Berkonomics

MARCH 5, 2020

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Are you ahead or behind the market with your product or service?

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Berkonomics

AUGUST 23, 2012

By definition, your core is your intellectual property foundation, the thing that makes your business most valuable to customers, investors and perhaps someday to potential buyers. Or we do so with brilliant research and development, highly trained sales forces, large advertising campaigns, or secret processes.

Patents 159

Patents Training Resource Advertising 159

Startup Professionals Musings

FEBRUARY 12, 2023

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. There is no substitute for market research to confirm that your passion matches a real need in the market. Assume passion level defines business opportunity.

Startup 124

Startup Writing Entrepreneur Ideas 124

Startup Professionals Musings

DECEMBER 11, 2022

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Here is my list of red flags that cause many investors to look elsewhere: No well-defined need or viable customer set.

Entrepreneur 108

Entrepreneur Invest Funding Patents 108

Startup Professionals Musings

MAY 30, 2020

Access to intellectual property and current research. Most universities have a file of patents from project work that they are willing to license to any entrepreneur for business commercialization, with little or no cost up front. Visit the university library for access to otherwise costly business reports.

Class 124

Class Startup Resource Mentor 124

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. Development schedule and checkpoints.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Berkonomics

MARCH 14, 2019

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Will the public respond in numbers to buy, license or rent your offering?

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

MAY 17, 2020

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. There is no substitute for market research to confirm that your passion matches a real need in the market. Assume passion level defines business opportunity.

Startup 174

Startup Writing Entrepreneur Ideas 174

Startup Professionals Musings

MARCH 14, 2020

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Here is my list of red flags that cause many investors to look elsewhere: No well-defined need or viable customer set.

Funding 123

Funding Startup Entrepreneur Invest 123

Berkonomics

MARCH 15, 2012

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. Second: Market risk. Are you ahead or behind the market with your product or service?

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

JUNE 12, 2016

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition.

Competition 62

Competition Entrepreneur Patents Customer 62

socalTECH

FEBRUARY 27, 2015

Despite the widespread impact of software today on our lives, there are a number of areas of computer science research which have had a difficult time in being translated into practical, every day usage. We''re now scaling it up, and we''ve also filed seven patents in that process.

Research 100

Research Patents USC Software 100

InfoChachkie

SEPTEMBER 13, 2016

Thus, cast your research net beyond VC-backed companies to fully understand a school’s ability to foster viable businesses. Ask: How many patents were filed by students and faculty during each of the past five years? What is the process required to create a custom degree? Is there a venture competition with cash prizes?

Venture Capital 100

Venture Capital Technical Review Class Patents 100

Startup Professionals Musings

MAY 1, 2016

Access to intellectual property and current research. Most universities have a file of patents from project work that they are willing to license to any entrepreneur for business commercialization, with little or no cost up front. Visit the university library for access to otherwise costly business reports.

Entrepreneur 55

Entrepreneur Capital Class Startup 55

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. Development schedule and checkpoints.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

MAY 30, 2012

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. Market research is more meaningful if there is already a market and real customers. Learn from competitors and early adopters.

Patents 84

Patents Startup Statistics Course 84

Startup Professionals Musings

FEBRUARY 26, 2011

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. Market research is more meaningful if there is already a market and real customers. Learn from competitors and early adopters.

Startup 91

Startup Patents Statistics Course 91

Startup Professionals Musings

APRIL 1, 2015

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. There is no substitute for market research to confirm that your passion matches a real need in the market. Assume passion level defines business opportunity.

Startup 105

Startup Entrepreneur Writing Ideas 105

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. Development schedule and checkpoints.

Product 55

Product Startup Summary Entrepreneur 55

InfoChachkie

FEBRUARY 20, 2012

Bill’s advice reflects Microsoft’s hardnosed culture, which encourages internal competition and a ruthless pursuit of the truth. Along with your cash, customers and employees, a healthy startup culture will prove to be one of your most precious assets. . ." [Tweet this quote]. Treasure it.

Tips 275

Tips Startup IP Santa Barbara 275

Berkonomics

AUGUST 31, 2023

Know your market and competition, or don’t spend a dime on anything else. Well, here is one of those, and it deals with market research first and foremost. But wait for the mic drop… [Email readers, continue here…] Here’s where some intelligent market research might have saved the company and my investment.

Competition 156

Competition Research Summary Pricing 156

socalTECH

NOVEMBER 19, 2018

Those technologies allow us to scale and offer a superior product for customers. He saw that the industry was being disrupted globally, and actually started with the idea of building a new company that could be scalable, and flexible, and offer delivery of that content at competitive pricing. Who are your core customers?

Content 113

Content Startup Mobile Platform 113

Startup Professionals Musings

AUGUST 1, 2016

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Here is my list of shortcomings that cause many investors to look elsewhere: No well-defined need or viable customer set.

Entrepreneur 57

Entrepreneur Invest Funding Patents 57

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

socalTECH

SEPTEMBER 13, 2011

You've got to find each one, and research them online. 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. Back to the service itself-- you've got lots of competition in the space, how are you going to get above that noise?

UCSD 185

UCSD Course Startup Sites 185

Startup Professionals Musings

APRIL 3, 2016

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. There is no substitute for market research to confirm that your passion matches a real need in the market. Assume passion level defines business opportunity.

Startup 57

Startup Entrepreneur Writing Ideas 57

Startup Professionals Musings

DECEMBER 24, 2012

File a patent and trademarks to show real intellectual property. Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Remember to aim the content of both of these at investors, not customers.

Angel 104

Angel Screening Summary Startup 104

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. We''re looking for lighting bolts in time which are important. out of UC Irvine.

Orange County 245

Orange County Startup News IBM 245

Startup Professionals Musings

NOVEMBER 4, 2011

File a patent and trademarks to show real intellectual property. Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Remember to aim the content of both of these at investors, not customers.

Invest 99

Invest Angel Technical Review Summary 99

Startup Professionals Musings

NOVEMBER 11, 2013

You may have the solution to the world hunger problem, but if your customers have no money, your business won’t last long. There is no substitute for market research, written by domain experts, to supplement your informal poll of friends and family. Idea has limited business opportunity. Not every good idea is a good business.

Startup 100

Startup Ideas Entrepreneur Resource 100

Startup Professionals Musings

OCTOBER 1, 2012

You may have the solution to the world hunger problem, but if your customers have no money, your business won’t last long. There is no substitute for market research, written by domain experts, to supplement your informal poll of friends and family. Idea has limited business opportunity. Not every good idea is a good business.

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

Tech Zulu Event

APRIL 9, 2015

ZehnerGroup designs and builds custom websites that scale. Our unique entrepreneurial spirit lends itself perfectly to launching the next great web startup or is generating that fresh spark to create a competitive advantage for a large corporation. Custom ad deals and partnerships. Praedicat, Inc. All ticket sales are final.

Culver City 40

Culver City Media Web Design 40

Berkonomics

JULY 6, 2017

Know your market and competition, or don’t spend a dime on anything else. Well, here is one of those, and it deals with market research first and foremost. Here’s where some intelligent market research might have saved the company and my investment. In this case, the competition was not from a company but a new technology.

Competition 266

Competition Research Summary Pricing 266

Startup Professionals Musings

SEPTEMBER 23, 2010

File a patent and trademarks to show real intellectual property. Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Remember to aim the content of both of these at investors, not customers.

Angel 89

Angel Funding Technical Review Startup 89

Tech Zulu Event

AUGUST 28, 2012

We did some informal research toward the end of 2011 when the “pinning” phenomenon emerged because we found it very interesting. When we discussed the feedback we saw an opportunity to use our backgrounds in search and discovery to help us stand out from the competition. What inspired you to launch LoveIt?

Organization 90

Organization Content Tool Blogging 90

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

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. Here’s where some intelligent market research might have saved the company and my investment. There is no competition.”

Marketing 247

Marketing Competition Research Summary 247