Remove Competition Remove Develop Remove Patents Remove Slides
article thumbnail

10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” and trademarks.

Product 169
article thumbnail

10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

Entrepreneurs who are looking to attract investors need to develop and pitch a plan -- preferably written -- that answers every potential investor question about your startup before it is asked. This is also the place to first mention patents and any other differentiators that put you ahead of competition.

Invest 108
Insiders

Sign Up for our Newsletter

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

article thumbnail

NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? You’ll learn about competitive products that exist or are being built. Lots of thoughts here. You’ll get suggestions for improvements.

Startup 211
article thumbnail

NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? You’ll learn about competitive products that exist or are being built. Lots of thoughts here. You’ll get suggestions for improvements.

Startup 198
article thumbnail

Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

I started by trying to think I could explain my concept without having to patronize everybody with artificial PowerPoint slides. This approach generally works well with customers because I find it much easier to build rapport when we talk like humans than when we all stare at the PowerPoint slides being projected on the wall.

article thumbnail

Top 30 Startup Posts in June 2010

SoCal CTO

Just because a product has a patent, deep complexity and an obvious competitive advantage does not mean that it can fly by itself into the market. Personally, I don't like weighty board packs and I do not wish to inflict slide preparation upon anyone. The loyalties that develop during that time are strong and hard to break.

Startup 175