Berkonomics

JULY 6, 2017

Know your market and competition, or don’t spend a dime on anything else. The phone could be used for receiving incoming calls when in the restaurant, on the golf course or anywhere. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel.

Competition 266

Competition Research Summary Pricing 266

Startup Professionals Musings

MAY 13, 2023

These days, you can find existing patents and trademarks through Google and the US Patent Office online site without spending thousands of dollars with your favorite patent attorney. Of course, existing patents don’t stop you from innovating, but charging ahead into a wall is no fun.

Ideas 106

Ideas Technical Review Patents Startup 106

Startup Professionals Musings

JANUARY 8, 2023

So before you decide to move your manufacturing, software development, or call center out of town, make sure you understand the following considerations: Don’t give someone else control of your competitive advantage. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive.

Software Review 114

Software Review Technical Review Outsource Development Outsource 114

Both Sides of the Table

MARCH 11, 2011

And now, of course, UberSocial, Bill’s latest project. We talked about patents. I brought up the fact that I find many larger companies abusing the patent system to slow down smaller competitors which is actually anti competitive. Some IdeaLab successes / brand names aside from Overture & CitySearch?

Competition 350

Competition Idealab Product CitySearch 350

Startup Professionals Musings

APRIL 26, 2021

Of course, you can find these elements embodied in many of the business plan templates and tools out there, such as the Business Model Canvas. Investors know that operational and employee expenses are always higher than anticipated, not to mention customer acquisition costs, capital expenses, and ongoing competitive initiatives.

Funding 132

Funding Template Resource Competition 132

InfoChachkie

AUGUST 10, 2010

Patents held by startups generally have a limited ability to reduce competition. The average time required to obtain a patent is 36-to-40 months, during which there is no guarantee your adVenture will ultimately receive patent protection. Thus, if a startup team asks, “What is this patent worth to us?”,

IP 256

IP Patents Company Companies 256

Startup Professionals Musings

OCTOBER 15, 2022

Of course, previous successes provide more direct evidence of a network of the right people. Registered patents and other intellectual property. From an investor perspective, understanding and acting early to establish a sustainable competitive advantage, and barrier to entry, is the best assurance of a financial return.

Entrepreneur 111

Entrepreneur Social Media Patents Mentor 111

Startup Professionals Musings

MAY 28, 2010

One of the toughest and yet most important questions you will be asked by savvy potential investors is “What is your sustainable competitive advantage?” Yet many entrepreneurs, maybe in their passion for their new product, gloss over this one, or even announce that they have no competition. Proven team with inside relationships.

Competition 49

Competition Tips Patents Startup 49

Startup Professionals Musings

JULY 23, 2021

You have done everything to register your brand legally , including domains, copyrights, patents, and trademarks. Yet every change can cause brand dilution or competition you don’t need. Of course, we can all agree that the customer isn’t always right, but it does your brand no good to debate the issue.

Examples 170

Examples Custom Customer Social Media 170

Startup Professionals Musings

APRIL 13, 2020

So before you decide to move your manufacturing, software development, or call center out of town, make sure you understand the following considerations: Don’t give someone else control of your competitive advantage. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive.

Outsource Development 122

Outsource Development Outsource Software Review Technical Review 122

Berkonomics

MARCH 14, 2019

Of course, we are speaking of increased valuation of your company when we speak of “wealth.” And fifth: Competitive risk. . Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit. So, let’s examine them and mitigate them.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

MAY 20, 2023

Of course, if you have investors anxious to give you money, or a rich uncle to keep you afloat, there is nothing wrong with a dedicated and full commitment to the startup, with commensurate more aggressive milestones and growth expectations. Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue.

Startup 110

Startup Ideas Entrepreneur Metrics 110

Startup Professionals Musings

MAY 15, 2020

Sponsor some friendly competitive events with prizes. Elon Musk and Tesla made their battery patents available to anyone, to clear the path for market infrastructure growth and compatibility, which of course benefits Tesla. Let your highly motivated customers be your best marketing advocates for new customers.

Marketing 170

Marketing Startup Examples Custom 170

socalTECH

SEPTEMBER 13, 2011

As the school year kicks off for college students, one of the big tasks of the year is buying books for their courses. What our site does, instead, is it integrates directly with a student course schedule, so you can just enter your course, and it automated the process of buying all of your books simultaneously.

UCSD 185

UCSD Course Startup Sites 185

Startup Professionals Musings

MAY 23, 2021

These are the ultimate chess players in the game of business, always looking to be two or three moves ahead of the competition. Too many Innovators are like Dean Kamen , still struggling with the Segway Human Transporter , while holding over 1000 other device patents. Of course, discovering your entrepreneur type is only the beginning.

Entrepreneur 134

Entrepreneur Framework Mentor Web 134

Startup Professionals Musings

JANUARY 13, 2020

Of course, previous successes provide more direct evidence of a network of the right people. Registered patents and other intellectual property. From an investor perspective, understanding and acting early to establish a sustainable competitive advantage, and barrier to entry, is the best assurance of a financial return.

Entrepreneur 126

Entrepreneur Social Media Patents Mentor 126

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. The phone could be used for receiving incoming calls when in the restaurant, on the golf course or anywhere. There is no competition.”

Marketing 247

Marketing Competition Research Summary 247

Startup Professionals Musings

JANUARY 27, 2020

Of course, it’s always good to speak with conviction, but marketing terms such as “improved productivity” or “lower cost” won’t make your offering memorable. For example, “I have patented a new tire that will double the wear mileage at half the cost.” Describe technology and features, not competitiveness.

Sample 127

Sample Summary Startup Slides 127

Startup Professionals Musings

AUGUST 24, 2020

Of course, if you have investors anxious to give you money, or a rich uncle to keep you afloat, there is nothing wrong with a dedicated and full commitment to the startup, with commensurate more aggressive milestones and growth expectations. Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue.

Startup 150

Startup Entrepreneur Ideas Metrics 150

Startup Professionals Musings

SEPTEMBER 14, 2015

The bad news is that many are already doing it, with competition growing, so the longer you wait, the less chance you have of getting there first. In a new startup, there is tremendous competitive value in registering intellectual property early, but you don’t need to contract these tasks to expensive experts any longer.

Startup 108

Startup Search Engine Optimization Social Media Outsource Development 108

Startup Professionals Musings

MAY 18, 2013

Love that sustainable competitive advantage. Working on that unique design, or completing the breakthrough for an innovative patent, are moments of inspiration that you will never forget, especially if they become your competitive edge. Incorporate, register your domain name, trademarks, and copyrights, then patent if possible.

Startup 100

Startup Patents Competition Social Network 100

Startup Professionals Musings

MAY 30, 2012

Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway. Of course, you still have to do your homework and market research. Learn from competitors and early adopters. Imitation drives progress.

Patents 84

Patents Startup Statistics Course 84

Startup Professionals Musings

APRIL 29, 2012

Love that sustainable competitive advantage. Working on that unique design, or completing the breakthrough for an innovative patent, are moments of inspiration that you will never forget, especially if they become your competitive edge. Incorporate, register your domain name, trademarks, and copyrights, then patent if possible.

Entrepreneur 102

Entrepreneur Patents Startup Ideas 102

Startup Professionals Musings

FEBRUARY 26, 2011

Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway. Of course, you still have to do your homework and market research. Learn from competitors and early adopters. Imitation drives progress.

Startup 91

Startup Patents Statistics Course 91

Tech Zulu Event

OCTOBER 5, 2012

Rock Prodigy is Music Prodigy’s pioneer product and is a revolutionary interactive music app powered by patent-pending polyphonic pitch-recognition technology that allows musicians of all skill levels to use any instrument and provide instant performance feedback to accelerate learning. How It Works.

Education 106

Education Startup Technology Patents 106

Startup Professionals Musings

NOVEMBER 12, 2010

Love that sustainable competitive advantage. Working on that unique design, or completing the breakthrough for an innovative patent, are moments of inspiration that you will never forget, especially if they become your competitive edge. Incorporate, register your domain name, trademarks, and copyrights, then patent if possible.

Startup 88

Startup Patents Competition Social Network 88

Startup Professionals Musings

JULY 27, 2018

Of course, you wouldn’t include this data in your customer product pitch. Intellectual property and sustainable competitive advantage. Patents, trade secrets, and trademarks are very attractive to investors, since these are not easily overcome by competitors. Business model showing costs, pricing, and margins.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

AUGUST 8, 2014

So before you decide to move your manufacturing, software development, or call center out of town, make sure you understand the following considerations: Dont give someone else control of your competitive advantage. Saving cost wont help you if you cant make the daily innovations required to stay competitive.

Outsource Development 95

Outsource Development Outsource Offshore Software Review 95

Startup Professionals Musings

DECEMBER 6, 2014

Of course, previous successes provide more direct evidence of a network of the right people. Registered patents and other intellectual property. From an investor perspective, understanding and acting early to establish a sustainable competitive advantage, and barrier to entry, is the best assurance of a financial return.

Entrepreneur 107

Entrepreneur Angel Social Media Patents 107

Startup Professionals Musings

OCTOBER 12, 2018

Of course, if you have investors anxious to give you money, or a rich uncle to keep you afloat, there is nothing wrong with a dedicated and full commitment to the startup, with commensurate more aggressive milestones and growth expectations. Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue.

Ideas 102

Ideas Entrepreneur Tips Startup 102

Startup Professionals Musings

NOVEMBER 30, 2015

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. Entrepreneurs who have no patents, trade secrets or trademarks are usually deemed non-fundable and non-competitive. Register some intellectual property to provide a barrier to entry.

Entrepreneur 59

Entrepreneur Startup Technical Review Ideas 59

Startup Professionals Musings

JANUARY 20, 2016

So before you decide to move your manufacturing, software development, or call center out of town, make sure you understand the following considerations: Don’t give someone else control of your competitive advantage. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive.

Outsource Development 53

Outsource Development Outsource Software Review Technical Review 53

Startup Professionals Musings

NOVEMBER 26, 2012

The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage. NewCo has filed a patent on one of their software tool algorithms, which is very positive, and puts them several steps ahead of others who may be venturing into the same area. Let’s not take any credit here for NewCo.

Startup 108

Startup Invest Patents Outsource Development 108

Startup Professionals Musings

OCTOBER 2, 2016

Of course, if you have investors anxious to give you money, or a rich uncle to keep you afloat, there is nothing wrong with a dedicated and full commitment to the startup, with commensurate more aggressive milestones and growth expectations. Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue.

Startup 100

Startup Entrepreneur Ideas Metrics 100

Startup Professionals Musings

MARCH 18, 2016

Patents filed, even provisional, as well as trademarks, copyrights and trade secrets count as barriers to entry and sustainable competitive advantages. Connections to industry experts and channels are another positive to highlight. Registered intellectual property adds value.

Startup 71

Startup Patents Invest Blogging 71

Startup Professionals Musings

SEPTEMBER 30, 2011

The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage. NewCo has filed a patent on one of their software tool algorithms, which is very positive, and puts them several steps ahead of others who may be venturing into the same area. Let’s not take any credit here for NewCo.

Funding 98

Funding Startup Patents Outsource Development 98

Startup Professionals Musings

NOVEMBER 11, 2013

Of course, a real entrepreneur always takes a failure as a milestone on the road to success. If you expect to seek investors, or you expect to have a sustainable competitive advantage against sleeping giants, you need to register all your patents, trademarks, copyrights, and trade secrets early. How can you improve your odds?

Startup 100

Startup Ideas Entrepreneur Resource 100