Startup Professionals Musings

JULY 2, 2017

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.

Technical Review 137

Technical Review Technology Social Media Social Network 137

Startup Professionals Musings

JULY 10, 2022

Here are some recognizable entrepreneurial examples I like, just from the technology space: Driven by an epic ambition. All of them have created massive new capital, be it financial or technological, social or spiritual. Consistently produce results. All of them have transformed the condition of mankind – for the better.

Technology 328

Technology Entrepreneur Social Network Networking 328

Startup Professionals Musings

SEPTEMBER 25, 2012

How can my company keep up with the ever increasing rate of change in technology, core business strategies, and culture trends? In today’s world of distributed data, global reach, and powerful incursion technologies, how do I protect my data and my customers’ data? Implicit in agility is increased productivity on change initiatives.

Technology 206

Technology Agile Architecture Distribution 206

Startup Professionals Musings

APRIL 21, 2011

Here’s the latest technology. So I’ve been scouting around for something better, looking at the pluses and minuses. There are a wealth of alternatives, but no universal solutions: Bump. A new smart phone app that allows users to simply tap their smart phones together, and with the right setup, they will exchange contact info.

Technical Review 209

Technical Review Technology Software Review Social Network 209

Startup Professionals Musings

FEBRUARY 4, 2022

The key here is to resist the temptation to pay more attention to the technology solution than the problem. Where most people see an isolated trend, innovators connect the dots by relating one trend to several others. They focus on next practices, versus best practices. Solve a problem that matters.

Technology 341

Technology Entrepreneur Non-Compete India 341

Startup Professionals Musings

JUNE 19, 2020

Technical entrepreneurs love their technology, and often are driven to launch a startup on the assumption that everyone will buy any solution which highlights this technology. These founders all seem to be pushing their technology, rather than highlighting their solution to a painful need. Limit the features and complexity.

Technology 317

Technology Marketing Sales Cycle Social Media 317

Startup Professionals Musings

JANUARY 30, 2022

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. There are other chasms out there just as deadly as the technology one, such as the ones below: Market requirements chasm. Product development chasm. Marketing and sales chasm.

Technical Review 375

Technical Review Startup Dilution Early Stage 375

Startup Professionals Musings

MAY 17, 2019

DNA image via Wikipedia As a business advisor and technologist, I often think about the large array of opportunities for entrepreneurs as technology seems to be evolving faster and faster. Yet from time to time, I try to step back and look for some of the most promising and exciting technologies that I see coming down the pike.

Artificial Inteligence 224

Artificial Inteligence Technology Software Entrepreneur 224

Startup Professionals Musings

SEPTEMBER 29, 2019

Although I’m not an aficionado of checklists in general, I really appreciate one he has included for keeping up with the latest technological trends that are reshaping business strategies, which should be the driver for startups to fill in the gaps. Are you driving the technology, or is it driving you? Cloud Computing.

Technology 216

Technology Social Media Cloud Retention 216

Startup Professionals Musings

MAY 26, 2023

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. Don’t count on these as short-term solutions to a growth problem. If you go this route, make sure your solution is strategic.

Product 354

Product Technical Review Artificial Inteligence Dividend 354

Startup Professionals Musings

SEPTEMBER 15, 2023

Look for technologies to adapt from other domains. Elon Musk with SpaceX is an example of a new business bringing in technologies from artificial intelligence and solar power to develop smart and reusable rockets to do satellite delivery and space travel. Be willing to share technology to promote standards.

Artificial Inteligence 286

Artificial Inteligence Technology Leadership Business Model 286

Startup Professionals Musings

NOVEMBER 11, 2019

According to what I see, as outlined by Surdak, this data surge is being driven by the following six technological and social trends: Mobility: smartphones, tablets, and the “Internet of things.” Smartphone penetration in the U.S.

Technology 243

Technology Social Media Analytics Cloud 243

Startup Professionals Musings

MAY 1, 2022

You can have the best technology, but if customers don’t know you exist, or they don’t know how your technology solves a real problem for them, your startup will fail. Yet I see many technology entrepreneurs that focus on the basics of marketing too little and too late. Marketing is everything these days.

Marketing 353

Marketing Technical Review Social Media Technology 353

Startup Professionals Musings

SEPTEMBER 14, 2018

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Startups succeed most often when the founding partners know how to build and run a business, rather than how to build and run technology.

Technology 217

Technology Non-Compete Cofounder Partner 217

Startup Professionals Musings

SEPTEMBER 20, 2014

Technical entrepreneurs love their technology, and often are driven to launch a startup on the assumption that everyone will buy any solution which highlights this technology. These founders all seem to be pushing their technology, rather than highlighting their solution to a painful need. Limit the features and complexity.

Technology 286

Technology Startup Sales Cycle Social Media 286

Startup Professionals Musings

JULY 25, 2021

Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market. Pick a technology that somehow seems inferior to the major incumbents. So why would any investor ever believe any of these claims?

Non-Compete 394

Non-Compete Technical Review Forecast Social Media 394

Startup Professionals Musings

JULY 30, 2014

It may not be as sexy, but starting a new business that builds on an existing technology or business model is usually less risky than introducing that ultimate new disruptive technology. There is always time later for your next startup, using that disruptive technology of your dreams.

Technology 259

Technology Entrepreneur Business Model Social Media 259

Startup Professionals Musings

MARCH 14, 2022

Market your solution and user benefits, not the mysterious technology behind it. A better approach might be to use your marketing power to tell people that you can now ring their smartphone in front of their favorite store for a special sale, and allow them to “opt in,” rather than surprising them with your new technology.

Technical Review 342

Technical Review Customer Social Network Software Review 342

Startup Professionals Musings

APRIL 18, 2022

How many times have investors heard startups start their pitch by touting that their technology is “disruptive?” What entrepreneurs forget or don’t realize is that most customers are wary of all technology, educating the market on new technology is expensive, takes a long time, and people buy problem solutions rather than technology.

Technical Review 224

Technical Review Startup Social Media Technology 224

Startup Professionals Musings

NOVEMBER 18, 2022

Thus services experiences and relationships tend to be based more and more on new media and technology. Infusing technology within the customer experience. Customers now expect services to be more technology-enabled, such as online banking, parcel tracking, transportation on demand, and smart home security. Marty Zwilling.

Technical Review 247

Technical Review Social Media Media Matching 247

Startup Professionals Musings

OCTOBER 16, 2022

They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

Startup Professionals Musings

NOVEMBER 12, 2022

In this world of constant change, new technologies, and a thousand cultures, it’s evident and somehow comforting to me that the basic rules for business prosperity really haven’t changed in the last hundred years. Business success is still more about the people than the technology or idea involved. Master-mind alliance.

Technical Review 297

Technical Review Angel Investor Differentiation Business Model 297

Startup Professionals Musings

DECEMBER 30, 2022

As a potential investor, I always think of the high rate of failure of disruptive technologies, due to the longer learning curve of customers, infrastructure change consistently required, and higher marketing costs. Technology is great, but high-tech major-step-forward solutions are not the answer to all our change challenges.

Technical Review 252

Technical Review Silicon Valley Software Review Metrics 252

Startup Professionals Musings

AUGUST 30, 2014

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand. Often new technologies are seen by senior decision-makers as new opportunities for litigation and hack attacks.

Technology 245

Technology Customer Elevator Pitch Social Network 245

Startup Professionals Musings

OCTOBER 10, 2021

Every technical entrepreneur is an early adopter of technology, so naturally they build things with people like themselves in mind. Early adopters may be the most vocal, and easy to sign up, but your technology assessment panel must include customers from the early majority, late majority, and even technology laggards.

Technical Review 294

Technical Review Product Customer Restful 294

Startup Professionals Musings

SEPTEMBER 22, 2014

Some entrepreneurs forget that they can’t use people the same way they use technology to build a startup. Inventors, for example, are skilled in manipulating technology, but may have little interest or experience engaging people to make an effective team. Focusing on the technology doesn’t do it. Committing to action.

Technology 269

Technology Startup Leadership Global 269

Startup Professionals Musings

DECEMBER 18, 2020

All of us are struggling to keep up in this age of technological acceleration, where we learn every day that we can’t trust links in our email, marketing guarantees, or phone requests from people we don’t know. I’m sure that all of you recognize that the technology available for marketing has changed.

Customer 433

Customer B2C Technical Review Social Media 433

Startup Professionals Musings

OCTOBER 21, 2013

Even though I love technology, I always cringe when an entrepreneur starts his pitch by touting his new technology. He has forgotten that new technologies are perceived by most customers as causing more pain than the problems they hope to eliminate. Let me be clear – technology and market-driven need not be mutually exclusive!

Technology 252

Technology Marketing Startup Engineer 252

Startup Professionals Musings

FEBRUARY 14, 2022

Neither breakthrough technology nor maximum features will assure that “if we build it, they will come.” In fact, NISI recommends starting with the minimum focused set of features and technology that will drive a customer purchase. Nail the solution. Process myth: Why building a product leads to failure.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

Startup Professionals Musings

OCTOBER 14, 2022

Organizations are assigned value by how well they take advantage of the best technology, and turn information into action. This means adapting to social trends, new technologies, economic conditions, regulatory requirements, and worker demographics. Stable and friendly work environment.

Technical Review 323

Technical Review Due Diligence Valuation Leadership 323

Startup Professionals Musings

JULY 12, 2017

Even though I love technology, I always cringe when an entrepreneur starts an angel investor pitch to me by touting his new technology. They have forgotten that new technologies are perceived by most customers as causing more pain than the problems they eliminate. Focus on user pain points. Keep it simple and easy to use.

Technology 133

Technology Angel Investor Software Engineer 133

Startup Professionals Musings

JULY 12, 2021

Some get stuck in a rut and get run over by competitors with new technology, like Eastman Kodak, and others get pushed into a crisis, like Apple did, before they reinvent themselves into a new market. The best immerse themselves in these technologies, and invent new businesses, rather than fight in the old one to the death.

Technical Review 417

Technical Review Entrepreneur Due Diligence Institutional Investors 417

Startup Professionals Musings

APRIL 6, 2010

In a second, with Google, I can find a phone number that was assigned to you ten years ago, but it takes me an hour to find your phone number on that business card you gave me last week. That’s just wrong. We need instant access to the most important of all resources, current contact info.

Technical Review 120

Technical Review Technology Software Review Social Network 120

Startup Professionals Musings

MAY 8, 2013

How many times have investors heard startups start their pitch by touting that their technology is “disruptive?” The concept of disruptive technology was first introduced by Clayton M. " At this point, there can more social capital in saying that we don''t like the technology than that we do. We don''t quite get it.

Technology 248

Technology Startup Social Media Restful 248

Startup Professionals Musings

JANUARY 21, 2023

Equally bad is a full tutorial on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. If you start by pitching your extended life story, that’s the wrong point. If you have ten minutes, that means no more than ten slides.

Technical Review 369

Technical Review Elevator Pitch Angel Investor Matching 369

Startup Professionals Musings

FEBRUARY 17, 2020

Thus services experiences and relationships tend to be based more and more on new media and technology. Infusing technology within the customer experience. Customers now expect services to be more technology-enabled, such as online banking, parcel tracking, transportation on demand, and smart home security. Marty Zwilling.

Technical Review 321

Technical Review Social Media Media Matching 321

Startup Professionals Musings

OCTOBER 27, 2021

Too many entrepreneurs I know start by highlighting their new technology , and assume that it will sell itself. Unfortunately, technology doesn’t create a vision, and usually frightens customers away, unless they understand the vision and value first. Every balanced leader does marketing early.

Technical Review 332

Technical Review Metrics Leadership Technology 332