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

InfoChachkie

Just as Batman repeatedly avoids Poison Ivy’s kiss of death, so too must entrepreneurs avoid the Kiss of Death provisions which BDCs attempt to include in their agreements. If you allow your prospective partner or customer to milk the cow for free , they will resist paying for it. Do Not Deploy a Free Pilot.

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

InfoChachkie

In many cases, agreements crafted by BDC lawyers resemble ConTraps rather than mutually beneficial contracts. This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Kiss of Death ConTraps. Do Not Relinquish Press Release Capabilities.

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Reduce five risks: Increase your valuation

Berkonomics

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. So, it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. Second: Market risk. . Third: Management risk. .

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

InfoChachkie

In many cases, agreements crafted by BDC lawyers resemble ConTraps rather than mutually beneficial contracts. This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Kiss of Death ConTraps. Do Not Relinquish Press Release Capabilities.

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What Tech Entrepreneurs Could Learn from Chamillionaire

Both Sides of the Table

On why you should be an entrepreneur, “A lot of people do what they have to do. He wanted to create awareness for himself to generate marketing buzz and demand and then get the retail stores to pay wholesales prices for his cds. He created demand. There are many analogies here for software development.

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Smart Entrepreneurs Build Startups Without Investors

Startup Professionals Musings

In my experience as an advisor to aspiring entrepreneurs, I often encounter the myth that an initial startup requires investors. The media tends to highlight experienced entrepreneurs who succeed with early new venture funding, like Uber’s Garrett Camp , but fail to point out the more common bootstrapping successes.

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Lessons Big Companies Should Learn from Entrepreneurs

Jason Nazar

Entrepreneurs often lament big companies, but most of us hope we’ll create just that. Add in public company demands, lawsuit targets, & millions of customers to continually satisfy, and you have to have great respect for those doing it well. Decisions that take entrepreneurs an hour, often take months at large companies.