Startup Professionals Musings

JANUARY 16, 2013

When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. Of course there are people who are great at getting things done, but haven’t had an original idea in their life. Great entrepreneurs, like Bill Gates, are great at both. Product development.

Ideas 110

Ideas Entrepreneur Startup Technical Review 110

Berkonomics

JULY 3, 2024

And it is more satisfying because it is yours, from idea to execution. Email readers, continue here…] This moment is not to be spoiled by such mundane warnings from advisors or consultants to plan carefully, research the market and competition, and execute the plan with tenacity and enthusiasm.

Startup 156

Startup Hollywood Writing Press 156

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.

Entrepreneur 140

Entrepreneur Startup Social Network Mentor 140

InfoChachkie

MAY 7, 2012

Ideas are infinite, and in the absence of competent execution, they are worth nothing. Thus, if both ideas and money are abundant, what is the scarce constraint in the fundraising equation? Skilled entrepreneurs bring ideas and money together by building a bridge of trust.

Ideas 251

Ideas Venture Capital Education Entrepreneur 251

Berkonomics

MAY 11, 2023

Email readers, continue here…] That reality is a tough one for the professional investor, almost as tough as for those entrepreneurs who lose their businesses. Among professional investors, almost all would rather back a great team with an average idea before backing a great idea and inexperienced team.

Statistics 156

Statistics Startup Ideas Entrepreneur 156

socalTECH

AUGUST 6, 2012

At least six, Southern California companies -- Nimble , ParkMe , Quarterly , Beachmint , Chromatik , and Dollar Shave Club -- have been named as one of Entrepreneur Magazine's 100 Brilliant Companies list today, a healthy share of the publication's annual look at the best ideas, hottest industries, and innovators.

Dollar Shave Club 231

Dollar Shave Club Southern California Entrepreneur Company 231

Berkonomics

JUNE 22, 2023

Email readers, continue here…] Have you created high barriers to entry? Some great ideas just can’t make money and ultimately die for lack of profit potential. Can you translate an idea into a compelling product? Some great ideas just cannot be made into a product at a reasonable enough price to attract customers.

Patents 286

Patents Pricing Ideas Marketing 286

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.

Startup 131

Startup Entrepreneur Examples Customer 131

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.

Startup 317

Startup Entrepreneur Invest Course 317

Startup Professionals Musings

JANUARY 24, 2015

Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Yet I can assure you that people who are paranoid, or want to avoid all risks, won’t be happy as entrepreneurs, so it’s all about balancing the risk-reward scale.

Ideas 106

Ideas Technical Review Patents Entrepreneur 106

Startup Professionals Musings

OCTOBER 15, 2023

Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Yet I can assure you that people who are paranoid, or want to avoid all risks, won’t be happy as entrepreneurs, so it’s all about balancing the risk-reward scale.

Technical Review 101

Technical Review Patents Ideas Sample 101

Berkonomics

MARCH 16, 2023

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. Why should we ask this question?

Coach 156

Coach Artificial Inteligence Entrepreneur Resource 156

Berkonomics

MAY 9, 2024

Email readers, continue here…] Have you created high barriers to entry? Some great ideas just can’t make money and ultimately die for lack of profit potential. Can you translate an idea into a compelling product? Some great ideas just cannot be made into a product at a reasonable enough price to attract customers.

Patents 156

Patents Pricing Ideas Marketing 156

Berkonomics

JULY 7, 2022

First, visionary leadership: By far the most enjoyable for most of us is visionary leadership – the time we spend thinking ahead, creating new ideas for products or services, focusing on the big picture and how we can change the world with our creation. Email readers, continue here…]. Second: strategic thinking and planning.

Metrics 293

Metrics Ideas Conference Email 293

Startup Professionals Musings

DECEMBER 15, 2010

When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. Of course there are people who are great at getting things done, but haven’t had an original idea in their life. Great entrepreneurs, like Bill Gates, are great at both. Product development.

Ideas 95

Ideas Entrepreneur Startup Technical Review 95

Tech.Co

MAY 16, 2024

However, despite growing optimism, the path to success for Black entrepreneurs is still paved with systematic barriers in 2024. Power Forward Small Business Grant Black Founder Startup Grant Powershift Entrepreneurs Grant NAACP and Lelsie’s Certification Boost Grant U.S. You can unsubscribe at any time.

Design 224

Design Commerce Entrepreneur News 224

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. “I had an app idea but no real idea how to executive it. I’m non-technical, meaning I can’t code.

Mobile 250

Mobile Develop Development Artificial Inteligence 250

Berkonomics

JUNE 20, 2024

It was thrilling for these angels to find a young entrepreneur with an idea for a business that seemed so destined for greatness that the angels invested over $1 million on the condition that the group receive two board seats and one observer seat on the start-up’s board. And the result for the entrepreneur for taking this advice?

Entrepreneur 156

Entrepreneur Startup Invest Angel 156

Berkonomics

DECEMBER 15, 2022

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. for the employees too.

Activity 156

Activity Email Customer Custom 156

Both Sides of the Table

OCTOBER 22, 2010

On why you should be an entrepreneur, “A lot of people do what they have to do. He said that he noticed a lot of tech entrepreneurs don’t speak into the mic, don’t project their voices with confidence and aren’t necessarily paying attention to the mood or energy of the audience. This was in the 90′s.

Entrepreneur 356

Entrepreneur Venture Capital Startup Email 356

Berkonomics

MAY 18, 2023

But all will immediately question whether the new business will compete in any way with their enterprise and react to the future entrepreneur in either of two very distinct ways based upon those fears. Most senior and middle level managers will understand when a subordinate comes to them to resign and begin a new business.

Company 156

Company Companies Layoffs Competition 156

Both Sides of the Table

DECEMBER 14, 2009

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I wanted to also post the series here to have it as a resource on my blog for future entrepreneurs who stop by. If you haven’t spent time over there you should.

Entrepreneur 338

Entrepreneur Startup Venture Capital Google 338

Startup Professionals Musings

MARCH 21, 2021

When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. Of course there are people who are great at getting things done, but haven’t had an original idea in their life. Great entrepreneurs, like Bill Gates, are great at both. Product development.

Activity 133

Activity Startup Ideas Technical Review 133

Startup Professionals Musings

NOVEMBER 12, 2022

Business success is still more about the people than the technology or idea involved. As an angel investor and a mentor to entrepreneurs I still see this every day. Every entrepreneur needs to start by setting a major purpose for embarking down a specific business path. This is a level of belief that has action behind it.

Technical Review 119

Technical Review Ideas Entrepreneur Customer 119

Both Sides of the Table

JANUARY 31, 2011

One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? I thought I’d talk a bit about the differences I’ve experienced between being an entrepreneur & a VC – you know, from “both sides of the table.&#. On Being an Entrepreneur.

Entrepreneur 384

Entrepreneur Startup Venture Capital Ideas 384

Startup Professionals Musings

JANUARY 9, 2023

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. Keep these in mind as you look for others to join you in supporting your idea to change the world: Get to the point in the first sentence.

Tips 123

Tips Writing Startup Summary 123

Berkonomics

SEPTEMBER 12, 2024

After the non-compete expires [Email readers, continue here…] How about after the two-year limitation in your non-compete agreement? About starting over or repurchasing your business Many entrepreneurs have new and better ideas for a similar product and wait out the non-compete by watching the clock.

Patents 156

Patents Sales Product Email 156

Startup Professionals Musings

OCTOBER 25, 2015

Business success is still more about the people than the technology or idea involved. As an angel investor and a mentor to entrepreneurs I still see this every day. Every entrepreneur needs to start by setting a major purpose for embarking down a specific business path. This is a level of belief that has action behind it.

Entrepreneur 108

Entrepreneur Ideas Customer Custom 108

Berkonomics

MARCH 1, 2012

Starting and running a small or growing business can be a challenge to the most confident and optimistic entrepreneur. Most any entrepreneur with a clean credit record can obtain a bank card with a $50,000 limit, if s/he is willing to give a personal guarantee and has enough assets to back the promise it contains.

Entrepreneur 176

Entrepreneur Startup Email Ideas 176

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. Among professional investors, almost all would rather back a great team with an average idea before a great idea and inexperienced team.

Statistics 243

Statistics Ideas Entrepreneur Startup 243

InfoChachkie

JULY 21, 2016

The reality television show Shark Tank makes for entertaining content but many of its underlying messages are potentially detrimental to tech entrepreneurs. Thus, emerging entrepreneurs should parse fact from fantasy by watching the show with an experienced business pro. It is also an inspirational alter call to entrepreneurship.

Entrepreneur 100

Entrepreneur Entertainment Technical Review Ideas 100

InfoChachkie

JUNE 4, 2012

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Attempt To License An Idea. Rationale: My idea is so mind-blowingly fantastic, I can sit back and collect licensing fees while someone else does all the work required to turn my idea into a successful business.

Entrepreneur 272

Entrepreneur Outsource Ideas Technical Review 272

Startup Professionals Musings

SEPTEMBER 3, 2014

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. Keep these in mind as you look for others to join you in supporting your idea to change the world: Get to the point in the first sentence. Martin Zwilling.

Writing 109

Writing Entrepreneur Summary Email 109

Berkonomics

JULY 15, 2021

Many senior managers and early entrepreneurs create their own mess with this one. The first professional senior manager that an entrepreneur hires to share the growing workload does not last more than a year. Email readers, continue here…] I’ve seen this happen so many times, it is almost a rule for me.

Entrepreneur 156

Entrepreneur Coach Metrics Startup 156

Berkonomics

OCTOBER 8, 2015

Email readers, continue here…] First there comes a sense of relief, knowing that you no longer need to worry over daily cash or threats to your net worth. But what most entrepreneurs fail dramatically at is to celebrate the moment. The do as all good entrepreneurs do. Start dreaming of the next big idea.

Entrepreneur 120

Entrepreneur Writing .Net Sales 120

Startup Professionals Musings

AUGUST 9, 2014

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. Marty Zwilling.

Entrepreneur 102

Entrepreneur Social Media Startup Blogging 102

Startup Professionals Musings

NOVEMBER 6, 2021

Effective communication is an absolute requirement for successfully starting a business, but it doesn’t come naturally to many entrepreneurs. Founders have to communicate their ideas and products to investors, business partners, and the rest of the team. Although people should be safe, ideas should not be. Intellectual rigor.

Startup 134

Startup Writing Ideas Entrepreneur 134