Customer Mentor Patents Technology 
Startup Professionals Musings
SEPTEMBER 15, 2023
Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas. Search for customer pain rather than high margins. Look for technologies to adapt from other domains.
Startup Professionals Musings
SEPTEMBER 23, 2020
In fact, I think the evidence is clear that many entrepreneurs started their journey while still in college, and capitalized on all the resources there, before moving on: Extend your technology focus with business basics. He learned quickly that several pivots were required for business, legal, and customer acceptance reasons.
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Startup Professionals Musings
FEBRUARY 27, 2023
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. These often lead to angel investors and venture capital investments later, or connections to local company venture funds for selected focus and technology areas.
Startup Professionals Musings
JULY 27, 2022
One way to do this is to nurture mentoring relationships with experts in other disciplines, as Bill Gates did with Warren Buffet. Plus you can challenge yourself to keep abreast of technology advancements in related industries, looking for a fit in your own. Initiate a regular program of customer experiments.
Startup Professionals Musings
OCTOBER 15, 2022
As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Message delivery must be customized for each investor. Registered patents and other intellectual property. Surrounded by the right people and track record.
Startup Professionals Musings
MAY 30, 2020
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. These often lead to angel investors and venture capital investments later, or connections to local company venture funds for selected focus and technology areas.
Startup Professionals Musings
MAY 7, 2021
As a mentor to aspiring business owners. The tougher question is whether you are also wise, in the sense of cultivating the right relationships, understanding team dynamics, and keeping to the correct side of the ethical line to maintain the trust of team members and customers alike. Be willing to adapt quickly as conditions change.
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