Startup Professionals Musings

AUGUST 8, 2016

By profit, I simply mean offering a product or service to customers for a price that exceeds the total costs associated with the solution, thus providing some basis for recovering sunk costs and generating a return for stakeholders. Solve a painful problem for customers who have money to spend.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Steve Blank

JUNE 23, 2021

This allowed us to emphasize how to differentiate a technical spec from a value proposition and expand on the parts of the business model that are unique for science and engineering startups. When Covid restrictions are over, we plan to add remote customer discovery to the students’ toolkit. Team Gloflow. Team EdgeAI.

Lean 326

Lean Technology Artificial Inteligence Intellectual Property 326

Startup Professionals Musings

AUGUST 14, 2014

They are looking for startups that have a sustainable advantage over direct and indirect competitor offerings, as well as obvious value to customers living without your product today. Non-specific terms, like better usability and low cost don’t incite customers to action these days. Clear product differentiation and a singular focus.

Intellectual Property 234

Intellectual Property Angel Investor Dilution Differentiation 234

Up and Running

MAY 1, 2014

Every business is solving a problem for its customers and filling a need in the market. Who is your ideal customer? If your business model (i.e., “how If you are raising money to start or grow your business, you need to include the details of what you need in the executive summary. Target market.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Business Plan Blog

JULY 9, 2013

Sustainable competitive advantages are not easily copied and generally stem from one or more of the following: vendor relations, product sourcing advantages, prime location, unique products/services; customer loyalty, customer service reputation, or distribution channel advantages. While all I.P. Dynamic Product Line. But for how long?

Intellectual Property 45

Intellectual Property Differentiation Distribution Business Plan 45

Venture Chronicles

OCTOBER 2, 2012

This got me to wondering if in the not distant future when 3-D printers become just another durable good that is available to consumers, if then a significant paradigm shift occurs whereby product companies no longer sell the finished product but rather the intellectual property of a product.

Intellectual Property 30

Intellectual Property Product Differentiation Distribution 30

Software By Rob

AUGUST 18, 2010

The strategy was brilliant: get loads of people using your product and eventually turn them into paying customers. Rob, frankly I’m surprised you’re endorsing this business model. #5 at 9:42 am I agree with the point by Reader X that the Free/Premium model is a marketing strategy. 5 Ben K on 08.18.10

Software Review 78

Software Review Software Revenue Cofounder 78

infochachkie.com

SEPTEMBER 24, 2011

There is an inherent conflict in a consultant’s business model and the needs of a startup. Tracking such revenue can be a challenge but is possible to approximate the revenue impact of PR activities via the use of unique URLs, customer surveys, etc. Yet, it does nothing to help you execute your business model.

Equity 40

Equity Silicon Valley Cofounder PR 40