This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. Here’s how I learned my lesson: I started my life as a consultant. I had to read each report, synthesis it and then come up with our best estimate of the markets going forward. I say it deadpanned. It’s irony.
This is part of my ongoing series called “ Start-up Lessons.&#. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed startup. I paid up for the diploma but can’t say that I saw better results. So back to MBAs.
I grew up believing that human behavior was 20% nature, 80% nurture. of all data is made up. OK, not literally made up. So going into a startup scenario you bring these innate skills or you don’t. You don’t need to be great at all of these attributes to be part of a successful startup team.
A new study released by the Kauffman Foundation this week shows that the Los Angeles-Long Beach-Santa Ana Metropolitan Statistical Area (MSA) has the highest number of entrepreneurs per 100,000 people, of the top fifteen largest MSAs. The report covers all business entrepreneurs, not just those in the high tech industry.
" I realized that I've never captured topics that I've covered (I'm always willing to look at other topics), nor have I put up my speaker bio. So, here goes: Dr. Tony Karrer Over the past 15 years, Tony has been a part-time CTO for more than 30 startups. Tony has a Ph.D. He is a frequent speaker at trade and industry events.
Upon graduation from Wharton, John and Kyle launched a startup based upon a simple, pedestrian product: a computer mouse shaped like the head of a golf driver. However, a number of them wanted to vicariously experience the startup world through John and Kyle''s venture. It''s gonna highlight our emotions, our ups and our downs.
Los Angeles-based content deliver network operator NetDNA has tapped a Y-Combinator funded startup for a new, real time monitoring service. NetDNA said the new dashboard lets users gain access to traffic data, including daily, weekly and monthly statistics; details on popular files, file types, and satus codes, and more.
The baseball community has really taken to it, because we''ve set it up how coaches already operate. How''d you start the company? They were very small shcools--he went to Cate, which is inland from Ventura in the Santa Barbara area, and I went to The Thacher School, and we both ended up at the University of Southern California.
A new, Santa Monica-based startup has created a new iTunes application, Draftpedia , aimed at providing a comprehensive source for NBA and NFL Draft history, player stats, and team rosters. The startup is now in the midst of seed funding efforts, after seeing uptake and large numbers of downloads of the app. READ MORE>>.
They ask for a little bit additional information and that's it, you are up and going. You are up and going in just a few clicks. Network and Connection Statistics Possibly Branchout focuses too much on your network. If you uncheck it and begin to go through and choose people, pretty soon you get the following pop-up.
Something like a marriage (and often lasting just as long statistically), your investment partner can be a great cheerleader, coach and resource. Be careful about investor rights This important variation on money talks is an important consideration for entrepreneurs when seeking an investment from professionals such as VCs.
They ask for a little bit additional information and that's it, you are up and going. You are up and going in just a few clicks. Network and Connection Statistics Possibly Branchout focuses too much on your network. If you uncheck it and begin to go through and choose people, pretty soon you get the following pop-up.
I’m convinced that this “me too” or incremental thinking is one of the key reasons that ninety percent of new startups fail, and most of the investors I know won’t sign non-disclosure forms, since they claim to hear the same startup ideas over and over again. Collaborate with experts and people with experience.
Thus, financial projections for up to five years are a necessary element in every business plan. Per the words of an old country song, “if you don’t know where you’re going, you will probably end up somewhere else.” If you are losing money on every unit, it’s hard to make it up in volume. Forecast sales-volume expectations.
It starts with sharing the opportunity and upside. Think of startups and early stage businesses whose entrepreneurs you know. Nearly none, if statistics and experience are key to the answer. First, there is the entrepreneur , the visionary, and force behind the venture from start to finish. The sum of three parts.
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.
Among other statistics, CallFire said it billed its customers for more than 185 million minutes in 2012; the firm offers up those minutes starting at 3.5 Callfire was a provider of calling and telephony services to many political campaigns during the election cycle, and is also used by companies for emergency communications.
Much has changed in the past four months of the technology startup world and how outsiders value the business. That’s economics (or statistics) for asking whether price ratios of how investors value companies was simply coming back to historical norms. Start early. It applies to all startups – not just SaaS.
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.
A new study released by the Kauffman Foundation this week shows that the Los Angeles-Long Beach-Santa Ana Metropolitan Statistical Area (MSA) has the highest number of entrepreneurs per 100,000 people, of the top fifteen largest MSAs. The report covers all business entrepreneurs, not just those in the high tech industry.
Perhaps that was once true, but in this age of the worldwide Internet, big data, and pervasive business intelligence in every industry, you can use the following steps to get the data you need with very little time and cost: Start your research with Google. Explore municipal development resources. Conduct your own customized market research.
end-of-the-year coverage, we've run through our web statistics and figured out which were the. in the company's efforts to start a commercial space tourism industry. in the company's efforts to start a commercial space tourism industry. generation of startups. As part of our. an article was accessed on our publication.
One of the biggest myths I have found in the entrepreneur community is that every startup needs one or more outside investors for credibility and success, and perhaps is even entitled to at least one. Draw up a list of the best prospects, and put together your best story for follow-up. But don’t wait for them to contact you.
The last thing a new entrepreneur wants to think about for a new startup is how it will end. Startups with no exit planned will minimize investor returns. Most entrepreneurs like the startup role, but not the big-company role. Yet one of the first things a potential equity investor asks about is your exit strategy.
Los Angeles-based Twitter advertising startup Ad.ly has just launched a new Twitter analytics product, the firm said Thursday afternoon, which allows Twitter users to see statistics on their account. According to Ad.ly, the new Ad.ly
Managerial Oversight And Performance Matter At A Startup. If they do not adequately improve over time, consider counseling them out of your startup. Prima Donna Benchwarmers – These individuals represent the worst type of startup employee. Cal Ripken, Jr. was also a baseball star.
From the annual search statistics from Google and Bing , it''s clearly information about celebrities. A Santa Monica startup, Famous Birthdays , looks to have carved out quite a niche in the area, with its online list of (you guessed it), famous birthdays. The design just went live in the last couple of weeks. READ MORE>>.
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?
Every new venture that survives the first five years starts to drift away from their entrepreneurial thinking, and assumes they have achieved the path to longevity. No company can afford to lose the agility, flexibility, and innovation of a startup. No company can afford to lose the agility, flexibility, and innovation of a startup.
Change is about the only thing constant in the world of startups. Since the startup environment is usually more volatile, the challenge there in balancing advantage, risk, and performance, is more critical than in big companies. It starts at the top with the founder and CEO, but has to extend quickly to the bottom of the organization.
The Los Angeles area ranks among the top markets for activity on the angel investment service AngelList , according to new statistics released by the service Monday. AngelList helps broker individual angel investments in startups. The service said it has given 8000 introductions and brokered 400 investments in startups.
Our system will go off and watch those things for you, trend them over time, do statistical analysis on them, or you can use it as a very advanced news gathering system, which is what we''re doing with it today for Wall Street. Jeff Curie: I''ve been a startup guy here in Orange County for a long time. Why did you start in that market?
Since the recession, and at least partially sparked by it, I’m seeing a real resurgence of entrepreneurial spirit, and more startup activity than ever before. The rate of new entrepreneurs increased about 10 percent, from 280 out of 100,000 adults in the 2014 Startup Activity Index, to 310 out of 100,000 adults in the 2015 Index.
I talk to many people who have spent years struggling up the corporate ladder who dream of jumping ship and becoming an entrepreneur. All of these apply directly to starting your own company. Test your “dream” startup plans on some experienced entrepreneurs to get a reality check before you leave your current job.
Semantic technology is important… we can aggregate individual lists into the wisdom of crowd aggregations which are more statistically meaningful than one person’s opinion about a topic.”. We’ve got a very search-friendly site; we are starting to see what Google calls ‘authority’ for terms like ‘list’ and ‘top’ and ‘best’.
I learned that based on my selling statistics (which were good, but not great), every non-sale got me 1/15th of the way toward a sale. Here's the definition I came up with: if you walk and talk like an entrepreneur, you are one. I thought it might be a good experience. Continued.).
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?
Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Thus investing in startups should always be approached as a low odds game.
We caught up with Andy Wilson , who is behind the effort, to hear about why he thinks Pasadena needs its own technology identity. It started around a year ago, as I was driving back from Santa Monica from an event. There''s an interesting statistic, which is the ratio of technology transfer out of Caltech and JPL.
Upon graduation from Wharton, John and Kyle launched a startup based upon a simple, pedestrian product: a computer mouse shaped like the head of a golf driver. However, a number of them wanted to vicariously experience the startup world through John and Kyle''s venture. It''s gonna highlight our emotions, our ups and our downs.
Finding potential customers continues to be a huge challenge not only for established marketing and sales teams but also for startup executives and solo entrepreneurs. Here are some of our top recommendations to get you started: Email Finder Tool – Voila Norbert. Sign up and start using this solution’s simple search interface.
That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.
Can tapping the power of the crowd not only help you find customers and help fund your project, but also help you shape your startup idea and find funding? A new, Los Angeles area startup, JumpStartFund (www.jumpstartfund.com) recently launched, offering up a combination of crowdfunding and crowd-advice for entrepreneurial ideas.
Making the decision to start your own business is a major commitment, with huge implications for skills and lifestyle. These are not valid reasons to start a business. But if you're focused on solving a real problem, believe you can do it better than anyone else, and confident in wearing many hats, you have the right start-up mindset.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content