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A great idea often fails from the inexperience or inability of management to bring the idea to market. Similarly, great management often can manipulate an original idea or business plan into one much more attuned to the market, adding tremendous value that might have been lost sticking to the original plan.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here.
One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here.
Nils Forsblom: TenFarms is a mobile app developer. What we do, is I identify things and start defining features around ideas. We have a couple of different ideas in the pipeline, and have filed patents in our unique way of showing advertising on a very small screen. It was the guy we'd outsourced as CEO.
It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. The same is true for filing patents, registering trademarks, and filing copyrights. A programmer can build a new smartphone app for a few thousand dollars.
Gene Dolgoff: After years of research and development, we have developed technology which converts two dimensional video to 3D. 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. I was doing that until 1995.
Email readers, continue here…] A great idea often fails from the inexperience or inability of management to bring the idea to market. Third: Management risk. . And fifth: Competitive risk. .
The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it. Not every great idea is a viable business. Dreamers come up with ideas, and do-ers come up with businesses. Marketing should start before product development.
Most colleges have now added classes in entrepreneurship to include the necessary business focus to technical majors that usually drive innovative ideas. Every school recognizes the power of “hands-on” work to help you develop your own ideas into a business. Good business basics are not intuitive.
The short story is that he received 400+ responses and goes through how he categorized/vetted the responses: 300 Didn’t Fit – Outside expertise/interest, pushing for immediate funding assistance, too many ideas (not focused), looking for sales agents. And a big factor is how big is the Founder Developer Gap.
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. To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context.
A great idea often fails from the inexperience or inability of management to bring the idea to market. Similarly, great management often can manipulate an original idea or business plan into one much more attuned to the market, adding tremendous value that might have been lost sticking to the original plan.
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. You learn and gain credibility by committing to excellence, and asking customers and team members for feedback and ideas. Inspire, Motivate, and Bring Out the Best in Your People.”
In a new startup, there is tremendous competitive value in registering intellectual property early, but you don’t need to contract these tasks to expensive experts any longer. Trademarks, copyrights and even patents can be completed online by anyone through the U.S. Patent and Trademark Office site for a few hundred dollars.
What I love about my job is getting to see teams of super-early-stage companies developideas that while raw have potential to make an impact on the market. This happens because many CEOs are passionate, market-driven people who are constantly trying to launch new products, win contracts, get press, hire staff and woo VCs.
The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it. Not every great idea is a viable business. Dreamers come up with ideas, and do-ers come up with businesses. Marketing should start before product development.
It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. The same is true for filing patents, registering trademarks, and filing copyrights. A programmer can build a new smartphone app for a few thousand dollars.
The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it. Not every great idea is a viable business. Dreamers come up with ideas, and do-ers come up with businesses. Marketing should start before product development.
3D printing has been around for the past 30 years, however patents prevented others from advancing such technology. Now, those patents have finally dissolved and allowed a new wave of innovators to take advantage of the technology. Traditional manufacturing would subtract materials to create a product.
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. You learn and gain credibility by committing to excellence, and asking customers and team members for feedback and ideas. Inspire, Motivate, and Bring Out the Best in Your People.”
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. You learn and gain credibility by committing to excellence, and asking customers and team members for feedback and ideas. Inspire, Motivate, and Bring Out the Best in Your People.”
Or he may be the founder’s brother, idea person, or inventor, who can’t be bothered actually working on the nuts and bolts of the real business. What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers.
Or he may be the founder’s brother, idea person, or inventor, who can’t be bothered actually working on the nuts and bolts of the real business. What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers.
Or he may be the founder’s brother, idea person, or inventor, who can’t be bothered actually working on the nuts and bolts of the real business. What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers.
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. You learn and gain credibility by committing to excellence, and asking customers and team members for feedback and ideas. Inspire, Motivate, and Bring Out the Best in Your People.”
The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it. Not every great idea is a viable business. Dreamers come up with ideas, and do-ers come up with businesses. Marketing should start before product development.
► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Outsourcing ► April (1) GoogleClick - Who owns your cash register? Startup 3.0:
► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Outsourcing ► April (1) GoogleClick - Who owns your cash register? Startup 3.0:
Ideation & Protecting Ideas. If you are inventing or creating a product, understand patents and register for one at the USPTO. Vet your idea with the idea checklist. Protect your ideas when sharing them with others by using an NDA. Go mobile and consider app development. Recommended. Recommended.
► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Outsourcing ► April (1) GoogleClick - Who owns your cash register? Startup 3.0:
Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. It’s why most investors proclaim that they invest in people, more than the idea.
Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. It’s why most investors proclaim that they invest in people, more than the idea.
Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. It’s why most investors proclaim that they invest in people, more than the idea.
Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. It’s why most investors proclaim that they invest in people, more than the idea.
Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory. For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. It’s why most investors proclaim that they invest in people, more than the idea.
Idea Mensch. We are about to head on a four-month, 48-state road trip to help people across America bring their ideas to life and shine the light on some of the amazing entrepreneurs and communities. He previously led business development for Affiliate Fuel, leading to its acquisition by Experian in 2005. Subscribe to RSS.
Email readers, continue here…] A great idea often fails from the inexperience or inability of management to bring the idea to market. Third: Management risk. And fifth: Competitive risk.
► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Outsourcing ► April (1) GoogleClick - Who owns your cash register? Startup 3.0:
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