Sat.Nov 19, 2022 - Fri.Nov 25, 2022

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Should you battle the dragon? Or just avoid the encounter?

Berkonomics

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?

Resource 156
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Hyperion Motors Aims At Hydrogen Fuel Cell Refueling

socalTECH

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.

Mobile 113
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7 Team Building Principles For Connected Leadership

Startup Professionals Musings

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.

Ideas 125
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Airgain Gets Win With EV Charging Company

socalTECH

San Diego-based wireless products maker Airgain said it has scored a win with an un-named manufacturer of electric vehicle (EV) charging stations. Financial impact of the win were not announced. The company said the EV charger ompany will use its NimbeLink embedded modems for its nationwide network.

Company 113
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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

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.

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Performio Expands In London, Germany

socalTECH

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.

Sales 113
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Bird Overstated Revenue For More Than Two Years

socalTECH

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.

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8 Strategies To Create A High Team Engagement Culture

Startup Professionals Musings

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.

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TuSimple Gets Warnings From Nasdaq

socalTECH

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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8 Negative Reactions To New Ideas And How To Prevail

Startup Professionals Musings

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.

Ideas 116
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7 Realities Related To Customer Value Disrupt Growth

Startup Professionals Musings

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.

Customer 103