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Posts Tagged ‘entrepreneurship’

An entrepreneur can be the visionary, janitor, salesman and office manager all at the same time. The hands-on requirements of a startup appeal to most entrepreneurs. However, all successful people need to have that “strategic time” — the quadrant two (not urgent, but important) in Seven Habits of Highly Effective People (Stephen Covey). This quadrant [...]

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Young entrepreneurs are passionate about their technology and/or concept. They are evangelical and tireless. What they often lack, however, is the discipline and the experience to model their business appropriately and create a credible business plan. Some venture capitalists may feel this is something that they can do to help bright new ideas. However, many [...]

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I hosted a Lift9 shareholders meeting last night at my place. Having helped raise money for three companies now, I was selective about the company’s initial investors. The group last night was fantastic and very supportive about what we’re doing at Lift9. I wanted to host the meeting at my personal residence and put in [...]

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Company building is a unique experience. An entrepreneur can experience a huge gyrations of emotions in any given day: ‘Wow, we’re going to do this!’  ’Oh, we’re going to crash and burn’.  ’My employees hate me’.  ’My customers love me’… With experience, however, you come to expect these twists and turns. In fact, you kind [...]

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Ben Huh, CEO and Co-Founder of Cheezburger Network, wants to provide people with five minutes of happiness each day with his empire of hilarious niche websites. His favorite is his first, icanhascheezburger, which provides audience-submitted photos of cats with witty captions. Ben presented at the KAC (Korean-American Coalition) Networking Social last night, sharing the history [...]

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As an entrepreneur of a startup company, I imagine myself as a general manager of a professional baseball team. My main job is putting together the RIGHT team. Many think an entrepreneur’s first task is to come up with a killer concept. Yet, it’s been said many times that  ”ideas” can be a dime a [...]

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Often I meet people who tell me about their dreams to start their own business. They don’t want to work for the man all their lives. They ask me what it takes to start your own business. It’s a difficult question to answer because there are so many elements to being an entrepreneur. First, you [...]

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I’ve had an “in the zone” type of a week, where things just fall into place. The Lift9 research center in Vietnam is now set up. Our web site will soon be launched (sorry, but with so many execution points, this has taken a back seat). Now, more good news seem to be on the [...]

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Time to share a little more information about our new startup, Lift9. The era of social media is just beginning. Digital information is doubling every 18 months, with social media data leading the charge. Unfortunately, this data is mostly fragmented and unstructured. Content is coming from all directions and impossible to control. While leading the [...]

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How does one value a start-up company? Some do it from comps (comparable companies) and then discount for the many risks as a start-up. Some look at projected financials or maybe market share. Some calculate the amount of unpaid labor that may be required by founders and try to value the company that way. Some [...]

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