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How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Use external sourcing to fill in the non-critical gaps. Add basic partner contracts or alliances. Using contracts with partners for growth resources (“borrowing”) is best when you can both define the resources clearly and protect them with effective contractual terms. Don’t use alliances for core competencies.

CTO Hire 330
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8 Tactics For Every Entrepreneur To Manage Technology

Startup Professionals Musings

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Should they go after high-tech nerds for partners, or professional technologists? The right answer for a good business partner today is neither of the above.

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Your Toughest Competitor May be Your Best Partner

Startup Professionals Musings

Your goal is “ coopetition ” - to find a way to partner with your competitor in such a way that both parties can substantially benefit from the other's resources - without stealing customers or damaging anyone's credibility. Companies need to very clearly define where they are working together and where they are competing.

Partner 225
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Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Here are a few tips to ensure that you and your partners start out on the right foot. Consider regular face-to-face meetings with prospective partners, so you can gauge body language and “listen between the lines.” Has your prospective business partner invested in or run a business before? Congratulations! Hire professionals.

Partner 208
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6 Ways To Win By Creative Partnering With Competitors

Startup Professionals Musings

This approach has been used for years, and implies very little risk, but many startups are still “too busy” to pursuing possible partners. 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.

Partner 434
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Primary Problems with Enforcing Non-Compete Agreements

YoungUpstarts

by Yasir Billoo, partner at Golden & Grimes LLP. 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.

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Starting a New Plumbing Business from Scratch

The Startup Magazine

Your business plan essentially serves as a strategic roadmap that navigates your actions and decisions, setting a strong foundation for potential investors or partners. Team The cornerstone of any successful plumbing business is a skilled, competent, and motivated team.