Remove Competition Remove Demand Remove Patents Remove Presentation
article thumbnail

Every New Venture Needs A Product And A Business Plan

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. The customer pain point must be defined before the solution is presented, so it doesn’t look like you have a solution looking for a problem.

Product 112
article thumbnail

6 Success Stages Every Entrepreneur Idea Has To Pass

Startup Professionals Musings

Find out if something very similar is already selling, and who your competition would be if you proceed. File at least a provisional patent and one or more trademarks. Be wary of crafty shysters who will flood your mailbox with official-looking mail offering to help for a fee, or demanding fees you forgot to pay.

Ideas 136
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. The customer pain point must be defined before the solution is presented, so it doesn’t look like you have a solution looking for a problem.

article thumbnail

6 Steps To Convert An Idea To A Sustainable Business

Startup Professionals Musings

Find out if something very similar is already selling, and who your competition would be if you proceed. File at least a provisional patent and one or more trademarks. Be wary of crafty shysters who will flood your mailbox with official-looking mail offering to help for a fee, or demanding fees you forgot to pay.

Ideas 104
article thumbnail

How Beatshare Is Tackling Music And Messaging

socalTECH

We worked on Beatshare at Chapman, where there was a business plan competition, which we won. From there, we went on to a national competition, California Dreamin, which had over 200 entrants from multiple universities, with undergrad, graduate, and postgraduates from all around the country for three days, and we got second place.

article thumbnail

Why Most People Fail To Cash In On Their Dream Idea

Startup Professionals Musings

Find out if something very similar is already selling, and who your competition would be if you proceed. File at least a provisional patent and one or more trademarks. Be wary of crafty shysters who will flood your mailbox with official-looking mail offering to help for a fee, or demanding fees you forgot to pay.

Ideas 107
article thumbnail

Savvy Entrepreneurs Plan Both Business And Product

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. The customer pain point must be defined before the solution is presented, so it doesn’t look like you have a solution looking for a problem.

Product 101