Berkonomics

OCTOBER 5, 2023

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

Venture Capital 296

Venture Capital Product Marketing Resource 296

Startup Professionals Musings

APRIL 27, 2020

There are complex processes, like filing a patent, and financial tools that may be new to you, including Excel and Quickbooks. Remember the concept of minimum viable product (MVP), which is designed to test viability and interest before you burn through too much of your energy and resources. The reality is often the opposite.

Product 123

Product Startup Tips Entrepreneur 123

Startup Professionals Musings

APRIL 26, 2021

As a long-time advisor to entrepreneurs and occasional angel investor, I often see and hear innovative product pitches that sound exciting, but are missing one or more of the key business elements that investors deem critical for funding consideration. Patents are a good place for you to start.

Funding 132

Funding Template Resource Competition 132

Startup Professionals Musings

MARCH 14, 2020

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Non-credible funding request or unreasonable valuation. Naïve expectations on funding terms and process.

Funding 123

Funding Startup Entrepreneur Invest 123

Berkonomics

DECEMBER 20, 2018

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. If a continuing fee, the license could be based upon units of the product incorporating your IP. How do I appraise my intellectual property to estimate royalty rates?

IP 136

IP Product Equity Tool 136

Berkonomics

DECEMBER 20, 2018

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. If a continuing fee, the license could be based upon units of the product incorporating your IP. How do I appraise my intellectual property to estimate royalty rates?

IP 120

IP Product Equity Tool 120

Startup Professionals Musings

OCTOBER 24, 2021

When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. You need all these before you start looking for funding. Remember that ideas cannot be patented, only novel implementations. Copyrights.

Startup 145

Startup Patents IP Social Media 145

Startup Professionals Musings

SEPTEMBER 18, 2022

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. Neither speaks well for you or your startup.

Competition 133

Competition Patents Resource Invest 133

socalTECH

JULY 19, 2013

The funding came from Fortress Investment Group. According to Netlist, it will use the new funding to support ongoing development of its product and patent portfolio. Netlist has already been active in the courts with a number of patent infringement lawsuits. READ MORE>>.

Patents 147

Patents Cloud Computing Activity Capital 147

socalTECH

AUGUST 29, 2013

Can tapping the power of the crowd not only help you find customers and help fund your project, but also help you shape your startup idea and find funding? Dirk Ahlborn: We are coming out of the nonprofit incubator, the Girvan Institute of Technology, which has been around since 2002, and is funded by NASA Ames.

Ideas 178

Ideas Patents Funding Startup 178

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. The company, Zephyrus Simulation LLC, was spun off from a product developed by a group of bioengineering students at UMaine.

Startup 70

Startup Funding Training Ideas 70

Startup Professionals Musings

MAY 1, 2023

Thus the real discussion must start with who will be doing the work, providing the funding, and delivering results. Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Building the product may be the easy part of your startup challenge.

Equity 99

Equity Patents CTO Hire Startup 99

Berkonomics

DECEMBER 31, 2020

The company was funded entirely by grants from the National Institute of Health, amounting to millions of non-dilutive dollars in all. And we should not forget that non-profits of all types depend upon grants for a significant amount of their funding, often employing professional grant writers on staff or as consultants.

Equity 156

Equity Writing Education Research 156

Both Sides of the Table

MARCH 11, 2011

He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. He thought, “This way any product you launch you can talk instantly with and get feedback from customers.&# They would give companies $250,000 to launch their products. Shopping.com.

Competition 350

Competition Idealab Product CitySearch 350

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. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

DECEMBER 11, 2022

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Non-credible funding request or unreasonable valuation. Naïve expectations on funding terms and process.

Entrepreneur 108

Entrepreneur Invest Funding Patents 108

Startup Professionals Musings

AUGUST 9, 2020

Thus the real discussion must start with who will be doing the work, providing the funding, and delivering results. Value factors include your related product breadth and depth, relationships with thought leaders, key vendors, and large potential customers. Building the product may be the easy part of your startup challenge.

Startup 174

Startup Equity Patents CTO Hire 174

Startup Professionals Musings

MAY 14, 2023

Count on six months from beginning the funding process until a new check is cashed. Always add 20 percent to your best estimate of funding requirements when approaching investors. As a rule of thumb, your monthly burn rate should be less than 10 percent of your last funding raise or starting cash in the bank. Martin Zwilling

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

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. I’m a technologist, so I always love to learn about the product, but every investor needs to make sure you have a business, as well as a product.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

MAY 10, 2021

I find that startups looking for funding often never even think of asking strategic partners, rather than just venture capitalists. Many businesses have found that raising the price of a product to give it status can win more customers than a price war. Due to learned habits and routines, new ideas default to be similar to old ones.

Ideas 171

Ideas Patents Training Entrepreneur 171

socalTECH

APRIL 8, 2014

Among those funds is TYLT Lab (www.tyltlab.com), which recently announced a new, $20M early stage investment fund specifically focused on companies here. We spoke with Rami Rostami and Gerard Casale , who are behind TYLT Labs, and who told us a bit about their new fund, its investment criteria, and where it sees the promise here.

Seed Funding 220

Seed Funding Santa Monica Funding Startup 220

Startup Professionals Musings

SEPTEMBER 30, 2013

Every investor expects to see some business traction, both before and after a funding event. If you have a product description, that’s necessary, but not sufficient. If you have neither, and choose to approach an investor, you will get no attention, and probably never again get a shot at funding with that investor.

Funding 112

Funding Entrepreneur Startup CTO Hire 112

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. Neither speaks well for you or your startup.

Competition 120

Competition Patents Resource Invest 120

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. Low cost and low margin products can be winners, if the volume is high enough.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

MAY 8, 2016

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. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 55

Product Startup Summary Entrepreneur 55

TechCrunch LA

APRIL 22, 2019

The answer she came up with is Blueland, a new line of cleaning products that launches today. Blueland cleaning products/Image courtesy of Blueland. After coming up with the idea Paiji had to find a manufacturer, who’d be willing to help reinvent an entire product category for a startup retailer.

Design 161

Design Patents Los Angeles Ideas 161

Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. Production.

Sales 102

Sales Customer Custom Outsource 102

socalTECH

AUGUST 19, 2010

San Diego-based venture capital firm Enterprise Partners is one of the firms in a $39M, Series E funding round for Mountain View-based Complete Genomics , Complete Genomics said today. Illumina and Solexa, the firm Illumina acquired on August 3rd, have sued Complete Genomics on patent infringement of three patents.

Enterprise Partners 154

Enterprise Partners Patents San Diego Venture Capital 154

Startup Professionals Musings

JANUARY 11, 2019

When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. You need all these before you start looking for funding. Remember that ideas cannot be patented, only novel implementations. Copyrights.

IP 93

IP Invest Patents Social Media 93

Startup Professionals Musings

MAY 31, 2020

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. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

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. Low cost and low margin products can be winners, if the volume is high enough.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

JULY 30, 2013

The average length of a funding pitch to Angel investors is ten minutes. Some entrepreneurs seem to think that their product pitch is also their investor pitch. Investors don’t need to know the implementation details of your patent or customer support plan. entrepreneur startup funding angel investors presentation business'

Angel 102

Angel Funding Slides Technical Review 102

Berkonomics

AUGUST 10, 2017

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

Venture Capital 243

Venture Capital Product Resource Marketing 243

Startup Professionals Musings

JUNE 25, 2021

It’s really a multi-step process, with the first step getting you from an idea to a viable product, and the remaining steps creating a sustainable business. File at least a provisional patent and one or more trademarks. Attend trade shows and network to find the right players and pitch your product.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

SEPTEMBER 15, 2023

Developing the ideal product the first time around is unlikely, high risk, and very expensive in today’s chaotic market. More success has been logged with companies like Amazon, which lightly funds many business model experiments each year, and is not hesitant to pivot or learn from failures.

Artificial Inteligence 114

Artificial Inteligence Ideas Satisfaction Customer 114

Startup Professionals Musings

AUGUST 29, 2011

At any rate, here is my summary of the top ten from my experience with hundreds of elevator pitches, business plans, and executive presentations: “Our product is truly disruptive technology.” If your product really represents a paradigm shift, you probably haven’t figured out yet what problem it solves.

Entrepreneur 108

Entrepreneur Funding Innocal Competition 108

Startup Professionals Musings

AUGUST 26, 2022

For an inventor , the product is everything, and managing cash flow in a business may be the least satisfying part. Working for a well-funded existing company, or pursuing your dream as a hobby, may be more satisfying and productive. Assess your own resources as well as funding sources.

Social Media 105

Social Media Writing Ideas Resource 105