Thinking of starting your own business in high-tech? Do yourself a huge favor by reading this book first! The authors, both veterans of many start-ups, address topics vital to your start-up success, such as: - Finding start-up opportunities
- Leaving your current employer but keeping your ideas
- Protecting your intellectual property
- Managing the five critical elements of a successful start-up
- Securing start-up financing
- Dealing successfully with venture capitalists
- Writing a winning business plan
- Creating a management team
- Handling employment and compensation--who to hire and how to pay them
- Avoiding the most common mistakes entrepreneurs make
- Understanding company valuation and exit strategies
James Swanson and Michael Baird lay out all the basic concepts clearly, step by step. They demystify the start-up process with frank advice, insiders' tips, and "been there" examples. On-point case studies show you what to do--and what to avoid. An expanded list of resources steers you to help when you need it. You'll learn what it takes for you to create and manage a start-up, and the personal characteristics required to be successful in your new venture. In good economies and bad, entrepreneurs will continue to lead the way to new markets, new ventures, and new technologies. With this comprehensive new guide, you have a great start to start-up success!
Author: James A. Swanson
Author: Michael L. Baird
Publisher: Professional Publications, Inc.
Customer Reviews
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If you are serious about being a High-Tech Entrepreneur
An excellently written book that covers all the bases if you want to be a founder in High-Tech and need guidance this is the one book you must have. I've bought this book not only for myself but copies for co-founders. If you have been approached to join a start-up get this book it will answer all your questions regard the rewards and the risks.
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Sage advices throughout
As a trusting reader of the 1st edition "Engineering Your Start-up" since 1999, even I have other books in my collection, I still turn to it from time to time.
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<br />The authors graciously placed their updated materials on the Web for a long time, and I consulted the resources from time to time.
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<br />Nevertheless, I think I will buy the 2nd edition soon. Nothing beats the feeling of having a well written book in hand. In passing I'd like to say that the 1st Ed IMHO still offers sage advices tough to get elsewhere.
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Read This Before Visiting a VC
This book's special expertise is about designing the financing of your startup!
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<br />A few years ago when I did a business plan for a technology start-up, the first edition of this book was my source for planning for equity participation for founders, employees, VCs, and the public from founding through IPO. When this second edition came out, I bought it to pass along to a friend in the early stages of a startup.
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<br />If you are a technical member of a startup, you must read this unless you are already sophisticated in the financing of startups. Don't talk to a VC until you have studied this book.
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<br />The title is the key. "Engineers" and other technical types will find this a quick and interesting book. And if you are going to play "Monopoly," you must at least know the basic rules first. This is how the game is played in Silicon Valley! If you don't, you will not pass GO and will not collect $200.
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