Spiegel Sohmer
Spiegel Sohmer is a firm of attorneys offering state-of-the-art expertise to a diversified business clientele seeking solutions that are innovative, concrete, and pragmatic. Our firm groups some forty five attorneys who concentrate principally within three broad specialties: business law (including Intellectual Property), tax law and litigation. Spiegel Sohmer has extensive experience representing companies at all stages of their life cycle, from start up through to exit, and also represents a wide array of investors: www.spiegelsohmer.com

Richter
Richter is, above all, a financial consulting services firm offering strategic support and has been a recognized member of the business community since 1926. Richter entire team consists of more than 450 partners, experts, high-level professionals and administrative employees. Because of this collective expertise, our firm has an unrivalled reputation and has earned the respect of the business community: www.richter.ca

Futurpreneur
Futurpreneur Canada is the only national, non-profit organization to provide financing, mentoring, and support tools for every business stage to aspiring business owners and startup founders: www.futurpreneur.ca

La Gare
La Gare is a collaborative workspace. A place to work, connect and learn in the heart of the Mile End. It is a rallying point for the community. It is a welcoming and collaborative workspace for entrepreneurs, designers, artists, freelancers, social entrepreneurs, small teams and entrepreneurially-minded employees. It also offers close proximity to a dense network of clients, suppliers, partners and collaborators.

Researching and Evaluating the Startup Market, by Thom Kozik

Posted by Jonathan Greechan on 2012-09-21

Inside FI gives you exclusive access inside the training sessions of the Founder Institute. To get updates when we release new videos, follow us on Twitter or subscribe to our weekly newsletter here.

In this talk from the Los Angeles Founder Institute, Thom Kozik gives critical advice on how to best go about researching where your business fits in the startup market. He advises founders on several elements to consider, yet reminds them that Startup Research is an ongoing project and there is always new information to be learned.  

Thom is the CEO of Context Digital Media and has 25+ years of experience in the Internet and Software industries, with particular focus on gaming. He is also a mentor for the upcoming Los Angeles Founder Institute, which is currently accepting applications. If you could use expert training, feedback, and support to launch a technology company, then apply today. The Early Application Deadline is Sunday, September 23rd.

Kozik stresses the importance of defining your product, knowing your market, planning an exit strategy, and establishing success milestones. These four components along with managing your distractions and understanding how your stakeholders impact your business, are imperative for navigating today's ever-changing high-tech climate. Thom sums it all up with saying the market is an ecosystem, not just a list of competitors. You have to know where your business falls in the mix of things and always be open to change. Afterall, technology is truly a 'here today, gone tomorrow' type of game, and if you're not thorough with your evaluations, you might just get left in the dust. 

If you like the video below, follow Thom on twitter @ThomKozic

LAFI Spring 2012 Basic Research Tom Kozik

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Researching and Evaluating the Startup Market, by Thom Kozik

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