Things can be hectic in the world of startups and small business. Trying to meet a myriad of demands with limited resources can be stressful, even overwhelming at times. And sometimes it’s easy to be frustrated when the end result isn’t quite what you hoped it might be. At times like these, it can be helpful to step back and examine the ways that you might be able to improve the way you’re doing things; after all, if you trust the process, the results will come. Here are a few steps that I’ve found helpful in dealing with everyday pressures.
Continue reading “Stay Sane and Productive in a Startup Environment”
If you’re familiar with venture capital, then you probably know how hard it is to transform an idea into a profitable and successful project. This is because new ideas, regardless of how promising they are, are associated with all kinds of risks that must be thoroughly monitored at all times to avoid losing the money invested.
The rules surrounding what material you can and can’t use online can seem a bit confusing at times. Many people don’t make much of an effort to hide their misappropriation, taking images and videos from other sources with no acknowledgment as to where it came from. Others make an effort to try and cite the source, but fall short of the accepted standards despite their best effort. You could argue that individuals from the latter camp are making a good faith effort, and that those from the former simply aren’t aware of the rules and think that anything online is fair game. But ill intent or not, using work that doesn’t belong to you can land you in hot water if you’re caught.
In business, as in life, one of the most important things you can do is ask the right questions. And there are so many questions out there, from “Should I start my own business?” to “How is this Columbia House membership NOT a good idea?”
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If a potential investor looked at your company today, what value would you place on the company? How would the investor value the company? These are both interesting questions to ask yourself and ones that you need to have answers for to be ready.
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Traklight has always tried to demysify the legal space for consumers’ benefit, especially when it comes intangible assets and intellectual property. It’s even better when lawyers do the same and truly understand their clients’ needs.