article thumbnail

6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. The same is true for filing patents, registering trademarks, and filing copyrights. A programmer can build a new smartphone app for a few thousand dollars.

article thumbnail

Reduce five risks: Increase your valuation

Berkonomics

If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Definitely take a look at he suggests you balance the choices. Definitely read the whole thing. Lots of thoughts here.

Startup 211
article thumbnail

NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Definitely take a look at he suggests you balance the choices. Definitely read the whole thing. Lots of thoughts here.

Startup 198
article thumbnail

Entrepreneurs Today Don’t Need A Big Budget To Start

Startup Professionals Musings

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. The same is true for filing patents, registering trademarks, and filing copyrights. A programmer can build a new smartphone app for a few thousand dollars.

article thumbnail

10 C-Level Positions That Are Red Flags For Funding

Startup Professionals Musings

What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. Diversity is generally only an issue in large organizations, and if your startup is that large, investors will definitely be nervous.

CTO Hire 100
article thumbnail

10 Job Titles Never Found in an Investable Startup

Startup Professionals Musings

What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. Diversity is generally only an issue in large organizations, and if your startup is that large, investors will definitely be nervous.

Startup 97