Up and Running

DECEMBER 27, 2018

Dan Brown, the inventor of Bionic Wrench and founder of Logger Head Tools, is a prime example. Start by writing a business plan —they’re required by bank lenders and investors. Start by writing a business plan —they’re required by bank lenders and investors. Intellectual Ventures is another such company.

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Intellectual Property Technical Review Due Diligence Cofounder 93

Startup Professionals Musings

SEPTEMBER 23, 2010

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Define some intellectual property. File a patent and trademarks to show real intellectual property. Prepare an investment-grade business plan. Get your Internet domain name and website.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Startup Professionals Musings

MAY 4, 2016

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. The cost of social media done well is low.

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Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. You may have heard that venture capitalists in Silicon Valley no longer read business plans. Provide specifics on the customer business model.

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Business Plan Product Intellectual Property Elevator Pitch 423

YoungUpstarts

NOVEMBER 18, 2018

by Solomon Ali, Co-Founder of Revolutionary Concepts. Alternatively, you can search AmericanBar.org to locate pro bono intellectual property attorneys in your area to see if there may be a pro bono patent attorney who is able to conduct research on your behalf and assist you in filing your patent.

Intellectual Property 157

Intellectual Property Forecast LLC Acquisition 157

Startup Professionals Musings

MARCH 14, 2020

That approach may work for an entrepreneur who just sold a successful business for a huge profit, but it doesn’t work for the rest of us who are not proven successes yet, or don’t even have a business yet. Undefined business model or very low gross margins. Lack of intellectual property.

Due Diligence 308

Due Diligence Intellectual Property Preferred Stock Seed Stage 308

Startup Professionals Musings

DECEMBER 24, 2012

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Define some intellectual property. File a patent and trademarks to show real intellectual property. Prepare an investment-grade business plan. Get your Internet domain name and website.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

Startup Professionals Musings

APRIL 28, 2013

Here is my own priority list of key risk drivers that every entrepreneur and every investor should evaluate and minimize in starting a business: Team experience and depth risk. Here I’m talking about both the experience and track record of the founders in starting a business, as well as their experience and knowledge of the business domain.

Intellectual Property 261

Intellectual Property Mexico Startup China 261

Startup Professionals Musings

MARCH 25, 2012

Here is my own priority list of key risk drivers that every entrepreneur and every investor should evaluate and minimize in starting a business: Team experience and depth risk. Here I’m talking about both the experience and track record of the founders in starting a business, as well as their experience and knowledge of the business domain.

Intellectual Property 271

Intellectual Property Entrepreneur Mexico China 271

Startup Professionals Musings

APRIL 25, 2016

Poorly written or missing business plan. If you recently sold your last startup for $800 million, you probably don’t need a business plan at all to get money for your next startup. A solution would be to find a co-founder with the requisite background or investors who know you.

Intellectual Property 120

Intellectual Property Accredited Investor Angel Investor Reputation 120

YoungUpstarts

SEPTEMBER 7, 2016

My company is an intellectual property holding company, but it ultimately aims to accelerate and regulate the utilization of regenerative technology. Sure, a company’s goal may be to generate a revenue, but corporate purpose focuses on a business’s aspirations beyond that. Etsy is a great example of this. Work the room.

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Intellectual Property California Holding Company Community 100

Startup Professionals Musings

OCTOBER 12, 2010

That’s because a company’s value is a composite of all of the quantitative and qualitative factors that comprise a company: revenues, expenses, risks, growth prospects, quality of the management team, competitive advantages, strength of the intellectual property, and so forth. Detail isn’t important; tracking your progress is.

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

Gust

DECEMBER 16, 2012

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Define some intellectual property. File a patent and trademarks to show real intellectual property. Prepare an investment-grade business plan. Get your Internet domain name and website.

Angel Investor 179

Angel Investor Intellectual Property Elevator Pitch Angel Groups 179

Up and Running

NOVEMBER 5, 2018

Two essential lists: Startup costs normally include startup expenses and startup assets: Startup expenses: These are expenses that happen before you launch and start bringing in any revenue. Most new businesses take months and sometimes even years from launch until reaching that steady-state break-even point.

Cost 150

Cost Balance Sheet Startup Intellectual Property 150

YoungUpstarts

MAY 14, 2018

Marks, founder and managing partner of High Rock Partners and author of “ Middle Market M & A: Handbook for Investment Banking and Business Consulting “ Conventional wisdom says that a company grows by reaching new customers, increasing its workforce, expanding marketing or launching new products or services.

Acquisition 124

Acquisition Finance Raleigh Mezzanine 124

Startup Professionals Musings

MAY 2, 2016

I’m not suggesting that any startup needs to demand perfection, but I do recommend that all learn and follow common business practices from the beginning. Mark Zuckerberg can tell you a horror story about how his early informal breakup with a co-founder ultimately cost him a settlement later worth four billion dollars.

Intellectual Property 120

Intellectual Property Due Diligence Non-Compete Startup 120

Startup Professionals Musings

SEPTEMBER 13, 2010

Here is my own priority list of key risk sources that every entrepreneur and every investor should evaluate and minimize in starting a business: Team experience and depth risk. Here I’m talking about both the experience and track record of the founders in starting a business, as well as their experience and knowledge of the business domain.

Intellectual Property 223

Intellectual Property Mexico Startup China 223

K9 Ventures

APRIL 27, 2011

I have confirmed with the founders that none of the information contained herein is deemed confidential and is therefore fair game for me to share in this post. The founders of the company — Arlo Faria and AJ Shankar — were PhD students in Computer Science at UC Berkeley. In April 2008, I was introduced to Ugmode, Inc.

Software Review 134

Software Review Technical Review IP Finance 134

www.inc.com

SEPTEMBER 24, 2011

Writing A Business Plan. Running A Home-Based Business. Naming a Business. Financing a Small Business. Buying a Small Business. RUNNING A BUSINESS. Internet and Online Business. Business Software. Intellectual Property. Sales & Marketing | Wednesdays. Email address: Home.

Arizona 40

Arizona Equity Iowa Venture Capital 40

YoungUpstarts

OCTOBER 3, 2017

by Dave Lavinsky, founder of Growthink and BusinessPlanTemplate.com. You know you need a business plan if you want funding. And you know you should have and follow a plan to grow your business. But oftentimes creating a business plan takes too long. Identify Why Your Business is Unique.

Business Plan 160

Business Plan Intellectual Property Founder Employee 160

Steve Blank

JUNE 8, 2009

Customer Development by Vertical - Click to Enlarge (As a reminder, the Customer Development process says your business plan is just a series of untested hypothesis (unless you’re a domain expert.) Some of these are questions that would be addressed in a business plan. Others you need to know when you execute the plan.

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Vertical Silicon Valley RSS Marketing 122

Startup Professionals Musings

APRIL 26, 2021

Of course, you can find these elements embodied in many of the business plan templates and tools out there, such as the Business Model Canvas. Provide initial and long-term sources of revenue. Free” is not an exciting business model for investor interest. Identify your intellectual property or “secret sauce.”

Intellectual Property 332

Intellectual Property Angel Investor Business Model Channel 332

Tim Keane

JANUARY 12, 2010

3]   However, if they are built bottom up, they demonstrate and make explicit a range of business model assumptions the entrepreneur is using to think about his business and its revenue model. These include: ·       Vesting of Founder Stock.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Startup Professionals Musings

APRIL 19, 2021

In my experience, here are the most common issues that cause funding requests for potentially viable businesses to be rejected, in priority order: Inadequate business plan. Some investors say half the ideas pitched to them don’t have any plan at all, even though some have great potential. Don’t take this shortcut.

Intellectual Property 429

Intellectual Property Bootstrapping Venture Capital Revenue 429

Gust

OCTOBER 20, 2011

In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 Such comparisons can only be made for companies at the same stage of development, in this case, for pre-revenue startup ventures. As can be seen the average (mean) pre-money valuation for recent pre-revenue deals is $2.1

Valuation 146

Valuation Pre-Money Valuation Intellectual Property Technical Review 146

Hearpreneur

OCTOBER 30, 2015

Prior to crowdSPRING, I was producer and production manager in the film and television industry and Ross was an attorney in private practice specializing in intellectual property. We had a vision of an online platform that would bring together businesses and the best creative talent in the world. software.

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48

Up and Running

AUGUST 19, 2014

If you’re lucky, and an angel’s (investors or groups) interest is piqued by your initial short pitch, they will want to schedule more time with you to get to know you and your team, and to dig deeper into your business plan (i.e. Too many founders tread the fine line between arrogance and ignorance. Tweet This Tip.

Angel Investor 161

Angel Investor Technical Review Due Diligence Startup 161

David Teten

DECEMBER 3, 2019

Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. Russell Rothstein, Founder and CEO, IT Central Station , a product review site, said, “We see VCs on our site very often. 3) Raise capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

DECEMBER 29, 2015

In an earlier post here on Bplans, I suggested that investors offer a useful filtering process for businesses: The investment process works as a filter, sorting business plans, pushing some to the top and others out of the way. If they’d edited their business plan better, or made it longer, or shorter, or added more appendices.

Bootstrapping 92

Bootstrapping Intellectual Property Venture Capital Angel Investor 92

Up and Running

FEBRUARY 17, 2016

But, the good news is, if all these people could start a brewery, then you can too—as long as you know what you’re getting into and have a solid business plan for your brewery. Word of mouth is no substitute for market research, says Ben Price, co-founder of Hard Knocks Brewing, a small brewpub in its second year of operation.

Oregon 60

Oregon Jordan SBA Cofounder 60

www.startupsmart.com.au

MARCH 8, 2011

Home Planning Business ideas Business planning How to start a. Byron Teu, founder of Sentralize.com, is one such person. Casey says, “Eventually I was spending so much time on the business it was unfair to Westpac.” Register | Login ); Editors Note Do you understand the media and have a great story to tell?

Intellectual Property 40

Intellectual Property New Zealand PR Partner 40

www.paulgraham.com

OCTOBER 23, 2010

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. A lot ofwould-be startup founders think the key to the whole process is theinitial idea, and from that point all you have to do is execute.Venture capitalists know better. Ideally you want between two and four founders.

Startup 105

Startup Cofounder Software Stock 105

Up and Running

MAY 15, 2019

But, the good news is, if all those people could start a brewery, then you can too—as long as you know what you’re getting into and have a solid business plan for your brewery. The Hughes brothers developed a solid business plan and built a core team to bring their vision to reality. Review your business plan regularly.

Oregon 24

Oregon Jordan Software Review Distribution 24

www.paulgraham.com

APRIL 28, 2010

I think it would help founders to understand funding better—notjust the mechanics of it, but what investors are thinking. And if trouble withinvestors is one of the biggest threats to a startup, managing themis one of the most important skills founders need to learn. There never has to be atime when you have no revenues.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Startup Professionals Musings

JUNE 1, 2012

In my experience, here are the most common issues that cause funding requests for potentially viable businesses to be rejected, in priority order: Inadequate business plan. Some investors say half the ideas pitched to them don’t have any plan at all, even though some have great potential. Inexperienced team.

Intellectual Property 261

Intellectual Property Bootstrapping Venture Capital Business Plan 261

Startup Professionals Musings

JULY 2, 2013

In my experience, here are the most common issues that cause funding requests for potentially viable businesses to be rejected, in priority order: Inadequate business plan. Some investors say half the ideas pitched to them don’t have any plan at all, even though some have great potential. Inexperienced team.

Intellectual Property 244

Intellectual Property Startup Bootstrapping Venture Capital 244

Software By Rob

AUGUST 18, 2010

The only thing that seemed to be consistent about my growth was that my revenue was relatively flat while my user base kept growing. So in a desperate attempt to get things moving in the right direction, I experimented for a week by killing my free plan. This turned out to be a good move since it doubled their revenue that month.

Software Review 78

Software Review Software Revenue Cofounder 78