Startup Professionals Musings

FEBRUARY 7, 2021

Some pundits argue that the E-Myth principle is now outdated, due to the instant access to information via the Internet, pervasive networking via social media, and courses on entrepreneurship at all levels of education. In the interim, I recommend you use advisors, social media, and the Internet to find your alter-ego. Hence most fail.

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Technical Review Social Media Startup Internet 341

Startup Professionals Musings

MARCH 14, 2022

I continue to believe that most of the data gathering in the real world, and on the Internet, is done by businesses to help you find what you want, protect you, and improve your experience, rather than invade your privacy or scam you. That challenge is a major business opportunity, as well as a risk, for startups.

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Technical Review Customer Social Network Software Review 342

Startup Professionals Musings

SEPTEMBER 7, 2020

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Here is my perspective on the highest risk elements, from my years of working with investors and watching startups come and go: All the co-founders are first-time entrepreneurs.

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VC Cafe

FEBRUARY 6, 2025

Drawing insights from ARK Invest’s Big Ideas report, Y Combinator ’s Requests for Startups, and market trends, this post explores the most promising opportunities for entrepreneurs looking to make an impact in 2025. This is an extension of the previous list with new sources and startup requests.

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Startup Professionals Musings

NOVEMBER 14, 2020

I heard it again recently from a technical entrepreneur who should know better than to believe the old “ Field of Dreams ” sports fantasy movie theme in today’s Internet information overload environment. The best startups give everyone business cards and encourage team members to talk about the business with anyone who should be interested.

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Startup Professionals Musings

JULY 5, 2020

Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Everyone needs to realize that whether it’s in the workplace or in the startup community, business is a new world today with new rules.

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Startup Professionals Musings

DECEMBER 20, 2021

With real-time online reviews and feedback via the Internet, and instant relationships via social media, a voice from the top that is inconsistent with what is heard from the firing line defines a dysfunctional and noncompetitive company for today’s customer. It takes an effective team to attract and serve a community in business these days.

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Startup Professionals Musings

SEPTEMBER 16, 2022

These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. With the high-speed Internet, our workers can be anywhere in the world.” When you sign up remote workers, you’ll start to rely heavily on collaborative tools, Internet bandwidth, and new data security tools.

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Cost Philippines Bandwidth Cofounder 346

Startup Professionals Musings

AUGUST 17, 2020

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. Passion, optimism, and determination are necessary but not sufficient to assure a successful startup. Most startup projects require special skills and a motivated team.

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Startup Professionals Musings

JANUARY 22, 2023

In my experience, the Silicon Valley startup model, focused on disrupting established industries, has treated the USA well and created some great global businesses. It has played almost no role in the emergence of current non-US bred startups, including Alibaba in China, Waze from Israel, Paytm in India, and many more.

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Startup Professionals Musings

OCTOBER 12, 2022

In any business domain, there is no substitute for skills acquired by personal experience to supplement any academic training and the Internet. Can demonstrate domain expertise and experience. You have to lead by example, setting a personal standard for competence for all to follow if you intend to lead your competitors and customers.

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Startup Professionals Musings

OCTOBER 3, 2020

The pervasiveness of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “open leadership.” This process works well in today’s extremely flat and non-hierarchical startup organizations. Distributed.

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Framework Leadership Social Media Software Review 397

Startup Professionals Musings

JUNE 12, 2022

With e-commerce, Internet, and smartphone apps, anyone can be an entrepreneur today for a few hundred dollars, without a huge investment, bank loans, venture capitalists, or angels. Gen-Z is approaching the business world with more solid personal goals, and expect to create something that is creative, fun, and rewarding.

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Startup Professionals Musings

AUGUST 4, 2023

I’ve heard it many times from technical entrepreneurs who should know better than to believe the old “ Field of Dreams ” sports fantasy movie theme in today’s Internet information overload environment. The best startups give everyone business cards and encourage team members to talk about the business with anyone who should be interested.

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VC Cafe

MARCH 1, 2024

Most startups equate the process of fundraising to dating – founders have to typically kiss a lot of frogs until the find the right fit. Climate tech – We have a fair chance of avoiding catastrophic climate change if startups offer commercial solutions to decarbonize society or remove carbon from the atmosphere.

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Artificial Inteligence Technical Review Software Review Generative AI 176

The Startup Magazine

APRIL 4, 2025

The Edtech market is expected to grow by 16% between this year and 2029, providing a great deal of opportunity for startups. One EdTech startup from Colorado is leading the pack when it comes to long-term impact. To date, much of the growth of the EdTech sector has focused on technology that enhance student learning.

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Startup Professionals Musings

OCTOBER 22, 2021

Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. The best place to learn is by scouting around the Internet today. Use the Internet to outsource staff.

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Steve Blank

JANUARY 17, 2023

Three types of organizations – Incubators, Accelerators and Venture Studios – have emerged to reduce the risk of early-stage startup failure by helping teams find product/market fit and raise initial capital. They do the most to de-risk the early stages of a startup. Reducing Startup Risk.

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Startup Professionals Musings

MARCH 12, 2022

In my experience as an angel investor to startups, goodwill disagreements are perhaps the most common reason that you will fail to close interested investors as an entrepreneur. With today’s worldwide Internet and social media, your brand impact is not set by what you say, but by numbers of followers, influencers, and satisfied customers.

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Valuation Technical Review Due Diligence Angel Investor 368

Startup Professionals Musings

JUNE 28, 2021

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Thus investing in startups should always be approached as a low odds game.

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Startup Professionals Musings

MARCH 4, 2020

It’s no wonder that 45 percent of startups fail in the first five years, and an even smaller percentage ever see a return for their years of effort. Trying to save costs by seeking resumes on the Internet will result in poor quality candidates, more time required for screening and interviews, and high turnover.

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Hiring Matching Cost Internet 339

Startup Professionals Musings

FEBRUARY 20, 2023

As a mentor to startups, I see more startups that are really an individual professional, marketing themselves as a consultant or freelancer in this new gig economy. Tomorrow you may be looking for a Personal Finance Professional, Health-Care Professional, or even a Startup Professional.

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Angel Investor Social Media LLC Viral 267

Startup Professionals Musings

JANUARY 3, 2022

Startup investors tell me they invest in a new venture with a higher caliber of people, rather than the product or service, and I agree. In my role as a business advisor, I see successful businesses most often emerging from great teams rather than great products.

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Startup Professionals Musings

DECEMBER 30, 2020

Thus I often recommend that before you kick off your own business, you join another startup or existing business to see how things really work. With information overload due to the Internet, you need to find your customers, rather than assume they will find you. Even the best college degree is not a substitute.

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Intellectual Property Entrepreneur Technical Review Angel Investor 432

Startup Professionals Musings

OCTOBER 30, 2020

Most of you prefer to ignore the feedback from analysts that your chances of creating the next unicorn startup may be as low as one in five million. Products that can be easily produced and sold via multiple channels, including the Internet, are more easily scaled world-wide. The big question is how you can beat these odds.

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Merger Acquisition Software Review Social Media 386

Startup Professionals Musings

MAY 13, 2023

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. Passion, optimism, and determination are necessary but not sufficient to assure a successful startup. Most startup projects require special skills and a motivated team.

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Technical Review Due Diligence Intellectual Property Internet 267

Startup Professionals Musings

JULY 13, 2022

Even if your business is purely local, growth must always be a priority, and you need to utilize all these digital channels available to you today, as well as traditional media channels and industry forums: Maintain an active current presence on the Internet.

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Technical Review Social Media Channel Flash 355

Startup Professionals Musings

JUNE 28, 2023

The pervasiveness of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “open leadership.” This process works well in today’s extremely flat and non-hierarchical startup organizations. Distributed.

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Social Media Media Software Review Social Network 281

Startup Professionals Musings

SEPTEMBER 16, 2023

Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Rounding out the team with employees and freelancers.

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Intellectual Property Entrepreneur Angel Groups Social Media 261

Startup Professionals Musings

APRIL 2, 2022

Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. High-technology product startups, without customers, don’t make a business. Startups earn relationships and resulting stature the same way.

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Customer Technical Review Social Media Social Network 306

Startup Professionals Musings

MAY 26, 2023

Major leading-edge (also called bleeding-edge) products or technologies, such as artificial intelligence (AI) or the Internet of Things (IoT), involve new concepts, time for acceptance, and focus on understanding value. Don’t count on these as short-term solutions to a growth problem.

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Product Technical Review Artificial Inteligence Dividend 354

Steve Blank

APRIL 4, 2023

(Researchers believe this tipping point is result of the complex interactions between the neural network architecture and the massive amounts of training data it has been exposed to – essentially everything that was on the Internet as of September 2021.) Other economists are just realizing the ripple effect that this technology will have.

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Startup Professionals Musings

JUNE 29, 2022

These authors speak from their own wealth of experience in creating and growing technology startups, marketing, and fundraising. Personal branding is how we market ourselves to others, and is very important in this Internet age. The days are gone when you could hide behind the company brand.

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Silicon Valley Angel Investor Technical Review Boston 325

Startup Professionals Musings

NOVEMBER 28, 2022

Hiring in any new venture needs to be a structured and high priority task, not the ad hoc informal process I see in many startups that are struggling to grow: Crisis mode hiring rather than planned team growth. I’m not suggesting executive search firms for every startup position, but national recruiting organizations will get better results.

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Cost Hiring Matching Internet 260

Startup Professionals Musings

SEPTEMBER 8, 2021

As a long-time business advisor, and an investor in startups along the way, I’m always on the lookout for an entrepreneur who is responding first to a problem in the marketplace , rather than bringing a new technology to the market, assuming it will find a problem to solve. The Internet and social media are also a key knowledge source.

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Startup Professionals Musings

OCTOBER 15, 2022

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Many key insights to success in any business can’t be learned from books or the Internet. Expert in your chosen domain.

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Intellectual Property Angel Investor Early Stage Venture Capital 278

The Startup Magazine

JULY 25, 2024

The internet has made it much easier to research rival products and discover more about them. You can also use the internet to research various data that can be useful for marketing such as finding out what keywords other companies are targeting. CCO Licensed. There are even databases dedicated to product blueprints and designs.

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