Startup Professionals Musings

AUGUST 14, 2012

One of the toughest and yet most important questions you will be asked by savvy potential startup 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.

Competition 97

Competition Patents Startup Social Network 97

Startup Professionals Musings

DECEMBER 30, 2020

Jeff Bezos readily admits that his first career in a Wall Street-based investment banking firm gave him some keen insights into business realities, before a fear of regret and a personal passion led him to create Amazon, now the largest ecommerce site in the world. Intellectual property is required for a competitive edge.

Entrepreneur 173

Entrepreneur Patents Startup Technical Review 173

Startup Professionals Musings

OCTOBER 29, 2010

One of the most important questions you will be asked by potential investors is how your solutions beats the competition, not just today, but over the three to five year life of their investment. The concept is called “sustainable competitive advantage.” That implies competitive now, and the potential to stay in the lead.

Competition 89

Competition Patents IBM IBM 89

Startup Professionals Musings

JUNE 14, 2011

One of the toughest and yet most important questions you will be asked by savvy potential startup 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.

Competition 102

Competition Patents Startup Social Network 102

Startup Professionals Musings

FEBRUARY 13, 2016

Either of these qualms can ultimately sidetrack your startup as not worthy of investment, so it pays to do your homework on what you say and how to communicate effectively. This is also the place to first mention patents and any other differentiators that put you ahead of competition.

Invest 108

Invest Startup Slides Equity 108

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. Minimize infrastructure dependencies.

Ideas 106

Ideas Technical Review Patents Startup 106

Startup Professionals Musings

AUGUST 2, 2015

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Startup 118

Startup Competition Patents Resource 118

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

Xconomy

DECEMBER 14, 2018

The patent holder, the University of Toronto, gave companies the right to manufacture insulin. But the university also allowed them to patent the improvements they made, which enabled them to slap higher prices on each new version. to offer competitive pricing pressure. to offer competitive pricing pressure.

Patents 77

Patents Pricing Competition San Diego 77

Startup Professionals Musings

APRIL 26, 2021

Investors know that operational and employee expenses are always higher than anticipated, not to mention customer acquisition costs, capital expenses, and ongoing competitive initiatives. Patents are a good place for you to start. Convince me that you understand your competition. Outline your key activities to win.

Funding 132

Funding Template Resource Competition 132

Startup Professionals Musings

JUNE 25, 2014

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

DECEMBER 11, 2022

My first suggestion is that entrepreneurs need to forget the old myth that all they need to do is sketch an idea on a napkin, and investors will line up to invest. The most investable ventures stem from painful needs by customers who have money to spend. Investors invest in people, often more so than in the product.

Entrepreneur 108

Entrepreneur Invest Funding Patents 108

Startup Professionals Musings

FEBRUARY 27, 2023

Most universities have a file of patents from project work that they are willing to license to any entrepreneur for business commercialization, with little or no cost up front. These often lead to angel investors and venture capital investments later, or connections to local company venture funds for selected focus and technology areas.

Entrepreneur 110

Entrepreneur Class Startup Resource 110

Berkonomics

MARCH 5, 2020

Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. And fifth: Competitive risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

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

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

DECEMBER 2, 2022

Competition. Investors look for a sustainable competitive advantage, like a patent. A viable and investable business model is one of the first things you need to highlight in your business plan. Test your projections against actual published reports from similar companies. How many competitors do you have?

Sales 102

Sales Customer Custom Outsource 102

Startup Professionals Musings

JUNE 26, 2020

A business plan is the outward facing definition of the business you hope to drive with your hardware solution, with a hardware overview in the intro to highlight customer value and competitiveness. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” and trademarks.

Product 169

Product Summary Startup Examples 169

Startup Professionals Musings

MARCH 3, 2023

Opportunity segmentation and competitive environment. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks. That means they invest first in a set of plans. Provide details on the business model. Marty Zwilling

Product 112

Product Summary Activity Entrepreneur 112

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

JUNE 6, 2021

Here are six key reasons, from a business perspective: Direct competition is huge. So sites have to invest heavily in viral marketing to achieve critical mass, which competes with current social networks, while users expect to join both for free. It’s hard to invent and patent more “scientific” methods on how to match people.

Sites 134

Sites Social Network Competition Networking 134

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

NOVEMBER 26, 2012

The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage. Let’s not take any credit here for NewCo.

Startup 108

Startup Invest Patents Outsource Development 108

Startup Professionals Musings

JANUARY 27, 2018

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Competition 51

Competition Patents Resource Entrepreneur 51

Startup Professionals Musings

MARCH 10, 2021

A while back I received a discouraging note from an entrepreneur with a patent and a medical software application who couldn’t find a dime of investment, and was grousing that seed funding just wasn’t available anymore. It is not helpful to you for funders to love an idea that does not fit the criteria for their investing capability.

Software Review 123

Software Review Seed Funding Funding Startup 123

Startup Professionals Musings

JULY 23, 2023

Will the solution give you an “unfair competitive advantage,” meaning no competitor already has it, or can replicate your solution without your skills or intellectual property. Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Is there an educated marketplace waiting?

Startup 96

Startup Education Ideas Customer 96

Startup Professionals Musings

MARCH 14, 2020

My first suggestion is that entrepreneurs need to forget the old myth that all they need to do is sketch an idea on a napkin, and investors will line up to invest. The most investable ventures stem from painful needs by customers who have money to spend. Investors invest in people, often more so than in the product.

Funding 123

Funding Startup Entrepreneur Invest 123

Startup Professionals Musings

OCTOBER 15, 2022

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. Being the first mover or lowest cost is not a good long-term strategy.

Entrepreneur 111

Entrepreneur Social Media Patents Mentor 111

Berkonomics

MARCH 14, 2019

Professional investors will probe these five risk areas and make the decision to invest based upon their comfort with each. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. And fifth: Competitive risk. .

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

MAY 30, 2020

Most universities have a file of patents from project work that they are willing to license to any entrepreneur for business commercialization, with little or no cost up front. These often lead to angel investors and venture capital investments later, or connections to local company venture funds for selected focus and technology areas.

Class 124

Class Startup Resource Mentor 124

Startup Professionals Musings

JANUARY 4, 2017

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

Startup 69

Startup Patents IP Social Media 69

Startup Professionals Musings

NOVEMBER 4, 2020

Will the solution give you an “unfair competitive advantage,” meaning no competitor already has it, or can replicate your solution without your skills or intellectual property. Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Is there an educated marketplace waiting?

Startup 166

Startup Education Ideas Customer 166

Berkonomics

DECEMBER 20, 2018

So here goes: How would I find companies willing to license my intellectual property or to invest in a royalty stream from licenses? Investment banker? They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition.

IP 136

IP Product Equity Tool 136

Startup Professionals Musings

NOVEMBER 4, 2011

File a patent and trademarks to show real intellectual property. Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Prepare an investment-grade business plan. Define some intellectual property.

Invest 99

Invest Angel Technical Review Summary 99

Berkonomics

DECEMBER 20, 2018

So here goes: How would I find companies willing to license my intellectual property or to invest in a royalty stream from licenses? Investment banker? They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition.

IP 120

IP Product Equity Tool 120

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

Startup Professionals Musings

FEBRUARY 10, 2012

One of the most important questions you will be asked by potential investors is how your solutions beats the competition, not just today, but over the three to five year life of their investment. The concept is called “sustainable competitive advantage.” Our patent will protect us.” We have the first mover advantage.”

Patents 90

Patents Competition IBM IBM 90