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8 Key Startup Drivers Bring Pleasure As Well As Sweat

Startup Professionals Musings

Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat. You have figured out how to undercut your competitor’s price, and still hold your margin. Incorporate, register your domain name, trademarks, and copyrights, then patent if possible.

Startup 160
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What Do Boards Actually Do?

Both Sides of the Table

And of course we help with business development introductions and with fund raising events. Boards are not appointed to be founder-friendly lapdogs for the 1–3 founders who start companies and usually own the largest equity positions in the company. Often we are asked to get involved in executive-level recruiting.

Startup 217
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Innovation to an Existing Business Can Limit Risk

Startup Professionals Musings

Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway.

Patents 84
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Imitation With Innovation Reduces Risk in Startups

Startup Professionals Musings

Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway.

Startup 91
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Why Pitching Your Product Is Not Enough For Investors

Startup Professionals Musings

Of course, you wouldn’t include this data in your customer product pitch. Business model showing costs, pricing, and margins. Patents, trade secrets, and trademarks are very attractive to investors, since these are not easily overcome by competitors. Specific investment size request, and equity offered.

Product 58
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Inspiration Without Perspiration is a Dull Startup

Startup Professionals Musings

Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat. You have figured out how to undercut your competitor’s price, and still hold your margin. Incorporate, register your domain name, trademarks, and copyrights, then patent if possible.

Startup 100
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Most Entrepreneurs Need to be Inspired to Perspire

Startup Professionals Musings

Those at the other extreme don’t look up from the grindstone long enough to notice whether all their work is producing sweat equity or just sweat. You have figured out how to undercut your competitor’s price, and still hold your margin. Incorporate, register your domain name, trademarks, and copyrights, then patent if possible.