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Your New Venture IP Portfolio Sets Investment Value

Startup Professionals Musings

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

IP 93
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Every Startup Needs Intellectual Property To Thrive

Startup Professionals Musings

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

Startup 69
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7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

For example, “I just patented a new cell-phone technology that will double battery life for half the cost. Opportunity segmentation and competitive environment. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks.

Startup 65
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7 Rules For Innovations That Produce Dominant Players

Startup Professionals Musings

Look at competition for the numbers to beat, but in the consumer space, it usually takes millions to be the dominant player. Prove exclusivity with whatever methods and relationships you can use, including patents, distribution channels, government support, or name-brand customer contracts.

Netflix 54
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9 Reasons Why Execution Trumps Thinking In Business

Startup Professionals Musings

While you are still thinking, your competition will be stealing your market or the opportunity itself may go away or evolve. Patents and other intellectual property go to the first person who files, rather than the first person with the idea. Marty Zwilling First published on Inc.com on 06/15/2017. Time is money in business.

Ideas 72
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Every New Business Needs A Unique Selling Proposition

Startup Professionals Musings

Will the solution give you an “unfair competitive advantage,” meaning no competitor already has it, or can replicate your solution without your skills or intellectual property. Don’t try to explain your technical implementation, your patent algorithm, or your unfair competitive advantage here. Do include some quantification.

Startup 58
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10 Ways To Prepare For Competitors You Don’t See Yet

Startup Professionals Musings

A strong work ethic is great, but patents and intellectual property are critical. A key aspect of mitigating risk is to first identify the competitive risk elements early, and build contingency plans, in case the risks materialize. Marty Zwilling First published on Inc.com on 07/17/2017.

Metrics 58