Startup Professionals Musings

AUGUST 16, 2020

As an angel investor and a mentor to aspiring entrepreneurs, I’m always disappointed to see founders who seem stressed out most of the time, and more annoyed than energized by the abundance of challenges they see in building their startup. Don’t demand or expect immediate gratification.

Startup 171

Startup Entrepreneur Activity Ideas 171

Startup Professionals Musings

OCTOBER 9, 2020

You need a faster and more flexible on-demand hiring strategy, based on the current gig-economy of remote freelancers, contract personnel, and specialists. Freelancers and consultants have to demonstrate results, without training and mentoring, so they can help you more quickly and probably at a lower total cost.

Competition 168

Competition Startup Demand Training 168

Startup Professionals Musings

JANUARY 29, 2021

Every one of you business leaders I know struggles with the competing demands of finding and keeping employees motivated and satisfied, versus building and enforcing a set of repeatable processes that work. Leaders who focus on team communication are also more successful in dealing with partners and customers.

Satisfaction 154

Satisfaction Demand Resource Competition 154

Tech.Co

JANUARY 10, 2018

Natalie Kaminski, CEO and cofounder of goBaby.co , an on-demand rental marketplace for baby gear that helps reduce stress of traveling with little kids, is hyper-focused on gaining the trust of mothers. “Focusing on emotion is key when communicating with female customers. Connect With Your Customers.

Tips 70

Tips Customer Custom Dollar Shave Club 70

Startup Professionals Musings

APRIL 18, 2016

Some will argue that people leadership is a skill you have to be born with, but I’m convinced that it can be learned from experience, mentoring, and failures. They reach to find mentors who have been there, read books on the subject, and participate in leadership development programs. Set personal leadership goals and solicit feedback.

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Mentor Entrepreneur Demand Coach 59

Startup Professionals Musings

MARCH 4, 2022

If you aren’t yet adapting to the market and your customers, you are falling behind. I define business agility for my consulting clients as the ability to change your business rapidly to meet customer and environmental changes, with minimal organizational disruption and cost. Demand and reward speedy analysis and execution.

Competition 148

Competition Metrics Demand Customer 148

Startup Professionals Musings

FEBRUARY 14, 2022

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain.

Technical Review 143

Technical Review Customer Custom Entrepreneur 143

socalTECH

APRIL 10, 2012

Those mentors and others have given us really tangible advice. Mentors have told us -- here what your social coefficient looks like, how to make the sharing dynamic work for your business, and then they'll spend an hour or and hour and a half with us, and give us a little more specific information we can apply.

Startup 240

Startup Mentor Technical Review Santa Barbara 240

socalTECH

OCTOBER 30, 2009

We Create Demand for California's Technology Companies. Custom Insurance Programs for Technology Companies. Cadence, Intel, IBM, Freescale, Mentor Graphics, Synopsys, LSI, X-Fab, and many other leading-edge. Helping entrepreneurs succeed. Binary Pulse Technology Marketing (www.binarypulse.com). Need office or Tech Space?

Southern California 140

Southern California IP Orange County Glendale 140

Startup Professionals Musings

AUGUST 10, 2022

Thus, in my mentoring of potential technical entrepreneurs who have a real passion for their technology, I often recommend that they find a co-founder who can manage the marketing and execution elements of the new venture. Balance of passion with reality and customer feedback. Pay attention to all.

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Mentor Startup Customer Custom 133

Startup Professionals Musings

JUNE 3, 2020

In my experience as a business mentor, one of the biggest challenges I see is a failure to focus. In addition to personal focus, I find that the best entrepreneurs build and demand a culture of focus and excellence in their team, their investors, and even their advisors. Demonstrate real knowledge of your market and competitors.

Entrepreneur 126

Entrepreneur Startup Patents Resource 126

InfoChachkie

JANUARY 23, 2012

1) Get A Mentor. "I When enhancing your value proposition, ask the same question a newcomer would ask, "what is the best way for users to interact with the new features, irrespective of the existing customer experience?" Note: This is an installment in the Iconic Advice series. "I started the site when I was 19.

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Startup Tips CTO Coach Technical Review 268

Startup Professionals Musings

JANUARY 23, 2022

In addition, today’s customers judge a company by perceived people relationships through social media, phone conversations, and sales experiences. Customers demand more engagement and flexibility. People-centric leaders drive ownership and engagement down to their customer-facing team members.

Coach 128

Coach Mentor Organization Startup 128

Startup Professionals Musings

FEBRUARY 24, 2020

Many entrepreneurs I have mentored make big mistakes in this area, by hiring low-cost friends and family, with minimal skills or training, and expecting them to have the same work ethic , passion, and business knowledge as the founder. Direct customer-facing non-technical roles should be the last ones outsourced.

Outsource 123

Outsource Startup Technical Review Training 123

Startup Professionals Musings

APRIL 18, 2020

In my experience as a mentor, I find that keeping creative thinking in the balance is a challenge for every startup, due to the natural employee tendency to resist change. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Not always to good effect. Failure to learn.

Metrics 157

Metrics Demand Statistics Sales 157

socalTECH

DECEMBER 10, 2010

We Create Demand for California's Technology Companies. Custom Insurance Programs for Technology Companies. With Vistage, you'll benefit from: Advisory Board Peer Group Meetings; Private 1-to-1 Mentoring Sessions; Expert Speaker Workshops; Content and Connectivity Online. Funding great entrepreneurs. Need office or Tech Space?

SoCalTech 127

SoCalTech Advertising Rustic Canyon Glendale 127

Startup Professionals Musings

AUGUST 20, 2021

The bad news is we have to think like a business, with all the implications of branding, finding customers, and competitors. She speaks from years of experience mentoring and facilitating independent contractors and helping large companies, since well before the term “gig economy” was even coined.

Pricing 149

Pricing Mentor Entrepreneur News 149

Startup Professionals Musings

NOVEMBER 20, 2011

How can you beat finding someone who has been there and done that, able to mentor Gen-Y, has lots of connections to people in your industry, and is often willing to work for equity alone? Customer Service. They have the maturity and sophistication to deal with your demanding executives and partners. Angel Investor.

Entrepreneur 107

Entrepreneur Mentor Demand High Tech 107

Startup Professionals Musings

JANUARY 25, 2016

If you can’t provide a memorable customer experience, your startup won’t survive very long these days. You now need more than loyalty from your customers -- they need to be your best advocates. The days of pushing new and marginal performers into customer service are gone. Every job on your team drives your customer experience.

Customer 55

Customer Custom Startup Coach 55

Startup Professionals Musings

APRIL 24, 2015

Through interviews, Kiel identified eight common traits and habits exhibited by all the CEOs with a top character ranking (deemed virtuoso CEOs – masters of the skills and art of leadership): Displayed and demanded high moral principles. Find and enjoy the company of one or more mentors.

Mentor 104

Mentor Ideas Entrepreneur Study 104

Startup Professionals Musings

MARCH 4, 2013

It extends directly to your customers through dependable products and services. It isn’t a value that only benefits the employer and customers. It makes for a valued worker, who will stay in high demand. Every job relationship must start with the employee giving respect, before demanding it in return.

Startup 106

Startup Guide Mentor Organization 106

Startup Professionals Musings

APRIL 28, 2021

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. Look for validation from your mainstream customers. Even non-profits need income to run a business.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

DECEMBER 20, 2012

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain.

Startup 118

Startup Technical Review Entrepreneur Customer 118

Startup Professionals Musings

FEBRUARY 10, 2023

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

Technical Review 138

Technical Review Startup Innocal Offshore 138

Startup Professionals Musings

SEPTEMBER 19, 2011

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain.

Startup 114

Startup Technical Review Entrepreneur Customer 114

socalTECH

SEPTEMBER 25, 2009

We Create Demand for California's Technology Companies. Custom Insurance Programs for Technology Companies. Silicon Valley Bank (www.svb.com). Helping entrepreneurs succeed. Binary Pulse Technology Marketing (www.binarypulse.com). Costello and Sons Insurance Brokers (www.costelloandsons.com). GetItStarted (www.getitstarted.com).

Advertising 113

Advertising Southern California IP VentureNet 113

Startup Professionals Musings

JULY 9, 2022

A common request I get while mentoring entrepreneurs is for a copy of the startup checklist they need to follow, in order to build a successful new business. The next phase of evolution will demand device independence, enabling an uninterrupted computing experience as we move from device to device throughout our daily lives.

Technology 133

Technology Cloud Computing Social Media Networking 133

Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain.

Entrepreneur 113

Entrepreneur Startup Technical Review Customer 113

Startup Professionals Musings

JANUARY 8, 2013

How can you beat finding someone who has been there and done that, able to mentor Gen-Y, has lots of connections to people in your industry, and is often willing to work for equity alone? Customer service. They have the maturity and sophistication to deal with your demanding executives and partners. Angel investor.

Startup 98

Startup Mentor Demand High Tech 98

Startup Professionals Musings

SEPTEMBER 13, 2020

Customers have come to expect disruptive change, so yet another social network is not the way to get traction. Mauri offers some practical, actionable advice for entrepreneurs who want to develop a leader’s mindset, on how to spread the right message to potential customers, as well as investors. Take a hard look at SpaceX or HyperLoop.

Entrepreneur 143

Entrepreneur Social Network SpaceX Ideas 143

Startup Professionals Musings

FEBRUARY 9, 2022

In other words, how do you recognize the challenges that really need your leadership , versus the less critical demands that seem to always bubble to the top? Customer feedback in the form of online reviews and poor customer service is often rationalized as unreasonable expectations or one or two crazy individuals.

Coach 120

Coach Satisfaction Customer Custom 120

Startup Professionals Musings

OCTOBER 10, 2015

Does it mean the right thing from a customer perspective, societal impact, maximizing business returns or personal benefit? Another article indicates that 80 percent of customers continue to base some portion of their buying decisions on their perceptions of the company’s ethics. You must be the model of the culture you want.

Entrepreneur 102

Entrepreneur Training Demand Customer 102

Startup Professionals Musings

JUNE 17, 2022

Passion is great, but it must be backed by data, confirming a real problem and customers willing and able to pay for your solution. Too many business people let the daily challenges cause them to revert to emotional and autocratic demands, failure to communicate, and inability to coach and mentor team members.

Startup 143

Startup Competition Coach Satisfaction 143

Startup Professionals Musings

SEPTEMBER 25, 2022

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. There is more and more evidence that a more human-centered or heart-centered leadership yields the best results with your team and with customers in the long run.

Training 142

Training Coach Startup Entrepreneur 142

Startup Professionals Musings

OCTOBER 24, 2012

Even without B-Corp status, entrepreneurs are speaking out more on the positives to support business models that benefit not just shareholders, but customers, workforce, the environment, and the greater community. Social responsibility opens the door to a broader customer base. Doing business is a human process.

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Startup Organization Customer Custom 100

Startup Professionals Musings

JUNE 25, 2021

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. There are lots of resources available for that question, including the Internet and mentors like me. Ask some potential customers to see if there is real interest, and start thinking about price versus cost.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

socalTECH

APRIL 13, 2021

The NSF determined eight to ten years ago that the Small Business Innovation Research (SBIR) grants they were funding to academic teams, to commercialize technology, they were losing, because not many academics had the background to understand how to go out and source customers, and did not know how to run a startup.

Marina Del Rey 150

Marina Del Rey Startup USC Incubator 150