Both Sides of the Table

MAY 2, 2015

The full financial details and metrics were in the deck. So my time was freed up to call board members in advance and walk them through our metrics and understand any concerns. Who is leading your patent filing program? Establishing Metrics & Monitoring Success (or Failures). HR & Legal. Shame on you.

Outsource Development 150

Outsource Development Metrics Startup Sales 150

Startup Professionals Musings

JUNE 2, 2021

Simple metrics and your personal knowledge of the industry can’t keep up with all the relevant competitive forces. Today’s digital leaders all have a digital platform – a set of algorithms stitched together to collect and analyze key data, and tune their algorithms dynamically for every transaction. You need to be part of a larger ecosystem.

Competition 142

Competition Software Review Social Media Customer 142

Startup Professionals Musings

AUGUST 24, 2020

It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members. On the other hand, if you have a new technology, with patent applied for, maybe you more time to get it right.

Startup 150

Startup Entrepreneur Ideas Metrics 150

socalTECH

AUGUST 12, 2019

They are looking for early-stage companies, which have an advantage with IP, or some sort of patent, or sensibility from the technical perspective. Whether they are building a marketplace, or building an e-commerce platform, understanding the growth metrics for a company is really the key.

Entrepreneur 124

Entrepreneur Metrics Los Angeles IP 124

Startup Professionals Musings

NOVEMBER 29, 2019

The right answer to this question is that you bring some new intellectual property to the table – like a patent or other secret sauce. This will incent earlier thinking outside the box, and help you get metrics in place to track progress, or lack of it, along the way. Why doesn’t this product or service already exist?

Entrepreneur 126

Entrepreneur Ideas Resource Examples 126

Startup Professionals Musings

MARCH 2, 2020

Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. Create a written plan, with target milestones and metrics. I have tried to convince him the general idea alone does not make a business. His challenge is to focus on one market, with a specific design, cost, and price.

Ideas 126

Ideas Writing Examples Outsource 126

Tech Coast Venture Network

FEBRUARY 22, 2010

Design the Job – Include reporting relationships, authority, responsibilities, and performance metrics. Design the Organization – Most grow organically and are based on people, not on the job that needs to be done. Hire the Right Team – Not just on qualifications, but personality and team chemistry.

Design 100

Design Resource Metrics Patents 100

Startup Professionals Musings

JULY 30, 2014

In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper. The auto industry and others have used this model for generations, so business processes and metrics for innovation are well documented.

Technology 103

Technology Entrepreneur Study Research 103

Startup Professionals Musings

NOVEMBER 4, 2019

Any startup with no patents, trade secrets, or other secret sauce is very high risk today. Even a provisional patent will hold your position for a year, can be done by your team at low cost, and will at least incent big competitors to buy your idea rather than just steal it.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

JUNE 10, 2020

You can and must fix this by communicating business goals and objectives, and establishing personal metrics which only reward success. Kodak , as an example, had made so much money on film that they were reluctant to believe in the digital trend, even though they had one of the first digital camera patents.

Startup 113

Startup Examples Coach Metrics 113

Startup Professionals Musings

APRIL 30, 2023

In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper. The auto industry and others have used this model for generations, so business processes and metrics for innovation are well documented.

Social Media 92

Social Media Study Research Metrics 92

Startup Professionals Musings

SEPTEMBER 28, 2015

Thus, it needs an advantage to rise above the crowd, such as a patent and trademarks, unique market positioning or support from industry partners. As an entrepreneur, make sure you understand your direct and indirect costs, staffing requirements, margins and metrics to make sure these elements are in place.

Pricing 100

Pricing Technical Review Entrepreneur Startup 100

Startup Professionals Musings

AUGUST 14, 2016

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Innovation is not a random walk into the unknown.

Coach 64

Coach Metrics Competition Ideas 64

Startup Professionals Musings

AUGUST 18, 2018

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Innovation is not a random walk into the unknown.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

Startup Professionals Musings

MAY 20, 2023

It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members. On the other hand, if you have a new technology, with patent applied for, maybe you more time to get it right.

Startup 110

Startup Ideas Entrepreneur Metrics 110

Startup Professionals Musings

OCTOBER 18, 2014

It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members. On the other hand, if you have a new technology, with patent applied for, maybe you more time to get it right.

Startup 109

Startup Ideas Entrepreneur Metrics 109

Startup Professionals Musings

OCTOBER 12, 2018

It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members. On the other hand, if you have a new technology, with patent applied for, maybe you more time to get it right.

Ideas 102

Ideas Entrepreneur Tips Startup 102

Startup Professionals Musings

OCTOBER 2, 2016

It’s easy for part-timers to make excuses that other priorities caused you to miss milestones, but predictable results and metrics in this mode are even more critical than for full-time members. On the other hand, if you have a new technology, with patent applied for, maybe you more time to get it right.

Entrepreneur 100

Entrepreneur Startup Ideas Metrics 100

Startup Professionals Musings

JULY 31, 2017

A strong work ethic is great, but patents and intellectual property are critical. What metrics should you use to measure success? Define both hard data and soft (anecdotal) metrics on the new solution, as well as on the productivity of you team. You need quantified value for customers to see, feel, and pay for.

Metrics 58

Metrics Resource Startup Training 58

Startup Professionals Musings

JULY 22, 2016

You need to quantify measurable criteria for success, using business metrics. Patents and other intellectual property must be secured at this point. Effective progress requires a detailed project plan, milestones, resource assignments, metrics, and status meetings on a regular schedule. Clearly define and issue the challenge.

Startup 56

Startup Metrics Entrepreneur Resource 56

Startup Professionals Musings

SEPTEMBER 3, 2018

In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper. The auto industry and others have used this model for generations, so business processes and metrics for innovation are well documented.

Startup 65

Startup Social Media Study Research 65

Startup Professionals Musings

AUGUST 21, 2016

In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper. The auto industry and others have used this model for generations, so business processes and metrics for innovation are well documented.

Technology 57

Technology Startup Study Research 57

Startup Professionals Musings

AUGUST 8, 2016

The best differentiation is a patent or other intellectual property that also provides a barrier to entry. The smart ones identify and budget innovative approaches, and use metrics to tools to monitor effectiveness. The same is true for solutions to some social problems, like feeding the hungry, who don’t have any money.

Entrepreneur 58

Entrepreneur Ideas Pricing Customer 58

SoCal CTO

MAY 18, 2010

Software Patent Absurdity - Feld Thoughts , May 6, 2010 Feld on the problems with software patents. SaaS Conversion: Which metrics matter? StartupCFO , May 6, 2010 Great look at important metrics for SaaS and the importance of churn rate.

Startup 150

Startup SaaS Metrics Patents 150

SoCal CTO

JUNE 9, 2010

Why Lawyers Don’t Run Startups - Steve Blank , May 27, 2010 Startups need to have a great lawyer, accountant, patent attorney, etc. Klout Puts Metrics Into Social Media Management - Tim Berry's Blog - Planning Startups Stories , May 21, 2010 I really like klout.com for three good reasons: 1.) It's a great talk. What should I do?’.

Startup 248

Startup Venture Capital Conference Social Media 248

Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. 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.

Search Engine Optimization 124

Search Engine Optimization Outsource Development Social Media Equity 124

Startup Professionals Musings

SEPTEMBER 14, 2016

Cash flow is a basic survival metric for every startup. 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.

Startup 108

Startup Search Engine Optimization Outsource Development Social Media 108

Startup Professionals Musings

OCTOBER 5, 2014

Cashflow is a basic survival metric for every startup. 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.

Entrepreneur 105

Entrepreneur Search Engine Optimization Outsource Development Social Media 105

Startup Professionals Musings

MAY 14, 2023

Cash flow is a basic survival metric for every startup. 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.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

Startup Professionals Musings

SEPTEMBER 29, 2018

Cash flow is a basic survival metric for every startup. 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.

Startup 89

Startup Search Engine Optimization Outsource Development Social Media 89