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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

You may think that patents and copyrights are not required, since your products are so innovative, but you will find that competitors are quick to copy your idea if you don’t protect it. Although Elon Musk doesn’t talk about it very much, he owns over 350 patents through Tesla, just one of his many companies.

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6 Keys To Funding Based On Your Marketplace Advantage

Startup Professionals Musings

Here are some of the key ones: Patent protection in place as a barrier to entry. Investors understand that patents can be broken by unscrupulous competitors, but they prove your conviction that you have created something innovative, and are willing to do the work to defend it. Clear product differentiation and a singular focus.

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Maintain Your Startup Motivation While Working Harder

Startup Professionals Musings

Having enough revenue to finally give yourself a salary is an inspiring event, and one that you should savor. Watch that patent provide a real barrier to competitive entry. Keeping expenses down must always be top priority. One approach, which is even more work, is to keep tasks in-house rather than outsourcing.

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Balance Your Focus Between Passion And Perspiration

Startup Professionals Musings

Having enough revenue to finally give yourself a salary is an inspiring event, and one that you should savor. Watch that patent provide a real barrier to competitive entry. Keeping expenses down must always be top priority. One approach, which is even more work, is to keep tasks in-house rather than outsourcing.

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10 Marketing Strategies To Drive Exponential Growth

Startup Professionals Musings

Sponsor some friendly competitive events with prizes. Elon Musk and Tesla made their battery patents available to anyone, to clear the path for market infrastructure growth and compatibility, which of course benefits Tesla. Let your highly motivated customers be your best marketing advocates for new customers.

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6 Guidelines On How And When To Use Non-Disclosures

Startup Professionals Musings

Get an NDA before detailed patent disclosures. Entrepreneurs should never disclose the details of a planned or current patent application to any outsiders, until after a non-disclosure or other contract has been signed. Some entrepreneurs avoid the patent process, since patent details become public once a patent is issued.

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Investor Secrets For Smart Competitive Positioning

Startup Professionals Musings

Here are some of the key ones: Patent protection in place as a barrier to entry. Investors understand that patents can be broken by unscrupulous competitors, but they prove your conviction that you have created something innovative, and are willing to do the work to defend it. Clear product differentiation and a singular focus.