Startup Professionals Musings

AUGUST 14, 2014

Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos. All of these are competitors in terms of speed, price, or luxury. Here are some of the key ones: Patent protection in place as a barrier to entry. competitive advantage entrepreneur investor startup'

Competition 93

Competition Startup Patents Slides 93

Startup Professionals Musings

MAY 10, 2021

Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Many businesses have found that raising the price of a product to give it status can win more customers than a price war.

Ideas 171

Ideas Patents Training Entrepreneur 171

Startup Professionals Musings

JULY 18, 2022

But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. Don’t pick a name for your company or product that has a negative or totally different meaning in another language. An international brand will command higher prices and additional customer demand.

Patents 106

Patents Offshore Startup Demand 106

Startup Professionals Musings

OCTOBER 29, 2010

One of the most important questions you will be asked by potential investors is how your solutions beats the competition, not just today, but over the three to five year life of their investment. The concept is called “sustainable competitive advantage.” That implies competitive now, and the potential to stay in the lead.

Competition 89

Competition Patents IBM IBM 89

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. Test your projections against actual published reports from similar companies. Competition. What is the need you fill or problem you solve? Revenue model.

Sales 102

Sales Customer Custom Outsource 102

Both Sides of the Table

MARCH 11, 2011

He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. So he launched a company with exclusively paid search. He said it was better than the Yellow Pages because he would provide pricing transparency.

Competition 350

Competition Idealab Product CitySearch 350

Startup Professionals Musings

APRIL 29, 2023

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. You have no shelf life, so you can’t make money while you sleep. Make sure everyone knows your vision and values.

Startup 111

Startup Training Services Writing 111

Berkonomics

MARCH 5, 2020

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. And fifth: Competitive risk. . Why five risks?

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

AUGUST 2, 2015

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Startup 118

Startup Competition Patents Resource 118

Startup Professionals Musings

AUGUST 3, 2020

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. You have no shelf life, so you can’t make money while you sleep. Make sure everyone knows your vision and values.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

JUNE 25, 2014

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

OCTOBER 13, 2019

But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. Don’t pick a name for your company or product that has a negative or totally different meaning in another language. An international brand will command higher prices and additional customer demand.

Marketing 94

Marketing Patents Offshore Startup 94

Berkonomics

MARCH 14, 2019

Of course, we are speaking of increased valuation of your company when we speak of “wealth.” Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. And fifth: Competitive risk. . Make you wealthy someday.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Berkonomics

FEBRUARY 17, 2010

Know your market and competition, or don’t spend a dime on anything else. I have stated previously that I love absolutes – statements with no wiggle room for gray-area responses. Hotels were installing the system; guests were satisfied and the company was growing. Back to 1996.

Marketing 247

Marketing Competition Research Summary 247

Both Sides of the Table

OCTOBER 30, 2014

If electricity could be transferred like WiFi but as safe as a soundwave we use on pregnant women’s bellies and at a price-point that was attractive this is a multi-billion market. Did anybody hold patents that would prevent us from using this technology? Could we produce this at cost? We hired OSHA regulatory lawyers.

Technical Review 418

Technical Review Software Review CTO Hire IP 418

Startup Professionals Musings

JANUARY 27, 2018

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Competition 51

Competition Patents Resource Entrepreneur 51

Startup Professionals Musings

JUNE 26, 2015

" Investors want to buy into an entrepreneur with a startup that can provide evidence of an ability to double customer productivity, at half the cost, with patented technology. Include your sustainable competitive advantage. Quantify all the key elements of the equation, including price, margin and volume.

Summary 101

Summary Patents Technical Review Competition 101

Startup Professionals Musings

FEBRUARY 10, 2012

One of the most important questions you will be asked by potential investors is how your solutions beats the competition, not just today, but over the three to five year life of their investment. The concept is called “sustainable competitive advantage.” Our patent will protect us.” We all recognize that there are no guarantees.

Patents 90

Patents Competition IBM IBM 90

Startup Professionals Musings

MAY 15, 2020

Today’s customer is especially attracted to companies like TOMS , who donates a pair of shoes for every pair they sell, or Patagonia, with its support for grassroots environmental groups. Sponsor some friendly competitive events with prizes. Let your highly motivated customers be your best marketing advocates for new customers.

Marketing 170

Marketing Startup Examples Customer 170

Berkonomics

MARCH 15, 2012

Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. This is sometimes labeled “execution risk” addressing whether management can create and run the company producing the product acceptable to the marketplace.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

socalTECH

OCTOBER 14, 2013

There''s been a revolution in the last few years with the dropping price and increasing accessibility of 3D printers--those devices which let you print practically anything using just your own personal computer, 3D software, and a special printer. Where''d the idea for the company come from? Our competitive advantage is fashion.

Startup 241

Startup Slides Orange County Design 241

Startup Professionals Musings

APRIL 18, 2015

But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. Don’t pick a name for your company or product that has a negative or totally different meaning in another language. An international brand will command higher prices and additional customer demand.

Patents 106

Patents Startup Offshore Demand 106

socalTECH

APRIL 29, 2014

A number of teams have recently been looking to turn that vision into reality, as a result of the Qualcomm Tricorder Prize , a $10M competition being run by the X Prize Foundation to create a real life Tricorder. That''s essentially how the Tricoder competition was formed--it''s time for this to happen. Mann implantable device area.

Startup 262

Startup Competition Software Review UCLA 262

Startup Professionals Musings

NOVEMBER 8, 2017

But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. Don’t pick a name for your company or product that has a negative or totally different meaning in another language. An international brand will command higher prices and additional customer demand.

Marketing 54

Marketing Patents Offshore Startup 54

Startup Professionals Musings

NOVEMBER 21, 2013

But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. Don’t pick a name for your company or product that has a negative or totally different meaning in another language. An international brand will command higher prices and additional customer demand.

Entrepreneur 97

Entrepreneur Patents Startup Offshore 97

Startup Professionals Musings

MAY 30, 2012

Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway.

Patents 84

Patents Startup Statistics Course 84

socalTECH

FEBRUARY 9, 2010

Backing Southern California's next great technology companies. We Create Demand for California's Technology Companies. Custom Insurance Programs for Technology Companies. PricewaterhouseCoopers' Vision To Reality Program for Emerging Tech Companies. Los Angeles-based executive search for emerging growth companies.

Southern California 113

Southern California Tech Coast Angels IP Orange County 113

Startup Professionals Musings

OCTOBER 13, 2012

But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. Don’t pick a name for your company or product that has a negative or totally different meaning in another language. An international brand will command higher prices and additional customer demand.

Marketing 104

Marketing Startup Patents Offshore 104

Startup Professionals Musings

APRIL 1, 2013

Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Many businesses have found that raising the price of a product to give it status can win more customers than a price war.

Startup 100

Startup Ideas Patents Training 100

Startup Professionals Musings

SEPTEMBER 2, 2018

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. You have no shelf life, so you can’t make money while you sleep. Make sure everyone knows your vision and values.

Services 72

Services Startup Training Writing 72

Startup Professionals Musings

FEBRUARY 26, 2011

Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway.

Startup 91

Startup Patents Statistics Course 91

Startup Professionals Musings

FEBRUARY 26, 2012

Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Many businesses have found that raising the price of a product to give it status can win more customers than a price war.

Ideas 109

Ideas Entrepreneur Patents Training 109

socalTECH

JUNE 23, 2009

Semiconductor startups seem to be quite rare in today's environment, with few companies being funded or launched, due both to the difficulty of bringing products to market, lack of investment capital, as well as lots of established, large companies in the industry. In terms of pricing, no one can compete.

Patents 100

Patents Sample Technical Review Pricing 100

Startup Professionals Musings

FEBRUARY 13, 2016

This is also the place to first mention patents and any other differentiators that put you ahead of competition. Every new offering has competition and alternatives, so it’s not credible to claim no competitors. Find a comparable company to show potential sale value and return on investment (ROI).

Invest 108

Invest Startup Slides Equity 108

Startup Professionals Musings

AUGUST 20, 2011

But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. Don’t pick a name for your company or product that has a negative or totally different meaning in another language. An international brand will command higher prices and additional customer demand.

Entrepreneur 103

Entrepreneur Patents Offshore Startup 103

socalTECH

SEPTEMBER 13, 2011

Every price comparison out there, whether that's Google Products, Bizrate, or other sites, can find books, but you can only do it one at a time. Jonathan Simkin: I was actually in high school when I decided I'd either start a company when I graduated, or go into patent law. They act as mentors and help companies grow.

UCSD 185

UCSD Course Startup Sites 185

Startup Professionals Musings

JUNE 27, 2014

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. You have no shelf life, so you can’t make money while you sleep. Make sure everyone knows your vision and values.

Services 105

Services Startup Training Writing 105