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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. The investor perspective is that no manufacturing or inventory implies a minimal need for capital up front.

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Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

Patents held by startups generally have a limited ability to reduce competition. The average time required to obtain a patent is 36-to-40 months, during which there is no guarantee your adVenture will ultimately receive patent protection. Even if you are granted a patent, the scope of your claims may be significantly denuded.

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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

We’ve also seen a substantial inflow of venture capital from all over the world.”. As BCG writes in its report: The good news for SoCal and any region with tech ambitions is that the Bay Area has in some ways been too successful. In fact, as is well-reported, the luster of Silicon Valley is fading.

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7 Success Factors When Your People Are The Solution

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. The investor perspective is that no manufacturing or inventory implies a minimal need for capital up front.

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Reduce five risks: Increase your valuation

Berkonomics

This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. Will the public respond in numbers to buy, license or rent your offering? And fifth: Competitive risk. .

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6 Drivers For Aspiring Entrepreneurs To Finish School

Startup Professionals Musings

In fact, I think the evidence is clear that many entrepreneurs started their journey while still in college, and capitalized on all the resources there, before moving on: Extend your technology focus with business basics. Write a business plan and pitch deck for learning. Initiate networking to find peer partners and investors.

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7 Indications Of Your Ability To Get Business Results

Startup Professionals Musings

Finally I realized that venture capital and angel investors are actually humans, despite some views to the contrary. Some entrepreneurs love to talk and produce videos, but hate to write anything down. Registered patents and other intellectual property. Effective communication requires real listening, as well as talking.