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As a member of the local angel group Selection Committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Every startup needs both a business plan and an investor presentation, completed before you formally approach any investors.
Let’s dive a little deeper and present some “gray area” scenarios to consider. And because there was consideration paid to you in the sale, that clause is binding upon you and is effective almost everywhere. Last week we introduced the subject of non-compete agreements. That does not change their purchased rights to it.
Let’s dive a little deeper and present some “gray area” scenarios to consider. And because there was consideration paid to you in the sale, that clause is binding upon you and is effective almost everywhere. Last week we introduced the subject of non-compete agreements. Now we add complexity to the issue: bankruptcy of the buyer.
Let’s dive a little deeper and present some “gray area” scenarios to consider. And because there was consideration paid to you in the sale, that clause is binding upon you and is effective almost everywhere. Last week we introduced the subject of non-compete agreements. Now we add complexity to the issue: bankruptcy of the buyer.
It freed up Ophir to grow out our sales organization, to work more closely with agencies, to innovate on product and to raise capital. I know you want to live in a world in which you can just present your great ideas to a board, you’ll have great value-added discussions and the right answer will emerge. That’s fantasy.
As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Every startup needs both a business plan and an investor presentation, completed before you formally approach any investors.
The elevator pitch should be the first few paragraphs of your business plan, your executive summary, your investor presentation, and the first page of your web site. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. Present a sustainable competitive advantage.
At present, no world patents or international patent process really exists, so you need to apply in every relevant country. Trying to get patent protection worldwide at the beginning is prohibitively expensive, so pick your geographies and timing carefully and strategically.
As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Every startup needs both a business plan and an investor presentation, completed before you formally approach any investors.
At present, no world patents or international patent process exists, so you need to apply in every relevant country. Trying to get patent protection worldwide at the beginning is prohibitively expensive, so pick your geographies and timing carefully and strategically.
At present, no world patents or international patent process exists, so you need to apply in every relevant country. Trying to get patent protection worldwide at the beginning is prohibitively expensive, so pick your geographies and timing carefully and strategically.
At present, no world patents or international patent process exists, so you need to apply in every relevant country. Trying to get patent protection worldwide at the beginning is prohibitively expensive, so pick your geographies and timing carefully and strategically.
At present, no world patents or international patent process exists, so you need to apply in every relevant country. Trying to get patent protection worldwide at the beginning is prohibitively expensive, so pick your geographies and timing carefully and strategically.
Thus I offer the following outline for how to organize and present your business plan, with specific examples: Start with outlining the customer problem, and your solution. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” and trademarks.
At present, no world patents or international patent process really exists, so you need to apply in every relevant country. Trying to get patent protection worldwide at the beginning is prohibitively expensive, so pick your geographies and timing carefully and strategically.
File at least a provisional patent and one or more trademarks. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Relevant questions include the type of business entity (LLC or C-Corp), licensing or manufacturing, sales and marketing, and staffing.
At present, no world patents or international patent process exists, so you need to apply in every relevant country. Trying to get patent protection worldwide at the beginning is prohibitively expensive, so pick your geographies and timing carefully and strategically.
Jonathan Simkin: I was actually in high school when I decided I'd either start a company when I graduated, or go into patent law. This opportunity sort of just presented itself, because I knew every student hated buying books and there was no easy way to od it. I chose Harvey Mudd because they have a general engineering degree.
It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. The customer pain point must be defined before the solution is presented, so it doesn’t look like you have a solution looking for a problem.
The elevator pitch should be the first few paragraphs of your business plan, your executive summary, your investor presentation, and the first page of your web site. Do you want their business card, to schedule a full presentation, to ask for a referral? Use it in every networking situation and business conference introduction.
This is also the place to first mention patents and any other differentiators that put you ahead of competition. Name the three top ones, and present your sustainable advantage as well as barriers to entry for new startups. What are your specific marketing and sales plans? Highlight elements of traction you already have.
Skip the sales pitch and avoid preaching. For example, “I have patented a new LCD with double the intensity at half the cost, already proven locally, and I just need resources to scale for this market.” For example, “Unlike all the other LCD providers, our patented high intensity light has no blue tint or glare that looks unnatural.”
It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. The customer pain point must be defined before the solution is presented, so it doesn’t look like you have a solution looking for a problem.
File at least a provisional patent and one or more trademarks. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Relevant questions include the type of business entity (LLC or C-corp), licensing or manufacturing, sales and marketing, and staffing.
Traditionally, you just worried about the quality of the sales transaction (price, speed, service), but the “customer experience” now includes ease of pre-sale shopping, post-sale support, with a connected relationship throughout. This can save them grief, as well as reduce your own marketing and sales costs.
File at least a provisional patent and one or more trademarks. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Relevant questions include the type of business entity (LLC or C-Corp), licensing or manufacturing, sales and marketing, and staffing.
Even a trusted manufacturer generally employs numerous subcontractors and this can easily lead to unauthorized copying as well as loss of intellectual property rights, despite patent protection. However, the financial benefit may exceed the risk of losing partial patent protection. Carefully choose the head of international operations.
Scan the Internet for existing patents and some “credible unbiased third party” data that confirms there is really a market for a solution resulting from your idea. Rather than starting with a full business plan, I recommend that you start with an executive summary of a couple of pages, or an executive level presentation of maybe ten charts.
It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. The customer pain point must be defined before the solution is presented, so it doesn’t look like you have a solution looking for a problem.
Developing their business directly through partnerships with sports teams, Crowd Seats has the ability to get larger discounts on potentially unused ticket sales to provide value for the fans, teams, and venues. Our next company to present was Danger Room Gaming and their Rapid Fire Trivia games.
Scan the Internet for existing patents and some “credible unbiased third party” data that confirms there is really a market for a solution resulting from your idea. Rather than starting with a full business plan, I recommend that you start with an executive summary of a couple of pages, or an executive level presentation of maybe ten charts.
I recommend a ten-slide pitch to start, reviewed by friends and advisors, to be expanded to a ten-to-twenty-page business plan with opportunity sizing, cost and price details, competitors, marketing and sales strategy, financial projections, and resources required. Make sure your solution is defensible and unique.
Scan the Internet for existing patents and some “credible unbiased third party” data that confirms there is really a market for a solution resulting from your idea. Rather than starting with a full business plan, I recommend that you start with an executive summary of a couple of pages, or an executive level presentation of maybe ten charts.
Barry Lieberman: My backgruond is about 35 years in technology, business development, and sales and marketing. I built my own company around marketing services, and have been around business development, marketing, custom service, and sales, and also on the consumer side of technology, a little bit a mix of the two. All are separate.
We will go to the cable MSO, and totally white label our technology so it looks and fells and smells to end users, customer service, technical support, and sales people, like their own brand. We've got patents on technology that helps save bandwidth utilized for VoIP calls and particularly for video.
The 10 startups presented a mix of innovation for consumers and enterprise with some sure to please twists. The Black Tux online tuxedo rental, which is reinventing the customer experience in the antiquated $10B+ tuxedo rental and sales industry. RocksBox , a new discovery and sales channel for designer fashion jewelry.
At present, no world patents or international patent process really exists, so you need to apply in every relevant country. Trying to get patent protection worldwide at the beginning is prohibitively expensive, so pick your geographies and timing carefully and strategically.
Have you patented it? How will you generate awareness and close sales? Today's guest blog is by Akira Hirai, founder of Cayenne Consulting, a firm that helps entrepreneurs prepare for the fund raising process by developing strategies, business plans, financial forecasts, and presentation materials. His website is [link].
I believe the Alliance for SoCal Innovation ran some numbers, and we were tied in terms of university patents generated with Massachusetts, blowing out San Francisco and the Bay Area. Tickets are already on sale for that one, and we'll also be hosting some holiday parties. Thanks, and congrats on the new role! READ MORE>>.
ABSA Jewish Entrepreneur of the Year – WINNER (This award was actually presented by Gill Marcus) – (Annex.13). We are in the process of integrating into various point of sales and providing prefunded vouchers for the unbanked. A member of the Young Presidents Organization YPO – since 2003. So we bring business to banks.
File at least a provisional patent and one or more trademarks. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Relevant questions include the type of business entity (LLC or C-Corp), licensing or manufacturing, sales and marketing, and staffing.
It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business. The customer pain point must be defined before the solution is presented, so it doesn’t look like you have a solution looking for a problem.
If you are inventing or creating a product, understand patents and register for one at the USPTO. Set up a collaboration method for business documents, spreadsheets and presentations ( GoogleApps ). Create a sales forecasts and financial projections regularly. Execute the 5 Step Sales Process. Recommended.
And while that cliché has been said about everything in the Lone Star state for years, it rings particularly true for the hottest startups showcasing their big innovations at SXSW Startup Night 2018 presented by the Kauffman Foundation and TechCo. Think of looking at a dot graph of your business sales in virtual reality.
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