7 sins of startups

It is not uncommon for startups to ignore or assume that their intellectual property needs to be secured in the early stages of their business. Failure to do so, even for non tech startups can result in rather disastrous consequences later on. Even the selection of a name for the business, a form of intellectual property, can lead to all sorts of negative consequences when the entrepreneur finds out later that the name has been trademarked by another company. Think of all the letterhead, website domain names, etc. that are now obsolete and have to be changed. In this article, the “Seven Sins”, the author advises on what intellectual property mistakes to avoid.



Forming an LLC

The Wall Street Journal has been running a series of articles on various legal structures that entrepreneurs should consider in the formation of their business. This article discusses the merits of a LLC which has becoming increasingly more popular because it offers liability protection. And many venture capital investors like it as well.


Six Shocks of Entrepreneurship

Reading all the textbooks and taking entrepreneurship classes will give you a pretty good idea on how to go about launching a business. But there are still unforeseen trails and tribulations that await the entrepreneur. In this article a more “seasoned” entrepreneur relates six surprises and shocks he did not count on after launching his business.