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8 Potential Entrepreneur Assists From Your Alma Mater

Startup Professionals Musings

Visit the university library for access to otherwise costly business reports. 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. Access to intellectual property and current research.

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Masimo Settles Lawsuit

socalTECH

Irvine-based Masimo , a developer of medical pulse oximetry systems, reported today that it has settled a lawsuit with Hygia Health Services, which reprocesses used medical equipment. Tags: masimo medical device pulse oximetry hygia legal lawsuit patent. Terms of the settlement were confidential.

Patents 133
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10 Business Model Components Required In Every Plan

Startup Professionals Musings

Test your projections against actual published reports from similar companies. Competition. Investors look for a sustainable competitive advantage, like a patent. New entrepreneurs tend to focus only on product direct costs, and underestimate marketing and sales costs, overhead costs, and support costs.

Sales 102
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8 Ways Your Old School Can Energize Your New Venture

Startup Professionals Musings

Visit the university library for access to otherwise costly business reports. 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. Access to intellectual property and current research.

Class 124
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10 Quotes You Should Never Use Around A Business Plan

Startup Professionals Musings

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 They only want a quick overview of the product, not detailed features and patent secrets. I don’t have a business plan, but the technology is disruptive.”

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Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. If so, be aware of the issue of how you can and do verify the licensee’s report of usage. How do I appraise my intellectual property to estimate royalty rates?

IP 136
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Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. If so, be aware of the issue of how you can and do verify the licensee’s report of usage. How do I appraise my intellectual property to estimate royalty rates?

IP 120