Mike Michalowicz

DECEMBER 30, 2013

And that, my friends, is a closely guarded secret. The secret to your sauce is the linchpin of your success. Your “secret sauce” may be a chemical formula or an invention, or a method for doing something faster or better, or even for doing the “impossible.”. It’s the same in business.

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Kentucky Security Revenue Sales 60

Startup Professionals Musings

JANUARY 20, 2016

If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. Keep intellectual property keys in-house. For example, it is no secret that software pirating is still very common in China, Vietnam, and other cultures. Don’t let leading edge become bleeding edge.

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Intellectual Property Non-disclosure Agreement Software Review Technical Review 120

Startup Professionals Musings

SEPTEMBER 18, 2022

There is no perfect answer to the competitive advantage question, but investors are looking for how your offering will keep ahead of competition, not just at this moment, but throughout the life of their three to five-year investment. The problem is that startups have limited resources to keep them ahead of big companies.

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Intellectual Property Angel Investor Matching Founder 334

Hearpreneur

AUGUST 9, 2023

By unraveling the secret sauce that distinguishes a company from its competitors, we can gain insights into the strategies, strengths, and distinct qualities that underpin its success. We asked entrepreneurs and business owners about their “secret sauce” aka USP and here are some of their success secrets. #1-

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Startup Professionals Musings

OCTOBER 25, 2014

Phil Buckley, in “ Change With Confidence ,” provides practical answer to fifty of the biggest questions that keep change leaders up at night. Make sure metric results are available to the team, to keep them motivated. Keep the plan simple, focused, and flexible. Will my proposed change actually achieve the desired outcome?

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Metrics Technical Review Leadership Framework 271

SoCal CTO

SEPTEMBER 20, 2011

As Chris Dixon says in Why you shouldn’t keep your startup idea secret. What you will convey in your conversations What protections you will place on those communications For example, you might decide that portions of your concept will be controlled more closely (a secret algorithm). But let's leave that aside for a minute.

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NDA Stealth Intellectual Property Non-disclosure Agreement 211

Steve Blank

JUNE 8, 2021

Its premise is that keeping America safe not only requires us maintaining a technological edge but also using these cutting edge technologies to develop new operational concepts and strategies. Team Salus – Patching Operational Systems to Keep them Secure. Stay tuned. Team AngelComms – Rescuing Downed Pilots. It Takes A Village.

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SoCal CTO

SEPTEMBER 20, 2011

As Chris Dixon says in Why you shouldn’t keep your startup idea secret. What you will convey in your conversations What protections you will place on those communications For example, you might decide that portions of your concept will be controlled more closely (a secret algorithm). But let's leave that aside for a minute.

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NDA Stealth Intellectual Property Non-disclosure Agreement 198

Startup Professionals Musings

APRIL 29, 2023

Capture your “secret sauce.” This substantiates your expertise and value, builds peer relationships, gives you access to the people and technology to keep you current. If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business.

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Intellectual Property Social Media Business Model Employee 278

Startup Professionals Musings

AUGUST 14, 2023

Many entrepreneurs are finding their “secret sauce” these days by combining a strong purpose with a good business opportunity. We all change as we mature, and we all need to keep changing. Both ends of this spectrum fail to bring long-term satisfaction or success. Then take ownership and make it happen.

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Startup Professionals Musings

APRIL 20, 2013

Phil Buckley, in his new book “ Change With Confidence ,” provides practical answer to fifty of the biggest questions that keep change leaders up at night. Make sure metric results are available to the team, to keep them motivated. Keep the plan simple, focused, and flexible. How do I know what resources I need?

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Startup Metrics Technical Review Leadership 253

Startup Professionals Musings

NOVEMBER 21, 2020

Many entrepreneurs are finding their “secret sauce” these days by combining a strong purpose with a good business opportunity. We all change as we mature, and we all need to keep changing. Both ends of this spectrum fail to bring long-term satisfaction or success. Then take ownership and make it happen.

Early Stage 436

Early Stage Framework Community Customer 436

Startup Professionals Musings

AUGUST 3, 2020

Capture your “secret sauce.” This substantiates your expertise and value, builds peer relationships, gives you access to the people and technology to keep you current. If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business.

Intellectual Property 436

Intellectual Property Social Media Business Model Employee 436

Startup Professionals Musings

DECEMBER 14, 2019

There is no perfect answer to the competitive advantage question, but investors are looking for how your offering will keep ahead of competition, not just at this moment, but throughout the life of their three to five-year investment. The problem is that startups have limited resources to keep them ahead of big companies.

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Intellectual Property Angel Investor Matching Founder 301

The Next Web

NOVEMBER 17, 2013

For many startups, this was the secret to massive success : David Quail is a super talented software engineer, with one exit already under his belt. But the true magic of WordPress is the ability to extend its functionality to create many kinds of web platforms – while keeping your hands (mostly) free of code.

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Artificial Inteligence Cofounder Startup Widget 167

Startup Professionals Musings

OCTOBER 16, 2020

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. Keep the initial scope within bootstrapping limits. Define your “ secret sauce ” or intellectual property, and advertise it as well as protect it.

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Intellectual Property Small Business Administration Bootstrapping Differentiation 313

crowdSPRING Blog

SEPTEMBER 6, 2012

More Vacation is the Secret Sauce – [link]. How To Be a Genius: This Is Apple’s Secret Employee Training Manual – [link]. Making Money While Keeping Prices Low: Amazon CEO Jeff Bezos Explains It All (Mostly) – [link]. More Vacation is the Secret Sauce – [link]. – [link].

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Startup Professionals Musings

NOVEMBER 29, 2019

The right answer to this question is that you bring some new intellectual property to the table – like a patent or other secret sauce. Keep alternative business models on the table. Why doesn’t this product or service already exist? Do you have the resources to build a business?

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Intellectual Property Entrepreneur Bootstrapping Salary 317

Women Entrepreneurs Can

DECEMBER 15, 2021

I was able to keep my people. Surround yourself with great mentors – personal, professional and spiritual – this is the secret sauce. In 2015 Proje Inc. lost a key, $10 million client due to market changes out of their control. And thanks to a captive policy secured for “loss of key client,” they were able to stay afloat. “It

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Intellectual Property LLC CPA Atlanta 59

YoungUpstarts

MARCH 2, 2012

Now, this might sound like one more thing that’s going to clog up your to-do list, but it’s actually a great way to train yourself to keep an eye out for important details. Probably the ‘secret sauce’ to getting more done is to let people know you’re thinking of them when you DON’T need something from them. Stay in touch.

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Up and Running

JULY 6, 2016

Investors, bankers, and other outsiders look at technology as part of the secret sauce, the things that make your business better than competitors, defensible, or differentiated. Even in the case of a show-off business plan for angel investors, keep to the business side of it. See Also: The Different Types of Business Plans.

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Technical Review Software Review Business Plan Development Team Review 72

Startup Professionals Musings

JUNE 25, 2014

There is no perfect answer to the competitive advantage question, but investors are looking for how your offering will keep ahead of competition, not just at this moment, but throughout the life of their three to five-year investment. The problem is that startups have limited resources to keep them ahead of big companies.

Intellectual Property 276

Intellectual Property Entrepreneur Angel Investor Matching 276

Duct Tape Marketing

FEBRUARY 13, 2024

What keeps them up at night worrying? Keep in mind, when you genuinely focus on helping others thrive, attracting new leads becomes seamless. The secret sauce? The secret? The goal here is to keep potential clients not just interested, but eager to see what’s next or even engage past clients.

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Up and Running

SEPTEMBER 15, 2014

Venture capital is a very rarified atmosphere of high-end startups and emerging businesses with experienced management teams, high potential growth, secret sauce, and so on. And keep in mind, as you read that, that venture capital demands everything that angel investors do, and more. Service businesses don’t get venture capital.

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Software Review Due Diligence Venture Capital Elevator Pitch 124

Hearpreneur

MARCH 14, 2019

Converting that deep knowledge into actionable steps is the secret sauce behind our process. It keeps my primary focus off profit and helps me enjoy a business that also happens to be my passion. That’s in addition to the time spent constantly reading everything from fashion historians to industry publications.

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Bankruptcy Atlanta Curation Vertical 55

Startup Professionals Musings

JANUARY 27, 2018

There is no perfect answer to the competitive advantage question, but investors are looking for how your offering will keep ahead of competition, not just at this moment, but throughout the life of their three to five-year investment. The problem is that startups have limited resources to keep them ahead of big companies.

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Intellectual Property Angel Investor Matching Founder 129

Up and Running

MARCH 26, 2015

Make this the lean plan and add a regular process of review and revision to keep it fresh. Keep it simple like the tactics in the normal lean plan, but add some bullets and concrete specifics for tasks and timing to get a startup going. Keep it short and make it fit the need. The fourth and final part is budgets. Startup plan.

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Startup Professionals Musings

SEPTEMBER 2, 2018

Capture your “secret sauce.” This substantiates your expertise and value, builds peer relationships, gives you access to the people and technology to keep you current. If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business.

Intellectual Property 181

Intellectual Property Social Media Business Model Employee 181

Version One Ventures

NOVEMBER 17, 2015

Keep in mind, I won’t share all of Insight’s secret sauce, but will hopefully provide enough high level lessons and principles that you can apply to your own hiring process. To that end, I’ve decided to summarize some of what I learned at Insight about recruiting and training data scientists. Finding a data scientist is hard.

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Growthink Blog

JANUARY 29, 2014

There is a challenging balance between keeping the critical pieces secret and promoting products and services during fundraising – whether with angel investors, venture capitalists (VCs), or crowdfunding platforms. If I have a mutual NDA with Company A, I cannot go to software Company B and spill secrets learned from Company A.

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NDA Intellectual Property Non-disclosure Agreement Angel Investor 124

Mike Michalowicz

JANUARY 2, 2023

Remember your purpose – While the ho hum tasks are flying around, keep an eye on why you started your business in the first place. . Keep commitments – It’s easy to say, “Yes!”. It’s truly one of the huge ingredients in the secret sauce. Keep a clear mind. You’re likely a go-getter. It will come back to you.

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Lean Naming Conversion Entrepreneur 60

YoungUpstarts

APRIL 3, 2019

by Henry Hutcheson, author of “ Dirty Little Secrets of Family Business: Ensuring Success from One Generation to the Next “ It’s wonderful to be able to work with your children and imagine them taking the reins some day. If you’re the founder of the business, this may be even more difficult to keep in mind.

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Up and Running

JUNE 14, 2016

A business plan is impressive when it combines a credible team with an attractive market, plus differentiators, barriers to competition, good product-market fit, some proprietary secret sauce. The best you can do with the writing and formatting and such is keep that all out of the way, so it doesn’t interfere with the content.

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Business Plan Metrics Differentiation Hiring 60

Startup Professionals Musings

JUNE 27, 2014

Capture your “secret sauce.” This substantiates your expertise and value, builds peer relationships, gives you access to the people and technology to keep you current. If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business.

Intellectual Property 263

Intellectual Property Social Media Business Model Employee 263

Mike Michalowicz

JUNE 2, 2021

How will you keep customers engaged in your marketing? That’s your secret sauce, right there. Make how you are attracting works for who your community is. After years of research, I can say that gimmicks and talking without doing the walk only work for the short term. I am wishing you tremendous success!

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Customer Marketing Audience Social Media 114

Duct Tape Marketing

JANUARY 18, 2024

But with so many trends to keep track of, it can be tough to know where to focus your attention. Think of AEO as your content’s secret weapon for grabbing the spotlight in search results. In this guide, we’ll break down the five most important marketing trends for fractional CMOs in 2024.

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Artificial Inteligence Marketing Social Media Video 80

A Smart Bear: Startups and Marketing for Geeks

MARCH 6, 2012

Do you think most of their customers and potential customers are keeping track of feature-release timelines? So no, don’t publish your secrets without reason, don’t give your competitors information for free. Forget the NDAs, just talk about everything except the one or two things that really are secret sauce.

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Cofounder Incubator Social Network Business Model 237