Startup Professionals Musings

FEBRUARY 26, 2012

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Marty Zwilling.

Ideas 109

Ideas Entrepreneur Patents Training 109

Startup Professionals Musings

APRIL 29, 2015

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business. File at least a provisional patent and one or more trademarks.

Ideas 104

Ideas Mentor Resource Entrepreneur 104

Berkonomics

MARCH 5, 2020

Email readers, continue here…] A great idea often fails from the inexperience or inability of management to bring the idea to market. And fifth: Competitive risk. . Third: Management risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

MARCH 22, 2014

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business. File at least a provisional patent and one or more trademarks.

Ideas 107

Ideas Mentor Entrepreneur Resource 107

Startup Professionals Musings

FEBRUARY 12, 2023

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it.

Startup 124

Startup Writing Entrepreneur Ideas 124

Berkonomics

MARCH 14, 2019

A great idea often fails from the inexperience or inability of management to bring the idea to market. Similarly, great management often can manipulate an original idea or business plan into one much more attuned to the market, adding tremendous value that might have been lost sticking to the original plan.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

MAY 17, 2020

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it.

Startup 174

Startup Writing Entrepreneur Ideas 174

socalTECH

OCTOBER 14, 2013

There''s been a revolution in the last few years with the dropping price and increasing accessibility of 3D printers--those devices which let you print practically anything using just your own personal computer, 3D software, and a special printer. Where''d the idea for the company come from? Why raise money on Indiegogo?

Startup 241

Startup Slides Orange County Design 241

Both Sides of the Table

OCTOBER 30, 2014

If electricity could be transferred like WiFi but as safe as a soundwave we use on pregnant women’s bellies and at a price-point that was attractive this is a multi-billion market. Did anybody hold patents that would prevent us from using this technology? Could we produce this at cost? We hired OSHA regulatory lawyers.

Technical Review 418

Technical Review Software Review CTO Hire IP 418

Startup Professionals Musings

DECEMBER 9, 2018

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. But unfortunately, most of these ideas fail at the execution level, or are not truly innovative. Ideas have to be implemented well to change a market, or the world. Find enough venturesome capital.

Guide 95

Guide Startup Ideas Entrepreneur 95

Berkonomics

MARCH 15, 2012

A great idea often fails from the inexperience or inability of management to bring the idea to market. Similarly, great management often can manipulate an original idea or business plan into one much more attuned to the market, adding tremendous value that might have been lost sticking to the original plan.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

NOVEMBER 5, 2016

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. But unfortunately, most of these ideas fail at the execution level, or are not truly innovative. Ideas have to be implemented well to change a market, or the world. Find enough venturesome capital.

Startup 103

Startup Ideas Entrepreneur Competition 103

Startup Professionals Musings

APRIL 1, 2013

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Marty Zwilling.

Startup 100

Startup Ideas Patents Training 100

Startup Professionals Musings

APRIL 29, 2012

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. You have figured out how to undercut your competitor’s price, and still hold your margin. Love that sustainable competitive advantage.

Entrepreneur 102

Entrepreneur Patents Startup Ideas 102

Startup Professionals Musings

MAY 18, 2013

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. You have figured out how to undercut your competitor’s price, and still hold your margin. Love that sustainable competitive advantage.

Startup 100

Startup Patents Competition Social Network 100

Startup Professionals Musings

NOVEMBER 17, 2017

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business reality. File at least a provisional patent and one or more trademarks.

Ideas 56

Ideas Mentor Resource Product 56

Startup Professionals Musings

MAY 30, 2012

Notice that I’m not suggesting that you steal someone else’s idea, but simply limit your risk by adding innovation to a proven entity. Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Of course, the first one gets the patent.

Patents 84

Patents Startup Statistics Course 84

Startup Professionals Musings

MARCH 14, 2013

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. But unfortunately, most of these ideas fail at the execution level, or are not truly innovative. Ideas have to be implemented well to change a market, or the world. Find enough venturesome capital.

Startup 105

Startup Ideas Entrepreneur Competition 105

socalTECH

APRIL 29, 2014

A number of teams have recently been looking to turn that vision into reality, as a result of the Qualcomm Tricorder Prize , a $10M competition being run by the X Prize Foundation to create a real life Tricorder. So the idea is to create a device that does all of that, and you get judged on how well it does, and how easy it is to use.

Startup 262

Startup Competition Software Review UCLA 262

Startup Professionals Musings

FEBRUARY 26, 2011

Notice that I’m not suggesting that you steal someone else’s idea, but simply limit your risk by adding innovation to a proven entity. Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Of course, the first one gets the patent.

Startup 91

Startup Patents Statistics Course 91

Startup Professionals Musings

FEBRUARY 13, 2016

This is also the place to first mention patents and any other differentiators that put you ahead of competition. Every new offering has competition and alternatives, so it’s not credible to claim no competitors. Investors invest in people more than the idea. How big and growing is the total market and your target segment?

Invest 108

Invest Startup Slides Equity 108

Startup Professionals Musings

JANUARY 30, 2012

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. But unfortunately, most of these ideas fail at the execution level, or are not truly innovative. Ideas have to be implemented well to change a market, or the world. Find enough venturesome capital.

Entrepreneur 94

Entrepreneur Startup Ideas Competition 94

Startup Professionals Musings

APRIL 1, 2015

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it.

Startup 105

Startup Entrepreneur Writing Ideas 105

Startup Professionals Musings

NOVEMBER 12, 2010

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. You have figured out how to undercut your competitor’s price, and still hold your margin. Love that sustainable competitive advantage.

Startup 88

Startup Patents Competition Social Network 88

Startup Professionals Musings

NOVEMBER 4, 2010

A while back, I wrote about the importance of a “ sustainable competitive advantage ,” and outlined the business plan value and limitations of patents and competitor feature comparisons. Steal the best ideas, benchmark against the top performers, and make improving customer service a core competency. Use it, and don’t lose it.

Customer 90

Customer Custom Services Startup 90

Xconomy

JUNE 3, 2016

Merck also saw some expected fruits of its 2014 big-ticket acquisition of Cubist Pharmaceuticals wither away this week, as the Supreme Court wouldn’t reverse a decision that shaved years off the patent life of the top-selling antibiotic daptomyicin (Cubicin). The drug has a list price of $69,350 per patient, per year.

San Diego 62

San Diego Patents Acquisition News 62

Startup Professionals Musings

APRIL 3, 2016

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it.

Startup 57

Startup Entrepreneur Writing Ideas 57

Berkonomics

AUGUST 31, 2023

Know your market and competition, or don’t spend a dime on anything else. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel. In this case, the competition was not from a company but from a new technology. There is no competition.”

Competition 156

Competition Research Summary Pricing 156

socalTECH

NOVEMBER 19, 2018

Kanaan Jemili: Garry Winnick had the idea a few years ago, when he saw the shift happening from traditional video to digital video. He saw that the industry was being disrupted globally, and actually started with the idea of building a new company that could be scalable, and flexible, and offer delivery of that content at competitive pricing.

Content 113

Content Startup Mobile Platform 113

Both Sides of the Table

MARCH 11, 2011

He presented the idea at the TED conference in the mid 90′s and was literally boo’d while he was on stage. The idea actually came to him from the Yellow Pages business. He said it was better than the Yellow Pages because he would provide pricing transparency. Summary notes, as always, provide below.

Competition 350

Competition Idealab Product CitySearch 350

Startup Professionals Musings

JUNE 15, 2010

Solution: This is your brilliant idea. How will you price it and position it in the market? Have you patented it? Execution: Execution - the hard task of turning ideas into products that people will buy - is what separates successful entrepreneurs from dreamers. Get as many ideas down as possible.

Startup 91

Startup Oracle Entrepreneur Ideas 91

Startup Professionals Musings

SEPTEMBER 30, 2013

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. It doesn’t prove your business model of pricing, distribution, and support. File a provisional patent, register a trademark, and reserve your company domain names.

Funding 112

Funding Entrepreneur Startup CTO Hire 112

Berkonomics

JULY 6, 2017

Know your market and competition, or don’t spend a dime on anything else. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel. In this case, the competition was not from a company but a new technology. There is no competition.”

Competition 266

Competition Research Summary Pricing 266

Startup Professionals Musings

AUGUST 31, 2012

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. It doesn’t prove your business model of pricing, distribution, and support. File a provisional patent, register a trademark, and reserve your company domain names.

Startup 104

Startup CTO Hire Press Customer 104

Startup Professionals Musings

JUNE 17, 2011

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. It doesn’t prove your business model of pricing, distribution, and support. File a provisional patent, register a trademark, and reserve your company domain names.

Startup 101

Startup CTO Hire Press Customer 101

Startup Professionals Musings

MAY 22, 2010

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. It doesn’t prove your business model of pricing, distribution, and support. File a provisional patent, register a trademark, and reserve your company domain names.

Tips 88

Tips Startup CTO Hire Press 88

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. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel.

Marketing 247

Marketing Competition Research Summary 247