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Insights and Opinions: What Startups Need to Know About Patent Reform

socalTECH

In our Insights and Opinions section of the site, we feature editorials, informational articles, and other content that is relevant to the high tech community in Southern California. Congress recently passed some major changes to federal patent law. No industry will be untouched by patent reform. Here's what you need to know.

Patents 150
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5 Keys To An Unbeatable Solution For Your New Startup

Startup Professionals Musings

For example, I’m not sure the world needs one more social media niche site, or another dating site, or yet another flavored drink alternative. A successful startup requires a full understanding of multiple domains, rarely embodied in one person. Collaborate with experts and people with experience. Two heads are better than one.

Startup 162
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7 Ways To Validate Your Business Idea Before Starting

Startup Professionals Musings

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. Passion, optimism, and determination are necessary but not sufficient to assure a successful startup. Check for intellectual property barriers in your way.

Ideas 106
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4 Key Questions To Size The Potential Of Your Startup

Startup Professionals Musings

Every startup and every new business needs a unique selling proposition (USP) to get people’s attention these days, and make it stand out in the information overload we all see. I’m looking for the “hook” right up front, or I lose interest quickly, just like every customer and investor these days. Do include some quantification.

Startup 166
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7 Due Diligence Checks On Your Idea To Save Some Pain

Startup Professionals Musings

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. Passion, optimism, and determination are necessary but not sufficient to assure a successful startup. Check for intellectual property barriers in your way.

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6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. Almost anyone can start a company today on a shoestring budget, following these cost-cutting recommendations: Establish a solid legal structure for your business.

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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

Thus I often recommend that before you kick off your own business, you join another startup or existing business to see how things really work. It starts with documenting and communicating a real purpose and mission in terms everyone can get excited about. Even the best college degree is not a substitute.