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. They are also seeking to find out how you handle one of the many tough questions that a new founder will get in today’s market. Don’t bash the competition.

Competition 133

Competition Patents Resource Invest 133

Startup Professionals Musings

AUGUST 17, 2020

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Find a recognized billion dollar and growing market.

Technical Review 173

Technical Review Ideas Patents Startup 173

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. Great social entrepreneurs are rare. Why doesn’t this product or service already exist?

Entrepreneur 126

Entrepreneur Ideas Resource Examples 126

Startup Professionals Musings

JUNE 25, 2021

It seems like everyone wants to be an entrepreneur and get rich these days. File at least a provisional patent and one or more trademarks. Relevant questions include the type of business entity (LLC or C-Corp), licensing or manufacturing, sales and marketing, and staffing. Look hard at the technology for feasibility and risk.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

socalTECH

NOVEMBER 18, 2011

Dressed in suits with questions and passports in hand, a delegation of over 15 US entrepreneurs and investors--including a number from Southern California--entered the seat of the British government at 10 Downing Street Thursday. 10 Downing Street is the equivalent of the White House here in the United States.

Entrepreneur 170

Entrepreneur Southern California Beverly Hills Patents 170

Startup Professionals Musings

SEPTEMBER 21, 2018

If you are one of the thousands of entrepreneurs who need equity funding to get your startup going (no loans to repay), you are probably overwhelmed at the prospect of finding, contacting and pitching to the huge number of qualified angels and investment groups around the country. Recruit a team with complementary skills.

Platform 94

Platform Equity Invest Technical Advisors 94

Both Sides of the Table

OCTOBER 8, 2014

If you want the full SlideShare deck with many slides not in either post it’s in this link –> The LA Tech Market. ” It’s the most common refrain I hear from investors and even entrepreneurs these days. Has it begun to mature or is it just better marketed than in was say 5 years ago?

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Berkonomics

APRIL 13, 2017

Is your market identifiable and accessible? Test yourself as to whether you can identify the size of your market niche, and whether you can overcome the many barriers to access customers within your niche. How large a total market? Email readers, continue here…] Can you dominate that market?

Patents 291

Patents Pricing Ideas Marketing 291

Startup Professionals Musings

SEPTEMBER 27, 2014

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Find a recognized billion dollar and growing market.

Ideas 106

Ideas Entrepreneur Technical Review Patents 106

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. They are also seeking to find out how you handle one of the many tough questions that a new founder will get in today’s market. Don’t bash the competition.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

MAY 7, 2023

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Every business leader knows how difficult it is to keep up with a changing market. Payback on investment.

Social Network 108

Social Network Training Startup Technology 108

Startup Professionals Musings

FEBRUARY 13, 2016

Entrepreneurs who are looking to attract investors need to develop and pitch a plan -- preferably written -- that answers every potential investor question about your startup before it is asked. This is also the place to first mention patents and any other differentiators that put you ahead of competition.

Invest 108

Invest Startup Slides Equity 108

Berkonomics

MARCH 5, 2020

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. Second: Market risk. . Are you ahead or behind the market with your product or service?

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

FEBRUARY 14, 2021

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. First to market, for example, is not normally a sustainable advantage for startups. Thought leadership position in your market and customer set.

Competition 166

Competition Funding Startup Patents 166

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. They are also seeking to find out how you handle one of the many tough questions that a new founder will get in today’s market. Don’t bash the competition.

Competition 120

Competition Patents Resource Invest 120

Startup Professionals Musings

MARCH 3, 2023

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. Is it any wonder why so few entrepreneurs ever find the professional investors they seek? Here are the major elements of the best product plans: Market requirements section.

Product 112

Product Summary Activity Entrepreneur 112

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

AUGUST 15, 2020

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Every business leader knows how difficult it is to keep up with a changing market. Payback on investment.

Technology 165

Technology Social Network Training Startup 165

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. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model. Target market. Sales/Marketing.

Sales 102

Sales Customer Custom Outsource 102

Startup Professionals Musings

MARCH 14, 2020

After many years of working with angel investors seriously trying to find new ventures worthy of their hard-earned money, I find their frustration often exceeds that of entrepreneurs sincerely looking for financial help. The most investable ventures stem from painful needs by customers who have money to spend.

Funding 123

Funding Startup Entrepreneur Invest 123

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

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. Is it any wonder why so few entrepreneurs ever find the professional investors they seek? Here are the major elements of the best product plans: Market requirements section.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

OCTOBER 5, 2014

Desperate entrepreneurs lose their leverage and die young. Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. The best entrepreneurs manage cashflow ruthlessly and never delegate decisions about spending money. Use social media for early marketing.

Entrepreneur 105

Entrepreneur Search Engine Optimization Outsource Development Social Media 105

Startup Professionals Musings

MAY 14, 2023

Desperate entrepreneurs lose their leverage and die young. Of course, their answer is that the second intends to get to market faster, but every engine has limits regardless the fuel applied. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

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

InfoChachkie

JANUARY 6, 2014

An invalidated patent or one deemed to infringe the rights of another party can devastate a startup. Defensible Claims - Some companies take pride in the number of patents they own. However, there is not a direct correlation between a patent portfolio’s value and the number of patents which comprise the portfolio.

IP 210

IP Patents Journal Equity 210

Startup Professionals Musings

NOVEMBER 26, 2012

Many entrepreneurs stumble at this point, losing the deal or most of their ownership, by having no answer, saying “make me an offer,” or quoting an exorbitant number. The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary.

Startup 108

Startup Invest Patents Outsource Development 108

Startup Professionals Musings

SEPTEMBER 24, 2018

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Find a recognized billion dollar and growing market.

Ideas 83

Ideas Technical Review Patents Startup 83

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. The reality is that angel investors are humans, and personal traits often make or break the relationship, even before the investment is considered. Listens before answering questions.

Entrepreneur 117

Entrepreneur Technical Review Course Patents 117

Both Sides of the Table

JUNE 30, 2016

It is a truism that with more capital you will hire people more quickly and spend more liberally whether it’s on external contractors, PR firms, attending events, doing legal work (trademarks, patents) or whatever. You will build out features or expend to platforms — often before you have enough market feedback to warrant it.

Startup 292

Startup Software Review Pricing Entrepreneur 292

socalTECH

DECEMBER 30, 2020

    We became the largest accelerator in Southern California with 80 investments in over 30 countries globally. We now invest in more companies, include better trainers and involve 3 times more investors in the demo days. it's hard to describe just how good our investment, growth, operations and outreach team is.

Southern California 113

Southern California Technical Review Santa Monica Invest 113

Berkonomics

MARCH 14, 2019

Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit. Professional investors will probe these five risk areas and make the decision to invest based upon their comfort with each. Second: Market risk. .

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

JULY 27, 2014

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated. The same is true for filing patents, registering trademarks, and filing copyrights. Martin Zwilling.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

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

MARCH 25, 2012

You have probably heard plenty of times that being an entrepreneur is a risky business, and investors talk all the time about reducing the risk. Here is my own priority list of key risk drivers that every entrepreneur and every investor should evaluate and minimize in starting a business: Team experience and depth risk. Financial risk.

Entrepreneur 108

Entrepreneur Examples Social Network Marketing 108

socalTECH

AUGUST 29, 2013

It''s a place where people can submit their ideas and patents, and we provide a platform for them to try to find entrepreneurs who would like to work on those patents together with us an the crowd. How do entrepreneurs get involved? That gives us access to the patents from those federal labs and universities have.

Ideas 178

Ideas Patents Funding Startup 178

socalTECH

AUGUST 12, 2019

We've helped entrepreneurs raise over $225M in early stage, venture funding. Their goal is to partner in really unique ways with entrepreneurs, accelerators and investors, to create businesses and brands in new categories for P&G. We're looking for companies where their market opportunity is a billion plus.

Entrepreneur 124

Entrepreneur Metrics Los Angeles Help 124