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Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. Hiring more people isn’t always the right answer.

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Five signs it’s time to get your business organized

www.greenhornconnect.com

1) You and your partners have developed IP critical to your business. Intellectual property is the most valuable asset most startups possess, so it is crucial that the startup, not the founders, own IP developed for the business. 2) You’re hiring employees. 2) You’re hiring employees. October 2011. (1)

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Picking Ventures: Part 2 - Startups and angels: Along the way to.

Tim Keane

« Picking Ventures: Part 1 | Main. | » September 28, 2011. " We all have heard/repeated the investment mantra about "big, growing markets" with "unfair advantage IP" position. November 2011. September 2011. March 2011. Startups and angels: Along the way to success. April 2013.

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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

A great recent example of this was a successful group of entrepreneurs who had created a company that will do $10-12 million in revenue at their system integration business (read: services business) in 2011 after having done $5 million or so in 2010 and $2-3 million in 2009. You own the IP you create. But it might not.

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How Universities Can Help Students and Alumni Work in the Tech Industry

David Teten

In 2011, Yale launched Yale-NUS, a sister university based in Singapore. The video game and Augmented Reality/Virtual Reality industry actively hire for people with design, screenwriting, and other visual arts skills. Some AI companies hire people with comedy-writing and script writing experience.

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6 critical tips for launching a startup while holding a day job | VentureBeat

venturebeat.com

You can’t afford to hire three developers to add features and bugs. As for the employer, I would say don't compete with your employer and don't come close to using any IP of theirs. You could make a whole site dedicated to people holding down a day job but also seeking to make their own IP or buisness come into profit.

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One More Time: No NDAs

dashes.com

However, there is the concept of "mutual" NDA, which should give your IP equal protection if you share any of yours. If someone hired you, would you have your lawyer look over the NDA? Most NDAs I have seen are very one-sided and have unreasonable time limits, which in the tech sector are sometimes moot. dan.sanderson. | Rafe Colburn.

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