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It's funny but these are mostly the reverse of what you want to do when closing deals with customers or business partners (vs.investors): 1. Focus on the oppor
by skmurphy 17y ago
It's funny but these are mostly the reverse of what you want to do when closing deals with customers or business partners (vs.investors):
1. Focus on the opportunities that are in front of you.
2. Establish a working rapport with the customer/partner, a deal should be the start of a long and mutually beneficial relationship.
3. Maintain your balance, burnout is much more of a risk than losing any one deal in this environment.
4. Don't get into an adversarial relationship with your customer/partner.
5. Focus on reaching a business agreement, lawyers can advise you on business risks, but in the end it's the entrepreneur's call what risks to take.
EDIT: This post is not representative of the tone and quality of those on his website http://walkercorporatelaw.com/ http://walkercorporatelaw.com/ here are two that are much more useful:
http://walkercorporatelaw.com/startup-issues/ask-the-attorney-founder-vesting/ http://walkercorporatelaw.com/startup-issues/ask-the-attorne...
http://walkercorporatelaw.com/angel-issues/angel-financings-legal-tips-for-entrepreneurs-part/ http://walkercorporatelaw.com/angel-issues/angel-financings-...
- SWalker26 17y agonot sure my post is inconsistent with anything here. all i'm saying in a nutshell is (i) create a competitive environment, (ii) be disciplined, (iii) work hard, (iv) diligence the guys on the other side of the table and (v) get a good lawyer/advisor to watch your back. yes, i tried to mix-up the tone for venturehacks. thanks, scott