Berkonomics

MAY 4, 2023

Stop me if you’ve heard this story before. “My job as a (newspaper publisher telephone installer, stockbroker, travel agent, retail store manager) writer, poet, commercial artist – is safe as this economy continues to grow.” Yup. Thought so. We are in a decade of creative destruction that will affect most everybody. And the prime motivators of this massive destruction are the same class of entrepreneurs and innovators that have done it before.

Artificial Inteligence 296

Artificial Inteligence ChatGPT Generative AI Class 296

Startup Professionals Musings

MAY 3, 2023

The current surge of working remotely, driven by the pandemic and international freelancing, has challenged our thinking on collaboration and leadership, both within teams and outside, to other organizations. In my consulting work, I am finding this brings a need for more focus on the human side or empathetic leadership , rather than a reliance on the “ command and control ” paradigm.

Startup 113

Startup Summary Coach Metrics 113

Startup Professionals Musings

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

MAY 5, 2023

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. Even if they realize that they need real technical strength at the top, they are not sure how to attract and select the talent and expertise they really need. Should they go after high-tech nerds for partners, or professional technologists?

Entrepreneur 104

Entrepreneur Technology High Tech Startup 104

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.

Companies

Startup Professionals Musings

MAY 1, 2023

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. You need to find the skills or experience you don’t have in business, technology, or money. So, the first question I usually get is what percent of the company or equity is that person worth? Giving a cofounder a salary won’t get you the “fire in the belly” you want.

Equity 99

Equity Patents CTO Hire Startup 99

Startup Professionals Musings

APRIL 30, 2023

It may not be as sexy, but starting a new business which builds on an existing technology or business model is usually less risky than introducing that ultimate new disruptive technology. There are many levels of innovation that go beyond copying someone else’s idea, but stop short of pushing the leading edge (bleeding edge). Many of the major business successes started this way.

Social Media 92

Social Media Study Research Satisfaction 92