Despite the fact that an entrepreneur has invested a lot of time and money into a startup, there is no guarantee that it will be a success. However, there are lessons that business owners in Colorado and elsewhere should take to heart to improve their chances of future success. For example, it can be much easier for a company to achieve success when the founder offers a product or service that they love.
How to overcome early failure as a business owner
U.S. Supreme Court considers copyright registration question
Creators in Colorado depend on registration at the U.S. Copyright Office to protect their ownership of intellectual property. A case that hinges upon when copyright registration actually takes place is now before the Supreme Court of the United States. The Justices must reconcile the differing views about registration that emerged from lower courts to determine an infringement case's ability to go forward.
Startups continue to seek venture capital
Many Colorado startups and their founders look toward venture capital as a way to power their businesses and provide the funds they need to become strong players in the market. Funding a business can be a major challenge, yet it is critical for hiring employees, developing products and overtaking competitors. Some people may rely on their own savings, but few have the resources to fully fund a startup. Therefore, many people look to early investment to provide substantial contributions to new businesses, especially tech firms and creative projects.
Intellectual property infringement
Intellectual property infringement may refer to violation of a copyright, a trademark, a patent or a trade secret. However, each of these is different. A person who has written something that is published or unpublished, including a novel, a television show or website, generally owns the copyright. If someone else takes the work and claims it as their own without permission, this is copyright infringement.
