Startup Professionals Musings

AUGUST 18, 2014

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

MAY 23, 2021

Anyone who works with entrepreneurs will tell you that all are different. The Opportunist is the speculative part of the entrepreneur in all of us. The Specialist entrepreneur will enter one industry and stick with it for 15 to 30 years. Of course, discovering your entrepreneur type is only the beginning. Specialist.

Entrepreneur 134

Entrepreneur Framework Mentor Web 134

Startup Professionals Musings

JANUARY 21, 2023

The average length of a funding pitch to angel investors is ten minutes. Some entrepreneurs seem to think that their product pitch is also their investor pitch. Investors don’t need to know the implementation details of your patent or customer support plan. Remember you are pitching to investors, not customers.

Slides 147

Slides Funding Technical Review Startup 147

Startup Professionals Musings

NOVEMBER 29, 2019

As a mentor to many aspiring entrepreneurs, I challenge them to think beyond what I call linear extensions to a current trend, such as another “easier-to-use” app for smartphones, a new dating site for pets, or another niche social network. Why doesn’t this product or service already exist? Great social entrepreneurs are rare.

Entrepreneur 126

Entrepreneur Ideas Resource Examples 126

Startup Professionals Musings

SEPTEMBER 18, 2022

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. He or she will assume your comment means there is no market for your product or service, or you haven’t looked. Neither speaks well for you or your startup.

Competition 133

Competition Patents Resource Invest 133

Startup Professionals Musings

SEPTEMBER 30, 2013

Every investor expects to see some business traction, both before and after a funding event. I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. If you have a product description, that’s necessary, but not sufficient.

Funding 112

Funding Entrepreneur Startup CTO Hire 112

socalTECH

AUGUST 29, 2013

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? Dirk Ahlborn: We are coming out of the nonprofit incubator, the Girvan Institute of Technology, which has been around since 2002, and is funded by NASA Ames.

Ideas 178

Ideas Patents Funding Startup 178

Startup Professionals Musings

MAY 10, 2021

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Think the unthinkable.

Ideas 171

Ideas Patents Training Entrepreneur 171

Startup Professionals Musings

AUGUST 29, 2011

Other writers, like Guy Kawasaki, have irreverently called some of these “entrepreneur lies,” but I prefer to think of them as innocent over-enthusiasm or over-confidence that can kill your deal. If your product really represents a paradigm shift, you probably haven’t figured out yet what problem it solves.

Entrepreneur 108

Entrepreneur Funding Innocal Competition 108

Startup Professionals Musings

MAY 1, 2023

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. Thus the real discussion must start with who will be doing the work, providing the funding, and delivering results. Building the product may be the easy part of your startup challenge.

Equity 99

Equity Patents CTO Hire Startup 99

Startup Professionals Musings

MAY 14, 2023

Desperate entrepreneurs lose their leverage and die young. Count on six months from beginning the funding process until a new check is cashed. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. Your goal is that magical breakeven point and hockey-stick profit-growth curve.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

Startup Professionals Musings

JUNE 25, 2014

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. He or she will assume your comment means there is no market for your product or service, or you haven’t looked. Neither speaks well for you or your startup.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

AUGUST 9, 2020

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. Thus the real discussion must start with who will be doing the work, providing the funding, and delivering results. Building the product may be the easy part of your startup challenge.

Startup 174

Startup Equity Patents CTO Hire 174

Tech.Co

DECEMBER 13, 2017

VentureWell, a Massachusetts-based nonprofit that supports science and technology entrepreneurs, has selected a medical simulation startup founded by University of Maine students to receive funding and training. The company, Zephyrus Simulation LLC, was spun off from a product developed by a group of bioengineering students at UMaine.

Startup 70

Startup Funding Training Ideas 70

Startup Professionals Musings

JULY 27, 2018

I’m still amazed at how many technical entrepreneurs don’t have a business pitch, and offer me their product pitch or product spec instead. I’m a technologist, so I always love to learn about the product, but every investor needs to make sure you have a business, as well as a product.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

OCTOBER 15, 2022

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Some entrepreneurs love to talk and produce videos, but hate to write anything down. Registered patents and other intellectual property.

Entrepreneur 111

Entrepreneur Social Media Patents Mentor 111

Startup Professionals Musings

OCTOBER 5, 2014

Desperate entrepreneurs lose their leverage and die young. Count on six months from beginning the funding process until a new check is cashed. The best entrepreneurs manage cashflow ruthlessly and never delegate decisions about spending money. burn rate business cashflow entrepreneur investor startup'

Entrepreneur 105

Entrepreneur Search Engine Optimization Outsource Development Social Media 105

Startup Professionals Musings

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

DECEMBER 14, 2019

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. He or she will assume your comment means there is no market for your product or service, or you haven’t looked. Neither speaks well for you or your startup.

Competition 120

Competition Patents Resource Invest 120

Startup Professionals Musings

DECEMBER 23, 2013

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Need to spread the risk.

Startup 100

Startup Entrepreneur Technical Review Equity 100

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Production.

Sales 102

Sales Custom Customer Outsource 102

Startup Professionals Musings

DECEMBER 6, 2014

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Some entrepreneurs love to talk and produce videos, but hate to write anything down. Registered patents and other intellectual property.

Entrepreneur 107

Entrepreneur Angel Social Media Patents 107

Startup Professionals Musings

MAY 8, 2016

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 55

Product Startup Summary Entrepreneur 55

Startup Professionals Musings

JANUARY 13, 2020

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Some entrepreneurs love to talk and produce videos, but hate to write anything down. Registered patents and other intellectual property.

Entrepreneur 126

Entrepreneur Social Media Patents Mentor 126

Startup Professionals Musings

SEPTEMBER 15, 2023

Whether you are a business professional in a big company, or an entrepreneur with a startup, innovation is a key strategy. Developing the ideal product the first time around is unlikely, high risk, and very expensive in today’s chaotic market. Everyone has ideas, but only a few can make them happen.

Artificial Inteligence 114

Artificial Inteligence Ideas Satisfaction Custom 114

Startup Professionals Musings

FEBRUARY 26, 2012

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Think the unthinkable.

Ideas 109

Ideas Entrepreneur Patents Training 109

Startup Professionals Musings

FEBRUARY 16, 2014

You are an aspiring entrepreneur, eager to dump the corporate grind, and work to the beat of your own drummer, but you can’t come up with that killer idea to save the world. Technically, I believe an entrepreneur is anyone who manages his own profit and loss, and doesn’t meet the government tax definition of an employee.

Entrepreneur 102

Entrepreneur Startup Course Patents 102

Startup Professionals Musings

AUGUST 19, 2020

Desperate entrepreneurs lose their leverage and die young. Count on six months from beginning the funding process until a new check is cashed. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. Your goal is that magical breakeven point and hockey-stick profit-growth curve.

Search Engine Optimization 124

Search Engine Optimization Outsource Development Social Media Equity 124

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Of course, a real entrepreneur always takes a failure as a milestone on the road to success. How can you improve your odds?

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

Startup Professionals Musings

NOVEMBER 30, 2015

Aspiring entrepreneurs often ask me what to do first when starting a business. In fact, ideas are a commodity and by themselves won’t generate any funding interest, outside the context of a leader who can execute. Instead, entrepreneurs need to focus first on execution disciplines and timing.

Entrepreneur 59

Entrepreneur Startup Technical Review Ideas 59

Startup Professionals Musings

MARCH 18, 2012

I’ve noticed that some entrepreneurs seem to have no trouble attracting investors, while others with a great business plan struggle with it. On the top line, angel investors look to invest in entrepreneurs that have an almost unwavering passion and sense of urgency. If you don’t have it, you probably won’t succeed, even with funding.

Entrepreneur 117

Entrepreneur Technical Review Course Patents 117

Startup Professionals Musings

SEPTEMBER 22, 2011

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. Need to spread the risk.

Entrepreneur 102

Entrepreneur Technical Review Startup Equity 102

Startup Professionals Musings

JULY 30, 2013

The average length of a funding pitch to Angel investors is ten minutes. Some entrepreneurs seem to think that their product pitch is also their investor pitch. Investors don’t need to know the implementation details of your patent or customer support plan. Remember you are pitching to investors, not customers.

Angel 102

Angel Funding Slides Technical Review 102

Startup Professionals Musings

MARCH 5, 2018

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Investors are buying part of the business, not the product or service. Both of these approaches are a waste of your time and theirs.

Funding 62

Funding Technical Review Entrepreneur Startup 62

Startup Professionals Musings

JUNE 10, 2020

More importantly, I look for entrepreneurs and owners like you who are not afraid to hold themselves accountable for the success of the business. This almost always starts at the top, based on a founder’s dream and passion, without the proper homework on sizing the market, or assessing product realities.

Startup 113

Startup Examples Coach Metrics 113

Both Sides of the Table

NOVEMBER 5, 2014

Last week a company we enthusiastically backed, uBeam , led by a very special entrepreneur, 25-year-old Meredith Perry , announced a $10 million round of financing. Here I make the case that entrepreneurs must stay focused on the prize, not the doubters. Entrepreneurs. ” **. It can be one of the strongest motivators.

Technical Review 417

Technical Review Startup Software Review Course 417