Startup Professionals Musings

NOVEMBER 4, 2020

Every startup and every new business needs a unique selling proposition (USP) to get people’s attention these days, and make it stand out in the information overload we all see. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days. Is the opportunity large and growing?

Startup 166

Startup Education Ideas Customer 166

Startup Professionals Musings

FEBRUARY 12, 2023

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Social causes are great, but your ability to sustain your value contribution is directly linked to your ability to find paying customers.

Startup 124

Startup Writing Entrepreneur Ideas 124

Startup Professionals Musings

NOVEMBER 9, 2022

The new paradigm, driven by disruptive technologies, cloud-served supercomputing, and the new generation of young adults with global empathy, is partnering and giving something now for a competitive advantage in the future. A partnership was announced a while back with the City of New York, to connect and grow NYC's startup ecosystem.

IBM 131

IBM IBM Startup Examples 131

Startup Professionals Musings

FEBRUARY 25, 2018

The new paradigm, driven by disruptive technologies, cloud-served supercomputing, and the new generation of young adults with global empathy, is partnering and giving something now for a competitive advantage in the future. A partnership was announced with the City of New York, to connect and grow NYC's startup ecosystem.

Competition 60

Competition IBM IBM Startup 60

Berkonomics

MARCH 14, 2019

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Will the public respond in numbers to buy, license or rent your offering?

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

MAY 17, 2020

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Social causes are great, but your ability to sustain your value contribution is directly linked to your ability to find paying customers.

Startup 174

Startup Writing Entrepreneur Ideas 174

Startup Professionals Musings

MAY 23, 2021

Others are really marketers out to make money fast, and believe that they can entice customers to any offering. His framework seems to be picking up some traction, and is already in use informally by several entrepreneurship platforms, universities, and even high school programs. External forces (competitors and customers).

Entrepreneur 134

Entrepreneur Framework Mentor Web 134

Startup Professionals Musings

JUNE 26, 2015

I see too many executive summaries that are simply heavy-duty customer pitches, or lightweight visions of the future. " Investors want to buy into an entrepreneur with a startup that can provide evidence of an ability to double customer productivity, at half the cost, with patented technology.

Summary 101

Summary Patents Technical Review Competition 101

Startup Professionals Musings

DECEMBER 18, 2022

Too much detail at first contact is just as much of a turnoff as no information. The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I “Attached is a copy of my full business plan for your review.”

Technical Review 109

Technical Review Startup Statistics Social Media 109

Startup Professionals Musings

FEBRUARY 14, 2020

The new paradigm, driven by disruptive technologies, cloud-served supercomputing, and the new generation of young adults with global empathy, is partnering and giving something now for a competitive advantage in the future. A partnership was announced with the City of New York, to connect and grow NYC's startup ecosystem.

Startup 124

Startup IBM IBM Examples 124

Berkonomics

MARCH 15, 2012

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. Second: Market risk. Are you ahead or behind the market with your product or service?

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

NOVEMBER 5, 2018

Tech may be the tool, but hospitality – making life a little easier, more comfortable, and more enjoyable for your customer, is the winning focus. Unfortunately, too many of the technical entrepreneurs I mentor and advise are focused on their technology, and assume that the value will be self-evident to customers.

Technical Advisors 82

Technical Advisors Artificial Inteligence Customer Custom 82

Startup Professionals Musings

JUNE 25, 2021

As you think and explore and imagine the possibilities for new products, remember that it should have a broad opportunity, appeal to people who have money to buy, and needs to have pizzazz to get people’s attention in this age of information overload. File at least a provisional patent and one or more trademarks.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

DECEMBER 9, 2018

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. Nearly all new businesses aspiring to reach meaningful scale require some sort of outside funding to finance a competitive growth trajectory.

Guide 95

Guide Startup Ideas Entrepreneur 95

Startup Professionals Musings

DECEMBER 8, 2017

Since this document is outward facing, it is important to keep the terminology and tone consistent with that of your customer set, investors, and business partners. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. Opportunity segmentation and competitive environment.

Startup 65

Startup Writing Patents Competition 65

Startup Professionals Musings

MARCH 21, 2020

Too much detail at first contact is just as much of a turnoff as no information. The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I “Attached is a copy of my full business plan for your review.”

Technical Review 124

Technical Review Statistics Startup Social Media 124

Startup Professionals Musings

NOVEMBER 5, 2016

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. Nearly all new businesses aspiring to reach meaningful scale require some sort of outside funding to finance a competitive growth trajectory.

Startup 103

Startup Ideas Entrepreneur Competition 103

Startup Professionals Musings

MAY 18, 2013

Truly satisfied customers are a joy to every business person. 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. Both are networks.

Startup 100

Startup Patents Competition Social Network 100

Startup Professionals Musings

APRIL 29, 2012

Truly satisfied customers are a joy to every business person. 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. Both are networks.

Entrepreneur 102

Entrepreneur Patents Startup Ideas 102

InfoChachkie

MARCH 21, 2019

Opportunity knocked when one of her customers was spotted at a high-end boutique, wearing one of Ida’s outfits. The store’s owner, Enid Bissett, asked the customer where she had purchased the dress. The two women established a custom dress shop called Enid Frocks. This public exposure drove wealthy customers to Enid Frocks.

Entrepreneur 100

Entrepreneur Design Customer Custom 100

socalTECH

FEBRUARY 9, 2010

Custom Insurance Programs for Technology Companies. Key Information Systems (www.keyinfo.com) Providing IBM Storage Solutions. www.pitchtheangels.com) Join Tech Coast Angels members and other start up investors at the 5th Annual Los Angeles Fast Pitch Competition. Costello and Sons Insurance Brokers (www.costelloandsons.com).

Southern California 113

Southern California Tech Coast Angels IP Orange County 113

socalTECH

MARCH 31, 2014

Bitvore (www.bitvore.com) has created a system which takes thousands of sources of data, and extracts intelligence out of it to create actionable information out of that vast stream of real time data. Suddenly, everyone is trying to figure out if they need to disclose more information, and need to track that local news.

Orange County 245

Orange County Startup News IBM 245

Startup Professionals Musings

JANUARY 25, 2017

Every startup and every new business needs a unique selling proposition (USP) to get people’s attention these days, and make it stand out in the information overload we all see. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days. Is the opportunity large and growing?

Startup 58

Startup Education Ideas Customer 58

Startup Professionals Musings

OCTOBER 14, 2015

The new paradigm, driven by disruptive technologies, cloud-served supercomputing, and the new generation of young adults with global empathy, is partnering and giving something now for a competitive advantage in the future. A partnership was announced last year with the City of New York, to connect and grow NYC's startup ecosystem.

Startup 100

Startup IBM IBM Examples 100

Startup Professionals Musings

MARCH 14, 2013

According to a recent MIT study , only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. Nearly all new businesses aspiring to reach meaningful scale require some sort of outside funding to finance a competitive growth trajectory.

Startup 105

Startup Ideas Entrepreneur Competition 105

Startup Professionals Musings

APRIL 1, 2015

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Social causes are great, but your ability to sustain your value contribution is directly linked to your ability to find paying customers.

Startup 105

Startup Entrepreneur Writing Ideas 105

Startup Professionals Musings

NOVEMBER 12, 2010

Truly satisfied customers are a joy to every business person. 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. Both are networks.

Startup 88

Startup Patents Competition Social Network 88

Startup Professionals Musings

OCTOBER 3, 2014

The new paradigm, driven by disruptive technologies, cloud-served supercomputing, and the new generation of young adults with global empathy, is partnering and giving something now for a competitive advantage in the future. A partnership was just announced with the City of New York, to connect and grow NYC''s startup ecosystem.

IBM 100

IBM IBM Startup Examples 100

socalTECH

NOVEMBER 19, 2018

In addition to the video, we also deliver everything around that video, including metadata, all the user information, all the subscriptions and monetization, and data that happens around video. Those technologies allow us to scale and offer a superior product for customers. Who are your core customers? Number six are publishers.

Content 113

Content Startup Mobile Platform 113

socalTECH

SEPTEMBER 13, 2011

It seems like all that course information would be difficult to pull, how do you do that? The act only came into effect in 2010, at which point we built a system to try to find out that information for as many schools as possible. Jonathan Simkin: Certainly, it is extremely competitive.

UCSD 185

UCSD Course Startup Sites 185

InfoChachkie

OCTOBER 12, 2015

One of these bright lights is Santa Barbara-based HG Data - developers of the world's largest competitive-intelligence database. <Note: Our customers are some of the world's largest, most diverse organizations on the planet, such as IBM, HP and Dell.

Company 100

Company Companies Santa Barbara Education 100

Startup Professionals Musings

NOVEMBER 8, 2015

Too much detail at first contact is just as much of a turnoff as no information. The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I “Attached is a copy of my full business plan for your review.”

Technical Review 109

Technical Review Entrepreneur Startup Statistics 109

Startup Professionals Musings

JANUARY 30, 2012

According to a recent MIT study , only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. Nearly all new businesses aspiring to reach meaningful scale require some sort of outside funding to finance a competitive growth trajectory.

Entrepreneur 94

Entrepreneur Startup Ideas Competition 94

Startup Professionals Musings

SEPTEMBER 24, 2014

Too much detail at first contact is just as much of a turnoff as no information. The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I “Attached is a copy of my full business plan for your review.”

Entrepreneur 119

Entrepreneur Technical Review Statistics Startup 119

Startup Professionals Musings

MAY 2, 2016

Starting a new business is not an informal process, and should never be treated like a hobby between friends. Mark Zuckerberg can tell you a horror story about how his early informal breakup with a co-founder ultimately cost him a settlement later worth four billion dollars. The path to true success does not allow for shortcuts.

Startup 62

Startup Patents Entrepreneur Writing 62

socalTECH

FEBRUARY 22, 2010

We've also had great advances in engaging the trust of the commercial community, with patented advances like automatic scoring of our algorithms, which predicts the quality of translations based on a one-through-five scale. Originally, you had a lot of government customers, and were just starting out with a few commercial customers.

Software Review 145

Software Review USC Content Tech Coast Angels 145

Startup Professionals Musings

MARCH 5, 2018

Too much detail at first contact is just as much of a turnoff as no information. The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I “Attached is a copy of my full business plan for your review.”

Funding 62

Funding Technical Review Entrepreneur Startup 62