Startup Professionals Musings

AUGUST 10, 2020

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.

Competition 174

Competition High Tech Startup Social Media 174

Startup Professionals Musings

DECEMBER 11, 2022

After many years of working with angel investors seriously trying to find new ventures worthy of their hard-earned money, I find their frustration often exceeds that of entrepreneurs sincerely looking for financial help. They are not interested in research and development, or funding at the idea stage. Lack of intellectual property.

Entrepreneur 108

Entrepreneur Invest Funding Patents 108

Berkonomics

JULY 3, 2024

With newfound freedom to make independent decisions about finding a company name, where to locate the company, whether to lease an office or start from home, how to engage talent, even whether to provide free coffee to employees, The newly minted entrepreneur can only think of positive thoughts and great outcomes.

Startup 156

Startup Hollywood Writing Press 156

Startup Professionals Musings

DECEMBER 13, 2021

In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Remember that being an entrepreneur is all about starting and running a business, after the initial invention.

Satisfaction 135

Satisfaction Entrepreneur Startup Mentor 135

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. First of all, you need some convincing market research that your solution addresses a real and growing problem.

Competition 86

Competition Patents Startup Customer 86

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.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Berkonomics

APRIL 19, 2012

Professional investors laugh when they hear an entrepreneur state, “We have no competition.” It is a failed litmus test for the entrepreneur, even if the plan is for a totally new device or service that could take the world by storm. The statement shows a lack of research or previous thinking that is a red flag for investors.

Competition 189

Competition Slides Sales Ideas 189

Startup Professionals Musings

SEPTEMBER 13, 2014

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements about them to their own team, investors and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition.

Competition 107

Competition Entrepreneur Patents Customer 107

Berkonomics

JULY 6, 2017

Know your market and competition, or don’t spend a dime on anything else. Well, here is one of those, and it deals with market research first and foremost. Here’s where some intelligent market research might have saved the company and my investment. In this case, the competition was not from a company but a new technology.

Competition 266

Competition Research Summary Pricing 266

Startup Professionals Musings

SEPTEMBER 2, 2019

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. These points may sound obvious, but the process is certainly contrary to the popular “shoot from the hip” approach that is practiced by some entrepreneurs. The team is the same.

Entrepreneur 92

Entrepreneur Ideas Research Demand 92

Startup Professionals Musings

FEBRUARY 7, 2020

Even though I’m a big proponent of becoming an entrepreneur, it is definitely not for everyone. In my view, entrepreneur roles need to be planned carefully rather than made on the spur of the moment. Adopt the Silicon Valley entrepreneur family model. Test your entrepreneur instincts through crowdfunding.

Sample 126

Sample Entrepreneur Ideas Startup 126

Startup Professionals Musings

DECEMBER 11, 2019

He is regarded by many as the number-one authority on virtual staffing and personal outsourcing, and is himself a successful entrepreneur based in the Philippines. I was impressed with his summary of the top ten outsourcing mistakes made by entrepreneurs, followed by real guidance on how they can and should be avoided. Be flexible.

Outsource Development 121

Outsource Development Outsource Entrepreneur Summary 121

InfoChachkie

SEPTEMBER 27, 2018

MBA’s are an easy target for entrepreneurs’ scorn. I too have taken shots at MBA’s, describing why they are not typically well suited for startup life in Why Entrepreneurs Hate (Most) MBAs. My contrarian nature sparked, I began researching MBA led startups. Situationally, MBA’s Can Be Effective Entrepreneurs.

Entrepreneur 113

Entrepreneur Allegis Startup Competition 113

Startup Professionals Musings

SEPTEMBER 14, 2019

In my years of mentoring entrepreneurs, a problem I have seen too often is low self-esteem, and over-compensating through arrogance and ego. These entrepreneurs find it hard to respect customers or team members, and their ventures usually fail. Identify and redirect unhealthy competition and comparisons.

Entrepreneur 98

Entrepreneur Startup Satisfaction Competition 98

Startup Professionals Musings

JUNE 4, 2022

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. These points may sound obvious, but the process is certainly contrary to the popular “shoot from the hip” approach that is practiced by some entrepreneurs. The team is the same.

Ideas 155

Ideas Entrepreneur Research Demand 155

Startup Professionals Musings

MAY 2, 2022

Most of the entrepreneurs and business owners I work with recognize that they must occupy and practice a primary leadership position , but many will admit that they are not thriving in this role. Embrace the real you as your competitive advantage. This is a tough challenge for every coach and mentor.

Entrepreneur 90

Entrepreneur Satisfaction Coach Mentor 90

Startup Professionals Musings

SEPTEMBER 9, 2019

On the other hand, everyone wants to be an entrepreneur. His focus is on entrepreneurs in America, but what he says applies to every other country as well. This next frontier lies in building enterprises as an entrepreneur, rather than waiting for innovation and opportunity from large corporations.

Entrepreneur 87

Entrepreneur Offshore Technical Review Outsource 87

Startup Professionals Musings

SEPTEMBER 19, 2022

Winning customers as an entrepreneur in a startup has many parallels to a young army trying to penetrate some formidable new and unfamiliar territory. A smart general going into battle always does the research first on the lay of the land, including critical high points that have the most value, before charging into the fray.

Startup 146

Startup Resource Entrepreneur Training 146

Startup Professionals Musings

FEBRUARY 9, 2015

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. These points may sound obvious, but the process is certainly contrary to the popular “shoot from the hip” approach that is practiced by some entrepreneurs. The team is the same.

Entrepreneur 105

Entrepreneur Ideas Research Demand 105

Startup Professionals Musings

AUGUST 4, 2019

Yet I see many technology entrepreneurs that focus on the basics of marketing too little and too late. Learn to speak a new customer-specific dialect based on current research and homework. Many entrepreneurs fear giving away their very best insights, strategies, or tools via social media – it might diminish the demand and the profit.

Marketing 97

Marketing Entrepreneur Startup Technical Review 97

Tech Zulu Event

JULY 14, 2014

Drawing from the UK Seed Enterprise Investment Scheme (SEIS) experience, US Senator Chris Coons will talk about the version of the Research & Development tax credit bill he sponsored on August 8 in New York City. All engaged parties indulge in progressive research and development, which is the pillar of economic prosperity.

Research 88

Research Invest Develop Development 88

Berkonomics

OCTOBER 28, 2021

The biggest mistake many corporate marketers, entrepreneurs and even investors make in the initial stages of planning – overstating the size of the (SOM) serviceable obtainable market. Be sure you can back up your claim with some form of research, then work to perfect the differentiation you offer against the competition.

.Net 156

.Net Statistics Marketing Research 156

Startup Professionals Musings

JANUARY 28, 2023

Why do a few entrepreneurs, like Steve Jobs and Elon Musk, seem to come up with all the real innovations, while the majority of business leaders seem stuck in the rut of linear thinking? He connects breakthrough thinking to four initiatives, which I believe every entrepreneur should practice: Questioning deeply-held beliefs and assumptions.

Startup 128

Startup Entrepreneur Tool Ideas 128

socalTECH

SEPTEMBER 5, 2014

Los Angeles-based XPRIZE , which runs a number of prize-based competitions for developing technology, has named eighteen teams for its $2 million, Wendy Schmidt Ocean Health XPRIZE , including two local teams. The groups will go on to submit their technology to affordably and accurately measure ocean acidification.

Thousand Oaks 138

Thousand Oaks Artificial Inteligence San Diego Research 138

Startup Professionals Musings

APRIL 28, 2023

Entrepreneurs seem to have blinders on when looking at competitors. Strategic partnerships in this context can take the form of joint ventures, intellectual property licensing, outsourcing agreements, or even cooperative research. Expand core competency and solidify strengths. Both partners must not forget they are still competitors.

Startup 105

Startup Outsource Competition Entrepreneur 105

Tech.Co

OCTOBER 16, 2024

Galaxy Grant Giveaway For: Minority and women entrepreneurs Grantor: Galaxy of Stars and Hidden Star Amount: $2,250 501(c)(3) nonprofit Hidden Star and its community for entrepreneurs Hidden Star have teamed up for the eight-year for their 2024 Galaxy Grant Giveaway. Deadline: October 31 Learn more and apply here 2.

Technical Review 163

Technical Review Technical Advisors Design News 163

Startup Professionals Musings

JUNE 15, 2014

Winning customers as an entrepreneur in a startup has many parallels to a young army trying to penetrate some formidable new and unfamiliar territory. A smart general going into battle always does the research first on the lay of the land, including critical high points that have the most value, before charging into the fray.

Entrepreneur 119

Entrepreneur Resource Training Competition 119

Startup Professionals Musings

MAY 30, 2020

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 intellectual property and current research. Access to entrepreneurs-in-residence, business mentors.

Class 124

Class Startup Resource Mentor 124

Tech.Co

SEPTEMBER 6, 2024

According to research from Goldman Sachs, 77% of small businesses are currently concerned about their ability to access capital – but it’s not a lost cause. If you’re currently stressed about your business’s finances, you’re not alone. 🌎 Or appear as if you're in another country?

Design 146

Design Startup News Competition 146

Startup Professionals Musings

FEBRUARY 10, 2023

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Reverse due diligence on the investor is a comparable process whereby the entrepreneur seeks to validate the track record, operating style, and motivation of every potential partner.

Technical Review 138

Technical Review Startup Innocal Offshore 138

Startup Professionals Musings

APRIL 15, 2022

Entrepreneurs looking to innovate need to understand the execution challenge if they expect their startup to carve out a profitable niche in the marketplace, and keep innovating to build and maintain a sustainable competitive advantage. Entrepreneurs need it to start, and established companies need it to survive.

Ideas 135

Ideas Startup Resource Research 135

Startup Professionals Musings

FEBRUARY 25, 2015

Why do a few entrepreneurs, like Steve Jobs and Elon Musk, seem to come up with all the real innovations, while the majority of business leaders seem stuck in the rut of linear thinking? He connects breakthrough thinking to four initiatives, which I believe every entrepreneur should practice: Questioning deeply-held beliefs and assumptions.

Entrepreneur 102

Entrepreneur Startup Tool Ideas 102

Startup Professionals Musings

JULY 28, 2018

Every entrepreneur believes in their heart that their startup is more innovative and creative than their competitors. A classic study based on intensive research, “ The Myths of Creativity ,” by David Burkas tries to demystify the processes and forces that drive innovation. Expert myth. Brainstorming myth. Constraints myth.

Competition 51

Competition Research Ideas Incubator 51

Startup Professionals Musings

APRIL 22, 2017

I know entrepreneurs who have suffered from premature execution often associated with the ready-fire-aim quick-to-market approach. The ready-aim-fire traditional approach works best in more mature markets, where your strategy is to add features and value to competitive products, or address an underserved new segment of the marketplace.

Marketing 54

Marketing Research Technical Review Entrepreneur 54

Startup Professionals Musings

MARCH 4, 2015

In my years of mentoring entrepreneurs, a problem I have seen too often is low self-esteem, and over-compensating through arrogance and ego. These entrepreneurs find it hard to respect customers or team members, and their ventures usually fail. Identify and redirect unhealthy competition and comparisons.

Entrepreneur 102

Entrepreneur Startup Satisfaction Competition 102

Startup Professionals Musings

MAY 17, 2013

For true entrepreneurs, risk is viewed as a positive, with its implied challenge to overcome the unknown and hitting the big return. One way to learn is to understand better how successful entrepreneurs approach risk, and look at actual strategies they use for success. This is the origin of the “first movers” competitive advantage.

Entrepreneur 117

Entrepreneur Startup Advertising Social Media 117

Startup Professionals Musings

FEBRUARY 2, 2018

Winning customers as an entrepreneur in a startup has many parallels to a young army trying to penetrate some formidable new and unfamiliar territory. A smart general going into battle always does the research first on the lay of the land, including critical high points that have the most value, before charging into the fray.

Entrepreneur 53

Entrepreneur Resource Training Competition 53