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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. Disclosing inventions before the patent application is filed. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding. There is no excuse for not filing at least a provisional patent early.

Patents 145
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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. Disclosing inventions before the patent application is filed. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding. There is no excuse for not filing at least a provisional patent early.

Startup 94
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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 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. Disclosing inventions before the patent application is filed. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding. There is no excuse for not filing at least a provisional patent early.

Startup 99
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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. Disclosing inventions before the patent application is filed. Entrepreneurs often put off the hassle and the cost of filing a patent until first funding. There is no excuse for not filing at least a provisional patent early.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there. Any startup with no patents, trade secrets, or other secret sauce is very high risk today.

Ideas 94
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6 Business Essentials To Keep Your Startup Thriving

Startup Professionals Musings

When you anticipate losses for the first year or two, it is more important to properly document all expenses, including tricky ones like business travel, business meals, and your home office. I recommend one of the many cloud-based and low-cost tools to help, such as the Viewpost business network. In fact, just the opposite is true.

Startup 65