Startup Professionals Musings

JANUARY 27, 2020

In that critical first minute, no one needs to hear that you have a passionate dream of changing the world, introducing new disruptive technology, or a product with more features than competitors. Focus on quantifiable and relevant specifics, such as “reduces your cost by 40 percent,” or “increases productivity by 50 percent.”

Sample 127

Sample Summary Startup Slides 127

Startup Professionals Musings

JANUARY 26, 2012

The elevator pitch should be the first few paragraphs of your business plan, your executive summary, your investor presentation, and the first page of your web site. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. Unlike [competition], we [differentiation].”

Startup 113

Startup Patents Template Competition 113

Startup Professionals Musings

NOVEMBER 8, 2015

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I Investors are buying part of the business, not the product or service. Too much detail at first contact is just as much of a turnoff as no information.

Technical Review 109

Technical Review Entrepreneur Startup Statistics 109

Startup Professionals Musings

SEPTEMBER 24, 2014

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I Investors are buying part of the business, not the product or service. Too much detail at first contact is just as much of a turnoff as no information.

Entrepreneur 119

Entrepreneur Technical Review Statistics Startup 119

Startup Professionals Musings

FEBRUARY 13, 2016

As a startup advisor and investor, I recommend a pitch deck with about 10 slides backed up with a written business plan of approximately 20 pages, both containing quantified answers to the following key questions. This is also the place to first mention patents and any other differentiators that put you ahead of competition.

Invest 108

Invest Startup Slides Equity 108

Startup Professionals Musings

MARCH 5, 2018

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I Investors are buying part of the business, not the product or service. Too much detail at first contact is just as much of a turnoff as no information.

Funding 62

Funding Technical Review Entrepreneur Startup 62

Startup Professionals Musings

AUGUST 27, 2012

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! Solution product & technology. Make sure to communicate the relevance of your product / services to market needs.

Slides 99

Slides Competition Sample Sales 99

Startup Professionals Musings

SEPTEMBER 10, 2010

The elevator pitch should be the first few paragraphs of your business plan, your executive summary, your investor presentation, and the first page of your web site. Here are a few thoughts to help you get started: What is your product or service? Briefly discuss who you are selling the product or service to. Who is your market?

Startup 93

Startup Competition Summary Patents 93

Startup Professionals Musings

MAY 19, 2010

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! Solution product & technology. Make sure to communicate the relevance of your product / services to market needs.

Slides 94

Slides Competition Sample Sales 94

Both Sides of the Table

OCTOBER 19, 2009

There was no viral social networking products back then like Twitter where people could easily discover your content. We started building the product 18 months ago so we are in better shape than 99% of start-ups. Page 1: Market Size. $3 I hadn’t thought about the fact that he would become aware of my link. I was wrong.

Venture Capital 274

Venture Capital Blogging Startup Slides 274

Startup Professionals Musings

NOVEMBER 5, 2018

Rather than leave your customer focus at the delivery stage, and technology in the front, customer needs and expectations must be the beginning of your journey via requirements, and remembered all along the way in times of crisis and confusion, competition, growth, failure, and success.

Technical Advisors 82

Technical Advisors Artificial Inteligence Customer Custom 82

Startup Professionals Musings

JUNE 10, 2011

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! Solution product & technology. Make sure to communicate the relevance of your product / services to market needs.

Slides 93

Slides Competition Sample Sales 93

Both Sides of the Table

MARCH 11, 2011

The idea actually came to him from the Yellow Pages business. He took out an ad in the Yellow Pages (it was the early 80′s, pre Internet), which cost him $1,000 / month for a half-page ad. So the Yellow Page business was always “pay for placement.&#. If it worked in the Yellow Pages, why not on the Internet?

Competition 350

Competition Idealab Product CitySearch 350

Startup Professionals Musings

DECEMBER 24, 2012

File a patent and trademarks to show real intellectual property. Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Build a prototype product. Define some intellectual property. Free trials don’t count.

Angel 104

Angel Screening Summary Startup 104

Startup Professionals Musings

NOVEMBER 4, 2011

File a patent and trademarks to show real intellectual property. Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Build a prototype product. Define some intellectual property. Free trials don’t count.

Invest 99

Invest Angel Technical Review Summary 99

Startup Professionals Musings

SEPTEMBER 23, 2010

File a patent and trademarks to show real intellectual property. Having a defensible competitive advantage or “barrier to entry” is another critical step to funding, and another common stumbling block during all phases of the funding process. Build a prototype product. Define some intellectual property. Free trials don’t count.

Angel 89

Angel Funding Technical Review Startup 89

Startup Professionals Musings

JUNE 26, 2020

For the rest of us, we need a business plan, as well as a product plan. Some of you may be convinced that your product specification communicates the product message even better than a business plan, so why be redundant? Professional investors and even customers invest in people, rather than just a product.

Product 169

Product Summary Startup Examples 169

Frank Addante

OCTOBER 19, 2006

Under Process, Over Deliver So, you need to develop a product? ▼ 2006 (20) ► December (2) Just Say What it Is 12 Proven Guidelines for Rapid Product Development. They are afraid of their competition finding out about the idea, a bigger company trying to steal it or some other entrepreneur doing it first.

Startup 40

Startup Ideas Venture Capital Competition 40

SoCal Delicious

MARCH 1, 2010

If you look at Google in the way they operate, you have two products, one is called AdWords, one is called AdSense, okay? Because its just not that hyper-competitive, Im-hiring-all-your-staff, because-Im-Google environment. Be extra productive. You dont have the same levels of fast turnover as a starting point, right?

Los Angeles 50

Los Angeles Company Companies Angel 50

socalTECH

FEBRUARY 22, 2010

We've also had great advances in engaging the trust of the commercial community, with patented advances like automatic scoring of our algorithms, which predicts the quality of translations based on a one-through-five scale. If you ship your product in 20 languages, it's pretty important to be able to answer customer requests in 20 languages.

Software Review 145

Software Review USC Content Tech Coast Angels 145