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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” Call out your top competitors, highlighting your sustainable competitive advantage, including patents, trade secrets. Use non-fuzzy terms to quantify customer value. Highlight your advantages over three top competitors.

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This Immigrant Entrepreneur Launched Her Billion Dollar Empire, Despite Speaking No English

InfoChachkie

In 1917, Mary Phelps Jacobs was granted patent 1,115,674 , which states, “This invention relates to improvements in brassieres.” (sic). The company’s “I dreamed…” campaign caused demand to outstrip production. Ida wasn’t even the first modern-day entrepreneur to offer women brassieres. Innovate Beyond Product Features.

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10 Ways Entrepreneurs Fail Their Way To The Top

Startup Professionals Musings

If your product is really new and disruptive, make sure you have supply to meet the demand at rollout, and a patent to prevent others from jumping in quickly. Use the rule of “plan early, quote late, and ship early,” to be a hero rather than a zero. Never create a market you can’t supply and support.

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10 Practices That Lead To The Demise Of Any Business

Startup Professionals Musings

If your product is really new and disruptive, make sure you have supply to meet the demand at rollout, and a patent to prevent others from jumping in quickly. Use the rule of “plan early, quote late, and ship early,” to be a hero rather than a zero. Create a market you can’t supply and support.

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Congrats To All The Winners and Thanks To Our Speakers at #REACHNeXT!

Tech Zulu Event

Their patented multi-purpose cleaning formula was recently approved by Boeing to replace toxic solvents. EnvoyNow is innovating in the on-demand food delivery space, targeting the underserved college market. Categories: mobile consumer, on-demand, chat. Early 20s: Studied EE and went to business school at age 23.