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Building a jet suit is like building a company

From the inside of the startup process, as the entrepreneur, the pass to success seems rather simple.  You’ve got a great idea.  It’s obvious that it will work.  It’s frustrating that others are not simply following along. Reality is that entrepreneurship is complicated.  Few ideas truly are great.  Most startups fail. Sometimes analogous situations make this far more obvious. ...

As startups turn into companies

Starting startups is hard.  It’s a process full of Catch-22’s.  But it doesn’t end there.  If you successfully navigate the path from idea to startup to revenues, the next stage is just as tricky, just as difficult, and full of new issues to overcome to reach the next milestone, profits. First-time entrepreneurs don’t realize (or know) that these stages exist, let alone...

The 99 Investor Problem’s Solution

Thanks to the Angel Capital Association the so-called “99 investor problem” is sufficiently solved for small seed funds.  Specifically, S.2155 was passed by Congress and signed into law, which amongst a series of changes to financial regulations included: (Sec. 504) The bill amends the Investment Company Act of 1940 to exempt from the definition of an “investment company,”...

Rhymes with Orange

One of my favorite topics to teach is how to name your startup.  Naming can be difficult.  Naming can be tricky.  You not only need to think up a great name, but you also then need to worry about whether you can own the matching domain name, the Twitter handle, the Facebook page, etc.  But even more important than those, you need to worry about what else is in the search results when you Google...

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