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. Executive summary.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Startup Professionals Musings

JANUARY 13, 2020

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. As with most business and personal interactions, first impressions tend to become lasting ones. Others send investors email and business plans in all uppercase or no punctuation.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Gust

JANUARY 4, 2012

Many thanks to David Rose , Ilana Grossman , Justin Stanwix , and the whole Gust team for making the Gust Blog such a valuable platform and resource for entrepreneurs and angel investors. Here are just a few examples: Creating and revising a business plan (copyright, trade secret). Creating product mock-ups , wireframes, etc.

Intellectual Property 143

Intellectual Property IP Startup United States 143

YoungUpstarts

APRIL 8, 2019

Intellectual property (IP) is a primary business component for many entrepreneurs. However, intellectual property differs from other company assets in the way that it is not tangible. Since it is not a piece of physical property, many entrepreneurs neglect to realize its value.

Intellectual Property 127

Intellectual Property IP Management Startup 127

Up and Running

NOVEMBER 19, 2015

We all want the best for our babies—and our business plans! Nearly all businesses, whether they are small or large, are comprised of intellectual property (IP) and trade secrets, which can serve as the foundation for commercial success. See Also: Why Should You Care About Intellectual Property?

Intellectual Property 60

Intellectual Property Business Plan IP Early Stage 60

Startup Professionals Musings

SEPTEMBER 30, 2013

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. Register some intellectual property.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Startup Professionals Musings

DECEMBER 6, 2014

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. As with most business and personal interactions, first impressions tend to become lasting ones. Others send investors email and business plans in all uppercase or no punctuation.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

Startup Professionals Musings

NOVEMBER 30, 2015

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. Instead, entrepreneurs need to focus first on execution disciplines and timing. Build your time line and momentum quickly after your business' start.

Intellectual Property 120

Intellectual Property Entrepreneur Preferred Stock Stealth 120

Startup Professionals Musings

FEBRUARY 27, 2023

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Visit the university library for access to otherwise costly business reports.

Arizona 276

Arizona Intellectual Property Accredited Investor Entrepreneur 276

Startup Professionals Musings

MARCH 18, 2012

I’ve noticed that some entrepreneurs seem to have no trouble attracting investors, while others with a great business plan struggle with it. On the top line, angel investors look to invest in entrepreneurs that have an almost unwavering passion and sense of urgency. Values intellectual property.

Technical Review 294

Technical Review Intellectual Property Angel Investor Elevator Pitch 294

Up and Running

MARCH 12, 2019

Our commercial marketplace is ripe for innovation, and if you’re building a business right now, you’re probably thinking about how to streamline or disrupt an industry that’s been stagnant—just doing business as usual—for decades. So how can you protect your intellectual property when you outsource software development work?

IP 80

IP Software Developers Software Development Intellectual Property 80

Startup Professionals Musings

SEPTEMBER 10, 2018

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. You need to find the skills or experience you don’t have in business, technology, or money. Experience and connections in your business area. Textbook knowledge and academic degrees don’t count here.

Equity 238

Equity Cofounder Technical Cofounder Intellectual Property 238

Startup Professionals Musings

NOVEMBER 4, 2019

I say this not to discourage you from acting on your idea, but to encourage you to anticipate the work required to get you from inspiration to a sustainable and satisfying business. Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

OCTOBER 27, 2010

I’ve noticed that some entrepreneurs seem to have no trouble attracting investors, while others with a great business plan struggle with it. On the top line, angel investors look to invest in entrepreneurs that have an almost unwavering passion and sense of urgency. Values intellectual property.

Angel Investor 241

Angel Investor Technical Review Intellectual Property Elevator Pitch 241

Startup Professionals Musings

MARCH 11, 2016

As an active angel investor myself, I understand how the process works, and I see the disappointment in the eyes of entrepreneurs who approach angel groups for funding and often get turned away for not being timely or prepared in the minds of potential investors. 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 25, 2018

Now is the time to be an entrepreneur and create a business from your passion. 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.

Technical Cofounder 184

Technical Cofounder Intellectual Property Silicon Valley LLC 184

Startup Professionals Musings

NOVEMBER 4, 2011

Define some intellectual property. File a patent and trademarks to show real intellectual property. A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

MAY 29, 2021

These resources are definitely not limited to students, since every university seeks out and needs the real world exposure and experience of entrepreneurs who already are active in the real world marketplace. Business plan assistance. Product research and prototype development. Legal guidance.

Arizona 432

Arizona Phoenix Intellectual Property Incubator 432

Startup Professionals Musings

APRIL 22, 2013

I’ve noticed that some entrepreneurs seem to have no trouble attracting investors, while others with a great business plan struggle with it. On the top line, angel investors look to invest in entrepreneurs that have an almost unwavering passion and sense of urgency. Values intellectual property.

Technical Review 273

Technical Review Intellectual Property Angel Investor Elevator Pitch 273

Startup Professionals Musings

AUGUST 4, 2014

Building a new business is quite different from an executive role in a mature company, so people from these backgrounds are often a liability. Value is embodied in previous success with investors, proven problem-solving ability, and having built and executed a business plan with minimal resources. But don’t get greedy.

Cofounder 261

Cofounder Stock Founder Technical Cofounder 261

YoungUpstarts

JULY 5, 2020

In addition to Canada’s stable economy, other perks include its proximity to the United States and its similar business ethics and culture with the U.S, which makes running your business in Canada smooth with less cultural challenges to deal with. Entrepreneur Visa. Business Visitor Visa. Business Planning.

Canada 264

Canada North America Intellectual Property Asia 264

Startup Professionals Musings

AUGUST 31, 2012

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. Register some intellectual property.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

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. Here are the key principles I recommend as an advisor to many entrepreneurs: Start your business in your own home. Marty Zwilling

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Startup Professionals Musings

NOVEMBER 21, 2016

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. Entrepreneurs in this category are usually dreamers. Investors fear negative vibes will infect the business.

Intellectual Property 120

Intellectual Property Valuation Technical Review Equity 120

Startup Professionals Musings

SEPTEMBER 23, 2010

Define some intellectual property. File a patent and trademarks to show real intellectual property. A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

A Smart Bear: Startups and Marketing for Geeks

JULY 12, 2010

Listening to first-time entrepreneurs talk about their competitive advantages is as predictably invalid as the local weatherman's 10-day forecast. Innovative design and intellectual property are no longer long-term competitive advantages. It should be part of your business plan that other people will copy you.

Intellectual Property 319

Intellectual Property Bootstrapping Software Review Open Source 319

Steve Blank

JANUARY 27, 2011

Therefore the very foundations of teaching entrepreneurship should start with how to search for a business model. This startup search process is the business model / customer development / agile development solution stack. Business Model Versus Business Plan. The 47th (-46) Annual Business Model Competition.

Business Model 275

Business Model Utah Intellectual Property Agile 275

Startup Professionals Musings

JANUARY 14, 2023

Build a business plan and model that is attractive to investors. I see too many business plans that are really product plans for customers, touting free services and long feature lists. It’s hard to build and scale a business on free high-support products. These are more likely scalable and investable.

Hockey Stick 339

Hockey Stick Intellectual Property Non-Compete Business Model 339

Startup Professionals Musings

JUNE 17, 2011

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. Register some intellectual property.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Up and Running

MAY 12, 2020

Remote work and home-based businesses have slowly become a regular aspect of the modern-day workforce. While many traditional jobs still can’t function remotely, or have difficulty adjusting, many entrepreneurs have found success in starting a business from home. Develop a Business Plan.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Startup Professionals Musings

NOVEMBER 14, 2010

Bockerstette, Main Street Venture Fund As I outlined last week, trophy angel investors are always looking for trophy entrepreneurs. In many areas, not enough entrepreneurs meet the criteria, so it’s still a buyer’s market. Unfortunately, we read far more poorly written business plans at Main Street than good ones.

Intellectual Property 265

Intellectual Property Balance Sheet Phoenix Arizona 265

Startup Professionals Musings

JUNE 26, 2015

Few investors these days have the time or patience to read a full business plan, so a better way to catch their eye is with a tightly written and well formatted two-page executive summary. Patents or other intellectual property are a real competitive advantage for a startup, but first to market and working harder are not sustainable.

Intellectual Property 120

Intellectual Property Elevator Pitch Angel Investor Technical Review 120

Startup Professionals Musings

FEBRUARY 27, 2016

In addition to funding, the good news is that all of these provide aspiring entrepreneurs with an opportunity to perfect their marketing pitch, get some valuable target customer feedback and improve visibility to other funding sources. While all this is definitely a boon to entrepreneurs, it does come with its own set of challenges.

Non-disclosure Agreement 120

Non-disclosure Agreement Intellectual Property Technical Review Vesting 120

Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. You may have heard that venture capitalists in Silicon Valley no longer read business plans. Major milestones along the way should be outlined.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

APRIL 11, 2022

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. 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.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

APRIL 3, 2016

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120