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6 Keys To Convince Investors Of Your Competitive Edge

Startup Professionals Musings

Most entrepreneurs are quick to assert to potential investors that their product or solution will kill the competition, but unfortunately your opinion alone is not enough to convince most experienced investors. A competitive advantage to a non-problem or tiny niche is not interesting to investors.

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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
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Music Prodigy Beats 70 Startups To Bring Music Education Technology to the Masses

Tech Zulu Event

Music Prodigy , a Los Angeles based music education technology firm serious on improving the way people learn, play and interact with music beat over 70 startups with their app Rock Prodigy to win the Silicon Beach Awards. It also won the 2011 Appy Award in education and the 2011 About.com’s Readers Choice Award. Winning Combination.

Education 106
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How To Pick Your Focus For Your Next Business Venture

Startup Professionals Musings

Will the solution give you an “unfair competitive advantage,” meaning no competitor already has it, or can replicate your solution without your skills or intellectual property. Is there an educated marketplace waiting? Don’t try to explain your technical implementation, your patent algorithm, or your unfair competitive advantage here.

Startup 96
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6 Ways To Extend Creativity To All Areas Of Business

Startup Professionals Musings

Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. If you study the Amazon 1-click patent long enough, you’ll likely find something of your own worth patenting.

Ideas 171
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4 Key Questions To Size The Potential Of Your Startup

Startup Professionals Musings

Will the solution give you an “unfair competitive advantage,” meaning no competitor already has it, or can replicate your solution without your skills or intellectual property. Is there an educated marketplace waiting? Don’t try to explain your technical implementation, your patent algorithm, or your unfair competitive advantage here.

Startup 166
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10 Marketing Strategies To Drive Exponential Growth

Startup Professionals Musings

Sponsor some friendly competitive events with prizes. Elon Musk and Tesla made their battery patents available to anyone, to clear the path for market infrastructure growth and compatibility, which of course benefits Tesla. Include marketing initiatives to educate and help customers.

Marketing 170