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Every New Venture Needs A Product And A Business Plan

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks. That means they invest first in a set of plans.

Product 112
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6 Success Stages Every Entrepreneur Idea Has To Pass

Startup Professionals Musings

As an example of a good resource, I enjoyed the classic book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks. Investors learned this a long time ago, so most will tell you that they invest in people, not ideas.

Ideas 136
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Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks. That means they invest first in a set of plans.

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6 Steps To Convert An Idea To A Sustainable Business

Startup Professionals Musings

As an example of a good resource, I enjoyed a recent book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks. Investors learned this a long time ago, so most will tell you that they invest in people, not ideas.

Ideas 104
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When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

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. The best differentiation is a patent or other intellectual property that also provides a barrier to entry.

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Savvy Entrepreneurs Plan Both Business And Product

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks. That means they invest first in a set of plans.

Product 101
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Why Most People Fail To Cash In On Their Dream Idea

Startup Professionals Musings

As an example of a good resource, I enjoyed a recent book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks. Investors learned this a long time ago, so most will tell you that they invest in people, not ideas.

Ideas 107