Start-up Tips: Identifying Intellectual Property, Simplified

YoungUpstarts

I’ve attended many IP seminars and conferences conducted specifically for businesses and they are generally always about Patents. Intellectual Property, simply put, is a creation of the mind that’s unique. Intellectual Property is all about protecting what’s “mine”.

Intellectual Property for Startups in the Real World

Gust

Last month we covered the basics of intellectual property (IP) for startups, including a simple taxonomy, some common issues and related documents for entrepreneurs to use when forming a new startup. What kind of risk do we run of being put out of business by others’ IP rights ? How much risk do IP issues in the aggregate pose to our business ? It’s often possible to “ design around ” a patent to operate a business that achieves similar results in different ways.)

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3 Steps to Protecting Intellectual Property

Inc Startups

Many start-up owners are concerned with the intellectual property (IP) of their company, and they should be. Seasoned entrepreneurs understand the need to take risks with their IP, typically by sharing early-stage product ideas, concepts, or business models with potential investors.

The Business Model Canvas Can Get Your Startup Funded

Startup Professionals Musings

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. A business without well-defined customers is never fundable.

6 Ways Startups Are Fooled By Prior Business Models

Startup Professionals Musings

Many are just not facing the reality that their passion had a critical business flaw. Every business, young or old, needs to avoid the following six mistakes that he outlines: Anticipating success based on the recent past. Physically or emotionally moving yourself above the business.

Business Model Analysis, Part 1: Key Questions

Platforms and Networks

Business model analysis is central to the lean startup approach developed by Eric Ries , Steve Blank , and others. But what exactly is a business model? I’ll also share some practical guidelines for conducting business model analysis. business models

The 47th (-46) International Business Model Competition

Steve Blank

The most visible step was the first International Business Model Competition , hosted by the BYU Rollins Center for Entrepreneurship and Technology. Or more accurately, startups are a temporary organization designed to search for a scalable and repeatable business model.)

Utah 20

Qualcomm’s Corporate Entrepreneurship Program – Lessons Learned (Part 2)

Steve Blank

When the teams exited the bootcamp, however, it was unclear which existing business unit should evaluate them. We should had done this before assigning the teams to a particular business unit (or had the ability to create a new business unit, or spin the team out of the company).

Which Is The Best Business Model For Your Startup – B2B Or B2C?

Entrepreneurs-Journey.com by Yaro Starak

Choosing the right business to start is something that nobody can tell you except yourself. Ask ten business owners what they think as to which business to start and you’ll probably end up with fifteen different ideas because answering the Golden Question of Entrepreneurship often proves difficult to even the most seasoned business professional. What may be a cost-effective business now could be a nightmare waiting to happen.

B2C 29

Alex Osterwalder on Business Model Innovation at Business of Software 2011.

Business of Software Blog

Alex Osterwalder, author of Business Model Generation, entrepreneur and man on a mission to make Business Models sexy and interesting had a tough act to follow last year. He was the third speaker of the morning, talking after Professor Clayton Christensen who gave a “jaw-droppingly good” talk about why large companies fail and how entrepreneurial businesses succeed – well worth a watch. Alex Osterwalder, Business Model Generation.

7 Critical Steps for Attracting Venture Funding

Business Plan Blog

What makes an idea compelling to an investor is 2 fold: 1) does the idea offer a solution to a big problem or opportunity, and 2) is the idea protected via intellectual property or some other barrier to entry. Have businesses signed letters of intent?

How To Find the Right Co-Founders?

Steve Blank

Surprisingly if you’ve filled out the business model canvas you already know who you need. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind.

4 Startup Survival Lessons Lead To Business Success

Startup Professionals Musings

In this context, it’s time for every business, not only startups, to take a fresh look at the basics of business success. This means building a revenue stream, and tuning your business model to produce margins in the 50 percent range or above.

I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. In this week we generally describe the business rationale of why you need these.

Why Translational Medicine Will Never be The Same

Steve Blank

have learned how to use business models, get out of the building to test their hypotheses and minimum viable product. However, business models in the Life Sciences are a bit more complicated than those in software, web/mobile or hardware.

These 8 Disciplines Define A Fundable Entrepreneur

Startup Professionals Musings

Aspiring entrepreneurs often ask me what to do first when starting a business. Just don’t try to sell your business to investors before it is well established. You shouldn’t try to create a business that hasn’t yet been defined. business discipline entrepreneur fundable startup

A Five-Minute Tutorial On How To Value Your Startup

Startup Professionals Musings

If you have a proven business model with some sales, it’s credible to apply a multiplier of five to 10 times this number for the first element of valuation. Registered intellectual property adds value.

Time For Founders School

Steve Blank

Kauffman just launched Founders School - a new education series to help entrepreneurs develop their businesses during the startup stage by highlighting how startups are different from big companies. 0:43: Business Plans versus Business Models.

8 Ways To Get Off The Ground With Angel Investors

Startup Professionals Musings

Come with a product built and a proven business model. Angels are most interested to help you scale the business, once you have real customer traction and ready to break out. It takes more than one person, no matter how passionate, to grow an investible business.

Entrepreneurs Need To Understand Survival Basics

Startup Professionals Musings

In this context, it’s time for every business, not only startups, to take a fresh look at the basics of business success. This means building a revenue stream, and tuning your business model to produce margins in the 50% range or above.

Entrepreneurs, Use Patents to Protect Your Intellectual Property and Create Value for Your Start-up Company

Robert Ochtel

One way to accomplish this is to develop, file, and prosecute a number of broad patents to protect your start-up company and its underlying intellectual property. With limited funds, the necessity of securing a number of patents to protect your intellectual property has generally not been a viable option for these same start-up companies. This is generally accomplished with patents covering the underlying and core intellectual property of your start-up company.

Get the Heck Out of the Building in Founder’s School: Part 2

Steve Blank

Kauffman launched Founders School - a new education series to help entrepreneurs develop their businesses during the startup stage by highlighting how startups are different from big companies. 1:28: Using the Business Model Canvas.

Is This Startup Ready For Investment?

Steve Blank

Corporations running internal incubators face many of the same selection issues as startup investors, plus they must grapple with the issues of integrating new ideas into existing P&L-driven functions or business units.

StartupRoar - Great Content for Startups

SoCal CTO

This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

7 Critical Success Factors For A Services Business

Startup Professionals Musings

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.

8 Ways An Investor Pitch Differs From A Product Pitch

Startup Professionals Musings

When pitching to investors, entrepreneurs always seem to start with a customer pitch, then add a slide or two about the business. In reality, they need a separate pitch about the business, carrying over only a slide or two about the solution.

10 Action Items to Keep Angel Investors Hovering

Gust

Here is my list of top ten action items to best prepare you for success in achieving a funding event with Angels: Incorporate the business now. If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Define some intellectual property.

Innovation Outposts in Silicon Valley – Going to Where the Action Is

Steve Blank

This is the second in a series about the changing models of corporate innovation co-authored with Evangelos Simoudis. Evangelos and I are working on what we hope will become a book about the new model for corporate entrepreneurship.

How Great Entrepreneurs Spell Continuous Innovation

Startup Professionals Musings

A technical champion may drive a specific innovation, but the business leader has to own the result, in order to drive an appropriate business model, customer acquisition, support, and a growth strategy. Business risks are not just development risks.

7 Key Steps From a Million Dollar Idea To a Business

Startup Professionals Musings

Based on my own experience as a startup investor, and feedback from like-minded friends, we all get pitches for at least ten startup ideas for every one new business plan. New business founders need to remember that investors fund business implementations, not ideas.

Business Model Analysis, Part 4: Racing for Scale

Platforms and Networks

This post is part of a series on business model analysis for entrepreneurs. The first post in the series presents a comprehensive list of issues entrepreneurs should consider when designing a business model. It's crucial to understand whether accelerated growth is a priority, given the attributes of your business model. I've written below with the tacit assumption that a founder will always want to grow a business if she can.

Investors Love To Fund Solutions That Are Scalable

Startup Professionals Musings

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets.

10 Ways For Entrepreneurs To Meet Cash Flow Peaks

Startup Professionals Musings

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. It always reduces risk to plan your business first.

8 Myths Technologists Believe That Sink Businesses

Startup Professionals Musings

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. You can’t build a business case until the technology is finalized.

13 Red Flags To Avoid In Your Investor Funding Pitch

Startup Professionals Musings

After listening to hundreds of startup pitches, and reading even more business plans, most new venture investors develop their own favorite list of “red flags” that signal the beginning of the end of their interest. Investors fear negative vibes will infect the business.

How To Pick A Startup Model To Match Your Motivation

Startup Professionals Musings

According to most definitions, anyone who starts a business is an entrepreneur , but most people don’t realize there are many startup types out there, and picking the wrong one can be just as disastrous as being stuck in a cubicle at work, or doing things with no interest and no skills.

10 Actions To Make Sure Your New Business Will Scale

Startup Professionals Musings

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets.

10 Top Reasons For First-time Entrepreneur Failure

Startup Professionals Musings

Don’t believe the old urban legend that a business plan isn’t worth the effort. The discipline of writing down a plan is the best way to make sure you actually understand how to transform your idea into a business. Business model doesn’t make money.

10 Paths Which Often Lead To Early Business Failure

Startup Professionals Musings

I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Crowd-Funding Success Usually Brings New Challenges

Gust

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. No one contemplates including a business plan, investor presentation, or even the equivalent of an executive summary.