Startup Professionals Musings

SEPTEMBER 15, 2023

Developing the ideal product the first time around is unlikely, high risk, and very expensive in today’s chaotic market. Elon Musk with SpaceX is an example of a new business bringing in technologies from artificial intelligence and solar power to develop smart and reusable rockets to do satellite delivery and space travel.

Artificial Inteligence 114

Artificial Inteligence Ideas Satisfaction Customer 114

Startup Professionals Musings

JANUARY 31, 2020

Yet I find a big difference between “starting a new business” and “creating a new product.” In my experience, most successful entrepreneurs have indeed created a new product, but most people who claim to be inventors have a hard time starting a business. Two people with complementary skills are often equal to three.

Startup 124

Startup Entrepreneur Customer Custom 124

Startup Professionals Musings

OCTOBER 19, 2015

Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development. I exhort entrepreneurs to keep it simple, start with a minimum viable product (MVP), and test it out with early customers.

Technical Review 101

Technical Review Patents Entrepreneur Customer 101

Both Sides of the Table

NOVEMBER 5, 2014

” When Elon Musk set out to build SpaceX he wasn’t greeted with enthusiasm from the space community not used to having a private enterprise challenge the government funded space exploration of NASA. We checked patents. When we ship product. But would you expect Apple to reveal its product details before launching?

Technical Review 417

Technical Review Startup Course Software Review 417

Startup Professionals Musings

JULY 22, 2016

Elon Musk has done it with SpaceX and Tesla, and Steve Jobs did it on a regular basis at Apple. Patents and other intellectual property must be secured at this point. Announce and launch an operational product. The challenge is to do it by design like these guys, rather than by exception. Move into full project execution mode.

Startup 56

Startup Metrics Entrepreneur Resource 56

SoCal Delicious

SEPTEMBER 19, 2012

Elon Musk – SpaceX, Tesla Motors, PayPal. His second venture was Tesla Motors, creating the first production electric car of the modern era. Finally, and probably his best-known company, SpaceX is Musk’s third hyper-successful business. Think the new products are the only big things happening for Apple today?

Technical Review 75

Technical Review Entrepreneur Riot Games Southern California 75