Startup Professionals Musings

MAY 31, 2020

It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. Opportunity segmentation and competitive environment. Executives, marketing & sales, financial projections, and funding.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Startup Professionals Musings

SEPTEMBER 30, 2011

Two founders have spent $200K of personal and family funds over a one year period to start the company, get a prototype site up and running, and have already generated some “buzz” in the Internet community. The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage.

Funding 98

Funding Startup Patents Outsource Development 98

Startup Professionals Musings

JUNE 25, 2021

Find out if something very similar is already selling, and who your competition would be if you proceed. File at least a provisional patent and one or more trademarks. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Now get real (cook it).

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

APRIL 25, 2016

Secret sauce' or competitive advantage is not clear. It costs very little to file a provisional patent to begin your protection. In fact, it is your job to show how the technology will be embodied in a solution that satisfies a painful customer need, what channels will be used for sales and what business model maximizes return.

Funding 57

Funding Social Media Startup Patents 57

Startup Professionals Musings

FEBRUARY 13, 2016

This is also the place to first mention patents and any other differentiators that put you ahead of competition. Every new offering has competition and alternatives, so it’s not credible to claim no competitors. What are your specific marketing and sales plans? Highlight elements of traction you already have.

Invest 108

Invest Startup Slides Equity 108

Startup Professionals Musings

DECEMBER 8, 2017

For example, “I just patented a new cell-phone technology that will double battery life for half the cost. Opportunity segmentation and competitive environment. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks.

Startup 65

Startup Writing Patents Competition 65

Startup Professionals Musings

MARCH 5, 2018

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 They only want a quick overview of the product, not detailed features and patent secrets. I don’t have a business plan, but the technology is disruptive.”

Funding 62

Funding Technical Review Entrepreneur Startup 62

InfoChachkie

SEPTEMBER 4, 2012

No VC Fit - Match your venture with appropriate funding source. Distribution and Sales. Patents and Trademarks. Competition. How much money are you looking for, what will you do with it and what other funding sources (if any) do you already have secured? Management Team. Financials. It is surprisingly simple.

Venture Capital 211

Venture Capital Summary Technical Review Template 211

Startup Professionals Musings

AUGUST 27, 2012

Describe your technology patents and “secret sauce”. Competition and sustainable advantage. List and position your competition, or alternatives available to the customer. Highlight your sustainable competitive advantages, and barriers to entry. Marketing, sales, and partners. Funding requirements and use of funds.

Slides 99

Slides Competition Sample Sales 99

socalTECH

JULY 31, 2013

In the world of mobile app and Internet startups, it''s not that often that you see companies who touch the hardware side of the world get funding nowadays. The firm recently raised a $15M series C funding, and we caught up with Kevin to learn more about why its customers, and investors, are interested in its technology.

Technical Review 213

Technical Review Software Review Networking Technology 213

socalTECH

DECEMBER 7, 2016

Barry Lieberman: My backgruond is about 35 years in technology, business development, and sales and marketing. I built my own company around marketing services, and have been around business development, marketing, custom service, and sales, and also on the consumer side of technology, a little bit a mix of the two. All are separate.

Tech Coast Angels 100

Tech Coast Angels CTO Coach Startup Pasadena Angels 100

Startup Professionals Musings

JUNE 10, 2011

Describe your technology patents and “secret sauce”. Competition and sustainable advantage. List and position your competition, or alternatives available to the customer. Highlight your sustainable competitive advantages, and barriers to entry. Marketing, sales, and partners. Funding requirements and use of funds.

Slides 93

Slides Competition Sample Sales 93

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 They only want a quick overview of the product, not detailed features and patent secrets. I don’t have a business plan, but the technology is disruptive.”

Technical Review 124

Technical Review Statistics Startup Social Media 124

Startup Professionals Musings

SEPTEMBER 2, 2018

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Services 72

Services Startup Training Writing 72

Startup Professionals Musings

JULY 27, 2018

Unfortunately, customers look for value in solving their problem, and new technologies alone scare them, so these solutions don’t get bought by customers, or funded. Potential investors love to see gross margins in the fifty percent range or greater, with recurring revenue through subscriptions, follow-on sales, or services.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

APRIL 30, 2012

This is the origin of the “solution looking for a problem” and “if we build it, they will come” syndromes, which result in surprise and frustration waiting for funding, and waiting for customers that don’t materialize. Form a basis for making better decisions. No strategy leads to no decisions or poor decisions. Intellectual property (IP).

Startup 99

Startup Competition IP Patents 99

Startup Professionals Musings

MAY 19, 2010

Describe your technology patents and “secret sauce”. Competition and sustainable advantage. List and position your competition, or alternatives available to the customer. Highlight your sustainable competitive advantages, and barriers to entry. Marketing, sales, and partners. Funding requirements and use of funds.

Slides 94

Slides Competition Sample Sales 94

Xconomy

JUNE 3, 2016

Merck also saw some expected fruits of its 2014 big-ticket acquisition of Cubist Pharmaceuticals wither away this week, as the Supreme Court wouldn’t reverse a decision that shaved years off the patent life of the top-selling antibiotic daptomyicin (Cubicin). ” The project leaders are seeking $100 million in funding.

San Diego 62

San Diego Patents Acquisition News 62

Startup Professionals Musings

NOVEMBER 26, 2012

Two founders have spent $200K of personal and family funds over a one year period to start the company, get a prototype site up and running, and have already generated some “buzz” in the Internet community. The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage.

Startup 108

Startup Invest Patents Outsource Development 108

Startup Professionals Musings

AUGUST 18, 2014

It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. Opportunity segmentation and competitive environment. Executives, marketing & sales, financial projections, and funding.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

JUNE 27, 2014

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Services 105

Services Startup Training Writing 105

SoCal CTO

SEPTEMBER 20, 2011

You’ll learn about competitive products that exist or are being built. You’ll refine your sales and investor pitch. I might also be concerned about taking my idea directly to a large, well funded competitor who is know for innovation. You’ll discover flaws and hopefully correct them. False Confidence.

Startup 211

Startup IP Ideas Patents 211

SoCal CTO

SEPTEMBER 20, 2011

You’ll learn about competitive products that exist or are being built. You’ll refine your sales and investor pitch. I might also be concerned about taking my idea directly to a large, well funded competitor who is know for innovation. You’ll discover flaws and hopefully correct them. False Confidence.

Startup 198

Startup IP Ideas Patents 198

Startup Professionals Musings

NOVEMBER 9, 2010

This is the origin of the “ solution looking for a problem ” and “ if we build it, they will come ” syndromes, which result in surprise and frustration waiting for funding, and waiting for customers that don’t materialize. To form a basis for making better decisions. No strategy leads to no decisions or poor decisions.

Startup 92

Startup Competition IP Patents 92

Startup Professionals Musings

AUGUST 17, 2016

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Services 61

Services Startup Training Writing 61

Startup Professionals Musings

MAY 8, 2016

It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. Opportunity segmentation and competitive environment. Executives, marketing & sales, financial projections, and funding.

Product 55

Product Startup Summary Entrepreneur 55

Startup Professionals Musings

APRIL 29, 2015

Find out if something very similar is already selling, and who your competition would be if you proceed. File at least a provisional patent and one or more trademarks. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Now get real (cook it).

Ideas 104

Ideas Mentor Resource Entrepreneur 104

Startup Professionals Musings

JULY 31, 2017

A strong work ethic is great, but patents and intellectual property are critical. Just because Google sales hit $1.5 Do you have a model to predict funding requirements? Without adequate funding and people to support your efforts, you will be faced with trade-offs that lead to cash flow problems and a burned-out team.

Metrics 58

Metrics Resource Startup Training 58

Startup Professionals Musings

MARCH 18, 2016

If you have a proven business model with some sales, it’s credible to apply a multiplier of five to 10 times this number for the first element of valuation. Patents filed, even provisional, as well as trademarks, copyrights and trade secrets count as barriers to entry and sustainable competitive advantages.

Startup 71

Startup Patents Invest Blogging 71

Startup Professionals Musings

APRIL 26, 2021

As a long-time advisor to entrepreneurs and occasional angel investor, I often see and hear innovative product pitches that sound exciting, but are missing one or more of the key business elements that investors deem critical for funding consideration. Patents are a good place for you to start.

Funding 132

Funding Template Resource Competition 132

SoCal CTO

JUNE 9, 2010

He’d been working at a well-funded startup for about a year and had come to terms with the fact that the startup was really a pretty dumb idea. Why Lawyers Don’t Run Startups - Steve Blank , May 27, 2010 Startups need to have a great lawyer, accountant, patent attorney, etc. I Be specific. It's a great talk. they released a new 2.0

Startup 248

Startup Venture Capital Conference Social Media 248

Startup Professionals Musings

SEPTEMBER 6, 2010

Two founders have spent $200K of personal and family funds over a one year period to start the company, get a prototype site up and running, and have already generated some “buzz” in the Internet community. The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage.

Startup 93

Startup Patents Outsource Development Web 93

Startup Professionals Musings

MARCH 22, 2014

Find out if something very similar is already selling, and who your competition would be if you proceed. File at least a provisional patent and one or more trademarks. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Now get real (cook it).

Ideas 107

Ideas Mentor Entrepreneur Resource 107

Startup Professionals Musings

NOVEMBER 17, 2017

Find out if something very similar is already selling, and who your competition would be if you proceed. File at least a provisional patent and one or more trademarks. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Now get real (cook it).

Ideas 56

Ideas Mentor Resource Product 56

Both Sides of the Table

OCTOBER 19, 2009

After my company was acquired by Salesforce.com I was asked to stop blogging and they took over my blog as an asset in the sale of the company. I had intended to talk about how bad the process could become, not to name-and-shame anybody (and The Funded was not yet around). Page 3: Competition. My blog was wiped out.

Venture Capital 274

Venture Capital Blogging Startup Slides 274

Startup Professionals Musings

JUNE 15, 2010

Have you patented it? How will you generate awareness and close sales? How will the inevitable changes in markets, consumer behaviors, and competitive offerings affect outcomes? As you work your way through your plan, watch out for the common mistakes described in our article, Why Business Plans Don’t Get Funded.

Startup 91

Startup Oracle Entrepreneur Ideas 91

Startup Professionals Musings

JUNE 26, 2020

A business plan is the outward facing definition of the business you hope to drive with your hardware solution, with a hardware overview in the intro to highlight customer value and competitiveness. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” and trademarks.

Product 169

Product Summary Startup Examples 169