Both Sides of the Table
SEPTEMBER 28, 2014
In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. In these kinds of businesses I’m on the record as advising “ Ring the Freakin Cash Register.” So money spent should add equity value or create IP that eventually will.
Both Sides of the Table
FEBRUARY 23, 2015
For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” ” My friend Ian Sigelow wrote about this last week and advised people not to take on this kind of job. I saved my main point for last.
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InfoChachkie
JUNE 25, 2009
It is surprising how often entrepreneurs forget this simple fact. Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not. As noted in Frugal is as Frugal Does , entrepreneurs on The Fringe only spend their cash on items that add value to their adVentures.
Both Sides of the Table
AUGUST 17, 2009
I often talk with entrepreneurs who are kicking around their next idea. To the best of my knowledge US law allows you to work on your own resources and in your own hours and let you personally own your IP. If not, at least find someone really technical that you trust to help act as an adviser to you. Register a company.
Both Sides of the Table
FEBRUARY 25, 2010
A reminder that it is important for all entrepreneurs is to remember to be careful about “deal drift.” Conversely I offered the same deal to another entrepreneur who decided to shop around longer. If it’s a biz deal you might care about IP protection, revenue share, investment commitments to joint marketing – whatever.
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