Jesse Markham
15 Splash Points
1 follower
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12 companies followed
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Jesse Markham

Business Development, PGi
www.jessemarkham.com
San Francisco, California, United States United states
Employee
Member since July 31, 2010
VEQ: NW-SE-NS
Quote
Thunderbird MBA. Avid scuba diver, skier/boarder, student of Muay Thai, world traveler, futbol fan and design aficionado. Quote_down
About Jesse
Work/education
Activities
Company profile(s)
Following

I am a(n):

Business Development

Companies I've founded or co-founded:

BACCHUS, Glocally Hip

Startups I worked for:

BACCHUS, Glocally Hip, Mahlia Collection, Westcap Energy, Acquity Group, 10Jumps

If you are an entrepreneur, why?

I love eating Ramen.

My favorite startups:

Airbnb, Square, Clover, Gootnau, Locals Recommend, Instagram, Valcent Products

What's most frustrating and rewarding about entrepreneurship/innovation?

Positive feedback regarding your product/service, but not enough critical mass to sustain/grow the business.

What's the No. 1 mistake entrepreneurs make?

Underestimating the complexity, difficulty, cost, execution of the task at hand.

What are the top three lessons you've learned as an entrepreneur?

Whatever you estimated start up costs are, no matter how precise, you should have a "worst case scenario" buffer of cash. As costs will always become more than you forecasts.

Start with a singular product at first and focus on its successful execution. Starting with a larger product line spreads precious capital thin and has the potential for wasted working capital on inventory that won't move.

Make sure to do as much due diligence as possible on potential partners, vendors, suppliers, contractor/consultant, employees, etc. Just because someone is nice and you get along with them, doesn't mean they won't look to take advantage of your vulnerabilities if the opportunity presents itself.

Full bio

Jesse attended Thunderbird School of Global Management, where he studied for his MBA in Global Management, with a focus in Finance and Entrepreneurship. Additionally he has his bachelors from Arizona State University in International Business and Industrial Design. Jesse's experience includes roles in finance, business development, marketing and operations management, sales, training and consulting in the IT consulting, hospitality, luxury goods, alternative energy, healthcare and retail industries.

In his off time he enjoys active sports such as muay thai, soccer, surfing, scuba diving and snow boarding. Moreover he enjoys traveling, learning new languages and immersing himself in foreign cultures. He hopes to someday found a micro/seed stage investment organization to give opportunity to aspiring entrepreneurs both domestically and in emerging/frontier markets.

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