Berkonomics

MARCH 9, 2017

Well, the numbers don’t lie, even if there are several sources of these statistics. We have years of real data to call upon: data that impacts both investors and entrepreneurs. Bureau of Labor Statistics states that 50% of all businesses survive five years or more, and about one-third survive ten years or more. And risky too.

Startup 266

Startup Statistics Tech Coast Angels Study 266

Berkonomics

MARCH 18, 2021

Here’s the ultimate thing about entrepreneurism. Resources such as money, experience, statistics about your target, experienced marketing and sales talent, and especially a compelling need and attractive product are all important to the ultimate success of an enterprise. The post Entrepreneurism is all about personal risk.

Entrepreneur 156

Entrepreneur Resource Statistics Customer 156

Startup Professionals Musings

AUGUST 30, 2021

Therefore, the least you can do is take advantage of some of the self-assessment tools and guides around, like the classic book “ The Entrepreneur Equation ,” by Carol Roth, which highlights personal characteristics and skills required. Statistics say that the failure rate for new businesses within the first 5 years is as high as 90 percent.

Entrepreneur 169

Entrepreneur Startup Statistics Guide 169

Startup Professionals Musings

JULY 9, 2021

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you, and demonstrating your readiness.

Entrepreneur 156

Entrepreneur Tips Funding Startup 156

InfoChachkie

JUNE 3, 2013

Consistent with the statistics cited in Why Entrepreneurs Hate (Most) MBAs , the large majority of John and Kyle''s classmates accepted positions at investment banks and consulting firms upon graduation. Wow, we''ve heard about your newsletter, and it seems to be motivating and inspiring entrepreneurs around the country.

Newsletter 233

Newsletter Startup Entrepreneur Writing 233

Berkonomics

MARCH 16, 2017

If you read last week’s analysis of statistics for startups and early stage businesses, you have learned the truth that at least half of the businesses backed by professional early stage investors will die within three years or less. None of this is to say that an inexperienced entrepreneur cannot lead a great new business.

Statistics 243

Statistics Ideas Entrepreneur Startup 243

socalTECH

AUGUST 19, 2011

In our Insights and Opinions section this Friday morning, Frank Peters , angel investor and podcaster at the Frank Peters Show , shares his opinions on startups making Google their exit strategy: It's the exit strategy for too many entrepreneurs: "Google's a target exit partner." Meanwhile entrepreneurs dream. Continued.).

Google 157

Google Statistics Venture Capital Entrepreneur 157

Startup Professionals Musings

AUGUST 22, 2014

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market-research data. Successful entrepreneurs get the job done quickly, without breaking the bank.

Marketing 97

Marketing Entrepreneur Statistics Research 97

Startup Professionals Musings

NOVEMBER 30, 2020

Billionaire entrepreneur and "Shark Tank" co-host Mark Cuban is an outspoken proponent of the all-in early approach in a video interview, and made it clear that he gives no credibility and low odds to founders seeking funding who have not fully committed their time and efforts to their cause. The early entrepreneur lifestyle is not much fun.

Startup 128

Startup Entrepreneur Satisfaction News 128

Startup Professionals Musings

AUGUST 14, 2020

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Successful entrepreneurs get the job done quickly, without breaking the bank.

Marketing 157

Marketing Statistics Research Report 157

socalTECH

MAY 1, 2013

From the annual search statistics from Google and Bing , it''s clearly information about celebrities. Britton is a serial entrepreneur, who was last head of ResourceWebs, which he recently sold to a private equity firm. What are the most searched for things on the Internet? The design just went live in the last couple of weeks.

Web Design 182

Web Design Santa Monica Statistics Web 182

Berkonomics

JANUARY 7, 2021

Think of startups and early stage businesses whose entrepreneurs you know. Nearly none, if statistics and experience are key to the answer. One: The entrepreneur. First, there is the entrepreneur , the visionary, and force behind the venture from start to finish. Two: Co-management.

Startup 240

Startup Equity Statistics Entrepreneur 240

Startup Professionals Musings

OCTOBER 7, 2011

Every entrepreneur needs to be honest about their strengths and weaknesses, and realistic about their reasons for choosing the startup route. For any entrepreneur, even the best business opportunities, if entered for the wrong reasons, will likely fail. Being an entrepreneur is not a part-time job.

Entrepreneur 111

Entrepreneur Statistics Startup Invest 111

Startup Professionals Musings

SEPTEMBER 24, 2014

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Real contracts, testimonials, and even statements of intent are much more effective, if not real revenue and growth statistics.

Entrepreneur 119

Entrepreneur Technical Review Statistics Startup 119

Startup Professionals Musings

OCTOBER 24, 2010

For example, my personal interest is entrepreneurs, and MySpace is for tweens. Here is my characterization of the social networking scene, as it relates to business networking for entrepreneurs and startups: Twitter. Believe it or not, this is my favorite for entrepreneurs. Entrepreneurs can find like-minded people here.

Social Network 102

Social Network Networking Entrepreneur Statistics 102

Berkonomics

APRIL 28, 2012

This important variation on “money talks” is an important consideration for entrepreneurs when seeking an investment from professionals such as VC’s. Something like a marriage (and often lasting just as long statistically), your investment partner can be a great cheerleader, coach and resource.

Coach 174

Coach Venture Capital Statistics News 174

Startup Professionals Musings

JULY 18, 2020

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Either could improve the statistic that half of startups fail within the first five years. The number one reason seems to be that the founders just walk away.

Entrepreneur 121

Entrepreneur Startup Statistics Course 121

Startup Professionals Musings

JULY 14, 2013

Making the decision to become an entrepreneur is a major commitment, with huge implications for skills and lifestyle. Therefore, the least you can do is take advantage of some of the self-assessment tools and guides around, like “ The Entrepreneur Equation ,” by Carol Roth, which highlights personal characteristics and skills required.

Entrepreneur 114

Entrepreneur Startup Statistics Guide 114

Startup Professionals Musings

MAY 18, 2014

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you. Financial model.

Entrepreneur 108

Entrepreneur Startup Writing Slides 108

Berkonomics

APRIL 20, 2023

Well, the numbers don’t lie, even if there are several sources of these statistics. We have years of real data to call upon: data that impacts both investors and entrepreneurs. Bureau of Labor Statistics states that 50% of all businesses survive five years or more, and about one-third survive ten years or more. And risky too.

Statistics 156

Statistics Startup Study Invest 156

socalTECH

APRIL 4, 2013

Brenton Sullivan: We really put the customer at the center of our business, something that many entrepreneurs miss out on. That''s the quantitative analysis of statistics to find players. But, we believe that the process doesn''t work at the high school level, because those statistics are not reliable. It''s a big topic.

Coach 252

Coach USC Statistics Startup 252

Startup Professionals Musings

SEPTEMBER 12, 2014

The last thing a new entrepreneur wants to think about for a new startup is how it will end. If the entrepreneur plans to grow the company into a family business, or keep it private, they will either never be interested in buying out investors, or will certainly not be motivated to provide the 10x return that investors are looking for.

Entrepreneur 115

Entrepreneur Startup Technical Review Equity 115

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Statistics show that the failure rate for new startups within the first 5 years is as high as 50 percent. Execution skills are weak.

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

Berkonomics

MAY 11, 2023

Here’s a test: Several weeks ago, we published statistics of start-up and company failures. If you read that analysis of statistics for startups and early-stage businesses, you have learned the truth that at least half of the businesses backed by professional early-stage investors will die within three years or less.

Statistics 156

Statistics Startup Ideas Entrepreneur 156

Startup Professionals Musings

DECEMBER 14, 2014

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. That’s not an attractive statistic if you crave control and power. business dilemma entrepreneur founder Noam Wasserman'

Entrepreneur 107

Entrepreneur Statistics Equity Satisfaction 107

Startup Professionals Musings

DECEMBER 22, 2014

Successful entrepreneurs are the ones who think the most creatively, not only in their initial product or service, but more importantly all through the stages of growth from startup to maturity. Entrepreneurs have to be careful not to look too hard for evidence that confirms their passion and positive perspective. Think about that one.

Entrepreneur 113

Entrepreneur Metrics Demand Statistics 113

InfoChachkie

APRIL 9, 2012

These entrepreneurs do not risk everything, work outrageous hours and put themselves under extreme pressure because they want to. If it were a decision to be an entrepreneur, then most right-minded individuals would decide to turn back when they encountered the first inevitable startup crises. Entrepreneurs want to matter.

Startup 243

Startup Ideas Entrepreneur Statistics 243

Startup Professionals Musings

JANUARY 4, 2015

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Check competitor numbers and industry average statistics to get you in the right range. entrepreneur financial forecast investor startup'

Entrepreneur 102

Entrepreneur Startup Pricing Sales 102

Startup Professionals Musings

JUNE 1, 2015

Image via Flickr by Jupiter Labs Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. Every good entrepreneur needs to invest skin in the game, to show credibility and leadership to others.

Entrepreneur 106

Entrepreneur Startup Equity Invest 106

Startup Professionals Musings

NOVEMBER 25, 2020

With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. These groups are now largely run by volunteers at no cost to entrepreneurs. But don’t be misled – these are just the cream of the crop.

Equity 164

Equity Statistics Platform Entrepreneur 164

socalTECH

SEPTEMBER 16, 2019

San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificial intelligence (AI) to identify property tax scofflaws. The company said its latest funding was worth $500,000.

Artificial Inteligence 153

Artificial Inteligence Software Technology Riverside 153

Startup Professionals Musings

MAY 6, 2023

Many entrepreneurs are so enamored with their product vision that they believe their own hype and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Successful entrepreneurs get the job done quickly, without breaking the bank.

Statistics 120

Statistics Research Report Newsletter 120

Startup Professionals Musings

JULY 3, 2015

The visibility of Google, Facebook and a few others continues to propagate the myth that the ultimate objective of every entrepreneur should be to take their startups public via an initial public offering at the earliest opportunity. For every entrepreneur, I recommend first a personal assessment of your goals and strengths.

Entrepreneur 98

Entrepreneur Startup Report Statistics 98

Startup Professionals Musings

JANUARY 11, 2014

If your people and your startup do not change, statistics say you won’t survive. business change rate comfort zone entrepreneur startup' In summary, change will happen. It’s up to you to get out of your comfort zone and make things happen in your startup, rather than let things happen to your business. Marty Zwilling.

Entrepreneur 110

Entrepreneur Startup Training Statistics 110

Startup Professionals Musings

MARCH 28, 2013

Many people, especially those who have spent years struggling up the corporate ladder, dream of jumping ship and becoming an entrepreneur. But every job move is fraught with risk, and the move from employee to entrepreneur is on the high end of the risk curve. More money in the short term is unlikely as an entrepreneur.

Entrepreneur 89

Entrepreneur Startup Statistics Mentor 89

Startup Professionals Musings

DECEMBER 17, 2012

Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay. Message supports are stories, statistics, and sound bites that reinforce your message. Why do many entrepreneurs think they can “wing it” and get the same results? Both need to be clear and direct.

Training 93

Training Media Entrepreneur Social Media 93

Berkonomics

SEPTEMBER 4, 2014

Entrepreneurism is all about risk. Resources such as money, experience, statistics about your target, experienced marketing and sales talent, and especially a compelling need and attractive product are all important to the ultimate success of an enterprise. By Dave Berkus.

Resource 184

Resource Statistics Customer Custom 184