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5 Keys To An Unbeatable Solution For Your New Startup

Startup Professionals Musings

Major innovation, with major payback, requires real change, addresses a major pain point, and hits a large customer segment who can pay. I do recommend non-disclosures and patents, but more can be gained than lost by talking to outside experts. For example, smart entrepreneurs look for recognizable patterns in disconnected domains.

Startup 162
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10 Quotes You Should Never Use Around A Business Plan

Startup Professionals Musings

They only want a quick overview of the product, not detailed features and patent secrets. If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors. Investors are buying part of the business, not the product or service.

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Tapping The Power Of The Crowd For Ideas, Advice and Funding, with JumpStartFund

socalTECH

Can tapping the power of the crowd not only help you find customers and help fund your project, but also help you shape your startup idea and find funding? We offer up those ideas and patents to any user on the Internet, and they can sign up on the site to work with the entrepreneur on the idea. and NASA, as well as universities.

Ideas 178
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10 Strategies For Attracting Investors That Will Fail

Startup Professionals Musings

They only want a quick overview of the product, not detailed features and patent secrets. If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors. Investors are buying part of the business, not the product or service.

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Scaling a Business by Cloning Yourself is Tough

Startup Professionals Musings

Many writers have outlined the critical success factors for product companies, like sell every unit at a profit, patent the design, and continuous product improvement. Obviously we can find many critical success factors, like finding and retaining high-value customers, which apply to companies that are product centric or services centric.

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Innovation to an Existing Business Can Limit Risk

Startup Professionals Musings

Statistically, the costs to the first inventor of a new technology are at least a third higher than to follow-on innovators in the same technology. 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.

Patents 84
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Products vs Services – Critical Success Factors

Startup Professionals Musings

Many writers have outlined the critical success factors for product companies, like sell every unit at a profit, patent the design, and continuous product improvement. Obviously we can find many critical success factors, like finding and retaining high-value customers, which apply to companies that are product centric or services centric.

Product 91