Berkonomics
NOVEMBER 24, 2022
Frustrated by a competitor that wins when you should have? Sometimes a competitor is just too entrenched, too strong, too well equipped to directly face in battle. At least that is the conventional wisdom. Yet, there are constant examples of new entrants into a niche that do grow, prosper and sometimes even become dominant. So, when do we know which course to take?
Startup Professionals Musings
NOVEMBER 21, 2022
Most startup ideas begin in the mind of an individual, but an idea is not a business. It takes a team, with effective leadership, to build a business. Many aspiring entrepreneurs default to team leadership by domination and control. Yet in my experience, the best entrepreneurs quickly learn the art of people connection. They connect and inspire the right people to achieve more with less.
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socalTECH
NOVEMBER 22, 2022
Los Angeles-based Hyperion Motors says it is taking aim at the hydrogen fuel cell refueling market, with the launch of a product to provide both hydrogen refueling and battery charging. According to the company, it has developed something called the Hyper:Fuel Mobile Station, a mobile station for providing refueling and recharging infrastructure. The company said it expects to start rollout of those products in 2023.
Startup Professionals Musings
NOVEMBER 25, 2022
After many years working in business and investing in startups, I’m convinced that the primary reason for new business and career failures is NOT a lack of skill or money, but people giving up too quickly on their dreams and goals. Great businesses and great leaders never give up, especially as pivots and interim failures provide learning opportunities to recover from setbacks.
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.
Startup Professionals Musings
NOVEMBER 19, 2022
With today’s interactive social media and the real-time Internet, both customers and employees see inside your company easily, so you can’t hide your real company culture. At the same time relationship perceptions have become the biggest drivers to customer loyalty and employee engagement. Thus in every business, big or small, culture can make or break your success.
Startup Professionals Musings
NOVEMBER 23, 2022
One of the complaints I often hear from engaged business professionals is that their new ideas, innovations, and change recommendations are unfairly criticized or dismissed without analysis. The result is fewer and fewer new ideas are volunteered by prospective leaders and key team members, and the business suffers from poor customer satisfaction or loss of market share.
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socalTECH
NOVEMBER 22, 2022
Irvine-based Performio, a developer of software used for incentive compensation management, said today that it has opened up a new office in London, and a new data center in Germany. According to the company, the new office in London will support its customers in Europe and the Middle East, with its solution being run in a hosted datacenter in Frankfurt.
socalTECH
NOVEMBER 21, 2022
Santa Monica-based Bird said last week that it had overstated its revenues for more than two years, by recognizing unpaid customer rides as revenue. According to Bird, its financial reports from the first quarter of 2020 through the second quarter of 2022 should "no longer be relied upon". Bird said its systems "recorded revenue for uncollected balances following the completion of certain Rides that should not have been recorded.
Startup Professionals Musings
NOVEMBER 20, 2022
As a startup advisor, I see too many entrepreneurs get distracted by technology or their favorite cause, and then wonder why they can’t find an investor, attract customers, or build a long-term business. Every startup needs to start with an honest assessment of how they provide customer value, and how that translates into a sustainable business return for stakeholders and growth.
socalTECH
NOVEMBER 21, 2022
San Diego-based TuSimple, a developer of autonomous driving technology, said this morning that it has received a warning from the Nasdaq, saying that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule"), which requires timely filing of all required periodic financial reports with the SEC. The company said the warning came as a result of its change in board of directors and CEO on November 10th.
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