Both Sides of the Table

DECEMBER 11, 2022

We had nascent revenues, ridiculous cost structures and unrealistic valuations. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money. Until we weren’t. They were a way to gather cheap capital.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

YoungUpstarts

NOVEMBER 21, 2014

Businesses often require employees to sign non-compete agreements to protect their business interests. However, just because an employee has signed a non-compete agreement does not make the agreement valid under the law. Non-Compete Time Period. by Yasir Billoo, partner at Golden & Grimes LLP.

Non-Compete 187

Non-Compete Florida Miami Employee 187

YoungUpstarts

FEBRUARY 19, 2016

Non-compete agreements can be an effective tool to protect these assets. Under the right circumstances and when properly drafted and implemented, non-compete agreements are enforceable in Florida. A competitor who hires an ex-employee under a non-compete can become liable for what is known as tortious interference.

Non-Compete 100

Non-Compete Florida Jacksonville Covenant 100

Startup Professionals Musings

JULY 11, 2012

In fact, the considerations are not unique to software development – they apply almost as well to any product or service you have: Control of core competency. Don’t outsource your core competency. Near-shore and local outsourcing alternatives are manageable with contracts and non-disclosure agreements. Cost factors.

Intellectual Property 222

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 222

Startup Professionals Musings

AUGUST 8, 2014

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost wont help you if you cant make the daily innovations required to stay competitive. Dont count on contracts and non-disclosure agreements to save you. Factor in all the cost elements.

Intellectual Property 238

Intellectual Property Non-disclosure Agreement Software Review Offshore 238

The Startup Magazine

SEPTEMBER 11, 2023

By delegating specific tasks—like outsourced sales for startups—to third-party experts, internal teams can focus on core competencies. Distinguishing Task Priorities At the heart of cost-effective outsourcing for startups lies the ability to discern between essential and non-essential tasks.

Cost 140

Cost Startup Non-Compete Dilution 140

Startup Professionals Musings

APRIL 28, 2023

Always start with a formal proposal, limited in scope to a specific common objective or technology, for a limited amount of time, bounded by a two-way non-disclosure statement. Every startup has a core competency which should not be shared. Typically, there are market opportunities that neither of your core competencies can win alone.

Non-Compete 262

Non-Compete Intellectual Property Merger Acquisition 262

Startup Professionals Musings

APRIL 17, 2011

In fact, the considerations are not unique to software development – they apply almost as well to any product or service you have: Control of core competency. Don’t outsource your core competency. Near-shore and local outsourcing alternatives are manageable with contracts and non-disclosure agreements. Cost factors.

Intellectual Property 225

Intellectual Property Non-disclosure Agreement Non-Compete Vietnam 225

Startup Professionals Musings

JUNE 5, 2012

A strategic combination can win in a new segment of the market, which neither of you could do alone in the same timeframe or at the same cost. Cost sharing and economies of scale. Companies work together on segments of their business where they believe they can minimize costs but not jeopardize their unique attributes.

Non-Compete 241

Non-Compete Merger Technical Review Software Review 241

The Startup Magazine

DECEMBER 22, 2018

File Several Types of Non-Disclosure Agreements. There are several types of non-disclosure agreements , and it’s important that you understand which are most relevant to your business and can be beneficial to you. To help minimize your costs, try working with a lawyer who can complete the work for a fixed fee.

Intellectual Property 107

Intellectual Property Non-disclosure Agreement Software Review Non-Compete 107

The Startup Magazine

OCTOBER 23, 2023

With technological advances, it’s becoming easier and more cost-effective than ever to streamline your loan origination system. Compliance Management: Ensuring Regulatory Adherence The financial industry is heavily regulated, and adherence to compliance requirements is non-negotiable. Are you ready to take advantage?

Technical Review 113

Technical Review Analytics Non-Compete Mobile 113

Startup Professionals Musings

MAY 4, 2011

A strategic combination can win in a new segment of the market, which neither of you could do alone in the same timeframe or at the same cost. Cost sharing and economies of scale. Companies work together on segments of their business where they believe they can minimize costs but not jeopardize their unique attributes.

Partner 225

Partner Non-Compete Merger Technical Review 225

Startup Professionals Musings

AUGUST 1, 2020

Always start with a formal proposal, limited in scope to a specific common objective or technology, for a limited amount of time, bounded by a two-way non-disclosure statement. Every startup has a core competency which should not be shared. Typically, there are market opportunities that neither of your core competencies can win alone.

Non-Compete 317

Non-Compete Intellectual Property Merger Acquisition 317

Startup Professionals Musings

JANUARY 20, 2016

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. Don’t count on contracts and non-disclosure agreements to save you. Factor in all the cost elements.

Intellectual Property 120

Intellectual Property Non-disclosure Agreement Software Review Technical Review 120

Startup Professionals Musings

JANUARY 14, 2023

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. A software product is a classic example of a scalable solution, since it costs real money to build the first copy, but unlimited additional copies can be quickly cloned for almost no incremental cost.

Hockey Stick 339

Hockey Stick Intellectual Property Non-Compete Business Model 339

Startup Professionals Musings

APRIL 4, 2010

In fact, the considerations are not unique to software development – they apply almost as well to any product or service you have: Control of core competency. Don’t outsource your core competency. Near-shore and local outsourcing alternatives are manageable with contracts and non-disclosure agreements. Cost factors.

Software 129

Software Intellectual Property Non-disclosure Agreement Non-Compete 129

Up and Running

MARCH 11, 2020

When starting a new business you should consider the potential industries your company may have the best opportunity to compete in. How to start a non-emergency medical transport business. Some businesses are even building fully remote workforces to avoid the high costs of living and working in the highly saturated Bay Area. .

Technical Review 97

Technical Review Green Silicon Valley Non-Compete 97

YoungUpstarts

NOVEMBER 25, 2020

In the old days, marketing agencies were non-existent, and most companies were struggling to market their business and making sales. Almost every business needs a digital agency to compete in the tough business environment. For small business owners, they tend to do a lot of work by themselves to save on cost.

Hiring 279

Hiring Non-Compete Marketing Audience 279

Up and Running

JUNE 28, 2021

In addition, employees would have a right to sue the employer, which could cost them their livelihood, reputation, and personal finances. Incorrectly identifying workers as exempt or non-exempt. If a non-exempt employee is treated as an exempt employee, they miss out on overtime or an hourly wage, which will result in wage theft.

Small Business 82

Small Business Software Review Non-Compete Salary 82

Startup Professionals Musings

MAY 14, 2021

As an advisor to new business owners, I’m accustomed to seeing primarily the simple traditional product pricing strategies , usually driven by competitor prices, or cost plus a reasonable margin. Now that it is more mature, they are offering lower-cost alternatives, consistent with non-electric competitors.

Non-Compete 363

Non-Compete Startup Revenue Cost 363

Both Sides of the Table

SEPTEMBER 17, 2013

Traditional video had very high costs of distribution due to limited time slots of broadcast TV (we only had enough spectrum to support 3-4 channels). Much of network television can cost $100,000 / minute to produce. Producers can cost-effectively test formats and build fans as they go. Much of it already is. Not so fast.

Video 339

Video Technical Review Distribution Aggregator 339

Up and Running

NOVEMBER 19, 2018

What’s a non-emergency medical transportation business? Josh Komenda , CEO of VEYO, suggests that there’s a large population of those who need non-emergency medical transportation, especially for medically frail or elderly people in rural areas. Image via TechCrunch. Many don’t have a driver’s license or access to a vehicle.

Non-Compete 92

Non-Compete Operations Programming Hiring 92

The Startup Magazine

FEBRUARY 2, 2021

In addition to a speedy and complete understanding of the relevant science and technology of each disease, companies require an upgraded level of competency across the board to translate ideas into economically viable treatments. This unique business model is proven to secure strategic and non-dilutive capital as part of a business model.

Technical Review 117

Technical Review Syria Developer United States 117

Both Sides of the Table

NOVEMBER 14, 2017

MakeSpace (as he named it) would help you get your excess goods into low-cost warehouses. As companies get this initial customer feedback on their product they start to have to ask harder questions about unit economics: How much does it cost us to acquire a new customer? and we were met with weak demand, slow growth and high costs.

Operations 286

Operations New York City Technical Review Startup 286

ReadWriteStart

DECEMBER 16, 2020

Although there are many collaboration tools (like Slack and Trello) available, they do have a learning curve that can be hard for non-technical folks. They also complain about managers favoring in-office staff, even if they are less competent. Lower operational costs. For small businesses and startups, every penny counts.

Technical Review 200

Technical Review Startup Belgium Software Review 200

Startup Professionals Musings

MARCH 19, 2016

Compete against non-consumption and non-existing markets. Often entrepreneurs are more able to think outside the box and bring disruptive change to less-known business domains. Consider Apple’s move into music, telephones, and watches. Facebook built the social media market before customers even knew they needed it.

Non-Compete 120

Non-Compete Technical Review Forecast Social Media 120

Startup Professionals Musings

MAY 28, 2022

In addition, you need to focus on the unique value you bring, and maintaining the gap between what customers are willing to pay versus your best cost. Keep your company focused on the business areas and functions that fit your strategic direction, by periodically eliminating non-contributing activities, organizations, and business units.

Intellectual Property 322

Intellectual Property Acquisition Non-Compete Merger 322

YoungUpstarts

JUNE 14, 2013

Many other business commentators have stated this maxim before (in various other ways as well), but the idea is simple: find a position that’s based on non-price value i.e. do not compete on price. Revenue before cost. You know the trend of cutting costs to boost profitability?

Technical Review 174

Technical Review Non-Compete Differentiation Revenue 174

Startup Professionals Musings

APRIL 19, 2020

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. A software product is a classic example of a scalable solution, since it costs real money to build the first copy, but unlimited additional copies can be quickly cloned for almost no incremental cost.

Hockey Stick 386

Hockey Stick Intellectual Property Startup Non-Compete 386

YoungUpstarts

MARCH 29, 2016

Non-cyber security small-to-medium sized businesses are focused on creating value around their core competency, not cyber security. This might only cover the cost of system restoration – not the loss of intellectual property or the loss of customer records. Cyber insurance is often prohibitively costly.

Differentiation 100

Differentiation Security Intellectual Property Non-Compete 100

Steve Blank

SEPTEMBER 5, 2018

After the crash, venture capital was scarce to non-existent. And if their initial guesses were wrong, they needed a process that would permit them to change early on in the product development process when the cost of changes was small – the famed “pivot”. Most startups born in the bubble died in the bubble. The result?

Lean 335

Lean Burn Rate Startup IPO 335

The Startup Magazine

SEPTEMBER 10, 2020

It’s helpful to seek customer referrals from non-competing organizations. It’s also beneficial if you think about the total cost of ownership for the next two to five years. Understanding this cost will help you pinpoint how long it will take the TMS solution to provide a return-on-investment.

Management 109

Management Non-Compete Technical Support Software 109

Startup Professionals Musings

MARCH 20, 2015

Compete against non-consumption and non-existing markets. Often entrepreneurs are more able to think outside the box and bring disruptive change to less-known business domains. Consider Apple’s move into music, telephones, and watches. Facebook built the social media market before customers even knew they needed it.

Marketing 120

Marketing Non-Compete Technical Review Forecast 120

Board Effect

JULY 21, 2022

Credit unions also face such internal risks as internal fraud, regulatory non-compliance, data breaches, legal risks, and liability for injuries to consumers and staff. A competent risk management plan will reduce legal liability and, along with it, the threat of potential litigation. Effectively Managing Credit Union Risks.

Management 98

Management Technical Review Forecast Non-Compete 98

Startup Professionals Musings

SEPTEMBER 1, 2021

I believe we need more non-linear “out of the box” thinking, to come up with the next step beyond the iPhone, or the next big step in transportation technology. That means value in the short term (lower cost, new capability), as well as long-term value for society and the environment. Promote a better future, rather than a product.

Non-Compete 365

Non-Compete Restful Leadership Entrepreneur 365

Startup Professionals Musings

FEBRUARY 15, 2021

Capitalize on shared costs and common distribution. Before you start negotiating any of these coopetition deals, I do recommend that you spend some time thinking about where and how you will be competing, and how you will be cooperating. The auto industry learned this a long time ago.

Partner 434

Partner Non-disclosure Agreement Intellectual Property Non-Compete 434

Board Effect

APRIL 29, 2022

Credit unions also face such internal risks as internal fraud, regulatory non-compliance, data breaches, legal risks, and liability for injuries of consumers and staff. Having a competent risk management plan will reduce legal liability, and along with it, the threat of potential litigation. Effectively Managing Credit Union Risks.

Technical Review 98

Technical Review Forecast Non-Compete Government 98