In their start-up phase, companies often have myriad questions—which, to make things worse, typically all come at once. As a result, it is easy to lose sight of the wood for the trees. Creating order is often the first step to take: Which are our priorities, and what can wait? In this phase, wrong choices are quickly made and may cause trouble down the road.
Especially when it comes to protecting and managing intellectual property rights, avoidable mistakes often occur. For example, poor drafting of agreements between founders or third parties is a well-known problem.