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8 Key Startup Drivers Bring Pleasure As Well As Sweat

Startup Professionals Musings

Love that sustainable competitive advantage. Working on that unique design, or completing the breakthrough for an innovative patent, are moments of inspiration that you will never forget, especially if they become your competitive edge. Incorporate, register your domain name, trademarks, and copyrights, then patent if possible.

Startup 160
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10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Accountability.

Coach 137
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10 Steps To A New Venture That Can Change The World

Startup Professionals Musings

The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Accountability.

Metrics 144
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8 Attributes Of Entrepreneurs Who Transform Society

Startup Professionals Musings

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. Nearly all new businesses aspiring to reach meaningful scale require some sort of outside funding to finance a competitive growth trajectory.

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8 Potential Entrepreneur Assists From Your Alma Mater

Startup Professionals Musings

Most universities have a file of patents from project work that they are willing to license to any entrepreneur for business commercialization, with little or no cost up front. They have connections to industry associations and entrepreneur organizations that can kick-start your networking efforts, both locally and globally.

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8 Inspirational Insights For Those Chasing Your Dream

Startup Professionals Musings

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. Nearly all new businesses aspiring to reach meaningful scale require some sort of outside funding to finance a competitive growth trajectory.

Startup 171
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7 Indications Of Your Ability To Get Business Results

Startup Professionals Musings

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.