Remove Invest Remove Outsource Development Remove Patents Remove Resource
article thumbnail

Reduce five risks: Increase your valuation

Berkonomics

Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. Fourth: Financial risk. .

article thumbnail

6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

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. Minimize investment in prototypes and tooling.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Buffer your projected resource requirements. 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. You will make mistakes.

article thumbnail

6 Drivers For Aspiring Entrepreneurs To Finish School

Startup Professionals Musings

In fact, I think the evidence is clear that many entrepreneurs started their journey while still in college, and capitalized on all the resources there, before moving on: Extend your technology focus with business basics. Every school recognizes the power of “hands-on” work to help you develop your own ideas into a business.

article thumbnail

Can you overcome five risks and create wealth?

Berkonomics

Professional investors will probe these five risk areas and make the decision to invest based upon their comfort with each. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. Fourth: Financial risk. .

article thumbnail

5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Buffer your projected resource requirements. 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. You will make mistakes.

article thumbnail

Address the five risks to increase your valuation.

Berkonomics

Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. And fifth: Competitive risk.