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Intellectual Property for Startups in the Real World

Gust

Last month we covered the basics of intellectual property (IP) for startups, including a simple taxonomy, some common issues and related documents for entrepreneurs to use when forming a new startup. Financial, technical and operational plans and forecasts of all kinds (trade secret).

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10 Startup Mistakes You Can't Afford To Make Again

Startup Professionals Musings

Assume you already know what your customers need and want. Just because you love a new solution doesn’t mean your customers will love it. Before spending any money, make sure you interact directly with potential customers, industry experts and investors. Forecast revenue growth that defies business principles.

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No, that IS NOT a competitive advantage

A Smart Bear: Startups and Marketing for Geeks

Listening to first-time entrepreneurs talk about their competitive advantages is as predictably invalid as the local weatherman's 10-day forecast. Trouble is, customers don't want more features, they want the right features. Innovative design and intellectual property are no longer long-term competitive advantages.

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Post-Crisis Digital Trends That Will Reshape Your Business in 2020

Up and Running

Cutting costs , revisiting forecasts , and stabilizing your business. Take delivery service apps like Instacart for example, that use AI analytics to garner insights about customers and their behavioral patterns. Revisit your business plan , forecasts, and company goals. The first stage in this crisis was survival. 5G Network.

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From Idea To Execution: Building An Efficient Workflow For Your New Venture

The Startup Magazine

This isn’t just about having a eureka moment; it’s about understanding the problem you’re solving and why it matters to your potential customers. Then, consider how you’ll reach your customers and what kind of relationship you want to build with them.

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7 Team Attributes That Can Make Any Idea Come Alive

Startup Professionals Musings

Who would have forecast that entrepreneur Gary Ross Dahl would make millions by starting a “ pet rock ” business way back in 1975? Focus on customer needs. Some founders are so passionate about their solution that they forget to lead with an explanation of the customer value equation.

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How to Write a Business Plan for a Cannabis Company

Up and Running

Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . The problem is that they sell extremely similar products, and customers in the area are becoming more adventurous and seeking variety. You provide extensive customer service and a variety of rewards options for customers.