Remove excludesivity
article thumbnail

ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

Agree to Bundling Without a Minimum Price. Although necessary, “stepping stone” approach of initially utilizing smaller VARs to enter new geographic markets can become problematic as your business grows, because large VARs often demand uncontested, broad, multi-country coverage. Do Not Agree to Bundling Without a Minimum Price.

article thumbnail

Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Fallacy: AdVentures tend to evolve once you begin speaking with pesky customers and demanding partners. Once you prove that a substantial, addressible market segment is willing to pay a price for your solution that exceeds your costs, you can consider a licensing strategy. 3) Attempt To License An Idea.

Startup 242