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Eat Your Vegetables

“Risk management is too negative. We’re focused on growing our business.”  – a startup CEO

A certain Captain Smith once entertained the same certainty about large pieces of ice at sea and ignored the potential effect. He was focused on getting to New York, but that focus didn’t help him much when he ran into trouble.

Preparation is [...]

If Your Startup Needs Money, Don’t Be Bashful About Asking for It

Focus matters. So does practice.

Startups are risky business. Most of them go bust, either with a bang or a whimper. They tend to require huge amounts of work, a skilled team – and money.

Finding the money is often the hardest part. Founders are usually excited about their idea, but finding the money necessary to fund the [...]

Patents, IP, and Protecting the Recipe for Your Secret Sauce

No matter what you do, know that protecting your IP is an active process. 

It is surprising how many people actually believe that a patent will protect their intellectual property. A patent is a perfectly good tool, but it does no good all by itself. There is no ever vigilant force of superheroes standing guard over the [...]