socalTECH

OCTOBER 14, 2016

The XPRIZE Foundation , the group which has been organizing prize-based competitions to help advance critical areas of technology to benefit mankind, announced on Thursday that it has 32 teams from 22 countries who are competing for its $7M Shell Ocean Discovery XPRIZE.

Technical Review 100

Technical Review Competition Organization Technology 100

Startup Professionals Musings

MAY 9, 2022

Outbehave Your Competition to Create Customers for Life ,” offers eight key principles for defining and managing the experience to keep it consistent and profitable: Keep every employee on stage, delivering an experience. They have to out-behave and outperform your competition. Gregg Lederman, in his classic book, “ ENGAGED!:

Custom 123

Custom Customer Services Training 123

Startup Professionals Musings

JULY 30, 2010

In my own effort to keep up with the times, I just finished a new book by Landy Chase, titled “ Competitive Selling: Out-Plan, Out-Think, Out-Sell to Win Every Time.” Establish the competitive playing field early. Selling around tough competition. Learning to negotiate properly is the key to every competitive sale.

Competition 92

Competition Entrepreneur Startup Customer 92

Startup Professionals Musings

APRIL 18, 2021

This is the last step of the process, where surprises in the evaluation of the management team, documentation, and personnel problems can derail the investment. Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves. Personnel situation is stable.

Technical Review 152

Technical Review Satisfaction Startup Summary 152

Startup Professionals Musings

OCTOBER 6, 2023

That might start with the CEO giving the investor pitch to the whole organization, and distributing the current business plan document to everyone. Make sure all business processes are documented and integrated. If everyone has a different view of reality, you have no reality. Take time to review and resolve any personnel distractions.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Both Sides of the Table

MAY 14, 2018

Here’s Why You Should Just Send the Deck I know you have your document sending tool to send your fund-raising deck to VCs and track who read your deck, which pages they read and how much time they spend on each page. Competition isn’t won or lost by your marketing decks?—?it’s it’s won by how you innovate and by how you execute.

Funding 239

Funding Venture Capital IP Competition 239

Startup Professionals Musings

SEPTEMBER 16, 2023

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Later cleanup can double your costs and risks.

Entrepreneur 104

Entrepreneur Startup Social Media News 104

Berkonomics

JANUARY 11, 2018

But sometimes there is a barrier, an impossibly high cost not considered, a social backlash never thought of, or competition already covering the idea that is unknown to the originator. Strategic thinking: Board members who ask: “What is the competitive landscape?” Which leads us to the second class of creative board thinking….

Company 243

Company Companies Ideas Competition 243

Berkonomics

APRIL 4, 2019

Requirements created by investment documents. If there is a concern over some investors gaining a competitive advantage, the amount of information may be reduced to the minimum for some classes of those investors. Of course, a public company is not entitled to pare its information to reduce exposure to competitors.

Class 120

Class Course Report Competition 120

Startup Professionals Musings

JANUARY 31, 2021

In fact, the process of organizing and documenting these elements is the best way to make sure you understand the answers yourself. It only takes a little extra work to make it a professional document, with a cover page, table of contents, headings, and page numbers.

Sample 137

Sample Writing Mentor Content 137

socalTECH

NOVEMBER 21, 2012

Glendale-based LegalZoom , the online service which provides legal documents to consumers and small businesses, said late Tuesday that it has filed a lawsuit against competitor RocketLawyer. LegalZoom said that the suit alleges false and misleading advertising by RocketLawyer, trademark infringement, and unfair competition.

Legalzoom 183

Legalzoom Glendale Advertising Competition 183

Startup Professionals Musings

APRIL 29, 2023

With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. You have no shelf life, so you can’t make money while you sleep.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

MARCH 3, 2023

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. Opportunity segmentation and competitive environment. Now let’s talk about the basic components of a business plan. Provide details on the business model.

Product 112

Product Summary Activity Customer 112

Startup Professionals Musings

AUGUST 3, 2020

With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. You have no shelf life, so you can’t make money while you sleep.

Startup 174

Startup Training Services Writing 174

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 Don’t send investors documents and notes that would be rejected by any high-school teacher. 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

NOVEMBER 28, 2020

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Later cleanup can double your costs and risks.

Tips 161

Tips Startup Social Media News 161

Startup Professionals Musings

DECEMBER 30, 2020

It starts with documenting and communicating a real purpose and mission in terms everyone can get excited about. Intellectual property is required for a competitive edge. As an angel investor myself, I’ve often heard the argument that your solution has no competition. Don’t under-estimate or ignore your competitors.

Entrepreneur 173

Entrepreneur Patents Startup Technical Review 173

Startup Professionals Musings

JUNE 18, 2023

Finally you create and document your recipe (business plan). Follow the “how to” instructions above for combining the ingredients, combined with you own “special sauce” (competitive edge), and I’m sure you will deliver a tasty dish, on time and with a profit. You can look forward to being a celebrity chef later. For now, get cooking!

Startup 112

Startup Metrics Coach Marketing 112

Startup Professionals Musings

NOVEMBER 4, 2022

It takes a long immersion in the marketplace for someone to be a true insider, understand the subtleties of the competitive landscape, recognize the people who are true assets (independent of titles), and look through the propaganda of technical collateral and PR campaigns. The industry veteran. The financial suit. The operations superstar.

Technical Advisors 123

Technical Advisors Startup Outsource Development High Tech 123

Xconomy

MAY 11, 2018

[ Editor’s note: Corie Lok co-authored this report. ] In a much anticipated speech at the White House this afternoon, President Trump unveiled a long-awaited plan meant to cut the cost of prescription drugs in the U.S.

Pricing 62

Pricing Advertising Competition Report 62

Startup Professionals Musings

JANUARY 24, 2021

That might start with the CEO giving the investor pitch to the whole organization, and distributing the current business plan document to everyone. Make sure all business processes are documented and integrated. If everyone has a different view of reality, you have no reality. Take time to review and resolve any personnel distractions.

Technical Review 151

Technical Review Startup Satisfaction Invest 151

InfoChachkie

JANUARY 3, 2012

Seth is a design-oriented entrepreneur, with little desire to document details. Competition – which competitors will prove to be the most formidable? Differentiation – what color are my elephant’s sunglasses , how I will beat the competition? Chaos By Design. In his entrepreneurial Tribe, he is the Shaman.

Ideas 266

Ideas Guide Startup Santa Barbara 266

Startup Professionals Musings

MARCH 6, 2023

Technologies are not solutions, but understanding a technology, in the context of a customer need, will result in more competitive and long-lasting solutions. The process of documenting what you think you know in a business plan, for the team and for investors, solidifies your own understanding of your new business.

Social Media 120

Social Media Startup Entrepreneur Education 120

Startup Professionals Musings

MAY 24, 2015

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Outsource Development 99

Outsource Development Startup Competition Training 99

Startup Professionals Musings

AUGUST 16, 2019

Outbehave Your Competition to Create Customers for Life ,” offers eight key principles for defining and managing the experience to keep it consistent and profitable: Keep every employee on stage, delivering an experience. They have to out-behave and outperform your competition. Gregg Lederman, in his classic book, “ ENGAGED!:

Customer 84

Customer Custom Training Satisfaction 84

Startup Professionals Musings

NOVEMBER 7, 2022

A documented business plan for the new venture is critical here. Incubating is not enough; successful new ventures must be quickly scaled to stay ahead of competition and show a level of acceptance by customers as well as your financial executives. Don’t count on friends and family, crowdfunding, angels, or other external investors.

Incubator 143

Incubator Seed Funding Metrics Customer 143

Startup Professionals Musings

SEPTEMBER 30, 2023

Document and communicate a solid business plan. Disruptive technologies require the vision and willingness to take a big leap, whereas incremental changes to existing competition must be managed with data and finesse. He also still gets excited to donate one percent of sales to environmental groups around the world.

Startup 94

Startup Ideas Metrics Entrepreneur 94

Startup Professionals Musings

AUGUST 7, 2022

It happens on the front end for startups to get traction, and then again later for every company as the economy, competition, and culture changes around them. Symbols of the new market coalition have to permeate every communication, formal process documentation, and the reward system for everyone.

Course 127

Course IBM IBM Social Media 127

SoCal CTO

APRIL 8, 2010

Death By Competitive Analysis - Steve Blank , March 1, 2010 Trading emails with a startup CEO building an iPhone app, I asked him why potential customers would buy his product. In response he sent me a competitive analysis. It looked like every competitive analysis I had done for 20 years, (ok maybe better.) And it made me sad.

Startup 150

Startup Software Review Competition SoCal 150

Startup Professionals Musings

SEPTEMBER 21, 2020

Finally you create and document your recipe (business plan). Follow the “how to” instructions above for combining the ingredients, combined with you own “special sauce” (competitive edge), and I’m sure you will deliver a tasty dish, on time and with a profit. You can look forward to being a celebrity chef later. For now, get cooking!

Startup 156

Startup Metrics Coach Marketing 156

Startup Professionals Musings

OCTOBER 29, 2022

Time is money, and may be your primary competitive advantage. A three-dimensional prototype is always better than just a documented specification when negotiating contracts for manufacturing, support, and marketing. Don’t spend your whole development budget, before finding that you need another iteration.

Outsource Development 110

Outsource Development Ideas Tool Outsource 110

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 Don’t send investors documents and notes that would be rejected by any high-school teacher. I don’t have a business plan, but the technology is disruptive.”

Technical Review 124

Technical Review Statistics Social Media Startup 124

Startup Professionals Musings

MAY 31, 2020

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. Opportunity segmentation and competitive environment. Now let’s talk about the basic components of a business plan. Provide details on the business model.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Startup Professionals Musings

JULY 31, 2023

Write all goals in the future tense, be as specific as possible, and make an effort to raise each goal one level higher to set you above your competition. This three percent with written goals will earn as much as ten times more than the ninety-seven percent without documented goals. Establish a clear visual picture of each goal.

Writing 92

Writing Ideas Startup Entrepreneur 92

socalTECH

JUNE 22, 2009

Central Desktop runs a software-as-a-service product which allows business teams to share documents, track schedules, and collaborate on other team activities. The new microblogging feature puts Central Desktop in competition with another local startup, Yammer, which has created its own enterprise and business focused take on Twitter.

Yammer 150

Yammer SaaS Pasadena Blogging 150

Startup Professionals Musings

NOVEMBER 23, 2022

Find other situations that led to success, or explain why the environment, competition, or opportunity has changed to reduce the risk of failure. Here I recommend that you narrow your focus, if possible, and document specifics of impact, cost, and value. Your idea has unpredictable negative side effects.

Ideas 116

Ideas Netflix Resource Customer 116

Startup Professionals Musings

JULY 21, 2023

Use shared-document platforms, in-house message systems, and online whiteboards, to maximize sharing and minimize miscommunication. We all know that engaged employees are necessary but not sufficient to maximize growth and survive in this world of global competition and constant change. Collaboration – sponsor hybrid action meetings.

Satisfaction 85

Satisfaction Coach Activity Sites 85