Metrics, Patents and Social Media - Southern California Tech Central

5 Risk Reduction Strategies For Your Next New Venture

Startup Professionals Musings

APRIL 30, 2023

And we all know Facebook didn’t invent social media. Certainly I’m not recommending just one more Facebook, with a couple of features from Twitter, since social media has an unlimited potential for innovation. The advantage of imitation, with innovation, is that it gives you a solid base for building experience.

Social Media

Social Media Study Research Satisfaction

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

MAY 14, 2023

Cash flow is a basic survival metric for every startup. Use social media for early marketing. Social media is not rocket science. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. The timing of cash flow is everything.

Search Engine Optimization

Search Engine Optimization Outsource Development Social Media Equity

5 Keys To Reducing Startup Risk By Building On Trends

Startup Professionals Musings

AUGUST 8, 2020

And we all know Facebook didn’t invent social media. Certainly I’m not recommending just one more Facebook, with a couple of features from Twitter, since social media has an unlimited potential for innovation. The advantage of imitation, with innovation, is that it gives you a solid base for building experience.

Startup

Startup Social Media Study Research

5 Keys To An Unbeatable Solution For Your New Startup

Startup Professionals Musings

FEBRUARY 13, 2021

For example, I’m not sure the world needs one more social media niche site, or another dating site, or yet another flavored drink alternative. I do recommend non-disclosures and patents, but more can be gained than lost by talking to outside experts. Two heads are better than one.

Startup

Startup Metrics Ideas Entrepreneur

5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Use social media for early marketing. Social media is not rocket science. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. The timing of cash flow is everything.

Search Engine Optimization

Search Engine Optimization Outsource Development Social Media Equity

6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

JUNE 2, 2021

Customers today quickly get beyond these, and put a competitive priority on the experience of others, reflected in reviews and social media, and their own total experience with your sales process, delivery, returns, and support on their schedule. Features, availability, and brand are just the price of entry.

Competition

Competition Software Review Social Media Customer

5 Steps To Get You From Your First Idea To A Business

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. These days, even with the pervasive Internet and social media, it still takes time and money for your marketing and customer communication efforts to have an impact.

Ideas

Ideas Writing Examples Outsource

6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

NOVEMBER 4, 2019

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. Any startup with no patents, trade secrets, or other secret sauce is very high risk today.

Ideas

Ideas Slides Technical Review Patents

5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

SEPTEMBER 29, 2018

Cash flow is a basic survival metric for every startup. Use social media for early marketing. Social media is not rocket science. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. The timing of cash flow is everything.

Startup

Startup Search Engine Optimization Outsource Development Social Media

A Startup That Imitates, With Innovation, Often Wins

Startup Professionals Musings

SEPTEMBER 3, 2018

And we all know Facebook didn’t invent social media. Certainly I’m not recommending just one more Facebook, with a couple of features from Twitter, since social media has an unlimited potential for innovation. The advantage of imitation, with innovation, is that it gives you a solid base for building experience.

Startup

Startup Social Media Study Research

5 Steps To Maximizing Your Startup Cash Flow Runway

Startup Professionals Musings

SEPTEMBER 14, 2016

Cash flow is a basic survival metric for every startup. Use social media for early marketing. Social media is not rocket science. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. The timing of cash flow is everything.

Startup

Startup Search Engine Optimization Outsource Development Social Media

Investors Measure Entrepreneurs By Cashflow Mileage

Startup Professionals Musings

OCTOBER 5, 2014

Cashflow is a basic survival metric for every startup. Use social media for early marketing. Social media is not rocket science. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. Tackling most of the support tasks yourself.

Entrepreneur

Entrepreneur Search Engine Optimization Outsource Development Social Media

Smart Entrepreneurs Don’t Need Disruptive Technology

Startup Professionals Musings

JULY 30, 2014

Certainly, I’m not recommending just one more Facebook, with a couple of features from Twitter, since social media has an unlimited potential for innovation. In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper.

Technology

Technology Entrepreneur Study Research

How To Reduce Startup Risk Using Existing Technology

Startup Professionals Musings

AUGUST 21, 2016

Certainly I’m not recommending just one more Facebook, with a couple of features from Twitter, since social media has an unlimited potential for innovation. In addition, we all know that patent disclosure rules often facilitate legal reverse engineering, and innovation at this point is now much cheaper.

Technology

Technology Startup Study Research

When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

AUGUST 8, 2016

The same is true for solutions to some social problems, like feeding the hungry, who don’t have any money. Remember you can’t sustain a business or social cause with no revenue or profit. The best differentiation is a patent or other intellectual property that also provides a barrier to entry.

Entrepreneur

Entrepreneur Ideas Pricing Customer

10 Business Elements Required to Rise Above the Crowd

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

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