Startup Professionals Musings

NOVEMBER 2, 2020

He cites eight leadership actions, which I also recommend, from a non-scientific perspective, as a mentor to entrepreneurs. Always be prepared to mentor and assist, but empowering people to share their expertise and choose how to do projects engenders the culture you need to win. So, how do you build trust? Flatten management levels.

Claremont 172

Claremont Mentor Startup Study 172

Startup Professionals Musings

OCTOBER 16, 2022

Yet credible reports on current trends tell us just the opposite. According to a report last year from the Kauffman Foundation , the highest rate of entrepreneurship in America shifted a few years ago to the Boomer age group, compared to Gen-X (1965 to1980) and Gen-Y (1981 to 1995). Don’t expect them to go away any time soon.

Technical Review 147

Technical Review Software Review Entrepreneur Report 147

Startup Professionals Musings

DECEMBER 3, 2022

Build a personal marketing plan, as you would for a new product, including regular highlight reports, progress, and results. You need to step out of your comfort zone to socialize, meet new people, and collaborate with peers, company leaders, and mentors. Internally, you may need a video summary report of monthly value.

Social Media 125

Social Media Summary Startup Mentor 125

socalTECH

APRIL 12, 2013

To be fair (and as other accelerators in town are eager to point out), Launchpad LA has had a head start, with a number of companies which joined the accelerator before it was an accelerator, and was a mentoring group for a mix of both funded and non-funded companies.

Southern California 222

Southern California Incubator Report Startup 222

Both Sides of the Table

OCTOBER 26, 2020

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. Just as Yves mentored me when I became his co-managing partner in 2011, he didn’t seek to ride off into the sunset either. Wait, What About Yves?

Venture Capital 361

Venture Capital Startup Invest CitySearch 361

Startup Professionals Musings

MAY 30, 2020

Visit the university library for access to otherwise costly business reports. Other project and research reports in their library are a rich source of new ideas, if you are still looking for a place to start. Access to entrepreneurs-in-residence, business mentors. Access to intellectual property and current research.

Class 124

Class Startup Resource Mentor 124

Startup Professionals Musings

JUNE 22, 2022

I urge you to force yourself to be a regular new learner, by tackling new problems, listening to expert mentors, and finding time for leadership books. Don’t be afraid to ask peers and friends for feedback and progress reports. Soon they find themselves more confident in building and leading a team in their own business or career.

Startup 114

Startup Mentor Conference Networking 114

Both Sides of the Table

NOVEMBER 8, 2011

To give visibility to these companies to: Sources of funding (angels / VCs), business development partners, mentors who have themselves built successful companies, the press and potential employees to hire. Report Card. One senior mentor to Launchpad LA recently said, “I got more out of Launchpad LA than I even put in.

Venture Capital 287

Venture Capital Funding Startup GRP Partners 287

socalTECH

MAY 13, 2013

Coaches and mentors from companies like Topspin Media, Citysearch, Beachbody, Lootsie, Datapop, and Carbon also are involved. The hackathon suggested any challenge facing the community, from addressing food and housing distribution, reporting potholes, or more--anything to demonstrate collaboration between the public and private sector.

Boyle Heights 206

Boyle Heights CitySearch Help Beachbody 206

socalTECH

AUGUST 21, 2012

OCTANe , the Orange County-based organization helping to bolster the high tech industry and entrepreneurs, reported this morning that in the first half of 2012, companies participating in its startup accelerator have raised a total of $26.8M in funding.

OCTANE 150

OCTANE Orange County High Tech Mentor 150

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. You need advisors and a board of directors, but they require regular communication and reporting, a strategic plan, and discipline.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

MARCH 2, 2018

One of the lessons I have learned over the years as a business executive, and now as a mentor to entrepreneurs, is that if you really want employees who enthusiastically take ownership of their work, you have to start treating them like owners, not renters. They show up every day, keep a low profile, and collect a paycheck.

Mentor 72

Mentor Coach Startup Activity 72

Tech.Co

JANUARY 29, 2018

“[Through] CTA, you have access to wealth of consumer research reports, discounts for seminars and conferences such as CES, and networking opportunities with industry professionals through the CTA Mentor program,” Koduri said. Add Mentors to Your Roster. Regardless of one’s stage, mentors are a must have for any founder.

Startup 87

Startup Mentor Artificial Inteligence Research 87

Startup Professionals Musings

AUGUST 23, 2019

I and many others reported him regularly, and we were all frustrated that nothing was ever done. I might have been convinced that this was a rare exception to the norm, until I saw some Gallup survey reports showing that 68 percent of employees are not fully engaged at work. Hire and mentor people who show engagement in prior roles.

Mentor 97

Mentor Examples Report Training 97

Xconomy

OCTOBER 31, 2017

People are building mentoring networks. But women in the industry aren’t optimistic about big changes coming soon, according to a new report and survey from digital healthcare investment firm Rock Health. To close the healthcare and life sciences gender gap, there have been programs to move women into the boardroom.

Equity 49

Equity Mentor Report Mobile 49

Startup Professionals Musings

JULY 11, 2021

In any case, your startup is now part of some investor’s portfolio, so you need to treat the situation like reporting to a new boss, and not like a new freedom. As an early-stage startup, you may have some hand-picked mentors as an Advisory Board, but now you need a formal Board with approval rights on all your strategic decisions and pivots.

Funding 173

Funding Startup Entrepreneur Report 173

Startup Professionals Musings

AUGUST 19, 2023

They mentor protégés on talent spotting, creativity, and motivation as well as strategy. They know that former direct reports can become highly valuable members of their network, and new business partners as either rise to new major roles elsewhere. Good connections and team building are the keys to success.

Oracle 94

Oracle Organization Examples Coach 94

Startup Professionals Musings

OCTOBER 9, 2020

According to recent reports , these come from all the way up and down the age and experience spectrum, including up to ninety percent of the current Baby Boomers, as well as Millennials. Zappos , led by Tony Heish, has been a leader in this direction, and reports many advantages, as well as challenges.

Competition 168

Competition Startup Demand Training 168

Startup Professionals Musings

OCTOBER 18, 2023

As a mentor to many entrepreneurs, I also encourage an entrepreneur exit focus early, and I really like the specific steps outlined in the classic book, “ Exit Signs ,” by Pamela Dennis, who has helped companies through this critical transition for decades. Running a mature company is totally different from running a startup.

Startup 99

Startup Entrepreneur Metrics Acquisition 99

Startup Professionals Musings

JANUARY 18, 2020

Yet credible reports on current trends tell us just the opposite. According to the most recent report from the Kauffman Foundation , the highest rate of entrepreneurship in America shifted a few years ago to the Boomer age group, compared to Gen-X (1965 to1980) and Gen-Y (1981 to 1995). Don’t expect them to go away any time soon.

Startup 124

Startup Technical Review Software Review Entrepreneur 124

Startup Professionals Musings

APRIL 24, 2015

High scoring leaders seek and positively respond to feedback from three critical groups: peers, customers, and direct reporting team members. Find and enjoy the company of one or more mentors. The leadership benefits of mentoring start in childhood, but are just as important at the mature CEO level.

Mentor 104

Mentor Ideas Entrepreneur Study 104

Startup Professionals Musings

JUNE 5, 2023

If you find yourself buried in work, with no time off, and feeling indispensable, it may be time to ask direct reports to call you out on delegation. Other necessary resources include training, reasonable financial leeway, mentoring, and access to relevant executives. Accountable teams need timely and actionable feedback.

Startup 96

Startup Resource Training Tool 96

Startup Professionals Musings

DECEMBER 26, 2022

As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to get satisfaction from this lifestyle. The rewards, as reported by everyone who has been there, will still be well worth it. Only 13 percent of workers are fully engaged in their job. The sad part is that it seems to be getting worse, rather than better.

Satisfaction 153

Satisfaction Entrepreneur Writing Metrics 153

socalTECH

JUNE 18, 2010

Watson , who organized San Diego's Tech Coast Angels QuickPitch event, is now being investigated as a possible homicide, according to unconfirmed reports sourced by the Frank Peters Show. The death earlier this month of a San Diego Tech Coast Angel, John G. Watson's body was apparently found in his home June 8th.

San Diego 160

San Diego Tech Coast Angels Angel Southern California 160

Startup Professionals Musings

OCTOBER 25, 2021

In fact, according to the latest trend data and press reports , these Baby Boomers have grown yearly to 41 percent of small business owners, second only to Gen-X, at 44 percent. With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs.

Technical Review 126

Technical Review Technical Support Entrepreneur Startup 126

Startup Professionals Musings

AUGUST 16, 2023

In my own role as advisor and mentor to many entrepreneurs and startups, I was struck by how relevant and critical these same initiatives are to even the earliest stage businesses. I saw the key ones outlined well in the classic book, “ Creating High Performers ,” by William Dann, a leading coach to experienced CEOs.

Coach 93

Coach Satisfaction Resource Entrepreneur 93

Startup Professionals Musings

MAY 14, 2022

It will inspire loyalty, provide real satisfaction for work done, and become the basis for mentoring and performance reviews. Managers who fail to delegate responsibility in addition to specific tasks eventually find themselves reporting to their subordinates and doing some of the work, rather than vice versa.

Startup 121

Startup SEO Social Media Satisfaction 121

Startup Professionals Musings

JULY 9, 2022

A common request I get while mentoring entrepreneurs is for a copy of the startup checklist they need to follow, in order to build a successful new business. Everyday devices, like Internet soda vending , have an embedded computer allowing full remote reporting and control. I wish it was that easy. Mobile Computing.

Technology 133

Technology Cloud Computing Social Media Networking 133

Startup Professionals Musings

SEPTEMBER 30, 2023

Assess who you can get for value and mentoring. Overall, I’m happy to report that new business owners and entrepreneurs who do their homework are happier and healthier than other business professionals. You should pick an idea that you can hand off quickly to investors, or one you can grow as a legacy for your family.

Startup 94

Startup Ideas Metrics Entrepreneur 94

Startup Professionals Musings

APRIL 9, 2021

Recent articles report that companies where everyone is focused on the big picture can increase their returns by up to 400 percent. Look for accomplishments in prior roles, and a willingness to accept coaching and mentoring. Remember that agility, innovation, and customer-focus are at the heart of every successful business today.

Coach 174

Coach Activity Custom Customer 174

Startup Professionals Musings

APRIL 8, 2019

I loved it when my boss gave me the additional responsibility of mentoring others in solving tough problems. Each of us can remember a time when we prepared a report that no one read, or filed physical documents never used, and no one seemed to care. Many companies also promote local mentoring and coaching opportunities.

Tips 96

Tips Satisfaction Training Mentor 96

Startup Professionals Musings

AUGUST 25, 2023

Based on my own experience as a mentor and angel investor, I find that as many as ninety percent of startups fail in the first five years, despite their best efforts. The remainder use outside funding, including crowdfunding, friends and family, banks, and investors. Explore multiple sources based on your level of need and risk.

Social Media 98

Social Media Metrics Media Tool 98

Startup Professionals Musings

JUNE 3, 2023

Mentoring and technical assistance from volunteer or paid experts. As evidence that it does work, CrunchBase reported that more than 200 companies in YCombinator’s Winter 2023 cohort were funded, and many were scooped up by VCs even before the Demo Days. Direct seed funding, for a share of the equity, and introductions to investors.

Organization 92

Organization Incubator Startup Resource 92

Startup Professionals Musings

OCTOBER 23, 2015

As a mentor to entrepreneurs, I often get asked what you can do to build the right culture. There is no rule that marketing needs to report to the founder, or that every startup needs a chief operating officer. Some of the best startup cultures have no hierarchical reporting, yet everyone knows who drives each of the initiatives.

Entrepreneur 102

Entrepreneur Technical Review Mentor Training 102

Startup Professionals Musings

JANUARY 9, 2021

As a mentor to many entrepreneurs, I also encourage an entrepreneur exit focus early, and I really like the specific steps outlined in the classic book, “ Exit Signs ,” by Pamela Dennis, who has helped companies through this critical transition for decades. Running a mature company is totally different from running a startup.

Startup 173

Startup Entrepreneur Metrics Acquisition 173

Startup Professionals Musings

SEPTEMBER 12, 2020

If you find yourself buried in work, with no time off, and feeling indispensable, it may be time to ask direct reports to call you out on delegation. Other necessary resources include training, reasonable financial leeway, mentoring, and access to relevant executives. Accountable teams need timely and actionable feedback.

Startup 147

Startup Resource Training Tool 147

Startup Professionals Musings

JULY 23, 2018

The best way to do this in business is to proactively ask someone to be your mentor. The most successful business executives build one or more two-way mentoring relationships with peers. For example, Bill Gates has a long-standing mentor relationship with Warren Buffett. The advisor needs to see your requests as sincere.

Mentor 53

Mentor Examples Help Satisfaction 53