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Investors Look for These Six Competitive Elements

Startup Professionals Musings

One of the toughest and yet most important questions you will be asked by savvy potential startup investors is “What is your sustainable competitive advantage?” Yet many entrepreneurs, maybe in their passion for their new product, gloss over this one, or even announce that they have no competition. Strong focus and differentiation.

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6 Key Drivers To a Long-Term Competitive Advantage

Startup Professionals Musings

One of the toughest and yet most important questions you will be asked by savvy potential startup investors is “What is your sustainable competitive advantage?” Yet many entrepreneurs, maybe in their passion for their new product, gloss over this one, or even announce that they have no competition. Strong focus and differentiation.

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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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6 Reasons Starting Another Dating Site May Be Tough

Startup Professionals Musings

Here are six key reasons, from a business perspective: Direct competition is huge. So sites have to invest heavily in viral marketing to achieve critical mass, which competes with current social networks, while users expect to join both for free. It’s hard to invent and patent more “scientific” methods on how to match people.

Sites 134
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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.

Coach 144
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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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Six Tips to a Sustainable Competitive Advantage

Startup Professionals Musings

One of the toughest and yet most important questions you will be asked by savvy potential investors is “What is your sustainable competitive advantage?” Yet many entrepreneurs, maybe in their passion for their new product, gloss over this one, or even announce that they have no competition. Proven team with inside relationships.