Startup Professionals Musings

AUGUST 19, 2020

Buffer your projected resource requirements. Use social media for early marketing. Social media is not rocket science. It’s why most investors proclaim that they invest in people, more than the idea. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money.

Search Engine Optimization 124

Search Engine Optimization Outsource Development Social Media Equity 124

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. I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

JULY 23, 2023

Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Highly saturated domains (more than 10 existing players), such as niche social media sites, are highly risky. Make it ready to play in all media. Is the opportunity large and growing?

Startup 96

Startup Education Ideas Customer 96

Startup Professionals Musings

NOVEMBER 4, 2020

Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Highly saturated domains (more than 10 existing players), such as niche social media sites, are highly risky. Make it ready to play in all media. Is the opportunity large and growing?

Startup 166

Startup Education Ideas Customer 166

Startup Professionals Musings

APRIL 27, 2020

For example, you may feel you are saving money by doing all your own administrative work and monitoring social media feedback. There are complex processes, like filing a patent, and financial tools that may be new to you, including Excel and Quickbooks. Prioritize your tasks ahead of helping others with theirs.

Product 123

Product Startup Tips Entrepreneur 123

Startup Professionals Musings

SEPTEMBER 14, 2015

Here are some of the key new rules I have learned by starting my own company, investing as an angel in other startups and mentoring many more new entrepreneurs over the last few years: Do incorporate a company, but keep it simple. Trademarks, copyrights and even patents can be completed online by anyone through the U.S.

Startup 108

Startup Search Engine Optimization Social Media Outsource Development 108

Startup Professionals Musings

SEPTEMBER 29, 2018

Buffer your projected resource requirements. Use social media for early marketing. Social media is not rocket science. It’s why most investors proclaim that they invest in people, more than the idea. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money.

Startup 89

Startup Search Engine Optimization Outsource Development Social Media 89

Startup Professionals Musings

JULY 27, 2014

The same is true for filing patents, registering trademarks, and filing copyrights. Social media facilitates marketing and sales. For startups, social media and color printers have essentially replaced the need for external public relations and marketing services. Minimize investment in prototypes and tooling.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

Startup Professionals Musings

SEPTEMBER 14, 2016

Buffer your projected resource requirements. Use social media for early marketing. Social media is not rocket science. It’s why most investors proclaim that they invest in people, more than the idea. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money.

Startup 108

Startup Search Engine Optimization Outsource Development Social Media 108

Startup Professionals Musings

MARCH 11, 2016

According to the Angel Capital Association , at least 300,000 people have made angel investments in the last two years, totaling $24 billion in the U.S. They expect to see at least a prototype solution, funded from your own resources, or friends and family or a grant. Highlight existing presence on the Internet and social media.

Angel 65

Angel Startup Technical Review Social Media 65

Startup Professionals Musings

JULY 27, 2018

This implies high odds of a scalable business, simply needing an investment to lead to success. Patents, trade secrets, and trademarks are very attractive to investors, since these are not easily overcome by competitors. First to market” is not sustainable with normal startup resources.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

AUGUST 14, 2014

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. They 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 93

Competition Startup Patents Slides 93

Startup Professionals Musings

OCTOBER 5, 2014

Buffer your projected resource requirements. Use social media for early marketing. Social media is not rocket science. It’s why most investors proclaim that they invest in people, more than the idea. The best entrepreneurs manage cashflow ruthlessly and never delegate decisions about spending money.

Entrepreneur 105

Entrepreneur Search Engine Optimization Outsource Development Social Media 105

Startup Professionals Musings

SEPTEMBER 2, 2018

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. Be a visible and available expert in your domain.

Services 72

Services Startup Training Writing 72

Startup Professionals Musings

JUNE 27, 2014

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. Be a visible and available expert in your domain.

Services 105

Services Startup Training Writing 105

Startup Professionals Musings

SEPTEMBER 28, 2015

As a startup founder, you won’t have the marketing resources or brand recognition to appeal to all consumers. Thus, it needs an advantage to rise above the crowd, such as a patent and trademarks, unique market positioning or support from industry partners. A focus on a specific market segment. Sustainable competitive advantage.

Pricing 100

Pricing Technical Review Entrepreneur Startup 100

Startup Professionals Musings

AUGUST 17, 2016

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. Be a visible and available expert in your domain.

Services 61

Services Startup Training Writing 61

SoCal CTO

JUNE 9, 2010

Now, thanks to social media, you don't have to outspend. Why Lawyers Don’t Run Startups - Steve Blank , May 27, 2010 Startups need to have a great lawyer, accountant, patent attorney, etc. Consultants Don’t Pivot, Founders Do - Steve Blank , May 13, 2010 Consultants can help startups leverage their limited resources.

Startup 248

Startup Venture Capital Conference Social Media 248

InfoChachkie

OCTOBER 24, 2011

Marketing is free or cheap because of social media. Fortunately, this reality results in valuable resources being applied to a fewer number of viable opportunities. Top talent is not the only resource you can economically acquire in a downturn. People are free or cheap because of the recession. Measure Thrice, Cut Once.

Company 257

Company Companies Startup Study 257

Startup Professionals Musings

JANUARY 25, 2017

Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Highly saturated domains (more than 10 existing players), such as niche social media sites, are highly risky. Make it ready to play in all media. Is the opportunity large and growing?

Startup 58

Startup Education Ideas Customer 58

Jason Nazar

MAY 2, 2016

I created this resource to have the single most comprehensive guide anywhere on all the different items involved in starting a business. If you are inventing or creating a product, understand patents and register for one at the USPTO. Create and manage your social media presence. Human Resources. Recommended.

Outsource Development 40

Outsource Development Startup Google Mentor 40