Startup Professionals Musings

JANUARY 30, 2022

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. There are other chasms out there just as deadly as the technology one, such as the ones below: Market requirements chasm. Marketing costs can be a deep hole.

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Technical Review Startup Dilution Early Stage 375

The Startup Magazine

JANUARY 21, 2025

The rise of electric and hybrid vehicles addresses these issues, reducing operating costs and appealing to those who value sustainability. Entrepreneurs entering this field should consider adopting environmentally friendly technologies to stay competitive.

Technical Review 143

Technical Review Government Operations Demand 143

TechEmpower

MARCH 4, 2024

Focusing on generative AI applications in a select few corporate functions can contribute to a significant portion of the technology's overall impact. This technological integration into software engineering not only enhances the productivity of development teams but also ensures that IT infrastructures are robust and reliable.

Generative AI 297

Generative AI CTO Hire Fractional CTO Software Review 297

Startup Professionals Musings

MAY 24, 2020

Even big companies I know find it hard to keep their in-house programmers up to speed on the latest technologies, including mobile devices, the latest Web technologies, and multi-tenant applications in the Cloud. Thus you don’t need to invent an innovative product or technology to be a real entrepreneur. Staffing Professional.

Startup 410

Startup Angel Investor Social Media LLC 410

Startup Professionals Musings

APRIL 14, 2021

As a logical and data-driven business advisor, I have long focused on facts, technology, and quantifiable pain in guiding entrepreneurs. They depend on their favorite social channels and peers on social media to make emotional decisions for them, rather than rely on any kind of “cost-benefit” analysis.

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Customer Social Media Dividend Technical Review 432

The Startup Magazine

DECEMBER 22, 2024

Whether its a missed order update, slow response times, or errors in manual processes, the cost of these inefficiencies can be significant. The good news is that technology, specifically ERP solutions , offers tools to eliminate unnecessary delays and keep your customers happy. Moreover, delays increase operational costs.

Artificial Inteligence 143

Artificial Inteligence Customer Technical Review Operations 143

The Startup Magazine

AUGUST 12, 2024

Following the AI boom in 2023, the spotlight has been even more on this technology, ensuring that this would be the year when companies went all-in on AI. Part of the reason this value is taking longer than expected to emerge is due to operating costs. The findings are based on a survey of 300 data management professionals from U.S.

Technical Review 167

Technical Review Cost Artificial Inteligence Analytics 167

Startup Professionals Musings

SEPTEMBER 13, 2022

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. Join a startup incubator.

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

The Startup Magazine

NOVEMBER 24, 2024

Check Technology Expertise A VCFO must be proficient with technology to provide efficient and accurate financial management. Financial Implications Cost is always an aspect to consider when hiring a VCFO, which will help in budgeting. The value a VCFO brings outweighs their cost, positioning your business for sustained success.

Technical Review 158

Technical Review Forecast Hiring Cost 158

The Startup Magazine

NOVEMBER 20, 2024

From cutting-edge monitoring technologies to accessible reporting platforms, startups are stepping up to safeguard the well-being of nursing home residents and redefine the future of elder care. The importance of such technologies is underscored by recent reports highlighting the prevalence of abuse in nursing homes.

Technical Review 158

Technical Review Startup Software Review Algorithm 158

Startup Professionals Musings

JANUARY 8, 2023

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. Leading edge technology software and manufacturing require constant course corrections and iterative restarts.

Software Review 285

Software Review Technical Review Due Diligence Intellectual Property 285

Startup Professionals Musings

MAY 26, 2023

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. The cost of any new product these days must include education and rollout marketing, perhaps equal or greater than the development costs.

Product 354

Product Technical Review Artificial Inteligence Dividend 354

Both Sides of the Table

DECEMBER 11, 2022

We had nascent revenues, ridiculous cost structures and unrealistic valuations. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money. Until we weren’t. Nobody cared about our valuations any more.

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Valuation San Francisco Ratchet Liquidation Preference 466

The Startup Magazine

FEBRUARY 7, 2025

Acting as the bridge between shippers and carriers, freight brokers ensure that goods are moved efficiently and cost-effectively. Utilizing Technology to Optimize Operations Technology is pivotal in streamlining freight brokerage operations in today’s digital age.

Developer 127

Developer Technical Review Software Review Reputation 127

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

Startup Professionals Musings

SEPTEMBER 25, 2021

Of course it helps to have innovative technologies before you start building a business. If you have been working alone, perfecting your idea, with no new business track record, your best strategy is to license the technology to a company or team with real business startup experience. Commercialization requires infrastructure.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

The Startup Magazine

FEBRUARY 19, 2025

From the next generation of AI solutions, and revolutionary software engineering solutions to cost-saving consumer solutions, heres a list of 10 breakout innovation trends and companies to watch out for in 2025. However, trends in accounting technologies keep changing from time to time.

Artificial Inteligence 95

Artificial Inteligence Engineer Software Software Engineering 95

Startup Professionals Musings

MARCH 14, 2022

Here are a few specifics on how to be part of the solution, without the costs, rather than part of the problem: Put a personal face and address on your site; don’t hide behind an “info” email address. Market your solution and user benefits, not the mysterious technology behind it.

Technical Review 342

Technical Review Customer Social Network Software Review 342

The Startup Magazine

JANUARY 5, 2025

Leverage Technology for Growth Technology is a powerful tool for driving efficiency and innovation. Technology is also going to enable you to have better communication and collaboration. Be sure to identify areas where you can cut costs without compromising quality too much.

Software Review 147

Software Review Technical Review Retention Campaign 147

Startup Professionals Musings

JUNE 24, 2020

For example, if your idea is so new and different that it implies real social or technological change is necessary before widespread acceptance, investors will define your market as nascent or unproven, and be very reluctant to fund you, no matter how convincing your projections may be.

Artificial Inteligence 436

Artificial Inteligence Marketing Valuation Startup 436

Startup Professionals Musings

JULY 25, 2021

Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market. Pick a technology that somehow seems inferior to the major incumbents. So why would any investor ever believe any of these claims?

Non-Compete 394

Non-Compete Technical Review Forecast Social Media 394

Startup Professionals Musings

AUGUST 9, 2020

You need to find the skills or experience you don’t have in business, technology, or money. 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. Giving a co-founder a salary won’t get you the “fire in the belly” you want.

Cofounder 435

Cofounder Technical Cofounder Equity Intellectual Property 435

Startup Professionals Musings

JANUARY 22, 2023

Even here, Elon Musk faced this issue with Tesla, needing a support ecosystem as well as new technology. The distributed model draws on a diverse pool, helps manage costs, and captures regional insights and focus necessary to win local customers. Build for sustainability and resilience, as well as growth.

Global 345

Global Silicon Valley Marketing Indonesia 345

Startup Professionals Musings

FEBRUARY 14, 2022

Neither breakthrough technology nor maximum features will assure that “if we build it, they will come.” In fact, NISI recommends starting with the minimum focused set of features and technology that will drive a customer purchase. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

Startup Professionals Musings

AUGUST 19, 2022

Employees are still too often thought of as a commodity, to be acquired “just in time” for the lowest cost, and managed as a disposable asset. With the latest advances in software technology, it’s no longer cost-prohibitive for business entrepreneurs, who can’t yet afford a human resources department, to take advantage of analytics tools.

Analytics 303

Analytics Hiring Open Source Employee 303

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.” Be sure to include this in your “elevator pitch,” which you must always deliver as a prelude to your technology features. Use non-fuzzy terms to quantify customer value.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

FEBRUARY 20, 2023

Even big companies I know find it hard to keep their in-house programmers up to speed on the latest technologies, including mobile devices, the latest Web technologies, and multi-tenant applications in the Cloud. Thus you don’t need to invent an innovative product or technology to be a real entrepreneur. Staffing Professional.

Angel Investor 267

Angel Investor Social Media LLC Viral 267

Startup Professionals Musings

JUNE 12, 2022

Existing technologies have been “commoditized” globally. New emerging manufacturing technologies (e.g., New goldmine of innovations and technology. The cost of entrepreneur entry is at an all-time low. Most of their new claims to innovation are acquired through mergers and acquisitions from the entrepreneurial pipeline.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Startup Professionals Musings

JANUARY 24, 2021

A hard look will be taken at the technology maturity, the current development progress, and customer satisfaction with early product shipments. Sales and distribution channel activity will be analyzed, as well as cost of customer acquisition, to make an independent assessment of your financial projections. Status of the solution.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

Startup Professionals Musings

AUGUST 13, 2022

On the other hand, if you are into solar technologies, there is probably an advantage to being in Arizona or a similar location. When it comes to the technology ecosystem, clusters are vital. It’s very important. Raising capital is a necessary step, and survival time without it grows short, or interminably long.

Las Vegas 309

Las Vegas Silicon Valley Arizona Montana 309

Startup Professionals Musings

OCTOBER 25, 2021

Additionally, research has revealed that the average age of the founders of technology companies in the United States is a surprisingly high 39 - with twice as many over age 50 as under age 25. One new incentive is the falling transaction costs and barriers to entry for entrepreneurs of every age.

Technical Review 315

Technical Review Founder United States Technical Support 315

Startup Professionals Musings

OCTOBER 26, 2022

Business agility is defined as the ability to adapt rapidly and cost efficiently. Moving forward, you should expect the market volatility to increase, driven not only by customers, but by new technology, changing government regulations, and a surge in new competitors.

Agile 379

Agile Technical Review Leadership Social Media 379

Startup Professionals Musings

AUGUST 17, 2020

New smartphone apps cost only a few thousand, if you have the programming skills. For example, the Segway personal vehicle was proven technology 15 years ago, but is still constrained by right-of-way laws, liability issues, and charging stations. Choose projects with financial resources within your reach.

Technical Review 434

Technical Review Due Diligence Intellectual Property Internet 434

Startup Professionals Musings

FEBRUARY 6, 2021

Words alone, like “improved efficiency”, “paradigm shift,” and “breakthrough technology” won’t convince people to follow you. For example, early adopters may be easily sold, but new technology product success really hinges on adoption by certain demographics, perhaps more influenced by celebrities or mommy bloggers.

Metrics 387

Metrics Technical Review Leadership Framework 387

Startup Professionals Musings

OCTOBER 27, 2021

Too many entrepreneurs I know start by highlighting their new technology , and assume that it will sell itself. Unfortunately, technology doesn’t create a vision, and usually frightens customers away, unless they understand the vision and value first. Every balanced leader does marketing early.

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Technical Review Metrics Leadership Technology 332

Startup Professionals Musings

NOVEMBER 23, 2020

This is a trap of the past to be avoided at all costs. On the other end of the spectrum, technology startups also really need this mentality, since the rate of change there is rapid, and competition is so intense. The best leaders selectively forget the past, and are constantly on the lookout for the future’s raw material of new ideas.

Framework 402

Framework Engineer Leadership Revenue 402

Startup Professionals Musings

NOVEMBER 7, 2021

But people are still begging for more technology or laws, often to protect them from themselves. Most of these are easy to avoid if you do your homework up front, but can cost you dearly if you get sucked in. If you feel confused by conflicting time zones, differing currencies, and up-front costs, it’s time to run the other way.

Technical Review 371

Technical Review Due Diligence Non-disclosure Agreement Term Sheet 371