Startup Professionals Musings

SEPTEMBER 19, 2022

Every entrepreneur believes that their product or service is memorable, and that every customer will quickly see the advantage over competitors. Differentiation is still a key requirement for a successful startup rollout, and but it must be sustainable to keep ahead of new competition. Marty Zwilling.

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Startup Professionals Musings

AUGUST 30, 2019

What every entrepreneur needs more than anything else, after they have built an innovative new product or service, is visibility, credibility, and trust by customers, potential employees, and future business partners. Key value elements of a good book include the following: Publishing a book defines you as an influencer and authority.

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InfoChachkie

MARCH 10, 2014

Mr. Brown''s aphorisms eventually evolve into twenty one books, including four New York Times bestsellers. With Life''s Little Instruction Book , Mr. Brown became the first author to simultaneously hold the number one positions on both of the NYT''s hardback and paperback lists. Brown''s musing are anachronisms (e.g., "Don''t

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Berkonomics

MARCH 25, 2012

There are many ways to project the value of a company for purposes of pricing an investment, but all rely upon the revenue and profit projections of the entrepreneur as a starting point. Strategic relationships (reducing market risk and competitive risk) $1/2 million. Email readers, continue here.]

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InfoChachkie

AUGUST 4, 2014

In fact, for the past 27-years, he has specialized in bringing exotic travel destinations to those of us who are healthy and active but whose competitive sporting days are long behind us. If you enjoy snarky, clever prose, you should check out Chuck''s book. Ever fantasized about climbing Mt. but we don''t. How have you made it work?

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Startup Professionals Musings

NOVEMBER 25, 2019

Both are required to stay competitive. An exception is the classic book by Alison Maitland and Peter Thomson, “ Future Work: Changing Organizational Culture for the New World of Work ,” which offers some real insight on this subject. Measuring results in itself is not new.

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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. Yet the average perception of customer experience has not improved.

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Startup Professionals Musings

SEPTEMBER 6, 2020

I recognized this as I was reading the classic book, ” The Only Sales Guide You’ll Ever Need ,” by Anthony Iannarino, who is an international sales leader and expert on optimizing results. His focus is on sales, but I see the same skills needed for entrepreneurs. Diagnosing and understanding the customer problem.

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Startup Professionals Musings

SEPTEMBER 13, 2021

You can’t survive as an entrepreneur without resilience, because you are going to fail at least once, maybe multiple times. If you need more evidence that great entrepreneurs survived through resilience, just look into the backgrounds of more recent entrepreneurs like Steve Jobs, Bill Gates, and Elon Musk. Then they get it done.

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Startup Professionals Musings

MAY 23, 2021

Anyone who works with entrepreneurs will tell you that all are different. I’ve always wondered if there was some way that I could quickly deduce a new entrepreneur’s “sweet spot,” and optimize my mentoring to those strengths and weaknesses, maybe similar to the Myers-Briggs type indicator for business professionals. Opportunist.

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InfoChachkie

SEPTEMBER 19, 2012

After reading this book, Ben, Sid and Taylor realized they could do the same thing and become their own bosses. Each week he brought in passionate and successful entrepreneurs to speak to his students and give advice about the different facets of creating a startup.

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InfoChachkie

NOVEMBER 24, 2014

Given the book''s commercial success, I had high hopes. When I later learned that Mr. Greeene wrote the book while struggling to suceed as a Hollywood screenwriter, I wasn''t surprised. A more accurate title for the book is: 48 Ways To Be A Worldclass Douchebag. Sadly, I was disappointed by Greene''s Machiavellian cynicism.

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Startup Professionals Musings

MAY 31, 2020

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. Is it any wonder why so few entrepreneurs ever find the professional investors they seek? Opportunity segmentation and competitive environment.

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Both Sides of the Table

MARCH 30, 2011

The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do. This benefits you, the entrepreneur. It takes options off of the table.

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Startup Professionals Musings

DECEMBER 7, 2019

Thus, in my consulting with entrepreneurs, I always encourage them to get more comfortable asking for help. I found some good guidance on this subject in a new book, “ The Leader You Want To Be ,” by Amy Jen Su, a managing partner in an executive coaching and leadership development firm.

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Startup Professionals Musings

APRIL 8, 2022

Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business. In the classic book “ The Entrepreneur Mind ,” from serial entrepreneur Kevin D. Johnson, he outlines 100 essential beliefs, insights, and habits of serious entrepreneurs.

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Startup Professionals Musings

JANUARY 17, 2020

Although most people believe that being a successful entrepreneur is all about having the right idea, I’m convinced from my years of experience as a startup advisor and investor that’s it’s more about you as a person. The key points are comparable to those involved in branding a business, as outlined in the new book, “ Be Different!:

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Startup Professionals Musings

MARCH 27, 2020

As a startup advisor, I see many aspiring entrepreneurs whose primary motivation seems to be to work part time, or get rich quick, or avoid anyone else telling them what to do. Yet, for those with more realistic expectations and the right motivation, the entrepreneur lifestyle can be the dream life you envisioned. Marty Zwilling.

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InfoChachkie

JANUARY 25, 2018

They soon learn that they are entrepreneurs who will launch a magical venture that involves a restorative meal, a communal celebration and reassurance that better days are ahead. Every entrepreneur is faced with making something out of nothing. Dishonest entrepreneurs are unsuccessful in the long run. The Prototype.

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Startup Professionals Musings

JANUARY 7, 2023

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. More than one smart entrepreneur has been caught in the lofty lifestyle of big money investors, viral growth, and movie star status. A smart entrepreneur learns to embrace failure as a badge of learning that provides a competitive edge.

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Startup Professionals Musings

OCTOBER 4, 2021

I just remember the classic book, “ The Strategic Leader’s Roadmap ,” by Harbir Singh and Michael Useem from the Wharton School, which provides some specific steps along the way. I believe these steps are especially critical to the success of entrepreneurs who are rolling out new businesses today. Competitive and leadership leverage.

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Startup Professionals Musings

FEBRUARY 14, 2021

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos.

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Startup Professionals Musings

DECEMBER 11, 2019

There are many books written on this subject, but this classic by Chris Ducker, “ Virtual Freedom ,” manages to pack a lot more practical guidance into a small space that many others I have seen. Some entrepreneurs get outsource-happy to save costs and begin outsourcing everything and anything that lands on their desks.

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Startup Professionals Musings

JUNE 25, 2021

It seems like everyone wants to be an entrepreneur and get rich these days. As an example of a good resource, I enjoyed the classic book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. Find out if something very similar is already selling, and who your competition would be if you proceed.

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Startup Professionals Musings

JULY 10, 2023

Most of the time, I’m all about providing encouragement and inspiration to entrepreneurs. They need it and they deserve it, because entrepreneurs are the lifeblood of our economy. 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.

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Berkonomics

NOVEMBER 21, 2024

There are many ways to project the value of a company for purposes of pricing an investment, but all rely upon the revenue and profit projections of the entrepreneur as a starting point. Images created using DALL-E 3 with the prompt: “Stack of books in a library with the top book titled “The Berkus Method.”

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Berkonomics

JUNE 8, 2017

Dave’s book and ebook on raising money available on Amazon.com. However, most often, these funds are solicited by a well-meaning entrepreneur from investors who are not qualified as accredited investors under the law (currently requiring a proved income of $200,000 a year or $1 million in net worth for an individual investor).

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Both Sides of the Table

JULY 9, 2012

Many through history became entrepreneurs precisely because they were unemployable. He is profiled in my favorite book about ADHD, Delivered From Distraction , where the author talks about high-performance ADHD professionals. He had a philosophy that the future competition for startups would be design led and based on data analysis.

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Startup Professionals Musings

JULY 4, 2021

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. Gray, titled “ Business Techniques for Growth.” In the startup world, this is often seen as a lack of focus.

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Both Sides of the Table

DECEMBER 27, 2011

” I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra. I have had this discussion with many a first-time entrepreneur. If you don’t, somebody else WILL!”

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Startup Professionals Musings

DECEMBER 19, 2022

As a startup advisor, I see many aspiring entrepreneurs whose primary motivation seems to be to work part time, or get rich quick, or avoid anyone else telling them what to do. Yet, for those with more realistic expectations and the right motivation, the entrepreneur lifestyle can be the dream life you envisioned. Marty Zwilling.

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Startup Professionals Musings

SEPTEMBER 30, 2019

Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. My conclusion either way is that they have no market, or haven’t looked.

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Both Sides of the Table

SEPTEMBER 10, 2021

And there is so much money around being thrown at so many entrepreneurs that many firms don’t even care about board seats, governance rights or heaven forbid doing work with the company because that would eat into the VCs time needed to chase 5 more deals. And the truth is that several entrepreneurs prefer it this way.

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Both Sides of the Table

NOVEMBER 29, 2014

This week I wrote about obsessive and competitive founders and how this forms the basis of what I look for when I invest. I had been thinking a lot about this recently because I’m often asked the question of “what I look for in an entrepreneur when I want to invest?” I normally finish with my soap box speech.

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Berkonomics

DECEMBER 7, 2017

Entrepreneurs will have a relative willing to devote time, a school friend with business experience, professionals who charge for the service, investors with a reason to promote your success and more. Original 1994 book. Business coaches come in all sizes and shapes. Photo courtesy IBM Business Coaching.

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Berkonomics

JULY 5, 2018

Dave’s book on exits. Accepting venture or angel money is to create a contract between the investors and the entrepreneur that the business will someday be sold or even go public to create an exit for the investors. Then again, you may be an architect or doctor or other professional managing your.

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Startup Professionals Musings

NOVEMBER 9, 2020

Most entrepreneurs relish being their own boss, but find the transition to “ownership thinking” to be more difficult than anticipated. Incidentally, if you never thought of yourself as being an A-Player employee, you probably will struggle even more in the competitive entrepreneur world.

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