Startup Professionals Musings

SEPTEMBER 22, 2023

It must be understandable, written down, and verifiable, with regular measurements and metrics to make it real, benchmarked against the competition. Leaders have found that keeping everyone on top of changes in technology, competition, and customer demands is critical to success. Make your service deliver process “happy.”

Competition 99

Competition Services Startup Training 99

Berkonomics

MARCH 25, 2021

Know the cost to move from your existing platform and estimate the switching costs for moving from a competitor’s product or service to yours. They accompanied the letter with a customized gift of their product that contained the logo and name of the college where they knew I was a trustee. first appeared on BERKONOMICS.

Competition 156

Competition Customer Custom Email 156

Startup Professionals Musings

JULY 14, 2023

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Way back in 1979, Michael E.

Competition 88

Competition Startup Framework Pricing 88

socalTECH

DECEMBER 7, 2020

Los Angeles-based XPRIZE said today that it has launched a new competition, the XPRIZE Feed the Next Billion competition. According to XPRIZE, the new competition is being supported by The Tony Robbins Foundation and The Good Food Institute, and aims to challenge teams to developing new chicken and fish alternatives.

Competition 113

Competition Research Los Angeles Funding 113

Startup Professionals Musings

MAY 27, 2022

In my experience as a business advisor, most organizations, large and small, struggle to keep up with the pace of change and competitive forces today. A question I often get is how to transform that overall team into a smooth-running machine that will keep up with the pace of market change, and competition in today’s world.

Competition 136

Competition Resource Startup Organization 136

Berkonomics

AUGUST 2, 2018

There can be nothing more important in your business planning that selecting the proper pricing niche, making your story clear using that niche, and the defending your position against the competition. Assume that you are not an Internet retailer with many competing products to sell. What competition would you face?

Pricing 226

Pricing Competition Examples Class 226

Startup Professionals Musings

JANUARY 18, 2023

In this context, even “satisfied” is only a “meets-minimum,” and does not put you ahead of your competition. With pervasive access to social media, customers no longer differentiate poor product repair and replacement from a poor shopping experience or customer usage satisfaction. This results in more profits and growth for you.

Competition 109

Competition Services Customer Custom 109

socalTECH

APRIL 20, 2021

Los Angeles-based XPRIZE says it has named two winners in its $20M, NRG COSIA Carbon XPRIZE competition. The competition challenged teams to convert CO2 emissions into valuable products. According to XPRIZE, it has awarded two companies--CarbonCure Technologies and CarbonBuilt, both working on ways to decarbonize concrete.

Competition 113

Competition UCLA Los Angeles Startup 113

Startup Professionals Musings

JUNE 2, 2021

In case you hadn’t noticed, the key elements of a competitive advantage for your business have changed as businesses move online, and your domain is instantly global. As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today.

Competition 142

Competition Software Review Social Media Customer 142

Startup Professionals Musings

DECEMBER 14, 2019

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Competition 120

Competition Patents Resource Invest 120

Both Sides of the Table

NOVEMBER 25, 2014

He wants to compete to be the lead drummer in the competitive ensemble and study under Terence, an obsessive instructor who is hell bent on winning competitions for the school. But the film has my brain buzzing all week about obsessive and competitive people. I absolutely loved the film. I loved the music. We revere musicians.

Competition 394

Competition Startup Writing Marketing 394

Startup Professionals Musings

OCTOBER 24, 2020

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Way back in 1979, Michael E.

Competition 151

Competition Startup Framework Pricing 151

Startup Professionals Musings

JUNE 15, 2020

As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition. Every business area has competition and every customer has alternatives, so a smart entrepreneur needs to acknowledge these as a positive in defining a big market, and position the features of a new solution in this context.

Competition 125

Competition Entrepreneur Patents Customer 125

Startup Professionals Musings

MAY 26, 2023

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. The cost of any new product these days must include education and rollout marketing, perhaps equal or greater than the development costs.

Product 141

Product Services Technical Review Artificial Inteligence 141

SoCal Tech Calendar

FEBRUARY 13, 2019

Tuesday, February 19, 2019 -- Seed Stage Startup Pitch Competition. startups and entrepreneurs pitch on stage for product, business model, and investing feedback, and one winner will take home a valuable prize package. Startup Coil. See [link] (more)

Competition 100

Competition Startup Entrepreneur Invest 100

Startup Professionals Musings

MARCH 3, 2023

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 112

Product Summary Activity Entrepreneur 112

Berkonomics

APRIL 11, 2019

An entrepreneur pitches using a deck with no slide for competition. We have no competition.”. It could be that a larger competitor has met with its customers, promising to extend its product line into this very niche. We investors see this all the time. When asked (as we always do,) the response is “This is new.

Competition 120

Competition Slides Research Sales 120

socalTECH

MAY 16, 2019

According to XPRIZE, it decided to split the top $10M award in the competition between two winners-- Kitkit School , which has developed a learning program using a "game-based core"; and onebillion , a developer of "numeracy content" and literacy material. READ MORE>>.

Marina Del Rey 113

Marina Del Rey Competition Education Writing 113

Startup Professionals Musings

DECEMBER 19, 2020

Studies of software teams, for example, show differences as great as ten to one in productivity between working team members. Much has been written about the external influences of office environments, motivation, and personal health impacts, but I see evidence that there are personal productivity tactics that contribute just as much.

Product 173

Product Activity Study Email 173

InfoChachkie

DECEMBER 16, 2013

Tracy DiNunzio, Founder and CEO of Tradesy , recently shared her insights regarding the best approach for entrepreneurs to address competition. Tracy addressed the issue of competition head on, telling the largely student audience, "As I started to think about launching Tradesy, I looked around and there was a lot of competition but.

Competition 254

Competition SaaS Santa Barbara Entrepreneur 254

Startup Professionals Musings

APRIL 4, 2021

The real solution is better productivity and less procrastination, to put you back in control of your business. Jan Yager, a recognized expert on the subject of time management, addressed this issue in the classic edition of her book, “ Work Less, Do More: The 14-Day Productivity Makeover.” Rest makes you more productive.

Product 153

Product Email Customer Custom 153

socalTECH

JULY 1, 2013

VIMBY , the Los Angeles-based, online production studio created by Mark Burnett, is powering a new entrepreneurship competition from Walmart, the Get On The Shelf crowdsourcing competition. Walmart said that it will select up to 20 product finalists who will be featured in that original, weekly web series. READ MORE>>.

Competition 147

Competition Hollywood Web Product 147

Startup Professionals Musings

AUGUST 12, 2019

Most entrepreneurs are quick to assert to potential investors that their product or solution will kill the competition, but unfortunately your opinion alone is not enough to convince most experienced investors. A competitive advantage to a non-problem or tiny niche is not interesting to investors.

Competition 86

Competition Patents Startup Customer 86

Startup Professionals Musings

OCTOBER 4, 2021

When customers are excited, your team becomes more engaged and productive. Competitive and leadership leverage. A good strategy provides opportunities for internal actions and leaders to optimize and extend a firm’s competitive advantage. Customer and employee value propositions.

Competition 110

Competition Sales Customer Custom 110

socalTECH

APRIL 3, 2015

San Diego-based Qualcomm said Thursday that it is doubling the size of its QPrize annual investment funding competition, and will now award $250,000 in convertible note financing to regional winners, with an additional $250,000 to grand prize winners. This will be the fifth year of the competition. READ MORE>>.

Competition 100

Competition San Diego Venture Capital Invest 100

Both Sides of the Table

MARCH 11, 2011

He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. He thought, “This way any product you launch you can talk instantly with and get feedback from customers.&# They would give companies $250,000 to launch their products.

Competition 350

Competition Idealab Product CitySearch 350

Startup Professionals Musings

DECEMBER 24, 2022

In her classic book, “ Rookie Smarts ,” Liz Wiseman, one of the top thought leaders in business, amplifies this point as it relates to hiring and cultivating the curious, flexible, youthful mindset in keeping a mature company young and competitive, as well as keeping experienced employees more productive.

Competition 102

Competition Company Companies Startup 102

Startup Professionals Musings

JANUARY 30, 2021

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different.

Product 159

Product Technical Review Pricing Software Review 159

SoCal Tech Calendar

MAY 30, 2019

Wednesday, June 5, 2019 -- ACG101's 3rd Annual Emerging Growth Pitch Competition and Showcase. On June 5th, we're showcasing a select group of Greater-Los Angeles's finest startups in an event you won't want to miss. See [link] (more)

Competition 100

Competition SoCal Southern California Los Angeles 100

socalTECH

DECEMBER 5, 2018

Goleta-based semiconductor Transphorm , which designs and manufactures gallium nitride (GaN) semiconductors, says its technology has been used in a new product from Inergy. Inergy's products are targeted at the consumers and professional markets, including those in construction, emergency services, and industrial markets.

Product 133

Product Design Competition Marketing 133

Startup Professionals Musings

MARCH 11, 2020

Another example is Facebook , maintaining motivation with food, stock options, collaborative office space, an on-site laundry, and a competitive atmosphere that fosters personal growth and learning with great benefits. Investors have long agreed that you invest in the team, more than the product. Start today. Marty Zwilling.

Product 129

Product Examples Mentor Activity 129

Startup Professionals Musings

JUNE 26, 2020

For the rest of us, we need a business plan, as well as a product plan. Some of you may be convinced that your product specification communicates the product message even better than a business plan, so why be redundant? Professional investors and even customers invest in people, rather than just a product.

Product 169

Product Summary Startup Examples 169

socalTECH

JUNE 9, 2014

Los Angeles-based online advertising technology developer OpenX Technologies said this morning that it has launched a new product, the OpenX SSP (Supply Side Platform). OpenX said that such customers as YP, TVGuide.com, and the New York Observer are already using the product.

OpenX 159

OpenX Product Advertising Demand 159

Startup Professionals Musings

NOVEMBER 25, 2019

Both are required to stay competitive. Reward shorter hours of high productivity. Peer pressure keeps productivity standards high. Encourage people to work where and when they are most productive. Encourage people to work where and when they are most productive. Bring your own device to work (BYOD).

Competition 127

Competition Case Study Platform Yahoo 127

Startup Professionals Musings

APRIL 20, 2022

Foster collaboration rather than competition. Relationships are key to happiness and productivity. You are the key to all of these constituents working together to win, especially in an increasingly competitive world. Sometimes the last thing you need are people who always say “yes.”

Product 109

Product Training Customer Custom 109

socalTECH

AUGUST 28, 2018

Los Angeles-based online electronics retailer Newegg says it is launching a new promotion it calls "Smart September", with a new focus on smart home products. The company said it will focus on such areas as voice controllers; DIY smart security products; smart energy saving devices; and home automation for the holidays. READ MORE>>.

NewEgg 100

NewEgg Product Social Media Competition 100

Startup Professionals Musings

AUGUST 10, 2020

Even if your company doesn’t sell high-tech products, like Zappos sells shoes, having and using the right technology in the business, for distribution, marketing, and customer support, can easily make the difference between winning and losing in today’s high-tech world.

Competition 174

Competition High Tech Startup Social Media 174