Startup Professionals Musings

MARCH 2, 2020

Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. In addition, creating a business requires leading and interacting with other people, including partners, investors, and customers. Create a written plan, with target milestones and metrics.

Ideas 126

Ideas Writing Examples Outsource 126

Startup Professionals Musings

NOVEMBER 29, 2019

The right answer to this question is that you bring some new intellectual property to the table – like a patent or other secret sauce. Also evaluate the values of desired customers. This will incent earlier thinking outside the box, and help you get metrics in place to track progress, or lack of it, along the way.

Entrepreneur 126

Entrepreneur Ideas Resource Examples 126

Startup Professionals Musings

AUGUST 12, 2015

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Innovative technologies have no value until they are turned into solutions to real customer problems. Set milestones and meet them. Ownership. Value creation.

Entrepreneur 101

Entrepreneur Startup Coach Metrics 101

Startup Professionals Musings

NOVEMBER 4, 2019

In my experience, the key steps I look for always include the following: Testing the idea against customers who have money to spend. Any startup with no patents, trade secrets, or other secret sauce is very high risk today. Prepare your marketing story for customers and investors.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

AUGUST 18, 2018

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Innovative technologies have no value until they are turned into solutions to real customer problems. Set milestones and meet them. Ownership. Value creation.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

Startup Professionals Musings

JUNE 10, 2020

You can and must fix this by communicating business goals and objectives, and establishing personal metrics which only reward success. It’s easy for you to blame someone else in the organization, economic conditions outside, or even overly demanding customers, when things are not going well.

Startup 113

Startup Examples Coach Metrics 113

Startup Professionals Musings

AUGUST 14, 2016

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Innovative technologies have no value until they are turned into solutions to real customer problems. Set milestones and meet them. Ownership. Value creation.

Coach 64

Coach Metrics Competition Ideas 64

Startup Professionals Musings

JULY 31, 2017

“Sleeping giants do wake up,” I always say, to remind new business owners that nobody cares what you do when you are not a threat, but when you get some real traction with customers, competitors will come out of the woodwork with a vengeance. A strong work ethic is great, but patents and intellectual property are critical.

Metrics 58

Metrics Resource Startup Training 58

Both Sides of the Table

MAY 2, 2015

I love the enthusiasm, the boundless energy and the sense of possibility that comes from having an idea that hasn’t yet been beat up in the marketplace of competing ideas, customer contracts, VC skepticism, jaded journalists or fickle consumers who are on the The New, New Thing. The full financial details and metrics were in the deck.

Outsource Development 150

Outsource Development Metrics Startup Sales 150

Startup Professionals Musings

SEPTEMBER 3, 2018

In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper. Market research can thus be based on real customers and a previously tested market. Timing is critical, as well as focus on marketing and customer satisfaction. Martin Zwilling.

Startup 65

Startup Social Media Study Research 65

Startup Professionals Musings

JULY 30, 2014

In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper. Market research can thus be based on real customers and a previously tested market. Timing is critical, as well as a focus on marketing and customer satisfaction.

Technology 103

Technology Entrepreneur Study Research 103

Startup Professionals Musings

JULY 22, 2016

You need to quantify measurable criteria for success, using business metrics. These could include customer penetration, revenue growth, budget guidelines, and industry visibility. Team members begin by working with industry experts, advisors, and customers to validate assumptions, implementation plans, and financial parameters.

Startup 56

Startup Metrics Entrepreneur Resource 56

Startup Professionals Musings

AUGUST 8, 2016

By profit, I simply mean offering a product or service to customers for a price that exceeds the total costs associated with the solution, thus providing some basis for recovering sunk costs and generating a return for stakeholders. Solve a painful problem for customers who have money to spend.

Entrepreneur 58

Entrepreneur Ideas Pricing Customer 58

Startup Professionals Musings

AUGUST 21, 2016

In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper. Market research can thus be based on real customers and a previously tested market. Timing is critical, as well as focus on marketing and customer satisfaction. Martin Zwilling.

Technology 57

Technology Startup Study Research 57

SoCal CTO

JUNE 9, 2010

Kathy Sierra at Business of Software 2009 - Business of Software Blog , May 4, 2010 "In the old days, getting customers was easy. Putting customers first. Legendary customer support. Why Lawyers Don’t Run Startups - Steve Blank , May 27, 2010 Startups need to have a great lawyer, accountant, patent attorney, etc.

Startup 248

Startup Venture Capital Conference Social Media 248

Tech Coast Venture Network

FEBRUARY 22, 2010

Design the Job – Include reporting relationships, authority, responsibilities, and performance metrics. Design the Organization – Most grow organically and are based on people, not on the job that needs to be done. Hire the Right Team – Not just on qualifications, but personality and team chemistry.

Design 100

Design Resource Metrics Patents 100

Startup Professionals Musings

SEPTEMBER 28, 2015

Instead, find and quantify the specific demographics of the subset that your solution best fits, and target all your features and messaging to those customers. A near-term customer value proposition. In all cases, you need customer support, formal processes and training in place. Solution production and support.

Pricing 100

Pricing Technical Review Entrepreneur Startup 100

SoCal CTO

MARCH 4, 2010

Some of the activities that are likely part of the mix where there might be need: Review and provide input on business plans Costs and time estimation Product prioritization Options analysis Systems analysis and design Technical risk analysis Technical research and evaluation Systems for accounting and reporting Metrics (see startup metrics ) Security (..)

Technical Review 170

Technical Review Technical Advisors CTO Coach Startup 170