Startup Professionals Musings

JUNE 26, 2020

A business plan is the outward facing definition of the business you hope to drive with your hardware solution, with a hardware overview in the intro to highlight customer value and competitiveness. Use non-fuzzy terms to quantify customer value. Provide specifics on the customer business model. and trademarks.

Product 169

Product Summary Startup Examples 169

Startup Professionals Musings

DECEMBER 18, 2022

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I They only want a quick overview of the product, not detailed features and patent secrets. I don’t have a business plan, but the technology is disruptive.”

Technical Review 109

Technical Review Startup Statistics Social Media 109

Startup Professionals Musings

MAY 31, 2020

These requirements must be based on market analysis, expert input, and existing customer feedback. It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. Provide details on the business model.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

InfoChachkie

AUGUST 10, 2010

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. Thus, if a startup team asks, “What is this patent worth to us?”,

IP 256

IP Patents Company Companies 256

Startup Professionals Musings

JANUARY 4, 2017

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

Startup 69

Startup Patents IP Social Media 69

Startup Professionals Musings

MARCH 21, 2020

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I They only want a quick overview of the product, not detailed features and patent secrets. I don’t have a business plan, but the technology is disruptive.”

Technical Review 124

Technical Review Statistics Startup Social Media 124

Startup Professionals Musings

SEPTEMBER 14, 2013

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

Startup 103

Startup Patents IP Social Media 103

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. If you don’t have a high level of commitment and passion, you customers won’t seek you out.

Services 72

Services Startup Training Writing 72

Startup Professionals Musings

DECEMBER 8, 2017

Since this document is outward facing, it is important to keep the terminology and tone consistent with that of your customer set, investors, and business partners. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. Opportunity segmentation and competitive environment.

Startup 65

Startup Writing Patents Competition 65

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. If you don’t have a high level of commitment and passion, you customers won’t seek you out.

Services 105

Services Startup Training Writing 105

Startup Professionals Musings

MAY 3, 2011

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

Social Media 94

Social Media Media Patents IP 94

Startup Professionals Musings

JULY 31, 2015

Passionate entrepreneurs tend to talk on and on about their disruptive technology, their intent to change the world and free services, but if a business can’t provide quantifiable value to real customers, the dream will likely turn into a nightmare. Investors worry about competitors more than customer features.

Startup 104

Startup Summary Patents Examples 104

Startup Professionals Musings

AUGUST 17, 2016

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. If you don’t have a high level of commitment and passion, you customers won’t seek you out.

Services 61

Services Startup Training Writing 61

Startup Professionals Musings

AUGUST 18, 2014

These requirements must be based on market analysis, expert input, and existing customer feedback. It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. Provide details on the business model.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

AUGUST 27, 2012

The approach I recommend is to build the investor presentation first, by iterating on the bullets with your team, and then fleshing out the points into a full-blown text-based business plan document. Here is how and why it works, including a customer-centric quantification of the benefits. Competition and sustainable advantage.

Slides 99

Slides Competition Sample Sales 99

Startup Professionals Musings

NOVEMBER 8, 2015

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I They only want a quick overview of the product, not detailed features and patent secrets. I don’t have a business plan, but the technology is disruptive.”

Technical Review 109

Technical Review Entrepreneur Startup Statistics 109

Startup Professionals Musings

JULY 31, 2017

“Sleeping giants do wake up,” I always say, to remind new business owners that nobody cares what you do when you are not a threat, but when you get some real traction with customers, competitors will come out of the woodwork with a vengeance. A strong work ethic is great, but patents and intellectual property are critical.

Metrics 58

Metrics Resource Startup Training 58

Startup Professionals Musings

SEPTEMBER 24, 2014

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I They only want a quick overview of the product, not detailed features and patent secrets. I don’t have a business plan, but the technology is disruptive.”

Entrepreneur 119

Entrepreneur Technical Review Statistics Startup 119

Startup Professionals Musings

MAY 2, 2016

I’m not suggesting that formal legal documents are always required, but agreements without some paper or email trail are easily forgotten or misconstrued. Filing a provisional patent costs very little if you do it yourself, and it holds your place in line for a year. Reveal “secret sauce” before filing intellectual property.

Startup 62

Startup Patents Entrepreneur Writing 62

socalTECH

FEBRUARY 22, 2010

We've also had great advances in engaging the trust of the commercial community, with patented advances like automatic scoring of our algorithms, which predicts the quality of translations based on a one-through-five scale. Originally, you had a lot of government customers, and were just starting out with a few commercial customers.

Software Review 145

Software Review USC Content Tech Coast Angels 145

Startup Professionals Musings

MARCH 5, 2018

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I They only want a quick overview of the product, not detailed features and patent secrets. I don’t have a business plan, but the technology is disruptive.”

Funding 62

Funding Technical Review Entrepreneur Startup 62

Startup Professionals Musings

JUNE 10, 2011

The approach I recommend is to build the investor presentation first, by iterating on the bullets with your team, and then fleshing out the points into a full-blown text-based business plan document. Here is how and why it works, including a customer-centric quantification of the benefits. Competition and sustainable advantage.

Slides 93

Slides Competition Sample Sales 93

Startup Professionals Musings

MAY 8, 2016

These requirements must be based on market analysis, expert input, and existing customer feedback. It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. Provide details on the business model.

Product 55

Product Startup Summary Entrepreneur 55

socalTECH

MARCH 31, 2014

We''re rolling it out to finance and Wall Street, monitoring thousands of sources of continuously changing information, such as news, social media, internal email systems, and analyzing specific, material conditions that our customers are looking for. All of our documents were done for raising money, and it was a very simple transaction.

Orange County 245

Orange County Startup News IBM 245

Startup Professionals Musings

MAY 19, 2010

An alternative approach, which I prefer, is to build the investor presentation first, by iterating on the bullets with your team, and then fleshing out the points into a full-blown text-based business plan document. Here is how and why it works, including a customer-centric quantification of the benefits. Opportunity sizing.

Slides 94

Slides Competition Sample Sales 94

Startup Professionals Musings

MARCH 4, 2016

Assume you already know what your customers need and want. Just because you love a new solution doesn’t mean your customers will love it. Before spending any money, make sure you interact directly with potential customers, industry experts and investors. You need patents and trademarks as a barrier to entry.

Startup 59

Startup Training Entrepreneur Customer 59

Both Sides of the Table

OCTOBER 19, 2009

It included one firm who I asked not to call Salesforce.com as a reference (they were our largest pilot customer) and in their kindness they called Marc Benioff (the CEO) and asked his opinion. I thought, what would I do if I was trying to sell to a customer. Page 3: Competition. Page 4: Business Model. Page 5: Financials.

Venture Capital 274

Venture Capital Blogging Startup Slides 274

Startup Professionals Musings

SEPTEMBER 30, 2013

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Get a real customer and real revenue. Show personal investment.

Funding 112

Funding Entrepreneur Startup CTO Hire 112

Startup Professionals Musings

AUGUST 31, 2012

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Get a real customer and real revenue. Show personal investment.

Startup 104

Startup CTO Hire Press Customer 104

Startup Professionals Musings

JUNE 17, 2011

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Get a real customer and real revenue. Show personal investment.

Startup 101

Startup CTO Hire Press Customer 101

InfoChachkie

JUNE 25, 2009

Such a lawyer will not go out of their way to screw you, but when crafting the investor documents and in future investor-related issues, your lawyer’s allegiance must be to your company. At the very least, you or the appropriate member of your team should document the primary deal points in bullet-point form.

Technical Advisors 124

Technical Advisors Technical Review IP Patents 124

Startup Professionals Musings

MAY 22, 2010

Here are some tips which will signal traction to investors, as well as your team: Document your business plan. For a business, you must define the absolute minimum features you need to satisfy the customer problem, and test it in the market. Get a real customer and real revenue. Register some intellectual property.

Tips 88

Tips Startup CTO Hire Press 88