Berkonomics

JANUARY 31, 2019

And because there was consideration paid to you in the sale, that clause is binding upon you and is effective almost everywhere. As long as you did not use patented processes or trade secret material from your previous company, you should be protected, but you might be prepared for a fight. Well, what if the buyer is now bankrupt?

Patents 120

Patents Sales Product Email 120

Berkonomics

JANUARY 31, 2019

And because there was consideration paid to you in the sale, that clause is binding upon you and is effective almost everywhere. As long as you did not use patented processes or trade secret material from your previous company, you should be protected, but you might be prepared for a fight. Well, what if the buyer is now bankrupt?

Patents 120

Patents Sales Product Email 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? Technology, architecture, and feature descriptions.

Product 112

Product Summary Activity Entrepreneur 112

Startup Professionals Musings

DECEMBER 2, 2022

There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green,” or because their goal is to reduce world hunger. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service.

Sales 102

Sales Customer Custom Outsource 102

Startup Professionals Musings

AUGUST 12, 2015

As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. An entrepreneur looking for a sure thing will never innovate. Innovative technologies have no value until they are turned into solutions to real customer problems. Followers and linear thinkers need not apply.

Entrepreneur 101

Entrepreneur Startup Coach Metrics 101

Startup Professionals Musings

AUGUST 18, 2018

As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. An entrepreneur looking for a sure thing will never innovate. Innovative technologies have no value until they are turned into solutions to real customer problems. Followers and linear thinkers need not apply.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

Startup Professionals Musings

SEPTEMBER 15, 2013

You don’t need to invent an innovative product to be a real entrepreneur. Many of these new entrepreneurs were regular employees a few years ago, focused on a skill specialty. Now some never see the people they support, but are experts on the technology involved. We are becoming a society of entrepreneurs. Marty Zwilling.

Entrepreneur 106

Entrepreneur Services Search Engine Optimization Startup 106

Startup Professionals Musings

SEPTEMBER 24, 2014

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. I don’t have a business plan, but the technology is disruptive.” business business plan entrepreneur investor technology'

Entrepreneur 119

Entrepreneur Technical Review Statistics Startup 119

Startup Professionals Musings

JULY 25, 2020

As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. An entrepreneur looking for a sure thing will never innovate. Innovative technologies have no value until they are turned into solutions to real customer problems. Followers and linear thinkers need not apply.

Coach 144

Coach Metrics Social Network Competition 144

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? Technology, architecture, and feature descriptions.

Product 101

Product Entrepreneur Summary Activity 101

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 expensive resources up front.

Startup 100

Startup Entrepreneur Technical Review Equity 100

Startup Professionals Musings

AUGUST 26, 2020

Unfortunately, many inventors I know are stuck at this stage, being great technologists, but not so great as entrepreneurs. Dyson, for example, invented over 5,000 prototypes before he perfected his bagless home vacuum technology with a constant suction. As a result, their inventions languish and never make them a dollar.

Customer 136

Customer Custom Examples .Net 136

Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. What you don’t realize is these famous investors only deal with entrepreneurs who sold their last company for a $100M dollars or more. and trademarks.

Product 169

Product Summary Startup Examples 169

InfoChachkie

AUGUST 10, 2010

“Good Lord Boyet, my beauty, though but mean, Needs not the painted flourish of your praise: Beauty is bought by judgment of the eye, Not uttered by base sale of chapmen’s tongues” . Patents held by startups generally have a limited ability to reduce competition. Intellectual Property (IP) is an ugly thing at a startup.

IP 256

IP Patents Company Companies 256

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. They tell these entrepreneurs to sell themselves, execute well, and grow organically.

Startup 111

Startup Training Services Writing 111

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. They tell these entrepreneurs to sell themselves, execute well, and grow organically.

Startup 174

Startup Training Services Writing 174

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. Martin Zwilling.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

Startup Professionals Musings

JANUARY 6, 2023

As an advisor to business professionals and entrepreneurs, I often hear about an innovative new solution that could lead to business growth or a new business. Be customer focused, not technology focused. Elon Musk mitigated this by making his battery patents free to all. You are just as important as your innovative idea.

Tips 80

Tips Startup Satisfaction Ideas 80

Startup Professionals Musings

DECEMBER 18, 2022

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. I don’t have a business plan, but the technology is disruptive.” Both of these approaches are a waste of your time and theirs.

Technical Review 109

Technical Review Startup Statistics Social Media 109

Startup Professionals Musings

SEPTEMBER 8, 2018

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. Of course it helps to have innovative technologies before you start building a business.

Technical Review 86

Technical Review Patents Ideas Journal 86

Startup Professionals Musings

FEBRUARY 21, 2011

You don’t need to invent an innovative product to be a real entrepreneur. Self-employed services specialists are just as important, and are a growing part of this new “ age of the entrepreneur ” that I discussed last week. Many of these new entrepreneurs were regular employees a few years ago, focused on a skill specialty.

Entrepreneur 89

Entrepreneur Services Product Search Engine Optimization 89

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 expensive resources up front.

Entrepreneur 102

Entrepreneur Technical Review Startup Equity 102

Startup Professionals Musings

JULY 18, 2014

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. Of course, it helps to have innovative technologies before you start building a business.

Ideas 106

Ideas Technical Review Patents Entrepreneur 106

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

InfoChachkie

MAY 9, 2011

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Entrepreneurs should never agree to the following provisions when negotiating with a BDC, no matter how lucrative the potential relationship. Kiss of Death ConTraps. Issue Unmitigated Exclusivity.

Outsource Development 170

Outsource Development Entrepreneur Press Technical Review 170

socalTECH

AUGUST 18, 2017

How did the company and its technology come about? Marcus Filipovich: Our other founder, Ron Waldorf, is a serial entrepreneur, primarily in the medical business. They set aside what they were working on, and started working on bringing this technology to law enforcement. However, in 2014, it was time to restart that effort.

Pasadena Angels 100

Pasadena Angels Pasadena Technical Review Southern California 100

Xconomy

JULY 5, 2016

According to OrthoWorx, a community-industry partnership in the global orthopedic sector, the cluster of orthopedic businesses in Warsaw has more than $11 billion in annual sales, which is almost one-third of the industry’s world sales volume. Some of these entrepreneurs are faculty and staff members who license their own work.

Patents 67

Patents Research Anthem Education 67

Startup Professionals Musings

MAY 7, 2021

If your passion is a new technology, make sure you understand how it fits into the existing social culture, the environment, and political realities. I find that some of the smartest entrepreneurs are the most reluctant to accept new realities, and unwisely keep charging down a road now leading in a new direction.

Patents 138

Patents Mentor Customer Custom 138

Startup Professionals Musings

MARCH 21, 2020

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. I don’t have a business plan, but the technology is disruptive.” Both of these approaches are a waste of your time and theirs.

Technical Review 124

Technical Review Statistics Startup Social Media 124

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. Some dreams sound great, but may not yet be viable or proven with today’s technology. Any startup with no patents, trade secrets, or other secret sauce is very high risk today.

Ideas 94

Ideas Slides Technical Review Patents 94

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. Unfortunately, customers look for value in solving their problem, and new technologies alone scare them, so these solutions don’t get bought by customers, or funded. But it’s critical to have one.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

AUGUST 20, 2016

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. Of course it helps to have innovative technologies before you start building a business.

Technical Review 60

Technical Review Patents Ideas Journal 60

Startup Professionals Musings

FEBRUARY 15, 2011

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. Technology costs. Sales and marketing costs. Here are a few examples: Setting up the business. Marty Zwilling.

Entrepreneur 94

Entrepreneur Startup Search Engine Optimization SEM 94

InfoChachkie

SEPTEMBER 4, 2012

Most sophisticated investors ignore them, focusing their attention on an entrepreneur's pitch and presentation materials, financial forecast and executive summary. As noted in Entrepreneurs Shouldn't Pitch Their Ideas To Venture Capitalists , most sophisticated investors place their bets on people rather than opportunities.

Venture Capital 211

Venture Capital Summary Technical Review Template 211

Startup Professionals Musings

JUNE 12, 2019

Traditionally, you just worried about the quality of the sales transaction (price, speed, service), but the “customer experience” now includes ease of pre-sale shopping, post-sale support, with a connected relationship throughout. This can save them grief, as well as reduce your own marketing and sales costs.

Customer 96

Customer Custom Coach Pricing 96

socalTECH

OCTOBER 22, 2020

Krisztina Holly: We are an early stage fund, known for our ability to discovery and cultivate very complex science and technology deals. We just launched a third, $100M fund focused on seed to Series A investments in transformative science and technology companies. We do pre-Seed to Series A deals. We discovered them very early.

Southern California 124

Southern California Capital Technical Review Startup 124