Startup Professionals Musings

AUGUST 30, 2014

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. Often new technologies are seen by senior decision-makers as new opportunities for litigation and hack attacks.

Customer 98

Customer Custom Technology Startup 98

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? Now we soon expect a computer on every wrist.

Ideas 106

Ideas Entrepreneur Technical Review Patents 106

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. You don’t have enough hours in a day, or trained people, to succeed with lower margins in a services startup.

Startup 174

Startup Training Services Writing 174

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. Training and coaching. Value creation.

Entrepreneur 101

Entrepreneur Startup Coach Metrics 101

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. Look for technologies to adapt from other domains. Insights from these technologies are often not seen by the original inventor industries. Be willing to share technology to promote standards.

Artificial Inteligence 114

Artificial Inteligence Ideas Satisfaction Customer 114

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

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. Remember the transportation transitions from horses to autos to trains to airplanes. No investor wants to be tied to a “one-trick pony.”

Competition 166

Competition Funding Startup Patents 166

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, 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. Training and coaching. Value creation.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

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

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. Martin Zwilling.

Competition 125

Competition Entrepreneur Patents Customer 125

Startup Professionals Musings

SEPTEMBER 16, 2018

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. Often new technologies are seen by senior decision makers as new opportunities for litigation and hackers.

Social Network 91

Social Network Training Startup Technology 91

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. New entrepreneurs tend to focus only on product direct costs, and underestimate marketing and sales costs, overhead costs, and support costs.

Sales 102

Sales Customer Custom Outsource 102

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? Now we are starting to see a computer on every wrist.

Ideas 83

Ideas Technical Review Patents Startup 83

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. Training and coaching. Value creation.

Coach 144

Coach Metrics Social Network Competition 144

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. Breeding and his cofounders will receive a $5,000 grant from VentureWell to help build the company.

Startup 70

Startup Funding Training Ideas 70

Startup Professionals Musings

OCTOBER 15, 2012

It also makes legal sense to never disclose the details of your patent application, before the product is ready to ship. Openness is part of the business culture of entrepreneurs and technology centers around the world. But otherwise, startup companies should seek out publicity and the open sharing of information, from day one.

Entrepreneur 101

Entrepreneur Search Engine Optimization Startup News 101

socalTECH

AUGUST 18, 2017

How did the company and its technology come about? He's trained many thousands of people over the decades for the program, which is now nationwide, in Canada, the United Kingdom, and around the world. Marcus Filipovich: Our other founder, Ron Waldorf, is a serial entrepreneur, primarily in the medical business.

Pasadena Angels 100

Pasadena Angels Pasadena Technical Review Southern California 100

Startup Professionals Musings

AUGUST 31, 2016

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. Often new technologies are seen by senior decision makers as new opportunities for litigation and hackers.

Social Network 58

Social Network Startup Training Technology 58

socalTECH

DECEMBER 11, 2009

Thanks to all of our sponsors, who make our coverage of Southern California's technology industry possible: Sponsors. Backing Southern California's next great technology companies. Helping entrepreneurs succeed. Binary Pulse Technology Marketing (www.binarypulse.com). Custom Insurance Programs for Technology Companies.

Southern California 133

Southern California IP Orange County Glendale 133

Startup Professionals Musings

JANUARY 27, 2020

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers. For example, “I have patented a new tire that will double the wear mileage at half the cost.”

Sample 127

Sample Summary Startup Slides 127

Startup Professionals Musings

NOVEMBER 5, 2018

As a self-made entrepreneur and former chairman of Diamond Resorts International, he asserts that the five biggest companies by market value today, Google, Facebook, Microsoft, Amazon, and Apple, aren’t really tech, but hospitality companies. I just finished a new book by Stephen J. Commit to continuous improvement.

Technical Advisors 82

Technical Advisors Artificial Inteligence Customer Custom 82

Startup Professionals Musings

SEPTEMBER 11, 2016

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? Now we soon expect a computer on every wrist.

Technical Review 58

Technical Review Ideas Patents Startup 58

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. You don’t have enough hours in a day, or trained people, to succeed with lower margins in a services startup.

Services 72

Services Startup Training Writing 72

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

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. You don’t have enough hours in a day, or trained people, to succeed with lower margins in a services startup.

Services 105

Services Startup Training Writing 105

Startup Professionals Musings

FEBRUARY 10, 2012

A good answer might be “We have several patents on the base technology, which is so robust that we expect to roll out new products every year for the next ten years, always staying a step ahead of our competitors.” Remember that cars compete with trains, so alternative solutions, or doing nothing, are real competition. “We

Patents 90

Patents Competition IBM IBM 90

Startup Professionals Musings

OCTOBER 29, 2010

A good answer might be “We have several patents on the base technology, which is so robust that we expect to roll out new products every year for the next ten years, always staying a step ahead of our competitors.” Remember that cars compete with trains, so alternative solutions, or doing nothing, are competition. “We

Competition 89

Competition Patents IBM IBM 89

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. Remember the transportation transitions from horses to autos to trains to airplanes. competitive advantage entrepreneur investor startup'

Competition 93

Competition Startup Patents Slides 93

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. You don’t have enough hours in a day, or trained people, to succeed with lower margins in a services startup.

Services 61

Services Startup Training Writing 61

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. Martin Zwilling.

Competition 62

Competition Entrepreneur Patents Customer 62

Startup Professionals Musings

MARCH 4, 2016

The good news is that everyone expects entrepreneurs to make mistakes, since founders explore uncharted territory. It’s tempting to tell everyone about all the future potential uses of your new technology and risk confusing them, having them wait for your future or disappoint them with several poor solutions. Hire slow and fire fast.

Startup 59

Startup Training Entrepreneur Customer 59

Startup Professionals Musings

AUGUST 14, 2016

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. Training and coaching. Value creation.

Coach 64

Coach Metrics Competition Ideas 64

Startup Professionals Musings

JULY 31, 2017

I hear it all the time as an angel investor, but I also see that same naïve or cavalier attitude come back to haunt entrepreneurs once they really get out in the marketplace. A strong work ethic is great, but patents and intellectual property are critical. Are you prepared to hire and train team members required?

Metrics 58

Metrics Resource Startup Training 58

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 value of patents and trademarks is not certifiable, especially if you are only at the provisional stage. All principals and employees add value.

Startup 108

Startup Invest Patents Outsource Development 108

Startup Professionals Musings

AUGUST 8, 2014

Despite some recent advances, there are still some cultures which have less regard for patents and other intellectual property. Leading edge technology software and manufacturing require constant course corrections and iterative restarts. core competency entrepreneur near shoring offshoring outsource startup' Marty Zwilling.

Outsource Development 95

Outsource Development Outsource Offshore Software Review 95

Startup Professionals Musings

NOVEMBER 12, 2012

Every entrepreneur should spend plenty of time thinking about competitors, and how they relate to your business, but you need to be very careful what you say out loud about them to your team, your investors, and your customers. Being first to offer something is often used to cover the fact that you have no patent or intellectual property.

Startup 100

Startup Competition Patents Training 100