article thumbnail

10 Avoidable Mistakes Cause Entrepreneurs Much Pain

Startup Professionals Musings

Some entrepreneurs can’t decide if they want to be a Limited Liability Corporation (LLC) or a C-corporation, or they don’t have the money, so they put off doing anything until the first venture capital round, or until the first lawsuit occurs. It’s not that hard to change later to a C-Corp.

article thumbnail

SuperMac War Story 6: Building The Killer Team – Mission, Intent.

Steve Blank

To do that we will create end-user demand and drive it into the sales channel, educate the channel and customers about why our products are superior, and help Engineering understand customer needs and desires. We will accomplish this through demand-creation activities (advertising, PR, tradeshows, seminars, web sites, etc.),

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

[Interview] Robert Morton, Toronto Business Leader and Former Home Capital Executive On New Product Development

YoungUpstarts

New product development is an essential part of the entrepreneurial landscape. Many people become entrepreneurs because they see a need or problem in the marketplace and have an idea to address it, improve the user experience or simply create a new efficiency. New products help companies continue to grow, thrive and generate revenue.

article thumbnail

When Microsoft Threatened to Sue Us Over the Letter “E”

Steve Blank

And with that same massive leap of creativity Microsoft decided that their logo would have their product name and the letter “E’ with a swoop over it. One of E.piphany’s product innovations was that we used this new fangled invention called the browser and we ran on both Netscape and Microsoft’s.

SQL 287
article thumbnail

10 Startup Shortcuts That Will Be Back To Haunt You

Startup Professionals Musings

Some entrepreneurs can’t decide if they want to be a Limited Liability Corporation (LLC) or a C-corporation, or they don’t have the money, so they put off doing anything until the first venture capital round, or until the first lawsuit occurs. business entrepreneur mistakes shortcut startup' Marty Zwilling.

Startup 265
article thumbnail

10 Startup Shortcuts That Will Be Back To Haunt You

Gust

Some entrepreneurs can’t decide if they want to be a Limited Liability Corporation (LLC) or a C-corporation, or they don’t have the money, so they put off doing anything until the first venture capital round, or until the first lawsuit occurs. Invested Interests entrepreneur mistakes startup'

Startup 183
article thumbnail

The Ultimate Inventor’s Guide to Inventing Things

Up and Running

The trick then is figuring out what your exact solution is, and whether or not there will be demand for it on a scale beyond just yourself, or whether or not you’ll be able to compete, if you’re entering an already-flooded market, like the shampoo market. See Also: Market Research Resources for Entrepreneurs. A benefit statement.