Startup Professionals Musings

JANUARY 27, 2020

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers. For example, “I have patented a new tire that will double the wear mileage at half the cost.”

Sample 127

Sample Summary Startup Slides 127

Startup Professionals Musings

NOVEMBER 8, 2015

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Investors are buying part of the business, not the product or service. Both of these approaches are a waste of your time and theirs.

Technical Review 109

Technical Review Entrepreneur Startup Statistics 109

Startup Professionals Musings

JANUARY 26, 2012

The elevator pitch should be the first few paragraphs of your business plan, your executive summary, your investor presentation, and the first page of your web site. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. Unlike [competition], we [differentiation].”

Startup 113

Startup Patents Template Competition 113

Startup Professionals Musings

MARCH 5, 2018

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Investors are buying part of the business, not the product or service. Both of these approaches are a waste of your time and theirs.

Funding 62

Funding Technical Review Entrepreneur Startup 62

Startup Professionals Musings

NOVEMBER 5, 2018

As a self-made entrepreneur and former chairman of Diamond Resorts International, he asserts that the five biggest companies by market value today, Google, Facebook, Microsoft, Amazon, and Apple, aren’t really tech, but hospitality companies. Improve the whole customer experience, as well as the product.

Technical Advisors 82

Technical Advisors Artificial Inteligence Customer Custom 82

Startup Professionals Musings

FEBRUARY 13, 2016

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

Invest Startup Slides Equity 108

Startup Professionals Musings

SEPTEMBER 10, 2010

The elevator pitch should be the first few paragraphs of your business plan, your executive summary, your investor presentation, and the first page of your web site. Obvious passion - Investors expect energy, conviction, and commitment from entrepreneurs. Here are a few thoughts to help you get started: What is your product or service?

Startup 93

Startup Competition Summary Patents 93

Startup Professionals Musings

MAY 19, 2010

As a member of the local angel group Selection Committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Solution product & technology. Make sure to communicate the relevance of your product / services to market needs.

Slides 94

Slides Competition Sample Sales 94

Both Sides of the Table

OCTOBER 19, 2009

There was no viral social networking products back then like Twitter where people could easily discover your content. We started building the product 18 months ago so we are in better shape than 99% of start-ups. Page 1: Market Size. $3 I hadn’t thought about the fact that he would become aware of my link. I was wrong.

Venture Capital 274

Venture Capital Blogging Startup Slides 274

Startup Professionals Musings

AUGUST 27, 2012

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Solution product & technology. Make sure to communicate the relevance of your product / services to market needs.

Slides 99

Slides Competition Sample Sales 99

Startup Professionals Musings

DECEMBER 24, 2012

But many entrepreneurs don’t realize that Angels are also extremely discerning in the projects that they will invest in, rejecting approximately 97% of the proposals submitted to them, according to the California Investment Network. File a patent and trademarks to show real intellectual property. Build a prototype product.

Angel 104

Angel Screening Summary Startup 104

Startup Professionals Musings

JUNE 10, 2011

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Solution product & technology. Make sure to communicate the relevance of your product / services to market needs.

Slides 93

Slides Competition Sample Sales 93

Startup Professionals Musings

NOVEMBER 4, 2011

File a patent and trademarks to show real intellectual property. Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Build a prototype product. Define some intellectual property. Free trials don’t count.

Invest 99

Invest Angel Technical Review Summary 99

Both Sides of the Table

MARCH 11, 2011

The idea actually came to him from the Yellow Pages business. He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. So the Yellow Page business was always “pay for placement.&#.

Competition 350

Competition Idealab Product CitySearch 350

Startup Professionals Musings

SEPTEMBER 23, 2010

File a patent and trademarks to show real intellectual property. Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Build a prototype product. Define some intellectual property. Free trials don’t count.

Angel 89

Angel Funding Technical Review Startup 89

Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. What you don’t realize is these famous investors only deal with entrepreneurs who sold their last company for a $100M dollars or more. You need both to survive. and trademarks.

Product 169

Product Summary Startup Examples 169

Frank Addante

OCTOBER 19, 2006

Under Process, Over Deliver So, you need to develop a product? ▼ 2006 (20) ► December (2) Just Say What it Is 12 Proven Guidelines for Rapid Product Development. They are afraid of their competition finding out about the idea, a bigger company trying to steal it or some other entrepreneur doing it first.

Startup 40

Startup Ideas Venture Capital Competition 40

SoCal Delicious

MARCH 1, 2010

If you look at Google in the way they operate, you have two products, one is called AdWords, one is called AdSense, okay? before which is second-time entrepreneurs. Because its just not that hyper-competitive, Im-hiring-all-your-staff, because-Im-Google environment. What is happening in L.A. This is a whole new "generation 2.0"

Los Angeles 50

Los Angeles Company Companies Angel 50