How is your business doing in 2011?

Give back to your community! Executives in 2011 should teach this generation of Entrepreneurs in College what we learned from running companies in the past and today.

2011-04-04T20:39:00.000-07:00

Michael Povar Does A Guest Lecture At SDSU Entrepreneurial Management Center

My belief is that is that email or texting to say thank you to your customer is not enough. Today, entrepreneurs need to get on the phone and say thank you . It is the “personal touch” of hearing someone say Thank You! to a client that really counts.

I also told these entrepreneurs do not be scared to make a cold call or email to get a potential client. Timing is everything!! If you have a great service or product , there will be client that would need it. I told these entrepreneurs to do there homework for your prospective client and don’t be afraid to inform them about your service. They might say I am glad you called!! What do you think?

Movie Theaters have the worst consumer service!

2011-03-20T15:51:00.000-07:00

Michael Montigomery and Jeffery Katzenberg at 2011 Montigomery Confernce

According to Katzenberg, "the movie theatre chains could learn from professional sports teams. Professional sports teams are more profitable today then ever before! They are building revenue streams from different customers of the team. They are building big beautiful cathedrals and have easy access to them. "They have service like crazy and high quality food." They have built there customer base and they are getting paid for it. The Stables Center is a great example of a great entertainment complex. . The theatre chains are playing defense not offense with windowing which is how long movies are in theatres. Everybody knows in a game that if you only play defense, you are going to lose!” "In a number of years, consumer are going to make these decisions for these business in the future". What do you think?

I think the tablet is the most innovative device in this Century!

2011-03-20T15:38:00.000-07:00

Jeffery Katzenberg at the 2011 Montigomery Technology Conference

According to Katzenberg, "The tablet is more important than the jet engine and the telephone. The tablet will be the most powerful and have the most pronounced impact on every human being on this planet . It is going to have a huge impact on education , science and medicine. It is going to be a miracle device". What do you think?

In 2010 320 Southern California Companies got $2,431.1 Billion in Venture Capital. Your company can be the next one in 2011!

2011-03-08T23:20:00.000-08:00

Robert Kibble,Dave Travers,Greg Martin, Jim Andelman, Randy Churchill
Price Waterhouse Coopers/NVCA Money Tree Report with LAVA

According to a PricewaterhouseCoopers study, in 2010 most of the Southern California venture deals were in Cleantech and capital efficient digital media deals and Life Sciences. The study also states that it looks like in the future, the Venture Capital base of money will be downsizing. What kind of business do you want to start up?

If you are starting a new web based business in 2011, you will need strong technical competency on the founding team!

2011-03-08T20:54:00.000-08:00

Jim Andelman, Rincon Venutures Partners
At PWC Shanking The Money Tree 2011 With LAVA

According to Jim "If you are introducing a new web based business, the currency of a start up is learning. .It takes a really strong technical team to reimplement measure and try new things and then measure and reimplement again. It is easy before you launch a web based business to think you that you have a strong technical team, but it’s hard to see if you have a great technical team until you actually see them do it."

In 2011 our economy needs to grow 3% per year in GDP to create new jobs in America .

2011-03-08T19:23:00.000-08:00

Greg Martin Archer Venture Capital
PWC 2011 Shaking the Money Tree with LAVA

According to Greg Martin," the IPO Market drives the Merger & Acquisition and the Exist strategy for a business. With the SEC Regulations today, it is harder for companies under 400 million in revenue to go public. Employees and investors need liquidity today to fuel the growth of the economy." What do you think?

Social Online Gaming At Its Best in 2011!

2011-02-26T18:29:00.000-08:00

Sirzhao "ZAG" Yang Co- Creator of Farmville

Sizhao created a multi billion dollar game from nothing! He had no idea who was the audience at the start. He found out that having metrics to follow members through the game and then testing different game characters in Farmville he could figured out who was his audience. He found out that they are mostly females and they love to show off their achievements in Farmville to their friends. So with that information he knew how to engage his members and to great a strategy to grow Farmville's the amount of unique users.
Also what was most important to Sirhao was never to out source your Customer Service!! What do you think of Farmville?

Guess who turned down founders stock in Apple and Intel?

2011-02-14T15:16:00.000-08:00

Richard Riordan Honored With the 2011 Los Angeles Ventura Ass. Life Hall Fame Award

Nobody is perfect. Richard Riordan said at the 2011 LAVA Awards, "When you are thinking of buying a company it is always about Management! Management!!" We just honored Richard with the LAVA Hall of Fame Award . We should thank Richard for investing in many companies like Litton Industries, Syntex, and Control Data Corporation. With his help, Southern California is a great place to live and have a good job. What do you think of Richard Riordan?

In Good Times and Bad Times You Can Run a Profitable Business in 2011

2011-02-12T12:21:00.000-08:00

A Video on Ultrapolis 3000. A Destination Resort In Asia

For over twenty-two years, I have launched, managed and sold a successful media business in Los Angeles. My tactical decision was to get into create niche markets in the television industry. I had a profitable business for twenty-two years. What is your secret to keeping a consistent profitable track record in your business?

By Michael Povar

Being Organized At Spectral Communications

2011-02-06T22:35:00.000-08:00

Organizing our Entertainment News Tapes At Spectral Communications

I always felt that to manage accounts like ABC News, MTV NETWORKS and A&E NETWORKS effectively, you needed to be willing and able to keep meticulous records. We created custom software that was tailored to the needs of our clients. For example, our database was based on our clients requests of celebrity News Footage they needed. The database became a tool to help us see how were doing. . How organized is your business for today's business climate?

By Michael Povar

How I ran Account Managment at Spectral Communications

2011-02-01T21:48:00.000-08:00

Corporate Video we did For IBM

At Spectral Communications, account management was a synonym for account penetration. Just because you have provided a marketing strategy to one business entity within an company does not mean you job is done. Think of all the additional opportunities that may exist in that company. For example, I had IBM as a client for over 10 years. Many of the departments, divisions and subsidiaries at IBM did not know our services. Our job at Spectral was to make sure the different divisions in IBM knew what we were doing for their company. I would make phone calls to IBM vice-presidents in different divisions to tell them the latest video we did for their company. How do are you managing accounts in 2011?

By Michael Povar