Startup Professionals Musings

SEPTEMBER 3, 2023

More than ever before, people want to buy from, work for, and invest in companies that matter. Your company and team members have to be seen as going above and beyond to solve the problems of internal and external customers. Companies that matter focus beyond the buy/sell transaction view of the world.

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Berkonomics

OCTOBER 10, 2024

I cannot tell you how many times I have seen executive summaries of business plans in which the entrepreneur seeks $5,000,000 to build the business. The investors want a motivated entrepreneur, and it is certainly more difficult to motivate a twenty percent owner than a sixty percent owner. Four reasons you should reconsider.

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Startup Professionals Musings

FEBRUARY 5, 2023

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Funding and rollout stage.

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Startup Professionals Musings

JULY 12, 2021

Sometimes entrepreneurs are so focused on making change happen for customers that they forget that continually changing themselves and their company is equally important. Everyone and every company needs to continually learn from their experience and adapt to a changing world to thrive. “If Ignore the voices of dissent again.

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Startup Professionals Musings

AUGUST 27, 2022

Most entrepreneurs believe they are “different,” but they can’t quite understand how. The classic book, “ Hunting in a Farmer's World: Celebrating the Mind of an Entrepreneur ,” by serial entrepreneur and business coach John F. Dini makes the case that entrepreneurs are hunters, while the rest of us (large majority) are farmers.

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Startup Professionals Musings

AUGUST 25, 2021

In my role as mentor to business professionals, I often get the question about your potential of going out on your own as an entrepreneur, versus your current role of working for a boss at an established company. Fear of failure or significant risk has stymied many aspiring entrepreneurs, or ruined their health.

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Berkonomics

MARCH 18, 2021

Here’s the ultimate thing about entrepreneurism. Email readers, continue here…] I am often surprised at the inexperienced executive’s estimates of time to breakeven for a product or a company, about the time and cost to market, about the expense in overhead needed to stay in the game. first appeared on BERKONOMICS.

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Startup Professionals Musings

MAY 5, 2023

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Only one component of running a business is managing technology, but it is a critical component, so no entrepreneur can afford to ignore it or totally delegate it.

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Startup Professionals Musings

AUGUST 1, 2021

The best part of being an entrepreneur is having the independence to make your own decisions, the flexibility for a better work/life balance, and personal satisfaction from driving change. The road to business success is filled with challenges and frustrations that most aspiring entrepreneurs never even imagined.

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Berkonomics

OCTOBER 8, 2020

Most entrepreneurs quote a resource for market size but fail to then take the next step to eliminate all parts of that market unreachable by the company or product. But many decisions were made within my company walls, and surely by competitors, based upon those numbers. The post What is your biggest error in company planning?

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Startup Professionals Musings

FEBRUARY 27, 2023

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Access to entrepreneurs-in-residence, business mentors. Access to intellectual property and current research.

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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

JANUARY 7, 2023

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Perhaps the most famous bubble for startups was the dot.com craze that crashed 20 years ago, where the highest valuations were given to companies with massive user growth, but minimal revenue or profit. Fail fast and pivot.

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Startup Professionals Musings

NOVEMBER 14, 2021

Yet every business and every entrepreneur I know struggles with this challenge, focused on hiring the right people and implementing the right process. I was happy to see my own view reinforced in the classic book, “ Innovation Thinking Methods for the Modern Entrepreneur ,” by long-time entrepreneur and innovation expert Osama A.

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Startup Professionals Musings

MAY 18, 2022

Here are some key insights that I and others have collected for mature company leaders, as well as serial entrepreneurs. The current geopolitical tensions and the pandemic have and will continue to upset markets that were thought to be golden by many entrepreneurs and business owners.

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Startup Professionals Musings

AUGUST 2, 2021

New entrepreneurs routinely jump into a startup with a full charge of passion and energy, but often find themselves drained of both after a few months by the workload and challenges. Of course, this same challenge extends well beyond the entrepreneur, into all walks of life and work. These keys are meaning, interactions, and energy.

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Startup Professionals Musings

JULY 28, 2021

As an angel investor in early-stage startups, I’ve long noticed my peers apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity. Find and enjoy the company of one or more mentors.

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Startup Professionals Musings

JULY 9, 2021

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you, and demonstrating your readiness.

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Berkonomics

DECEMBER 6, 2018

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Stories of the selfish entrepreneur. Does a “good heart” diminish the chances of success?

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TechCrunch LA

AUGUST 8, 2020

Watt, who came to MoviePass as an entrepreneur in residence at True Ventures, previously founded the brand and product placement startup NextMedium and also spent time as a board partner at Upfront Ventures. Now, the serial entrepreneur and startup investor is combining his two career paths under the auspices of Share Ventures.

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Startup Professionals Musings

AUGUST 28, 2023

As a mentor to aspiring entrepreneurs, and having graduated from a big company myself, I talk to many people who have spent years struggling up the corporate ladder who dream of jumping ship and becoming an entrepreneur. Entrepreneurs must be the model of personal empowerment in their new venture. Marty Zwilling

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Startup Professionals Musings

SEPTEMBER 23, 2020

A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. Both provide entrepreneurial “head start” programs for aspiring entrepreneurs, free legal guidance, and access to experienced staff members.

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Startup Professionals Musings

MARCH 13, 2021

Many years ago, John Hamm published some definitive work on this subject in " Why Entrepreneurs Don't Scale " in the Harvard Business Review. This is generally a required quality for a successful entrepreneur, but it can turn into an unhealthy stubbornness during the scaling stage. Trusting your gut at this stage isn’t good enough.

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Startup Professionals Musings

JULY 11, 2022

Some people are not cut out to be entrepreneurs. How do you know if you should be running your own company, or concentrating on that queue of work that someone else has built for you? I’ve hit this before, but I still hear from too many unhappy entrepreneurs. Entrepreneurs have a "never, never, never quit" attitude.

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SoCal Tech Calendar

APRIL 4, 2018

Friday, April 6, 2018 -- International Entrepreneur Rule. Why it matters: 51 percent of our nation's $ 1 billion + VC backed companies have at least one immigrant founder. This shows the importance of immigrant entrepreneurs to the US economy. What is it? Why does it matter? And where does it stand? MAKE IN LA AND LUMA LAUNCH.

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Startup Professionals Musings

FEBRUARY 4, 2022

It’s a special mix of entrepreneur and company, regular in every respect except for having the courage and foresight to make an idea happen that was supposed to be impossible. As an entrepreneur in a startup, how do you know if you have this potential, and what are the steps to get from an innovation to a revolution?

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Entrepreneur Technology Examples Ideas 136

socalTECH

AUGUST 26, 2014

Los Angeles-based The Honest Company , the online, family products retailer led by serial entrepreneur Brian Lee, and which was co-founded by Jessica Alba, has raised $70M in a funding round, according to the company Tuesday. The funding brings the company''s total raised to $122M. READ MORE>>.

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SoCal Tech Calendar

OCTOBER 12, 2020

Thursday, October 15, 2020 -- Pepperdine Most Fundable Companies Showcase 2020. Now in its third year, the Most Fundable Companies competition has grown to over 4,500 companies, and for the first time attracted startups from all 50 U.S. Learn more during the event.

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Startup Professionals Musings

AUGUST 30, 2021

Therefore, the least you can do is take advantage of some of the self-assessment tools and guides around, like the classic book “ The Entrepreneur Equation ,” by Carol Roth, which highlights personal characteristics and skills required. It helps to work in a similar company before you start your own. Take stock of whom you know.

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Startup Professionals Musings

SEPTEMBER 19, 2021

In fact, only 100 of the 10,000 multimillion-dollar consumer companies around the world can claim to be an “apostle brand” – one that inspires enduring trust, loyalty, and endorsement. I found some eye-opening insights in the classic book, “ Rocket: Eight Lessons to Secure Infinite Growth ,” by The Boston Consulting Group.

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SoCal Tech Calendar

SEPTEMBER 10, 2018

Saturday, September 15, 2018 -- First Time Entrepreneur Workshop. LAVA is extremely pleased to announce its next First Time Entrepreneur training program. The program is open to entrepreneurs that are starting companies in areas that are likely to draw venture capital investment.

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LAVA Entrepreneur Training Venture Capital 100

Berkonomics

JANUARY 24, 2019

Entrepreneurs tend to remain in the business niche they know best. Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Are you one of those? The obvious admonition. Digital or analog!

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Companies Company News Startup 120

Berkonomics

JANUARY 24, 2019

Entrepreneurs tend to remain in the business niche they know best. Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Are you one of those? The obvious admonition. Digital or analog!

Companies 120

Companies Company News Startup 120

SoCal Tech Calendar

OCTOBER 7, 2018

Saturday, October 13, 2018 -- Caltech Entrepreneurs Forum - Longevity. Yet if even one company succeeds, the social and financial impact will be huge. Approaches to enhancing healthspan range from drug discovery efforts to big-data methods and direct-to-consumer (DTC) strategies.

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CalTech Entrepreneur Southern California Resource 100

Startup Professionals Musings

JULY 31, 2020

As an angel investor in startups, I’m a believer that smart investors invest more in you as the entrepreneur than the next billion dollar solution you are pitching. Even if you are still in school, and never started a company before, strong entrepreneur candidates can point to projects they initiated, led, that produced significant results.

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Startup Professionals Musings

NOVEMBER 3, 2021

Starting and building a company is all about leadership – formulating an idea, building a unique plan based on vision and experience, and forging a path over and through all obstacles. In this fashion the general leadership deficit is really an “opportunity” for new aspiring entrepreneurs in business.

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Startup Professionals Musings

JULY 17, 2023

I know that dates me a good bit, but it also shows that I have been hanging around startups and big companies for a long time. In retrospect, however, Bill Gates did a lot of things right as a startup that I still look for today in aspiring entrepreneurs and their companies: Build a strong team.

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