Startup Professionals Musings

AUGUST 17, 2020

Even if the idea sounds unique to you, it’s worth your time to do a few Internet searches using relevant keywords. Check for intellectual property barriers in your way. Even good social causes need to bring in revenue to continue their worthy efforts. Ask domain experts to quantify value for you.

Technical Review 434

Technical Review Due Diligence Intellectual Property Internet 434

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Apply for contests and business grants.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

JULY 14, 2014

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Apply for contests and business grants.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

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. In the early Internet days, it would cost a million dollars to get this far.

Technical Cofounder 184

Technical Cofounder Intellectual Property Silicon Valley LLC 184

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Apply for contests and business grants.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Berkonomics

DECEMBER 9, 2021

The Internet was young back when the patent was first filed by the Company, and their patented product allowed a visitor to dial into a computer (does anyone remember dial-up electronic bulletin boards?) Lots of work and millions of revenue in return. Intellectual property is the principal asset of must every technology company.

Intellectual Property 62

Intellectual Property IP Internet Technology 62

Startup Professionals Musings

SEPTEMBER 24, 2018

Even if the idea sounds unique to you, it’s worth your time to do a few Internet searches using relevant keywords. Check for intellectual property barriers in your way. Even good social causes need to bring in revenue to continue their worthy efforts. Ask domain experts to quantify value for you.

Technical Review 208

Technical Review Due Diligence Intellectual Property Internet 208

Startup Professionals Musings

FEBRUARY 15, 2023

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. 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. Operate small, but show a big-company image.

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

Startup Professionals Musings

AUGUST 25, 2017

In case you haven’t noticed it, the rapid evolution of do-it-yourself (DIY) facilities for developers, including 3-D printers, SketchUp and makerspaces such as TechShop , have scaled down the cost of prototypes and hardware design by an order of magnitude. Quick low-cost design and fabrication alternatives are extremely valuable.

Technical Cofounder 153

Technical Cofounder Intellectual Property Wiki Cofounder 153

Startup Professionals Musings

SEPTEMBER 27, 2014

Even if the idea sounds unique to you, it’s worth your time to do a few Internet searches using relevant keywords. Check for intellectual property barriers in your way. Even good social causes need to bring in revenue to continue their worthy efforts. Ask domain experts to quantify value for you.

Technical Review 267

Technical Review Due Diligence Entrepreneur Intellectual Property 267

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Nevertheless, it’s an option that doesn’t cost you equity. Solicit funds from friends and family.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Professionals Musings

MAY 18, 2020

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. 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. Operate small, but show a big-company image.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

Startup Professionals Musings

APRIL 24, 2022

The good news is that a recent Kauffman Early-Stage Entrepreneurship (KESE) Index shows the highest level of new business activity recorded in the last two decades, and the cost of entry at an all-time low. This means building a revenue stream, and tuning your business model to produce margins in the 50 percent range or above.

Intellectual Property 281

Intellectual Property Startup Early Stage Venture Capital 281

Startup Professionals Musings

NOVEMBER 4, 2011

Get your Internet domain name and website. Define some intellectual property. File a patent and trademarks to show real intellectual property. In most cases, a Microsoft Excel spreadsheet is adequate, with projection formulas for revenue, costs, and cash flow over the next five years.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

MAY 4, 2016

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Years ago, it cost a million dollars for a new e-commerce site, one that you can now create for almost nothing with current tools and technology. The cost of social media done well is low. Marty Zwilling.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Up and Running

AUGUST 24, 2020

Cutting costs , revisiting forecasts , and stabilizing your business. Internet of Things. While AI helps businesses make sense of their data, the Internet of Things (IoT) helps capture and deliver data from a plethora of interconnected devices. The first stage in this crisis was survival. 5G Network.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Startup Professionals Musings

SEPTEMBER 11, 2016

Even if the idea sounds unique to you, it’s worth your time to do a few Internet searches using relevant keywords. Check for intellectual property barriers in your way. Even good social causes need to bring in revenue to continue their worthy efforts. Ask domain experts to quantify value for you.

Technical Review 120

Technical Review Due Diligence Intellectual Property Internet 120

Startup Professionals Musings

SEPTEMBER 23, 2010

Get your Internet domain name and website. Define some intellectual property. File a patent and trademarks to show real intellectual property. In most cases, a Microsoft Excel spreadsheet is adequate, with projection formulas for revenue, costs, and cash flow over the next five years.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

ReadWriteStart

SEPTEMBER 3, 2020

According to Deloitte , 59% of companies outsource to cut costs. Fortunately, the internet makes it easier than ever to connect and partner with subject-matter experts who will show you exactly how to outsource as an entrepreneur. Reviewing three to four proposals will allow you and your team to compare costs and services.

Entrepreneur 97

Entrepreneur Technical Review Intellectual Property Partner 97

YoungUpstarts

NOVEMBER 18, 2018

The costs associated with patenting your technological or creative boon, successfully bringing your product to market and compelling larger companies to come to the table and negotiate a royalty deal rests in how you proceed. A patent provides a means to protect your intellectual property.

Intellectual Property 157

Intellectual Property Forecast LLC Acquisition 157

Startup Professionals Musings

JULY 24, 2019

The good news is that the latest Kauffman Early-Stage Entrepreneurship (KESE) Index shows the highest level of new business activity recorded in the last two decades, and the cost of entry at an all-time low. This means building a revenue stream, and tuning your business model to produce margins in the 50 percent range or above.

Intellectual Property 236

Intellectual Property Early Stage Venture Capital Framework 236

Steve Blank

MARCH 31, 2014

Just look at the disruptive challenges that businesses face today– globalization, China as a manufacturer, China as a consumer, the Internet, and a steady stream of new startups. Companies horde cash and squeeze the most revenue and margin from the money they use.

Private Equity 326

Private Equity Metrics China Intellectual Property 326

A Smart Bear: Startups and Marketing for Geeks

JANUARY 24, 2011

Of course this is Survivor Bias at it’s finest; these examples don’t prove this is a great strategy , they just illustrate that it can work: Zappos decided to sell shoes over the Internet, even though it meant eating shipping costs as customers tried shoe after shoe, constantly returning merchandise on the basis of fit or look.

Intellectual Property 242

Intellectual Property Open Source Bandwidth IP 242

YoungUpstarts

DECEMBER 7, 2014

International business has long been the sphere of large corporations, but, today, with Internet access, even small businesses can sell products and services worldwide. Property Rights. The intellectual property of one company may be licensed to another company in different countries.

Intellectual Property 230

Intellectual Property Global Finance Partner 230

Startup Professionals Musings

NOVEMBER 16, 2014

The bad news is that it’s still high, the opportunity for change is huge, and the cost of entry is at an all-time low. This means building a revenue stream, and tuning your business model to produce margins in the 50% range or above. It’s a jungle fight for survival out there for aspiring entrepreneurs of all ages and demographics.

Intellectual Property 262

Intellectual Property Entrepreneur Framework Business Model 262

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Finally the amount of capital needed to take a drug to FDA trials could be enormously expensive, at least 10x more than startup costs at an electron-based company. Here’s why.

Lean 260

Lean Internet Silicon Valley Venture Capital 260

Steve Blank

NOVEMBER 21, 2016

Activities might include hardware or software development, mastering a 10,000 mile supply chain, low-cost manufacturing, or to provide services in a foreign country. Resources are what the team needs to hire or own inside their company — the team’s physical, financial, human and intellectual property. Looking ahead.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

Activities might include hardware or software development, mastering a 10,000 mile supply chain, low-cost manufacturing, or to provide services in a foreign country. Resources are what the team needs to hire or own inside their company — the team’s physical, financial, human and intellectual property. Looking ahead.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Startup Professionals Musings

JULY 23, 2017

The bad news is that it’s back to pre-recession highs, the opportunity for change is huge, and the cost of entry is at an all-time low. This means building a revenue stream, and tuning your business model to produce margins in the 50 percent range or above. I don’t believe in greed, but we all need to make enough money to eat.

Intellectual Property 143

Intellectual Property Startup Framework Business Model 143

ConversionXL

DECEMBER 7, 2017

The CEO cut costs. NB: Notice this “tripwire marketing” is different from the “tripwire offer” popular in internet marketing circles. That latter term is used to describe an initial offer that generates enough revenue to offset the cost of acquiring a customer. Marketing where you don’t have to is called a subsidy cost.

Bankruptcy 106

Bankruptcy Marketing Campaign Intellectual Property 106

Startup Professionals Musings

JUNE 5, 2013

The opportunity for change is huge, with everyone taking a new look at the world after the recession, but the competition is also huge, since the cost of entry is at an all-time low. This means building a revenue stream, and tuning your business model to produce margins in the 50% range or above. That’s the good news and the bad news.

Intellectual Property 249

Intellectual Property Startup United States Framework 249

Startup Professionals Musings

SEPTEMBER 14, 2015

A few years ago, before the Internet was pervasive, before everyone carried a smartphone and before do-it-yourself software tools were available for free, it was difficult to reach a critical mass of new customers without spending a million dollars on a website, custom software and television advertising. Building the prototype can be fun.

Intellectual Property 120

Intellectual Property LLC Social Media China 120

Startup Professionals Musings

DECEMBER 24, 2012

Get your Internet domain name and website. Define some intellectual property. File a patent and trademarks to show real intellectual property. In most cases, a Microsoft Excel spreadsheet is adequate, with projection formulas for revenue, costs, and cash flow over the next five years.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

Startup Professionals Musings

APRIL 6, 2016

It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down. 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. Operate small, but show a big-company image.

Bootstrapping 120

Bootstrapping Hockey Stick Sweat Equity Intellectual Property 120

Startup Professionals Musings

APRIL 28, 2013

Even in an open space, you need intellectual property, like patents, to keep potential competitors from overrunning you. For example, many new social websites proclaim that they will offer a free service, and live on ad revenues (not likely in the first year without a huge marketing investment). Financial risk. Technology risk.

Intellectual Property 261

Intellectual Property Mexico Startup China 261

Startup Professionals Musings

MARCH 25, 2012

Even in an open space, you need intellectual property, like patents, to keep potential competitors from overrunning you. For example, many new social websites proclaim that they will offer a free service, and live on ad revenues (not likely in the first year without a huge marketing investment). Financial risk. Technology risk.

Intellectual Property 271

Intellectual Property Entrepreneur Mexico China 271