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Budding Developer Tools Industry Attracting Big Investments

Budding Developer Tools Industry Attracting Big Investments from The Startup Garage

Online and mobile developers use a number of tools to collaborate on, facilitate and track their projects from bug tracking and API management to code sharing networks and mobile back-end services. Investors are beginning to take notice of the relatively young market categorized as developer tools, or any program or application that helps developers devise, […]

California Passes Legislation Creating New Structures for Social Enterprise

California Passes Legislation Creating New Structures for Social Enterprise from The Startup Garage

With limited legal designation for social enterprises, social entrepreneurs are forced to struggle with which legal form to choose for their ventures.  Traditional legal entities are not well-suited to blend the social and profit-making purposes of a social enterprise.  Management of for-profit companies are liable to shareholders for failure to maximize profit.  On the other […]

3 Games To Help You Generate Business Ideas

3 Games To Help You Generate Business Ideas from The Startup Garage

Generating a business idea takes creativity.  Fortunately, we can exercise our creativity like a muscle.  And it can even be fun.  Try these three games to inspire new ideas.  Who knows, it might lead to the next million-dollar startup! 1. Mix and Match What two products could be brought together for the first time to […]

5 Secrets to Sales

5 Secrets to Sales from The Startup Garage

As a new startup, you will find yourself doing some form of sales around the clock.  Selling investors or bank officers, selling potential strategic partners or key employees, selling customers and clients.  Sales is king in the new economy.  You success will be determined by your ability to generate revenue and sell, not just your […]

The Habits of Self-Made Billionaires (Infographic)

The Habits of Self-Made Billionaires from The Startup Garage

If becoming one of the world’s richest people were easy, we’d all be doing it. Unfortunately, that is not the case, becoming a self-made billionaire involves taking an enormous amount of risk. Of the 100 richest people according to data from the Bloomberg Billionaires Index, 36 were born to humble households and 18 have no […]

Hiring the Right Startup Lawyer

Hiring the Right Startup Lawyer from The Startup Garage

You own a young company that is seeking VC, angel or perhaps even seed funding.  You want to protect yourself with the right legal documents, ensure that you are taking the right steps and perhaps gain some legal counsel along the way.  You turn to your network circles for a recommendation on a good lawyer.  […]

Bootstrapping Responsibly

Bootstrapping Responsibly from The Startup Garage

Usually, the most successful bootstrapping entrepreneurs are those that take a close look at their spending habits – both personal and business expenses – and cut out anything that is superfluous. However, many entrepreneurs make the mistake of cutting or forgoing key expenses such as health and life insurance. Whether you are a single, young, […]

Convertible Note Transaction Documents

Convertible Note Transaction Documents from The Startup Garage

Many business owners who are unfamiliar with the convertible note process are unaware that of the legal documents needed in convertible debt financing.  In addition to the convertible note itself, a startup will need two additional documents: a convertible note purchase agreement and written consent of the startup’s board of directors authorizing the convertible debt […]

The Importance of Copyright Assignments

The Importance of Copyright Assignments from The Startup Garage

A copyright isn’t a single right; it is a combination of rights. Copyright owners can transfer some or all of the rights. A full transfer of rights is called a copyright assignment. It’s important for start-ups to get a full copyright assignments for their logo, website, software, etc that is created for the company by independent contractors […]

Pay to Pitch? NEVER

Pay to Pitch? NEVER from The Startup Garage

Your start-up should never have to pay money to pitch to potential investors. Several “angel groups” will express interest in your start-up only to inform you later that they charge a fee, sometimes up to $5,000. Some of these wealthy angels argue that these fees act as a filter. First, a potential investor should be able to tell whether […]