business contracts

Interview Phil Crowley.

Philip P. Crowley, is a dedicated attorney who has been handling legal matters for pharmaceutical, biomedical, medical devices, information technology and other technology companies for over 30 years. He has also spent nearly 25 years on the board of trustees of the Stevens Institute of Technology, with substantial involvement in the oversight of academic innovation and entrepreneurship.

Talking Points from Phil Crowley on How Startups
With Great Technology Can Often Fail:

Having great “ground-breaking” technology is one requirement for success in the tech world. But there are obstacles to success that entrepreneurs ignore at their peril. Here are five of them:

Failure to form and appropriately use a limited liability vehicle, a corporation or limited liability company—without this the founders put their own personal assets at risk. Losing that “seed capital” (e.g., savings and checking accounts) can doom an enterprise.
Continue reading “Starting a New Biz in 2020? 5 Reasons Why Startups With Great Technology Fail”

Interview Carol Barkes

Carol Barkes is a trend-setting mediator, business executive and educator specializing in the use of neuroscience to improve business performance, interpersonal communications, negotiation and conflict resolution processes for optimally successful results.

Talking Points From Carol Barkes On How to
Negotiate a Business Contract:

Contracts are often standard, have been drafted with legal jargon by corporate attorneys, and are meant to work for the majority of circumstances. That being said, a contract does not always fit perfectly for every situation. If they don’t, they can often be modified when it makes sense. The secret is to ask. If you don’t ask, the answer is always, “no.” Read contracts carefully to make sure the contents fit the circumstances. If not, start a conversation about the areas of concern. They can often be mitigated and are best addressed before anything goes wrong.

Continue reading “Read This Before You Sign That Contract”