Startup Professionals Musings

MAY 27, 2016

Who would have forecast that entrepreneur Gary Ross Dahl would make millions by starting a “ pet rock ” business way back in 1975? Investors like to see new intellectual property as a barrier to entry. Giving the wrong people money doesn’t help at the idea level. Plan includes a business model with good margins.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

Up and Running

AUGUST 24, 2020

Cutting costs , revisiting forecasts , and stabilizing your business. In 2020, data breaches are among the greatest cybersecurity concerns, with health records, corporate intellectual property, smart cars, and connected devices being the most vulnerable targets. Revisit your business plan , forecasts, and company goals.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Gust

NOVEMBER 2, 2011

Furthermore, Dave reminds us that “it was created specifically for the earliest stage investments as a way to find a starting point without relying upon the founder’s financial forecasts.”. For example, some investors would not fund a company without at least a minimum of customer feedback or intellectual property.

Valuation 79

Valuation Pre-Money Valuation Intellectual Property Southern California 79

Up and Running

AUGUST 20, 2018

While there are common components that are found in almost every business plan, such as sales forecasts and marketing strategy, business plan formats can be very different depending on the audience and the type of business. A typical financial plan includes: Sales forecast. Keep your sales forecast and expense budget current.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Up and Running

MAY 12, 2020

With fill in the blank templates, powerful financial forecasting tools, and lender approved pitch designs you’ll go from template to a full business plan in no time. . Protect any intellectual property you may own by applying for copyrights, trademarks, or patents. Obtain the appropriate licenses and permits.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

The Startup Magazine

JANUARY 20, 2025

These claims can range from disputes over contracts and intellectual property to claims made by employees or customers. Additionally, understanding your businesss value within the context of market trends and industry forecasts is essential for getting the best price.

Intellectual Property 142

Intellectual Property Forecast Valuation Framework 142

Up and Running

SEPTEMBER 19, 2018

Set time aside to sit down and revise the plan , comparing forecasts to actuals and revising as necessary. . Intellectual property : List any patents you have or have pending, and mention any core technology you are licensing from another company. You can include expanded versions of your sales forecasts and other financials.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

VC Cafe

NOVEMBER 3, 2010

ISRAEL’S STATISTICS BUREAU FORECASTS 4% GROWTH IN 2010. The Israeli Central Bureau of Statistics (CBS) forecasts 4% growth for 2010 based on data it accumulated over the first nine months of the year. growth forecast for 2010 exports. For previous editions, click here. The growth figure is largely based on a new 9.1%

Israel 79

Israel Bandwidth Framework Forecast 79

Startup Professionals Musings

JUNE 3, 2020

Key parameters always include opportunity size and forecast. Some element of “secret sauce” or intellectual property. Unless you have a proven track record, investors still look for a written business plan, even if only a few pages.

Entrepreneur 315

Entrepreneur Intellectual Property Forecast Differentiation 315

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. His website is [link].

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

NZ Entrepreneur

JULY 11, 2019

Check your business name doesn’t conflict with that of another business, by looking up the free online registers provided by the Intellectual Property Office of New Zealand and the NZ Companies Register. What’s the financial forecast? The more detailed and objective your financial forecast, the clearer your feasibility picture.

Intellectual Property 62

Intellectual Property New Zealand Forecast Naming 62

YoungUpstarts

NOVEMBER 18, 2018

Master the Art of Trend Forecasting (or Onboard Someone to Do it For You). Staying ahead of market trends in your industry, and forecasting what will be in demand in the coming five to ten years is a non-negotiable skill. A patent provides a means to protect your intellectual property.

Intellectual Property 157

Intellectual Property Forecast LLC Acquisition 157

Steve Blank

JULY 28, 2011

From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc. They may decide to license their intellectual property based on their research.

Engineer 287

Engineer Silicon Valley United States Intellectual Property 287

Up and Running

MAY 15, 2019

This would be the architect, business lawyer, intellectual property attorney, banker, insurance broker, real estate agent, label maker, hop grower, malt supplier, tank fabricator, and accountant.”. Putting together a sales forecast and a cash flow forecast that you monitor at least monthly can be really helpful.

Oregon 24

Oregon Jordan Software Review Distribution 24

Startup Professionals Musings

MAY 13, 2011

Do describe your intellectual property and “secret sauce”. Financial forecast and metrics. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Skip the technical jargon and hyperbole. Focus is the keyword here.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

NOVEMBER 2, 2018

As an investor myself, I look for a balanced story focused on the major elements that drive profitability, including the following: A 5-year financial forecast achieving a positive cash flow early. The best advantage includes intellectual property to provide a barrier to entry or incent acquisition.

Intellectual Property 48

Intellectual Property Initial Public Offering Merger Acquisition 48

Startup Professionals Musings

AUGUST 13, 2012

Do describe your intellectual property and “secret sauce”. Financial forecast and metrics. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Skip the technical jargon and hyperbole. Focus is the keyword here.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Up and Running

NOVEMBER 12, 2018

Intellectual property. Trademarking your business name, logo, and so on are the main intellectual property issues for a subscription box. A generic template for a mission statement is: “The mission is to provide X (services) by doing Y (methods) for Z (target market).”. Keep it as short and meaningful as you can.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Startup Professionals Musings

NOVEMBER 26, 2012

Assign real value to intellectual property. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. New businesses normally have fewer assets, but it pays to look hard and count everything you have. This one doesn’t help NewCo just yet.

Valuation 270

Valuation Pre-Money Valuation NPV Intellectual Property 270

Up and Running

AUGUST 28, 2018

Revisit and update it regularly by comparing your forecasts to your actuals and adjusting as necessary. Intellectual property : List any patents you have or have pending, and mention any core technology you are licensing from another company. Use it as a tool, especially around your financials.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

SEPTEMBER 30, 2011

Assign real value to intellectual property. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. New businesses normally have fewer assets, but it pays to look hard and count everything you have. This one doesn’t help NewCo just yet.

Pre-Money Valuation 246

Pre-Money Valuation Valuation NPV Intellectual Property 246

Up and Running

OCTOBER 3, 2018

Set a specific time each month to review it , comparing forecasts to actuals and revising as necessary. Intellectual property : List any patents you have or have pending, and mention any core technology you are licensing from another company. You can include expanded versions of your sales forecasts and other financials.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Startup Professionals Musings

SEPTEMBER 6, 2010

Assign real value to intellectual property. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. New businesses normally have fewer assets, but it pays to look hard and count everything you have. This one doesn’t help NewCo just yet.

Valuation 234

Valuation Pre-Money Valuation NPV Startup 234

Both Sides of the Table

AUGUST 26, 2019

Andrew and Petri had left game developer Rovio (of Angry Birds fame) and were creating a new games company called Seriously that would combine compelling intellectual property (characters), great narratives, and fun game play in a mobile-first application. Ok, I did occasionally pepper him with questions about Seriously.

Intellectual Property 33

Intellectual Property Finland Mobile Forecast 33

The Startup Magazine

MARCH 29, 2024

This involves careful budgeting, financial forecasting, and cash flow management. It’s crucial to protect your intellectual property as well, including trademarks, patents, and copyrights. Keep your messaging consistent and focused on the value you provide. Securing funding can also be a critical step for your venture.

Intellectual Property 158

Intellectual Property Angel Investor Business Model Bootstrapping 158

Duct Tape Marketing

JUNE 20, 2023

And frankly, we we're, we're far enough down the learning curve here that I know we're putting sort of a lot of intellectual property out in the world through publishing this book and, you know, anybody that can have it and therefore, you know, do you, do you need to call us or not? And we wanna see the world do better.

Technical Review 86

Technical Review Silicon Valley Generative AI Arizona 86

Startup Professionals Musings

APRIL 22, 2010

Do describe your intellectual property and “secret sauce”. Financial forecast and metrics. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Skip the technical jargon and hyperbole. Focus is the keyword here.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Gust

AUGUST 5, 2012

Do describe your intellectual property and “secret sauce”. Financial forecast and metrics. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Skip the technical jargon and hyperbole. Focus is the keyword here.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Gust

NOVEMBER 18, 2012

Assign real value to intellectual property. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. New businesses normally have fewer assets, but it pays to look hard and count everything you have. This one doesn’t help NewCo just yet.

Valuation 187

Valuation Pre-Money Valuation NPV Intellectual Property 187

Growthink Blog

OCTOBER 8, 2012

As any venture capitalist worth his salt will tell you, there is a chasm of difference between the mostly grounded-in-reality financial forecasts offered by public companies, and the almost never to come true "rosy scenario" projections offered as a matter of course by startups and small businesses.

Forecast 105

Forecast Intellectual Property Venture Capital .Net 105

Tim Keane

JANUARY 12, 2010

  In a bottom up approach, the forecast is built from actual user projections.   In a bottom up approach, the forecast is built from actual user projections. .   And if they are built from the top down, they’re pretty much useless. [3] This is why a bottom up approach is more credible.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Startup Professionals Musings

AUGUST 7, 2015

How you intend to beat specific competitors (business model, intellectual property) is a key investor decision criteria. This allows them to calculate burn rates, break-even points and forecast the company valuation over time. Competitor positioning and sustainable competitive advantage.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

Startup Professionals Musings

AUGUST 8, 2016

The best differentiation is a patent or other intellectual property that also provides a barrier to entry. Generate a 5-year financial forecast from opportunity data. Remember you can’t sustain a business or social cause with no revenue or profit. Be able to differentiate your offering from competitors.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Growthink Blog

DECEMBER 5, 2011

As any venture capitalist worth his salt will tell you, there is a chasm of difference between the mostly grounded-in-reality financial forecasts offered by public companies, and the almost never do come true "rosy scenario" projections offered as a matter of course by emerging technology companies.

Forecast 79

Forecast Intellectual Property Venture Capital .Net 79

Up and Running

NOVEMBER 5, 2018

So, a seasoned entrepreneur would round that up and add more, because forecasts are never exactly right. For example, they’d like to record research and development as assets instead of expenses, because those expenses create intellectual property. Even though it looks exact in the spreadsheet, it is just an educated guess.

Cost 150

Cost Balance Sheet Startup Intellectual Property 150

ConversionXL

AUGUST 27, 2015

According to an article on Duke University’s website , “A stationarized series is relatively easy to predict: you simply predict that its statistical properties will be the same in the future as they have been in the past!”. It’s like creating Intellectual Property for your business out of customer data.”

PPC 48

PPC SEM Technical Review Conversion 48

Berkonomics

SEPTEMBER 2, 2011

A financial buyer will analyze your numbers, past and forecast, to the n’th degree, and calculate the price based upon the result, after carefully comparing your numbers with those of others in the same and similar industries. This is one of my favorite insights, since I lived this one in a positive exit from my computer business.

Intellectual Property 88

Intellectual Property Investment Bankers Acquisition Forecast 88