TechEmpower

DECEMBER 11, 2023

Ensure that you investigate the designers' past work, samples of their work product, and their process. Quality of Work: The end product should not only look good but function as expected. Inquisitiveness: Prior to starting the project, you should receive an estimate of the work effort. cto , product , saas

Software Development 295

Software Development Software Review Develop Development 295

Berkonomics

DECEMBER 3, 2020

Most innovations come from responding to a customer’s needs, or finding a niche where products need improvement or extension. Imagine the room in which several graduate business school student groups have gathered, tasked with coming up with an idea for a business plan competition. A thought exercise. Then remove it.

Startup 156

Startup Ideas Customer Custom 156

Startup Professionals Musings

APRIL 21, 2023

New product process. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management. Build and manage a pipeline of ideas. From time to time, include customers and sales members in ideation sessions.

Coach 137

Coach Metrics Competition Ideas 137

Startup Professionals Musings

APRIL 29, 2015

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business. Start with what you know, but think outside the box. Keep thieves away (protect it).

Ideas 104

Ideas Mentor Resource Entrepreneur 104

Startup Professionals Musings

FEBRUARY 5, 2023

Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. I fully realize that for some of the best entrepreneurs, success is surviving the journey, and they can’t wait to hand off the new business and start another one.

Entrepreneur 108

Entrepreneur Startup Ideas Satisfaction 108

Startup Professionals Musings

MARCH 22, 2014

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business. Start with what you know, but think outside the box. Keep thieves away (protect it).

Ideas 107

Ideas Mentor Entrepreneur Resource 107

Both Sides of the Table

SEPTEMBER 8, 2009

This is part of my ongoing series called “ Start-up Lessons.&#. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. And I feel that this skill is invaluable in both building a start-up company and in being a VC.

Startup 337

Startup Venture Capital Study Course 337

Startup Professionals Musings

MARCH 21, 2021

When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. Of course there are people who are great at getting things done, but haven’t had an original idea in their life. Product development. So which is the most important, the idea or the follow-up?

Activity 133

Activity Startup Ideas Technical Review 133

Startup Professionals Musings

JULY 3, 2013

Based on my own experience and feedback from friends, every investor is approached by at least ten entrepreneurs with a “hot idea” for a new business, for every one who has a real “plan” for a new business. In fact, you can find websites full of ideas, like these “ Free Innovative Ideas ,” by serial entrepreneur Kim E.

Ideas 106

Ideas Startup Summary CalTech 106

Startup Professionals Musings

SEPTEMBER 11, 2015

Most aspiring entrepreneurs believe that a great idea alone will assure business success. Yet in this age when customers have a thousand alternatives, and are overwhelmed by a multitude of messages, sales efforts can make or break a business. Your first idea about where pain resides is nearly always wrong.

Sales 106

Sales Entrepreneur Customer Custom 106

Startup Professionals Musings

JANUARY 16, 2013

When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. Of course there are people who are great at getting things done, but haven’t had an original idea in their life. Product development. So which is the most important, the idea or the follow-up?

Ideas 110

Ideas Entrepreneur Startup Technical Review 110

Startup Professionals Musings

SEPTEMBER 30, 2023

As a business advisor, I meet many business professionals and aspiring entrepreneurs who are anxious to be their own boss , or have an innovative idea to start or acquire a new business. He also still gets excited to donate one percent of sales to environmental groups around the world.

Startup 94

Startup Ideas Metrics Entrepreneur 94

Startup Professionals Musings

SEPTEMBER 7, 2016

Most aspiring entrepreneurs believe that a great idea alone will assure business success. Yet in this age when customers have a thousand alternatives, and are overwhelmed by a multitude of messages, sales efforts can make or break a business. Your first idea about where pain resides is nearly always wrong.

Ideas 65

Ideas Sales Entrepreneur Customer 65

Startup Professionals Musings

MARCH 10, 2023

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Outsource Development 115

Outsource Development Startup Competition Ideas 115

Startup Professionals Musings

JANUARY 14, 2023

Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. A software product is a classic example of a scalable solution, since it costs real money to build the first copy, but unlimited additional copies can be quickly cloned for almost no incremental cost.

Tips 135

Tips Invest Startup Outsource 135

Startup Professionals Musings

DECEMBER 4, 2022

As a startup advisor and investor, I’ve met many aspiring entrepreneurs, and I often get asked the question, “I have a great idea for a startup – do you agree that it real potential?” To build a startup, you have to enjoy the broad range of challenges, from technical to marketing to sales to personnel. Marty Zwilling.

Entrepreneur 121

Entrepreneur Startup Ideas Sample 121

Startup Professionals Musings

JULY 25, 2020

New product process. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Idea management. Build and manage a pipeline of ideas. From time to time, include customers and sales members in ideation sessions.

Coach 144

Coach Metrics Social Network Competition 144

Startup Professionals Musings

NOVEMBER 4, 2022

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. That’s why investors say they invest in people (bet on the jockey, not the horse), rather than the idea. The sales professional.

Technical Advisors 123

Technical Advisors Startup Outsource Development High Tech 123

Startup Professionals Musings

JUNE 2, 2012

Based on my own experience and feedback from friends, every investor is approached by at least ten entrepreneurs with a “hot idea” for a new business, for every one who has a real “plan” for a new business. In fact, you can find websites full of ideas, like these “ Free Innovative Ideas ,” by serial entrepreneur Kim E.

Ideas 97

Ideas Summary Startup CalTech 97

Startup Professionals Musings

JUNE 9, 2021

They keep asking people like me whether the time is right, and the truth is that there’s never an ideal time to start your own business. It’s like starting a personal relationship, if you wait for exactly the right time, you’ll never do it. This is a necessary, but not sufficient reason to start a business now.

Startup 168

Startup Ideas Satisfaction Entrepreneur 168

Startup Professionals Musings

NOVEMBER 18, 2016

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. They are devastated when their business growth never starts or stalls, and they have no idea how to get it moving again.

Product 95

Product Case Study Customer Custom 95

Startup Professionals Musings

MARCH 7, 2011

Based on my own experience and feedback from friends, every investor is approached by at least ten entrepreneurs with a “hot idea” for a new business, for every one who has a real “plan” for a new business. In fact, you can find websites full of ideas, like these “ Free Innovative Ideas ,” by serial entrepreneur Kim E.

Ideas 104

Ideas Entrepreneur Summary Startup 104

Startup Professionals Musings

AUGUST 9, 2023

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. They are devastated when their business growth never starts or stalls, and they have no idea how to get it moving again.

Case Study 89

Case Study Customer Custom Study 89

Startup Professionals Musings

OCTOBER 31, 2022

Trying to do everything is a sure way to maximize stress, lower job satisfaction, and minimize productivity. If you are a genius at invention, for example, then that is the role you should seek to keep you motivated and productive. I recommend that you start online to find data sources.

Activity 108

Activity Satisfaction Metrics Startup 108

Startup Professionals Musings

FEBRUARY 22, 2012

I’m going to start a website to offer this service!” I’m sure you all realize that there could be quite a distance between a great idea and a great startup. A search argument like “recipes from the ingredients you have on hand” might be the place to start. Many products fail because of “dependencies” and hidden costs.

Ideas 97

Ideas Patents Startup Google 97

Startup Professionals Musings

MAY 14, 2023

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Better to ask for more early.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

Berkonomics

MARCH 6, 2014

Most innovations come from responding to a customer’s needs, or finding a niche where products need improvement or extension. Imagine the room in which several graduate business school student groups have gathered, tasked with coming up with an idea for a business plan competition. Starting up' Dave’s workshops.

Startup 176

Startup Ideas Customer Custom 176

Startup Professionals Musings

NOVEMBER 15, 2020

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. They are devastated when their business growth never starts or stalls, and they have no idea how to get it moving again.

Case Study 174

Case Study Startup Customer Custom 174

Berkonomics

JANUARY 31, 2019

Then we’ll address the success or failure of the buyer with your product… First the obvious case in point. And because there was consideration paid to you in the sale, that clause is binding upon you and is effective almost everywhere. Abandonment of your product line or your later new inventions.

Patents 120

Patents Sales Product Email 120

Berkonomics

JANUARY 31, 2019

Then we’ll address the success or failure of the buyer with your product… First the obvious case in point. And because there was consideration paid to you in the sale, that clause is binding upon you and is effective almost everywhere. Abandonment of your product line or your later new inventions.

Patents 120

Patents Sales Product Email 120

Startup Professionals Musings

MARCH 26, 2021

For example, I worked with an entrepreneur a while back who was clearly intelligent, had a great idea, and communicated well. I sometimes find entrepreneurs who highlight that their strength is “ideas.” Paul Allen was the idea visionary. Sometimes good things are easy to see in others, but hard to see in yourself.

Entrepreneur 136

Entrepreneur Ideas Examples Mentor 136

Startup Professionals Musings

SEPTEMBER 11, 2021

Almost every early-stage startup who has approached investors for funding has heard the innocuous sounding rejection “I love your idea, but come back when you have more traction.” As an investor, I would like to see one month of sales, and see how that compares to your projections. Free and freemium products need a solid base.

Startup 121

Startup Metrics Customer Custom 121

Startup Professionals Musings

APRIL 16, 2021

Richard Branson’s adventurer escapades are legendary, and Steve Jobs made new product presentations an experience, as well as a sales pitch and an education. It gives a product structure and style, and makes it memorable and unique. Believe there is no such thing as a crazy idea. Practice learning as an action sport.

Marketing 157

Marketing Design Entrepreneur Ideas 157

Both Sides of the Table

JULY 21, 2014

Once you understand both sides of the cycle you start to recognize signs of behavior during each phase. You’d imagine that companies selling tons of shelfware would quickly meet their deserved fate in the market, yet the spin around a category of software can fool buyers into thinking they “must have this product to compete.”

Marketing 354

Marketing Case Study Metrics Sales 354

Startup Professionals Musings

JANUARY 14, 2011

I’m going to start a website to offer this service!” I’m sure you all realize that there could be quite a distance between a great idea and a great startup. A search argument like “recipes from the ingredients you have on hand” might be the place to start. Many products fail because of “dependencies” and hidden costs.

Ideas 94

Ideas Patents Startup Google 94

Startup Professionals Musings

AUGUST 4, 2013

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. For example, one CEO I know gave away his software product to the first ten customers. You won’t succeed with a product that is too expensive for the market. Limited rollout.

Product 94

Product Pricing Customer Custom 94

Berkonomics

APRIL 11, 2019

Whether you have not been able to find companies doing “something like” the plan, or you has not considered the most obvious killer of new ideas – doing nothing, it is a faux pas that should never be allowed to happen. It could be that a larger competitor has met with its customers, promising to extend its product line into this very niche.

Competition 120

Competition Slides Research Sales 120