While there are often investments that should be made upfront,
often times new founders and new startups will waste money and time on things that they shouldn't. I sure know I did during my first go-round. Don't make my mistakes. Here are three things you should put off as long as possible:
Don't incorporate until you're playing with Other People's Money.
There are two kinds of other people's money. The first is Other People's Money -- investment dollars from outside sources: friends, family, angels, VCs, certain grants, and so forth. The second kind of other people's money is even more important -- paying customers.
To read the full, original article click on this link: Three Things Your Startup Should Put Off As Long As Possible
Author: Sachin Agarwal
