Up and Running

SEPTEMBER 19, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. With the rise of new cannabis companies, it is important to differentiate your cannabis company from the competition, whether you are opening a farm, extraction operation, or dispensary. Key customers. Be specific.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Startup Professionals Musings

OCTOBER 16, 2020

Too many of you business owners think success only means being the next Amazon, or you stress yourself out trying to be everything to every customer. This type of business has long been primarily run out of the home, well before COVID-19 made that a necessity, and it still works to keep the costs of operation down.

Intellectual Property 313

Intellectual Property Small Business Administration Bootstrapping Differentiation 313

Startup Professionals Musings

AUGUST 12, 2019

We certainly want to hear about any positive feedback you have from potential customers on your idea, your prototype, and your business model, but that better not be the end of the story. Don’t forget other intellectual property, including trade secrets, trademarks, copyrights, domain names, and your expert publications.

Intellectual Property 215

Intellectual Property Agile Differentiation Government 215

Duct Tape Marketing

JUNE 20, 2023

Rodney highlights the significance of selecting the right areas for transformation that can deliver a differentiating value, plus the importance of upskilling and reskilling existing talent within digital changes. 12:22] Would you look at the value derived by digital technologies differently than by producing customer value or revenue? [14:23]

Technical Review 65

Technical Review Silicon Valley Generative AI Arizona 65

NZ Entrepreneur

JULY 11, 2019

And you’ll know whether your idea can make enough money to cover your costs and turn a profit – before you spend a cent. Check your business name doesn’t conflict with that of another business, by looking up the free online registers provided by the Intellectual Property Office of New Zealand and the NZ Companies Register.

Intellectual Property 51

Intellectual Property New Zealand Forecast Naming 51

Startup Professionals Musings

FEBRUARY 4, 2019

If you are looking for funding and customers for your new business, you need to identify your “unique selling proposition” (USP) right up front, in 30 seconds or less, to differentiate yourself in today’s information overload. Investor and customer attention spans are short, and both will write you off quickly.

Intellectual Property 183

Intellectual Property Cofounder .Net Bootstrapping 183

crowdSPRING Blog

FEBRUARY 14, 2019

Make sure you build your business to meet the needs of a specific niche to avoid overspending and underwhelming all of your potential customers. Consider branding yourself as an expert in real estate, personal injury, family law, intellectual property, or even admiralty law. NOT SATISFIED WITH THE GROWTH OF YOUR BUSINESS?

Angel Investor 85

Angel Investor Small Business Business Plan Intellectual Property 85

YoungUpstarts

DECEMBER 3, 2020

Singapore is also at the forefront of protections related to intellectual property, offering security for innovation. However, these costs can be reduced greatly with a cloud-based phone system. Adapting to local customs and spending habits. Differentiate your offerings to meet the demands of the Singapore market.

Singapore 147

Singapore Asia Intellectual Property Marketing 147

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 you can show that your potential customers are already interested in—or perhaps already buying—your product or service, this is great to highlight. Describe the problem you are solving in the market.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Version One Ventures

OCTOBER 18, 2012

Barriers to entry are no longer created by patents or by tech differentiation alone, but by superior traction in the marketplace. Category leaders do very well, while the #2, 3, 4… players struggle to attract customers and financing. However, now individual employees get the ball rolling by using a product.

IP 163

IP Technical Review B2C Social Network 163

Startup Professionals Musings

AUGUST 14, 2012

Many entrepreneurs lead with fuzzy terms like “improved usability” and “lower cost.” Experienced business people realize that unless you are dealing with a commodity, or customers are extremely unhappy, they won’t switch to a new alternative unless the savings are well above 20%. Here are the key ones: Real intellectual property.

Intellectual Property 244

Intellectual Property Non-Compete Differentiation Social Network 244

ConversionXL

JUNE 10, 2020

You feel great about your team, and it’s obvious to your customers that you care. Taken together, the messaging, pricing, features, branding, partners, and customers create context and set the scene for the product. “Customers have since discovered other brands offer acceptable substitutes [.] Add a new feature?

Product 80

Product Intellectual Property Social Media Audience 80

Startup Professionals Musings

JUNE 14, 2011

Many entrepreneurs lead with fuzzy terms like “improved usability” and “lower cost.” Experienced business people realize that unless you are dealing with a commodity, or customers are extremely unhappy, they won’t switch to a new alternative unless the savings are well above 20%. Here are the key ones: Real intellectual property.

Intellectual Property 256

Intellectual Property Non-Compete Differentiation Social Network 256

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. This approach is not convincing.

Intellectual Property 234

Intellectual Property Angel Investor Dilution Differentiation 234

crowdSPRING Blog

MARCH 14, 2019

People looking to start a real estate business often ask: How much does it cost to open a real estate business? How do your natural strengths differentiate you from the other real estate businesses in the area? Commercially zoned properties. Property management. Rental Property. How do realtors get clients?

Business Plan 79

Business Plan Limited Liability Company Small Business Sales 79

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

crowdSPRING Blog

FEBRUARY 28, 2019

Make sure you build your business to meet the needs of a specific niche to avoid overspending and underwhelming all of your potential customers. That passion will come through in everything you do, and your customers will appreciate and embrace the authenticity of your brand. How to identfy your brand's audience, and more! Real Estate.

Business Plan 64

Business Plan Small Business Administration Hiring Social Media 64

Startup Professionals Musings

APRIL 1, 2016

For a new startup, the best way to assure survival is to file patents or other intellectual property to keep future competitors from copying your success. The best startups have real differentiation. The customer value proposition is difficult to quantify. Look for a business opportunity with low customer churn potential.

Intellectual Property 120

Intellectual Property Matching Angel Investor Bootstrapping 120

Startup Professionals Musings

MAY 6, 2016

It was a win-win deal, with new customers and better service for both. Startups can use alliances just as well to get to new customer segments, block competitors, or gain credibility from the logo of others. Mergers and acquisitions can also be win-win, if you have customers they need for a product complimentary to yours.

Merger 120

Merger Intellectual Property Startup Acquisition 120

ConversionXL

JUNE 6, 2017

This motivation model is the intellectual property of BEYOND REASON. Amazon has created a brand which works on paying attention and listening to customers. After each purchase, Amazon emails customers to rate the service received. They also allow customers to have their name printed on the final version.

Sales 86

Sales Marketing Cuba Intellectual Property 86

Startup Professionals Musings

MAY 28, 2010

Many entrepreneurs lead with fuzzy terms like “improved usability” and “lower cost.” Experienced business people realize that unless you are dealing with a commodity, or customers are extremely unhappy, they won’t switch to a new alternative unless the savings is well above 20%. Dramatic cost improvement for cause.

Intellectual Property 124

Intellectual Property Non-Compete Differentiation Social Network 124

crowdSPRING Blog

AUGUST 14, 2011

I discussed the importance of defining a frame of reference, leveraging points of parity, and articulating your brand’s points of differentiation. Care about what your customers care about. Listen to customers, research the competitive landscape, and build or enhance products that consumers want.

Small Business 96

Small Business Intellectual Property Differentiation Startup 96

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. Dramatic Cost Advantage. While all I.P.

Intellectual Property 45

Intellectual Property Differentiation Distribution Business Plan 45

Software By Rob

AUGUST 18, 2010

The strategy was brilliant: get loads of people using your product and eventually turn them into paying customers. A 354 percent increase in abuse-related issues like spamming, followed by a 245 percent increase in legal costs dealing people trying to game the system.&# Do paid and free customers have very different needs/priorities?

Software Review 78

Software Review Software Revenue Cofounder 78

infochachkie.com

SEPTEMBER 24, 2011

For instance, many a BDC CEO has initiated a consultant to study cost cutting issues before announcing a significant layoff. 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. Passion Cannot be Outsourced.

Equity 40

Equity Silicon Valley Cofounder PR 40