Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Consider licensing your product or intellectual property, and “white labeling.” Commit to a major customer.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JULY 1, 2017

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Consider licensing your product or intellectual property, and “white labeling.” Commit to a major customer.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Consider licensing your product or intellectual property, and “white labeling.” Commit to a major customer.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

According to a recent Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Intellectual Property 134

Intellectual Property Technical Review Startup Bootstrapping 134

Startup Professionals Musings

NOVEMBER 30, 2015

If your strength is technology, find a co-founder who has a comparable strength in business, finance or marketing. 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.

Intellectual Property 120

Intellectual Property Entrepreneur Preferred Stock Stealth 120

Startup Professionals Musings

APRIL 30, 2012

Attract investors and financing. The startups that typically receive the most dollars in first-time financings are ones that have at least four things going for them: Experience in related fields. Investors highly prize gifted leaders who are business veterans with experience in similar ventures, who can move quickly and effectively.

Intellectual Property 248

Intellectual Property Startup IP Finance 248

Startup Professionals Musings

MAY 1, 2021

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Truly satisfied customers are a joy to every business person. A business model that works. You knew all along that you could do it.

Sweat Equity 400

Sweat Equity Intellectual Property Startup Viral 400

Startup Professionals Musings

JULY 9, 2017

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key activities. Try this one.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

Steve Blank

JUNE 19, 2014

you make substantive changes to one or more parts of your initial business model, and this new data affects your biological and clinical hypotheses. assess intellectual property and regulatory risk before they design and build. identify financing vehicles before you need them.

Lean 269

Lean SBIR Intellectual Property Customer Development 269

Startup Professionals Musings

NOVEMBER 9, 2010

To attract investors and financing. The startups that typically receive the most dollars in first-time financings are ones that have at least four things going for them: Experience in related fields. Great business model. Intellectual property (IP). No strategy leads to no decisions or poor decisions.

Intellectual Property 231

Intellectual Property Startup IP Finance 231

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Consider licensing your product or intellectual property, and “white labeling.” Commit to a major customer.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Professionals Musings

OCTOBER 19, 2015

Most technologists have little interest in the mechanics of starting and building a business. That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Outside investors are most interested in scaling a proven business model, not research and development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Startup Professionals Musings

JULY 13, 2019

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key activities. Try this one.

Intellectual Property 250

Intellectual Property Business Model Angel Investor Channel 250

Steve Blank

APRIL 14, 2013

business models. Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. The motivations are the same – profit – driven by entrepreneurs and venture finance.

China 323

China Silicon Valley Non-Compete Intellectual Property 323

Steve Blank

MARCH 31, 2014

Cheered on by finance professors, Wall Street analysts, investors and hedge funds, companies have learned how to make metrics like Internal Rate of Return look great by one; outsourcing everything, two, getting assets off their balance sheet, and three only investing in things that pay off fast. Act Like a Startup.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Up and Running

SEPTEMBER 19, 2018

Write your business plan and develop your business model with this in mind so you can avoid these issues. . You can choose from a few different types of business plans depending on your needs. If you’re seeking investment, you need a traditional business plan. Target market: Who is your ideal buyer? Be specific.

Business Plan 154

Business Plan Technical Review Forecast Exit Strategy 154

ReadWriteStart

JULY 9, 2023

They impact fundraising, hiring, intellectual property rights and patents, and many more things around starting and running a business. Business Models and Pricing Know your business model prior to launching a startup. Meanwhile, each venture requires sorting out an enormous amount of legal details.

Intellectual Property 122

Intellectual Property Startup Burn Rate Metrics 122

YoungUpstarts

AUGUST 6, 2012

Participants in the incubation program learn valuable lessons in entrepreneurial management, finding financing from incubator companies, modern office space, and fully permitted labs with a wide range of technical equipment and engineering resources.

Incubator 187

Incubator New York City Boston Intellectual Property 187

Steve Blank

APRIL 14, 2013

business models. Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. The motivations are the same – profit – driven by entrepreneurs and venture finance.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

Steve Blank

FEBRUARY 25, 2014

a language corporate innovation groups can use to communicate to business units and finance. Over 10 weeks each team gets out of the building talking to 100 customers to test their hypotheses across all 9 boxes in the business model canvas. We track each team’s progress as they test their business model hypotheses.

Incubator 310

Incubator Intellectual Property Startup Lean 310

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. Our attorney should have known.

Technical Review 118

Technical Review Angel Investor Dilution Due Diligence 118

Startup Professionals Musings

NOVEMBER 10, 2014

But from my perspective in really helping entrepreneurs, both fall short on several counts: Focus too much on the product, not enough on the business model. The key success factors of the business model (how a business survives and grows), management expertise, and financial projections will likely get overlooked.

Non-disclosure Agreement 254

Non-disclosure Agreement Intellectual Property Accredited Investor Equity 254

Startup Professionals Musings

MARCH 17, 2013

But from my perspective in really helping entrepreneurs, both fall short on several counts: Focus too much on the product, not enough on the business model. The key success factors of the business model (how a business survives and grows), management expertise, and financial projections will likely get overlooked.

Non-disclosure Agreement 266

Non-disclosure Agreement Intellectual Property Accredited Investor Equity 266

Startup Professionals Musings

MAY 18, 2013

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Truly satisfied customers are a joy to every business person. A business model that works. You knew all along that you could do it.

Sweat Equity 251

Sweat Equity Intellectual Property Startup Viral 251

Startup Professionals Musings

APRIL 29, 2012

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Truly satisfied customers are a joy to every business person. A business model that works. You knew all along that you could do it.

Sweat Equity 256

Sweat Equity Intellectual Property Entrepreneur Viral 256

Up and Running

AUGUST 28, 2018

Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. First, your business plan laid out the opportunity at hand. Now is the time to lay out what you’ll do to attract patients and set up a viable business model with healthy financials. Be specific.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

JUNE 25, 2011

But from my perspective representing investors, this approach falls short on several counts: Focus is on the product, not the business model. The key success factors of the business model (how you make money), management expertise, and financial projections will likely get overlooked. Intellectual property is jeopardized.

Non-disclosure Agreement 230

Non-disclosure Agreement Intellectual Property Startup Social Media 230

Gust

NOVEMBER 2, 2014

But from my perspective in really helping entrepreneurs, both fall short on several counts: Focus too much on the product, not enough on the business model. The key success factors of the business model (how a business survives and grows), management expertise, and financial projections will likely get overlooked.

Non-disclosure Agreement 160

Non-disclosure Agreement Intellectual Property Accredited Investor Equity 160

Steve Blank

DECEMBER 30, 2014

. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model.

San Diego 261

San Diego North Carolina Chicago Lean 261

Startup Professionals Musings

NOVEMBER 12, 2010

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Truly satisfied customers are a joy to every business person. A business model that works. You knew all along that you could do it.

Sweat Equity 222

Sweat Equity Intellectual Property Viral Salary 222

K9 Ventures

APRIL 27, 2011

Their business model was to provide retailers with a new interface for shopping for soft goods — something that hasn’t changed a whole lot since Web 1.0. In August/September 2009, the founders and I agreed to work together to raise a round of financing for the company. Modista had built Shopping 2.0.

Software Review 134

Software Review Technical Review IP Finance 134

Steve Blank

DECEMBER 7, 2009

The initial hypothesis for Epiphany (from my much smarter partner Ben ) was that as departments in the enterprise (manufacturing, finance, customer support sales) became automated, the marketing department would eventually get its turn. We had validated our new assumptions by a set of orders, and we had pivoted on our business model.

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

Steve Blank

MARCH 11, 2010

Our goal is to teach students the key concepts of the startup process and help them understand that a startup is a search for a profitable business model. Students formed 5-person teams, came up with a business idea then got out of the building to validate their business model. What is a business model?

Intellectual Property 226

Intellectual Property Business Model Customer Development Distribution 226

www.inc.com

SEPTEMBER 24, 2011

Small Business Success | Mondays and Thursdays. The Goods: Your Business Toolbox | Thursdays. Finance | Tuesdays. Todays Small Business News | Daily. Financing a Small Business. Buying a Small Business. RUNNING A BUSINESS. Financing A Small Business. Business Taxes.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Startup Professionals Musings

MAY 21, 2010

But from my perspective representing investors, this approach falls short on several counts: Focus is on the product, not the business model. The key success factors of the business model (how you make money), management expertise, and financial projections will likely get overlooked. Intellectual property is jeopardized.

Non-disclosure Agreement 149

Non-disclosure Agreement Intellectual Property Startup Social Media 149

Transformify

JULY 23, 2018

The good news is that startups from all sectors of the economy can apply and leverage on novel combinations of existing business models and technologies. Does your idea and business model have the potential to scale internationally? What is your intellectual property policy? If not, how will you address it?

Intellectual Property 66

Intellectual Property Dilution Angel Investor Startup 66

Professor VC

APRIL 7, 2011

This will also serve as a good pointer for all the entrepreneurs who ask why I am not interested in their company led convertible note financing round. This can make it much more difficult to get any bank financing, new investment, and trade credit. In cases where it is truly a bridge financing (i.e. Steve Bennet. at 1:33 PM.

San Jose 36

San Jose Technical Review Angel Investor Valuation 36