Startup Professionals Musings

MAY 17, 2020

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

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 235

Intellectual Property IP Software Review Non-disclosure Agreement 235

Gust

JANUARY 4, 2012

Last month we covered the basics of intellectual property (IP) for startups, including a simple taxonomy, some common issues and related documents for entrepreneurs to use when forming a new startup. I’m proud to contribute to the effort and always enjoy reading what the other authors have to say.

Intellectual Property 143

Intellectual Property IP Startup United States 143

Steve Blank

APRIL 23, 2014

If they decide to buy, large companies can: license/acquire intellectual property. These include the product itself, the customer, the distribution channel, revenue model, how to get, keep and grow customers, resources and activities needed to build the business and costs.). Five Types of Innovation to Buy.

Acquisition 334

Acquisition Intellectual Property Silicon Valley Startup 334

Startup Professionals Musings

SEPTEMBER 30, 2013

It doesn’t prove your business model of pricing, distribution, and support. Register some intellectual property. These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Real customers give you real feedback, rather than just tell you what you want to hear.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity Fractional CTO 281

Startup Professionals Musings

AUGUST 31, 2012

It doesn’t prove your business model of pricing, distribution, and support. Register some intellectual property. These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Real customers give you real feedback, rather than just tell you what you want to hear.

Intellectual Property 260

Intellectual Property Sweat Equity Fractional CTO CTO Hire 260

Startup Professionals Musings

JUNE 17, 2011

It doesn’t prove your business model of pricing, distribution, and support. Register some intellectual property. These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Real customers give you real feedback, rather than just tell you what you want to hear.

Intellectual Property 253

Intellectual Property Sweat Equity Fractional CTO CTO Hire 253

Startup Professionals Musings

FEBRUARY 12, 2023

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Startup Professionals Musings

MAY 22, 2010

It doesn’t prove your business model of pricing, distribution, and support. Register some intellectual property. These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Real customers give you real feedback, rather than just tell you what you want to hear.

Intellectual Property 222

Intellectual Property Sweat Equity Fractional CTO CTO Hire 222

Startup Professionals Musings

JANUARY 20, 2016

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. Keep intellectual property keys in-house. Factor in all the cost elements.

Intellectual Property 120

Intellectual Property Non-disclosure Agreement Software Review Technical Review 120

Startup Professionals Musings

NOVEMBER 4, 2019

I love good causes and social entrepreneurs, but a recent pitch to me about eliminating world hunger with a new product (harvesting algae at low cost) seemed to forget that really hungry people don’t have any money. Build a credible business implementation plan to quantify costs. Even a non-profit needs income to operate.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Startup Professionals Musings

JANUARY 27, 2016

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Copyright intellectual property protection is already given automatically and immediately without the need to register the copyright with a government.

Software Review 120

Software Review Intellectual Property Software Technical Review 120

Steve Blank

MARCH 31, 2014

For example they can reduce component cost, introduce a line extension or create new versions of the existing product. For example, Coke added snack foods, which could be distributed through its existing distribution channels. These innovations do not require change in a company’s existing business model.

Private Equity 330

Private Equity Metrics China Intellectual Property 330

The Next Web

FEBRUARY 23, 2014

Today, with the decentralising nature of the Internet, distributed cloud technology and a growing sentiment toward entrepreneurship, the global startup ecosystem has never been so dispersed. Despite its recent financial crisis, the WIPO cites Cyprus as a country showing great potential in intellectual property and technology output.

North Carolina 168

North Carolina Technical Review Cyprus Raleigh 168

Up and Running

MAY 1, 2014

Intellectual Property : Again, this mostly applies to technology and scientific ventures. But, if you have intellectual property that is proprietary to your business and helps your business defend itself against competitors, you should detail that information here. Distribution. Retail Distribution.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

YoungUpstarts

OCTOBER 15, 2017

As the cloud becomes increasingly common and the data deluge shows no signs of slowing down, the good old firewall is simply no longer sufficient for protecting the highly distributed assets of the enterprise. Breaches involving health information, trade secrets, and intellectual property can be devastating for the affected brand.

Security 140

Security Software Review Technical Review API 140

Startup Professionals Musings

APRIL 3, 2016

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

Startup Professionals Musings

APRIL 1, 2015

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

Steve Blank

NOVEMBER 11, 2013

This post is an update of what we learned about life science distribution channels. Life Science/Health Care distribution channels differ by Category. This weeks topic was distribution channels ; how your product gets from your company to your potential customer segments. Channel Cost = $350-400,000 per sales team.

Distribution 232

Distribution Channel Lean Intellectual Property 232

Startup Professionals Musings

FEBRUARY 15, 2021

It’s very unusual for two competitors to have exactly the same strengths – in development, marketing, distribution, or customer support. Capitalize on shared costs and common distribution. Similar companies, even though competitors, usually face economies of scale and overlapping distribution channels.

Partner 434

Partner Non-disclosure Agreement Intellectual Property Non-Compete 434

Up and Running

MAY 15, 2019

These products will be distributed to remote yet extremely viable areas, where the market is appreciative of readily-available, good-quality brew. With this money, they plan to expand its distribution to selected metro areas within the state of Oregon. Initial plans are to produce three main lines of beer. Martin Cove Brewing Company.

Oregon 24

Oregon Jordan Software Review Distribution 24

Up and Running

OCTOBER 13, 2014

Decision-makers at larger companies often have a “don’t rock the boat mentality” because of fear of making a mistake that could cost the company a lot of money and as a consequence cause them to lose status within the company or even their position.

Intellectual Property 106

Intellectual Property Philadelphia Small Business California 106

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

APRIL 11, 2022

Every business needs revenue to provide investor returns and offset costs. Every entrepreneur needs to know and communicate the total costs associated with their solution or product, including cost of goods sold, customer acquisition costs, capital costs, operational expenses, and partner costs.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

APRIL 26, 2021

Every business, including non-profits, need a viable source of revenue to cover the costs of operation and sustainability. Show a cost margin of at least fifty percent. Projecting a low cost margin, with a commitment to low overhead and hard work, is not convincing. Identify your intellectual property or “secret sauce.”

Intellectual Property 332

Intellectual Property Angel Investor Business Model Channel 332

Up and Running

OCTOBER 1, 2015

Sure, you can get up to speed eventually, perhaps by hiring the right people, or doing the training, but at what cost? In this way, your combined strength will give you a competitive advantage, leading to lower costs of production, minimized risk, and greater profits. The intellectual property ownership.

Intellectual Property 60

Intellectual Property Technical Review Exit Strategy Due Diligence 60

Austin Startup

FEBRUARY 7, 2019

Knowbella Tech is an open science collaboration company that uses blockchain to deliver free tools, services, grants, and intellectual properties (IP) to researchers, particularly the underserved in Africa, Asia and Latin America. On the positive, the cost of living is amongst the lowest in the nation.

Intellectual Property 48

Intellectual Property Technical Review Malta Startup 48

Up and Running

NOVEMBER 12, 2018

With the total cost of each box in hand, calculate a price with at least a 40 percent profit margin, as suggested by CrateJoy. For example, the men’s hair product box might cost $39.95 per month, but if you commit to subscribing for a year, its monthly cost will drop to $36.95. Sourcing, fulfillment, and distribution.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

SEPTEMBER 19, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Distribution. Some companies, such as TransCanna , are pioneering transportation and distribution methods from cannabis manufacturers to consumers. Personnel plan : Costs of employees. Be specific.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Startup Professionals Musings

MARCH 14, 2020

Potential return on investment cannot be calculated without a clear understanding and evidence of actual costs, revenue flows, and margins. Marketing programs and distribution channels are required for even the best solutions, with an appropriate and viable rollout and growth strategy. Lack of intellectual property.

Due Diligence 308

Due Diligence Intellectual Property Preferred Stock Startup 308

Startup Professionals Musings

OCTOBER 12, 2010

That’s because a company’s value is a composite of all of the quantitative and qualitative factors that comprise a company: revenues, expenses, risks, growth prospects, quality of the management team, competitive advantages, strength of the intellectual property, and so forth. Detail isn’t important; tracking your progress is.

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

ConversionXL

DECEMBER 7, 2017

The CEO cut costs. 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. It’s one of the biggest hidden costs for any business. That’s a rapid turnaround. Many factors contributed to it.

Bankruptcy 106

Bankruptcy Marketing Campaign Intellectual Property 106

Steve Blank

MARCH 11, 2010

This includes how the product gets distributed to your customers and how money flows back into your company. And it shows your company’s cost structures, how each department interacts with the others and where your company can work with other companies or partners to implement your business. Regulation and Intellectual Property.

Intellectual Property 264

Intellectual Property Business Model Customer Development Distribution 264

Startup Professionals Musings

AUGUST 1, 2014

It’s very unusual for two competitors to have exactly the same strengths – in development, marketing, distribution, or customer support. Capitalize on shared costs and common distribution. Similar companies, even though competitors, usually face economies of scale and overlapping distribution channels.

Non-disclosure Agreement 257

Non-disclosure Agreement Intellectual Property Startup Non-Compete 257

Startup Professionals Musings

MARCH 25, 2012

Even in an open space, you need intellectual property, like patents, to keep potential competitors from overrunning you. The selection of an inappropriate pricing, marketing, or distribution strategy is a large potential risk. Think seriously about the number and clout of your competitors. Financial risk. Technology risk.

Intellectual Property 271

Intellectual Property Entrepreneur Mexico China 271

Startup Professionals Musings

JULY 13, 2019

Every business needs revenue to provide investor returns and offset costs. Every entrepreneur needs to know and communicate the total costs associated with their solution or product, including cost of goods sold, customer acquisition costs, capital costs, operational expenses, and partner costs.

Intellectual Property 250

Intellectual Property Business Model Angel Investor Channel 250