IP Precautions for Start-Up Companies

#1: Failure to have an IP Strategy
-Defensive: How will I protect my business from third party claims?
-Offensive: How will I stop latecomers from stealing my ideas/business model/customers?
-Financially Viable: IP Strategy has to balance IP needs with available funding.
-Industry Partners: Risks and benefits.
-Implementation: Taking the necessary steps and documenting same on a timely basis.
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