Startup Professionals Musings

FEBRUARY 14, 2021

First to market, for example, is not normally a sustainable advantage for startups. Here are some of the key ones: Patent protection in place as a barrier to entry. For example, “Company A is representative of many who provide commodity solutions in this space.” Investors are wary of a crowded space.

Competition 166

Competition Funding Startup Patents 166

Startup Professionals Musings

MAY 15, 2020

For example, I usually hear about an aggressive marketing budget, with a plan to penetrate a few big retail chains, and some videos to catch your attention on YouTube. Examples include the Nike Run Club app where people participate in challenges and win trophies. Offer an alliance with competitors to expand the market.

Marketing 170

Marketing Startup Examples Custom 170

Startup Professionals Musings

MAY 29, 2010

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. Yet the software patent process is a mess. I say this with conviction even after I survived the process, and have a software patent pending. Patents granted that don’t meet the criteria.

Patents 50

Patents Software Technical Advisors IBM 50

Startup Professionals Musings

JULY 23, 2021

You have done everything to register your brand legally , including domains, copyrights, patents, and trademarks. For example, a few years ago Wells Fargo seriously damaged its brand trying to grow the business by creating accounts without proper customer consent. There are many comparable examples of big hits.

Examples 170

Examples Custom Customer Social Media 170

Startup Professionals Musings

JUNE 26, 2020

Thus I offer the following outline for how to organize and present your business plan, with specific examples: Start with outlining the customer problem, and your solution. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” and trademarks.

Product 169

Product Summary Startup Examples 169

socalTECH

JUNE 23, 2011

An example is one we recently launched with Virgin Mobile and Katy Perry, where we allow people to volunteer to help youth homelessness, track that with our patent-pending cause tracking and rewards systems, and where those volunteers can get tickets to a concert.

Causecast 222

Causecast Startup Content Education 222

Berkonomics

DECEMBER 31, 2020

First, an example of grant-based financing . I was chairman of a company that, for twelve years never took a dollar of outside investment. The company was funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all.

Equity 156

Equity Writing Education Research 156

SoCal CTO

SEPTEMBER 20, 2011

What you will convey in your conversations What protections you will place on those communications For example, you might decide that portions of your concept will be controlled more closely (a secret algorithm). Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property?

Startup 211

Startup IP Ideas Patents 211

socalTECH

MARCH 2, 2015

NextVR said it will use its own patented light field technology in its 3D virtual reality capture, saying its use of the technology will allow viewers to "peer around" objects within a live VR scene. NextVR said the technology might allow, for example, looking behind a referee in a sports game to see the players behind that referee.

Technology 100

Technology Patents Examples Platform 100

Startup Professionals Musings

AUGUST 9, 2012

In my experience, there is no magic gene involved, just simple good habits executed consistently and convincingly until everyone around you in a startup wants to follow your example. This leading by example is easy to say, but not so easy to put into action. Get in the habit of asking questions but do not expect easy answers.

Startup 104

Startup Examples Entrepreneur Ideas 104

SoCal CTO

SEPTEMBER 20, 2011

What you will convey in your conversations What protections you will place on those communications For example, you might decide that portions of your concept will be controlled more closely (a secret algorithm). Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property?

Startup 198

Startup IP Ideas Patents 198

Startup Professionals Musings

SEPTEMBER 18, 2022

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” Facebook spent over $150 million before revenue. Intellectual property as barrier to entry.

Competition 133

Competition Patents Resource Invest 133

Startup Professionals Musings

NOVEMBER 9, 2022

An excellent example is the initiative by Elon Musk and Tesla Motors a few years ago to give away their battery patents, to infrastructure and competitive car providers, without transactional agreements. FabLab s is an example of a new class of facilities for entrepreneurs to start experimenting early.

IBM 131

IBM IBM Startup Examples 131

socalTECH

AUGUST 8, 2012

It was a series of different technologies we had ot develop and apply for patents on, and now that we have it, we're working on a prototype. Not only that, but we're able to display it on any display device, including TV sets, whether they are 2D or 3D, computers, projectors, and handheld devices. I was doing that until 1995.

Startup 252

Startup Sites Patents Outsource Development 252

Startup Professionals Musings

FEBRUARY 13, 2021

For example, I’m not sure the world needs one more social media niche site, or another dating site, or yet another flavored drink alternative. For example, smart entrepreneurs look for recognizable patterns in disconnected domains. Successful people look for complementary co-founders, and hire a multi-faceted team.

Startup 162

Startup Metrics Ideas Entrepreneur 162

Startup Professionals Musings

FEBRUARY 14, 2020

An excellent example is the initiative by Elon Musk and Tesla Motors a few years ago to give away their battery patents, to infrastructure and competitive car providers, without transactional agreements. FabLab s is an example of a new class of facilities for entrepreneurs to start experimenting early.

Startup 124

Startup IBM IBM Examples 124

Startup Professionals Musings

JUNE 21, 2012

On the other hand, if you intend to patent an idea, you need a signed confidentiality agreement from everyone knowing details, or you will legally lose patent rights. Prior to patent application. As I mentioned earlier, you should never disclose details of a potential patent to anyone without getting a signed and dated NDA.

Startup 97

Startup Patents Sample Ideas 97

socalTECH

JULY 31, 2013

By way of example, our access point looks like a Wi-Fi router, but it has a coverage zone of 200 miles, depending on the obstructions that are in the way. For example, you can but this next to a WiFi router and you wouldn''t see any interference from that. Kevin Hell: Essentially, we connect the internet of things.

Technical Review 213

Technical Review Software Review Networking Technology 213

Startup Professionals Musings

SEPTEMBER 27, 2014

These days, you can find existing patents and trademarks through Google and the US Patent Office online site without spending thousands of dollars with your favorite patent attorney. Of course, existing patents don’t stop you from innovating, but charging ahead into a wall is no fun. Minimize infrastructure dependencies.

Ideas 106

Ideas Entrepreneur Technical Review Patents 106

Startup Professionals Musings

MAY 13, 2023

These days, you can find existing patents and trademarks through Google and the US Patent Office online site without spending thousands of dollars with your favorite patent attorney. Of course, existing patents don’t stop you from innovating, but charging ahead into a wall is no fun. Minimize infrastructure dependencies.

Ideas 106

Ideas Technical Review Patents Startup 106

Startup Professionals Musings

JULY 10, 2012

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. Disclosing inventions before the patent application is filed. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding. There is no excuse for not filing at least a provisional patent early.

Startup 99

Startup Patents Legalzoom Invest 99

Startup Professionals Musings

JUNE 3, 2020

Good examples of initial focus by an entrepreneur would include Jeff Bezos when he started Amazon as an online marketplace for books only, and Elon Musk starting PayPal as an online bank. You will find it highlighted, for example, in most articles about Jeff Bezos and Elon Musk even today.

Entrepreneur 126

Entrepreneur Startup Patents Resource 126

Startup Professionals Musings

MAY 2, 2011

Here are five of the most common examples: Failure to document a founder agreement at the beginning. Disclosing inventions before the patent application is filed. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding. There is no excuse for not filing at least a provisional patent early.

Entrepreneur 98

Entrepreneur Patents Invest Startup 98

Startup Professionals Musings

DECEMBER 14, 2019

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” Facebook spent over $150 million before revenue. Intellectual property as barrier to entry.

Competition 120

Competition Patents Resource Invest 120

Startup Professionals Musings

AUGUST 2, 2015

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” Facebook spent over $150 million before revenue. Intellectual property as barrier to entry.

Startup 118

Startup Competition Patents Resource 118

InfoChachkie

NOVEMBER 3, 2011

Examples – The book is filled with text excerpted from actual funding documents, rather than the generic templates usually found in academic textbooks. Each example is explained and guidance is provided regarding to the extent an entrepreneur can and should attempt to negotiate the provision. Don’t Overemphasize Patents.

Venture Capital 205

Venture Capital Entrepreneur Writing Guide 205

Startup Professionals Musings

AUGUST 15, 2020

Senior business leaders, for example, are unlikely to relate when you pitch your latest web app, highlighting the mashup technology, which you derived from early online social networking applications. They become frustrated with investors, senior executives, and even customers who don’t seem to “get it,” with the result that everyone loses.

Technology 165

Technology Social Network Training Startup 165

Startup Professionals Musings

MAY 22, 2020

Before you invest your life savings, or bet your career on this startup, you need to know how much of a barrier to entry the brand and patents are projected to be. Look for examples of similar companies and revenue multiples achieved from acquirers. How much and when can I reasonably expect a payback?

Technical Review 174

Technical Review Startup Invest Patents 174

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 have no shelf life, so you can’t make money while you sleep.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

JULY 24, 2021

Evaluate who might use an invention, patent, or new law to create a bend in the road. They learn to be agile, or steerable, by linking the external realities in real time to assignments, priorities, decision-making power, funding, and key performance indicators. Regularly dissect the past, to look for change signals you and others missed.

Entrepreneur 173

Entrepreneur Summary Patents Examples 173

Startup Professionals Musings

APRIL 18, 2015

McKinsey estimates, for example, that the upper middle class in China will grow from 14 percent now to 56 percent by 2022. At present, no world patents or international patent process exists, so you need to apply in every relevant country. Anticipate greater growth outside of North America.

Patents 106

Patents Startup Offshore Demand 106

Startup Professionals Musings

JULY 31, 2015

For example, “I have patented a new LCD with double the intensity at half the cost, already proven locally, and I just need resources to scale for this market.” For example, “Unlike all the other LCD providers, our patented high intensity light has no blue tint or glare that looks unnatural.”

Startup 104

Startup Summary Patents Examples 104

Startup Professionals Musings

MARCH 24, 2011

On the other hand, if you intend to patent an idea, you need a signed confidentiality agreement from everyone knowing details, or you will legally lose patent rights. Prior to patent application. As I mentioned earlier, you should never disclose details of a potential patent to anyone without getting a signed and dated NDA.

Patents 90

Patents Sample Ideas Entrepreneur 90

Startup Professionals Musings

AUGUST 7, 2013

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. Disclosing inventions before the patent application is filed. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding. There is no excuse for not filing at least a provisional patent early.

Startup 94

Startup Patents Legalzoom Invest 94

Startup Professionals Musings

JANUARY 26, 2012

For example, “I just patented a new cell-phone technology that will double battery life for half the cost. This could be a patent, key partners, domain expertise, or a better distribution channel. " Open your pitch by getting the investor's attention with a hook. I need your help in getting it to market.”

Startup 113

Startup Patents Template Competition 113

Startup Professionals Musings

JULY 29, 2013

On the other hand, if you intend to patent an idea, you need a signed confidentiality agreement from everyone knowing details, or you will legally lose patent rights. Prior to patent application. As I mentioned earlier, you should never disclose details of a potential patent to anyone without getting a signed and dated NDA.

Ideas 92

Ideas Demand Patents Entrepreneur 92

Startup Professionals Musings

MARCH 2, 2020

For example, I have a friend with a Ph.D. Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. For example, I often cite the case of Bill Gates and Steve Ballmer , who grew Microsoft together. I have tried to convince him the general idea alone does not make a business.

Ideas 126

Ideas Writing Examples Outsource 126