Startup Professionals Musings

MARCH 4, 2016

Assume you already know what your customers need and want. Just because you love a new solution doesn’t mean your customers will love it. Before spending any money, make sure you interact directly with potential customers, industry experts and investors. You need patents and trademarks as a barrier to entry.

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Startup Training Entrepreneur Customer 59

Startup Professionals Musings

JULY 22, 2016

The challenge is to do it by design like these guys, rather than by exception. These could include customer penetration, revenue growth, budget guidelines, and industry visibility. Team members begin by working with industry experts, advisors, and customers to validate assumptions, implementation plans, and financial parameters.

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Startup Metrics Entrepreneur Resource 56

Startup Professionals Musings

FEBRUARY 1, 2016

If you wait to incorporate the business until you have a product and customers, which normally has no taxable value until liquidity, it will be taxed at issuance at the current value. Patents issued to you before you incorporate the business will not be considered part of the business valuation by investors.

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Company Companies Startup Equity 61