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The Importance Of Intellectual Property Protection In Entrepreneurship

YoungUpstarts

If you have ever come up with a unique invention, you may already realize how important it is to protect your intellectual property. The United States Patent and Trademark Office understands this, and works to ensure that applications for new intellectual property are given their due and protected under US law.

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10 Key Business Founder Checks Needed Before The Plan

Startup Professionals Musings

For an inventor , the product is everything, and managing cash flow in a business may be the least satisfying part. Working for a well-funded existing company, or pursuing your dream as a hobby, may be more satisfying and productive. Temper your passion with feedback on a minimum viable product before committing.

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How To Find the Right Co-Founders?

Steve Blank

While most of the early attention in a startup is paid to finding product market fit ( the match between value proposition and customer segment on the right-side of the canvas) it’s the left side of the canvas that will tell you what your founding team should look like. So What Does this Have to Do With A Founding Team?

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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

Value Propositions and Customer Segments are covered in weeks 1 and 2, emphasizing the search for problem/solution and then product/market fit. Hypotheses about Intellectual Property, Reimbursement, Regulation and Clinical Trials found on the left side of canvas are as, or more important than those on the right side of the canvas.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there. Make the product or service come alive. Make sure your solution is defensible and unique. Implement a strategy for growth and improvement.

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How To Sell Your Business For Maximum Profit And Why It’s Best To Sell When Business Is Thriving

YoungUpstarts

They are as follows: People, Products, Processes, Proprietary, Patrons, and Profits. Products are the products or services that are offered by your company. Products are the products or services that are offered by your company. Is your product thriving or dying?

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8 Steps To Starting A New Venture With Limited Funds

Startup Professionals Musings

These days you can create a C-corp or LLC online quickly at a low cost, to serve you well in signing partners, intellectual property, investors, and revenue. Most investors expect a minimum viable product (MVP) sold to at least one customer. Prepare a pitch deck to document and share your plan.