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

InfoChachkie

However, to a Big Dumb Company (BDC), a startup’s IP is a thing of beauty. 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.

IP 256
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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. You have no shelf life, so you can’t make money while you sleep. Capture your “secret sauce.”

Startup 111
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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. The same applies to manufacturing and almost any process these days.

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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. You have no shelf life, so you can’t make money while you sleep. Capture your “secret sauce.”

Startup 174
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Reduce five risks: Increase your valuation

Berkonomics

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. 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. And fifth: Competitive risk. . Why five risks? Fourth: Financial risk. .

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Fixing Tech’s Gender Problem Starts With Company Culture

InfoChachkie

On a micro level, you can do your part to fix tech's gender problem by recruiting people with diverse backgrounds and place them in a company culture that rewards those who challenge the status quo. Most men in the 1940's and 50's did not know how to use a keyboard and thus could not write code.

Company 100
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6 Drivers For Aspiring Entrepreneurs To Finish School

Startup Professionals Musings

Universities have the links you need to patent attorneys, prototyping companies, investment groups, as well as a wealth of peer talent to round out your team and share the work. Write a business plan and pitch deck for learning. Initiate networking to find peer partners and investors. Learning by doing is the only way to go.