article thumbnail

10 Tips On Due Diligence On Any Startup Funding Offer

Startup Professionals Musings

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. But people are still begging for more technology or laws, often to protect them from themselves. Use the common sense suggestions to avoid the pain: Decoy investor scam.

article thumbnail

6 Guidelines On How And When To Use Non-Disclosures

Startup Professionals Musings

As an advisor to entrepreneurs, I often have to deal with people who are convinced that they must get me to sign a non-disclosure agreement (NDA) before they begin talks about their new venture. If a longer term or scope change proves necessary later, any agreement can be amended as required. Prepare a high-level pitch.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Scams To Avoid While Seeking New Venture Funding

Startup Professionals Musings

Image via Flickr by ivanpw Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. But people are still begging for more technology or laws, often to protect them from themselves. Off-shore unsolicited investor offers.

article thumbnail

10 Ways Aspiring Entrepreneurs Are Often Victimized

Startup Professionals Musings

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. But people are still begging for more technology or laws, often to protect them from themselves. Use the common sense suggestions to avoid the pain: Decoy investor scam.

article thumbnail

Shortcuts To Entrepreneur Funding Are Usually Scams

Startup Professionals Musings

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. But people are still begging for more technology or laws, often to protect them from themselves. Use the common sense suggestions to avoid the pain: Decoy investor scam.

article thumbnail

6 Success Stages Every Entrepreneur Idea Has To Pass

Startup Professionals Musings

There are lots of resources available for that question, including the Internet and mentors like me. Look hard at the technology for feasibility and risk. Limit your disclosures to people you trust, and learn the use of non-disclosure agreements (NDA). Keep thieves away (protect it).

article thumbnail

Nuts & Bolts of Intellectual Property for New Startups

Gust

The gulf has widened with the proliferation of social Internet / user-generated content and mobile application startups. In the Internet era, trademarks and domain names are closely interrelated, and both can be or become extremely valuable. This is often referred to in the creative community as a “ work-for-hire agreement.”.