Posts in category: ‘Business’

10 Tips for Pitching to Investors

Pitching to investorsOne key ingredient all startups need is money. Even if you are working out of homes and coffee shops, there are unavoidable expenses, like legal services, accounting, travel, compliance certifications, and prototyping.

And if you and any co-founders aren't in a position to bankroll activity until product revenue (or crowdfunding) comes in, you'll need to ask for money -- which means looking for investors.

And to get potential investors to invest, you need to pitch them.
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7 Tips to Help You Master Media Interviews

Working with the press and media -- whether it's online, broadcast and print reporters and editors, bloggers, freelance writers, and others -- is an important part of being a business. "Working with" can include everything from media interviews and being quoted in topical articles, to being included in product round-ups.
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The Five Steps to Delivering Your Product Prototype and Business Idea

Product Prototype IdeaBrainstorming a business idea is the first step towards your entrepreneurial dreams. When it comes to brainstorming a new product idea, however, presenting a real-life prototype is essential.

In fact, it could make or break whether your dreams come true.

In this blog post, I provide an overview of what goes into creating your first prototype. Now, not every entrepreneur or business professional has thousands of dollars to spend on manufacturing hundreds of prototypes. So for this blog post, I focus on creating multiple prototypes using only a 3D printer.
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4 Reasons Why Companies Need to be Investing in Tech in 2019

Technological innovation is progressing faster than ever and technology itself is becoming more integral to the private and public spheres. In terms of running a successful business, you’ll need to be aware of developments within all areas of tech; from artificial intelligence and the ‘internet of things’ to 3D printing, renewable energy, and remote working potential. If your company isn’t up to speed on the latest developments in these areas, you risk falling behind the pack.

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The Art of Working With Difficult People

Someone once said: ”I like difficult people because that means they're perfectionists and they're passionate.”

That is a nice turn of phrase and an interesting perspective on a potentially difficult situation. I like that. But, let’s just be honest for a second, no matter your level of experience, no matter the industry you are working in, you have had to work with difficult people, and no matter how nice it is to know you are working with passionate perfectionists, it can still be frustrating, stressful, and a major bummer.

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Designing a New Hardware Product? You Need to Know About Compliance Certifications!

Having a great new hardware product idea is a good core for your startup, but you also have to make sure you get all the necessary certification requirements right.

Along with a sound business plan, it's essential that you include addressing any government and industry regulations your product – like all products – will need to comply with, including going through the testing and paperwork to obtain the compliance certification "marks" that will go on your product's exterior and packaging.

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Culture eats strategy AND technology for breakfast

We all understand the importance of collaboration. We know, at least intuitively, that by collaborating people can accomplish more than they could as separate individuals. Yet, product companies that try to achieve effective team collaboration often find that collaboration, like corporate brand, is not well-defined and frequently discounted as too touchy-feely for structured engineering work.

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The small team advantage

When I set out to write this blog series, the overall idea was to look at engineering organizations within large product companies and discuss practices and tools that would benefit engineering teams in small companies. Smaller organizations often feel that small team size and direct communication among engineers reduce the need for complex formal product data management software, and that such tools might even reduce the agility and flexibility of engineers.

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