InfoChachkie

SEPTEMBER 17, 2012

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Handled appropriately, these questions provide investors a window into an entrepreneurs’ soul, which minimizes the chances of a future misalignment.

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Both Sides of the Table

NOVEMBER 15, 2010

This sometimes frustrates entrepreneurs who just want to “get back to running the business.&# But if you understand it you’ll see that it is perfectly rational and it should also influence how you form relationships with investors. For this reason I tell entrepreneurs the following: Meet your potential investors early.

Invest 411

Invest Technical Review Venture Capital Startup 411

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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Entrepreneur Search Engine Optimization Satisfaction Social Media 174

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. If you enjoy wearing many different hats and are constantly learning new skills, you will get more satisfaction as an entrepreneur.

Entrepreneur 158

Entrepreneur Satisfaction Ideas Social Media 158

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. Absolute control.

Entrepreneur 169

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InfoChachkie

NOVEMBER 3, 2014

Wilson: "I’m not sure if making it a more effective marketing platform would alienate its user base, but there are definitely some opportunities. The post Social Search – What Entrepreneur Needs To Know appeared first on John Greathouse.' I''ll never tweet about that killer burrito I am about to devour - just startup stuff.

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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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Entrepreneur Startup Outsource Development Design 158

Startup Professionals Musings

DECEMBER 4, 2021

An entrepreneur lifestyle that continues to gain in popularity these days is being a “social entrepreneur.” Whether the objective is to generate profits or social capital, the common element for all entrepreneurs is the recognition that there is a problem which needs solving, or there is an opportunity to improve the status quo.

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Xconomy

NOVEMBER 26, 2018

What makes someone an entrepreneur? Most simply defined , an entrepreneur is a person who identifies a need and starts a business to fill that void. But others will argue that a “true” entrepreneur must come up with an innovative new product or service and then operates their business to sell and profit from that innovation.

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Startup Professionals Musings

FEBRUARY 17, 2021

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated. It never happened in any time frame I can remember, and it definitely won’t happen today.

Entrepreneur 162

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Both Sides of the Table

MAY 18, 2014

In my Twitter bio is says that I’m “ looking to invest in passionate entrepreneurs ,” which almost sounds like I was just looking for a cliché soundbite to describe myself. Passion is also the featured heavily in nearly every presentation I give to entrepreneurs or on college campuses or in talks with MBA students.

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InfoChachkie

AUGUST 4, 2014

If you could share one startup lesson with a young entrepreneur, what would it be? So I ask prospective new entrepreneurs, ''What is it specifically that you can bring to the industry?'' Do you have any specific advice for entrepreneurs who might be considering starting a venture with a loved one? How have you made it work?

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Startup Professionals Musings

DECEMBER 2, 2019

As a mentor to aspiring entrepreneurs, the most common question I get is, “I want to be an entrepreneur -- how do I start?” Many people with great ideas never make it as entrepreneurs, and true entrepreneurs can make a business out of anything. Few entrepreneurs can assimilate and hone a complete plan in their head.

Entrepreneur 135

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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.

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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? Yet I’m still often approached by aspiring entrepreneurs who have neither.

Entrepreneur 124

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Both Sides of the Table

SEPTEMBER 10, 2021

By definition?—?I’m 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. Are we in a bubble?”

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Venture Capital Writing Invest Pricing 471

Both Sides of the Table

JANUARY 25, 2010

If you don’t already read Chris’s blog you should – it’s very well written, often takes a strong POV and speaks from an entrepreneur’s perspective but with a huge knowledge of the technology investors as well. I covered this a bit in my post about the market definition slide in fund raising. He is both.

Product 348

Product Startup Design Blogging 348

Startup Professionals Musings

JULY 4, 2020

For all entrepreneurs, starting a business is the route to “life, liberty, and the pursuit of happiness,” no matter how risky. According to a classic article and poll by Startups.co.uk , having the independence to make your own decisions is considered the key benefit of being an entrepreneur. If you are here in the U.S.,

Entrepreneur 122

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Startup Professionals Musings

NOVEMBER 30, 2020

I’m definitely a proponent of this latter approach. On the other hand, I just finished a classic book, “ The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job ,” by Patrick J. He makes some good points in the book for the overlapped entrepreneur approach that I espouse: One job is not enough these days.

Startup 128

Startup Entrepreneur Satisfaction News 128

Startup Professionals Musings

JULY 10, 2022

By most definitions of the term, an entrepreneur is someone who starts a new business, incorporating innovative changes to existing products, services, business models, and creating new markets. One way of identifying the right characteristics and approaches is to take a hard look at entrepreneurs who have done it.

Examples 131

Examples Entrepreneur Technology Resource 131

Both Sides of the Table

SEPTEMBER 22, 2012

And so do entrepreneurs who are quick to pivot to new businesses or to sell in an acquihire. It’s been high tide since 2009 so an entire batch of entrepreneurs don’t know what low tide even looks like. And the “stay lean” argument isn’t only good for entrepreneurs, it can be good for VCs, too.

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Both Sides of the Table

SEPTEMBER 14, 2011

I was an entrepreneur for years. As I talked about on many occasions when I was an entrepreneur – and blogged publicly about - I learned a lot about my business and myself in these meetings. Best line: “we’re a definite maybe.&# I must have pitched 40-50 VCs over the years. Possibly more.

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Venture Capital Blogging Conference Google 292

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 best entrepreneurs are not just dreamers of the next big thing – they have to be great facilitators and problem solvers.

Entrepreneur 129

Entrepreneur Examples Blogging Customer 129

Both Sides of the Table

APRIL 25, 2013

She was everything I was looking for in an entrepreneur to back. In the most perfect sense of the definition. So we have the pleasure of working with Dana Settle at Greycroft, whom I have a blanket offer with that any entrepreneur that wants to create room for Dana in a deal that I’m involved with has a free pass.

Startup 398

Startup Design Downey Activity 398

Berkonomics

MAY 15, 2014

These usually involve a handful of angel investors, and a few entrepreneurs, who all want to build the very best term sheet for their exciting nascent enterprise. As a result, there is tight agreement today on the form of VC term sheets and definitive investment agreements. A good example was during the negotiation of a term sheet.

Venture Capital 228

Venture Capital Examples Invest Conference 228

Both Sides of the Table

JANUARY 18, 2014

Of course I’ve talked about wanting to get to know entrepreneurs over long periods of time ( lines, not dots ) – my most referred to post. I seek out great entrepreneurs. I look for passionate entrepreneurs who have a love for the industry they’re serving. I wrote here about why I avoid party rounds.

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Startup Professionals Musings

JUNE 13, 2020

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited angel investors. Let’s consider some basic definitions. They are looking for a win-win deal, with entrepreneurs that demonstrate a positive chemistry and open communication.

Venture Capital 125

Venture Capital Entrepreneur Startup Invest 125

Both Sides of the Table

APRIL 8, 2010

That view from me isn’t surprising since on the topic of Nature vs. Nurture in entrepreneurs I’ve clearly come down on the side of nature more than nurture (again, that doesn’t mean nurture has NO influence, just less than nature). Almost by definition. Tags: Entrepreneur Advice Sales & Marketing Advice.

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Both Sides of the Table

OCTOBER 6, 2010

But in my experience as an entrepreneur and now spending my time amongst investors I can generalize that almost all VC investments in early stage technology & Internet investments come down to just four key factors. This post was prompted by an email exchange I had with a young entrepreneur. I was interested in learning more.

Startup 360

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Startup Professionals Musings

DECEMBER 7, 2019

I suspect it’s a function of pride and confidence in my own problem solving abilities, but my hesitation has definitely cost me time and money. Thus, in my consulting with entrepreneurs, I always encourage them to get more comfortable asking for help. Of course, there are good ways and bad ways to ask for help.

Help 123

Help Entrepreneur Course IBM 123

Both Sides of the Table

MARCH 28, 2010

That’s the classic definition of Grin Fucking. Tags: Entrepreneur Advice Start-up Advice Startup Advice. Unsurprisingly, this one way best. The title IS the post. Don’t be a grin fucker. Executive Dick: (Smiling, shaking Bob’s hand and massaging his shoulder)&# Thanks Bob, we’ll take that under advisement.

Startup 378

Startup Framework Slides Coach 378

Both Sides of the Table

JUNE 22, 2011

This was an audience of mostly first-time entrepreneurs. It is great for entrepreneurs and great for VCs. So here is what I have been telling entrepreneurs privately for the past 6 months. What a bubble means for each entrepreneur. Still, market amnesia by ordinarily rational actors always surprises me. I believe that.

Pricing 309

Pricing Marketing Startup Venture Capital 309

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.

Entrepreneur 108

Entrepreneur Startup Ideas Satisfaction 108

InfoChachkie

MAY 7, 2012

Skilled entrepreneurs bring ideas and money together by building a bridge of trust. I likewise value an entrepreneur who treats my money like their own and understands the difference between spending and investing. Confirmation from people whom the entrepreneur did not cite as a reference is vital.

Ideas 251

Ideas Venture Capital Education Entrepreneur 251

Both Sides of the Table

DECEMBER 6, 2010

In the presentation I also discussed why the fail fast mantra needs to fail, fast , why financial models still matter , why the lean startup movement needs to be careful about changing the definition of the adjective “lean&# and why Silicon Valley could learn a thing or two about branding from Madison Avenue.

Startup 312

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InfoChachkie

DECEMBER 16, 2013

Tracy DiNunzio, Founder and CEO of Tradesy , recently shared her insights regarding the best approach for entrepreneurs to address competition. Time and money are usually an entrepreneur''s two most significant resource constraints. The only thing you have as an entrepreneur. I''ve seen a lot of weird stuff.". is (limited) time.

Competition 254

Competition SaaS Santa Barbara Entrepreneur 254

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. Fortunately, both can be fixed. All of us shut down when disrespected.

Entrepreneur 98

Entrepreneur Startup Satisfaction Competition 98