Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. What you don’t realize is these famous investors only deal with entrepreneurs who sold their last company for a $100M dollars or more. and trademarks.

Product 169

Product Summary Startup Examples 169

Startup Professionals Musings

JANUARY 19, 2015

Equally bad is a full tutorial on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time.

Slides 105

Slides Technical Review Startup Research 105

Startup Professionals Musings

JANUARY 27, 2020

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers. For example, “I have patented a new tire that will double the wear mileage at half the cost.”

Sample 127

Sample Summary Startup Slides 127

Startup Professionals Musings

JULY 30, 2013

Equally bad is an extended pitch on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time.

Angel 102

Angel Funding Slides Technical Review 102

Startup Professionals Musings

FEBRUARY 16, 2016

Equally bad is a full tutorial on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time.

Startup 64

Startup Slides Technical Review Research 64

Startup Professionals Musings

JULY 31, 2015

Every entrepreneur needs a value proposition statement for his or her startup that can hook potential investors and partners in less than a minute -- the short time you might join them in an elevator on the way to their offices. Good hooks define a real problem, followed by a specific solution (not technology).

Startup 104

Startup Summary Patents Examples 104

Startup Professionals Musings

DECEMBER 8, 2017

Unless you are a serial entrepreneur with a string of successes behind you, you need a business plan to convince investors that you can build a business out of the dream that has been driving your passion to change the world. For example, “I just patented a new cell-phone technology that will double battery life for half the cost.

Startup 65

Startup Writing Patents Competition 65

Startup Professionals Musings

JULY 27, 2018

I’m still amazed at how many technical entrepreneurs don’t have a business pitch, and offer me their product pitch or product spec instead. Unfortunately, customers look for value in solving their problem, and new technologies alone scare them, so these solutions don’t get bought by customers, or funded. But it’s critical to have one.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

JUNE 22, 2012

Equally bad is an extended pitch on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time.

Tips 97

Tips Slides Technical Review Startup 97

Startup Professionals Musings

AUGUST 14, 2014

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. Here are some of the key ones: Patent protection in place as a barrier to entry. competitive advantage entrepreneur investor startup'

Competition 93

Competition Startup Patents Slides 93

Startup Professionals Musings

APRIL 29, 2011

Equally bad is an extended pitch on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time.

Slides 95

Slides Technical Review Startup Research 95

Startup Professionals Musings

JUNE 10, 2011

A perfect round number is ten slides, with the right content, that can be covered in ten minutes. Here are the ten slides you need: Problem and market need. Solution product & technology. Describe your technology patents and “secret sauce”. Even if you have an hour booked, the advice is the same.

Slides 93

Slides Competition Sample Sales 93

Startup Professionals Musings

FEBRUARY 13, 2016

Entrepreneurs who are looking to attract investors need to develop and pitch a plan -- preferably written -- that answers every potential investor question about your startup before it is asked. Just because your technology is exciting and potentially disruptive doesn’t mean you are ready to build a business.

Invest 108

Invest Startup Slides Equity 108

Both Sides of the Table

OCTOBER 19, 2009

I started by trying to think I could explain my concept without having to patronize everybody with artificial PowerPoint slides. This approach generally works well with customers because I find it much easier to build rapport when we talk like humans than when we all stare at the PowerPoint slides being projected on the wall.

Venture Capital 274

Venture Capital Blogging Startup Slides 274

Startup Professionals Musings

APRIL 18, 2010

Equally bad is an extended pitch on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. If you have ten minutes, that means no more than ten slides. I’ve seen several presentations that never moved past the first slide before running out of time.

Tips 56

Tips Slides Startup Research 56

socalTECH

JUNE 16, 2010

My partner and I, Cliff Elion, have a patent pending neck technology, which enables the guitar to be made at a very accessible price point, and also have probably more functionality and connectivity than any device in history. Our technology allows you to not play a wrong note.

Orange County 244

Orange County Startup Slides Paramount 244

Startup Professionals Musings

DECEMBER 24, 2012

But many entrepreneurs don’t realize that Angels are also extremely discerning in the projects that they will invest in, rejecting approximately 97% of the proposals submitted to them, according to the California Investment Network. File a patent and trademarks to show real intellectual property. Define some intellectual property.

Angel 104

Angel Screening Summary Startup 104

Startup Professionals Musings

NOVEMBER 4, 2011

File a patent and trademarks to show real intellectual property. A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. Reserve the company name on social networks to protect it.

Invest 99

Invest Angel Technical Review Summary 99

Startup Professionals Musings

SEPTEMBER 23, 2010

File a patent and trademarks to show real intellectual property. A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. Tags: entrepreneur startup funding angel investors.

Angel 89

Angel Funding Technical Review Startup 89

SoCal CTO

JULY 13, 2010

10 Ways To Be Your Own Boss - A VC : Venture Capital and Technology , June 18, 2010 The folks at Behance and Cool Hunting asked me to talk at their 99% Conference a couple months ago. Just because a product has a patent, deep complexity and an obvious competitive advantage does not mean that it can fly by itself into the market.

Startup 175

Startup Venture Capital Slides Blogging 175