Remove Patents Remove Pricing Remove Sales Remove Writing
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Financing with grants, not equity or debt

Berkonomics

The company created a product that could be delivered as a service to medical clinicians anywhere in the world, enhancing their ability to understand their patents’ problems and needs in less time, using the expertise built into an AI expert system created by the best minds in many medical specialties. Other sources of grants.

Equity 156
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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

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. Indeed, there are some success factors that are common to both environments. Capture your “secret sauce.”

Startup 111
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Can you finance your company with grants?

Berkonomics

I am chairman of a company that, as I write this, is twelve years old and has not yet taken a dollar of outside investment. Grant writing takes skill and immense amounts of time. First, here’s a link to my recent TEDx talk, “Smiling at success; laughing at failure.”

Company 166
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7 Success Factors When Your People Are The Solution

Startup Professionals Musings

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. Indeed, there are some success factors that are common to both environments. Capture your “secret sauce.”

Startup 174
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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

Writing down key parameters will force you solidify the specifics, and mentally commit to them. Any startup with no patents, trade secrets, or other secret sauce is very high risk today. Others may be so exciting that you will find multiple competitors fighting for the same space.

Ideas 94
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Growing A Services Business Requires Selling Yourself

Startup Professionals Musings

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. Indeed, there are some success factors that are common to both environments. Capture your “secret sauce.”

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What Do Boards Actually Do?

Both Sides of the Table

I have been meaning to write this for a while as I’ve noticed that much of my board time is involved in trying to be an independent referee for founders who themselves are trying to resolve their own conflicts. I saw this first hand with a CEO who tried to get into numerous company-betting lawsuits that we knew weren’t in his best interest.

Startup 217