Berkonomics

MARCH 18, 2021

Here’s the ultimate thing about entrepreneurism. The post Entrepreneurism is all about personal risk. If you don’t directly engage the potential customer at the right time, place and mood, you are at a disadvantage from the start. If you don’t choose to enter the fight, it is impossible to win it. first appeared on BERKONOMICS.

Entrepreneur 156

Entrepreneur Resource Statistics Customer 156

Both Sides of the Table

MAY 9, 2018

This is a very common scenario when entrepreneurs pitch VCs and frankly is a very common scenario when VCs try to raise money from LPs. At night I had a group dinner where I met 6 new entrepreneurs and hung out with some old friends from law firms, banks and other VC funds. I know you emailed me and I emailed you back.

Software Review 381

Software Review Startup Email Conference 381

Both Sides of the Table

NOVEMBER 20, 2012

Now, I’m pretty on the record that being an entrepreneur is about being great at The Do. Do you find yourself too much in email mode? I regularly shut down my email so that I don’t get pop-up alerts when I’m working. I get sucked up in “Do” mode. Startups Are for Doers. I close my Twitter tab.

Venture Capital 400

Venture Capital Conference Ideas Entrepreneur 400

TechCrunch LA

JANUARY 26, 2020

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., Bryant launched his venture career with partner and serial entrepreneur Jeff Stibel back in 2013, according to Crunchbase.

Venture Capital 359

Venture Capital Los Angeles Legalzoom Calabasas 359

Startup Professionals Musings

APRIL 17, 2020

Being very visible in the startup community, I still get an amazing number of badly written emails, rambling executive summaries, and business plans with one paragraph per chapter. As a general rule, text messages or emails from a smartphone should never be used for business purposes with someone you don’t know well.

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Writing Entrepreneur Summary Email 125

Both Sides of the Table

MAY 9, 2012

I had a very enjoyable day in Cincinnati meeting many local entrepreneurs, angels and accelerators. In the age of Skype, email, cheap telephony and collaboration tools it’s all too easy to sit in your office and connect with people remotely. And as I was out of town it was a great chance to attempt to get caught up on email.

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Press Course Startup Email 364

Startup Professionals Musings

FEBRUARY 5, 2020

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. Too many entrepreneurs think that expert external advisors are suspect, or will slow them down.

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Startup Entrepreneur Examples Customer 131

Startup Professionals Musings

JUNE 18, 2021

You can’t win as an entrepreneur working alone. I hope all this seems obvious to you, but I still get a good number of notes from “entrepreneurs” who have been busy inventing things all their life, but can’t find a partner to start their first business, and others trying to find an executive, an investor, or a lawyer.

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Startup Professionals Musings

NOVEMBER 20, 2021

There are other social networks in the list of 300 “major sites” recognized by Wikipedia that entrepreneurs use for networking, depending on where you are in the world, like Viadeo, Ryze, and Sina Weibo, but talking to friends on Facebook probably won’t help you. Volunteer to help out with entrepreneur activities at your local university.

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Berkonomics

JANUARY 20, 2022

Dave’s note: This is a reprint of a 2015 insight that seems to have struck a chord with investors and entrepreneurs. None of this advice has changed… Let me tell you a few short hair–raising stories of entrepreneurs who have raised money and regretted it later. The problem, of course, comes if the business fails.

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Startup Entrepreneur Invest Course 317

Berkonomics

AUGUST 17, 2023

A personal story as an investor … [Email readers, continue here…] My very first investment as a professional angel was in a small startup where the entrepreneur’s vision fueled my imagination in the audio market niche where I had run a business in an earlier life. Trust works both ways.

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Invest Capital Startup Entrepreneur 296

Both Sides of the Table

JANUARY 22, 2013

My husband is Mark Suster and before he was a VC and blogger he was a startup entrepreneur like you. Don’t email him unless you have to. Most startup execs are barraged with hundreds of emails and they spend hours trying to reach the elusive Zero Inbox nirvana. And that’s often what your partner is looking for.

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Tips Startup Email Blogging 418

Both Sides of the Table

AUGUST 16, 2011

It’s the entrepreneur’s equivalent of “ 10,000 hours.&#. If you wait until you need to fill somebody in a roll you’re losing valuable time as an entrepreneur. You send them update emails. It should stick in your head as a metaphor for networking. For getting outside of your comfort zone.

Startup 410

Startup Writing Press Venture Capital 410

Both Sides of the Table

MAY 19, 2018

If you’ve got the skills to be a strong entrepreneur then it shouldn’t be too difficult to find people who know a partner at a VC firm and if you can build relationship with them you can get introduced. Most entrepreneurs (and VCs raising from LPs) think this means progress. Entrepreneur : “Sure. Some people find this elitist?—?I

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Funding Venture Capital Startup Email 336

Both Sides of the Table

OCTOBER 13, 2011

Here’s my advice: A got an email from a young, super bright entrepreneur today. He responded by emailing the COO and asking him to lunch. I get emails all the time from people asking me on a first date and saying, “how about if I buy you dinner.” They had never met. Here’s the deal. Not so much.

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Venture Capital Startup Email Networking 397

Both Sides of the Table

MAY 25, 2013

After all, I am no stranger to the publicly expressing the frustrations of dealing with the downside of this industry as I wrote about in 2006 when I was an entrepreneur. The best VCs don’t try to help entrepreneurs. Get to the entrepreneurs earlier next time. Get to the entrepreneurs earlier next time.

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Venture Capital Entrepreneur Invest Funding 374

Both Sides of the Table

SEPTEMBER 13, 2014

A couple of years ago an entrepreneur had requested a meeting with me to present his business. I wrote him the following email. “As an entrepreneur myself I COMPLETELY understand that you wouldn’t pass up on the impromptu and opportunistic chance to meet somebody so important to your business. They came from New York.

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Conference Startup Century City Email 369

Both Sides of the Table

JULY 27, 2013

Last year I wrote a blog post on entrepreneurs with a chip on their shoulders. A chip on one’s shoulder as in, “F**k the system, it’s broken and I want to fix it” is exactly the energy I look for in entrepreneurs. But even if a VC is nasty a rant email back isn’t the right way to channel your frustration.

Startup 371

Startup Press Blogging Entrepreneur 371

TechCrunch LA

DECEMBER 16, 2020

The initial M13 Launchpad program will leverage PepsiCo executives and advisors to take entrepreneurs-in-residence on a 12-week long program in ideating and launching a health and wellness-focused startup.

Los Angeles 245

Los Angeles Email Entrepreneur Platform 245

Both Sides of the Table

NOVEMBER 5, 2012

For the first time in history content producers can build a direct relationship with views through subscribers, email addresses and mobile phone number. How will you grab email addresses? I’m looking for a new breed of entrepreneur. Watch out for an investment announcement from me here soon. ” Me, “I see.

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Hollywood Content Yahoo Java 374

Both Sides of the Table

APRIL 27, 2014

Today we’re in a world where 10 accelerators are bombarding you with emails to meet their 10-15 companies. Of course these are great places to network with other investors, meet great entrepreneurs and keep your connections strong with senior execs at larger companies like Yahoo!, And there’s conferences. Web Summit.

Venture Capital 374

Venture Capital Invest Press Startup 374

Both Sides of the Table

APRIL 25, 2013

She was everything I was looking for in an entrepreneur to back. Soleil returns emails at 1.30am. So we have the pleasure of working with Dana Settle at Greycroft, whom I have a blanket offer with that any entrepreneur that wants to create room for Dana in a deal that I’m involved with has a free pass. As are her partners.

Startup 398

Startup Design Downey Activity 398

Berkonomics

MARCH 20, 2014

Here’s more advice from professional investors for aspiring entrepreneurs. Email readers, continue here.] I’ve often repeated that entrepreneurs must construct a short, single sentence “mantra” that explains what you do in as few words as possible, sometimes using the name of a well-known company as a proxy for your activities.

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Marketing Email Entrepreneur Activity 263

Both Sides of the Table

JUNE 12, 2013

I see it on email even more. ” In it he talked about how he gets daily emails asking for intros to Oprah (he does a lot of work with her) and his advice. One of the most common questions I hear from first-time entrepreneurs is, “How do I meet angels?” It seems we live in an era of “ask.”

Venture Capital 407

Venture Capital Press GRP Partners Blogging 407

Berkonomics

MARCH 16, 2017

That reality is a tough one for the professional investor, almost as tough as for those entrepreneurs who lose their businesses. None of this is to say that an inexperienced entrepreneur cannot lead a great new business.

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Statistics Ideas Entrepreneur Startup 243

Berkonomics

APRIL 6, 2017

First, if your vision is limited and you will be happy with a successful local dry cleaning enterprise or small restaurant around the corner, you are not the target for this effort to help entrepreneurs build great businesses that change the world. Please take what you can from these weekly posts. Many will apply directly to you.).

Entrepreneur 256

Entrepreneur Course Resource Email 256

socalTECH

SEPTEMBER 15, 2017

Los Angeles-based StartEngine , the equity crowdfunding site led by serial entrepreneur Howard Marks, told its supporters on Friday that it is planning to launch a new, equity crowdfunding effort: for itself.

Equity 187

Equity Sites Email Los Angeles 187

Both Sides of the Table

JANUARY 16, 2013

I’m very excited to be finally be able to announce that this week we’ve added Sam Rosen to our ranks at GRP Partners in the role of entrepreneurs-in-residence – EIR. He sent me a few nice emails. I thought Sam might know some talented young entrepreneurs to apply. Come to entrepreneur pitches.

Startup 372

Startup Course Ideas Invest 372

Berkonomics

JUNE 29, 2017

Email readers, continue here…] My very first investment as a professional angel was in a small startup where the entrepreneur’s vision fueled my imagination in the audio market niche where I had run a business in an earlier life. The degree of care you take increases with the reduced distance between you and your investor.

Invest 243

Invest Entrepreneur Sales Startup 243

Berkonomics

JULY 20, 2023

and this is a forecast: [Email readers, continue here…] But during the year, if the forecast revenues fall short or are greatly exceeded, it is fair to revise the budget and rethink your hiring and resources. Many entrepreneurs are impatient by nature, not the best of detailed planners.

Resource 291

Resource Email Competition Entrepreneur 291

Both Sides of the Table

JUNE 13, 2018

As a VC and former entrepreneur let me offer you some advice. Remember that the goal of an email to a VC or an introduction from a trusted mutual connection is simply to get you the meeting. This is part of a series on how to improve your fund raising game. The first post & the full outline if you click the link.) Poppycock.

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Venture Capital Slides Email Startup 261

Berkonomics

JANUARY 7, 2021

Think of startups and early stage businesses whose entrepreneurs you know. One: The entrepreneur. First, there is the entrepreneur , the visionary, and force behind the venture from start to finish. It starts with sharing the opportunity and upside. Two: Co-management. Dividing equity among those that fill the management gap.

Startup 240

Startup Equity Statistics Entrepreneur 240

Berkonomics

NOVEMBER 10, 2016

It is natural for executives and entrepreneurs with lots on their plate and little extra time – to just keep up the same activities that have made the company a success. Email readers, continue here…] Employees love progress and excitement when involved in something refreshing and new.

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Activity Email Customer Custom 226

Berkonomics

JUNE 22, 2017

And the prime motivators of this massive destruction are the same class of entrepreneurs and innovators that have done it before. Email readers, continue here…] Yes, Amazon is partially to blame. Thought so. We are in a decade of creative destruction that will affect most everybody. Since 1999, the U.S.

Artificial Inteligence 295

Artificial Inteligence Class Coach Education 295

Both Sides of the Table

JUNE 25, 2013

Many first-time entrepreneurs have grown up digital natives so have a really good intuitive feel for technology & design but don’t yet have the business basics down. . This shows itself when people try to do an elevator pitch, send concise, actionable emails or have a quick phone call with you to ask for help. .

Startup 364

Startup Writing Help Email 364

TechCrunch LA

APRIL 9, 2020

For founder Jeremy Redman, V/One was a business that solved a problem he had faced himself as an entrepreneur just starting out, but lacking the technical experience to build his own applications. “But, I wasn’t going to let someone tell me I couldn’t be a tech entrepreneur.”

Mobile 250

Mobile Develop Development Artificial Inteligence 250

Both Sides of the Table

MAY 13, 2018

The surest sign a fund-raising process has stalled is when you aren’t getting follow-up meetings or hearing from the VC or hearing from friends that they got a phone call or email asking about you. Remember, I was an entrepreneur for 10 years before a VC). Most entrepreneurs don’t put enough effort into these phases.

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Venture Capital Funding Startup Sales 332