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. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

SEPTEMBER 2, 2018

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. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Services 72

Services Startup Training Writing 72

InfoChachkie

MARCH 4, 2019

In addition to creating a franchise chain which exceeded 500 locations at its peak, Martha Harper was also one of the world’s first social entrepreneurs, helping thousands of middle-class women create their own businesses and control their destinies. Social Entrepreneuring (Before It Was Cool). Martha’s Legacy Lives On.

Entrepreneur 100

Entrepreneur Class Template Patents 100

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Target market. Sales/Marketing.

Sales 102

Sales Customer Custom Outsource 102

Berkonomics

MARCH 5, 2020

In the creation of a young company, 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. First: Product risk. . compete in the marketplace?

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

MAY 1, 2021

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. You have figured out how to undercut your competitor’s price, and still hold your margin. Success is the right balance of both for fun and profit.

Startup 160

Startup Patents Competition Social Network 160

Startup Professionals Musings

JUNE 27, 2014

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. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Services 105

Services Startup Training Writing 105

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. Don’t bash the competition.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

SEPTEMBER 26, 2020

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Entrepreneurs who have been really transformative, like Steve Jobs and Walt Disney, seemed to know how to deal with all the right elements. Seek innovation that begets invention. Failure is an option.

Startup 171

Startup Ideas Entrepreneur Competition 171

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. All of these are competitors in terms of speed, price, or luxury. No investor wants to be tied to a “one-trick pony.”

Competition 166

Competition Funding Startup Patents 166

Startup Professionals Musings

AUGUST 17, 2016

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. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Services 61

Services Startup Training Writing 61

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. Don’t bash the competition.

Competition 120

Competition Patents Resource Invest 120

Startup Professionals Musings

JULY 17, 2022

Every entrepreneur and every business needs a strategy to keep them focused. It might be a patented technology, but it could also be the creativity of employees or logistic competencies of the company. This could be the utilization rate of a plant, the price premium of the brand, or the service offered or products sold.

Organization 118

Organization Course Patents Entrepreneur 118

Startup Professionals Musings

AUGUST 8, 2016

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Thus I was pleased and a bit surprised to see a new book, “ The Purpose Is Profit ,” by Ed “Skip” McLaughlin, an entrepreneur who has both succeeded and failed in starting multiple businesses.

Entrepreneur 58

Entrepreneur Ideas Pricing Customer 58

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.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

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

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. Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? So, let’s examine them and mitigate them.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

APRIL 29, 2012

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. You have figured out how to undercut your competitor’s price, and still hold your margin. Success is the right balance of both for fun and profit.

Entrepreneur 102

Entrepreneur Patents Startup Ideas 102

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. First: Product risk. And fifth: Competitive risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

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. Any startup with no patents, trade secrets, or other secret sauce is very high risk today. Make the product or service come alive. Make sure your solution is defensible and unique.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

SEPTEMBER 30, 2013

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 give away your product or service to the first 10 customers, that’s a good learning experience, but it’s not real traction. milestones entrepreneur startup funding business'

Funding 112

Funding Entrepreneur Startup CTO Hire 112

Startup Professionals Musings

AUGUST 2, 2015

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. Don’t bash the competition.

Startup 118

Startup Competition Patents Resource 118

Startup Professionals Musings

DECEMBER 9, 2018

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Entrepreneurs who have been really transformative, like Steve Jobs and Walt Disney, seemed to know how to deal with all the right elements. Seek innovation that begets invention. Failure is an option.

Guide 95

Guide Startup Ideas Entrepreneur 95

Startup Professionals Musings

NOVEMBER 5, 2016

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Entrepreneurs who have been really transformative, like Steve Jobs and Walt Disney, seemed to know how to deal with all the right elements. Seek innovation that begets invention. Failure is an option.

Startup 103

Startup Ideas Entrepreneur Competition 103

InfoChachkie

NOVEMBER 3, 2011

Their primary intended reader is a “first-time entrepreneur”, but clearly other stakeholders within the startup universe can also benefit from the book’s hands-on advice. They are both former entrepreneurs and current Partners at Foundry Group , a highly successful, early stage venture firm. The Magicians Tells Their Secrets.

Venture Capital 205

Venture Capital Entrepreneur Writing Guide 205

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. Evidence of success using this approach is all around us.

Patents 84

Patents Startup Statistics Course 84

Startup Professionals Musings

JANUARY 27, 2018

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. Don’t bash the competition.

Competition 51

Competition Patents Resource Entrepreneur 51

Startup Professionals Musings

OCTOBER 12, 2019

Every entrepreneur and every business needs a strategy to keep them focused. It might be a patented technology, but it could also be the creativity of employees or logistic competencies of the company. This could be the utilization rate of a plant, the price premium of the brand, or the service offered or products sold.

Organization 88

Organization Course Patents Entrepreneur 88

socalTECH

FEBRUARY 9, 2010

Helping entrepreneurs succeed. An on-line community for entrepreneurs. and international patent and trademark procurement - IP Litigation - IP Licenses and Agreements: distribution, development, joint venture - Intellectual property aspects of mergers and acquisitions. We put the "Service" back into Internet Service Provider.

Southern California 113

Southern California Tech Coast Angels IP Orange County 113

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. Evidence of success using this approach is all around us.

Startup 91

Startup Patents Statistics Course 91

Startup Professionals Musings

MAY 18, 2013

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. You have figured out how to undercut your competitor’s price, and still hold your margin. entrepreneur startup perspiration inspiration business'

Startup 100

Startup Patents Competition Social Network 100

Startup Professionals Musings

AUGUST 14, 2014

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. All of these are competitors in terms of speed, price, or luxury. competitive advantage entrepreneur investor startup' Marty Zwilling.

Competition 93

Competition Startup Patents Slides 93

socalTECH

FEBRUARY 18, 2010

We recently ran into Dave Compton , Chairman and CEO of Ventura-based NetPlenish.com (www.netplenish.com), a early stage startup working on a service which will automatically re-order items for consumers. Dave gave us an overview of the service and what it hopes to do. Are you running now, or when will your service be available?

Compton 138

Compton Ventura Startup IP 138

Startup Professionals Musings

APRIL 17, 2015

Every entrepreneur and every business needs a strategy to keep them focused. It might be a patented technology, but it could also be the creativity of employees or logistic competencies of the company. This could be the utilization rate of a plant, the price premium of the brand, or the service offered or products sold.

Customer 102

Customer Custom Organization Course 102

Startup Professionals Musings

APRIL 28, 2013

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.

Startup 104

Startup Examples Entrepreneur Social Network 104

Startup Professionals Musings

MARCH 14, 2013

Every entrepreneur has an idea for transforming a market with innovative new technology, or transforming society with a new process. Entrepreneurs who have been really transformative, like Steve Jobs and Walt Disney, seemed to know how to deal with all the right elements. Seek innovation that begets invention. Failure is an option.

Startup 105

Startup Ideas Entrepreneur Competition 105

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. Business model showing costs, pricing, and margins. Solo entrepreneurs have a hard time finding an investor. Of course, you wouldn’t include this data in your customer product pitch.

Product 58

Product Slides Entrepreneur Invest 58