Why I Don’t Sign NDA’s

Asking angel investors to sign a non-disclosure agreement makes you look like an amateur.

Never ask a venture capitalist to sign a non-disclosure agreement (NDA). They never do. This is because at any given moment, they are looking at three or four similar deals. They’re not about to create legal issues because they sign a NDA and then fund another, similar company–thereby making the paranoid entrepreneur believe the venture capitalist stole his idea. If you even ask them to sign one, you might as well tattoo “I’m clueless!” on your forehead. – Guy Kawasaki

Let’s explore this further:Continue reading…

How to DeBunk an “Expert”

I talk with dozens of business owners and aspiring Internet entrepreneurs every week. Yesterday a prospective client asked me:

There’s so much information out there and so many people claiming to be “Internet experts”, how do I know who to listen to?  Given my uncertainty, what’s the one piece of advice you’d give to someone in need of guidance who is new to the online business world?

My answer was that besides already having an excellent product or service and a realistic budget to work with; find someone with lots of experience!Continue reading…