Remove Competition Remove Invest Remove Patents Remove Presentation
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10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

Either of these qualms can ultimately sidetrack your startup as not worthy of investment, so it pays to do your homework on what you say and how to communicate effectively. This is also the place to first mention patents and any other differentiators that put you ahead of competition.

Invest 108
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Ten Slides Make a Killer Investor Presentation

Startup Professionals Musings

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! Every startup needs both a business plan and an investor presentation, completed before you formally approach any investors.

Slides 94
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8 New Venture Smarts That You Can’t Afford To Ignore

Startup Professionals Musings

A while back I received a discouraging note from an entrepreneur with a patent and a medical software application who couldn’t find a dime of investment, and was grousing that seed funding just wasn’t available anymore. I’ve asked this question many times of presenters in Angel meetings, and often get a blank look.

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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

He presented the idea at the TED conference in the mid 90′s and was literally boo’d while he was on stage. Funny story, after Bill presented at TED (back when Amazon was still a small company) Jeff Bezos was in the audience. We talked about patents. All of that are in this week’s episode of This Week in VC.

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Every New Venture Needs A Product And A Business Plan

Startup Professionals Musings

The customer pain point must be defined before the solution is presented, so it doesn’t look like you have a solution looking for a problem. Opportunity segmentation and competitive environment. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks.

Product 112
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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. Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Is there an educated marketplace waiting?

Startup 96
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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

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