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Interview with Fariborz Maseeh, Maseeh Entrepreneurship Prize Competition

socalTECH

Last week, the University of Southern California 's Viterbi School of Engineering announced that it had established a new, business plan competition, the Maseeh Entrepreneurship Prize Competition ([link] specifically aimed at students in the engineering school. Why a business plan competition, and why in engineering school?

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5 Rules Of Relevancy That Set Your New Venture Apart

Startup Professionals Musings

Some investors seem to focus wholly on the strengths of the management team, or a sustainable competitive advantage, and in reality these are the core attributes for every funding equation. That means educating targeted supporters is key, even before you start to sell. Selling too early triggers customer defenses and drives them away.

Education 151
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8 Creative Pricing Strategies Most Startups Overlook

Startup Professionals Musings

If your innovation is real, it brings added value to the table, so most customers, especially early ones, are willing to pay a premium over competitive products. Small but important options to provide expedited delivery, or priority service can significantly increase your average sale, without being tagged as a higher price.

Pricing 145
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7 Key Strategies To Ensure Long-Term Customer Growth

Startup Professionals Musings

Of course, it’s smart not to stray too far from your core competency for credibility and risk reduction. Expand into key new sales and delivery channels. Today the Internet is the best example of a new sales and delivery channel that has transformed many businesses, and killed others. Standing still is actually falling behind.

Custom 143
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5 Startup Intangibles That Can Energize Your Business

Startup Professionals Musings

Some investors seem to focus wholly on the strengths of the management team, or a sustainable competitive advantage, and in reality these are the core attributes for every funding equation. That means educating targeted supporters is key, even before you start to sell. Selling too early triggers customer defenses and drives them away.

Startup 97
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Interview with Eugene Cho, Echo Laboratories

socalTECH

My background is I was a sales rep in this industry for fourteen years, with Nikon. Eugene Cho: We had a seed round for less than $3M, and we did a note round with the Tech Coast Angels for $2M after we won their Quick Pitch competition, over about 150 other companies. So how was it you were able to ramp up sales so quickly?

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Lime is building its first scooter ‘lifestyle brand store’ in LA

TechCrunch LA

As for what will happen at the store, Fifth Wall’s Adam Demuyakor tells me “There will be deployment of scooters, charging of scooters, and some sales of apparel and accessories that are related. Educate them on the benefits, educate them on safety, and provide helmets.”