Berkonomics

MARCH 15, 2012

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. Are you ahead or behind the market with your product or service? And fifth: Competitive risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Berkonomics

DECEMBER 31, 2020

The company created a product that could be delivered as a service to medical clinicians anywhere in the world, enhancing their ability to understand their patents’ problems and needs in less time, using the expertise built into an AI expert system created by the best minds in many medical specialties. How refreshing!

Equity 156

Equity Writing Education Research 156

Berkonomics

JULY 18, 2019

By definition, your core is your intellectual property foundation, the thing that makes your business most valuable to customers, investors and perhaps someday to potential buyers of the business. Patents, branding, marketing and more. Using your scarce capital and other resources.

Patents 120

Patents Resource Training Advertising 120

Startup Professionals Musings

AUGUST 8, 2020

Risk level has always been directly correlated to the number of unknowns, so eliminating even one variable will improve your odds: Eliminate one aspect of research and development. According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators.

Startup 157

Startup Social Media Study Research 157

Startup Professionals Musings

SEPTEMBER 25, 2021

In other words, inventions are necessary but not sufficient to create real value for investors and customers. You need a viable business model and customers. Investors expect proof that your invention can be manufactured in volume, and can justify a sales price at least double the cost, to a large customer set that has money to spend.

Technical Review 156

Technical Review Funding Patents Ideas 156

SoCal Tech Calendar

JULY 7, 2017

A well-developed patent portfolio (along with an intellectual property portfolio, generally) conveys a high degree of technical and commercial sophistication to potential investors, customers, competitors, and licensees. and abroad.

TCVN 100

TCVN Patents Research Invest 100

InfoChachkie

FEBRUARY 20, 2012

Along with your cash, customers and employees, a healthy startup culture will prove to be one of your most precious assets. . Unless your venture is focused on researching potential scientific breakthroughs, it is likely that your technology can be easily copied and your patents circumvented. Treasure it. Banana IP. "Intellectual

Tips 275

Tips Startup IP Santa Barbara 275

Berkonomics

MARCH 5, 2020

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk. . Are you ahead or behind the market with your product or service? Third: Management risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

MAY 17, 2020

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. There is no substitute for market research to confirm that your passion matches a real need in the market. Assume passion level defines business opportunity.

Startup 174

Startup Writing Entrepreneur Ideas 174

TechCrunch LA

APRIL 22, 2019

Blueland’s cleaners — a bathroom cleaner, glass cleaner, and multi-purpose cleaner — are sold as tablets that customers add to the cleaning containers the company provides. With Naqzi on board, the company began filing patents for its unique process and the products it’s bringing to market, says Paiji.

Design 161

Design Patents Los Angeles Ideas 161

Berkonomics

AUGUST 31, 2023

Well, here is one of those, and it deals with market research first and foremost. But wait for the mic drop… [Email readers, continue here…] Here’s where some intelligent market research might have saved the company and my investment. Market research matters? So, I lost lots of money for lack of market research.

Competition 156

Competition Research Summary Pricing 156

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

FEBRUARY 22, 2012

No known patents filed. Maybe the solution hasn’t yet been commercialized, but a patent has been submitted by someone else, putting your idea in jeopardy. Another series of searches on Google Patents and the US Patent Office site and Free Patents Online is in order at this point. Real customer pain and money.

Ideas 97

Ideas Patents Startup Google 97

Startup Professionals Musings

OCTOBER 19, 2015

Outside investors are most interested in scaling a proven business model, not research and development. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Patents are not worth the effort, since big companies will win.

Technical Review 101

Technical Review Patents Entrepreneur Customer 101

Startup Professionals Musings

JANUARY 21, 2023

Remember you are pitching to investors, not customers. Research your audience before presenting. The most respected presenters are the ones who have done the research before-hand to know who is in the audience, and have tailored their message to these interests. Don’t forget to ask for the order.

Slides 147

Slides Funding Technical Review Startup 147

socalTECH

FEBRUARY 22, 2010

We've also had great advances in engaging the trust of the commercial community, with patented advances like automatic scoring of our algorithms, which predicts the quality of translations based on a one-through-five scale. Originally, you had a lot of government customers, and were just starting out with a few commercial customers.

Software Review 145

Software Review USC Content Tech Coast Angels 145

Startup Professionals Musings

JANUARY 14, 2011

No known patents filed. Maybe the solution hasn’t yet been commercialized, but a patent has been submitted by someone else, putting your idea in jeopardy. Another series of searches on Google Patents and the US Patent Office site and Free Patents Online is in order at this point. Real customer pain and money.

Ideas 94

Ideas Patents Startup Google 94

Startup Professionals Musings

APRIL 10, 2021

It can come from experience, or from training in a prior company, and it can even be self-taught from the Internet by smart entrepreneurs, just like they learned the skill of establishing a company, negotiating a contract, or filing a patent. That’s a big step from one product for one customer. Focus on high productivity.

Startup 171

Startup Organization Training Entrepreneur 171

Startup Professionals Musings

JULY 18, 2014

In other words, inventions are necessary but not sufficient to create real value for investors and customers. You need a viable business model and customers. Investors expect proof that your invention can be manufactured in volume and can justify a sales price at least double the cost to a large customer set that has money to spend.

Ideas 106

Ideas Technical Review Patents Entrepreneur 106

Berkonomics

MARCH 14, 2019

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? Second: Market risk.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

FEBRUARY 26, 2011

Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway. Market research is more meaningful if there is already a market and real customers. Learn from competitors and early adopters.

Startup 91

Startup Patents Statistics Course 91

Startup Professionals Musings

JUNE 15, 2020

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. Patents and trade secrets are more powerful advantages than missing competitive features, which might be quickly filled in as you gain traction.

Competition 125

Competition Entrepreneur Patents Customer 125

Startup Professionals Musings

JULY 30, 2014

Risk level has always been directly correlated to the number of unknowns, so eliminating even one variable will improve your odds: Eliminate one aspect of research and development. According to a recent Harvard Research study, first-time inventors spend at least a third more on their initial technology than later innovators.

Technology 103

Technology Entrepreneur Study Research 103

socalTECH

FEBRUARY 27, 2015

Despite the widespread impact of software today on our lives, there are a number of areas of computer science research which have had a difficult time in being translated into practical, every day usage. We''re now scaling it up, and we''ve also filed seven patents in that process. You can''t do it in real time.

Research 100

Research Patents USC Software 100

socalTECH

MARCH 31, 2014

We''re rolling it out to finance and Wall Street, monitoring thousands of sources of continuously changing information, such as news, social media, internal email systems, and analyzing specific, material conditions that our customers are looking for. Jeff Curie: It is a very advanced piece of technology. We''re using state of the art tools.

Orange County 245

Orange County Startup News IBM 245

Startup Professionals Musings

MAY 31, 2020

These requirements must be based on market analysis, expert input, and existing customer feedback. It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. Development schedule and checkpoints.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Startup Professionals Musings

MAY 30, 2020

Access to intellectual property and current research. 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. Visit the university library for access to otherwise costly business reports.

Class 124

Class Startup Resource Mentor 124

Startup Professionals Musings

MAY 30, 2012

Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway. Market research is more meaningful if there is already a market and real customers. Learn from competitors and early adopters.

Patents 84

Patents Startup Statistics Course 84

Startup Professionals Musings

FEBRUARY 12, 2023

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. There is no substitute for market research to confirm that your passion matches a real need in the market. Assume passion level defines business opportunity.

Startup 124

Startup Writing Entrepreneur Ideas 124

Startup Professionals Musings

MARCH 17, 2023

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. Patents and trade secrets are more powerful advantages than missing competitive features, which might be quickly filled in as you gain traction.

Competition 111

Competition Entrepreneur Patents Customer 111

Startup Professionals Musings

MARCH 14, 2020

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Here is my list of red flags that cause many investors to look elsewhere: No well-defined need or viable customer set.

Funding 123

Funding Startup Entrepreneur Invest 123

Startup Professionals Musings

APRIL 29, 2020

Remember you are pitching to investors, not customers. Research your audience before presenting. The most respected presenters are the ones who have done the research before-hand to know who is in the audience, and have tailored their message to these interests. Don’t forget to ask for the order.

Startup 118

Startup Slides Technical Review Research 118

Startup Professionals Musings

APRIL 30, 2023

Risk level has always been directly correlated to the number of unknowns, so eliminating even one variable will improve your odds: Eliminate one aspect of research and development. According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators.

Social Media 92

Social Media Study Research Satisfaction 92

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

Startup Professionals Musings

SEPTEMBER 13, 2014

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements about them to their own team, investors and even to customers. Patents and trade secrets are more powerful advantages than missing competitive features, which might be quickly filled in as you gain traction.

Competition 107

Competition Entrepreneur Patents Customer 107

Startup Professionals Musings

MARCH 3, 2023

These requirements must be based on market analysis, expert input, and existing customer feedback. It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. Development schedule and checkpoints.

Product 112

Product Summary Activity Entrepreneur 112

socalTECH

SEPTEMBER 13, 2011

You've got to find each one, and research them online. Jonathan Simkin: I was actually in high school when I decided I'd either start a company when I graduated, or go into patent law. Every price comparison out there, whether that's Google Products, Bizrate, or other sites, can find books, but you can only do it one at a time.

UCSD 185

UCSD Course Startup Sites 185