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Reduce five risks: Increase your valuation

Berkonomics

And fifth: Competitive risk. . If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.

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Can you overcome five risks and create wealth?

Berkonomics

And fifth: Competitive risk. . If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.

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6 Success Stages Every Entrepreneur Idea Has To Pass

Startup Professionals Musings

Find out if something very similar is already selling, and who your competition would be if you proceed. Ask some potential customers to see if there is real interest, and start thinking about price versus cost. File at least a provisional patent and one or more trademarks. Look hard at the technology for feasibility and risk.

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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

Was there consumer demand? If electricity could be transferred like WiFi but as safe as a soundwave we use on pregnant women’s bellies and at a price-point that was attractive this is a multi-billion market. Did anybody hold patents that would prevent us from using this technology? No brainer.

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Address the five risks to increase your valuation.

Berkonomics

And fifth: Competitive risk. If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.

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Thanks to our sponsors!

socalTECH

We Create Demand for California's Technology Companies. www.pitchtheangels.com) Join Tech Coast Angels members and other start up investors at the 5th Annual Los Angeles Fast Pitch Competition. Contact Scott Herson for an overview, pricing and information at herson@joyent.com or 949-861-1069. Silicon Valley Bank (www.svb.com).

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This Immigrant Entrepreneur Launched Her Billion Dollar Empire, Despite Speaking No English

InfoChachkie

In 1917, Mary Phelps Jacobs was granted patent 1,115,674 , which states, “This invention relates to improvements in brassieres.” (sic). The campaign was so successful that it ran through the 1960’s and allowed Maidenform to sell their products at premium prices, well above those of their competition.