Startup Professionals Musings

FEBRUARY 1, 2021

Disclosures relative to patents. Entrepreneurs should never disclose the details of a planned or current patent application to any outsiders, even with a CDA in place. Product details in the public domain can never be patented. In most cases, a term of two to five years should be adequate. Sharing trade secrets.

Ideas 159

Ideas Tips Technical Review Patents 159

Startup Professionals Musings

FEBRUARY 11, 2023

Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. Talking to real customers is the best way to keep your inspiration alive, as well as the best way keep on track with changing trends and future innovation ideas. Watch that patent provide a real barrier to competitive entry.

Startup 118

Startup Satisfaction Custom Customer 118

Startup Professionals Musings

DECEMBER 14, 2019

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. I like patents, trademarks, and trade secrets, so this answer is a better sustainable competitive advantage than the other five answers. Martin Zwilling.

Competition 120

Competition Patents Resource Invest 120

Startup Professionals Musings

MAY 16, 2020

Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. Talking to real customers is the best way to keep your inspiration alive, as well as the best way keep on track with changing trends and future innovation ideas. Watch that patent provide a real barrier to competitive entry.

Satisfaction 174

Satisfaction Custom Customer Outsource 174

Startup Professionals Musings

MAY 1, 2023

Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Key to required patents or trade secrets. In many cases, one of the cofounders may bring some work in progress that can be patented, trademarked, or copyrighted.

Equity 99

Equity Patents CTO Hire Startup 99

Berkonomics

AUGUST 31, 2023

How this did sound to buyers back then… Four- and five-star hotels loved the concept, which included redirecting outgoing calls from the cell phone by the guest to be sent through the hotel’s land line switch, making the hotel a miniature phone company with its attendant profits. These systems were not cheap as you might guess.

Competition 156

Competition Research Summary Pricing 156

Startup Professionals Musings

AUGUST 9, 2020

Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Key to required patents or trade secrets. In many cases, one of the co-founders may bring some work in progress that can be patented, trademarked, or copyrighted.

Startup 174

Startup Equity Patents CTO Hire 174

Startup Professionals Musings

NOVEMBER 9, 2010

This is the origin of the “ solution looking for a problem ” and “ if we build it, they will come ” syndromes, which result in surprise and frustration waiting for funding, and waiting for customers that don’t materialize. Business strategy allows you to change customer perceptions and responses to your product or service offerings.

Startup 92

Startup Competition IP Patents 92

Startup Professionals Musings

JUNE 26, 2020

A business plan is the outward facing definition of the business you hope to drive with your hardware solution, with a hardware overview in the intro to highlight customer value and competitiveness. Use non-fuzzy terms to quantify customer value. Provide specifics on the customer business model. and trademarks.

Product 169

Product Summary Startup Examples 169

Startup Professionals Musings

MARCH 18, 2016

First priority is real revenue, customers and contracts. If you have a proven business model with some sales, it’s credible to apply a multiplier of five to 10 times this number for the first element of valuation. Thus, $100,000 of gross revenue in the last 12 months might be extrapolated to $500,000 to $1 million in valuation.

Startup 71

Startup Patents Invest Blogging 71

InfoChachkie

AUGUST 10, 2010

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

IP Patents Company Companies 256

Startup Professionals Musings

MAY 22, 2020

Is there a real customer willing to give a testimonial? Don’t be sidetracked by potential customers in the middle of a free trial, or friends of the founder. Before you invest your life savings, or bet your career on this startup, you need to know how much of a barrier to entry the brand and patents are projected to be.

Technical Review 174

Technical Review Startup Invest Patents 174

Startup Professionals Musings

AUGUST 2, 2015

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. I like patents, trademarks, and trade secrets, so this answer is a better sustainable competitive advantage than the other five answers. Martin Zwilling.

Startup 118

Startup Competition Patents Resource 118

Startup Professionals Musings

FEBRUARY 18, 2023

Is there a real customer willing to give a testimonial? Don’t be sidetracked by potential customers in the middle of a free trial, or friends of the founder. Before you invest your life savings, or bet your career on this startup, you need to know how much of a barrier to entry the brand and patents are projected to be.

Startup 83

Startup Technical Review Invest Patents 83

Startup Professionals Musings

NOVEMBER 5, 2018

As a self-made entrepreneur and former chairman of Diamond Resorts International, he asserts that the five biggest companies by market value today, Google, Facebook, Microsoft, Amazon, and Apple, aren’t really tech, but hospitality companies. Customer needs and expectations are changing faster than ever these days.

Technical Advisors 82

Technical Advisors Artificial Inteligence Custom Customer 82

Startup Professionals Musings

DECEMBER 25, 2022

He humbly outlines fifty-five of his own less-than-stellar business anecdotes over a career in business for all to see and avoid. In the rush of a startup, it’s tempting to start spending the money you expect any day from a rich uncle or a major new customer. But things do go wrong, and you will be left holding the bag.

Startup 100

Startup Technical Review Entrepreneur Custom 100

InfoChachkie

SEPTEMBER 13, 2016

As I thought about the characteristics that comprise a great program, I identified five criteria that a prospective entrepreneurial student can use to evaluate the efficacy of a collegiate entrepreneur curriculum. Ask: How many businesses were started in the past five years by students, alumni and/or professors?

Venture Capital 100

Venture Capital Technical Review Class Patents 100

Startup Professionals Musings

JUNE 25, 2014

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. I like patents, trademarks, and trade secrets, so this answer is a better sustainable competitive advantage than the other five answers. Martin Zwilling.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

JULY 24, 2021

Here is a summary of his five basic strategies: Always on the alert, sensing for signals and meaning of change. Evaluate who might use an invention, patent, or new law to create a bend in the road. Technically, this is known as perceptual acuity. Regularly dissect the past, to look for change signals you and others missed.

Entrepreneur 173

Entrepreneur Summary Patents Examples 173

socalTECH

SEPTEMBER 17, 2010

Among other updates the firm added to its S-1 filing, the firm reported it now has eight patents granted--up from five--for its intellectual property, and an additional sixteen pending in the United States and other jurisdictions. According to the new S-1, it has awarded grants to officers to acquire 11.7

Demand 194

Demand Media Santa Monica Report 194

Startup Professionals Musings

NOVEMBER 4, 2019

Based on my experience and data from the field, over seventy-five percent of new startups fail, even with venture backing. 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

Ideas Slides Technical Review Patents 94

Berkonomics

JULY 6, 2017

Email readers, continue here…] Four and five star hotels loved the concept, which included redirecting outgoing calls from the cell phone by the guest to be sent through the hotel’s land line switch, making the hotel a miniature phone company with its attendant profits. These systems were not cheap as you might guess. Back to 1996.

Competition 266

Competition Research Summary Pricing 266

Startup Professionals Musings

JANUARY 27, 2018

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. I like patents, trademarks, and trade secrets, so this answer is a better sustainable competitive advantage than the other five answers. Martin Zwilling.

Competition 51

Competition Patents Resource Entrepreneur 51

Startup Professionals Musings

JANUARY 24, 2015

Disclosures relative to patents. Entrepreneurs should never disclose the details of a planned or current patent application to any outsiders, even with a CDA in place. Product details in the public domain can never be patented. In most cases, a term of two to five years should be adequate. Sharing trade secrets.

Ideas 106

Ideas Technical Review Patents Entrepreneur 106

Startup Professionals Musings

MARCH 30, 2020

He humbly outlines fifty-five of his own less-than-stellar business anecdotes over a career in business for all to see and avoid. In the rush of a startup, it’s tempting to start spending the money you expect any day from a rich uncle or a major new customer. But things do go wrong, and you will be left holding the bag.

Startup 125

Startup Technical Review Entrepreneur Custom 125

Startup Professionals Musings

SEPTEMBER 10, 2018

Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Key to required patents or trade secrets. In many cases, one of the co-founders may bring some work in progress that can be patented, trademarked, or copyrighted.

Equity 95

Equity Patents CTO Hire Startup 95

Startup Professionals Musings

JANUARY 16, 2015

Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. Talking to real customers is the best way to keep your inspiration alive, as well as the best way keep on track with changing trends and future innovation ideas. Watch that patent provide a real barrier to competitive entry.

Satisfaction 101

Satisfaction Entrepreneur Custom Customer 101

Startup Professionals Musings

JULY 29, 2013

On the other hand, if you intend to patent an idea, you need a signed confidentiality agreement from everyone knowing details, or you will legally lose patent rights. Prior to patent application. As I mentioned earlier, you should never disclose details of a potential patent to anyone without getting a signed and dated NDA.

Ideas 92

Ideas Demand Patents Entrepreneur 92

Startup Professionals Musings

JUNE 21, 2012

On the other hand, if you intend to patent an idea, you need a signed confidentiality agreement from everyone knowing details, or you will legally lose patent rights. Prior to patent application. As I mentioned earlier, you should never disclose details of a potential patent to anyone without getting a signed and dated NDA.

Startup 97

Startup Patents Sample Ideas 97

Startup Professionals Musings

FEBRUARY 13, 2016

Investors want to hear about customers with money who have a painful problem that you can solve now. Investors are looking for a concise description of your product or service without technical jargon or fuzzy marketing terms with value quantified in customer terms. What is your specific solution and value proposition?

Invest 108

Invest Startup Slides Equity 108

Startup Professionals Musings

NOVEMBER 26, 2012

The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage. NewCo has filed a patent on one of their software tool algorithms, which is very positive, and puts them several steps ahead of others who may be venturing into the same area. Early customers and contracts in progress add value.

Startup 108

Startup Invest Patents Outsource Development 108

SoCal CTO

SEPTEMBER 20, 2011

Beyond that, I want lots of conversations with experts, users, customers, VCs, partners, etc. NDAs or Other Protection So you decide you want to be able to share with experts, users, customers, VCs, partners, etc. Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property?

Startup 211

Startup IP Ideas Patents 211

Startup Professionals Musings

APRIL 2, 2016

Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. Talking to real customers is the best way to keep your inspiration alive, as well as the best way keep on track with changing trends and future innovation ideas. Watch that patent provide a real barrier to competitive entry.

Satisfaction 61

Satisfaction Startup Custom Customer 61

Startup Professionals Musings

AUGUST 4, 2014

Value factors include your related product breadth and depth, relationships with thought leaders, key vendors and large potential customers. Key to required patents or trade secrets. In many cases, one of the co-founders may bring some work in progress that can be patented, trademarked or copyrighted.

Equity 104

Equity Patents Startup CTO Hire 104

Startup Professionals Musings

MARCH 24, 2011

On the other hand, if you intend to patent an idea, you need a signed confidentiality agreement from everyone knowing details, or you will legally lose patent rights. Prior to patent application. As I mentioned earlier, you should never disclose details of a potential patent to anyone without getting a signed and dated NDA.

Patents 90

Patents Sample Ideas Entrepreneur 90

Startup Professionals Musings

JULY 27, 2018

Unfortunately, customers look for value in solving their problem, and new technologies alone scare them, so these solutions don’t get bought by customers, or funded. Attracting business investors is as tough as attracting customers, but it’s a different challenge. Customized marketing strategy and realistic sales plans. “If

Product 58

Product Slides Entrepreneur Invest 58

SoCal CTO

SEPTEMBER 20, 2011

Beyond that, I want lots of conversations with experts, users, customers, VCs, partners, etc. NDAs or Other Protection So you decide you want to be able to share with experts, users, customers, VCs, partners, etc. Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property?

Startup 198

Startup IP Ideas Patents 198