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

InfoChachkie

Agree to Bundling Without a Minimum Price. Although necessary, “stepping stone” approach of initially utilizing smaller VARs to enter new geographic markets can become problematic as your business grows, because large VARs often demand uncontested, broad, multi-country coverage. Do Not Agree to Bundling Without a Minimum Price.

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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Rationale: My idea is so mind-blowingly fantastic that I must immediately spend a small fortune to protect it before I perform any market validation. Fallacy: AdVentures tend to evolve once you begin speaking with pesky customers and demanding partners. 4) Perform China Syndrome Market Analysis. 3) Attempt To License An Idea.

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