Startup Professionals Musings

FEBRUARY 18, 2023

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Sweat Equity 207

Sweat Equity Burn Rate Technical Review Intellectual Property 207

Startup Professionals Musings

DECEMBER 6, 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. Consider licensing your product or intellectual property, and “white labeling.”

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

AUGUST 17, 2020

Check for intellectual property barriers in your way. Even good social causes need to bring in revenue to continue their worthy efforts. A successful startup is more about the right people and the right execution than the right idea. Don’t forget to consider customer alternatives, like trains versus airplanes.

Technical Review 434

Technical Review Due Diligence Intellectual Property Internet 434

Steve Blank

JUNE 26, 2014

Next we teach Distribution Channels (how are you going to sell the product) and Customer Relationships (how do you Get/Keep/Grow customers) and Revenue Streams (what’s the Revenue Model strategy and pricing tactics.) You get an introduction to reimbursement early here, while the details are described later in the “Revenue” lecture.).

Intellectual Property 283

Intellectual Property Lean IP Open Source 283

The Startup Magazine

FEBRUARY 21, 2024

The most poignant of these challenges was the quest for capital partners, which was not just about securing capital but about finding collaborators who were willing to believe in the vision and commit to the long-term journey. Are there new revenue streams you can tap into? Are there inefficiencies that you can iron out?

Technical Review 132

Technical Review Due Diligence Bankruptcy Intellectual Property 132

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. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Up and Running

JULY 28, 2022

Small Business Administration , an organization is considered to be a small business if their: Firm revenue ranges from $1 million to $40 million Number of employees is between 100 and 1,500. Secure your intellectual property. Generally, the size is based on the number of employees and annual receipts for a given period.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

Berkonomics

DECEMBER 9, 2021

It wasn’t about paying for service we now expect at no extra cost just about everywhere, it was about a patent that covered that expansive service. I recalled that there was a patent war already in full swing in this very segment, centered about who was first to file a patent in just this use case.

Intellectual Property 62

Intellectual Property IP Internet Technology 62

Steve Blank

SEPTEMBER 16, 2014

But what about for us, a consumer hardware hardware company? Activities define the unique expertise your company needs to deliver the value proposition, customers, channels, customer relationships and/or revenue. (If They seem to know the right mix of skills on their founding team is a hacker, hustler and designer.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

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. Consider licensing your product or intellectual property, and “white labeling.”

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Steve Blank

DECEMBER 10, 2009

Early on in my career I took a “we’re moving too fast to deal with lawyers” attitude to patents and Intellectual Property (IP.) At one of my entrepreneurship classes at Stanford, Dan Dorosin , of Fenwick & West LLP guest lectures about startups and Intellectual Property. Intellectual Property.

Intellectual Property 219

Intellectual Property IP Software Review Non-disclosure Agreement 219

Startup Professionals Musings

JULY 1, 2017

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. Consider licensing your product or intellectual property, and “white labeling.”

Product Development 177

Product Development Cost Developer Product 177

YoungUpstarts

AUGUST 6, 2012

Boasting resources for life sciences, bio-tech, medical devices, photonics, clean energy, and engineering, BU can help to incubate businesses in just about any physical technology. At Boston University, there’s an incredible array on business incubation opportunities. Engineering Translational Technology Center. Harvard Innovation Lab.

Incubator 202

Incubator New York City Boston Intellectual Property 202

YoungUpstarts

NOVEMBER 19, 2020

Does it have a niche or intellectual property? Generally, companies sell for either a percentage of revenues or a multiple of EBITDA. She is a leading authority on buying, selling, and improving businesses, as well as increasing business revenue streams. Is your product thriving or dying?

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

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. Consider licensing your product or intellectual property, and “white labeling.”

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. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

SEPTEMBER 24, 2018

Check for intellectual property barriers in your way. Even good social causes need to bring in revenue to continue their worthy efforts. A successful startup is more about the right people and the right execution than the right idea. Don’t forget to consider customer alternatives, like trains versus airplanes.

Technical Review 208

Technical Review Due Diligence Intellectual Property Internet 208

Startup Professionals Musings

SEPTEMBER 18, 2022

Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding.

Intellectual Property 334

Intellectual Property Angel Investor Matching Founder 334

YoungUpstarts

DECEMBER 14, 2016

Make sure you align financial reporting and projections about the future of the business to your overall message. Watch out for complex areas such as accounting for revenue, inventory, contingencies, equity instruments and consolidation. A successful purchase is about having your buyer’s trust and confidence. Books and records.

Acquisition 100

Acquisition Intellectual Property Technical Review Due Diligence 100

YoungUpstarts

NOVEMBER 18, 2018

Alternatively, you can search AmericanBar.org to locate pro bono intellectual property attorneys in your area to see if there may be a pro bono patent attorney who is able to conduct research on your behalf and assist you in filing your patent. A patent provides a means to protect your intellectual property.

Intellectual Property 157

Intellectual Property Forecast LLC Acquisition 157

Startup Professionals Musings

OCTOBER 14, 2016

If your new venture is still in the idea or development stages, don’t even think about a high valuation. Premium ventures need real traction, such as 100 million users, 10 million in revenue, or brand recognition around the world. Strong intellectual property and defensibility. Active interest by a multitude of investors.

Intellectual Property 120

Intellectual Property Valuation Merger Exit Strategy 120

Both Sides of the Table

MARCH 21, 2013

I think it’s important for enterprise startups to layer in professional services into your revenue stream. deliver profitable revenue that while on gross margins of 50% vs. software at 85-95% it is still profits to help you cover fixed costs. Protect Your Intellectual Property. rollout support. configuration.

Software Review 321

Software Review Software IP Technical Review 321

Up and Running

NOVEMBER 19, 2015

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. The World Intellectual Property Organization defines IP as, “creations of the mind,” which, depending on the business, can take many forms.

Intellectual Property 60

Intellectual Property Business Plan IP Early Stage 60

Startup Professionals Musings

APRIL 11, 2022

Every business needs revenue to provide investor returns and offset costs. Free” is not an attractive revenue model to investors. Popular revenue models today include recurring subscription charges, licensing, as well the traditional sale or lease model. Investors will demand clear channel definitions. Customer relationships.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

NOVEMBER 21, 2016

They expect to hear about founders and team member’s prior experience in building a startup, and knowledge in the relevant solution domain. Investors read this as an excuse for no real intellectual property or innovation. Declare a $10 million valuation with no revenue or customers.

Intellectual Property 120

Intellectual Property Valuation Technical Review Equity 120

Startup Professionals Musings

SEPTEMBER 27, 2014

Check for intellectual property barriers in your way. Even good social causes need to bring in revenue to continue their worthy efforts. A successful startup is more about the right people and the right execution than the right idea. Don’t forget to consider customer alternatives, like trains versus airplanes.

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. Consider licensing your product or intellectual property, and “white labeling.”

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Professionals Musings

NOVEMBER 4, 2011

Yet according to the latest data from Gust (formerly AngelSoft), only about 3 out of 100 companies who initiate the formal request process actually get funded. Define some intellectual property. File a patent and trademarks to show real intellectual property. Variables for “what if” questions add credibility.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

SEPTEMBER 29, 2023

Every business needs marketing, distribution, a positive revenue model and intellectual property to survive. The exciting part about being an entrepreneur is that you can tailor the role to match your real motivations. The old adage of “if we build it, they will come” doesn’t work anymore. Marty Zwilling

Intellectual Property 243

Intellectual Property Matching Business Model Cofounder 243

Up and Running

DECEMBER 27, 2018

If you’re thinking about manufacturing and retail opportunities, start by yourself the following questions: Does your invention solve a real-world problem? It partners with many companies/inventors and splits the licensing revenue 50-50. Intellectual Ventures is another such company. Start a business: Product conversion.

Intellectual Property 93

Intellectual Property Technical Review Due Diligence Cofounder 93

Startup Professionals Musings

MAY 27, 2016

Investors look for entrepreneurs who talk about building a sustainable business, rather than highlighting the breakthrough elegance of the technology or the need for social change. Even social entrepreneurs need milestones, quantifiable results, and revenue to sustain their value. Focus on customer needs.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

Startup Professionals Musings

DECEMBER 11, 2022

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. At these stages, it’s all about you, and your ability to communicate and execute effectively.

Due Diligence 271

Due Diligence Intellectual Property Entrepreneur Preferred Stock 271

The Startup Magazine

MARCH 29, 2024

This isn’t just about having a eureka moment; it’s about understanding the problem you’re solving and why it matters to your potential customers. This involves more than just understanding your competitors; it’s about grasping the nuances of the market you’re entering.

Intellectual Property 130

Intellectual Property Angel Investor Business Model Bootstrapping 130

Startup Professionals Musings

JANUARY 14, 2023

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. But what does that really mean? Outsource what is non-strategic to optimize leverage.

Hockey Stick 339

Hockey Stick Intellectual Property Non-Compete Business Model 339

Startup Professionals Musings

APRIL 10, 2016

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. Most founders like to talk about their many months or years of sweat-equity , but cash invested is a stronger commitment.

Sweat Equity 120

Sweat Equity Burn Rate Technical Review Intellectual Property 120

YoungUpstarts

MAY 19, 2016

by Gadiel Morantes , chief revenue officer at Early Growth Financial Services. Speaking intelligently about your company’s current (and future) performance means regular check-ins with your finances. Be diligent about income and expenses and how each relates to your milestones. A Jenga tower is a precariously built one.

Technical Review 124

Technical Review Burn Rate IP Intellectual Property 124

Startup Professionals Musings

MARCH 4, 2016

It’s tempting to tell everyone about all the future potential uses of your new technology and risk confusing them, having them wait for your future or disappoint them with several poor solutions. Forecast revenue growth that defies business principles. Dismiss the need to register any intellectual property.

Intellectual Property 120

Intellectual Property Startup Forecast Angel Investor 120