Startup Professionals Musings

FEBRUARY 12, 2022

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.

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Both Sides of the Table

DECEMBER 11, 2022

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? There was no money train.

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Startup Professionals Musings

JULY 15, 2022

You have to be extra tough mentally to start a new business venture. He spent many years with the SEALs, but has since started and built six multimillion-dollar business ventures. To be an entrepreneur or a Navy SEAL, you must first have vision, focus, and the courage to step up to lead. Are you up to the challenge?

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Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required.

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Startup Professionals Musings

SEPTEMBER 21, 2020

I realized a while back that creating a new company for the first time is a lot like whipping up a great dinner entrée for the first time – you need a recipe, even though it may look simple. Yet you may not be so sure where to start, and how to put it all together. In all cases, don’t skip the basic training. Don’t stand still.

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Startup Professionals Musings

NOVEMBER 4, 2022

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. The sales professional. The financial suit.

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Startup Professionals Musings

SEPTEMBER 22, 2023

Young entrepreneurs and startups, in particular, often remain naively unfocused, despite their passion, of what it takes to provide the high-quality service expected. It’s a tough job, and inexperienced entrepreneurs just don’t know where to start, and how to do it. Train and coach continuously. Set the tone and lead the way.

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Startup Professionals Musings

FEBRUARY 5, 2021

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.

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Xconomy

MAY 31, 2019

But tech companies are already writing the novel kinds of software these revolutionary computers will need in order to operate—and businesses are even helping to train the workforce for a future era of “quantum speed-up.’’ For that training task, Microsoft and X, the cutting-edge research arm of.

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Startup Professionals Musings

APRIL 26, 2020

Almost every entrepreneur starts their journey by developing a solution, based on their idea of a new technology or required service. One answer is for the developer to find a partner, like Steve Jobs, who is a leader to build and run the business, and two heads in a startup are almost always better than one.

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Startup Professionals Musings

JANUARY 5, 2022

Yet if you wait for an economy bubble before starting your new business, you will be making a comparable mistake to the people who thought during the dot-com bubble "all I have to do is a startup, and I'll be rich." If your alternative is no job security, and low pay, why not work for yourself and build your startup?

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Startup Professionals Musings

DECEMBER 12, 2022

In fact, I believe the majority of true entrepreneurs are not interested in this new role, and jump ship quickly by hiring an experienced CEO or merging with another company, to start their next entrepreneurial effort. That means making sure the right people are hired, trained, and in the right place at the right time.

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socalTECH

FEBRUARY 16, 2010

Santa Barbara-based Citrix Online has entered into the online, interactive training market with the launch of a new product, the firm announced this morning. Citrix said its new Citrix GoToTraining product is targeted at businesses who want to host interactive training sessions for participants. READ MORE>>.

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Tech.Co

OCTOBER 27, 2023

It comes courtesy of Google and Amazon-backed startup Anthropic, which was only founded in 2021. More than 350,000 people signed up to the waitlist to use Claude 2, the most recent version of the language model. Anthropic is an AI startup company based in San Francisco, California. What is Anthropic AI? Black Friday offer.

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Startup Professionals Musings

OCTOBER 6, 2019

You have to be extra tough mentally to start a new business venture. He spent many years with the SEALs, but has since started and built six multimillion-dollar business ventures. To be an entrepreneur or a Navy SEAL, you must first have vision, focus, and the courage to step up to lead. Are you up to the challenge?

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TechCrunch LA

MARCH 29, 2021

This round values the startup, which was founded in January 2020, at $11 million post-money. Powering up. Can solid state batteries power up for the next generation of EVs? ” In January 2020, Terry quit her job and started ChargerHelp. The startup will begin its second recruitment round in April.

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socalTECH

DECEMBER 3, 2015

Oxnard-based Multisensory Fitness , a startup developing games which combine both cognitive (brain) training and physical exercise, said Wednesday that it has launched a new product called SMARTfit , which combines both physical and mental fitness exercises.

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Startup Professionals Musings

JULY 4, 2021

Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. While his book goes well beyond controlling waste as an element of growth and success, I was struck by how relevant the waste points are for every startup and every small business. Lack of communication.

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Startup Professionals Musings

APRIL 19, 2020

Investors will tell you that they love to put money into startups that are scalable, and ready to become the next unicorn. Investors don’t invest in services startups. Here are some pragmatic tips on how to make your startup more scalable and investable: If you need investors, start with a scalable idea.

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Both Sides of the Table

APRIL 3, 2014

Most technology startups seem to be funded by product people or business people. My first startup was no different. I had never had any sales training so everything we did for the first couple of years was instinctual. I had never had any sales training so everything we did for the first couple of years was instinctual.

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socalTECH

OCTOBER 1, 2010

Santa Barbara-based Mindflash.com , an online training platform site headed by former Mint.com Chief Marketing Officer Donna Wells, said this week that it has officially launched its online trianing platform. The firm says it is targeting small businesses, and offers a way to help those businesses provide employee training.

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socalTECH

AUGUST 29, 2016

The company went from a hot startup--with over $200M in sales and 400 employees--to bankruptcy, in less than two years. Fuhu was once the fastest growing startup in Los Angeles. Remember Los Angeles-based kids tablet maker Fuhu ? out of bankruptcy. READ MORE>>.

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Startup Professionals Musings

AUGUST 21, 2021

When you see startups like SpaceX and Pinterest grow from a low valuation to a billion dollars in just a few years, it’s easy to assume that if you just keep doing what you are doing, you can get there as well. Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk.

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socalTECH

MARCH 6, 2018

Do you have a startup idea, and a team, but no seed funding, and are even too early for an early stage startup accelerator? The program--which is taking applications here in Los Angeles until March 22nd--said it is looking for eight startups to include in a six week mentorship and training program. READ MORE>>.

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Startup Professionals Musings

APRIL 23, 2022

Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. For a startup, you don’t have a recognized brand to bring in the leads. Thus, the last thing you need as a growing startup is a “regular employee.”

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Startup Professionals Musings

DECEMBER 27, 2021

As an advisor to startups and entrepreneurs, I often hear the myth that all new businesses must start with a great idea. I believe the best entrepreneurs start by finding a large opportunity, and only then use good ideas to capitalize on that opportunity. I have to disagree. Find products that seem to fit together (bundle).

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Both Sides of the Table

SEPTEMBER 16, 2009

This post is part of my series “ Startup Lessons &#. Elephants, Deer and Rabbits – Some thoughts on start-up segmentation. I know that this advice won’t apply to every possible startup – but I think it applies to many. So when I started my first company I naturally went for elephants.

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Startup Professionals Musings

FEBRUARY 21, 2022

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.” One mistake to avoid in all cases is to dress up praise as a comparison to others , such as “You were the best speaker today.”

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Startup Professionals Musings

JULY 10, 2023

Here is a sampling of ten themes from the book that I think are just as relevant today as they were then: The reality of starting. Startup folks are like medieval monasteries: always convinced that paradise is just ahead or that things only recently got worse. Few people are trained for either, and most depend on their gut.

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Startup Professionals Musings

OCTOBER 31, 2021

Of course, we never see ourselves in this mode, yet we need to recognize that all humans see reality differently through a built-in set of “cognitive biases,” based on their own unique background of experiences, training, and mental state. In my experience, a great startup is more about great execution, rather than a great idea.

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Startup Professionals Musings

JUNE 27, 2020

Entrepreneurs inherently understand that they have to be the initial leader of their startup, but often they don’t have the experience or the training to know where their leadership competencies lie, or how to build a leadership team. Artists are perhaps the most creative and innovative leaders.

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socalTECH

DECEMBER 5, 2012

In an effort to bolster startups and entrepreneurs in the San Fernando, East Ventura and Santa Clarita Valleys, a group has just started a new Center for Entrepreneurship and Growth , which will provide training, coaching, consulting, and other resources for local entrepreneurs.

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socalTECH

DECEMBER 4, 2009

Hawthorne-based SpaceX , the commercial spacecraft startup started by Elon Musk, reported Thursday that it has hosted its first preliminary training for NASA astronauts, in preparation for the firm's first delivery of payload to the International Space Station. READ MORE>>.

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Startup Professionals Musings

JANUARY 8, 2021

Young entrepreneurs and startups, in particular, often remain naively unfocused, despite their passion, of what it takes to provide the high-quality service expected. It’s a tough job, and inexperienced entrepreneurs just don’t know where to start, and how to do it. Train and coach continuously. Set the tone and lead the way.

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Startup Professionals Musings

APRIL 23, 2023

After you have heard a few startup success stories, like Google, Facebook, and Microsoft, you may be tempted to invest some money yourself, maybe by pooling your funds with other investors who claim to have a great track record. My advice is to leave the investing in startups to the professionals (or friends and fools). By commission?

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Startup Professionals Musings

OCTOBER 4, 2020

One of the biggest impediments to starting a new venture is the “ terror barrier ,” as popularized by Bob Proctor, a 85-year-old millionaire and world renowned entrepreneur. If you want to be an entrepreneur and start a new business, you must be willing and able to break through your terror barrier. Work on one step at a time.

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socalTECH

SEPTEMBER 11, 2020

El Segundo-based The List , a startup which operates a matchmaking service for business professionals, is one of four, female-led startups which is part of Beta Boom , a startup accelerator focused on training traditionally overlooked founders, such as women and people of color.

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