TechEmpower

AUGUST 21, 2023

Other common scenarios that we’ve seen: Scaling and new markets: Your company and product are established, and now you’re scaling or going after new markets. Our goal is to build a decent understanding of your business, your product, and your technology. We then review the answers with the technical and product teams.

Technical Review 260

Technical Review Development Team Review Software Review TechEmpower 260

Startup Professionals Musings

AUGUST 18, 2014

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

JUNE 21, 2019

I like their summary of five key components of innovation capital that we should strive to maximize: Human capital: forward thinking, problem solving, persuasion. As you create an innovative product, put an equal effort into a compelling vision. Innovation leadership: vision, inspiration, attracting talent. The cycle repeats.

Product 93

Product Ideas Resource Capital 93

Both Sides of the Table

SEPTEMBER 28, 2011

That great productivity drain that we somehow all buy into. I shifted my thinking a few years ago after I read Tim Ferris’s book The Four Hour Workweek (link is to a short summary I wrote). I spent a late morning meeting with a product exec at one portfolio company. ” Brilliant! I think so. [I “But WAIT !!!

Email 314

Email Product Startup Writing 314

Startup Professionals Musings

NOVEMBER 18, 2016

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. Yet most of the startups I see these days are providing a solution that is easier to use, more fun, or more productive.

Product 95

Product Case Study Customer Custom 95

Startup Professionals Musings

MAY 8, 2016

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 55

Product Startup Summary Entrepreneur 55

Startup Professionals Musings

MAY 31, 2020

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

InfoChachkie

SEPTEMBER 4, 2012

Most sophisticated investors ignore them, focusing their attention on an entrepreneur's pitch and presentation materials, financial forecast and executive summary. As such, the primary goal of your executive summary is to open the door to an in-person meeting. Entrepreneurs routinely seek my advice regarding their executive summaries.

Venture Capital 211

Venture Capital Summary Technical Review Template 211

Startup Professionals Musings

MAY 23, 2022

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. I saw a good summary of these in the classic book, “ Ethical Leadership ,” by Andrew Leigh, an expert in this area. We’ve never broken the law so we must be ethical.

Entrepreneur 116

Entrepreneur Software Review Summary Examples 116

Startup Professionals Musings

MAY 23, 2013

One of the toughest decisions for a startup is how to price their product or service. Obviously, it must be grounded by the characteristics of the market and customers you choose to serve, the pricing model of existing competitors, and a strategy you believe is consistent with your future products and direction. Product line pricing.

Pricing 116

Pricing Product Customer Custom 116

Startup Professionals Musings

DECEMBER 3, 2022

Build a personal marketing plan, as you would for a new product, including regular highlight reports, progress, and results. Internally, you may need a video summary report of monthly value. For increased productivity and advancement, you need business friends both inside and outside your company, not just personal friends.

Social Media 125

Social Media Summary Startup Mentor 125

Startup Professionals Musings

AUGUST 9, 2023

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. Yet most of the startups I see these days are providing a solution that is easier to use, more fun, or more productive.

Case Study 89

Case Study Customer Custom Study 89

Startup Professionals Musings

SEPTEMBER 4, 2021

Investors, on the other hand, typically don’t even look very hard at the product or service, but prefer to evaluate first the entrepreneur, and secondly the business plan. He and I agree that product ideas must be assessed against the following five key qualities: Depth. A deep product or service has a robust set of features.

Ideas 155

Ideas Startup Summary Examples 155

Startup Professionals Musings

NOVEMBER 15, 2020

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. Yet most of the startups I see these days are providing a solution that is easier to use, more fun, or more productive.

Case Study 174

Case Study Startup Customer Custom 174

Startup Professionals Musings

MAY 15, 2022

By definition, most startups begin as a result of some innovation in product, process, or service. The problem is that innovations in most business areas are coming so fast these days that yours can be overrun while still being scaled up across geographies and other products. Product-line expansion. Geographic expansion.

Startup 142

Startup Web 2.0 IBM IBM 142

Startup Professionals Musings

MAY 6, 2023

Many entrepreneurs are so enamored with their product vision that they believe their own hype and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. These are also important for your product positioning in the competitor section of your business plan.

Statistics 120

Statistics Research Report Newsletter 120

Startup Professionals Musings

FEBRUARY 15, 2021

As small companies, neither startup could afford to extend their product alone, but through creative leadership, we were able to negotiate a win-win strategic partnership for a joint product. Here is a summary of each: Complementary strengths allows extended market penetration. Ability to up-sell customers with related products.

Startup 173

Startup Outsource Development Examples Customer 173

Startup Professionals Musings

MAY 24, 2023

Here is my summary of their key principles on being a great boss, which I will characterize here as applying to any business professional: Surround yourself with great people. Work on habits that improve your productivity, and find better tools every day. Develop productive relationships with people around you.

Training 116

Training Startup Entrepreneur Summary 116

Startup Professionals Musings

SEPTEMBER 16, 2022

I was impressed with his summary of the top ten outsourcing mistakes made by entrepreneurs, followed by real guidance on how they can and should be avoided. Labor rates are lower in some countries, but culture and language match are the real keys to productivity. Hire and train your own managers for internal and external work projects.

Outsource Development 138

Outsource Development Outsource Summary Training 138

Startup Professionals Musings

DECEMBER 10, 2013

Yet these relationships require special efforts on both sides to be productive and satisfying. I recommend one or more early discussions of mutual objectives, with a written summary of goals and expectations from the mentee to the mentor, with timeframes and milestones. Agree on specific objectives and time frames.

Mentor 103

Mentor Product Startup Summary 103

Berkonomics

FEBRUARY 21, 2019

I cannot tell you how many times I have seen executive summaries of business plans in which the entrepreneur seeks $5,000,000 to build the business. Second, almost no professional investor will consider putting that much into a startup until there is proof of market demand, product viability or some other mitigation of failure.

Startup 120

Startup Invest Summary Resource 120

Startup Professionals Musings

SEPTEMBER 8, 2023

Too many relationships never advance beyond this stage, resulting in poor communication, no cooperation, low trust, and low shared productivity. This is a productive working relationship where one party, more knowledgeable and/or experienced, takes an active role in fostering the advance of the other. Workship - Mentor.

Mentor 91

Mentor Competition Summary Coach 91

Startup Professionals Musings

DECEMBER 26, 2010

One of the toughest decisions for a startup is how to price their product or service. Obviously, it must be grounded by the characteristics of the market and customers you choose to serve, the pricing model of existing competitors, and a strategy you believe is consistent with your future products and direction. Cost-based model.

Pricing 98

Pricing Product Startup Competition 98

Startup Professionals Musings

JULY 9, 2021

Executive summary glossy. Pitch your company, not your product. In a two-minute video clip, you can introduce yourself, show your passion and the engaging personality you need to win over customers, partners, and employees. Net out the problem and your solution in the first 30 seconds. Written business plan.

Entrepreneur 156

Entrepreneur Tips Funding Startup 156

Startup Professionals Musings

APRIL 8, 2020

According to a classic study from Deloitte , happy employees have been shown to be up to 20 percent more effective in the workplace than unhappy employees, as well as far more loyal and productive. The challenge is to find the best way to keep everyone on your team happy and productive.

News 173

News Activity Startup Summary 173

socalTECH

APRIL 24, 2013

The new feature, the Today Screen, offers up a quick summary of things like birthdays and job changes, top tasks and activities to do today, upcoming deals, reminders, and more. Nimble said the feature is the first in a set of features aimed at helping its users be more organized and productive.

Santa Monica 153

Santa Monica SaaS Summary Screening 153

Startup Professionals Musings

AUGUST 6, 2021

I have always assumed that strong work relationships are the key to productivity, as well as you feeling good and having fun at work. I especially like their summary of six key work-style myths that undermine many business strategies, as well as the energy and commitment of the people who work there.

Company 162

Company Companies Summary Coach 162

Startup Professionals Musings

JANUARY 27, 2020

In that critical first minute, no one needs to hear that you have a passionate dream of changing the world, introducing new disruptive technology, or a product with more features than competitors. Focus on quantifiable and relevant specifics, such as “reduces your cost by 40 percent,” or “increases productivity by 50 percent.”

Sample 127

Sample Summary Startup Slides 127

Startup Professionals Musings

FEBRUARY 13, 2022

Lead with your two-page executive summary, be prepared to give a ten-slide investor presentation. Don’t insist on a product demo – he is buying the business, not the product. If the investor thinks you are coming to ask for domain advice, and you ask for money, your success probabilities are shot. Fully prepare for the assault.

Slides 126

Slides Outsource Summary Conference 126

Startup Professionals Musings

APRIL 18, 2021

Explain that they may be called, and use the opportunity to check their satisfaction with your company and your product. Here is a quick summary of the priorities normally covered by the due diligence process: Evaluation of key players. Validation of product. Having a great product or service is not enough.

Technical Review 152

Technical Review Startup Satisfaction Summary 152

Startup Professionals Musings

NOVEMBER 5, 2022

Good managers improve focus and productivity through effective communication and coordinating disparate activities. Most experts agree that the key to worker productivity, decision making, and satisfaction, is raising their level of engagement from the currently low thirty percent range.

Outsource 133

Outsource Training Organization Social Media 133

Startup Professionals Musings

OCTOBER 23, 2021

It also starts with a good summary of the intangibles, summarized as the five rules of relevancy, by Mark Zawacki: A startup needs to be relevant and stay relevant. Relevancy for an early-stage company is the discovery and understanding of the real addressable market for a product or service. A startup must gain balanced traction.

Education 151

Education Customer Custom Sales 151

Startup Professionals Musings

OCTOBER 19, 2022

As a summary, crowdfunding today can mean any one of the following five quite different models: Rewards model. Product pre-order model. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge.

Funding 141

Funding Startup Outsource Development Satisfaction 141

Startup Professionals Musings

DECEMBER 18, 2022

The first page of the business plan better be an executive summary which gives the investor a taste of the financials, as well as opportunity, competition, and key executives. “I Investors are buying part of the business, not the product or service. I don’t have a business plan, but the technology is disruptive.”

Technical Review 109

Technical Review Startup Statistics Social Media 109

Startup Professionals Musings

OCTOBER 6, 2023

For reference, here is a quick summary of key elements which most investors include in their due diligence process: Key personnel review. Here investors are looking for feature problems or quality issues on the current product. Status of the solution. In addition, manufacturing and inventory levels will be reviewed.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Both Sides of the Table

FEBRUARY 28, 2018

There has always been tension between CPG (consumer packaged goods) companies and the retailers who sell their products to consumers. If a consumer will pay a fixed price for a product or service then the battle over who gets the margin in any sale is between the person who merchandises a product and the person who manufactures it.

Product 296

Product Course Customer Custom 296

Startup Professionals Musings

AUGUST 14, 2020

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. These are also important for your product positioning in the competitor section of your business plan.

Marketing 157

Marketing Statistics Research Report 157