article thumbnail

6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. Any startup with no patents, trade secrets, or other secret sauce is very high risk today. Present at trade shows and network with your ten-slide pitch to build your following.

Ideas 94
article thumbnail

7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Based on my experience as an angel investor and a mentor to dozens of entrepreneurs, having no business plan is the quickest way to define yourself as just a dreamer, or at best a hobbyist. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. The details can be added later.

Startup 65
article thumbnail

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

If you want the full SlideShare deck with many slides not in either post it’s in this link –> The LA Tech Market. The patents Overture held became known in small circles as Google’s ’361 problem as outlined here. And here is your moment of zen … the full deck with many additional slides.