Startup Professionals Musings

FEBRUARY 26, 2012

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. 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.

Ideas 109

Ideas Entrepreneur Patents Training 109

Both Sides of the Table

OCTOBER 8, 2014

” It’s the most common refrain I hear from investors and even entrepreneurs these days. What was Bill Gross’s heretical idea as portrayed to the tech elite? The patents Overture held became known in small circles as Google’s ’361 problem as outlined here. acquired Overture for $1.63

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376

Berkonomics

APRIL 13, 2017

A core patent or “thicket” of patents protecting your offering? Some great ideas just can’t make money and ultimately die for lack of profit potential. Can you translate an idea into a compelling product? Some great ideas just cannot be made into a product at a reasonable enough price to attract customers.

Patents 291

Patents Pricing Ideas Marketing 291

Startup Professionals Musings

MARCH 7, 2011

Based on my own experience and feedback from friends, every investor is approached by at least ten entrepreneurs with a “hot idea” for a new business, for every one who has a real “plan” for a new business. In fact, you can find websites full of ideas, like these “ Free Innovative Ideas ,” by serial entrepreneur Kim E.

Ideas 104

Ideas Entrepreneur Summary Startup 104

Berkonomics

JUNE 22, 2023

A core patent or “thicket” of patents protecting your offering? Some great ideas just can’t make money and ultimately die for lack of profit potential. Can you translate an idea into a compelling product? Some great ideas just cannot be made into a product at a reasonable enough price to attract customers.

Patents 286

Patents Pricing Ideas Marketing 286

Both Sides of the Table

NOVEMBER 5, 2014

Last week a company we enthusiastically backed, uBeam , led by a very special entrepreneur, 25-year-old Meredith Perry , announced a $10 million round of financing. Here I make the case that entrepreneurs must stay focused on the prize, not the doubters. Entrepreneurs. ” **. It can be one of the strongest motivators.

Technical Review 417

Technical Review Startup Software Review Course 417

Both Sides of the Table

MARCH 11, 2011

He presented the idea at the TED conference in the mid 90′s and was literally boo’d while he was on stage. The idea actually came to him from the Yellow Pages business. He came up to Bill after the event and said, “clever idea, we should do that with you.&# Summary notes, as always, provide below.

Competition 350

Competition Idealab Product CitySearch 350

Startup Professionals Musings

JANUARY 24, 2015

Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Yet I can assure you that people who are paranoid, or want to avoid all risks, won’t be happy as entrepreneurs, so it’s all about balancing the risk-reward scale.

Ideas 106

Ideas Technical Review Patents Entrepreneur 106

Startup Professionals Musings

MAY 13, 2023

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Look for double-digit growth data from Nielsen, J.D.

Ideas 106

Ideas Technical Review Patents Startup 106

Startup Professionals Musings

SEPTEMBER 23, 2020

A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. Most colleges have now added classes in entrepreneurship to include the necessary business focus to technical majors that usually drive innovative ideas.

Entrepreneur 157

Entrepreneur Mentor Class Resource 157

Startup Professionals Musings

DECEMBER 30, 2020

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Although Elon Musk doesn’t talk about it very much, he owns over 350 patents through Tesla, just one of his many companies.

Entrepreneur 173

Entrepreneur Patents Startup Technical Review 173

Startup Professionals Musings

MARCH 2, 2020

One thing I have learned the hard way in business is that implementing new ideas is usually much more difficult than conceiving the idea in the first place. That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person. For example, I have a friend with a Ph.D.

Ideas 126

Ideas Writing Examples Outsource 126

SoCal CTO

SEPTEMBER 20, 2011

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here.

Startup 211

Startup IP Ideas Patents 211

Startup Professionals Musings

JULY 18, 2014

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. Early-stage ideas fall in the same category. Test your idea with experts, scientific journals and trade publications.

Ideas 106

Ideas Technical Review Patents Entrepreneur 106

Startup Professionals Musings

OCTOBER 12, 2018

Many experts will tell you that you can’t succeed as a part-time entrepreneur, as any good startup will require a 100 percent commitment of your time and energy. Thus I often recommend that entrepreneurs keep their day job until the startup is producing revenue. Select a business idea that has a longer runway. Marty Zwilling.

Ideas 102

Ideas Entrepreneur Tips Startup 102

Startup Professionals Musings

JULY 29, 2013

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. You won’t last long as an entrepreneur in this category, since a startup is all about taking risks. Prior to patent application. Who is right?

Ideas 92

Ideas Demand Patents Entrepreneur 92

SoCal CTO

SEPTEMBER 20, 2011

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here.

Startup 198

Startup IP Ideas Patents 198

Startup Professionals Musings

JULY 3, 2013

Based on my own experience and feedback from friends, every investor is approached by at least ten entrepreneurs with a “hot idea” for a new business, for every one who has a real “plan” for a new business. In fact, you can find websites full of ideas, like these “ Free Innovative Ideas ,” by serial entrepreneur Kim E.

Ideas 106

Ideas Startup Summary CalTech 106

Startup Professionals Musings

FEBRUARY 22, 2012

I’m sure you all realize that there could be quite a distance between a great idea and a great startup. So, trying carefully not to rain on his parade, I suggested to my friend that he complete the following analysis as due diligence on the idea before spending his life savings (and others) to roll out a solution: Competitors are few.

Ideas 97

Ideas Patents Startup Google 97

Startup Professionals Musings

MARCH 22, 2014

It seems like everyone wants to be an entrepreneur and get rich these days. As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business.

Ideas 107

Ideas Mentor Entrepreneur Resource 107

Startup Professionals Musings

JANUARY 14, 2011

I’m sure you all realize that there could be quite a distance between a great idea and a great startup. So, trying carefully not to rain on his parade, I suggested to my friend that he complete the following analysis as due diligence on the idea before spending his life savings (and others) to roll out a solution: Competitors are few.

Ideas 94

Ideas Patents Startup Google 94

Startup Professionals Musings

JULY 11, 2020

As a mentor to aspiring entrepreneurs, I’m always surprised by the fact that some never seem to be able to that first startup going, while many others never seem to stop, starting their second or third initiative before the first one is fully hatched. I’m now convinced that serious entrepreneurs relish the startup process more than success.

Entrepreneur 131

Entrepreneur Startup Ideas Software Review 131

Startup Professionals Musings

APRIL 29, 2015

It seems like everyone wants to be an entrepreneur and get rich these days. As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business.

Ideas 104

Ideas Mentor Resource Entrepreneur 104

Startup Professionals Musings

MAY 10, 2021

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. 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.

Ideas 171

Ideas Patents Training Entrepreneur 171

Startup Professionals Musings

FEBRUARY 17, 2021

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated. The same is true for filing patents, registering trademarks, and filing copyrights.

Entrepreneur 162

Entrepreneur Startup Social Media Outsource Development 162

Startup Professionals Musings

NOVEMBER 29, 2019

As a mentor to many aspiring entrepreneurs, I challenge them to think beyond what I call linear extensions to a current trend, such as another “easier-to-use” app for smartphones, a new dating site for pets, or another niche social network. Great social entrepreneurs are rare. What will you do if you get no traction on this idea?

Entrepreneur 126

Entrepreneur Ideas Resource Examples 126

Startup Professionals Musings

SEPTEMBER 24, 2018

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Look for double-digit growth data from Nielsen, J.D.

Ideas 83

Ideas Technical Review Patents Startup 83

Startup Professionals Musings

JUNE 3, 2020

Most of you aspiring entrepreneurs have new ideas on a regular basis, and find it hard deciding which to pursue, or try to tackle several at the same time. In addition to personal focus, I find that the best entrepreneurs build and demand a culture of focus and excellence in their team, their investors, and even their advisors.

Entrepreneur 126

Entrepreneur Startup Patents Resource 126

Startup Professionals Musings

JUNE 2, 2012

Based on my own experience and feedback from friends, every investor is approached by at least ten entrepreneurs with a “hot idea” for a new business, for every one who has a real “plan” for a new business. In fact, you can find websites full of ideas, like these “ Free Innovative Ideas ,” by serial entrepreneur Kim E.

Ideas 97

Ideas Summary Startup CalTech 97

Berkonomics

MARCH 15, 2012

In the creation of a new enterprise, there are five principal risks to be addressed by the entrepreneur. So it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. And fifth: Competitive risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Of course, a real entrepreneur always takes a failure as a milestone on the road to success. Idea has limited business opportunity.

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

Berkonomics

OCTOBER 31, 2024

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. So, it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. Third: Management risk. And fifth: Competitive risk.

Outsource Development 294

Outsource Development Ideas Resource Patents 294

InfoChachkie

FEBRUARY 20, 2012

Great Startup Ideas Come From Everywhere. "At "At Microsoft there are lots of brilliant ideas but the image is that they all come from the top – I'm afraid that's not quite right." I explore this peculiar entrepreneurial career path in further detail in THIS entry. free weekly Infochachkie articles!

Tips 275

Tips Startup IP Santa Barbara 275

Startup Professionals Musings

MAY 31, 2020

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Is it any wonder why so few entrepreneurs ever find the professional investors they seek? Yet I’m still often approached by aspiring entrepreneurs who have neither.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Startup Professionals Musings

AUGUST 11, 2014

In my experience, inventors and technologists arent interested or arent very good at building a business, and entrepreneurs arent usually good scientists. Historically, its also not often that a good inventor was also a good entrepreneur. Most good entrepreneurs are idea people, and can flood you with ideas.

Entrepreneur 102

Entrepreneur Ideas Patents Resource 102

Startup Professionals Musings

MAY 29, 2013

In my experience, inventors and technologists aren’t interested or aren’t very good at building a business, and entrepreneurs aren’t usually good scientists. Historically, it’s also not often that a good inventor was also a good entrepreneur. Most good entrepreneurs are idea people, and can flood you with ideas.

Entrepreneur 102

Entrepreneur Ideas Patents Resource 102

Startup Professionals Musings

MAY 3, 2012

In my experience, inventors aren’t interested or aren’t very good at building a business, and entrepreneurs aren’t usually good scientists. Historically, it’s also not often that a good inventor was also a good entrepreneur. Some now argue that even our entrepreneur heroes, like Thomas Edison, really cheated on the invention side.

Entrepreneur 100

Entrepreneur Startup Ideas Patents 100