Berkonomics

MARCH 30, 2023

Let’s get right down to it. Your banking relationship can be like a great marriage or a bad trip to the DMV. In most cases it is strictly your choice. But the results of that choice will reverberate for what could be years. Yes, we will spend a moment reviewing the SVB-Signature Bank crisis that recently left many of us losing sleep. But we will do this in the context of our decision-making and protection of our businesses.

Venture Capital 156

Venture Capital Email Examples Company 156

Startup Professionals Musings

MARCH 19, 2023

Entrepreneurs need to be effective team leaders, since no one can transform an idea into a product and a business without some help. Unfortunately many founders I work with as a mentor are experts on the technical side, but have no insight into leading a team. But fortunately, team building is a skill that can be learned and practiced, for those willing to put in some effort.

Technical Review 127

Technical Review Development Team Review Startup Activity 127

Startup San Diego

MARCH 8, 2023

The post 1st Mondays March 2023 Recap & Pictures appeared first on Startup San Diego.

San Diego 105

San Diego Startup News 105

StartUp Beat

MARCH 1, 2023

Decorilla leverages VR & AR tech to let interior design customers walk around a room design that doesn't exist yet. The post How this company is using VR & AR to enhance the age-old interior design business appeared first on StartUp Beat.

Design 40

Design Company Companies Customer 40

Advertiser: Aggregage

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

Company

Berkonomics

MARCH 16, 2023

Why should we ask this question? As an early-stage investor, the first test for me is whether “my” entrepreneur is flexible in both the plan and execution of their vision (since from experience almost everything about a business plan changes over time), and whether that person, no matter what age or experience, is coachable. Doctoral theses have been written on this subject.

Coach 156

Coach Artificial Inteligence Entrepreneur Resource 156

Berkonomics

MARCH 9, 2023

Here is one very personal question. “Have you figured out what you want to have, or to be, when you reach the end of your personal run in this business life?” It is a fair question to ask. Most of us work in our businesses, either as managers or owners, and rarely step outside to think about how this will end in a perfect world. Investors call this discussion “exit planning” and of course they include themselves in the discussion.

Course 156

Course Blogging Email Sales 156

Startup Professionals Musings

MARCH 11, 2023

Savvy entrepreneurs start testing their ideas on potential customers even before the concept is fully cooked. They have enough confidence in their ability to deliver that they don’t worry about someone stealing the idea to get there first, and they don’t forget to listen carefully to critical feedback. They become walking public relations machines for themselves, as well as their idea.

Ideas 126

Ideas Startup Social Media Blogging 126

Startup Professionals Musings

MARCH 6, 2023

Aspiring entrepreneurs who rely only on traditional learning vehicles (teachers, classrooms, and risk-free practice) are doomed to failure in anticipating change today. Either they are never really ready to commit, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era. The Internet and the current information wave have changed everything.

Social Media 120

Social Media Startup Entrepreneur Education 120

Startup Professionals Musings

MARCH 10, 2023

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business.

Outsource Development 115

Outsource Development Startup Competition Ideas 115

Startup Professionals Musings

MARCH 17, 2023

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. This approach only makes these important constituents question your integrity, intelligence, and your understanding of business basics. Pointing out flaws in others does not give you strength.

Competition 111

Competition Entrepreneur Patents Customer 111

Startup Professionals Musings

MARCH 3, 2023

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. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Is it any wonder why so few entrepreneurs ever find the professional investors they seek?

Product 112

Product Summary Activity Entrepreneur 112

Startup Professionals Musings

MARCH 15, 2023

As an advisor to entrepreneurs and active angel investor, I often get questions about the realism of the Shark Tank TV series, compared to professional investor negotiations. The simple answer is that with all the staging of TV lights and billionaire investors, it’s nothing like Silicon Valley. Yet the process is eerily realistic, and every entrepreneur can glean some important lessons.

Entrepreneur 111

Entrepreneur Sample Ideas Customer 111

Startup Professionals Musings

MARCH 29, 2023

Most of the young entrepreneurs I know are classic proof of the old adage that people tend to overestimate what they can do in a short period, and underestimate what they can do over a long period. They become frustrated when they are unable to build their startup over a weekend, and give up way too soon when the path to real success seems to be interminable.

Startup 109

Startup Writing Blogging Ideas 109

Startup Professionals Musings

MARCH 1, 2023

Every business communication you initiate, both internal and external, involves some risk to your credibility, has legal implications, and may impact your relationship with peers. Most of these risks are rational and reasonable, but in my role as business consultant, I still see many experienced professionals and leaders initiating high-risk communications which come back to haunt them.

Coach 109

Coach Mentor Startup Email 109

Startup Professionals Musings

MARCH 13, 2023

As I have learned through my career in business, as well as years of business consulting, team trust in each other, as well as management, is critical to the long-term success of every venture. It is key to employee engagement, a positive culture , and the productivity necessary to survive and thrive in this rapidly changing worldwide economy which challenges every business today.

Satisfaction 108

Satisfaction Social Media Coach Training 108

Startup Professionals Musings

MARCH 4, 2023

The military has long recognized that machine guns are force multipliers for rifles, but businesses have been slow to capitalize on this concept. Sometimes all the planning in the world isn’t enough for business survival, when things change as fast as they do today. Every business, especially startups, needs all guns blazing quickly on every opportunity or insight into the market.

Social Media 106

Social Media Software Review Course Networking 106

Startup Professionals Musings

MARCH 31, 2023

Every entrepreneur knows that good demand generation marketing is the key to growth these days, but very few have the discipline or know-how to measure return in a world of a thousand tools and techniques. Even those things that worked yesterday may not work tomorrow, as the market matures, the culture changes, and competitors appear with new solutions.

Metrics 102

Metrics Demand Paramount Content 102

Startup Professionals Musings

MARCH 12, 2023

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited angel investors. They argue that the color of the money is the same from either source. They fail to realize that the considerations are quite different for each, which can make or break their investment efforts, and ultimately their startup.

Startup 98

Startup Venture Capital Funding Invest 98

Startup Professionals Musings

MARCH 27, 2023

I’ve noticed that most young entrepreneurs are more socially conscious today than ever before, which is a great trend. Unfortunately, some are so focused on this principle that they forget that every business, even nonprofits, have to practice the basic principles of capitalism (build a business model to make money) to cover their costs to do good things another day.

Startup 92

Startup Capital Guide Entrepreneur 92

Startup Professionals Musings

MARCH 8, 2023

One of the keys to your success as a business professional and leader is your ability to nurture relationships and select associates who have the attributes to help you build your career or lead a team, rather than people who will never challenge you or may be looking out only for themselves. I have concluded as a business advisor that the right people are better than the best strategy.

Tips 89

Tips Startup Entrepreneur Course 89

Startup Professionals Musings

MARCH 18, 2023

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea. Thus, unless the visionary highlights a cofounder who can take the vision and execute, I assume the worst.

Startup 82

Startup Ideas Organization Entrepreneur 82

Startup San Diego

MARCH 30, 2023

The post The New Interim Executive Director of Startup San Diego, Lisa Barnhouse appeared first on Startup San Diego.

San Diego 52

San Diego Startup News 52

Berkonomics

MARCH 23, 2023

“Re-imagining” our lives The world is experiencing a new era of re -imagination , in which virtually all our old ways of doing things are being uprooted by new, more efficient and more widely available methods of accomplishing old tasks. We collaborate using Zoom, Teams, Salesforce, Yammer, Skype, GoToMeeting, Fuze and hundreds of other tools not available to the last generation of whiteboard, personal meeting or teleconference users.

Mobile 156

Mobile Commerce Software Review Yammer 156

Startup Professionals Musings

MARCH 5, 2023

In my experience with entrepreneurs, there seems to a wealth of self-proclaimed “idea people” who aspire to start businesses, but only a few who are willing and able to dig in and get the job done. All the great ideas in the world won’t make a business, if the ideas never get implemented. Only rare great entrepreneurs, like Bill Gates and Elon Musk, have proven to be both.

Startup 155

Startup Ideas IBM IBM 155