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5 New Venture Mistakes That Can Cost You The Business

Startup Professionals Musings

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. Disclosing inventions before the patent application is filed.

Patents 145
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Every New Venture Needs A Product And A Business Plan

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Since this document is outward facing, it is important to keep the terminology and tone consistent with that of your customer set, investors, and business partners.

Product 112
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5 Startup Legal Shortcuts That Can Be Expensive

Startup Professionals Musings

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. Disclosing inventions before the patent application is filed.

Startup 94
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Five Legal Pitfalls That Sink Many Good Startups

Startup Professionals Musings

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. Disclosing inventions before the patent application is filed.

Startup 99
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6 Guidelines On How And When To Use Non-Disclosures

Startup Professionals Musings

Stick with people you meet through warm introductions, or count on the integrity of professionals who have a visible reputation and references, instead of a legal document. Get an NDA before detailed patent disclosures. Some entrepreneurs avoid the patent process, since patent details become public once a patent is issued.

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Five Legal Traps Every Entrepreneur Should Avoid

Startup Professionals Musings

Here are five of the most common examples: Failure to document a founder agreement at the beginning. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share. Disclosing inventions before the patent application is filed.

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Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Since this document is outward facing, it is important to keep the terminology and tone consistent with that of your customer set, investors, and business partners.