Startup Professionals Musings

OCTOBER 29, 2010

One of the most important questions you will be asked by potential investors is how your solutions beats the competition, not just today, but over the three to five year life of their investment. The concept is called “sustainable competitive advantage.” That implies competitive now, and the potential to stay in the lead.

Competition 89

Competition Patents IBM IBM 89

Startup Professionals Musings

AUGUST 14, 2014

Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos. All of these are competitors in terms of speed, price, or luxury. Here are some of the key ones: Patent protection in place as a barrier to entry. competitive advantage entrepreneur investor startup'

Competition 93

Competition Startup Patents Slides 93

Startup Professionals Musings

FEBRUARY 14, 2021

Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos. All of these are competitors in terms of speed, price, or luxury. Here are some of the key ones: Patent protection in place as a barrier to entry. A narrow scope doesn’t help your case either.

Competition 166

Competition Funding Startup Patents 166

Startup Professionals Musings

AUGUST 12, 2019

Most entrepreneurs are quick to assert to potential investors that their product or solution will kill the competition, but unfortunately your opinion alone is not enough to convince most experienced investors. A competitive advantage to a non-problem or tiny niche is not interesting to investors.

Competition 86

Competition Patents Startup Customer 86

SoCal CTO

FEBRUARY 25, 2009

Fantastic post by Christian Gammill - Startup Delta Force… From a competitive perspective (e.g. all the other folks out there that will try to enter the same market) the barriers have been dropping over the last few years. Business - how are you actually going to make money? many more (please comment below)

Startup 150

Startup SEM IP SEO 150

Startup Professionals Musings

MAY 1, 2021

You have figured out how to undercut your competitor’s price, and still hold your margin. Love that sustainable competitive advantage. Working on that unique design, or completing the breakthrough for an innovative patent, are moments of inspiration that you will never forget, especially if they become your competitive edge.

Startup 160

Startup Patents Competition Social Network 160

socalTECH

OCTOBER 14, 2013

There''s been a revolution in the last few years with the dropping price and increasing accessibility of 3D printers--those devices which let you print practically anything using just your own personal computer, 3D software, and a special printer. What''s your competitive advantage against others in the headset/accessories market?

Startup 241

Startup Slides Orange County Design 241

Startup Professionals Musings

MAY 10, 2021

Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Many businesses have found that raising the price of a product to give it status can win more customers than a price war.

Ideas 171

Ideas Patents Training Entrepreneur 171

Berkonomics

MARCH 15, 2012

And fifth: Competitive risk. If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

AUGUST 2, 2015

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Startup 118

Startup Competition Patents Resource 118

Berkonomics

AUGUST 31, 2023

Know your market and competition, or don’t spend a dime on anything else. There was even talk of some phone companies using the patented system for serving communities of guests, not just from a single hotel. In this case, the competition was not from a company but from a new technology. There is no competition.”

Competition 156

Competition Research Summary Pricing 156

Startup Professionals Musings

JUNE 25, 2014

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

Xconomy

DECEMBER 14, 2018

Pharmaceutical industry critics lament the cost of rare disease drugs, but some of the steepest price hikes have come on widely used insulin. The patent holder, the University of Toronto, gave companies the right to manufacture insulin. to offer competitive pricing pressure. to offer competitive pricing pressure.

Patents 77

Patents Pricing Competition San Diego 77

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. You have no shelf life, so you can’t make money while you sleep.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

FEBRUARY 10, 2012

One of the most important questions you will be asked by potential investors is how your solutions beats the competition, not just today, but over the three to five year life of their investment. The concept is called “sustainable competitive advantage.” Our patent will protect us.” We all recognize that there are no guarantees.

Patents 90

Patents Competition IBM IBM 90

socalTECH

SEPTEMBER 13, 2011

Every price comparison out there, whether that's Google Products, Bizrate, or other sites, can find books, but you can only do it one at a time. Jonathan Simkin: I was actually in high school when I decided I'd either start a company when I graduated, or go into patent law. Jonathan Simkin: Certainly, it is extremely competitive.

UCSD 185

UCSD Course Startup Sites 185

Berkonomics

MARCH 5, 2020

And fifth: Competitive risk. . If there are high barriers to entry with such protections as patents, long development time already spent or contracts with the major potential customers, then the risk of a competitor with more resources jumping into the frothy pool and taking advantage of the demand created by the company is minimized.

Outsource Development 156

Outsource Development Ideas Resource Patents 156

socalTECH

FEBRUARY 9, 2010

(www.pitchtheangels.com) Join Tech Coast Angels members and other start up investors at the 5th Annual Los Angeles Fast Pitch Competition. and international patent and trademark procurement - IP Litigation - IP Licenses and Agreements: distribution, development, joint venture - Intellectual property aspects of mergers and acquisitions.

Southern California 113

Southern California Tech Coast Angels IP Orange County 113

Startup Professionals Musings

JUNE 26, 2015

" Investors want to buy into an entrepreneur with a startup that can provide evidence of an ability to double customer productivity, at half the cost, with patented technology. Include your sustainable competitive advantage. Quantify all the key elements of the equation, including price, margin and volume.

Summary 101

Summary Patents Technical Review Competition 101

Startup Professionals Musings

MARCH 20, 2012

The honest answer is that ideas and new technologies are worth nothing, outside the context of a specific entrepreneur and a specific business plan that meets a market need for a fair price. Is it competitive to the current alternatives? Patents may slow down competition, but they are not a real barrier to entry.

Patents 95

Patents Journal Ideas Competition 95

Startup Professionals Musings

JANUARY 11, 2011

The honest answer is that ideas and new technologies are worth nothing, outside the context of a specific business plan that meets a market need for a fair price. Is it competitive to the current alternatives? File a provisional patent as a place holder, a full patent, trademark, copyright, or all of the above.

Technology 95

Technology Patents Journal Ideas 95

Startup Professionals Musings

APRIL 29, 2012

You have figured out how to undercut your competitor’s price, and still hold your margin. Love that sustainable competitive advantage. Working on that unique design, or completing the breakthrough for an innovative patent, are moments of inspiration that you will never forget, especially if they become your competitive edge.

Entrepreneur 102

Entrepreneur Patents Startup Ideas 102

Startup Professionals Musings

JULY 18, 2022

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process really exists, so you need to apply in every relevant country. However, to gain a true competitive edge, you still need to implement effective solutions first at the local level.

Patents 106

Patents Offshore Startup Demand 106

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. First-to-market’ is not a sustainable competitive advantage for startups, since sleeping giants do wake up when they see traction, and they can smash newcomers quickly.

Startup 174

Startup Writing Entrepreneur Ideas 174

Startup Professionals Musings

FEBRUARY 26, 2012

Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Many businesses have found that raising the price of a product to give it status can win more customers than a price war.

Ideas 109

Ideas Entrepreneur Patents Training 109

Startup Professionals Musings

MAY 15, 2020

Sponsor some friendly competitive events with prizes. Elon Musk and Tesla made their battery patents available to anyone, to clear the path for market infrastructure growth and compatibility, which of course benefits Tesla. Let your highly motivated customers be your best marketing advocates for new customers.

Marketing 170

Marketing Startup Examples Customer 170

Startup Professionals Musings

FEBRUARY 26, 2011

Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway.

Startup 91

Startup Patents Statistics Course 91

Startup Professionals Musings

MAY 18, 2013

You have figured out how to undercut your competitor’s price, and still hold your margin. Love that sustainable competitive advantage. Working on that unique design, or completing the breakthrough for an innovative patent, are moments of inspiration that you will never forget, especially if they become your competitive edge.

Startup 100

Startup Patents Competition Social Network 100

Startup Professionals Musings

APRIL 18, 2015

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. However, to gain a true competitive edge, you still need to implement effective solutions first at the local level.

Patents 106

Patents Startup Offshore Demand 106

Startup Professionals Musings

OCTOBER 13, 2012

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. However, to gain a true competitive edge, you still need to implement effective solutions first at the local level.

Marketing 104

Marketing Startup Patents Offshore 104

Startup Professionals Musings

AUGUST 20, 2011

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. However, to gain a true competitive edge, you still need to implement effective solutions first at the local level.

Entrepreneur 103

Entrepreneur Patents Offshore Startup 103

Startup Professionals Musings

APRIL 1, 2013

Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. Many businesses have found that raising the price of a product to give it status can win more customers than a price war.

Startup 100

Startup Ideas Patents Training 100

Startup Professionals Musings

MAY 30, 2012

Look how the Japanese entered the auto industry, or how McDonalds imitated White Castle, or how Wal-Mart “perfected” the low-price high-volume approach. Of course, the first one gets the patent. But patent disclosure requirements often make imitation easier, and smart technologists can work around most patents anyway.

Patents 84

Patents Startup Statistics Course 84

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. Competition. Investors look for a sustainable competitive advantage, like a patent. Decide whether the product is local or international.

Sales 102

Sales Customer Custom Outsource 102

Startup Professionals Musings

NOVEMBER 4, 2010

A while back, I wrote about the importance of a “ sustainable competitive advantage ,” and outlined the business plan value and limitations of patents and competitor feature comparisons. Tags: sustainable competitive advantage startup customer service differentiate. As a startup, you have the opportunity to lead. Marty Zwilling.

Customer 90

Customer Custom Services Startup 90

Startup Professionals Musings

NOVEMBER 21, 2013

An international brand will command higher prices and additional customer demand. At present, no world patents or international patent process exists, so you need to apply in every relevant country. However, to gain a true competitive edge, you still need to implement effective solutions first at the local level.

Entrepreneur 97

Entrepreneur Patents Startup Offshore 97

Startup Professionals Musings

MARCH 2, 2020

His challenge is to focus on one market, with a specific design, cost, and price. Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. I have tried to convince him the general idea alone does not make a business. Yes, there are a lot of bridges to cross.

Ideas 126

Ideas Writing Examples Outsource 126