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In a bid to boost the Los Angeles economy and create new jobs in the city, Los Angeles Mayor Eric Garcetti said Friday that he has created a new "Entrepreneur-in-Residence" program, which will help the city in developing initiatives and policies aimed at growing, assisting and sustaining entrepreneurs in Los Angeles. READ MORE>>.
It was difficult to make the transition to a “top down&# thinker but as a senior executive – and as an entrepreneur – you’re far less effective without this skill in your arsenal. The wisest mentor I ever had was Ameet Shah , my partner on several projects. This is bottom-up planning.
Wednesday, February 4, 2009 -- EntrepreneurMentoring Session. Entretech is launching Nitro a new program designed to "Get more companies funded in Greater Los Angeles." The size of the event will be kept small, to focus on just one or two entrepeneurs/researchers at a time. See [link] (more).
To be a great entrepreneur you really do need talent. You need to be great at something: technology back-end, front-end design, usability, sales, marketing, quantitative analysis, leadership –> whatever. And he has acted as a personal mentor for Justin ever since. Consider Usher a hard-working early-stage VC.
She actually IS the prototypical entrepreneur. But Tracy did what entrepreneurs do. Sam is the managing director of Launchpad LA and we were about to pick our 2012 class of entrepreneurs. In the first 5 minutes you’ll realize that she’s a classic entrepreneur. More on that later. That may soon change.
” It’s the most common refrain I hear from investors and even entrepreneurs these days. I think there is also no denying the role that Richard Rosenblatt has played in building the LA tech ecosystem and spawning great entrepreneurs who followed in his footsteps. “There’s something going on in LA.”
I believe you can be much more productive, as well as a more effective leader, if you approach most meetings as mentoring opportunities, and limit them to five minutes. I have used this approach with high-tech roles, like software design, as well as business development roles. The mentor assumes a role of a facilitator.
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. Total loyalty can be toxic. Isolated and insulated.
There is a large menu of startup accelerators in the Los Angeles, but one of more established efforts in the area is LaunchpadLA ([link] The effort actually started as an informal mentoring program, but has grown and expanded to follow the accelerator model. It was really just something built for the community to help support entrepreneurs.
I believe you can be much more productive, as well as a more effective leader, if you approach most meetings as mentoring opportunities, and limit them to five minutes. With the mentoring approach, the mentee asks for your support in their decision, or asks for your insight on the considerations for them making a future decision.
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. Are you confident and disciplined in facing tough challenges?
I believe you can be much more productive, as well as a more effective leader, if you approach most meetings as mentoring opportunities, and limit them to five minutes. I have used this approach with high-tech roles, like software design, as well as business development roles. The mentor assumes a role of a facilitator.
As a mentor to entrepreneurs, I tend to see many of the same obstacles appearing in every new startup, and since I don’t want to appear to be a downer , I’m not sure how to properly warn people ahead of time to be on the alert for these challenges. Don’t hide in your office. A principal player bows out or does not deliver.
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. Specialist.
All true entrepreneurs operate off a set of tenets that are built into their psyche, or drilled into them from training and mentors. In a book a while back by Jeanne Liedtka and Tim Ogilvie from the Columbia Business School, “ Designing for Growth ,” the authors encourage managers to think more like designers.
Beware of Mentors. In both cases, I was the mentor telling the person that the idea, as I understood it was "not great." I saw a great post from Tristan Kromer Pivoting on Investor Feedback a.k.a It was a top post on StartupRoar on Tuesday. Either: "That’s interesting. " One was an enterprise software product.
He co-founded a prominent accelerator in Los Angeles called MuckerLab , that has produced a number of impressive companies and he mentored more than 20 of them. Natural mentors – a desire to help. This is exactly the brand that GRP Partners wants to embody. Quantitative & analytical. Community builders.
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. Are you confident and disciplined in facing tough challenges?
According to the Tech Coast Angels' Richard Sudek, Chairman of the TCA, the group is looking to hold bi-monthly mixers which will help entrepreneurs connect with its angel investors, after a successful mixer in late 2009. The angel group also mentioned a web site design as part of its initiatives this year.
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. Startup and development stage.
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. Startup and development stage.
We have some great mentors now. Thanks to TechStars, we've got an awesome mentor who's co-habitating with us now, and we're learning something daily from him. The other reason for building it, is LA is crapped on all the time from a press perspective and entrepreneur perspective. How did you and Charlotte get into software?
In addition to being the startup entrepreneur, there are other key roles where Boomers can be a force in driving successful startups, in concert with leaders from Gen-X and Gen-Y: Early-stage Angel investors. Software and hardware development architects and designers. boomers entrepreneurs gen-x gen-y startups'
Designed to be a collaborative startup company incubator alongside corporate partners, Launchpad focuses on developing new consumer tech businesses focused on M13’s main investment areas: health, food, transportation, and housing. Anna Barber, partner, M13. Image Credit: Raif Strathmann.
They've provided a completely free facility, furniture, Internet access, mentoring, sponsorship--all of those things are provided for free. We're providing a very unique benefit, which is an entrepreneur-friendly incubator. You should come down and see our new location downtown--it's a dream location for entrepreneurs.
The value that is being “added” is often at arms length or via a specialist who interacts with the entrepreneur. Amplify Mentor Panel in full swing. Amplify’s close mentoring is by design. But like a Darwinian experiment, the extent to which these gifts are utilized remains entirely up to each individual entrepreneur.
I acted as the occasional mentor, advisor and coach to Ethan. And I had been telling my partners for a couple of years that I thought Ethan was one of the more talented entrepreneurs I had come across in San Francisco. I think it’s a beautifully designed site and product. The company was called Red Beacon.
Why Every Entrepreneur Should Write and 9 Tips To Get Started - OnStartups , September 27, 2010 "The best part of blogging is the people you will meet"- Hugh MacLeod repeating wisdom from Loic Lemeur to me at the Big Pink at 2 am in South Beach after the Future of Web Apps 2008. Good Design = Beautiful/Cool Design.
Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. There is nothing more inspiring than seeing the results of your mentoring and leadership. Success is the right balance of both for fun and profit.
About a month ago I was meeting with a seasoned entrepreneur. He has built an amazing facility, has established a design-centric credo, has assembled great mentors and certainly gets access to great talent. Today’s post courtesy of the Dave McClure school of vocabulary.
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? Of course, there are other positions were Boomers are sometimes not the best fit: Leading-edge technology architects, designers, consultants, and engineers.
Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). Overcoming obstacles and learning is one of the biggest inspiration for most entrepreneurs. Note the growth of your team and your own leadership.
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. Are you confident and disciplined in facing tough challenges?
We know that to be successful we need to fund truly transformational entrepreneurs grounded in unique academic skills and with the self confidence and ambition to try and achieve results in which the market will naturally be skeptical. We can’t wait to see what the next few years bring.
All true entrepreneurs operate off a set of tenets that are built into their psyche, or drilled into them from training and mentors. In a book a while back by Jeanne Liedtka and Tim Ogilvie from the Columbia Business School, “ Designing for Growth ,” the authors encourage managers to think more like designers.
Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market. I suspect that several of these will surprise most entrepreneurs as being counter-intuitive to their thinking.
Ever have an idea for a great mobile startup but get stuck with just a dream because you have no skills to design or develop it and no money to pay to get it done? Some business people have friends that are designers or developers but most are not so lucky. Any person with an idea is welcome to attend, no coding skills required.
That's proving very useful for our design. Million Women Mentors has a network of both women and men, helping underrepresented women pursue careers in STEM and STEM related fields. which is somewhat unusual for an entrepreneur. We're using Google Maps for our GPS component. I have a STEM degree, a Ph.D.
Seth’s interest in helping others grew out of his lack of having a mentor. He was drawn to Stanford by the people ecosystem- access to professors and mentors. He knew he was an entrepreneur because he couldn’t stop thinking about ideas. Again, he stressed the importance of good mentors.
In my own business career, many years as a business advisor, and mentor to aspiring entrepreneurs, I have validated the following strategies to practice and guide you. For example, your quality problem may well have both design as well as manufacturing elements. Search for the multiple dimensions of a problem.
The creators of the renowned StartupWeekend — a place where random ad hoc teams work frantically for 54 hours to build a demo of a new business and then complete for fame and fortune — have picked up where StartupWeekend left off and have birthed a new course for entrepreneurs who need to level up called StartupWeekend Next.
Thus I believe that business leaders and entrepreneurs need to focus first on people leadership, rather than process leadership. As a business advisor and investor in new startups, I see how difficult it is to make any process work, no matter how well designed, if the team is dysfunctional.
I’ve been advising and mentoring startups and growth companies for years, and find myself always pushing them to try something new, for the sake of growth and survival. When you try new things, you make mistakes, and I’ve seen many. Smart companies learn from their own mistakes, but some don’t pay enough attention to other people’s mistakes.
As a business advisor, I have too often seen technical entrepreneurs get a product or service off the ground with ease, but then struggle mightily when their business reaches a couple of million in annual sales, or the employee count grows beyond a handful. True entrepreneurs love the tactical and problem solving challenges.
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