Startup founders need every tool at their disposal to successfully launch and grow their businesses. One of those tools is a clear understanding of how the licensing business model can be employed to support their goals , including speed to market and filing intellectual property that is attractive to investors. The concept of licensing has been around for a very long time. The inventor of the first patented technology -- Samuel Hopkins, in 1790, for a new method of manufacturing potash and pearl ash -- licensed it to a local businessman the next year, says historian Arthur Daemmrich at the Lemelson Center for the Study of Invention and Innovation. Basically, one party (the inventor or artist) grants another party (typically a company) the right to produce and sell something they created. As far as I can tell, most startup founders aren't very familiar with the concept of licensing a product onto the market. Venturing -- the traditional method of bringing a … [Read more...] about The Benefits of Licensing for Startups.
Colon hydrotherapy benefits and risks
Three Low-Risk Ideas For Investment Immigration To Canada
Share to Twitter Share to Linkedin By Feruza Djamalova, co-founder and senior business immigration lawyer of Sobirovs Law Firm . Investment immigration to Canada is a popular topic these days. Many investors and entrepreneurs worldwide are increasingly choosing Canada as their destination for doing business and growing their investment portfolio. Perhaps one of the most frequently asked questions is, “What is the safest way to invest in a business in Canada?” In this article, I want to share some ideas on how foreign entrepreneurs and investors can reduce risks when investing in a business in Canada. My suggestions are based on my observations of our clients’ investment immigration journey and should not be considered legal advice. Business Investment Strategies For Immigration And Profit Below are my top three investment strategies for foreign entrepreneurs who want to invest in Canada. 1. Look beyond a company’s books and … [Read more...] about Three Low-Risk Ideas For Investment Immigration To Canada
Go For It: How Success And Risk Go Hand In Hand
Share to Twitter Share to Linkedin Robert W. Bache (aka "Medicare Bob") is founder and chief of sales for Senior Healthcare Direct , an AmeriLife company. For any successful entrepreneur, risk-taking is a must for true success. When I think about taking risks, I picture myself early on in my career in the insurance industry when I decided to take a chance on a new business venture. My wife was six months pregnant with our second child at the time, and I’d been working as an insurance agent for the last three years, bringing home a steady paycheck. We had stability and the comfort of a familiar routine. The last thing my wife wanted was for me to shake things up. But that’s exactly what I did. I told her I was going to leave my job and open up my own agency. At the time, I knew I’d learned as much as I could at my current job. I wanted to be an entrepreneur. I told my wife that if I didn’t take my chance and pursue my passion now, I wasn’t … [Read more...] about Go For It: How Success And Risk Go Hand In Hand
RBI repo announcement: Exporters say banks not passing on benefits of low interest rate to businesses
Representative image While the Reserve Bank of India’s lower interest rate regime is intended at supporting growth for industry facing a liquidity crisis, banks are still not fully transmitting the benefits of the rates to exporters and end-customers at large, exporters say. On April 7, the RBI’s Monetary Policy Committee voted to maintain the repo rate at 4 percent and reverse repo rate at 3.35 percent. The RBI has now kept the key interest rate (repo) unchanged for the fifth consecutive meeting. The last time the repo rate was changed was in May 2020, when it was cut from 4.40 per cent to 4 per cent. The Repo Rate is the rate at which commercial banks borrow short-term money from the RBI. The government has kept the repo rate low with the understanding that as a result of the lower cost of securing funds, banks will provide cheaper loans to citizens. Under the Reverse Repo Rate, banks deposit excess funds with the RBI and earn interest for it. However, arguing that the … [Read more...] about RBI repo announcement: Exporters say banks not passing on benefits of low interest rate to businesses
Is The White House Underplaying Inflation Risk? Here’s What The Experts—And Markets—Are Saying
Share to Twitter Share to Linkedin Biden officials and the Fed insist inflation is no big threat, but investors seem to be bracing themselves anyway. In a pre-recorded interview with The Atlantic’s Future Economy Summit released Tuesday morning, Treasury Secretary Janet Yellen indicated that if President Biden’s multi trillion-dollar spending plans are enacted by Congress, “it may be that interest rates will have to rise” to prevent the economy from overheating. It was the most overt acknowledgement to date by a Biden administration or Federal Reserve official that inflationary pressures exacerbated by unprecedented federal stimulus spending and a coming consumer boom might actually harm the economy. Markets dropped briefly following Yellen’s comments. Edward Moya, a senior market analyst at OANDA, a foreign exchange broker, described the remark as a “big oops”—until now, the White House and Federal Reserve have been consistent about careful … [Read more...] about Is The White House Underplaying Inflation Risk? Here’s What The Experts—And Markets—Are Saying
You Don’t Have to Starve Yourself for Days Like Jack Dorsey to Get the Benefits of Fasting
When Jack Dorsey announced on Twitter a while back that he sometimes doesn't eat for days , healthy eating advocates responded with a howl of outrage. But even though Dorsey's routine may be extreme, he's certainly not alone in his fascination with "intermittent fasting." "Eating is so last season" According to its many Silicon Valley backers, fasting isn't just a new trendy take on the good, old diet (or anorexia in disguise). It's a science-backed way to promote increased health and productivity. "Eating is so last season; these days all the cool kids fast," joked Arwa Mahdawi in a UK Guardian article chronicling the newfound obsession with not eating in Silicon Valley "where a number of high-profile tech execs extol the transformative power of extreme fasting." The Atlantic has also covered the tech industry's obsession with the idea. The claims of fasting fans aren't entirely baseless. Years of research have shown that calorie restriction increases … [Read more...] about You Don’t Have to Starve Yourself for Days Like Jack Dorsey to Get the Benefits of Fasting
How A Crazy Idea Was Transformed Into A Global Health Advancement
Share to Twitter Share to Linkedin There is an important, but little-known safety feature of our food supply – we can enjoy foods like peanuts, tree nuts, and corn meal without being exposed to a poisonous and carcinogenic natural chemical called “aflatoxin” that is produced by a fungus called Aspergillus that can infect those crops. In the developed world we are protected from this toxin because our farmers employ diverse control measures to minimize this kind of infection during the growing season, and after harvest there are detection and sorting protocols that exclude contaminated lots from the food and feed supply. Millions of people in Africa are not so fortunate. Their staple food crops like maize and groundnuts are frequently contaminated with aflatoxin, leading to high rates of liver cirrhosis, cancer, childhood stunting, and even death by acute poisoning. Many of the control and exclusion strategies used in the developed world’s food system aren’t … [Read more...] about How A Crazy Idea Was Transformed Into A Global Health Advancement
After The Forum
This article first appeared in City & Country, The Edge Malaysia Weekly, on July 25, 2022 - July 31, 2022. - A + A Additional questions from those who attended The Edge Malaysia RealTalk 2022 were sent via email after the event. Here are the responses from the speakers. Anthony Lee 1. I was recently informed by the joint management office that the unit on the 15th floor has a water leak and it is due to water dripping from the common toilet. May I know who is responsible for repairing this sewerage pipe/water leak? In strata properties, water leaks or seepages that emanate from a higher floor that affect the floor below may be termed as an inter-floor leakage. The source of water leakage is usually the bathrooms, toilets, sewerage, water pipes or roofing, resulting in water stains, paint damage, mould or bio-hazardous wastewater. Unfortunately, inter-floor leakage has become a serious and recurring systemic problem in high-rise … [Read more...] about After The Forum
What Drives A Successful Enterprise API Strategy?
Share to Twitter Share to Linkedin Rakshith Rao is cofounder and CEO of Apiwiz , a low-code API lifecycle management platform. APIs are the joints of an enterprise. APIs provide extensibility, stability and the capability to move data and workloads around. They let you reach new functionality without growing from scratch. They connect systems and processes together, driving holistic benefits across an organization. However, like the human body, APIs can become stiff without proper care from day one, and you can lose more than your balance. We previously covered what you need to know before you expose your APIs. Today, we'll talk about how to design a flexible yet strong API strategy. API-First Design Just because it could be an API, should it be? Usually, yes. APIs are a successful composable technological paradigm that acts as the backbone of all digital transformation, including microservices, the cloud and the Internet of Things. … [Read more...] about What Drives A Successful Enterprise API Strategy?
Are You Purchasing From Unauthorized Sources?
Share to Twitter Share to Linkedin Dave Vasko is the senior director of advanced technology at Rockwell Automation . If product price and availability seem too good to be true, think twice before buying. For some, it’s hard to beat the allure of gray market prices and availability. Here’s why relying on questionable sources can hurt your company’s reputation and put your operations at risk. The purchasing of products from unauthorized resellers and counterfeiters has increased due to recent supply chain interruptions. The inability to source electronic products has made it lucrative for these resellers to sell old, used and counterfeit products that are advertised as “new.” This problem is not unique to one company or industry. According to the Alliance for Gray Market and Counterfeit Abatement (AGMA), the U.S. Chamber of Commerce estimates that billions of dollars worth of tech products are being fraudulently acquired and/or sold on the … [Read more...] about Are You Purchasing From Unauthorized Sources?