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Hire for your core. Partner for the rest.

Berkonomics

By carefully recognizing and focusing upon the very core of the business, these CEO’s are allocating their scarce cash resources to hire the best talent they can find to support that core business, and then reaching out to partners, independent contractors, and other small businesses to provide all other functions.

Patents 120
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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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A heartbreaking story about time and money.

Berkonomics

Many of the start-ups my various angel funds have financed died a slow death , not because of poor concept but because of poor execution, wasting fixed overhead and draining the financial resources from the company coffers. The financial pain of unplanned delays.

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8 Potential Entrepreneur Assists From Your 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. Get help with grant funding and incubator resources. Find technical and legal guidance and advisors.

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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. Get help with grant funding and incubator resources. Find technical and legal guidance and advisors.

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8 Ways Your Old School Can Energize Your New Venture

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. Get help with grant funding and incubator resources. Find technical and legal guidance and advisors.

Class 124
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Reduce five risks: Increase your valuation

Berkonomics

Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. And fifth: Competitive risk. . Reduction or elimination of one or more of these risks increases the valuation of the company and certainly improves its chances of survival and growth.