Remove Entrepreneur Remove Software Review Remove Technical Advisors
article thumbnail

What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

(In case it’s not obvious it’s a play on the Nike slogan, “Just Do It.&# ) I believe that being successful as an entrepreneur requires you to get lots of things done. Entrepreneurs make fast decisions and move forward knowing that at best 70% of their decisions are going to be right. This paralyzes most people.

article thumbnail

6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

Over my many years of mentoring aspiring entrepreneurs and business professionals, I often hear a desire to start a new business, with a big hesitation while waiting for that perfect idea and perfect alignment of the stars. I advise that you block out time at least weekly for nurturing new and existing relationships.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

The Good, The Bad, And The Ugly Of Software Patents

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. Yes, the software patent process is a mess. Yes, the software patent process is a mess. I say this with conviction even after I survived the process, and have a software patent pending.

Patents 100
article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

In a world where the economy only heads in one direction (read: 2009-2014) most investors & entrepreneurs forget to pay attention to gross burn. This is why investors really like SaaS software companies where you have recurring revenue and your largest customer accounts for < 5% of your revenue and your renewals rates are > 90%.

Startup 383
article thumbnail

Small Business Grants You Can Apply For in October 2024

Tech.Co

Galaxy Grant Giveaway For: Minority and women entrepreneurs Grantor: Galaxy of Stars and Hidden Star Amount: $2,250 501(c)(3) nonprofit Hidden Star and its community for entrepreneurs Hidden Star have teamed up for the eight-year for their 2024 Galaxy Grant Giveaway. Deadline: October 31 Learn more and apply here 2.

article thumbnail

Getting A Software Patent Is Valuable But Frustrating

Startup Professionals Musings

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Some argue to simply eliminate software patents, while others put their hopes in U.S. Patent offices can’t keep up with software technology.

Patents 53
article thumbnail

Roping in the Legal Eagles

InfoChachkie

Yet, despite his exceptional courtroom theatrics, you would be foolhardy to hire good old Johnnie to review your software cross-licensing agreement. It is surprising how often entrepreneurs forget this simple fact. Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not.