Startup Professionals Musings

JUNE 25, 2021

Find out if something very similar is already selling, and who your competition would be if you proceed. Ask some potential customers to see if there is real interest, and start thinking about price versus cost. File at least a provisional patent and one or more trademarks. Look hard at the technology for feasibility and risk.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

APRIL 18, 2015

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. Easier access to international markets is creating limitless sales opportunities on a worldwide basis.

Patents 106

Patents Startup Offshore Demand 106

Startup Professionals Musings

SEPTEMBER 28, 2015

Long-term value propositions to society, or paradigm shifts in technology, generate interest but don’t close sales in the time frame your startup needs to survive and prosper. Sustainable competitive advantage. Validated pricing and a sufficient revenue stream. Smart startups have these in place early.

Pricing 100

Pricing Technical Review Entrepreneur Startup 100

socalTECH

OCTOBER 14, 2013

There''s been a revolution in the last few years with the dropping price and increasing accessibility of 3D printers--those devices which let you print practically anything using just your own personal computer, 3D software, and a special printer. What''s your competitive advantage against others in the headset/accessories market?

Startup 241

Startup Slides Orange County Design 241

Startup Professionals Musings

NOVEMBER 8, 2017

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process really exists, so you need to apply in every relevant country. Easier access to international markets is creating limitless sales opportunities on a worldwide basis.

Marketing 54

Marketing Patents Offshore Startup 54

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

NOVEMBER 21, 2013

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. Easier access to international markets is creating limitless sales opportunities on a worldwide basis.

Entrepreneur 97

Entrepreneur Patents Startup Offshore 97

Startup Professionals Musings

OCTOBER 13, 2012

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. Easier access to international markets is creating limitless sales opportunities on a worldwide basis.

Marketing 104

Marketing Startup Patents Offshore 104

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

AUGUST 20, 2011

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. Easier access to international markets is creating limitless sales opportunities on a worldwide basis.

Entrepreneur 103

Entrepreneur Patents Offshore Startup 103

Startup Professionals Musings

JULY 27, 2018

Business model showing costs, pricing, and margins. Potential investors love to see gross margins in the fifty percent range or greater, with recurring revenue through subscriptions, follow-on sales, or services. Intellectual property and sustainable competitive advantage. Solo entrepreneurs have a hard time finding an investor.

Product 58

Product Slides Entrepreneur Invest 58

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

socalTECH

SEPTEMBER 13, 2011

Every price comparison out there, whether that's Google Products, Bizrate, or other sites, can find books, but you can only do it one at a time. Jonathan Simkin: I was actually in high school when I decided I'd either start a company when I graduated, or go into patent law. Jonathan Simkin: Certainly, it is extremely competitive.

UCSD 185

UCSD Course Startup Sites 185

socalTECH

JUNE 23, 2009

Mike Neshat: We were just at Computex in Taiwan, and our pricing is definitely, significantly lower than front end modules, and even lower in cost than how you'd do this traditionally. In terms of pricing, no one can compete. We can also sell it aggressively, at a decent price, and make a health profit margin.

Patents 100

Patents Sample Technical Review Pricing 100

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 drug has a list price of $69,350 per patient, per year.

San Diego 62

San Diego Patents Acquisition News 62

Startup Professionals Musings

JULY 5, 2010

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. Easier access to international markets is creating limitless sales opportunities on a worldwide basis.

Startup 89

Startup Patents Offshore Demand 89

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

APRIL 29, 2015

Find out if something very similar is already selling, and who your competition would be if you proceed. Ask some potential customers to see if there is real interest, and start thinking about price versus cost. File at least a provisional patent and one or more trademarks. Look hard at the technology for feasibility and risk.

Ideas 104

Ideas Mentor Resource Entrepreneur 104

Startup Professionals Musings

MARCH 22, 2014

Find out if something very similar is already selling, and who your competition would be if you proceed. Ask some potential customers to see if there is real interest, and start thinking about price versus cost. File at least a provisional patent and one or more trademarks. Look hard at the technology for feasibility and risk.

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. Ask some potential customers to see if there is real interest, and start thinking about price versus cost. File at least a provisional patent and one or more trademarks. Look hard at the technology for feasibility and risk.

Ideas 56

Ideas Mentor Resource Product 56

Startup Professionals Musings

MARCH 18, 2016

It’s like trying to sell a home still being built at next year’s dream market price. 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. Equally bad is professing no valuation estimate at all, asking investors to “make me an offer.”

Startup 71

Startup Patents Invest Blogging 71

Startup Professionals Musings

JUNE 15, 2010

How will you price it and position it in the market? 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? How does it work, and how does it solve the problem? What are the features and benefits?

Startup 91

Startup Oracle Entrepreneur Ideas 91

socalTECH

JUNE 25, 2009

For example, we support promotions for Sony movies, a combination of database and telecom work for interactive TV shows like the Price is Right, Deal or No Deal, the Game Show Network, and I'm A Celebrity Get Me Out Of Here. We've got patents on technology that helps save bandwidth utilized for VoIP calls and particularly for video.

IP 165

IP Pasadena Angels Pasadena Los Angeles 165

Tech.Co

MARCH 1, 2018

Think of looking at a dot graph of your business sales in virtual reality. Price: $1.99 Tapping into a niche community is part of Quirktastic Media’s competitive advantage. Their patented design also has the optional Wi-Fi access point so it’s always attached to your network and helps manage battery life of the lock.

Startup 80

Startup Mentor Platform Help 80