• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Element 28. Proprietary Ownership > Practical Experience—This Deserves the Maxi...

Practical Experience—This Deserves the Maximum Weight of 3

Erin Dolezal of Danube, Minnesota, pointed out that if we were to succeed in winning the rights to license defunct broadcast frequencies for use by Internet purveyors, we would not be able to bottle up the rights so that we could own something valuable. She was absolutely correct, and reminded me that an up front question for all ventures is whether they can create a product that can be bottled up and sold. If there is development work for your launch, will you be solving puzzles for your competition such that they have no work to do in order to compete with you? Have you created an automatic cost advantage for your competition?


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint