Startup Professionals Musings

JANUARY 12, 2018

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. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff.

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Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

AUGUST 25, 2017

In case you haven’t noticed it, the rapid evolution of do-it-yourself (DIY) facilities for developers, including 3-D printers, SketchUp and makerspaces such as TechShop , have scaled down the cost of prototypes and hardware design by an order of magnitude. Quick low-cost design and fabrication alternatives are extremely valuable.

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Technical Cofounder Intellectual Property Wiki Cofounder 153

Startup Professionals Musings

MARCH 4, 2016

As a result, repeating any of the following 10 mistakes outlined here won’t get you any credit for intelligence and learning and will cost you dearly in your funding credibility and real cash. Dismiss the need to register any intellectual property. Assume you already know what your customers need and want.

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Intellectual Property Startup Forecast Angel Investor 120

Up and Running

JULY 5, 2021

And hiring an intellectual property attorney may seem like a budget dealbreaker. Working with an attorney is an added cost that many entrepreneurs are hesitant to spend, especially before their venture is turning a profit. Ultimately, the upfront cost of a trademark lawyer should be considered an investment into your business.

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Startup Professionals Musings

MAY 4, 2016

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Building a minimum viable product, with customer validation. 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.

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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.

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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.

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Startup Professionals Musings

OCTOBER 19, 2015

Outside investors are most interested in scaling a proven business model, not research and development. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development. Fabulous solutions require great technology.

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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.

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Up and Running

JULY 2, 2014

So far it sounded like a fair deal, considering we didn’t yet have a product developed – only a pitch deck, a business plan, a fleshed-out idea, and some user interface (UI) designs of what we thought our online product would look like. Do they (or does their firm) have experience with intellectual property and patents?

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Technical Review Angel Investor Due Diligence Dilution 118

Austin Startup

FEBRUARY 7, 2019

A finalist in the Blockchain category , which will pitch on at 9:30 am Sunday, March 10, Knowbella has a mission to create a publicly available scientific ecosystem whereby all the research data and publication development are open and transparent. On the positive, the cost of living is amongst the lowest in the nation.

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Intellectual Property Technical Review Malta Startup 48

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.

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Up and Running

DECEMBER 22, 2015

This is a very important concept: Scalable means a business can ramp up, increase its volume enormously, without increasing its fixed costs proportionately. Product businesses usually can. See Also: Intellectual Property: How Do You Protect Your Creations? Lesson 5: Rapid growth costs money.

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Angel Investor IRR Software Review Startup 60

YoungUpstarts

APRIL 1, 2013

While it’s true that communities of like-minded people exist both in the real world and online, it’s a rare innovator who’ll be willing to divulge the details of his work, especially in an age when more people than ever play fast and loose with intellectual property.

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Startup Lessons Learned

SEPTEMBER 8, 2009

That is just currently a full personal money sucking process, as you're taxed on income and have no business breaks yet, besides supplies, the majority of costs to start up a business have no tax advantages to creating a start up. Thirdly, revamp how intellectual property rights are applied to software and code.

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murkygrey.com

OCTOBER 23, 2010

Failing to protect Intellectual Property Coders handle one of your company’s most valuable assets: the code. Placing marketing functions away from the target market This mistake is common among foreign companies that start out with a development center in a low-cost locale and develop a product for the US market.

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YoungUpstarts

MAY 21, 2016

Although this measure provides the encouragement and moral support a new businessperson needs, it often does not provide sufficient money to cover the expensive tasks of product development, set-up of operations and initial payrolls. Protecting Your Intellectual Property.

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Up and Running

MARCH 1, 2016

Patent and Trademark Office (USPTO) is a great resource to help you learn more about intellectual property. Providing your product is made from similar materials, and doesn’t include extra bells and whistles, you can price your product somewhere between the lowest and the highest price of competitor products.

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Steve Blank

JUNE 8, 2009

Customer Development by Vertical - Click to Enlarge (As a reminder, the Customer Development process says your business plan is just a series of untested hypothesis (unless you’re a domain expert.) You take your product vision and get out of your building to turn your hypothesis into facts. would look in each of the verticals.

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infochachkie.com

SEPTEMBER 24, 2011

For instance, many a BDC CEO has initiated a consultant to study cost cutting issues before announcing a significant layoff. Unlike employee training costs, which can typically be spread over years of service, the relative return from training a consultant is modest and pricey. They know everything – just ask them. startupcto

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crowdSPRING Blog

AUGUST 14, 2011

Establishing a strong brand position is an internal exercise that starts at product development and continues through rollout. Companies can easily fall ion the trap of working to build awareness of their product or brand without first positioning carefully. Establish your brand position first, build awareness second.

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Small Business Intellectual Property Differentiation Startup 96

Up and Running

JUNE 12, 2014

The life cycle of a product is associated with marketing and management decisions within businesses, and all products go through five primary stages: development, introduction, growth, maturity, and decline. Development. The product development stage is often referred to as “the valley of death.”

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Business Plan Blog

DECEMBER 10, 2013

You may have self-financed the initial startup costs and/or raised FFF capital without a business plan , but in order to attract seed investment from Angel investors you will need a comprehensive plan complete with extensive market research and a detailed financial model. Product Development. Intellectual Property.

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Business Plan Blog

NOVEMBER 22, 2013

A fair amount of your FFF funding will likely go towards product development. Depending on the complexity of your product you may or may not be able to complete a working prototype or beta version with your FFF capital. If not, at the bare minimum you will need an interactable wireframe mockup that demonstrates the product.

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Intellectual Property Advisory Board Startup Seed Capital 55

Austin Startup

NOVEMBER 30, 2017

In the earliest stages, these skills relate to what any good founding team should bring to the table — an acumen for business strategy and product development coupled with great engineering. The other restriction that startups should reckon with is the growing cost of talent. The talent, however, cuts the mustard.

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Software By Rob

AUGUST 18, 2010

A 354 percent increase in abuse-related issues like spamming, followed by a 245 percent increase in legal costs dealing people trying to game the system.&# But a more important question to which I don’t have a good answer is whether the Free/Premium strategy leads to better or worse product development. 7 Ed on 08.18.10

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Software Review Software Revenue Cofounder 78

www.vccafe.com

MARCH 11, 2013

tells you how much adwords cost. Great for visualizing work of product development. hire low-cost international engineering talent. Intellectual Property Law For Startups Blog. s most comprehensive collection of business and intellectual property information. SEMRush â?? Clickable â??

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Software Review Technical Review Israel Startup 53

steveblank.com

JULY 8, 2011

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.

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Software Review Startup Silicon Valley Analytics 110