Startup Professionals Musings

JUNE 19, 2023

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.

Entrepreneur 101

Entrepreneur Startup Ideas Competition 101

Startup Professionals Musings

APRIL 29, 2023

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. Are you ready to make it happen?

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

SEPTEMBER 26, 2020

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

Startup Ideas Entrepreneur Competition 171

Startup Professionals Musings

AUGUST 2, 2015

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Startup 118

Startup Competition Patents Resource 118

Startup Professionals Musings

AUGUST 3, 2020

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. Are you ready to make it happen?

Startup 174

Startup Training Services Writing 174

Berkonomics

MARCH 14, 2019

Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. And fifth: Competitive risk. .

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

JUNE 25, 2014

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

FEBRUARY 12, 2023

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. First-to-market’ is not a sustainable competitive advantage for startups, since sleeping giants do wake up when they see traction, and they can smash newcomers quickly.

Startup 124

Startup Writing Entrepreneur Ideas 124

Startup Professionals Musings

JUNE 25, 2021

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed the classic book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

JANUARY 27, 2018

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Competition 51

Competition Patents Resource Entrepreneur 51

Startup Professionals Musings

MAY 17, 2020

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. First-to-market’ is not a sustainable competitive advantage for startups, since sleeping giants do wake up when they see traction, and they can smash newcomers quickly.

Startup 174

Startup Writing Entrepreneur Ideas 174

Berkonomics

MARCH 15, 2012

Any new enterprise is at risk if there are not enough resources to get the company to breakeven, which is a proxy for stability. And fifth: Competitive risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

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. I have tried to convince him the general idea alone does not make a business. Yes, there are a lot of bridges to cross.

Ideas 126

Ideas Writing Examples Outsource 126

Startup Professionals Musings

FEBRUARY 10, 2012

One of the most important questions you will be asked by potential investors is how your solutions beats the competition, not just today, but over the three to five year life of their investment. The concept is called “sustainable competitive advantage.” Our patent will protect us.” We all recognize that there are no guarantees.

Patents 90

Patents Competition IBM IBM 90

Startup Professionals Musings

DECEMBER 9, 2018

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.

Guide 95

Guide Startup Ideas Entrepreneur 95

Startup Professionals Musings

NOVEMBER 5, 2016

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 103

Startup Ideas Entrepreneur Competition 103

Startup Professionals Musings

SEPTEMBER 28, 2015

As a startup founder, you won’t have the marketing resources or brand recognition to appeal to all consumers. Sustainable competitive advantage. Thus, it needs an advantage to rise above the crowd, such as a patent and trademarks, unique market positioning or support from industry partners. A focus on a specific market segment.

Pricing 100

Pricing Technical Review Entrepreneur Startup 100

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. It was announced in the 90''s.

Startup 262

Startup Competition Software Review UCLA 262

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. Are you ready to make it happen?

Services 72

Services Startup Training Writing 72

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. Are you ready to make it happen?

Services 105

Services Startup Training Writing 105

Startup Professionals Musings

APRIL 29, 2015

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed a recent book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks.

Ideas 104

Ideas Mentor Resource Entrepreneur 104

Startup Professionals Musings

MARCH 14, 2013

According to a recent MIT study , 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 105

Startup Ideas Entrepreneur Competition 105

Startup Professionals Musings

MARCH 22, 2014

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed a recent book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks.

Ideas 107

Ideas Mentor Entrepreneur Resource 107

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. Are you ready to make it happen?

Services 61

Services Startup Training Writing 61

Startup Professionals Musings

NOVEMBER 17, 2017

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed a classic book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks.

Ideas 56

Ideas Mentor Resource Product 56

Startup Professionals Musings

APRIL 1, 2015

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. First-to-market’ is not a sustainable competitive advantage for startups, since sleeping giants do wake up when they see traction, and they can smash newcomers quickly.

Startup 105

Startup Entrepreneur Writing Ideas 105

Startup Professionals Musings

JANUARY 30, 2012

According to a recent MIT study , 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.

Entrepreneur 94

Entrepreneur Startup Ideas Competition 94

Startup Professionals Musings

JULY 27, 2018

Business model showing costs, pricing, and margins. Intellectual property and sustainable competitive advantage. Patents, trade secrets, and trademarks are very attractive to investors, since these are not easily overcome by competitors. First to market” is not sustainable with normal startup resources.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

APRIL 3, 2016

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. First-to-market’ is not a sustainable competitive advantage for startups, since sleeping giants do wake up when they see traction, and they can smash newcomers quickly.

Startup 57

Startup Entrepreneur Writing Ideas 57

Frank Addante

MAY 15, 2006

I am extremely passionate about what we accomplished at L90 in a short period of time with very little resources. Patent Lawsuit 6. They had products that were already in the market, piles of cash, tons of customers and revenue, seemingly endless resources and lots of employees. Bootstrap 2. 7th Horse in a 7 Horse Race 3.

Advertising 40

Advertising Startup Chief Technology Officer Technical Review 40