Startup Professionals Musings

MARCH 3, 2023

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. Each of these activities should have associated costs and resource requirements. Development schedule and checkpoints.

Product 112

Product Summary Activity Entrepreneur 112

Startup Professionals Musings

MAY 14, 2023

Buffer your projected resource requirements. Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. You will make mistakes.

Search Engine Optimization 103

Search Engine Optimization Outsource Development Social Media Equity 103

InfoChachkie

AUGUST 10, 2010

“Good Lord Boyet, my beauty, though but mean, Needs not the painted flourish of your praise: Beauty is bought by judgment of the eye, Not uttered by base sale of chapmen’s tongues” . It requires you to expend your two most valuable resources, your time and your money. Not All Patent Types Are Created Equal.

IP 256

IP Patents Company Companies 256

Berkonomics

AUGUST 10, 2017

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. Not long after, the company was sold in a “fire sale” amounting to slightly less than the debt on the books. All investors, including the VC firm, lost everything.

Venture Capital 243

Venture Capital Product Resource Marketing 243

Startup Professionals Musings

APRIL 29, 2023

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. The investor perspective is that no manufacturing or inventory implies a minimal need for capital up front.

Startup 111

Startup Training Services Writing 111

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

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

FEBRUARY 17, 2021

The same is true for filing patents, registering trademarks, and filing copyrights. Social media facilitates marketing and sales. Almost anyone can start a company today on a shoestring budget, following these cost-cutting recommendations: Establish a solid legal structure for your business.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

Startup Professionals Musings

AUGUST 3, 2020

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. The investor perspective is that no manufacturing or inventory implies a minimal need for capital up front.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

FEBRUARY 13, 2021

You may be a product expert, but have little experience with running a business, or marketing, or sales. I do recommend non-disclosures and patents, but more can be gained than lost by talking to outside experts. Successful people look for complementary co-founders, and hire a multi-faceted team.

Startup 162

Startup Metrics Ideas Entrepreneur 162

Startup Professionals Musings

AUGUST 19, 2020

Buffer your projected resource requirements. Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. You will make mistakes.

Search Engine Optimization 124

Search Engine Optimization Outsource Development Social Media Equity 124

Startup Professionals Musings

APRIL 10, 2021

They run into difficulty when their business reaches the $1-2 million annual sales range, or their employee count exceeds 5-10. Organizing means bringing together the necessary resources, and assembling the right people, then assigning work to specific people to be accomplished at specific times to specific standards of performance.

Startup 171

Startup Organization Training Entrepreneur 171

Startup Professionals Musings

MAY 31, 2020

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. Each of these activities should have associated costs and resource requirements. Development schedule and checkpoints.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

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. These have the vision and the resources to fund long-term digital success.

Competition 142

Competition Software Review Social Media Customer 142

Startup Professionals Musings

AUGUST 18, 2018

Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. From time to time, include customers and sales members in ideation sessions. Once a new product is launched, a key metric is the ratio of new product sales to overall sales. Value creation.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

Startup Professionals Musings

FEBRUARY 22, 2012

No known patents filed. Maybe the solution hasn’t yet been commercialized, but a patent has been submitted by someone else, putting your idea in jeopardy. Another series of searches on Google Patents and the US Patent Office site and Free Patents Online is in order at this point. No idea is worth that.

Ideas 97

Ideas Patents Startup Google 97

Startup Professionals Musings

SEPTEMBER 29, 2018

Buffer your projected resource requirements. Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. You will make mistakes.

Startup 89

Startup Search Engine Optimization Outsource Development Social Media 89

Startup Professionals Musings

JANUARY 14, 2011

No known patents filed. Maybe the solution hasn’t yet been commercialized, but a patent has been submitted by someone else, putting your idea in jeopardy. Another series of searches on Google Patents and the US Patent Office site and Free Patents Online is in order at this point. No idea is worth that.

Ideas 94

Ideas Patents Startup Google 94

Startup Professionals Musings

AUGUST 14, 2016

Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. From time to time, include customers and sales members in ideation sessions. Once a new product is launched, a key metric is the ratio of new product sales to overall sales. Value creation.

Coach 64

Coach Metrics Competition Ideas 64

Startup Professionals Musings

JULY 31, 2017

A strong work ethic is great, but patents and intellectual property are critical. Deliverables and the resources you have on board are two sides of the same equation. Just because Google sales hit $1.5 Making last-minute enhancements to a solution without additional time or resources is called scope creep.

Metrics 58

Metrics Resource Startup Training 58

Startup Professionals Musings

JULY 31, 2015

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.” Build up for the punch line at the end. Always start with a hook to get the investor’s attention.

Startup 104

Startup Summary Patents Examples 104

Startup Professionals Musings

SEPTEMBER 14, 2016

Buffer your projected resource requirements. Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. You will make mistakes.

Startup 108

Startup Search Engine Optimization Outsource Development Social Media 108

Both Sides of the Table

AUGUST 14, 2017

Agreeing an annual budget Setting a 409a valuation used to price stock options Agreeing stock option allocations Reviewing financial performance Talking about the organizational structure and where we need to bolster things Discussing sales & marketing strategies, product launches, technical challenges Talking about law suits (patents, trademarks, (..)

Startup 217

Startup Technical Review Equity Report 217

Startup Professionals Musings

APRIL 28, 2014

Chief Sales Officer (VP Sales). What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. See this anecdote by Steve Blank on how a hotshot sales executive can sink your startup.

CTO Hire 100

CTO Hire Funding Cloud Computing CIO 100

Startup Professionals Musings

JULY 27, 2018

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. Business model showing costs, pricing, and margins.

Product 58

Product Slides Entrepreneur Invest 58

Berkonomics

MARCH 30, 2010

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

Venture Capital 212

Venture Capital Product Resource Marketing 212

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. It freed up Ophir to grow out our sales organization, to work more closely with agencies, to innovate on product and to raise capital. Who is leading your patent filing program?

Outsource Development 150

Outsource Development Metrics Startup Sales 150

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

SEPTEMBER 2, 2018

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. The investor perspective is that no manufacturing or inventory implies a minimal need for capital up front.

Services 72

Services Startup Training Writing 72

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

FEBRUARY 22, 2013

Chief Sales Officer (VP Sales). What you really need is a VP of Marketing and Customer Development, who can help with lead generation and honing the message, rather than an executive to manage a sales team and existing customers. See this anecdote by Steve Blank on how a hotshot sales executive can sink your startup.

Startup 97

Startup Invest CTO Hire Cloud Computing 97

Startup Professionals Musings

OCTOBER 5, 2014

Buffer your projected resource requirements. Waiting until you have something to sell before bringing on a sales and operations staff. Getting a sales contract before manufacturing inventory. The best entrepreneurs manage cashflow ruthlessly and never delegate decisions about spending money. You will make mistakes.

Entrepreneur 105

Entrepreneur Search Engine Optimization Outsource Development Social Media 105

SoCal CTO

SEPTEMBER 20, 2011

You’ll refine your sales and investor pitch. Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property? You’ll learn a lot more about the sector/industry. You’ll learn about competitive products that exist or are being built. False Confidence.

Startup 211

Startup IP Ideas Patents 211

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

AUGUST 18, 2014

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. Each of these activities should have associated costs and resource requirements. Development schedule and checkpoints.

Product 101

Product Entrepreneur Summary Activity 101

SoCal CTO

SEPTEMBER 20, 2011

You’ll refine your sales and investor pitch. Some resources on this: Intellectual Property is More Than Patents Does My Startup Have Intellectual Property? You’ll learn a lot more about the sector/industry. You’ll learn about competitive products that exist or are being built. False Confidence.

Startup 198

Startup IP Ideas Patents 198

Startup Professionals Musings

AUGUST 11, 2014

If you have ever written a patent application, you know its all about details, linkages, and causes vs. effects. You have to give the creator some resources, time, and throw in some food once in a while, and a completed design will appear in due time. They hate sales, and dont understand what making a profit even means.

Entrepreneur 102

Entrepreneur Ideas Patents Resource 102