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What Makes an Entrepreneur? (1/11) – Tenacity

Both Sides of the Table

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I wanted to also post the series here to have it as a resource on my blog for future entrepreneurs who stop by. If you haven’t spent time over there you should.

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Domain Experience Gives Entrepreneurs an Unfair Advantage

Both Sides of the Table

I originally conceived it as the Top 11 things that I believe “all entrepreneurs need to succeed.&# If it stuck to this theme then I would stand by my top 11. It isn’t a “must&# for me but it’s certainly a huge positive when entrepreneurs have it. I’ll always point out when I am.).

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The “Hold Your Nose” theory of legal documentation

Berkonomics

Changing the deal that late in the game is nearly impossible, after other investors have already completed their documents and the deal supposedly put to bed. What if it is the company attorney or entrepreneur that finds the stinky clause so very late in the game? Email readers, continue here.]

Email 166
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Entrepreneurs: Employment law is not on your side!  

Berkonomics

Ah, and those required posters in the lunchroom [Email readers, continue here…] Notice that every poster that is required to be displayed in a company public area (usually the lunchroom) is posted for the benefit of the employee to inform them of rights granted by law. ” The post Entrepreneurs: Employment law is not on your side!

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Finding “stinky clauses” in legal investment documents

Berkonomics

Changing the deal that late in the game is nearly impossible, after other investors have already completed their documents and the deal is supposedly put to bed. What if it is the company attorney or entrepreneur that finds the stinky clause so very late in the game? Can you change a deal if not the lead investor?

Invest 156
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Entrepreneurs: Employment law is not on your side!

Berkonomics

Email readers, continue here…] Notice that every poster that is required to be displayed in a company public area (usually the lunch room) is posted for the benefit of the employee to inform him or her of rights granted by law. Hold regular reviews for all your employees right to the top.

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The Berkus Method: Valuing an Early-Stage Investment

Berkonomics

There are many ways to project the value of a company for purposes of pricing an investment, but all rely upon the revenue and profit projections of the entrepreneur as a starting point. For those of us who’ve invested in early-stage companies, especially technology startups, we have confronted a universal problem.

Invest 306