Below you'll find a list of all posts that have been categorized as “Startup Advice & Tips”
Taking the leap of faith and starting your own business seems like a dream come true, but, you shouldn’t forget that this path is full of trials and tribulations. One of the hardest parts of being an entrepreneur and your own boss is decision-making. When you work for somebody else you don’t have to think about things like hitting quota, …
Without the right negotiation skills, you risk damaging relationships with clients and running into losses. With the right skills, you stand to earn more revenue and reduce your business risks. Negotiating a profitable business deal is about creating opportunities and exchanging value. The wrong way to handle negotiations is by dominating and intimating others into accepting your terms. For long-term …
As a startup owner, you are probably over the hill about getting the wheels of your game-changing new business idea in motion. While this is absolutely fantastic, such unbridled enthusiasm can make you forget about some arguably less exciting, yet very important legal issues. Negligence of the law (whether it’s intentional or not) can throw quite the wet blanket on …
Splitting equity in a startup can be a sensitive topic. How much equity does each founder deserve? The answer to this question is usually different based on each founder’s perspective and, consequently, can be a cause of conflict. But, if you ask the right questions, it’s possible to divide equity in a way that feels fair and satisfactory to everyone. …
As a business owner, you’ll have a vision and a plan for how your business will grow. But, do you know how to get investment funding? Investment funding is how you get your venture off the ground. If you have enough money saved up so that you don’t need any outside investment, good for you. However, if you are like …
While our beloved Shakespeare penned that ‘a rose by any other name would smell as sweet,’ the name you choose for a business must be consistent, unique and memorable unto itself. You should love it, and hope your customers will as well. And, if they identify it with a friendly company, they will share the news with others and your …
Entrepreneurs are very often stubborn. When starting a business, they’re confident about their idea to succeed. However, during the business journey challenges arise and if the idea of pivoting enters the picture, most entrepreneurs take a reactive approach. As entrepreneurs ourselves, at Linkilaw we know first hand that changing the initial idea of a business is complex. But it can …
One of the key impacts of internet fuelled trends, particularly in areas around social media, has been the seemingly urgent societal desire to “become someone”. In business we see echoes of this trend. This sense of urgency has made entrepreneurs believe that they need to get somewhere as quickly as possible with relative success being determined by the size of …
Which came first, the chicken or the egg? Are entrepreneurs born or made? The eternal question without answer. People change, grow and evolve. Entrepreneurship can definitely be taught and improved if this is one’s passion. However, it is also true that people seem to be born with certain traits that create the perfect storm to be a successful entrepreneur. At …
With the increase of focus on technology as a necessity in our world for leisure, work and travel, among a number of other relevant matters, there is no doubt that a more comfortable and convenient future is just waiting to happen. Countless laws will no doubt come popping up to accompany these advancements, with new processes and red tape than …
