Berkonomics

FEBRUARY 17, 2010

Know your market and competition, or don’t spend a dime on anything else. I have stated previously that I love absolutes – statements with no wiggle room for gray-area responses. Hotels were installing the system; guests were satisfied and the company was growing. Back to 1996.

Marketing 247

Marketing Competition Research Summary 247

Startup Professionals Musings

MAY 31, 2020

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Here are the major elements of the best product plans: Market requirements section. These requirements must be based on market analysis, expert input, and existing customer feedback.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Startup Professionals Musings

JULY 24, 2021

Here is a summary of his five basic strategies: Always on the alert, sensing for signals and meaning of change. Evaluate who might use an invention, patent, or new law to create a bend in the road. Technically, this is known as perceptual acuity. Regularly dissect the past, to look for change signals you and others missed.

Entrepreneur 173

Entrepreneur Summary Patents Examples 173

Startup Professionals Musings

JUNE 2, 2021

As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today. Manual tracking and occasional surveys won’t keep you competitive in today’s high volume and rapidly changing market. Find funders who seek long-term returns.

Competition 142

Competition Software Review Social Media Custom 142

Startup Professionals Musings

MARCH 13, 2016

Here is a summary of his five basic strategies: Always on the alert, sensing for signals and meaning of change. Evaluate who might use an invention, patent, or new law to create a bend in the road. Technically, this is known as perceptual acuity. Regularly dissect the past, to look for change signals you and others missed.

Marketing 58

Marketing Entrepreneur Summary Patents 58

Both Sides of the Table

JUNE 30, 2016

I understand this instinct for more capital and I have two very different personal experiences: In my first company we raised an A-round of $16.5 million and in my second company we raised only $500,000 by choice. You will build out features or expend to platforms — often before you have enough market feedback to warrant it.

Startup 292

Startup Software Review Pricing Entrepreneur 292

Startup Professionals Musings

JULY 11, 2020

If you think about it, most of the influential names in the entrepreneur world today, including Elon Musk and Richard Branson, have each started many companies, learning from each, and fully recognizing that not all are destined to be remembered. As an angel investor, you can bet I wasn’t convinced he would ever start his next proposal.

Entrepreneur 131

Entrepreneur Startup Ideas Software Review 131

Startup Professionals Musings

JULY 31, 2015

Here are the most common elevator pitch missteps I see often as an angel investor and advisor to startups, with some quick advice on how to address each: Insist on leading with the story of the company. Rely on marketing content and emotion vs. facts. You don’t have time for any story at this point.

Startup 104

Startup Summary Patents Examples 104

Startup Professionals Musings

AUGUST 18, 2014

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Here are the major elements of the best product plans: Market requirements section. These requirements must be based on market analysis, expert input, and existing customer feedback.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

JANUARY 26, 2012

The elevator pitch should be the first few paragraphs of your business plan, your executive summary, your investor presentation, and the first page of your web site. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. I need your help in getting it to market.”

Startup 113

Startup Patents Template Competition 113

Startup Professionals Musings

JULY 3, 2013

The first step is to pick one idea (idea people find it hard to focus on only one), and go to work along the following lines: Do some specific market research. Scan the Internet for existing patents and some “credible unbiased third party” data that confirms there is really a market for a solution resulting from your idea.

Ideas 106

Ideas Startup Summary CalTech 106

Startup Professionals Musings

JUNE 2, 2012

The first step is to pick one idea (that seems to be the hard part for idea people), and go to work along the following lines: Do some specific market research. Scan the Internet for existing patents and some “credible unbiased third party” data that confirms there is really a market for a solution resulting from your idea.

Ideas 97

Ideas Summary Startup CalTech 97

Startup Professionals Musings

MAY 8, 2016

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Here are the major elements of the best product plans: Market requirements section. These requirements must be based on market analysis, expert input, and existing customer feedback.

Product 55

Product Startup Summary Entrepreneur 55

Startup Professionals Musings

DECEMBER 24, 2012

In today’s world, if you don’t have a web site up and running, you will not be perceived as a real company. Investors routinely go to candidate web sites to get a feel for the tone and scope of the company, as well as its maturity and offerings. Reserve the company name on social networks to protect it. Free trials don’t count.

Angel 104

Angel Screening Summary Startup 104

Startup Professionals Musings

MARCH 7, 2011

The first step is to pick one idea (that seems to be the hard part for idea people), and go to work along the following lines: Do some specific market research. Scan the Internet for existing patents and some “credible unbiased third party” data that confirms there is really a market for a solution resulting from your idea.

Ideas 104

Ideas Entrepreneur Summary Startup 104

Startup Professionals Musings

MARCH 11, 2016

A business needs technical, marketing, financial and many other skills. If your solution and brand are really new and innovative, you need to protect them with a patent, trademark or trade secret. Prepare an executive summary and investor presentation. Create and highlight your intellectual property portfolio.

Angel 65

Angel Startup Technical Review Social Media 65

Both Sides of the Table

MAY 2, 2015

What I love about my job is getting to see teams of super-early-stage companies develop ideas that while raw have potential to make an impact on the market. Clearly the founders and senior executives of a company are the most valuable resources and their time should be maximized on the most valuable tasks.

Outsource Development 150

Outsource Development Metrics Startup Sales 150

Both Sides of the Table

MARCH 11, 2011

Summary notes, as always, provide below. He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. So he launched a company with exclusively paid search. It was a pleasure to write them myself.

Competition 350

Competition Idealab Product CitySearch 350

Startup Professionals Musings

NOVEMBER 4, 2011

Yet according to the latest data from Gust (formerly AngelSoft), only about 3 out of 100 companies who initiate the formal request process actually get funded. The Gust Deal Funnel from the last 12 months indicates is that 70% of the interested companies never make it past the initial screening process. Free trials don’t count.

Invest 99

Invest Angel Technical Review Summary 99

Startup Professionals Musings

AUGUST 29, 2011

At any rate, here is my summary of the top ten from my experience with hundreds of elevator pitches, business plans, and executive presentations: “Our product is truly disruptive technology.” Gartner says our market will be $50 billion in 2015.” All we have to do is get 1% of the market.” We have the first-mover advantage.”

Entrepreneur 108

Entrepreneur Funding Innocal Competition 108

Startup Professionals Musings

JUNE 18, 2012

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Sales and marketing costs.

Startup 102

Startup Search Engine Optimization SEM Social Network 102

Startup Professionals Musings

MARCH 9, 2015

Here is a summary of his five basic strategies: Always on the alert, sensing for signals and meaning of change. Evaluate who might use an invention, patent, or new law to create a bend in the road. Technically, this is known as perceptual acuity. Regularly dissect the past, to look for change signals you and others missed.

Entrepreneur 109

Entrepreneur Summary Patents Examples 109

Startup Professionals Musings

SEPTEMBER 23, 2010

Yet according to the latest data from AngelSoft , only about 3 out of 100 companies who initiate the formal request process actually get funded. The AngelSoft Deal Funnel from the last 12 months indicates is that 70% of the interested companies never make it past the initial screening process. are eliminated during due diligence.

Angel 89

Angel Funding Technical Review Startup 89

Startup Professionals Musings

JULY 23, 2010

At any rate, here is my summary of the top ten from my experience with hundreds of elevator pitches, business plans, and executive presentations: “ Our product is truly disruptive technology. ” Gartner says our market will be $50 billion in 2010.” All we have to do is get 1% of the market.” We have the first-mover advantage.”

Innocal 96

Innocal Entrepreneur Competition IBM 96

Startup Professionals Musings

SEPTEMBER 10, 2010

The elevator pitch should be the first few paragraphs of your business plan, your executive summary, your investor presentation, and the first page of your web site. Who is your market? How large of a market do they represent? Who is behind the company? A good elevator pitch is not just for an elevator discussion.

Startup 93

Startup Competition Summary Patents 93

Startup Professionals Musings

FEBRUARY 15, 2011

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Sales and marketing costs.

Entrepreneur 94

Entrepreneur Startup Search Engine Optimization SEM 94

Startup Professionals Musings

FEBRUARY 13, 2010

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Sales and marketing costs.

Startup 50

Startup High Tech Search Engine Optimization SEM 50

Frank Addante

JUNE 4, 2006

► November (1) 2 Ears and 1 Mouth: There's a Reason ► October (2) Be Best at Something Tear Down Your Firewalls ► September (3) Elements of Sustainable Companies We're Not Saving Lives. Web Development & Marketing Technology) Exit: evolved into L90 (next company) Lesson: What you dont know cant stop you.

Startup 40

Startup Venture Capital Email CTO Hire 40