“Law for Startups” featured in The Edge

Look out for a full-page feature on my book “Law for Startups: What You Need to Know When Starting a Business” in this week’s The Edge!

Here are some screenshots from the digital edition.

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Announcing my new book “Law for Startups”—available in all major bookstores!

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I’m delighted to announce that my new book Law for Startups: What You Need to Know When Starting a Business will be available in all major bookstores from January 2017.

I’ve worked very hard together with my publisher, MPH Group Publishing, on this book throughout 2016, and the entire process—from ideation, to securing the publishing deal, writing the manuscript and sending it through the rigorous editorial process, through to the book design resulting in the end product that will be in stores—took less than a year.

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5 dangerous intellectual property mistakes that might kill your startup

This post by Chua Sher Hann is the first-ever guest-post on The Malaysian Lawyer.

image - 5 dangerous intellectual property mistakes that might kill your startup

The last few years saw a proliferation of startups in Malaysia. You can eat your Dah Makan lunchbox, then GrabCar to your KFit class decked in your Ash Be Nimble active wear. If you are an aspiring entrepreneur or the founder of a fresh startup, you must be extremely careful when navigating the intellectual property minefield, and not overlook the importance of securing the intellectual property rights of your business.

Unless you’re someone like Jeffri Cheong of Kaodim (who was an intellectual property lawyer prior to co-founding the services platform which recently raised USD 4 million in its Series A round) and already have a solid understanding and knowledge of intellectual property, please read on.

Here are five common intellectual property mistakes that startup founders make.

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Draw your own map

Sometimes, you need to ignore what the world tells you.

The world — family, friends, colleagues, acquaintances, and people you may never speak to more than once — often have good intentions, but most of them speak the language of conformity.

Of the known.

Of their knowns.

Often, to the world, the best path is the path they themselves took. As if life was that simple, that dull — everyone taking the same path.

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How startups can strive for clarity in contracts

This post is a part of a series based on my Law for Startups workshop at MaGIC in September 2015. It’s a basic introduction to legalities for startup founders. You can access the slides here.

Read the earlier posts for context:

  1. Law for startups in Malaysia — building on the best foundations.
  2. The legal landscape in Malaysia for startups — a hybrid of traditional corporate practices and Silicon Valley models.
  3. Choosing the right business vehicle for your startup or small business in Malaysia.
  4. When should a startup hire a lawyer?
  5. Oversights which could destroy your startup or small business.
  6. The dangers of using “standard” or template legal documents.

A couple of posts ago, I explained the importance of bringing all the issues to the surface when reviewing contracts. This post will explain how to strive for clarity in contracts.

Turn to clear image.
Turn to clear vision.

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The dangers of using “standard” or template legal documents

This post is a part of a series based on my Law for Startups workshop at MaGIC in September 2015. It’s a basic introduction to legalities for startup founders. You can access the slides here.

Read the earlier posts for context:

  1. Law for startups in Malaysia — building on the best foundations.
  2. The legal landscape in Malaysia for startups — a hybrid of traditional corporate practices and Silicon Valley models.
  3. Choosing the right business vehicle for your startup or small business in Malaysia.
  4. When should a startup hire a lawyer?
  5. Oversights which could destroy your startup or small business.

Template and automated legal documents are increasing in popularity.

For years there have been many websites offering standard contracts for download. Most of these have a US/European law focus, but the past couple of years have seen some similar services launched in Asia.

Some of these websites offer a very comprehensive collection of legal documents which address the needs of startups and small businesses in particular — everything from NDAs to equity investment agreements are available for download, usually with a fee.

Say no to cookie-cutter contracts.
Say no to cookie-cutter contracts.

My cover slide for this part of the workshop reads: “Be very very very very careful when using standard contracts” — I’m not sure whether I should have added a few more ‘very’s to statement.

Business owners should be extremely cautious when using these legal documents.

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Choosing the right business vehicle for your startup or small business in Malaysia

This post is a part of a series based on my Law for Startups workshop at MaGIC in September 2015. It’s a basic introduction to legalities for startup founders. You can access the slides here.

Read the earlier posts for context:

  1. Law for startups in Malaysia — building on the best foundations.
  2. The legal landscape in Malaysia for startups — a hybrid of traditional corporate practices and Silicon Valley models.

One of the earliest decisions that a startup or small business founder will have to make is choosing the right business vehicle through which the business/idea will be carried out.

Business vehicle options

The most common business vehicle options in Malaysia are —

  1. sole proprietorships / partnerships;
  2. private limited liability companies (Companies / Sdn Bhd); and
  3. most recently, the limited liability partnership (LLP).
Unfortunately, Elon hasn't made this vehicle available in Malaysia yet.
Unfortunately, Elon hasn’t made this vehicle available in Malaysia yet.

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