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Mark Finkel

Associate Professor of Entrepreneurship at Syms School of Business, Yeshiva University

Mark Finkel is a seasoned professional with over 25 years of experience in leadership roles within early stage enterprises in the technology and non-profit sectors.

He holds a diverse educational background with an MBA in Finance from New York University, a BA in Government from Oberlin College, and a JD from the University of California, Davis.

Mark has been actively involved in various organizations and institutions, serving as a mentor at OU Impact Accelerator, Director at Executive MBA Program at Sy Syms School of Business, and an Associate Professor of Entrepreneurship at Yeshiva University.

His extensive professional journey includes roles such as Strategic Advisor, Chief Financial Officer, Board Member, Chairman, and Co-Founder in companies like Neuroview Technology, Gorilla Toolz, CharityChoice Gift Cards, and many others.

Mark Finkel's expertise spans across finance, entrepreneurship, advisory, and academia, contributing significantly to the growth and success of the organizations he has been affiliated with.

Highlights

Feb 20 · linkedin

Eric Ries popularized the concept of a Minimum Viable Product. I think he got the general idea right – you need market feedback to help structure your Offering. One way to do that is what he suggests; get an offering out quickly to the Market, even if it does not contain all of the ultimate features. But the phrase sounds like you are striving for mediocrity or something barely alive. (“Nurse, this is a Minimal Viable Patient – put them on a Minimum Viable life support machine.”). The tyranny of low expectations.

I prefer the phrase that 20th Century Industrial Designer Raymond Loewy developed. He called it ‘MAYA’;  Most Advanced Yet Acceptable. By this he meant that customers want to be grounded in the familiar yet they want features that are new. The phrase is both guiding and aspirational.

This explains the popularity of movie sequels. This explains why my Pandora channels mix the musicians with whom I seeded my stations along with new artists to keep my interest and attention.

This not only applies to the optimal Features of a product or service offering, but also to the features of the Awareness and Branding campaigns. If you are trying to introduce a product or service that is highly innovative, you will need to emphasize the familiar.

☑ Find a metaphor that conveys familiarity. ‘Swimply is the Airbnb for Swimming Pools.’ ☑ Use a familiar spokesperson or archetype. If you can’t afford a celebrity or influencer, use a kindly figure. Out with green hair, in with tortoise-shell glasses. ☑ Use Tribalism or Community to reassure the audience that they will be in a supportive environment of customers.

By mixing innovation with familiarity, you will increase your chances of gaining customer consideration of your Offering and achieving Market Traction.

#markettraction #brandawareness

Feb 15 · linkedin

Last week I had the privilege of spending time in Brooklyn with David Hammer and Baruch Herzfeld, the founders of Popwheels.   Popwheels is building America's first municipal-wide, e-bike battery swap network, and they will be opening their first locations in NYC shortly. They work to solve important problems in micro-mobility including helping delivery workers stay productive and addressing the fire risk associated with e-bike batteries.

Working closely with the NYC government, their solution is a network of battery-swapping stations and a swappable battery which has been cleverly designed to be compatible with almost all e-bikes.     Thank you David Hammer and Baruch Herzfeld for the tour!

Wishing you all the best with this thoughtful and exciting new solution!

M
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Location

Greater New York City Area