Remove 2016 Remove Competition Remove Entrepreneur Remove Patents
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Getting A Software Patent Is Valuable But Frustrating

Startup Professionals Musings

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Some argue to simply eliminate software patents, while others put their hopes in U.S. There is no such thing as a world-wide patent.

Patents 53
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How Entrepreneurs Can Capitalize On Their Alma Mater

Startup Professionals Musings

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Access to entrepreneurs-in-residence, business mentors. Access to intellectual property and current research.

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10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

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. This is also the place to first mention patents and any other differentiators that put you ahead of competition.

Invest 108
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Avoid New Venture Shortcuts That Scare Away Investors

Startup Professionals Musings

After many years of working with angel investors seriously trying to find new ventures worthy of their hard-earned money, I find their frustration often exceeds that of entrepreneurs sincerely looking for financial help. For seed stage funding, entrepreneurs should be looking to friends and family, crowd funding, and relevant institutions.

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8 Ways To Get Off The Ground With Angel Investors

Startup Professionals Musings

As an active angel investor myself, I understand how the process works, and I see the disappointment in the eyes of entrepreneurs who approach angel groups for funding and often get turned away for not being timely or prepared in the minds of potential investors. Marty Zwilling First published on Entrepreneur.com on 03/02/2016.

Angel 65
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7 Shortcuts That Can Kill A Startup Business

Startup Professionals Musings

Filing a provisional patent costs very little if you do it yourself, and it holds your place in line for a year. Reality check first your sizing of the opportunity, competition, and margins. Too many entrepreneurs assume they can save money or time by shortcutting these early, and catching up later after the business has more traction.

Startup 62
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10 Startup Mistakes You Can't Afford To Make Again

Startup Professionals Musings

The good news is that everyone expects entrepreneurs to make mistakes, since founders explore uncharted territory. If the market is new and competition is minimal, then the time and costs of educating potential customers probably exceeds your survival time and budget. You need patents and trademarks as a barrier to entry.

Startup 59