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6 Ways To Extend Creativity To All Areas Of Business

Startup Professionals Musings

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Think the unthinkable.

Ideas 171
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How To Pick Your Focus For Your Next Business Venture

Startup Professionals Musings

Your concept has to be understood by customers and investors in 30 seconds or less, and everyone needs to immediately see how awesome it would be, or that they would be nuts not to have it. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days.

Startup 96
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4 Key Questions To Size The Potential Of Your Startup

Startup Professionals Musings

Your concept has to be understood by customers and investors in 30 seconds or less, and everyone needs to immediately see how awesome it would be, or that they would be nuts not to have it. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days.

Startup 166
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How Great Entrepreneurs Spell Continuous Innovation

Startup Professionals Musings

As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. An entrepreneur looking for a sure thing will never innovate. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics.

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7 Concepts To Keep In Mind When Running Any Business

Startup Professionals Musings

When I started mentoring entrepreneurs and startups a few years ago, I anticipated that I would get mostly tough technical questions, but instead I more often hear things like “Where do I start?” It doesn’t matter how good your product or service is if most of your potential customers don’t know about it. The marketplace is a war zone.

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8 Tips For Success In Turning A Dream Into A Business

Startup Professionals Musings

As an advisor to business professionals and entrepreneurs, I often hear about an innovative new solution that could lead to business growth or a new business. Here are some key ones that I find often overlooked in the passion of the moment or the rush to get started: Aim your innovations at real customer problems.

Tips 80
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Be Frugal, But Never Cheap When Locking Down Your IP

InfoChachkie

An invalidated patent or one deemed to infringe the rights of another party can devastate a startup. Defensible Claims - Some companies take pride in the number of patents they own. However, there is not a direct correlation between a patent portfolio’s value and the number of patents which comprise the portfolio.

IP 210