Comments on: And The Trend Continues: Patents.com Takes Over PatentMonkey’s Assets http://www.conceptualist.com/2007/10/26/and-the-trend-continues-patentscom-takes-over-patentmonkey/ Tue, 07 Sep 2010 06:56:00 +0000 http://wordpress.org/?v=2.3.3 By: Eric Litman http://www.conceptualist.com/2007/10/26/and-the-trend-continues-patentscom-takes-over-patentmonkey/#comment-2986 Eric Litman Sun, 11 Nov 2007 22:27:19 +0000 http://www.conceptualist.com/2007/10/26/and-the-trend-continues-patentscom-takes-over-patentmonkey/#comment-2986 Completely agree. What will distinguish the winners in the space will be their abilities to: a) pick the right product/service for a name; b) avoid the temptation to overvalue the name in the funding transaction; and c) execute, execute, execute It's often said that when building a new business ideas are 2 to 10% of the equation and the remainder is execution. What do you think: does picking a name in advance of a product fit into either of those camps, or do we tweak the model to accommodate the value of the name as a significant contributor to success? ----ANSWER---- While naming is important I'm with you here, it is execution that makes the real difference. Sahar Completely agree. What will distinguish the winners in the space will be their abilities to:

a) pick the right product/service for a name;
b) avoid the temptation to overvalue the name in the funding transaction;
and c) execute, execute, execute

It’s often said that when building a new business ideas are 2 to 10% of the equation and the remainder is execution. What do you think: does picking a name in advance of a product fit into either of those camps, or do we tweak the model to accommodate the value of the name as a significant contributor to success?

—-ANSWER—-

While naming is important I’m with you here, it is execution that makes the real difference.
Sahar

]]>