Ever since the term “Lean Startup” entered the business lexicon in 2008, businesses have followed a consistent trajectory: go flat or go home. The lean startup methodology follows the philosophy that if startup companies invest their time in building products/services to meet needs of early customers, they can reduce market risks and sidestep the need for large amounts of initial project funding.
While growth is essential to a startup’s success, rapid and uncontrolled growth can often lead to unintended changes or mistakes. When a company begins onboard employees and build new teams, it’s important for the company culture to remain intact.
Legal technology blog Prism Legal profiled the expansion of Founders Workbench’s online legal services for emerging companies through a newly-established partnership with Shoobx.
For young entrepreneurs and startup founders, innovation has become a key buzzword. While a few companies – Apple, Google, Uber, etc. – are famous for their innovation, it’s just as possible to create innovation in smaller industries and within smaller companies.
If you were seeking venture capital funding in the fourth quarter of 2016, CEO and tech entrepreneur Mark Woodward feels your pain. When his company began Series D funding in September, Woodward couldn’t predict that the market would drop and that funding would drop 30 percent.
Founders and startup leaders have insanely busy schedules, and – despite the best efforts to prevent it – even the most important projects can get lost in the shuffle.
Hiring your first group of employees for your new company can be just as daunting as it is exciting. Trusting others with your company can be a big step for any founder, even without worrying about hiring the wrong person.
Goodwin partners Duncan Greenhalgh and Theresa Kavanaugh discuss some common mistakes that emerging Life Sciences companies can make when seeking patent protection for their inventions, including disclosing too much information on the innovation before securing a patent, and submitting too little information to the patent office.
While startup founders and leaders begin full of optimism and energy, busy calendars and stressful meetings can make even the most hopeful of entrepreneurs tired and stressed.
Founders Workbench Advisory Board member, Katie Rae has recently been named President and CEO of the Engine Accelerator, a MIT initiative to provide money, mentorship, and workspace to entrepreneurs developing world changing ideas that might have difficulty attracting backing from investors focused on a quick payback.