socalTECH

MAY 24, 2012

Santa Ana-based CoreLogic , the Orange County provider of real estate, mortgage, and other related databases and information services, has sued Internet real estate broker Redfin , over patents related to home price valuation. CoreLogic's lawsuit says that Redfin is infringing on its patent, U.S. READ MORE>>.

Orange County 145

Orange County Patents Pricing Services 145

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. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

JULY 18, 2022

with demands for new products and services. An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process really exists, so you need to apply in every relevant country. Reinforce your brand in international markets. Marty Zwilling.

Patents 106

Patents Offshore Startup Demand 106

Startup Professionals Musings

SEPTEMBER 18, 2022

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” Declare that you will offer the product or service free.

Competition 133

Competition Patents Resource Invest 133

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. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

SEPTEMBER 25, 2021

The value is tied to infrastructure outside your control, such as a pervasive network of fuel stations, trained service facilities, and new government regulations. Investors expect proof that your invention can be manufactured in volume, and can justify a sales price at least double the cost, to a large customer set that has money to spend.

Technical Review 156

Technical Review Funding Patents Ideas 156

Berkonomics

DECEMBER 31, 2020

The company created a product that could be delivered as a service to medical clinicians anywhere in the world, enhancing their ability to understand their patents’ problems and needs in less time, using the expertise built into an AI expert system created by the best minds in many medical specialties. Other sources of grants.

Equity 156

Equity Writing Education Research 156

Startup Professionals Musings

APRIL 29, 2022

New generation of customers expect more service. The support currently provided by product service can become inadequate to satisfy new customers, as your growth and image becomes better known. Customers suddenly become very price sensitive. A new formidable competitor jumps into play.

Marketing 110

Marketing Pricing Startup Custom 110

Startup Professionals Musings

MAY 1, 2021

You have figured out how to undercut your competitor’s price, and still hold your margin. 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. Love that sustainable competitive advantage.

Startup 160

Startup Patents Competition Social Network 160

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Target market. Sales/Marketing.

Sales 102

Sales Custom Customer Outsource 102

Startup Professionals Musings

JUNE 27, 2014

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. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Services 105

Services Startup Training Writing 105

Berkonomics

MARCH 5, 2020

Is the product or service possible to produce at all, let alone economically enough to. 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. First: Product risk. . Second: Market risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

AUGUST 17, 2016

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. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Services 61

Services Startup Training Writing 61

Berkonomics

JULY 6, 2017

There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel. Merely adapting the switches to new digital phones would not work, since guests no longer needed the service itself, being instantly self-sufficient. Back to 1996.

Competition 266

Competition Research Summary Pricing 266

Startup Professionals Musings

FEBRUARY 14, 2021

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. All of these are competitors in terms of speed, price, or luxury. Here are some of the key ones: Patent protection in place as a barrier to entry.

Competition 166

Competition Funding Startup Patents 166

Startup Professionals Musings

DECEMBER 14, 2019

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” Declare that you will offer the product or service free.

Competition 120

Competition Patents Resource Invest 120

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. But once you start selling products, all of these pale in comparison to your level of customer service. Continuous customer service innovation.

Custom 90

Custom Customer Services Startup 90

Startup Professionals Musings

OCTOBER 13, 2019

with demands for new products and services. An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process really exists, so you need to apply in every relevant country. Reinforce your brand in international markets. Marty Zwilling.

Marketing 94

Marketing Patents Offshore Startup 94

Berkonomics

MARCH 14, 2019

Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? 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. Second: Market risk.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

JUNE 19, 2023

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. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Failure is an option.

Entrepreneur 101

Entrepreneur Startup Ideas Competition 101

Startup Professionals Musings

FEBRUARY 17, 2021

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated. The same is true for filing patents, registering trademarks, and filing copyrights.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

Berkonomics

SEPTEMBER 6, 2018

If the price of an acquisition is so high as to make the risk of creating the product or service yourself more attractive, that alternative must be discussed with your board. Remember to consider the cost of lost time if starting from scratch, and of patent or other branding considerations that would challenge a “make” decision.

Company 120

Company Companies Acquisition Resource 120

Startup Professionals Musings

JULY 17, 2022

It might be a patented technology, but it could also be the creativity of employees or logistic competencies of the company. This could be the utilization rate of a plant, the price premium of the brand, or the service offered or products sold. It is about identifying a core competence which others cannot match.

Organization 118

Organization Course Patents Entrepreneur 118

Berkonomics

MAY 8, 2014

The company has created a product that can be delivered as a service to medical clinicians anywhere in the world, enhancing their ability to understand their patents’ problems and needs in less time, using the expertise built into an expert system created by the best minds in many medical specialties.

Company 166

Company Companies Writing Education 166

Startup Professionals Musings

SEPTEMBER 26, 2020

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. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Failure is an option.

Startup 171

Startup Ideas Entrepreneur Competition 171

Berkonomics

MARCH 15, 2012

Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? 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.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

JUNE 12, 2019

Traditionally, you just worried about the quality of the sales transaction (price, speed, service), but the “customer experience” now includes ease of pre-sale shopping, post-sale support, with a connected relationship throughout. Soon your refrigerator may order more milk or bread when stock is low.

Custom 96

Custom Customer Coach Pricing 96

Startup Professionals Musings

SEPTEMBER 8, 2018

The value is tied to infrastructure outside your control, such as a pervasive network of fuel stations, trained service facilities, and new government regulations. Investors expect proof that your invention can be manufactured in volume, and can justify a sales price at least double the cost, to a large customer set that has money to spend.

Technical Review 86

Technical Review Patents Ideas Journal 86

Startup Professionals Musings

APRIL 18, 2015

with demands for new products and services. An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. Reinforce your brand in international markets. Don’t try to do it all at once.

Patents 106

Patents Startup Offshore Demand 106

socalTECH

DECEMBER 7, 2015

You never get a �buy now� price. All of our pricing is buy now, and the price you see is the price you pay, versus many of the extras you have to pay for when you charter your own jet normally. With our service, it's very simple, you don't have to self identify until you book a flight. Right now, we're in the U.S.

Pricing 100

Pricing Sites Services Custom 100

Startup Professionals Musings

JUNE 2, 2021

Features, availability, and brand are just the price of entry. In many cases, growing the ecosystem is so important that your best competitive move may be to invest in facilitating “competition,” such as Tesla Motors giving away their battery patents to other auto providers, without royalties, to build the ecosystem.

Competition 142

Competition Software Review Social Media Custom 142

Startup Professionals Musings

JUNE 25, 2021

Ask some potential customers to see if there is real interest, and start thinking about price versus cost. File at least a provisional patent and one or more trademarks. This is the point where you work on the specifics of being able to deliver your product or service. Look hard at the technology for feasibility and risk.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

AUGUST 2, 2015

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” Declare that you will offer the product or service free.

Startup 118

Startup Competition Patents Resource 118

Startup Professionals Musings

NOVEMBER 4, 2019

I recommend a ten-slide pitch to start, reviewed by friends and advisors, to be expanded to a ten-to-twenty-page business plan with opportunity sizing, cost and price details, competitors, marketing and sales strategy, financial projections, and resources required. Make the product or service come alive.

Ideas 94

Ideas Slides Technical Review Patents 94

Xconomy

NOVEMBER 11, 2016

Drug company stocks got a boost with the defeat of Hillary Clinton, a vocal critic of drug prices. Will he take a softer stance on drug prices? Who will be in charge of the Department of Health and Human Services, which oversees the FDA, National Institutes of Health, and Medicare and Medicaid? Patent and Trademark Office.

Patents 87

Patents Study Pricing Research 87

Startup Professionals Musings

NOVEMBER 8, 2017

with demands for new products and services. An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process really exists, so you need to apply in every relevant country. Reinforce your brand in international markets. Marty Zwilling.

Marketing 54

Marketing Patents Offshore Startup 54

Startup Professionals Musings

NOVEMBER 21, 2013

with demands for new products and services. An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. Reinforce your brand in international markets. Don’t try to do it all at once.

Entrepreneur 97

Entrepreneur Patents Startup Offshore 97