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Contract Traps Entrepreneurs Should Avoid At All Costs - Sweet Sixteen Kisses of Death

InfoChachkie

Agreements with Big Dumb Companies (BDCs) are like DC Comic’s evil villainess, Poison Ivy. You will no doubt craft agreements with companies of similar or even smaller size to your own. Ever negotiate with lawyers at a huge company? The allure of a company-changing deal with a BDC is strong. Kiss of Death Provisions.

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ConTraps Part IV – Avoid Exclusion From Future Revenue Opportunities

InfoChachkie

As noted in Contract Traps Entrepreneurs Should Avoid , exclusivity can kill a small company. Unfortunately, many Big Dumb Companies (BDCs) assume they must unfairly skew the market in their favor by precluding you from freely working with anyone you choose. Trick Ear. I seldom acquiesced when it came to excludesivity.

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Why Selling To The Government Can Downgrade Your Startup

InfoChachkie

In fact, during my many years as an operational entrepreneur, I explicitly avoided working with governments, for the reasons described below. Some startups opt to partner with larger companies which have pre-established relationships with government customers. Bro Factor – An inherent advantage startups enjoy is the Bro Factor.

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Making Revenue Sharing And Cost Savings Deals Work – Sharing Means Caring

InfoChachkie

During the height of the dotbomb bubble, numerous companies struck Barney deals. They were dubbed Barney deals because the structure of such relationships was so lightweight that the underlying agreements merely affirmed the companies’ mutual affection, as articulated in Barney’s theme song, “I love you, you love me.

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Eleven Startup Tips From Richard Branson

InfoChachkie

Departing from Edwards AFB, we flew over the Mojave Air and Spaceport, home of the world’s largest private manufacturer of spacecraft, The Spaceship Company (TSC). In October of 2011, the company announced a $4.5 Fortunately we’re not a public company – we’re a private group of companies, and I can do what I want.”

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