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Reduce five risks: Increase your valuation

Berkonomics

This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. Here we expand the definitions a bit to encompass businesses that are still early stage, but perhaps beyond startup. And fifth: Competitive risk. .

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7 Indications Of Your Ability To Get Business Results

Startup Professionals Musings

Some entrepreneurs love to talk and produce videos, but hate to write anything down. Registered patents and other intellectual property. By definition, entrepreneurs need to love the art of the start, and that love needs to come across as part of the first impression you deliver to any investor.

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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” You need both to survive.

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7 Personal Attributes That Attract Investor Attention

Startup Professionals Musings

Some entrepreneurs love to talk and produce videos, but hate to write anything down. Registered patents and other intellectual property. By definition, entrepreneurs need to love the art of the start, and that love needs to come across as part of the first impression you deliver to any investor.

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7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Open your pitch by grabbing the investor's attention with a statement or question that piques their interest, then hit the following key bases: Definition of customer problem, followed by your solution. For example, “I just patented a new cell-phone technology that will double battery life for half the cost.

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Freelancers Are The New Entrepreneurs For Services

Startup Professionals Musings

Writing specialists. Whether you are in manufacturing or software, you need experienced writers who can document your latest technology, write patents, and efficiently manage the multitude of data formats required by printing companies and advertisers. Information specialists. Software specialists.

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7 Entrepreneur Traits That Let You Soar With Angels

Startup Professionals Musings

Some entrepreneurs love to talk and produce videos, but hate to write anything down. Registered patents and other intellectual property. By definition, entrepreneurs need to love the art of the start, and that love needs to come across as part of the first impression you deliver to any investor.