Remove Competition Remove Definition Remove Patents Remove Sales
article thumbnail

Hire for your core. Partner for the rest.

Berkonomics

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 of the business. Patents, branding, marketing and more. What is your core competency? There is much to reinforce in such behavior.

Patents 120
article thumbnail

Getting A Software Patent Is Valuable But Frustrating

Startup Professionals Musings

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Some argue to simply eliminate software patents, while others put their hopes in U.S. There is no such thing as a world-wide patent.

Patents 53
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Every New Venture Needs A Product And A Business Plan

Startup Professionals Musings

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. Opportunity segmentation and competitive environment. Executives, marketing & sales, financial projections, and funding.

Product 112
article thumbnail

Hire for your core. Partner for the rest.

Berkonomics

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
article thumbnail

Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

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. Opportunity segmentation and competitive environment. Executives, marketing & sales, financial projections, and funding.

article thumbnail

7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Open your pitch by grabbing the investor's attention with a statement or question that piques their interest, then hit the following key bases: Definition of customer problem, followed by your solution. For example, “I just patented a new cell-phone technology that will double battery life for half the cost.

Startup 65
article thumbnail

NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

You’ll learn about competitive products that exist or are being built. You’ll refine your sales and investor pitch. Definitely take a look at he suggests you balance the choices. Again, relying on StartupRoar this time looking at NDA for Startups , I found some good stuff that you should definitely go through in more detail.

Startup 211