Startup Professionals Musings

DECEMBER 2, 2020

But don’t look for any magic algorithmic procedure to solve the complex globalization problems. Salomon outlines how to convert the comparisons into “risk spreads” that mathematically capture and accurately reflect global market opportunity differences.

Marketing 335

Marketing Global Algorithm Business Model 335

Startup Professionals Musings

OCTOBER 19, 2015

Patents can apply to innovative user interfaces, processes or a new technology algorithm. Patents can raise startup valuation by investors by as much as a million dollars, and will attract acquisitions rather than copycats. Business efforts should start only after the product is right.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Startup Professionals Musings

NOVEMBER 4, 2020

Don’t try to explain your technical implementation, your patent algorithm, or your unfair competitive advantage here. Skip the fill words and fuzzy phrases, like better, cheaper, easier to use, or more productive. A unique selling proposition is no place for industry jargon and acronyms. Do include some quantification.

Intellectual Property 416

Intellectual Property Elevator Pitch Startup Algorithm 416

Startup Professionals Musings

DECEMBER 22, 2021

Old-fashioned surveys need help from new algorithms, data science, and digital bots. Today’s complex environments requires the use of innovative systems and technology for timely and reliable feedback from customers and colleagues. Nurture a culture of safe and relentless learning. Make feedback and change your friend, rather than the enemy.

Customer 285

Customer Metrics Algorithm Community 285

Startup Professionals Musings

DECEMBER 13, 2012

Moreover, patent law in most countries says that software “algorithms” aren't patentable. So lawyers routinely frame a software algorithm as a "system and method" to meet the criteria. To be patentable, an invention has to be more than new. It also has to be “novel” and non-obvious.

Software 233

Software Intellectual Property Algorithm Startup 233

Startup Professionals Musings

JULY 7, 2011

Moreover, patent law in most countries says that software “algorithms” aren't patentable. So lawyers routinely frame a software algorithm as a "system and method" to meet the criteria. To be patentable, an invention has to be more than new. It also has to be “novel” and non-obvious. It is in the jargon not “technical.”

Software 228

Software Intellectual Property Algorithm Valuation 228

Startup Professionals Musings

AUGUST 11, 2014

Good inventors love to diagram out all the details, algorithms, and get their reward from finding new ways of getting things done. Good with details. If you have ever written a patent application, you know its all about details, linkages, and causes vs. effects. Creative and artistic.

Entrepreneur 256

Entrepreneur Algorithm Business Plan Design 256

Startup Professionals Musings

APRIL 7, 2014

Since certain algorithms and directory listings work alphabetically, pick a name closer to A than Z. When choosing an identity for a company or a product, simple and straightforward are back in style, and cost less to brand. Keep it simple. The shorter in length, the better. Limit it to two syllables. Make some sense.

Naming 294

Naming Cofounder Algorithm .Net 294

Startup Professionals Musings

MAY 29, 2013

Good inventors love to diagram out all the details, algorithms, and get their reward from finding new ways of getting things done. Good with details. If you have ever written a patent application, you know it’s all about details, linkages, and causes vs. effects. Creative and artistic.

Entrepreneur 255

Entrepreneur Algorithm Business Plan Design 255

Startup Professionals Musings

MAY 3, 2012

Good inventors love to diagram out all the details, algorithms, and get their reward from finding new ways of getting things done. Good with details. If you have ever written a patent application, you know it’s all about details, linkages, and causes vs. effects. Creative and artistic.

Entrepreneur 250

Entrepreneur Startup Algorithm Business Plan 250

Startup Professionals Musings

JANUARY 30, 2013

Since certain algorithms and directory listings work alphabetically, pick a name closer to A than Z. When choosing an identity for a company or a product, simple and straightforward are back in style, and cost less to brand. Keep it simple. The shorter in length, the better. Limit it to two syllables. Make some sense.

Naming 262

Naming Startup Cofounder Algorithm 262

Startup Professionals Musings

APRIL 8, 2016

But don’t look for any magic algorithmic procedure to solve the complex globalization problems. Salomon outlines how to convert the comparisons into “risk spreads” that mathematically capture and accurately reflect global market opportunity differences.

Global 120

Global Algorithm Business Model Social Media 120

Startup Professionals Musings

JANUARY 26, 2011

Good inventors love to diagram out all the details, algorithms, and get their reward from finding new ways of getting things done. Good with details. If you have ever written a patent application, you know it’s all about details, linkages, and causes vs. effects. Creative and artistic.

Entrepreneur 235

Entrepreneur Algorithm Business Plan Design 235

Startup Professionals Musings

DECEMBER 13, 2011

Since certain algorithms and directory listings work alphabetically, pick a name closer to A than Z. When choosing an identity for a company or a product, simple and straightforward are back in style, and cost less to brand. Keep it simple. The shorter in length, the better. Limit it to two syllables. Make some sense.

Naming 271

Naming Cofounder Algorithm .Net 271

Startup Professionals Musings

JANUARY 25, 2017

Don’t try to explain your technical implementation, your patent algorithm, or your unfair competitive advantage here. Skip the fill words and fuzzy phrases, like better, cheaper, easier to use, or more productive. A unique selling proposition is no place for industry jargon and acronyms. Do include some quantification.

Intellectual Property 120

Intellectual Property Elevator Pitch Algorithm Social Media 120

Startup Professionals Musings

MAY 29, 2010

Moreover, patent law in most countries says that software “algorithms” aren't patentable. So lawyers routinely frame a software algorithm as a "system and method" to meet the criteria. To be patentable, an invention has to be more than new. It also has to be “novel” and non-obvious. Software technology changes rapidly.

Software 125

Software Intellectual Property Valuation Algorithm 125

Startup Professionals Musings

JUNE 5, 2010

I think it’s time for job sites with real matching algorithms, to proactively “txt message” you in real time about perfect company matches. Finding jobs and recruiting. Finding a job with a creative resume and blasting it to all comers hasn’t changed in 40 years. Where are the video and interactive elements in Monster.com?

Startup 234

Startup Social Network Matching Algorithm 234

Startup Professionals Musings

NOVEMBER 26, 2012

NewCo has filed a patent on one of their software tool algorithms, which is very positive, and puts them several steps ahead of others who may be venturing into the same area. Assign real value to intellectual property. The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage.

Valuation 270

Valuation Pre-Money Valuation NPV Intellectual Property 270

Startup Professionals Musings

NOVEMBER 24, 2010

Since certain algorithms and directory listings work alphabetically, pick a name closer to A than Z. When choosing an identity for a company or a product, simple and straightforward are back in style, and cost less to brand. Keep it simple. The shorter in length, the better. Limit it to two syllables. Make some sense.

Naming 230

Naming Cofounder Algorithm .Net 230

Startup Professionals Musings

SEPTEMBER 30, 2011

NewCo has filed a patent on one of their software tool algorithms, which is very positive, and puts them several steps ahead of others who may be venturing into the same area. Assign real value to intellectual property. The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage.

Pre-Money Valuation 246

Pre-Money Valuation Valuation NPV Intellectual Property 246

Startup Professionals Musings

FEBRUARY 4, 2010

Good inventors love to diagram out all the details, algorithms, and get their reward from finding new ways of getting things done. Good with details. If you have ever written a patent application, you know it’s all about details, linkages, and causes vs. effects. Creative and artistic.

Entrepreneur 120

Entrepreneur Algorithm Business Plan Design 120

Startup Professionals Musings

SEPTEMBER 6, 2010

NewCo has filed a patent on one of their software tool algorithms, which is very positive, and puts them several steps ahead of others who may be venturing into the same area. Assign real value to intellectual property. The value of patents and trademarks is not certifiable, especially if you are only at the provisional stage.

Valuation 234

Valuation Pre-Money Valuation NPV Startup 234

Startup Professionals Musings

JULY 15, 2023

People tell me there may be over 8,000 dating sites with scientific matchmaking algorithms worldwide, but I couldn’t find one that focused on scientifically matching companies and people for business-to-business (B2B) relationships.

Partner 252

Partner B2B Matching Algorithm 252

Startup Professionals Musings

OCTOBER 25, 2020

People tell me there may be over 8,000 dating sites with scientific matchmaking algorithms worldwide, but I couldn’t find one that focused on scientifically matching companies and people for business-to-business (B2B) relationships.

B2B 388

B2B Matching Partner Algorithm 388

Startup Professionals Musings

SEPTEMBER 17, 2013

People tell me there are over 5,000 dating sites with scientific matchmaking algorithms, but I couldn’t find one that focused on scientifically matching companies or people for business-to-business (B2B) relationships.

B2B 208

B2B Matching Partner Algorithm 208

Startup Professionals Musings

NOVEMBER 16, 2015

If you can’t find anything innovative in your user interface, process or algorithms, you need to think again and add something for a competitive barrier to entry and increased valuation. Resist the temptation to be defensive, and don’t assume you are somehow smarter than the competition. Actively listen to mentor and customer feedback.

Intellectual Property 120

Intellectual Property Advisory Board Startup Algorithm 120

Startup Professionals Musings

JUNE 30, 2017

It’s more a function of good people and good relationships, than a scientific algorithm. Building business relationships takes action and mistakes. Running a business is not rocket science. Deep thinking doesn’t build people relationships. In fact, most entrepreneurs tell me they learned more from people mistakes than successes.

Intellectual Property 181

Intellectual Property Algorithm Partner Entrepreneur 181