Remove 2016 Remove Entrepreneur Remove Patents Remove Sales
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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. Every business is global, but patent rules differ around the world.

Patents 53
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When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Thus I was pleased and a bit surprised to see a new book, “ The Purpose Is Profit ,” by Ed “Skip” McLaughlin, an entrepreneur who has both succeeded and failed in starting multiple businesses.

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Interview with Marcus Filipovich, Ocular Data Systems

socalTECH

Marcus Filipovich: I joined as Chief Executive Officer in January of 2016, however, our founders are really the pioneers in the area of using eye signs for drug enforcement. Marcus Filipovich: Our other founder, Ron Waldorf, is a serial entrepreneur, primarily in the medical business. How did the company and its technology come about?

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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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Join The Unicorn Club Of Billion-Dollar Companies

Startup Professionals Musings

What every entrepreneur is asking me these days, is “How do I get to be a unicorn?” Yet there are a common set of driving factors that every entrepreneur should know, including the following: Extraordinary marketplace traction. Marty Zwilling First published on Inc.com on 09/29/2016. These are popularly called “unicorns.”

Company 100
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7 Reality Checks On Your Funding Odds With Investors

Startup Professionals Musings

On the other hand, if you are a new entrepreneur, a well-written and complete business plan demonstrates that you understand the issues and have a real plan for execution. It costs very little to file a provisional patent to begin your protection. Marty Zwilling First published on Entrepreneur.com on 04/15/2016. Minimize both.

Funding 57
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A Five-Minute Tutorial On How To Value Your Startup

Startup Professionals Musings

As an entrepreneur looking for professional investors, one of the quickest ways to lose credibility and get rejected is to start with a ridiculously high pre-money valuation. If you have a proven business model with some sales, it’s credible to apply a multiplier of five to 10 times this number for the first element of valuation.

Startup 71