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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” If possible, quantify these in non-technical business terms, such as dollars saved or replacement costs over time. Use non-fuzzy terms to quantify customer value. Description of the business entity you plan to form.

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Paranoid Companies Miss the Best New Opportunities

Startup Professionals Musings

A strategic combination can win in a new segment of the market, which neither of you could do alone in the same timeframe or at the same cost. Cost sharing and economies of scale. Companies work together on segments of their business where they believe they can minimize costs but not jeopardize their unique attributes.

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5 Privacy Tips For Startups

YoungUpstarts

If your website or app (or its affiliates or business partners) collects, uses or discloses information that can be used to identify an individual or a device (e.g., Additionally, plan for an acquisition now by telling your users in your privacy policy that you may transfer the data in the event of a merger or acquisition.

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6 Ways To Win By Creative Partnering With Competitors

Startup Professionals Musings

Capitalize on shared costs and common distribution. Affiliate marketing and link exchange agreements. Competitors can become strategic investors or merger candidates. It’s very unusual for two competitors to have exactly the same strengths – in development, marketing, distribution, or customer support.

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Your Toughest Competitor May be Your Best Partner

Startup Professionals Musings

A strategic combination can win in a new segment of the market, which neither of you could do alone in the same timeframe or at the same cost. Cost sharing and economies of scale. Companies work together on segments of their business where they believe they can minimize costs but not jeopardize their unique attributes.

Partner 225
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8 Management Mistakes Which Will Defeat Your Business

Startup Professionals Musings

These can trip up even the best, often at the cost of more than a good night’s sleep. Thankfully, most mistakes won’t be as spectacular as the America Online merger with Time Warner for $350 billion, back in 2000, engineered by then superstar entrepreneurs Stephen M. Case and Gerald M. Why do good teams go bad?

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8 Self-Check Questions That Keep Leaders Up At Night

Startup Professionals Musings

These can trip up even the best, often at the cost of more than a good night’s sleep. Thankfully, most mistakes won’t be as spectacular as the America Online merger with Time Warner for $350 billion, back in 2000, engineered by then superstar entrepreneurs Stephen M. Case and Gerald M. Why do good teams go bad?

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