Startup Professionals Musings

MAY 17, 2020

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Startup 174

Startup Writing Entrepreneur Ideas 174

Startup Professionals Musings

JULY 30, 2014

Risk level has always been directly correlated to the number of unknowns, so eliminating even one variable will improve your odds: Eliminate one aspect of research and development. According to a recent Harvard Research study, first-time inventors spend at least a third more on their initial technology than later innovators.

Technology 103

Technology Entrepreneur Study Research 103

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

JUNE 15, 2020

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition. Position your solution in the world market.

Competition 125

Competition Entrepreneur Patents Customer 125

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

JANUARY 21, 2023

Some entrepreneurs seem to think that their product pitch is also their investor pitch. Research your audience before presenting. The most respected presenters are the ones who have done the research before-hand to know who is in the audience, and have tailored their message to these interests.

Slides 147

Slides Funding Technical Review Startup 147

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. Too little focus on marketing.

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

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. They are not interested in research and development, or funding at the idea stage. Lack of intellectual property.

Funding 123

Funding Startup Entrepreneur Invest 123

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. Second: Market risk. . Email readers, continue here…] Are you ahead or behind the market with your product or service? Make you wealthy someday.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Outside investors are most interested in scaling a proven business model, not research and development. Business people know how to downplay the technology and market the value of the solution.

Technical Review 101

Technical Review Patents Entrepreneur Customer 101

Xconomy

JULY 5, 2016

The Indiana Business Research Center at Indiana University shared data that shows the state is the nation’s second-largest exporter of life sciences products , with $9.9 Several world-class research institutions are located in the state, including Indiana University, Purdue University, and the University of Notre Dame.

Patents 67

Patents Research Anthem Education 67

Tech Zulu Event

AUGUST 28, 2013

Helping solicit new business ideas and patents from individuals, federal research labs, universities and other R&D organizations countrywide. Members submit ideas and patents, the JumpStartFund community members and the JumpStartFund team vets them. El Segundo, CA based JumpStarter Inc., Social network for investors.

El Segundo 76

El Segundo Social Network Startup Patents 76

Startup Professionals Musings

AUGUST 12, 2019

Most entrepreneurs are quick to assert to potential investors that their product or solution will kill the competition, but unfortunately your opinion alone is not enough to convince most experienced investors. First of all, you need some convincing market research that your solution addresses a real and growing problem.

Competition 86

Competition Patents Startup Customer 86

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

Berkonomics

MARCH 15, 2012

In the creation of a new enterprise, there are five principal risks to be addressed by the entrepreneur. So it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. Second: Market risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

MARCH 7, 2011

Based on my own experience and feedback from friends, every investor is approached by at least ten entrepreneurs with a “hot idea” for a new business, for every one who has a real “plan” for a new business. In fact, you can find websites full of ideas, like these “ Free Innovative Ideas ,” by serial entrepreneur Kim E.

Ideas 104

Ideas Entrepreneur Summary Startup 104

Tech.Co

NOVEMBER 27, 2017

Jennifer Monti, MD, a cardiologist and entrepreneur, is the director of Maine Medical Center’s new ‘Innovation Cohort’. Monti tells the Maine Startups Insider that she wanted to create The Innovation Cohort because she believes current tools and services on the market are not doing enough to solve some of healthcare’s biggest challenges.

IP 70

IP Patents Ideas Research 70

Startup Professionals Musings

NOVEMBER 4, 2019

Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea. I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

MAY 30, 2012

If you are an entrepreneur starting a business for the first time, I recommend that you find a product concept that is already accepted and improve on it, rather than tackling that ultimate disruptive technology. Of course, the first one gets the patent. Try a new country or market. Learn from competitors and early adopters.

Patents 84

Patents Startup Statistics Course 84

Startup Professionals Musings

APRIL 29, 2020

Some entrepreneurs seem to think that their product pitch is also their investor pitch. Research your audience before presenting. The most respected presenters are the ones who have done the research before-hand to know who is in the audience, and have tailored their message to these interests.

Startup 118

Startup Slides Technical Review Research 118

Startup Professionals Musings

APRIL 1, 2015

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Startup 105

Startup Entrepreneur Writing Ideas 105

Startup Professionals Musings

SEPTEMBER 13, 2014

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements about them to their own team, investors and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition.

Competition 107

Competition Entrepreneur Patents Customer 107

Startup Professionals Musings

FEBRUARY 26, 2011

If you are an entrepreneur starting a business for the first time, I recommend that you find a product concept that is already accepted and improve on it, rather than tackling that ultimate disruptive technology. Of course, the first one gets the patent. Try a new country or market. Learn from competitors and early adopters.

Startup 91

Startup Patents Statistics Course 91

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. File a provisional patent or other intellectual property.

Platform 94

Platform Equity Invest Technical Advisors 94

Startup Professionals Musings

JUNE 12, 2016

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition. Position your solution in the world market.

Competition 62

Competition Entrepreneur Patents Customer 62

Startup Professionals Musings

NOVEMBER 11, 2013

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. Too little focus on marketing.

Startup 100

Startup Ideas Entrepreneur Resource 100

Startup Professionals Musings

FEBRUARY 22, 2012

No known patents filed. Maybe the solution hasn’t yet been commercialized, but a patent has been submitted by someone else, putting your idea in jeopardy. Another series of searches on Google Patents and the US Patent Office site and Free Patents Online is in order at this point. Large and growing market.

Ideas 97

Ideas Patents Startup Google 97

Startup Professionals Musings

APRIL 3, 2016

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Startup 57

Startup Entrepreneur Writing Ideas 57

Berkonomics

NOVEMBER 29, 2018

But only recently did I read a clear document on the risks and rewards of patent strategy. Thanks to Russ Krajec, a patent attorney, for the quick improvement in my education, here are some important points to consider when thinking of your patent strategy. What is the true cost of patenting an idea? And private.

Patents 168

Patents Startup Ideas Research 168

Startup Professionals Musings

JULY 3, 2013

Based on my own experience and feedback from friends, every investor is approached by at least ten entrepreneurs with a “hot idea” for a new business, for every one who has a real “plan” for a new business. In fact, you can find websites full of ideas, like these “ Free Innovative Ideas ,” by serial entrepreneur Kim E. Marty Zwilling.

Ideas 106

Ideas Startup Summary CalTech 106

socalTECH

MARCH 31, 2014

That data--if you could just find the right piece--could be useful in a number of areas, particularly in the financial markets. Bitvore is based in Irvine, and is backed by serial entrepreneur Yuri Pikover, as well as other angels. I was hired to head up strategy, marketing development, and product management. out of UC Irvine.

Orange County 245

Orange County Startup News IBM 245

InfoChachkie

FEBRUARY 20, 2012

Mark noted that even if an entrepreneur does not become a master developer, by simply understanding the software development process, they will be a more effective startup leader. Microsoft’s success is proof that the best technology is not required in order to dominate a market. No one ever accused Bill of being a master programmer.

Tips 275

Tips Startup IP Santa Barbara 275

SoCal Delicious

MAY 6, 2012

where entrepreneurs share their stories. 63 Los Angeles Entrepreneurs To Be Proud Of By mario on May 2, 2012 in Features , grid. Free Corporations For First-Time Entrepreneurs. Right now they’re setting up 500 free corporations for first time entrepreneurs. Here are 62 63 Los Angeles entrepreneurs we can be proud of.

Los Angeles 78

Los Angeles Entrepreneur Angel Fractional CTO 78

Startup Professionals Musings

AUGUST 1, 2016

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. They are not interested in research and development, or funding at the idea stage. Lack of intellectual property.

Entrepreneur 57

Entrepreneur Invest Funding Patents 57

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. 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 55

Product Startup Summary Entrepreneur 55

Startup Professionals Musings

JANUARY 14, 2011

No known patents filed. Maybe the solution hasn’t yet been commercialized, but a patent has been submitted by someone else, putting your idea in jeopardy. Another series of searches on Google Patents and the US Patent Office site and Free Patents Online is in order at this point. Large and growing market.

Ideas 94

Ideas Patents Startup Google 94

Startup Professionals Musings

JANUARY 19, 2015

Some entrepreneurs seem to think that their product pitch is also their investor pitch. Research your audience before presenting. The most respected presenters are the ones who have done the research before-hand to know who is in the audience, and have tailored their message to these interests. Don’t forget to ask for the order.

Slides 105

Slides Technical Review Startup Research 105