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Start-up News Roundup for December 21st

Posted December 21, 2010

Hints for your end-of-year legal items (written by me), news from the SBA about their lending program, advice about how to avoid burn-out, and  a discussion on starting your new business part-time at first. Let us know what items are valuable to you.

  • Start-Up End Of Year Legal To Dos – Charley Moore, Founder and CEO of Rocket Lawyer discusses the legal “loose ends” many startups should not forget to complete before the close of 2010.
  • Starting a Part-Time Vs. Full-Time Business – Even if you ultimately plan to run your business full-time, starting on a part-time basis can offer several advantages. It reduces your risk because you can rely on income and benefits from your full-time job. It also allows your business to grow more gradually.
  • New SBA lending program promising approval in minutes – The Small Business Administration has announced an all new “Small Loan Advantage and Community Advantage Loan Initiatives”  program.
  • How to Avoid Burning Out At A Software Startup – “Working in a software startup is hard. You will work incredibly long hours, and you will work harder than you thought you were capable of working. Not only that, but the software you write will break, and when it does the only person responsible for fixing it is you. There’s a lot of pressure resting on your shoulders in a startup, pressure to succeed, pressure to perform.” So the ultimate question is, how do your protect your biggest asset: you from burning out?
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