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Why Selling To The Government Can Downgrade Your Startup

InfoChachkie

Some startups opt to partner with larger companies which have pre-established relationships with government customers. Vendor Approval Process – In many instances, governments require companies to abide by arduous vetting processes in order to become an "approved" vendor. The Downside Of Government Contracting.

Startup 207
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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 Destroy Your Startup

InfoChachkie

Other reasons startups should avoid engaging selling to the government include: Vendor Approval Process – In many instances, governments require companies to abide by arduous vetting processes in order to become an "approved" vendor. Approved vendors are then required to complete cumbersome Requests For Proposals.

Startup 100
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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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