Startup Professionals Musings

OCTOBER 15, 2022

Registered patents and other intellectual property. A proven business model, ready to scale, is particularly attractive. Many key insights to success in any business can’t be learned from books or the Internet. There is no substitute for experience and trained skills in the business area you are attacking.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

Startup Professionals Musings

NOVEMBER 4, 2011

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Get your Internet domain name and website. Define some intellectual property. File a patent and trademarks to show real intellectual property. This is called “validating the business model.”

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Steve Blank

APRIL 14, 2013

business models. 70% of Chinese Internet users are under 30. Internet penetration in Beijing is greater than 70% while it’s less than 25% in Yunnan, Jiangxi, Guizhou and other provinces. Intellectual property protection is great on paper and “limited” in practice. Of course “copy” is too strong a word.

China 328

China Silicon Valley Non-Compete Intellectual Property 328

Startup Professionals Musings

DECEMBER 6, 2014

Registered patents and other intellectual property. A proven business model, ready to scale, is particularly attractive. Many key insights to success in any business can’t be learned from books or the Internet. There is no substitute for experience and trained skills in the business area you are attacking.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

Startup Professionals Musings

JUNE 30, 2019

According to my experience and a this Motley Fool article, the challenge is very real, with around half of all new businesses no longer existing after five years. If your offering is exciting enough, you may get millions in small amounts from other people on the Internet to help you fly high over the valley of death.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

SEPTEMBER 23, 2010

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Get your Internet domain name and website. Define some intellectual property. File a patent and trademarks to show real intellectual property. This is called “validating the business model.”

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

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. The first will be commodity businesses that are valued for their ability to execute their current business model.

Private Equity 330

Private Equity Metrics China Intellectual Property 330

Startup Professionals Musings

JULY 1, 2017

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Apply for contests and business grants. Consider licensing your product or intellectual property, and “white labeling.”

Product Development 177

Product Development Cost Developer Product 177

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

Steve Blank

APRIL 14, 2013

business models. 70% of Chinese Internet users are under 30. Internet penetration in Beijing is greater than 70% while it’s less than 25% in Yunnan, Jiangxi, Guizhou and other provinces. Intellectual property protection is great on paper and “limited” in practice. Of course “copy” is too strong a word.

China 220

China Silicon Valley Non-Compete Intellectual Property 220

Startup Professionals Musings

JANUARY 12, 2018

According to a recent Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Steve Blank

DECEMBER 7, 2009

Our business model changed as we realized that to become a large company, we needed to automate more than just a few marketers. Welcome to the Internet bubble.) We had validated our new assumptions by a set of orders, and we had pivoted on our business model. Lessons Learned Your business concept is not a company.

Silicon Valley 261

Silicon Valley Non-disclosure Agreement NDA Startup 261

Startup Professionals Musings

MARCH 11, 2016

Come with a product built and a proven business model. A business needs technical, marketing, financial and many other skills. If you are an inventor, for example, you need to line up the business side of your team before angels will be interested. Create and highlight your intellectual property portfolio.

Angel Investor 120

Angel Investor Intellectual Property Accredited Investor Angel Groups 120

Gust

NOVEMBER 8, 2012

As a native of Silicon Valley , I’ve witnessed the creative destruction of wave after wave of innovation as nearby corporate campuses repopulated themselves : From defense contractors to data centers , computer mainframe manufacturers to Internet search engines. Intellectual Property. Free Speech.

Silicon Valley 187

Silicon Valley San Francisco Intellectual Property Accredited Investor 187

Startup Professionals Musings

JULY 8, 2015

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. Apply for contests and business grants. Consider licensing your product or intellectual property, and “white labeling.”

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Up and Running

AUGUST 24, 2020

Here are just a few things you can do by leveraging data analytics: Gain a better understanding of changing customer preferences Discover new business opportunities Identify and eliminate bottlenecks in your operations Minimize and better allocate advertising costs Provide greater customer support through automated chat. Internet of Things.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Growthink Blog

NOVEMBER 8, 2010

How / must your business model evolve to leverage these new opportunities? Modern business, shaped by technology, is increasingly diverging to two nodes – on the one hand to great size quickly (see Google, Facebook, eBay, Twitter, et al.) Check your ego firmly at the door when evaluating business models.

Africa 104

Africa Brazil China India 104

Startup Professionals Musings

MAY 1, 2021

Truly satisfied customers are a joy to every business person. A business model that works. Of course, never forget those ongoing perspiration items that seem to haunt you every day: Create intellectual property. Some say the Internet is a metaphor for our brains. You knew all along that you could do it.

Sweat Equity 400

Sweat Equity Intellectual Property Startup Viral 400

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. The Rise of the “Lean VC’s” – Consumer Internet Gets Funded. First, my students are confused about who to talk to and how to think about funding their consumer internet startups.

Lean 265

Lean Internet Silicon Valley Venture Capital 265

Startup Professionals Musings

APRIL 24, 2022

This means building a revenue stream, and tuning your business model to produce margins in the 50 percent range or above. Once you have a proven business model, you need to scale the business up quickly to stay ahead of competitors. If you want to survive. Survival means growth and scaling. If you want to mate.

Intellectual Property 281

Intellectual Property Startup Early Stage Venture Capital 281

Steve Blank

NOVEMBER 21, 2016

Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. Resources are what the team needs to hire or own inside their company — the team’s physical, financial, human and intellectual property.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. Resources are what the team needs to hire or own inside their company — the team’s physical, financial, human and intellectual property.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Startup Professionals Musings

JANUARY 7, 2023

Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. Never take your eye off the ball in business. The lesson here is that even the most promising startups and experienced teams can be misled by sticking with business models that worked in the past, and market opportunities that may no longer exist.

Intellectual Property 314

Intellectual Property Entrepreneur Bankruptcy Viral 314

Startup Professionals Musings

APRIL 12, 2020

Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. Never take your eye off the ball in business. The lesson here is that even the most promising startups and experienced teams can be misled by sticking with business models that worked in the past, and market opportunities that may no longer exist.

Intellectual Property 310

Intellectual Property Startup Bankruptcy Viral 310

Startup Professionals Musings

NOVEMBER 16, 2014

This means building a revenue stream, and tuning your business model to produce margins in the 50% range or above. Once you have a proven business model, you need to scale the business up quickly to stay ahead of competitors. If you want to survive. Survival means growth and scaling. If you want to be feared.

Intellectual Property 262

Intellectual Property Entrepreneur Framework Business Model 262

Startup Professionals Musings

JULY 22, 2020

It never hurts to start networking personally with all levels of investors early, but sending out teasers and business plans to every name you can find on the Internet is a waste of your time and theirs. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process.

Angel Investor 370

Angel Investor Intellectual Property Investment Bankers Private Equity 370

Startup Professionals Musings

JUNE 5, 2013

This means building a revenue stream, and tuning your business model to produce margins in the 50% range or above. Once you have a proven business model, you need to scale the business up quickly to stay ahead of competitors. If you want to survive. Survival means growth and scaling. If you want to be feared.

Intellectual Property 249

Intellectual Property Startup United States Framework 249

Startup Professionals Musings

JULY 24, 2019

This means building a revenue stream, and tuning your business model to produce margins in the 50 percent range or above. Once you have a proven business model, you need to scale the business up quickly to stay ahead of competitors. If you want to survive. Survival means growth and scaling. If you want to mate.

Intellectual Property 236

Intellectual Property Early Stage Venture Capital Framework 236

Startup Professionals Musings

MARCH 17, 2013

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. Intellectual property is jeopardized. Crowd-funding investors are not constrained to be accredited professional investors.

Non-disclosure Agreement 266

Non-disclosure Agreement Intellectual Property Accredited Investor Equity 266

Startup Professionals Musings

DECEMBER 24, 2012

If the founders are not experienced, find a couple of advisors from the business sector to fill the gap. Get your Internet domain name and website. Define some intellectual property. File a patent and trademarks to show real intellectual property. This is called “validating the business model.”

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

Startup Professionals Musings

NOVEMBER 10, 2014

Many entrepreneurs seems to be convinced that the “crowd” of regular people using the Internet will somehow solve their startup funding needs, when they sense a lack of interest from accredited investors. Intellectual property is jeopardized. Crowd-funding investors are not constrained to be accredited professional investors.

Non-disclosure Agreement 254

Non-disclosure Agreement Intellectual Property Accredited Investor Equity 254

Startup Professionals Musings

SEPTEMBER 21, 2018

Register Internet and social media startup names. File a provisional patent or other intellectual property. Intellectual property is also a clear differentiator from your competitors, and indicates a serious commitment rather than testing the water. Pick a platform that fits your business model or industry.

Equity 236

Equity Intellectual Property Elevator Pitch Social Media 236

Startup Professionals Musings

APRIL 17, 2023

It never hurts to start networking personally with all levels of investors early, but sending out teasers and business plans to every name you can find on the Internet is a waste of your time and theirs. You are now entering the rollout stage , with money required for marketing, hiring a full-time team, and a production process.

Angel Investor 313

Angel Investor Intellectual Property Investment Bankers Private Equity 313

Startup Professionals Musings

APRIL 29, 2012

Truly satisfied customers are a joy to every business person. A business model that works. Of course, never forget those ongoing perspiration items that seem to haunt you every day: Create intellectual property. Some say the Internet is a metaphor for our brains. You knew all along that you could do it.

Sweat Equity 256

Sweat Equity Intellectual Property Entrepreneur Viral 256

Startup Professionals Musings

MAY 18, 2013

Truly satisfied customers are a joy to every business person. A business model that works. Of course, never forget those ongoing perspiration items that seem to haunt you every day: Create intellectual property. Some say the Internet is a metaphor for our brains. You knew all along that you could do it.

Sweat Equity 251

Sweat Equity Intellectual Property Startup Viral 251

Startup Professionals Musings

JUNE 25, 2011

Crowd-sourcing tools, usually Internet applications, use the social media to poll for interest, feedback, and ultimately some funding for the startup. But from my perspective representing investors, this approach falls short on several counts: Focus is on the product, not the business model. Intellectual property is jeopardized.

Non-disclosure Agreement 230

Non-disclosure Agreement Intellectual Property Startup Social Media 230

Startup Professionals Musings

JANUARY 10, 2016

Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. Never take your eye off the ball in business. The lesson here is that even the most promising startups and experienced teams can be misled by sticking with business models that worked in the past, and market opportunities that may no longer exist.

Business Model 120

Business Model Intellectual Property Startup Bankruptcy 120