From the Tech Entrepreneurs Guidebook there was a lot of info to digest. Approximately 88 pages of digestion. But the info is good and useful if you are trying to start a business.
For instance, after the statistics page of IPO's and failure, they tell you how to write a good business plan. It is a very long process starting with the executive summary. The summary appear to be one of the most crucial parts of the plan. "If they don’t get most of the information they are looking for in under one minute, your business plan has high chances of being filed under 'never'" (p. 6). The rest of the section about writing a business plan involves a company description, the market size, technology description, competition, sales/revenue generation, finances, and management.
But one of the most important bits of information i found in this guidebook is the legal part. It seemed like professor Fry couldn't emphasize how important getting an LLC is to a company. Also it is important to protect your intellectual property as well as your physical property. The guidebook explains all about copyrights, patents, trade secrets, and protection by private contract.
Oh and taxes are a bitch.
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