Startup Professionals Musings

OCTOBER 15, 2022

Of course, previous successes provide more direct evidence of a network of the right people. Registered patents and other intellectual property. From an investor perspective, understanding and acting early to establish a sustainable competitive advantage, and barrier to entry, is the best assurance of a financial return.

Entrepreneur 111

Entrepreneur Social Media Patents Mentor 111

Startup Professionals Musings

JANUARY 11, 2019

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

IP 93

IP Invest Patents Social Media 93

Startup Professionals Musings

MAY 28, 2010

One of the toughest and yet most important questions you will be asked by savvy potential investors is “What is your sustainable competitive advantage?” Yet many entrepreneurs, maybe in their passion for their new product, gloss over this one, or even announce that they have no competition. Lock on the market or customer base.

Competition 49

Competition Tips Patents Startup 49

Startup Professionals Musings

MARCH 2, 2020

His challenge is to focus on one market, with a specific design, cost, and price. Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. Build your own personal brand image through blogging, industry forums, and networking. Yes, there are a lot of bridges to cross.

Ideas 126

Ideas Writing Examples Outsource 126

Startup Professionals Musings

JANUARY 13, 2020

Of course, previous successes provide more direct evidence of a network of the right people. Registered patents and other intellectual property. From an investor perspective, understanding and acting early to establish a sustainable competitive advantage, and barrier to entry, is the best assurance of a financial return.

Entrepreneur 126

Entrepreneur Social Media Patents Mentor 126

Startup Professionals Musings

JANUARY 4, 2017

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

Startup 69

Startup Patents IP Social Media 69

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. Attend trade shows and network to find the right players and pitch your product. Now get real (cook it). Look hard at the technology for feasibility and risk.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

JANUARY 27, 2020

Lead with your best marketing pitch and conviction. Of course, it’s always good to speak with conviction, but marketing terms such as “improved productivity” or “lower cost” won’t make your offering memorable. 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

MAY 18, 2013

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Your solution fills a real market need. Love that sustainable competitive advantage. Reserve the same names on the leading social networks and blogs.

Startup 100

Startup Patents Competition Social Network 100

Startup Professionals Musings

DECEMBER 9, 2018

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Ideas have to be implemented well to change a market, or the world. Make your business model your competitive differentiation, like Fred Smith with Federal Express, or Ingvar Kamprad with IKEA.

Guide 95

Guide Startup Ideas Entrepreneur 95

Startup Professionals Musings

SEPTEMBER 14, 2013

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

Startup 103

Startup Patents IP Social Media 103

Startup Professionals Musings

JANUARY 26, 2012

Use it in every networking situation and business conference introduction. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. I need your help in getting it to market.” Unlike [competition], we [differentiation].” Quantify the market. About 150-225 words.

Startup 113

Startup Patents Template Competition 113

socalTECH

JULY 31, 2013

One of the companies that has recently is On Ramp Wireless (www.onrampwireless.com), a San Diego company in the M2M market headed by Kevin Hell. Our initial target is with utilities, with oil and gas next, and lots of other markets which are getting traction. We also provide extremely long battery life.

Technical Review 213

Technical Review Software Review Networking Technology 213

Startup Professionals Musings

APRIL 29, 2012

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Your solution fills a real market need. Love that sustainable competitive advantage. Reserve the same names on the leading social networks and blogs.

Entrepreneur 102

Entrepreneur Patents Startup Ideas 102

Startup Professionals Musings

MARCH 20, 2012

The honest answer is that ideas and new technologies are worth nothing, outside the context of a specific entrepreneur and a specific business plan that meets a market need for a fair price. Business innovation is taking that technology and successfully bringing it to market in a way people want. Can it even be commercialized?

Patents 95

Patents Journal Ideas Competition 95

socalTECH

APRIL 29, 2014

A number of teams have recently been looking to turn that vision into reality, as a result of the Qualcomm Tricorder Prize , a $10M competition being run by the X Prize Foundation to create a real life Tricorder. That''s essentially how the Tricoder competition was formed--it''s time for this to happen. Mann implantable device area.

Startup 262

Startup Competition Software Review UCLA 262

Startup Professionals Musings

NOVEMBER 5, 2016

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Ideas have to be implemented well to change a market, or the world. Make your business model your competitive differentiation, like Fred Smith with Federal Express, or Ingvar Kamprad with IKEA.

Startup 103

Startup Ideas Entrepreneur Competition 103

socalTECH

FEBRUARY 9, 2010

Binary Pulse Technology Marketing (www.binarypulse.com). Middle Market Investment Banking. www.pitchtheangels.com) Join Tech Coast Angels members and other start up investors at the 5th Annual Los Angeles Fast Pitch Competition. Fast Pitch Los Angeles is one of the best start up networking events of the year.

Southern California 113

Southern California Tech Coast Angels IP Orange County 113

Startup Professionals Musings

JANUARY 11, 2011

The honest answer is that ideas and new technologies are worth nothing, outside the context of a specific business plan that meets a market need for a fair price. Business innovation is taking that technology and successfully bringing it to market in a way people want. Is it competitive to the current alternatives?

Technology 95

Technology Patents Journal Ideas 95

Startup Professionals Musings

NOVEMBER 27, 2017

In my role as an angel investor in startups, almost every pitch I see highlights some real innovation in technology, business model, or market opportunity. You may attract early adopters, who love everything new, but the mainstream market will be elusive. Create an entirely new market space or new category.

Netflix 54

Netflix Social Media Competition Custom 54

Startup Professionals Musings

MAY 3, 2011

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Copyrights.

Social Media 94

Social Media Media Patents IP 94

Startup Professionals Musings

NOVEMBER 12, 2010

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Your solution fills a real market need. Love that sustainable competitive advantage. Reserve the same names on the leading social networks and blogs.

Startup 88

Startup Patents Competition Social Network 88

Startup Professionals Musings

JULY 31, 2015

Rely on marketing content and emotion vs. facts. For example, “I have patented a new LCD with double the intensity at half the cost, already proven locally, and I just need resources to scale for this market.” Your second sentence should acknowledge competition, but highlight your added value.

Startup 104

Startup Summary Patents Examples 104

Startup Professionals Musings

DECEMBER 6, 2014

Of course, previous successes provide more direct evidence of a network of the right people. Registered patents and other intellectual property. From an investor perspective, understanding and acting early to establish a sustainable competitive advantage, and barrier to entry, is the best assurance of a financial return.

Entrepreneur 107

Entrepreneur Angel Social Media Patents 107

Startup Professionals Musings

MARCH 2, 2013

But make no mistake about it, this is a tough and oversaturated market to enter at this stage. Here are six key reasons, from a business perspective: Direct competition is huge. It’s hard to invent and patent more “scientific” methods on how to match people. Social networks. The trend is to more mobile and niche markets.

Sites 86

Sites Social Network Networking Patents 86

Startup Professionals Musings

MAY 26, 2011

But make no mistake about it, this is a tough and oversaturated market to enter at this stage. Here are six key reasons, from a business perspective: Direct competition is huge. No longer a growth market. It’s hard to invent and patent more “scientific” methods on how to match people. Social networks.

Sites 91

Sites Social Network Competition Patents 91

Startup Professionals Musings

APRIL 2, 2013

The hot term these days is “viral marketing”, meaning we won’t do any marketing, but our product is so great that everyone will know about us anyway by word of mouth and through Internet social networks. Investors like laser focus on a market-need causing real pain. It’s the market, stupid.” Me, myself, and I.”

Entrepreneur 111

Entrepreneur Startup Social Network IBM 111

Startup Professionals Musings

MARCH 14, 2013

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Ideas have to be implemented well to change a market, or the world. Make your business model your competitive differentiation, like Fred Smith with Federal Express, or Ingvar Kamprad with IKEA.

Startup 105

Startup Ideas Entrepreneur Competition 105

socalTECH

SEPTEMBER 24, 2014

Ali Khoshgozaran: Before we started the company, me and my partner had participated in the USC Viterbi startup competition. About 100 teams participated in that competition, and 10 teams were selected to be part of USC''s Viterbi Startup Garage program. Markets now, including Los Angeles, San Francisco, New York, and Las Vegas.

USC 236

USC Southern California Organization UCLA 236

Startup Professionals Musings

SEPTEMBER 10, 2010

Use it in every networking situation and business conference introduction. Who is your market? How large of a market do they represent? Who is your competition? Successful competition is a positive - they are proof your business model and/or concept work. What is your competitive advantage? Don't have any?

Startup 93

Startup Competition Summary Patents 93

Startup Professionals Musings

APRIL 28, 2013

Market and opportunity risk. There is always less risk with a well-defined problem in a large and growing market. All the people in China is a large and growing market, but all the people with cancer is much more well-defined. Competitive risk. Market entry strategy risk. Political and economic risk.

Startup 104

Startup Examples Entrepreneur Social Network 104

socalTECH

MARCH 31, 2014

That data--if you could just find the right piece--could be useful in a number of areas, particularly in the financial markets. Whether that''s for competitive analysis or market analysis, our product is basically able to monitor--on a very large scale--things that are important to your particular company.

Orange County 245

Orange County Startup News IBM 245

socalTECH

NOVEMBER 19, 2018

How is this different from a typical content delivery network (CDN)? These large mobile carriers have audiences, but something they dont have content services to attract and retain subscribers to a mobile network. For the first three years, it was all about research and development, building IP and patents and so forth.

Content 113

Content Startup Mobile Platform 113

Startup Professionals Musings

MARCH 25, 2012

Market and opportunity risk. There is always less risk with a well-defined problem in a large and growing market. All the people in China is a large and growing market, but all the people with cancer is much more well-defined. Competitive risk. Market entry strategy risk. Political and economic risk.

Entrepreneur 108

Entrepreneur Examples Social Network Marketing 108

Startup Professionals Musings

FEBRUARY 24, 2012

It’s the market, stupid.” There is no substitute for understanding the market, and sizing the opportunity, before you climb out on a limb. “If In most cases, viral marketing only begins to work after you prime the pump with several million in real marketing over a couple of years. If we build it, they will come.”

Startup 95

Startup Social Network IBM IBM 95

Startup Professionals Musings

JANUARY 30, 2012

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Ideas have to be implemented well to change a market, or the world. Make your business model your competitive differentiation, like Fred Smith with Federal Express, or Ingvar Kamprad with IKEA.

Entrepreneur 94

Entrepreneur Startup Ideas Competition 94

Startup Professionals Musings

JANUARY 24, 2011

The hot term these days is “viral marketing”, meaning we won’t do any marketing, but our product is so great that everyone will know about us anyway by word of mouth and through Internet social networks. Investors like laser focus on a market-need causing real pain. It’s the market, stupid.” Me, myself, and I.”

Startup 98

Startup Social Network IBM IBM 98