Startup Professionals Musings

OCTOBER 15, 2023

Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Yet I can assure you that people who are paranoid, or want to avoid all risks, won’t be happy as entrepreneurs, so it’s all about balancing the risk-reward scale.

Technical Review 101

Technical Review Patents Ideas Sample 101

Startup Professionals Musings

OCTOBER 13, 2019

This approach, popularly known as “ glocalization ,” means you have to design and deliver global solutions that have total relevance to every local market in which you operate. What all this doesn’t mean is that you should roll out your product in every country at the same time. with demands for new products and services.

Marketing 94

Marketing Patents Offshore Startup 94

Startup Professionals Musings

APRIL 29, 2022

Most of you business owners I know are looking forward to the day when your product, team and processes begin to mature, and your business growth keeps tilting upward as you scale. Unfortunately, without your proactive efforts to counter predictable market challenges , early growth can quickly stall.

Marketing 110

Marketing Pricing Startup Custom 110

Startup Professionals Musings

JULY 18, 2022

This approach, popularly known as “ glocalization ,” means you have to design and deliver global solutions that have total relevance to every local market in which you operate. What all this doesn’t mean is that you should roll out your product in every country at the same time. with demands for new products and services.

Patents 106

Patents Offshore Startup Demand 106

Startup Professionals Musings

FEBRUARY 1, 2021

Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Yet I can assure you that people who are paranoid, or want to avoid all risks, won’t be happy as entrepreneurs, so it’s all about balancing the risk-reward scale.

Ideas 159

Ideas Tips Technical Review Patents 159

Startup Professionals Musings

SEPTEMBER 18, 2022

Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding.

Competition 133

Competition Patents Resource Invest 133

Berkonomics

AUGUST 31, 2023

Know your market and competition, or don’t spend a dime on anything else. Well, here is one of those, and it deals with market research first and foremost. But wait for the mic drop… [Email readers, continue here…] Here’s where some intelligent market research might have saved the company and my investment.

Competition 156

Competition Research Summary Pricing 156

Startup Professionals Musings

MARCH 17, 2023

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition.

Competition 111

Competition Entrepreneur Patents Custom 111

Startup Professionals Musings

SEPTEMBER 25, 2021

A business is about making money, while inventions are more about spending money. According to an old Harvard Business Review article, many people in history, famous for their inventions, like Thomas Edison, were entrepreneurs who only later were remembered as inventors of the products they commercialized.

Technical Review 156

Technical Review Funding Patents Ideas 156

Startup Professionals Musings

SEPTEMBER 13, 2014

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements about them to their own team, investors and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition.

Competition 107

Competition Entrepreneur Patents Custom 107

Startup Professionals Musings

OCTOBER 24, 2021

When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Select it well – marketers will tell you that you will be selling your name, more than your products. Trademarks. Copyrights.

Startup 145

Startup Patents IP Social Media 145

Startup Professionals Musings

FEBRUARY 14, 2021

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. First to market, for example, is not normally a sustainable advantage for startups. Clear product differentiation and a singular focus.

Competition 166

Competition Funding Startup Patents 166

Startup Professionals Musings

OCTOBER 26, 2018

New technology markets and paradigm shifts have traditionally been bad bets when seeking investors, since these were known to take decades to develop, and cost lots of money. For example, consider how many years it took for the market to move from radio to television, or fully accept personal computers on every desktop.

Marketing 92

Marketing Demand Examples Social Media 92

Startup Professionals Musings

MAY 1, 2021

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Your solution fills a real market need. Watching the orders come in, or the product moving off the shelf, is the feedback you have been looking for.

Startup 160

Startup Patents Competition Social Network 160

Startup Professionals Musings

DECEMBER 30, 2020

It starts with documenting and communicating a real purpose and mission in terms everyone can get excited about. You may think that patents and copyrights are not required, since your products are so innovative, but you will find that competitors are quick to copy your idea if you don’t protect it.

Entrepreneur 173

Entrepreneur Patents Startup Technical Review 173

TechCrunch LA

APRIL 22, 2019

Sarah Paiji had the idea to launch the eco-friendly refillable cleaning supply retailer Blueland after hearing about the abundance of microplastics in the water she was using to dilute her child’s baby formula. The answer she came up with is Blueland, a new line of cleaning products that launches today.

Design 161

Design Patents Los Angeles Ideas 161

Startup Professionals Musings

OCTOBER 13, 2012

This approach, popularly known as “glocalization,” means you have to design and deliver global solutions that have total relevance to every local market in which you operate. What all this doesn’t mean is that you should roll out your product in every country at the same time. with demands for new products and services.

Marketing 104

Marketing Startup Patents Offshore 104

Startup Professionals Musings

NOVEMBER 8, 2017

This approach, popularly known as “ glocalization ,” means you have to design and deliver global solutions that have total relevance to every local market in which you operate. What all this doesn’t mean is that you should roll out your product in every country at the same time. with demands for new products and services.

Marketing 54

Marketing Patents Offshore Startup 54

Both Sides of the Table

MARCH 11, 2011

He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. He thought, “This way any product you launch you can talk instantly with and get feedback from customers.&# They would give companies $250,000 to launch their products.

Competition 350

Competition Idealab Product CitySearch 350

Startup Professionals Musings

JUNE 12, 2016

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition.

Competition 62

Competition Entrepreneur Patents Custom 62

Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model. Target market. Sales/Marketing.

Sales 102

Sales Custom Customer Outsource 102

Startup Professionals Musings

FEBRUARY 12, 2023

Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Viral marketing costs real money, and your support staff and hosting systems cost even more. There is no substitute for market research to confirm that your passion matches a real need in the market.

Startup 124

Startup Writing Entrepreneur Ideas 124

Xconomy

JULY 5, 2016

People who live outside of Indiana probably know a few things about it: The Indianapolis 500, a.k.a. But people might not know much about Indiana’s economy and its culture of innovation. Here are three things you probably didn’t know about the Hoosier State: 1. billion in exports during the 12 months ended Sept.

Patents 67

Patents Research Anthem Education 67

Startup Professionals Musings

AUGUST 18, 2014

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

JUNE 15, 2020

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition.

Competition 125

Competition Entrepreneur Patents Custom 125

Startup Professionals Musings

SEPTEMBER 15, 2023

Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas. Developing the ideal product the first time around is unlikely, high risk, and very expensive in today’s chaotic market.

Artificial Inteligence 114

Artificial Inteligence Ideas Satisfaction Custom 114

Startup Professionals Musings

DECEMBER 14, 2019

Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding.

Competition 120

Competition Patents Resource Invest 120

Startup Professionals Musings

FEBRUARY 11, 2023

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). This is the confirmation that your product or service fills a real need in the marketplace. Note the growth of your team and your own leadership.

Startup 118

Startup Satisfaction Custom Customer 118

Startup Professionals Musings

MAY 23, 2020

It’s still popular these days for startup founders to operate in stealth mode, meaning no details about the idea or progress are shared with anyone until the big reveal and rollout. The common reason given is that this prevents any competitor from stealing their idea and beating them to market. Optimize your web history and presence.

Search Engine Optimization 174

Search Engine Optimization Ideas Startup Custom 174

Startup Professionals Musings

FEBRUARY 10, 2012

A good answer might be “We have several patents on the base technology, which is so robust that we expect to roll out new products every year for the next ten years, always staying a step ahead of our competitors.” Our product is truly disruptive technology.” Our patent will protect us.” We have the first mover advantage.”

Patents 90

Patents Competition IBM IBM 90

Startup Professionals Musings

JULY 17, 2022

Market change happens too frequently these days, and organizations need to quickly change course just to survive. Willingness in analysis, vision, and numbers to think about the future. The BHAG always poses three questions in parallel: What are you deeply passionate about? Initiating and pacing the implementation process.

Organization 118

Organization Course Patents Entrepreneur 118

Berkonomics

FEBRUARY 17, 2010

Know your market and competition, or don’t spend a dime on anything else. I have stated previously that I love absolutes – statements with no wiggle room for gray-area responses. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel.

Marketing 247

Marketing Competition Research Summary 247

Startup Professionals Musings

JULY 27, 2018

I’m still amazed at how many technical entrepreneurs don’t have a business pitch, and offer me their product pitch or product spec instead. I’m a technologist, so I always love to learn about the product, but every investor needs to make sure you have a business, as well as a product.

Product 58

Product Slides Entrepreneur Invest 58

Berkonomics

JULY 6, 2017

Know your market and competition, or don’t spend a dime on anything else. Well, here is one of those, and it deals with market research first and foremost. Here’s where some intelligent market research might have saved the company and my investment. I love absolutes – statements with no wiggle room for gray-area responses.

Competition 266

Competition Research Summary Pricing 266

Startup Professionals Musings

MAY 31, 2020

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Startup Professionals Musings

FEBRUARY 17, 2021

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. Work out of your home, and keep your own books.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

Berkonomics

JUNE 1, 2023

Note that none of these three famous innovators were inventors like Thomas Edison, but visionaries who see a new marketplace or niche or how to reach the mass market in ways not previously attempted. What about Edison, Bell and tesla? Commissioner of Patents in 1899. Innovation does not always equal invention. Duell, U.S.

Artificial Inteligence 156

Artificial Inteligence UCLA Web Patents 156