One mistake that many young entrepreneurs make is to succumb to the allure of exclusivity. They sign a worldwide licensing deal that's ten years long. But in the process, they inadvertently become a subsidiary of the larger company without ever being paid for it.
"John Hession" was an American Shooting sport/sports shooter. He competed in two events at the 1908 Summer Olympics.
More John Hession on Wikipedia.If a company like IBM signed an exclusive deal but blew its sales thresholds, would Sun really pay the same price for the technology, knowing that its competitor has a year's head start? You don't want to trade too much for that large company support.
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