Startup Professionals Musings

JANUARY 13, 2020

Registered patents and other intellectual property. In this context, investors are attracted to thought-leaders visible on social media, and people with strong technical credentials. There is no substitute for experience and trained skills in the business area you are attacking.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Startup Professionals Musings

AUGUST 25, 2018

The cost of rolling out a business has never been lower – it only takes a few hundred dollars to incorporate a Limited Liability Corp (LLC) online, create your own website, use social media to get attention, and you are in business. Build a following and start a brand through social media.

Technical Cofounder 184

Technical Cofounder Intellectual Property Silicon Valley LLC 184

Startup Professionals Musings

NOVEMBER 4, 2019

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. In my experience, the key steps I look for always include the following: Testing the idea against customers who have money to spend.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Startup Professionals Musings

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Intellectual Property 278

Intellectual Property Social Media Business Model Employee 278

Startup Professionals Musings

MARCH 11, 2016

Create and highlight your intellectual property portfolio. Highlight existing presence on the Internet and social media. In addition, your company and social media names are key intellectual property. A business needs technical, marketing, financial and many other skills.

Angel Investor 120

Angel Investor Intellectual Property Accredited Investor Angel Groups 120

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Intellectual Property 436

Intellectual Property Social Media Business Model Employee 436

Startup Professionals Musings

FEBRUARY 15, 2023

It’s equally easy to go online and incorporate your new entity, register some intellectual property and have some fun with social media for marketing and interacting with customers. Use multiple social-media channels, blogging, email and voicemail to build the same image and responsiveness as larger competitors.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Startup Professionals Musings

DECEMBER 6, 2014

Registered patents and other intellectual property. In this context, investors are attracted to thought-leaders visible on social media, and people with strong technical credentials. There is no substitute for experience and trained skills in the business area you are attacking.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

Startup Professionals Musings

AUGUST 25, 2023

The cost of entry has never been lower, with new tools to create your own website , and free social media to get your message out everywhere. Make sure the name and trademarks you want are available, as well as web site address, social media tags, and any other intellectual property.

Intellectual Property 245

Intellectual Property Social Media Angel Investor Metrics 245

Startup Professionals Musings

NOVEMBER 30, 2015

Register some intellectual property to provide a barrier to entry. A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. A strong team has more credibility with investors than does a great idea by itself.

Intellectual Property 120

Intellectual Property Entrepreneur Preferred Stock Stealth 120

Startup Professionals Musings

JANUARY 7, 2023

With the success of Facebook and Twitter, I still see new social media startups almost every day, with most destined to fail. Of course, there are many other common reasons for startup failure, including inexperienced teams, inadequate marketing, no intellectual property, business model doesn’t work, or just giving up too early.

Intellectual Property 314

Intellectual Property Entrepreneur Bankruptcy Viral 314

Startup Professionals Musings

NOVEMBER 9, 2022

Social media relationships fuel the scaling fire. Partnering will begin to happen across great distances, include reciprocity thinking, and even intellectual property will shift from a closed to a more open system. Maintain the agility to quickly pivot or quit. Not everything will work.

Partner 328

Partner Intellectual Property Silicon Valley Cloud 328

Startup Professionals Musings

JULY 23, 2023

Will the solution give you an “unfair competitive advantage,” meaning no competitor already has it, or can replicate your solution without your skills or intellectual property. Highly saturated domains (more than 10 existing players), such as niche social media sites, are highly risky. Make it ready to play in all media.

Intellectual Property 240

Intellectual Property Elevator Pitch Algorithm Social Media 240

Startup Professionals Musings

MAY 18, 2020

It’s equally easy to go online and incorporate your new entity, register some intellectual property and have some fun with social media for marketing and interacting with customers. Use multiple social-media channels, blogging, email and voicemail to build the same image and responsiveness as larger competitors.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

Startup Professionals Musings

MAY 4, 2016

Before you bring on partners, develop intellectual property, raise capital, or generate revenues, you need to establish an official business entity. Establishing your brand with interactive social media. The cost of social media done well is low. Using new tools for recruiting key players and advisors.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

NOVEMBER 4, 2020

Will the solution give you an “unfair competitive advantage,” meaning no competitor already has it, or can replicate your solution without your skills or intellectual property. Highly saturated domains (more than 10 existing players), such as niche social media sites, are highly risky. Make it ready to play in all media.

Intellectual Property 416

Intellectual Property Elevator Pitch Startup Algorithm 416

Startup Professionals Musings

FEBRUARY 14, 2021

Other intellectual property has similar value, including trade secrets, copyrights and trademarks. Successful entrepreneurs start early building their own brand through social media, industry forums, scheduled events, book publishing, and speaking engagements. Your solution is just the beginning, not the only solution.

Intellectual Property 417

Intellectual Property Angel Investor Dilution Differentiation 417

Startup Professionals Musings

APRIL 10, 2016

Enthusiastic startup founders may try to deflect or minimize these questions in true media-training style, so you need to be patient, calm, and persistent to get the whole story. Are any lawsuits and challenges to intellectual property pending?

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

Startup Professionals Musings

FEBRUARY 27, 2016

Be extra careful with your intellectual property. They forget about the platform fee -- typically 5 percent -- taxes on pledges, preparation and social media commitment to prepare and execute the campaign, and the give-back required if you don’t meet your goal. Naïve entrepreneurs believe crowdfunding is essentially free.

Non-disclosure Agreement 120

Non-disclosure Agreement Intellectual Property Technical Review Vesting 120

Startup Professionals Musings

SEPTEMBER 21, 2018

But they can otherwise save you much time and effort, and are also safer and more productive than the old-fashioned approach of broadcast emailing or cold-calling every investor you can find in online directories, or responding to the risky spam offers you get for funding on social media. Register Internet and social media startup names.

Equity 236

Equity Intellectual Property Elevator Pitch Social Media 236

Startup Professionals Musings

OCTOBER 19, 2015

In today’s world of information overload, everyone relies on marketing and social media to find solutions to match their needs. Intellectual property is a business issue, not a technical issue. Business people know how to downplay the technology and market the value of the solution.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Startup Professionals Musings

APRIL 8, 2015

Enthusiastic startup founders may try to deflect or minimize these questions in true media-training style, so you need to be patient, calm, and persistent to get the whole story. Are any lawsuits and challenges to intellectual property pending?

Technical Review 120

Technical Review Due Diligence Sweat Equity Burn Rate 120

Startup Professionals Musings

APRIL 12, 2020

With the success of Facebook and Twitter, I still see new social media startups almost every day, with most destined to fail. Of course, there are many other common reasons for startup failure, including inexperienced teams, inadequate marketing, no intellectual property, business model doesn’t work, or just giving up too early.

Intellectual Property 310

Intellectual Property Startup Bankruptcy Viral 310

Startup Professionals Musings

FEBRUARY 14, 2020

Social media relationships fuel the scaling fire. Partnering will begin to happen across great distances, include reciprocity thinking, and even intellectual property will shift from a closed to a more open system. Maintain the agility to quickly pivot or quit. Not everything will work.

Partner 310

Partner Intellectual Property Silicon Valley Startup 310

Startup Professionals Musings

JANUARY 31, 2020

Even the best solutions these days need to be marketed on multiple platforms, including online, social media, and the proper industry and customer channels for customer geographies. Inventors follow a structured process to assemble and test solutions, file patents for intellectual property protection, and define production details.

Founder 312

Founder Intellectual Property Dilution Startup 312

Startup Professionals Musings

SEPTEMBER 2, 2018

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Intellectual Property 181

Intellectual Property Social Media Business Model Employee 181

Startup Professionals Musings

JUNE 27, 2014

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Intellectual Property 263

Intellectual Property Social Media Business Model Employee 263

Startup Professionals Musings

JANUARY 23, 2019

For example, every business needs a company name and logo, incorporation, an Internet domain name and website, social media accounts, prototypes, intellectual property, and key executive positions filled. Your goal should be smaller chunks and more milestones, allowing regular celebration of progress.

Intellectual Property 248

Intellectual Property Dilution Cofounder Social Media 248

Startup Professionals Musings

OCTOBER 2, 2019

You can easily remove any inappropriate comments from your own sites, and you can cancel or delete your account on most social media sites. In addition, every business has the obligation to defend their reputation, as well as intellectual property, through legal action. Some industry sites will remove comments at your request.

Reputation 216

Reputation Management Intellectual Property Internet 216

Startup Professionals Musings

NOVEMBER 11, 2013

No intellectual property. Intellectual property is also often the largest element of early-stage company valuations for professional investors. Viral marketing and word-of-mouth are not enough these days to make your product and brand visible in the relentless onslaught of new media out there today.

Intellectual Property 251

Intellectual Property Startup Viral Early Stage 251

Startup Professionals Musings

OCTOBER 1, 2012

No intellectual property. Intellectual property is also often the largest element of early-stage company valuations for professional investors. Viral marketing and word-of-mouth are not enough these days to make your product and brand visible in the relentless onslaught of new media out there today.

Intellectual Property 274

Intellectual Property Entrepreneur Viral Early Stage 274

Startup Professionals Musings

APRIL 28, 2017

With interactive social media and blogging, you have every opportunity to test and tune your idea before spending any real money. Formalize a company entity, website, and social media presence. Stake your territory with some intellectual property. A good social cause doesn’t always imply a viable business.

Intellectual Property 185

Intellectual Property Social Media LLC Cloud 185

Startup Professionals Musings

AUGUST 17, 2016

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Intellectual Property 120

Intellectual Property Startup Social Media Business Model 120

Startup Professionals Musings

SEPTEMBER 21, 2015

For example, think of all the specialized social-media sites that allow the use of your Facebook or Twitter credentials, instead of forcing a new one. Competitors can agree on common interfaces without exposing or jeopardizing their intellectual property or customer relationships. And growth is the lifeblood of every startup.

Non-disclosure Agreement 120

Non-disclosure Agreement Intellectual Property Non-Compete Startup 120

Startup Professionals Musings

SEPTEMBER 14, 2015

Create and register intellectual property online. In a new startup, there is tremendous competitive value in registering intellectual property early, but you don’t need to contract these tasks to expensive experts any longer. Take advantage of social media and free websites for marketing.

Intellectual Property 120

Intellectual Property LLC Social Media China 120

Startup Professionals Musings

JANUARY 4, 2017

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. Social media accounts. You need all these before you start looking for funding.

Intellectual Property 174

Intellectual Property Non-disclosure Agreement IP United States 174

Startup Professionals Musings

FEBRUARY 1, 2016

Define a business entity early to manage taxes and intellectual property. New intellectual property should always be assigned to a business. Until you have a business, you shouldn’t get a web domain name or social media accounts, since these all should match and are hard to change later.

Intellectual Property 120

Intellectual Property LLC Limited Liability Company Nevada 120