Below you'll find a list of all posts that have been categorized as “Startup Advice & Tips”
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 …
Figuring out how to split equity can be a sensitive topic, but it’s a hurdle that must be overcome if you have a co-founder in your new business. Many founders put this off because it’s an uncomfortable conversation. But if you’re not comfortable talking about such important things with your co-founder, maybe it’s a signal that there are bigger problems …
So maybe you’ve heard that when you’re starting a business with friends or anyone else you should try to keep personal feelings out of it. Especially when it comes to the division of equity. But that can often be easier said than done. It’s all well and good to know your emotions shouldn’t come into this equation, but how do …
Many tend to speak about growing and scaling their business interchangeably. However, the two are actually quite unique and the difference could mean the success or failure of your business. What is the difference between growing and scaling your business? Growing is usually referred to as an increase in revenue, but it can also represent growth in the number of …
Startup companies have become more and more alluring to individuals interested in business. People nowadays would rather start their own company than enter a large and rigid corporation. The UK is a perfect example of this kind of business culture becoming the desirable choice amongst other alternatives. The data compiled by technology entrepreneurs’ network Tech Nation and corporate intelligence firm …
When you think of an idea you believe will change the world for the better, the excitement can be unstoppable. However, instead of jumping around and getting ahead of yourself, you need to make sure you’ve got all your legal ducks in a row and a clear vision of how you want to develop – at least for now. Choosing …
Starting a business with friends or family can be more difficult than it seems at first. Most people think: why not? We’re going to make money and have fun at the same time. But you need to be very cautious when mixing personal feelings and business, as there are a lot of things to consider, especially when splitting equity. Why …
