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. You don’t have enough hours in a day, or trained people, to succeed with lower margins in a services startup.
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. You don’t have enough hours in a day, or trained people, to succeed with lower margins in a services startup.
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Startup Professionals Musings
JANUARY 8, 2023
Despite some recent advances, there are still some cultures which have less regard for patents and other intellectual property. It’s hard to write a detailed specification on an evolving new service, process, or product that embodies your core competency. Keep intellectual property keys in-house.
Startup Professionals Musings
OCTOBER 15, 2022
Some entrepreneurs love to talk and produce videos, but hate to write anything down. Registered patents and other intellectual property. There is no substitute for experience and trained skills in the business area you are attacking. Others send investors email and business plans in all uppercase or no punctuation.
Startup Professionals Musings
JANUARY 13, 2020
Some entrepreneurs love to talk and produce videos, but hate to write anything down. Registered patents and other intellectual property. There is no substitute for experience and trained skills in the business area you are attacking. Others send investors email and business plans in all uppercase or no punctuation.
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. You don’t have enough hours in a day, or trained people, to succeed with lower margins in a services startup.
Startup Professionals Musings
APRIL 13, 2020
Despite some recent advances, there are still some cultures which have less regard for patents and other intellectual property. It’s hard to write a detailed specification on an evolving new service, process, or product that embodies your core competency. Keep intellectual property keys in-house.
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