Startup Professionals Musings

APRIL 4, 2022

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months. Are you ready to start?

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

JULY 8, 2015

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months. Are you ready to start?

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Professionals Musings

DECEMBER 6, 2019

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months. Are you ready to start?

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

JULY 8, 2022

In my work with entrepreneurs, I have concluded that finding and communicating that purpose is often more important than the solution offered. If your business is health-technology related, I urge you to share this with your team, and with customers, and ask for their help, versus leaning on profitability, price, and process.

Technical Review 357

Technical Review Green Social Media Lean 357

Startup Professionals Musings

NOVEMBER 4, 2022

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation.

Technical Cofounder 309

Technical Cofounder Cofounder Advisory Board Startup 309

Startup Professionals Musings

JUNE 30, 2019

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months. Are you ready to start?

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

FEBRUARY 9, 2020

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation.

Technical Cofounder 308

Technical Cofounder Cofounder Advisory Board Stock Options 308

Startup Professionals Musings

JANUARY 22, 2018

He is regarded by many as the number-one authority on virtual staffing and personal outsourcing, and is himself a successful entrepreneur based in the Philippines. I was impressed with his summary of the top ten outsourcing mistakes made by entrepreneurs, followed by real guidance on how they can and should be avoided.

Philippines 181

Philippines Bandwidth Cofounder Affiliate 181

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. At this stage, I typically find a solo entrepreneur who creates, manages projects, directs, and oversees every step in the process.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

Startup Professionals Musings

JUNE 5, 2017

I found this perspective validated in a new book, “ Plan Commit Win: 90 Days to Creating a Fundable Startup ,” by serial entrepreneur and strategic consultant Patrick Henry. The result is a win-win-win situation for investors, entrepreneurs, and customers alike. Implement “lean startup” principles.

Technical Review 152

Technical Review Stealth Lean Social Media 152

Startup Professionals Musings

FEBRUARY 19, 2013

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months. Are you ready to start?

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JULY 1, 2017

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months. Are you ready to start?

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

JULY 4, 2021

Every entrepreneur I know is short on resources, including time, money, and skills. Much has been written about this subject in the world of manufacturing, stemming primarily from the 1990’s work by Taiichi Ohno, called the Toyota Production System (“Lean”). Too many entrepreneurs confuse action with momentum and results.

Startup 404

Startup Lean Metrics Matching 404

Startup Professionals Musings

OCTOBER 21, 2019

Conventional business wisdom tells us that entrepreneurs are today’s main source of innovation. In fact, a Wharton Business School study in this decade of the “Top 30 Innovations of the Last 30 Years,” concluded that only eight were first conceived by entrepreneurs, and twenty-two were conceived by employees.

Employee 133

Employee Java Architecture Technical Review 133

Startup Professionals Musings

MARCH 25, 2019

For example, one of the first decisions that most of you entrepreneurs face is how much equity to give to early investors, co-founders, and key new hires. As a business owner, you survive by lean operations, and value your independent spirit. The results are lost opportunity, poor contracts, or a failed business.

Entrepreneur 241

Entrepreneur Cofounder Lean Equity 241

Startup Professionals Musings

NOVEMBER 17, 2014

I strongly recommend a dramatic departure from this model, called “planned iteration” or Lean Startup methodology, where you assume you won’t get it right the first time, so you launch with a minimum viable product (MVP). business entrepreneur pivot planned iteration startup' Marty Zwilling.

Agile 253

Agile Startup Social Network Software Developers 253

Startup Professionals Musings

JANUARY 12, 2018

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months. Are you ready to start?

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

JULY 25, 2015

He is regarded by many as the number-one authority on virtual staffing and personal outsourcing, and is himself a successful entrepreneur based in the Philippines. I was impressed with his summary of the top ten outsourcing mistakes made by entrepreneurs, followed by real guidance on how they can and should be avoided.

Philippines 120

Philippines Startup Bandwidth Cofounder 120

Startup Professionals Musings

SEPTEMBER 17, 2023

I believe these principles, paraphrased here, should be adopted by every entrepreneur struggling to accomplish innovation in a startup in any market: Innovation can come from anywhere in the organization. It forces one to step from existing assumptions and tools, and lean instead on creativity and thinking outside the box.

Artificial Inteligence 285

Artificial Inteligence Open Source Lean Leadership 285

Startup Professionals Musings

FEBRUARY 15, 2023

Here are the key principles I recommend as an advisor to many entrepreneurs: Start your business in your own home. Most successful entrepreneurs take only a very minimum salary during the formative business years and reinvest all profits back into the business for organic growth. Practice living on a shoestring budget.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Startup Professionals Musings

APRIL 28, 2014

VCs and Angel investors like to see a startup that is running lean and mean, with no more than three or four of the conventional C-level or VP titles. c-level entrepreneur funding startup titles' It’s your startup, so you can give early partners any title you want, but be aware of potential investor and peer implications.

CTO Hire 252

CTO Hire Fractional CTO Angel Investor Public Relations 252

Startup Professionals Musings

JUNE 9, 2013

I strongly recommend a dramatic departure from this model, called “planned iteration” or Lean Startup methodology, where you assume you won’t get it right the first time, so you launch with a minimum viable product (MVP). entrepreneur pivot startup planned iteration minimum viable product business' Marty Zwilling.

Agile 263

Agile Startup Social Network Software Developers 263

Startup Professionals Musings

SEPTEMBER 3, 2023

Whether you are an entrepreneur starting a new business, or a corporate executive seeking to revitalize a mature business, the challenge is the same – to become the obvious choice within the hearts and minds of your customers, your employees, and your chosen communities. Be the disruptor, rather than a reactor and hindrance to change.

Lean 290

Lean Leadership Partner Customer 290

Startup Professionals Musings

MAY 30, 2014

Every entrepreneur I know is short on resources, including time, money, and skills. Much has been written about this subject in the world of manufacturing, stemming primarily from the 1990’s work by Taiichi Ohno, called the Toyota Production System (“Lean”). Too many entrepreneurs confuse action with momentum and results.

Entrepreneur 287

Entrepreneur Lean Metrics Matching 287

Startup Professionals Musings

MAY 10, 2023

In my experience, new startup businesses are initiated primarily by these standalone innovators, popularly called entrepreneurs. Lean on your neutral instincts until the right domain experts can explore them. If you fit here, I recommend you find a senior sponsor, or leave to strike out on your own.

Silicon Valley 240

Silicon Valley Lean Leadership Analytics 240

Startup Professionals Musings

DECEMBER 15, 2014

Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding. The remaining entrepreneurs borrow from family and friends, or acquire a loan. If you chose the entrepreneur lifestyle to be your own boss, don’t accept money from anyone. Entrepreneurs need to start small and pivot quickly.

Bootstrapping 276

Bootstrapping Entrepreneur Startup Burn Rate 276

Startup Professionals Musings

APRIL 10, 2023

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. Testing for real is the assumption behind approaches such as Lean Startup. No entrepreneur can survive as an island. Get started and get some momentum.

Business Plan 357

Business Plan Lean Matching Cost 357

Startup Professionals Musings

JUNE 11, 2014

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happy to see a new book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. dream team entrepreneur startup technical'

Technical Cofounder 245

Technical Cofounder Cofounder Advisory Board Startup 245

Startup Professionals Musings

JULY 16, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. The hard part for entrepreneurs is figuring out what it takes to play. Lean startup. This should be a wake-up call for traditional entrepreneurs and investors alike.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253

Startup Professionals Musings

AUGUST 7, 2022

Resurgence begins when entrepreneurs and top executives stop trusting only themselves, and build a coalition with customers to see what is and isn’t working. Entrepreneurs and team members are quick to forget why change was needed in the first place. Reinvent the vision for change. Team, market, and cultural maintenance.

Social Media 317

Social Media Lean Distribution Business Model 317

Startup Professionals Musings

DECEMBER 9, 2013

By the time many big-company executives are ready to go out on their own as an entrepreneur, they have forgotten what it’s like to fly in coach class, buy their own health insurance, or having to deal with running out of money. The result is a startup with an exorbitant burn rate, and a very unhappy entrepreneur. There is a difference.

Entrepreneur 239

Entrepreneur Burn Rate Salary Lean 239

Startup Professionals Musings

DECEMBER 27, 2020

I believe these principles, paraphrased here, should be adopted by every entrepreneur struggling to accomplish innovation in a startup in any market: Innovation can come from anywhere in the organization. It forces one to step from existing assumptions and tools, and lean instead on creativity and thinking outside the box.

Artificial Inteligence 413

Artificial Inteligence Open Source Lean Leadership 413

Startup Professionals Musings

FEBRUARY 24, 2021

As an advisor to many startups today, I still see that most of you entrepreneurs see yourselves as the sole driver of your new solution, and the key driver of your new business. As your business grows from a startup to a sustainable business, you too have to grow from an entrepreneur to a business leader.

Honduras 368

Honduras Nepal Startup Lean 368

Startup Professionals Musings

FEBRUARY 18, 2018

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation.

Technical Cofounder 144

Technical Cofounder Cofounder Advisory Board Startup 144

Startup Professionals Musings

MARCH 31, 2021

Entrepreneurs and business executives have to keep reign over a very broad domain. Forward-leaning questions can illuminate the values of both the leader and the team. This is precisely the wrong approach. I agree with his outline of five critical areas: Improving vision.

Leadership 435

Leadership Lean Employee Management 435

Startup Professionals Musings

MAY 4, 2016

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. Excellent detailed resources are everywhere, including a new book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

MAY 18, 2020

Here are the key principles I recommend as an advisor to many entrepreneurs: Start your business in your own home. Most successful entrepreneurs take only a very minimum salary during the formative business years and reinvest all profits back into the business for organic growth. Practice living on a shoestring budget.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423