... Second, like I said, forget everything else and just get your product out the door. No office. No phone system. No hiring. No press. No legal muck. No raising money. No looking for partnerships (who’s going to partner with you anyway?). The success or failure of the adoption of your product is what will create 99% of the initial value of your company.If no one ever uses your product, you have no value. Oh, and for the record, raising VC does not help get traction – in another blog post, I’ll argue that if anything, it hurts. So just forget everything else and focus on what matters – getting an alpha of your product out the door and into the hands of your friends and family.
This is so key. All else I call "playing business". Proof Of Concept or nothing...
BTW, even though this is written from the point of view of an Internet/Web 2.0 start-up, it still holds true for ALL business/entrepreneurship endeavors, regardless of what you are selling.
I see e.g. so many coaches and personal development afficionados waste precious time and resources starting their business by registering trade-marks with catchy names for "systems/processes" that most of the time they didn't really invent anyway. All this stuff just slows you down.
And by the way, technically, for a trademark to remain valid, it has to be enforced. That means you'd really have to have an attorney on retainer to write cease and desist letters to people in the unlikely event that anyone gave enough of a dear to bother to misapproprate your trademark. And most people don't even know how to properly use their own trademark when it comes to the difference between using "TM" and "(R)" at the appropriate times.
What solopreneur or start-up really has time for this? Worry about paying lawyers when there is actual money reliably coming in from your product or service.
Similar issues apply to copyright, which is also fast becoming a non-issue in this information economy: The half-life of your content/information is becoming so short that it is very unlikely that any copyright issues will ever apply. You should be so lucky that anyone would bother to copy/propagate your stuff.
Compare the refreshing simplicity and grace of Leo Babauta's "uncopyright":
"...Terms and Conditions for Copying, Distribution and Modification
0. Do whatever you like." ( http://mnmlist.com/uncopyright/ )
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