Startup Professionals Musings

JUNE 27, 2014

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Services 105

Services Startup Training Writing 105

Berkonomics

MARCH 14, 2019

Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Second: Market risk.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

DECEMBER 14, 2019

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” The problem is that startups have limited resources to keep them ahead of big companies.

Competition 120

Competition Patents Resource Invest 120

Startup Professionals Musings

AUGUST 17, 2016

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Don’t let your service be viewed as a commodity.

Services 61

Services Startup Training Writing 61

Startup Professionals Musings

JUNE 19, 2023

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Failure is an option.

Entrepreneur 101

Entrepreneur Startup Ideas Competition 101

Startup Professionals Musings

FEBRUARY 17, 2021

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated. The same is true for filing patents, registering trademarks, and filing copyrights.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

Startup Professionals Musings

SEPTEMBER 26, 2020

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Failure is an option.

Startup 171

Startup Ideas Entrepreneur Competition 171

Startup Professionals Musings

JUNE 25, 2021

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed the classic book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks.

Ideas 136

Ideas Entrepreneur Mentor Resource 136

Berkonomics

MARCH 15, 2012

Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

NOVEMBER 4, 2019

There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. Unfortunately, I see good startups fail simply because they don’t have the resources or intellectual property to stay ahead of copycats or big players who see the potential as soon as you step into the marketplace.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

JUNE 2, 2021

Features, availability, and brand are just the price of entry. In many cases, growing the ecosystem is so important that your best competitive move may be to invest in facilitating “competition,” such as Tesla Motors giving away their battery patents to other auto providers, without royalties, to build the ecosystem.

Competition 142

Competition Software Review Social Media Customer 142

Startup Professionals Musings

AUGUST 2, 2015

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” The problem is that startups have limited resources to keep them ahead of big companies.

Startup 118

Startup Competition Patents Resource 118

Startup Professionals Musings

JUNE 25, 2014

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” The problem is that startups have limited resources to keep them ahead of big companies.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Startup Professionals Musings

JANUARY 27, 2018

A strong answer should be something like “Our product introduces a new lower-cost technology, which we have patented and trademarked, that makes us very attractive today, and will provide a wealth of additional products as we move forward.” The problem is that startups have limited resources to keep them ahead of big companies.

Competition 51

Competition Patents Resource Entrepreneur 51

Startup Professionals Musings

DECEMBER 9, 2018

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Failure is an option.

Guide 95

Guide Startup Ideas Entrepreneur 95

Startup Professionals Musings

AUGUST 14, 2014

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. They simply don’t have the resources to keep ahead of large competitors who see initial traction and go after it.

Competition 93

Competition Startup Patents Slides 93

Startup Professionals Musings

SEPTEMBER 28, 2015

As a startup founder, you won’t have the marketing resources or brand recognition to appeal to all consumers. Thus, it needs an advantage to rise above the crowd, such as a patent and trademarks, unique market positioning or support from industry partners. Product distribution or service delivery.

Pricing 100

Pricing Technical Review Entrepreneur Startup 100

Startup Professionals Musings

NOVEMBER 5, 2016

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Failure is an option.

Startup 103

Startup Ideas Entrepreneur Competition 103

Startup Professionals Musings

APRIL 29, 2015

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed a recent book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks.

Ideas 104

Ideas Mentor Resource Entrepreneur 104

Startup Professionals Musings

MARCH 22, 2014

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed a recent book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks.

Ideas 107

Ideas Mentor Entrepreneur Resource 107

Startup Professionals Musings

JULY 27, 2014

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated. The same is true for filing patents, registering trademarks, and filing copyrights.

Entrepreneur 104

Entrepreneur Startup Social Media Commerce 104

Startup Professionals Musings

NOVEMBER 17, 2017

There are lots of resources available for that question, including the Internet and mentors like me. As an example of a good resource, I enjoyed a classic book, “ Idea To Invention ,” by Patricia Nolan-Brown, that does a great job on the key steps. File at least a provisional patent and one or more trademarks.

Ideas 56

Ideas Mentor Resource Product 56

Startup Professionals Musings

MARCH 14, 2013

According to a recent MIT study , only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Seek innovation that begets invention.

Startup 105

Startup Ideas Entrepreneur Competition 105

Startup Professionals Musings

JULY 27, 2018

Business model showing costs, pricing, and margins. Potential investors love to see gross margins in the fifty percent range or greater, with recurring revenue through subscriptions, follow-on sales, or services. Patents, trade secrets, and trademarks are very attractive to investors, since these are not easily overcome by competitors.

Product 58

Product Slides Entrepreneur Invest 58

Startup Professionals Musings

JANUARY 30, 2012

According to a recent MIT study , only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. First-movers have an initial advantage, but this position is fraught with risk, and often comes with a high price. Seek innovation that begets invention.

Entrepreneur 94

Entrepreneur Startup Ideas Competition 94

InfoChachkie

OCTOBER 24, 2011

It may sound counterintuitive, but the greater constraint investors place on their financial resources during a downturn, the better your chances of success, given (of course) that your adVenture is able to either secure funding or generate adequate revenue from customers, as described below in reason #7 – Customer Dollars Taste Great.

Company 257

Company Companies Startup Study 257

Jason Nazar

MAY 2, 2016

I created this resource to have the single most comprehensive guide anywhere on all the different items involved in starting a business. If you are inventing or creating a product, understand patents and register for one at the USPTO. For a corporation and LCC, you must register a service agent. Human Resources.

Outsource Development 40

Outsource Development Startup Google Mentor 40

socalTECH

APRIL 29, 2014

Mann had long sold the company and patents, but one of their providers which had been installing them surgically, and had started installing parts from China. Unfortunately, those providers decided the gold leads were expensive, and decided to use a Chinese vendor which would provide them at half price.

Startup 262

Startup Competition Software Review UCLA 262

Both Sides of the Table

MAY 2, 2015

Clearly the founders and senior executives of a company are the most valuable resources and their time should be maximized on the most valuable tasks. They can help you with pricing. Who is leading your patent filing program? I have seen many companies who without a great CFO have squandered a great product or service.

Outsource Development 150

Outsource Development Metrics Startup Sales 150

socalTECH

JULY 29, 2009

It's a very linear process, and allows them to capture knowledge and link to centralized resources that relate to a topic, including documents, pictures, files, video. Milo Sindell: In terms of business model, it's a subscription service. We have patents filed on this process. It has links to supporting web site and resources.

Geni 100

Geni Web Guide Platform 100

Tech Zulu Event

JANUARY 20, 2012

In college at the California Institute of Technology, he patented a new loudspeaker design and formed GNP Loudspeakers, Inc. Prior to Idealab, Alex led sales and marketing efforts for venture-backed startups focused on enterprise software and services. Price: $25 (Early Bird). Event Details. to 10:00 p.m. RSVP: AGENDA.

Idealab 84

Idealab Tech Coast Angels CalTech Startup 84

SoCal Delicious

MAY 6, 2012

Laura Brashier is the founder of 2date4love , an online dating service for singles who are unable to have sexual intercourse but still want to find love. Michael Schneider is the CEO of Mobile Roadie , the leading self-service mobile app engagement platform. Laura Brashier – Founder of 2date4love.

Los Angeles 78

Los Angeles Entrepreneur Angel Fractional CTO 78

Frank Addante

MAY 15, 2006

I am extremely passionate about what we accomplished at L90 in a short period of time with very little resources. Patent Lawsuit 6. They had products that were already in the market, piles of cash, tons of customers and revenue, seemingly endless resources and lots of employees. Bootstrap 2. 7th Horse in a 7 Horse Race 3.

Advertising 40

Advertising Startup Chief Technology Officer Technical Review 40