The best attorneys aren’t just legal experts who tell you what you can or cannot do according to the laws at hand; often, they’re also strategic, analytical business advisors with a valuable perspective that extends beyond the ever-important “legal.”
For this piece in its Startups series, JD Supra asked its contributors (many of whom are leading legal experts in their industries) for a broader view: over the years working with entrepreneurs and inventors, what have you seen as an essential attribute to startup success?
Philip Amoa, a member of McCarter & English’s Corporate, Securities and Financial Institutions Practice Group, says that entrepreneurs often go through a phase of asking questions and that the continuous process of asking questions—and getting the answers to them—allows them to learn and develop. He added that entrepreneurs should remain as intellectually curious as possible in all matters affecting their business for the life of their business, whether on the technical side or in operations. “Curiosity that extends beyond just building a product is a necessary part of making the well-educated and balanced decisions that keep a venture running,” he said.