Remove Competition Remove Examples Remove IP Remove Sales
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The Best Entrepreneurs Are Hyper Competitive & Hate Losing

Both Sides of the Table

Competitiveness - One attribute that I believe most VCs look for in entrepreneurs is competitiveness. If you stumble on to a really good idea believe me it will get competitive really quickly. I know that people who aren’t competitive always find competitive people slightly distasteful. Simple example.

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Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

“Good Lord Boyet, my beauty, though but mean, Needs not the painted flourish of your praise: Beauty is bought by judgment of the eye, Not uttered by base sale of chapmen’s tongues” . Intellectual Property (IP) is an ugly thing at a startup. However, to a Big Dumb Company (BDC), a startup’s IP is a thing of beauty.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. For example, look at the following graph.

Startup 418
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ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

Intellectual Property (IP) provisions should ensure that both parties maintain the IP rights that they respectively own at the outset of the relationship. A more complicated negotiating point involves IP that is created in the course of the parties’ collaboration. This is generally a straightforward and uncontested provision.

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NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

You’ll learn about competitive products that exist or are being built. You’ll refine your sales and investor pitch. What you will convey in your conversations What protections you will place on those communications For example, you might decide that portions of your concept will be controlled more closely (a secret algorithm).

Startup 211
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Is Your Organization Ready to Become an Ecosystem Driver?

Xconomy

Dominating business-to-consumer sales, Amazon seems ready to take over the world of business-to-business too. In its first year, Amazon Business generated $1 billion in sales. However, there is still room for competition. This is a good example of the importance of learning how to thrive in a digital ecosystem.

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NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

You’ll learn about competitive products that exist or are being built. You’ll refine your sales and investor pitch. What you will convey in your conversations What protections you will place on those communications For example, you might decide that portions of your concept will be controlled more closely (a secret algorithm).

Startup 198