Remove Distribution Remove Intellectual Property Remove Management Remove Metrics
article thumbnail

6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

Unfortunately, I see good startups fail simply because they don’t have the resources or intellectual property to stay ahead of copycats or big players who see the potential as soon as you step into the marketplace. Make sure your solution is defensible and unique. Implement a strategy for growth and improvement.

article thumbnail

10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Idea management. Ownership. Value creation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Zyla, managing director of Acuitas, Inc., A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry. If you stop working for the company, how will that impact your voting and distribution rights? Protect your company’s customers, employees and intellectual property.

Partner 208
article thumbnail

10 Steps To A New Venture That Can Change The World

Startup Professionals Musings

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Idea management. Ownership. Value creation.

article thumbnail

ESADE Business School Commencement Speech

Steve Blank

But the world you lead will be much different from the one your professors knew or your predecessors managed. Yet in the face of all this change, traditional firms continue to embrace a management ethos that values efficiency over innovation. To manage these employees companies create metrics to control, measure and reward execution.

article thumbnail

How to Write a Business Plan for a Cannabis Company

Up and Running

Team: Who is on your management team? Milestones and metrics that you’ll need to hit to be viable. Valuable strategic alliances for a cannabis company might include security staff, pharmacists, attorneys, sales associates, and store managers. Distribution. Milestones and metrics. This is your value proposition.

article thumbnail

10 Keys To Delivering Innovation As An Entrepreneur

Startup Professionals Musings

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Creating intellectual property, including patents, is the kay to long-term value and a sustainable competitive advantage. Idea management. Ownership. Value creation.