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7 Reasons To Think Positively About Competition

Startup Professionals Musings

As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition. Every business area has competition and every customer has alternatives, so a smart entrepreneur needs to acknowledge these as a positive in defining a big market, and position the features of a new solution in this context.

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7 Critical Success Factors For A Services Business

Startup Professionals Musings

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.”

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How Beatshare Is Tackling Music And Messaging

socalTECH

Orange County startup Beatshare --backed by the Tech Coast Angels, Pasadena Angels, Harvard Business School Angels, and Archangels, among others�thinks it's figured out the formula to make music the message in its mobile app. Barry was a lead mentor there at Chapman University's Launch Labs, and we paired up. What is Beatshare?

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7 Entrepreneur Traits That Let You Soar With Angels

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Registered patents and other intellectual property. Marty Zwilling First published on Entrepreneur.com on 11/28/2014.

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Biotech Roundup: Deals Gone Wrong, Ethical Red Flags & Bay Goodbyes

Xconomy

It was fitting this week that, in the lead-up to two of biomedicine’s biggest self-celebrations, we were served ample reminder of the industry’s expensive decisions gone wrong. billion in December 2014, it counted on blockbuster sales of Cubist’s skin-infection antibiotic daptomycin (Cubicin) for years. But the U.S.

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How To Maximize Your Odds With A Part-time Startup

Startup Professionals Musings

Many experts will tell you that you can’t succeed as a part-time entrepreneur, as any good startup will require a 100 percent commitment of your time and energy. But not many of us have enough savings to live for a year or more without a salary, fund the startup, and still feed the family. Get better at saying ‘no’ to your friends.

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