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Legal Alert: NASAA M&A Broker Model Rule: On January 15, 2015, the Broker-Dealer Section of the North American Securities Administrators Association (NASAA) requested comments on a proposed uniform state model rule (the Model Rule) regarding the exemption of certain merger and acquisition brokers (M&A Brokers) from state registration requirements.1BackgroundThe registration exemption for M&A Brokers is not a new idea at the federal level. Indeed, on January 14, 2014, the U.S. House of Representatives approved legislation that would permit certain…
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Entrepreneurs as scientists? If so, how?
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I read a really interesting article today in Portuguese:
O Cientista Empreendedor – Transformando idéias em negócios
In this article, the author Venancio Velloso discusses how entrepreneurs can develop their businesses by being more like scientists. Now I am still learning Portuguese, and also you can not always rely on Google or other translators for really good quality translations, but here I think is the gist of his argument.
- Many startups create a business plan but then fail to find funding and investment for their ideas
- Could the development of a business plan be over-rated?
- The main reason why a business survives is by generating an income
- Often business plans fail to accurately reflect reality, and hence many businesses fail when predicted incomes fail to be generated
- The best way to prove a hypothesis (the assumptions in a business plan) are to test them
- One of the best examples of…
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