Startup Professionals Musings

MAY 7, 2023

Customer data, as well as internal data, is a key resource for every business that must be secured and protected. You need to address these concerns early, by highlighting patents, encryption capability, or other features which mitigate these risks and costs. Payback on investment. Customer data integrity and security.

Social Network 108

Social Network Training Startup Technology 108

Startup Professionals Musings

MAY 30, 2020

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. Find technical and legal guidance and advisors.

Class 124

Class Startup Resource Mentor 124

Startup Professionals Musings

FEBRUARY 14, 2021

This raises a big red flag with potential investors, who conclude that no competitors means no market, or you haven’t looked, and the new startup is likely not investable. Startups simply don’t have the resources to keep ahead of large competitors who see initial traction and go after it. Investors are wary of a crowded space.

Competition 166

Competition Funding Startup Patents 166

Berkonomics

SEPTEMBER 6, 2018

Each decision you make to commit resources – your money or your use of corporate or personal time – affects the future value of your business. But each commitment of resources of any substantial size for acquisition of new products, talent, even new companies, changes the value of your enterprise perhaps to a great degree.

Company 120

Company Companies Acquisition Resource 120

Startup Professionals Musings

DECEMBER 11, 2022

My first suggestion is that entrepreneurs need to forget the old myth that all they need to do is sketch an idea on a napkin, and investors will line up to invest. The most investable ventures stem from painful needs by customers who have money to spend. Investors invest in people, often more so than in the product.

Entrepreneur 108

Entrepreneur Invest Funding Patents 108

Startup Professionals Musings

AUGUST 15, 2020

Customer data, as well as internal data, is a key resource for every business that must be secured and protected. You need to address these concerns early, by highlighting patents, encryption capability, or other features which mitigate these risks and costs. Payback on investment. Customer data integrity and security.

Technology 165

Technology Social Network Training Startup 165

Startup Professionals Musings

SEPTEMBER 23, 2020

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.

Entrepreneur 157

Entrepreneur Mentor Class Resource 157

socalTECH

NOVEMBER 24, 2009

The European Commission today announced that it has decided to close formal antitrust proceedings against San Diego-based Qualcomm , saying in a statement that "it does not consider it appropriate" to invest further resources into the case. Tags: european union commission qualcomm patent legal lawsuit antitrust. Nokia Corp.,

Patents 140

Patents San Diego Resource Invest 140

Berkonomics

MARCH 14, 2019

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. .

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Berkonomics

AUGUST 10, 2017

Many of the start-ups my various angel funds have financed died a slow death, not because of poor concept but because of poor execution, wasting fixed overhead and draining the financial resources from the company coffers. And we were able to secure that investment along with a partner from that firm joining our board.

Venture Capital 243

Venture Capital Product Resource Marketing 243

Startup Professionals Musings

MARCH 10, 2021

A while back I received a discouraging note from an entrepreneur with a patent and a medical software application who couldn’t find a dime of investment, and was grousing that seed funding just wasn’t available anymore. It is not helpful to you for funders to love an idea that does not fit the criteria for their investing capability.

Software Review 123

Software Review Seed Funding Funding Startup 123

Startup Professionals Musings

NOVEMBER 4, 2019

There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. Unfortunately, I see good startups fail simply because they don’t have the resources or intellectual property to stay ahead of copycats or big players who see the potential as soon as you step into the marketplace.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

AUGUST 26, 2022

Assess your own resources as well as funding sources. You may dream of developing a new silicon chip technology, but a bit of research should tell you that most disruptive solutions take billions in investment, and more time than you can afford for acceptance. You can’t really succeed in life if you are not happy.

Social Media 105

Social Media Writing Ideas Resource 105

Startup Professionals Musings

MARCH 14, 2020

My first suggestion is that entrepreneurs need to forget the old myth that all they need to do is sketch an idea on a napkin, and investors will line up to invest. The most investable ventures stem from painful needs by customers who have money to spend. Investors invest in people, often more so than in the product.

Funding 123

Funding Startup Entrepreneur Invest 123

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. The investor perspective is that no manufacturing or inventory implies a minimal need for capital up front.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

JUNE 25, 2021

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed the classic book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Startup Professionals Musings

AUGUST 2, 2015

There is no perfect answer to the competitive advantage question, but investors are looking for how your offering will keep ahead of competition, not just at this moment, but throughout the life of their three to five-year investment. Leading with this answer will likely terminate any further investment opportunity with this investor.

Startup 118

Startup Competition Patents Resource 118

Startup Professionals Musings

JUNE 2, 2021

In many cases, growing the ecosystem is so important that your best competitive move may be to invest in facilitating “competition,” such as Tesla Motors giving away their battery patents to other auto providers, without royalties, to build the ecosystem. These have the vision and the resources to fund long-term digital success.

Competition 142

Competition Software Review Social Media Customer 142

Berkonomics

MARCH 15, 2012

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.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

FEBRUARY 17, 2021

The same is true for filing patents, registering trademarks, and filing copyrights. Minimize investment in prototypes and tooling. Almost anyone can start a company today on a shoestring budget, following these cost-cutting recommendations: Establish a solid legal structure for your business.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

Startup Professionals Musings

MARCH 3, 2023

Each of these activities should have associated costs and resource requirements. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks. That means they invest first in a set of plans. Development schedule and checkpoints. Provide details on the business model.

Product 112

Product Summary Activity Entrepreneur 112

Startup Professionals Musings

MAY 14, 2023

Buffer your projected resource requirements. In this case, the primary cash outflow would be for product development and operating expenses, with potentially enough runway to build the initial product, get a patent, attract some early adopters, and build the initial revenue stream. You will make mistakes.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

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. The investor perspective is that no manufacturing or inventory implies a minimal need for capital up front.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

JUNE 25, 2014

There is no perfect answer to the competitive advantage question, but investors are looking for how your offering will keep ahead of competition, not just at this moment, but throughout the life of their three to five-year investment. Leading with this answer will likely terminate any further investment opportunity with this investor.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

SEPTEMBER 24, 2018

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 83

Ideas Technical Review Patents Startup 83

Startup Professionals Musings

JULY 23, 2023

Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Don’t try to explain your technical implementation, your patent algorithm, or your unfair competitive advantage here. Is the opportunity large and growing? Do include some quantification.

Startup 96

Startup Education Ideas Customer 96

Tech.Co

NOVEMBER 27, 2017

Maine Medical Center, Maine’s largest hospital, is investing in their employees and giving them a chance to act on their innovative ideas that could transform healthcare. You need to share ideas, invest jointly, and work in teams to get anything off the ground,” she said. “I The hospital itself has had two patents issued to it. “We

IP 70

IP Patents Ideas Research 70

Startup Professionals Musings

NOVEMBER 29, 2019

Obviously, where you need to be is somewhere in the middle, and certain that you are the right person with the right resources to win. The right answer to this question is that you bring some new intellectual property to the table – like a patent or other secret sauce. Do you have the resources to build a business?

Entrepreneur 126

Entrepreneur Ideas Resource Examples 126

Startup Professionals Musings

FEBRUARY 22, 2013

Chief Human Resources Officer (VP Personnel). If your business is managing contracts and patents, it makes sense, but the CLO for most startups is LegalZoom on the Internet. But here is another example of a role that everyone carries in a startup, so investors can’t imagine paying anyone uniquely to do that job. Chief Legal Officer.

Startup 97

Startup Invest CTO Hire Cloud Computing 97

Startup Professionals Musings

JANUARY 27, 2018

There is no perfect answer to the competitive advantage question, but investors are looking for how your offering will keep ahead of competition, not just at this moment, but throughout the life of their three to five-year investment. Leading with this answer will likely terminate any further investment opportunity with this investor.

Competition 51

Competition Patents Resource Entrepreneur 51

Startup Professionals Musings

MAY 1, 2016

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. Find technical and legal guidance and advisors.

Entrepreneur 55

Entrepreneur Capital Class Startup 55

Startup Professionals Musings

NOVEMBER 4, 2020

Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Don’t try to explain your technical implementation, your patent algorithm, or your unfair competitive advantage here. Is the opportunity large and growing? Do include some quantification.

Startup 166

Startup Education Ideas Customer 166

Startup Professionals Musings

SEPTEMBER 16, 2018

Customer data, as well as internal data, is a key resource for every business that must be secured and protected. You need to address these concerns early, by highlighting patents, encryption capability, or other features which mitigate these risks and costs. Payback on investment. Customer data integrity and security.

Social Network 91

Social Network Training Startup Technology 91

Tech Zulu Event

AUGUST 28, 2013

Helping solicit new business ideas and patents from individuals, federal research labs, universities and other R&D organizations countrywide. Members submit ideas and patents, the JumpStartFund community members and the JumpStartFund team vets them. Social network for investors.

El Segundo 76

El Segundo Social Network Startup Patents 76

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

Both Sides of the Table

JUNE 30, 2016

Reflexively founders want to raise as much money as they can because they figure it will give them more resources, better chances of competing and a longer runways before they have to do the often painful job of asking, yet again, for money. Amongst the most often asked questions I get from founders is, “How much money should I raise?”

Startup 292

Startup Software Review Pricing Entrepreneur 292

Startup Professionals Musings

AUGUST 19, 2020

Buffer your projected resource requirements. In this case, the primary cash outflow would be for product development and operating expenses, with potentially enough runway to build the initial product, get a patent, attract some early adopters, and build the initial revenue stream. You will make mistakes.

Search Engine Optimization 124

Search Engine Optimization Outsource Development Social Media Equity 124