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The Mighty Pen

How to make the paper trail work for you

This story appears in the March 2000 issue of Entrepreneur. Subscribe »

Artistic and indefatigable, Ken K. turned his garage-based business into a multimillion-dollar outfit. But somewhere along the way, he ran into a perilous cash crunch. When a couple of crafty investors offered to bail him out, he gave no thought to the formal documents they slid across the table. He hastily signed on the dotted line, unwittingly ceding them control of the entire enterprise. Inevitably, friction developed. Within months, those same investors fired him from the company he created, throwing him out of his own office.

Never underestimate the power of paper. Here are a few ways to make the written record work for you.

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