Startup Professionals Musings

SEPTEMBER 16, 2023

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 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

YoungUpstarts

SEPTEMBER 12, 2019

It is important to take steps to protect your intellectual property. A simple way to protect your intellectual property is the hold off on filing a patent. Once a patent is filed, others can create similar products using workarounds without violating any intellectual property rights. Avoid Joint Ownership.

Intellectual Property 124

Intellectual Property Non-disclosure Agreement IP Open Source 124

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

The Startup Magazine

AUGUST 2, 2024

Many firms are drawn to the region for its combination of technical expertise and cost-effectiveness. Economic Factors and Competitive Edge One of the main economic catalysts for outsourcing to Eastern Europe is the cost-effective nature of the region’s services. This offers substantial cost savings and value for money.

Europe 155

Europe Software Development Software Developers Technical Review 155

Startup Professionals Musings

APRIL 4, 2022

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

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

Startup Professionals Musings

NOVEMBER 28, 2020

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 404

Intellectual Property Startup Angel Groups Social Media 404

YoungUpstarts

NOVEMBER 3, 2020

Violating intellectual property rights. But even if you are not working in a creative field, intellectual property rights are something that should concern you. Even if you are not found liable, a legal case can bear considerable costs, both in terms of time and money. How to minimise risk.

Intellectual Property 165

Intellectual Property Software Review Cofounder Architecture 165

Startup Professionals Musings

JANUARY 4, 2017

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. Some of the other items may cost a lot less, and may be worth far more in the long run.

Intellectual Property 174

Intellectual Property Non-disclosure Agreement IP United States 174

NZ Entrepreneur

NOVEMBER 14, 2019

It is vital to know early on what IP protection a startup can have, what the benefits will be, and what the costs will be to secure such protection over time. However, the costs of keeping such secrets, or the cost of losing the secrets to your competitor, can also be high. Sometimes IP is the only asset a startup has.

Intellectual Property 45

Intellectual Property IP Software Review New Zealand 45

Startup Professionals Musings

MAY 1, 2023

Your idea is not intellectual property yet, so it has no inherent value. Investors may not be called cofounders, but they always get equity, commensurate with their share of the total costs anticipated, or share of the current valuation. Key to required patents or trade secrets. Level of responsibility and time allocated.

Technical Cofounder 247

Technical Cofounder Equity Distribution Cofounder 247

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

The Startup Magazine

AUGUST 30, 2024

Legal and regulatory requirements may encompass intellectual property rights, competition laws, and environmental regulations. Utilizing digital tools for communication, project management, and market analysis can streamline operations and reduce costs.

Technical Review 117

Technical Review Intellectual Property Due Diligence Global 117

Startup Professionals Musings

SEPTEMBER 14, 2013

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. Some of the other items may cost a lot less, and may be worth far more in the long run.

Intellectual Property 259

Intellectual Property Non-disclosure Agreement IP Startup 259

Startup Professionals Musings

AUGUST 9, 2020

Your idea is not intellectual property yet, so it has no inherent value. Investors may not be called co-founders, but they always get equity, commensurate with their share of the total costs anticipated, or share of the current valuation. Key to required patents or trade secrets. Level of responsibility and time allocated.

Cofounder 435

Cofounder Technical Cofounder Equity Intellectual Property 435

Startup Professionals Musings

DECEMBER 6, 2019

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Commit to a major customer.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

MAY 13, 2023

Check for intellectual property barriers in your way. New smartphone apps cost only a few thousand, if you have the programming skills. If you find more than a dozen solutions that loosely match your idea, it may be time to skip that one and try another. Choose projects with financial resources within your reach.

Technical Review 267

Technical Review Due Diligence Intellectual Property Internet 267

Startup Professionals Musings

SEPTEMBER 25, 2021

Investors expect proof that your invention can be manufactured in volume, and can justify a sales price at least double the cost, to a large customer set that has money to spend. A long-term advantage usually also requires intellectual property, such as a patent, trade secret, or trademark. Take a hard look at the alternatives.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Startup Professionals Musings

OCTOBER 15, 2022

Registered patents and other intellectual property. Being the first mover or lowest cost is not a good long-term strategy. They seek to establish win-win relationships with all partners, including investors, and treat them all as trusted advisors, rather than win-loss opportunities.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

Startup Professionals Musings

AUGUST 8, 2014

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 238

Intellectual Property Non-disclosure Agreement Software Review Offshore 238

The Startup Magazine

AUGUST 21, 2023

And in certain situations, the low-cost approach makes perfect sense… A template NDA may fit the bill for early discussions with third parties, while a fairly generic employment contract may mean that enough is being done to ensure legal compliance. Failing to do so could mean that you can’t obtain a patent in the future.

Technical Review 110

Technical Review Intellectual Property Due Diligence Early Stage 110

NZ Entrepreneur

AUGUST 12, 2020

This article is the third of a three-part series by Baldwins Intellectual Property that focuses on the importance of intellectual property for startup companies. What is intellectual property? Intellectual property is about creations of the mind.

Intellectual Property 96

Intellectual Property New Zealand Startup Early Stage 96

Startup Professionals Musings

AUGUST 17, 2020

Check for intellectual property barriers in your way. New smartphone apps cost only a few thousand, if you have the programming skills. If you find more than a dozen solutions that loosely match your idea, it may be time to skip that one and try another. Choose projects with financial resources within your reach.

Technical Review 434

Technical Review Due Diligence Intellectual Property Internet 434

Startup Professionals Musings

OCTOBER 24, 2021

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. Some of the other items may cost a lot less, and may be worth far more in the long run.

Intellectual Property 363

Intellectual Property Portfolio Valuation Non-disclosure Agreement 363

YoungUpstarts

NOVEMBER 30, 2017

When you hire others to work for you, employment contracts are vital to outlining what is expected of employees, the terms of their employment, company policies, ownership of intellectual property, and certain financial agreements. One of the key areas in which you need to focus is on employment contracts.

Cost 113

Cost Intellectual Property Software Review Non-Compete 113

Startup Professionals Musings

AUGUST 26, 2022

You need intellectual property , such as a patent, trade secret, or process expertise that will be a barrier that you can defend. Many of the business plans I see are built around a dream, with idealistic costs, margins, and customer demand. Calibrate your ability to rise above competitors and copycats.

Founder 262

Founder Intellectual Property Social Media Business Plan 262

Startup Professionals Musings

MAY 3, 2011

A large portion of your competitive advantage and your potential value to investors is the size of your intellectual property portfolio. When someone says Intellectual Property (IP), most entrepreneurs think only of patents. Some of the other items may cost a lot less, and may be worth far more in the long run.

Intellectual Property 237

Intellectual Property Social Media Non-disclosure Agreement Media 237

Steve Blank

JUNE 26, 2014

Finally we move to the left side of the canvas to teach the supporting elements of Resources, Partners, Activities and Costs. Hypotheses about Intellectual Property, Reimbursement, Regulation and Clinical Trials found on the left side of canvas are as, or more important than those on the right side of the canvas.

Intellectual Property 290

Intellectual Property Lean IP Open Source 290

Startup Professionals Musings

JANUARY 13, 2020

Registered patents and other intellectual property. Being the first mover or lowest cost is not a good long-term strategy. They seek to establish win-win relationships with all partners, including investors, and treat them all as trusted advisors, rather than win-loss opportunities.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

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

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. Intellectual property is the principal asset of must every technology company. The post Is there gold in your old intellectual property?

Intellectual Property 62

Intellectual Property IP Internet Technology 62

YoungUpstarts

MARCH 7, 2016

Understanding the four main types of intellectual property is a preliminary step to intellectual property acumen as patents, trademarks, trade secrets and copyrights each have their own legal protections. Does my company own its intellectual property? What should my IP strategy be?

Intellectual Property 100

Intellectual Property NDA IP Early Stage 100

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

Startup Professionals Musings

JUNE 30, 2019

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Join a startup incubator.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Steve Blank

SEPTEMBER 16, 2014

Or if you’re building consumer electronics the key activities might be: low cost hardware design, high volume manufacturing, user interface design, consumer branding and retail distribution. So What Does this Have to Do With A Founding Team?

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

Up and Running

JULY 28, 2022

Secure your intellectual property. Intellectual property (IP) is anything created by the human intellect that’s protected by the law from unauthorized use by other people. It pays for medical care, funeral costs, death benefits, and income compensation during recovery.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

Startup Professionals Musings

JUNE 26, 2020

For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” If possible, quantify these in non-technical business terms, such as dollars saved or replacement costs over time. Use non-fuzzy terms to quantify customer value. Description of the business entity you plan to form.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423