Do you remember when you were in kindergarden and you learned your ABCs with a simple song? A b c d e f g, h i j k l m o p, q r s t u and v, w x y and z now I know my ABCs 26 letters from a to z. Well now you are all grown up, have creative juices flowing in your veins and ready to make your mark as an...
You wake up one morning with an idea that you believe will be the “next big thing” then reality sets in and you realize money doesn’t grow on trees. Every entrepreneur who has a vision to create a business is unique and the amount of risk that they can withstand is also unique. At the concept stage most entrepreneurs try to limit their risk and expense by keeping their day job and letting their idea come to...
Members of a startup will find out early that creating a new business will require an endless amount of decisions from the company name, to what logo they will design to what product or service they will provide. But choosing the right legal structure for a new business might be the most critical decision a startup will ever have to make. The legal structure that a startup selects will affect their ability to raise capital, their tax...
Patent? Trademark? Copyright? My brain is ready to explode! Being an entrepreneur and coming up with a new idea to grow into a business is difficult enough but protecting that idea is even harder. A lot of people confuse, patents, copyrights, and trademarks and even though there may be some similarities they were created to protect different intellectual properties. Similarities are: all are registered with an agency of the federal government each of the 3 are referred as an intellectual...
A lot of my friends are afraid of even taking the tiniest risk. They rather work for a company where they are not happy, not fulfilled and where someone tells them what to do and how to do it. Entrepreneurs like myself choose to create a business rather than working for someone else. While there is a potential for considerable wealth we must be willing to leave our comfort zone and come face to face...
When I was searching for team members for my startup, my main goal was to find the best people who had the skills and expertise that I lacked but were crucial for success. I have read articles on the theory of right brain or left brain dominance in which each side of the brain controls different types of thinking and I believe for a startup to be successful key members of the team must be a...