Berkonomics

MARCH 5, 2020

This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. Here we expand the definitions a bit to encompass businesses that are still early stage, but perhaps beyond startup. And fifth: Competitive risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Both Sides of the Table

OCTOBER 30, 2014

As I’ve written about recently, at Upfront Ventures we started talking a couple of years ago about wanting to fund stuff with more meaning. 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.

Technical Review 418

Technical Review Software Review CTO Hire IP 418

Startup Professionals Musings

APRIL 1, 2015

These things outside your control do happen, but based on my years of experience as a startup advisor and Angel investor, I still see too many common failure causes that are inside the entrepreneur decision realm. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time.

Startup 105

Startup Entrepreneur Writing Ideas 105

Startup Professionals Musings

SEPTEMBER 2, 2018

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. Capture your “secret sauce.”

Services 72

Services Startup Training Writing 72

Both Sides of the Table

AUGUST 14, 2017

As a starting point the board is intended to have legal and financial responsibilities to a few key constituencies: shareholders, debt holders, creditors, employees, government and major parties with whom the business operates. ICOs certainly have a place in startup financing. What prompted this post?

Startup 217

Startup Technical Review Equity Report 217

Startup Professionals Musings

MARCH 2, 2020

in Physics who talks passionately about starting a business producing nuclear powered batteries. His challenge is to focus on one market, with a specific design, cost, and price. Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. For example, I have a friend with a Ph.D.

Ideas 126

Ideas Writing Examples Outsource 126

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. Capture your “secret sauce.”

Services 105

Services Startup Training Writing 105

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. Forcing yourself to write down a plan is actually the only way to make sure you actually have a plan. A great business often starts with one person, but it doesn’t end there.

Startup 104

Startup CTO Hire Press Customer 104

Tech.Co

MARCH 1, 2018

And while that cliché has been said about everything in the Lone Star state for years, it rings particularly true for the hottest startups showcasing their big innovations at SXSW Startup Night 2018 presented by the Kauffman Foundation and TechCo. Beast Mode is taking on a new meaning in the startup world. Price: $1.99

Startup 79

Startup Mentor Platform Help 79

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. Forcing yourself to write down a plan is actually the only way to make sure you actually have a plan. A great business often starts with one person, but it doesn’t end there.

Startup 101

Startup CTO Hire Press Customer 101

Startup Professionals Musings

NOVEMBER 4, 2019

Based on my experience and data from the field, over seventy-five percent of new startups fail, even with venture backing. Writing down key parameters will force you solidify the specifics, and mentally commit to them. Any startup with no patents, trade secrets, or other secret sauce is very high risk today.

Ideas 94

Ideas Slides Technical Review Patents 94

Berkonomics

MARCH 15, 2012

This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. Will the public respond in numbers to buy, license or rent your offering? And fifth: Competitive risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Both Sides of the Table

OCTOBER 8, 2014

Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technology startup ecosystem in the US. Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. LA By The Numbers. But even this is changing.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

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. Forcing yourself to write down a plan is actually the only way to make sure you actually have a plan. A great business often starts with one person, but it doesn’t end there.

Funding 112

Funding Entrepreneur Startup CTO Hire 112

socalTECH

APRIL 29, 2014

We caught up with one of the local teams competing in that competition, VOXearch (www.voxearch.com), to learn more about the prize as well as their specific approach to the competition. Mike Outmesguine: We''re one of about thirty teams left in the challenge, out of more than 300 that signed up last August.

Startup 262

Startup Competition Software Review UCLA 262

InfoChachkie

NOVEMBER 3, 2011

Their primary intended reader is a “first-time entrepreneur”, but clearly other stakeholders within the startup universe can also benefit from the book’s hands-on advice. Brad and Jason have been exposing venture capitalists’ secrets since 2005, when they began writing a blog series on Term Sheets at AskTheVC. Price – I am cheapskate.

Venture Capital 205

Venture Capital Entrepreneur Writing Guide 205

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. Forcing yourself to write down a plan is actually the only way to make sure you actually have a plan. A great business often starts with one person, but it doesn’t end there.

Tips 88

Tips Startup CTO Hire Press 88

Startup Professionals Musings

JUNE 15, 2010

How will you price it and position it in the market? Have you patented it? How does it stack up against competing solutions to the problem? When you sit down to start working on a business plan, grab four blank sheets of paper and write the words Opportunity, Solution, Execution, and Outcomes across the top.

Startup 91

Startup Oracle Entrepreneur Ideas 91

socalTECH

FEBRUARY 27, 2009

This morning's interview is with San Diego-based Kadonk (www.kadonk.com), a startup which is creating project management tools that work with Microsoft Project. The key here is to provide visibility to everyone along the process--not just at the start, when you put it on the wall, or email the project plan to everyone.

Startup 100

Startup Software Review Technical Review Software 100

socalTECH

JULY 29, 2009

How did the company start? Instead of writing a book, we wanted to develop a platform to bring our methods to life, and scale our knowledge. We have patents filed on this process. Can you talk about the pricing and how the business model works? The plans range up to approximately $190. But, it didn't seem scalable.

Geni 100

Geni Web Guide Platform 100

SoCal Delicious

MAY 6, 2012

Right now they’re setting up 500 free corporations for first time entrepreneurs. There are hundreds of entrepreneurs here in Los Angeles who are building awesome companies, writing awesome books, making awesome movies and are trying to solve important problems to help make this world a better place. Thank you @eminutes. .

Los Angeles 78

Los Angeles Entrepreneur Angel Fractional CTO 78

Both Sides of the Table

MARCH 11, 2011

It was a pleasure to write them myself. At the time when you did a search on Lycos, Alta Vista or similar for a category such as Cars you ended up getting 9 spam results and 1 proper website to meet your needs. He said it was better than the Yellow Pages because he would provide pricing transparency. Overture (Goto.com).

Competition 350

Competition Idealab Product CitySearch 350