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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

Despite some recent advances, there are still some cultures which have less regard for patents and other intellectual property. Leading edge technology software and manufacturing require constant course corrections and iterative restarts. Customer-facing services, like call centers, should rarely be outsourced.

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6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

Despite some recent advances, there are still some cultures which have less regard for patents and other intellectual property. Leading edge technology software and manufacturing require constant course corrections and iterative restarts. Customer-facing services, like call centers, should rarely be outsourced.

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Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

Patents held by startups generally have a limited ability to reduce competition. The average time required to obtain a patent is 36-to-40 months, during which there is no guarantee your adVenture will ultimately receive patent protection. Even if you are granted a patent, the scope of your claims may be significantly denuded.

IP 256
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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea. In my experience, the key steps I look for always include the following: Testing the idea against customers who have money to spend. Prepare your marketing story for customers and investors.

Ideas 94
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Here’s How You Get A VC To Pull Out Their Checkbook

InfoChachkie

Too Techie - Tone down emphasis on the technology underlying your venture; an interested investor will perform tech diligence at the appropriate time. What does your pain reliever look like, how is it implemented by the customer and what future products do you expect to roll out? Patents and Trademarks.

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Do You Have What it Takes to Attract Investors?

Startup Professionals Musings

Here are some key ones they look for: Talks and writes well. Successful entrepreneurs already have a visible network of trusted suppliers, potential customers, partners, and even investors. Convincingly presents a patent, trademark, or other “secret sauce” that can create equity value, not just current cash flow for the owners.

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Investors Seek Entrepreneurs With Fire in the Belly

Startup Professionals Musings

Here are some key ones they look for: Talks and writes well. Successful entrepreneurs already have a visible network of trusted suppliers, potential customers, partners, and even investors. Convincingly presents a patent, trademark, or other “secret sauce” that can create equity value, not just current cash flow for the owners.