantly all through the stages of growth from startup to maturity. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Tricked by recency.

Metrics 157

Metrics Demand Statistics Sales 157

Berkonomics

JUNE 22, 2012

I have a friend in the music business who worked hard to gain introductions to, and become mentored by, several known names in the business. One well known informal mentor called him the “Stevie Wonder of Hip Hop.” A mantra, tag line, motto, or logo with your unique brand definition is a good start. How do you define yourself?

Mentor 136

Mentor Statistics Press Entertainment 136

Tech.Co

JANUARY 10, 2018

If you’re needing some tips to jumpstart your strategy and attract female consumers, take this advice from these female startups founders. Purchasing products from a brand you trust can be more of an emotional buy, and trust is one of the key factors to attracting the female shopper. The Emotional Sell. Tasteful Humor. Spending Power.

Tips 71

Tips Customer Custom Dollar Shave Club 71

Startup Professionals Musings

NOVEMBER 11, 2013

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Statistics show that the failure rate for new startups within the first 5 years is higher than 50 percent.

Startup 100

Startup Ideas Entrepreneur Resource 100

InfoChachkie

AUGUST 29, 2011

The data consistently confirms that: (i) venture capitalists are typically not adventuresome, and (ii) most startups lack the three intoxicating factors which cause venture capitalists to pull out their checkbooks. This concentration is partly due to natural causes – successful startups spawn other successful startups.

Venture Capital 233

Venture Capital Capital Funding Technical Review 233

Startup Professionals Musings

JUNE 5, 2014

Sponsored by VISA Business With all the new technology available today for video conferencing, interactive social media, and webinars, you may think that travel is no longer a requirement for starting a small business. Yet I still see business plans and funding plans for startups that have minimal or no allocation for travel.

Startup 100

Startup Tips Mentor Conference 100

socalTECH

AUGUST 4, 2016

Enter cloudvirga (www.cloudvirga.com), a new startup in Irvine�created by veterans of the mortgage industry�which is hoping to disrupt that antiquated process, by automating the entire process. We spoke with Kyle Kamrooz , co-founder and COO of the company, about what the startup is doing. Cloudvirga recently raised $7.5M

Startup 100

Startup Platform Pepperdine CIO 100

Startup Professionals Musings

NOVEMBER 15, 2019

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio.

Metrics 98

Metrics Tool Statistics Entrepreneur 98

Startup Professionals Musings

JANUARY 20, 2018

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. Successful startups are all about the right people with the right stuff. Pitch your company, not your product. Written business plan.

Startup 65

Startup Entrepreneur Slides Content 65

Startup Professionals Musings

MAY 18, 2014

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you.

Entrepreneur 108

Entrepreneur Startup Writing Slides 108

Startup Professionals Musings

AUGUST 15, 2018

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. Either could improve the statistic that half of startups fail within the first five years. So why do most startups fail?

Startup 56

Startup Entrepreneur Statistics Course 56

socalTECH

APRIL 11, 2013

We caught up with Steven Cox , the company''s CEO, to learn more about the company. Why did you start the company? Steven Cox: I''ve been doing Internet startups since 1998. He mentioned he had a poster up at the local drugstore, but he just couldn''t get anyone to call him. What is TakeLessons?

Startup 260

Startup Education Study Ideas 260

Startup Professionals Musings

AUGUST 3, 2016

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. Either could improve the statistic that most startups fail within the first five years. So why do most startups fail?

Startup 58

Startup Entrepreneur Statistics Course 58

Startup Professionals Musings

DECEMBER 22, 2014

Successful entrepreneurs are the ones who think the most creatively, not only in their initial product or service, but more importantly all through the stages of growth from startup to maturity. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Tricked by recency.

Entrepreneur 113

Entrepreneur Metrics Demand Statistics 113

Startup Professionals Musings

JULY 27, 2013

Successful entrepreneurs are the ones who think the most creatively, not only in their initial product or service, but more importantly all through the stages of growth from startup to maturity. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Tricked by recency.

Metrics 110

Metrics Entrepreneur Demand Statistics 110

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Statistics show that the failure rate for new startups within the first 5 years is as high as 50 percent.

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

Startup Professionals Musings

DECEMBER 10, 2017

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio.

Tool 53

Tool Entrepreneur Statistics Metrics 53

Startup Professionals Musings

JANUARY 31, 2016

Successful entrepreneurs are the ones who think the most creatively, not only in their initial product or service, but more importantly all through the stages of growth from startup to maturity. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Tricked by recency.

Metrics 60

Metrics Demand Statistics Sales 60

Startup Professionals Musings

JANUARY 20, 2017

Starting and running a business is hard. Business is more about people than product. Business is more about people than product. As an angel investor in startups, I often find myself looking harder at the quality of the team and the leadership, than at the details of the product and business model.

Funding 55

Funding Satisfaction Customer Custom 55