Startup Funding
Betting on the Home Run
Angel investing requires analyzing the ability of the entrepreneur to make their business happen. Entrepreneurs who bet everything on a single home run are very poor investments. It is much better to find the “grinder” startup who is willing to do the hard work. Betting on the home run – instead of doing the heavy…
Read MoreStartup Fundraising – Pluses and Minuses
From bootstrapping to venture funds, there are many different avenues. Fundraising for a startup company often takes more skill, talent, and innovation than creating the product or service you want to deliver. I deal with IP-centric businesses where patents are a core asset, and that implies that the entrepreneur is creative, innovative, and tries new…
Read MoreHacking the business plan for startup funding
Want to start your own side-hustle business? Thinking about launching a new product line in your corporation? Both projects have the same steps. Get a basic business plan together Years ago, it was popular to have 30 page business plans that spelled out endless detail. Today’s thinking is to use “Lean Methodology” to start working…
Read MorePre-seed Funding: You Can Do A Lot Of The Work Upfront
Start with marketing – not product design. Thinking about pre-seed funding? Getting your company off the ground is a challenging task, but far too many entrepreneurs want to run before they even crawl. It is easy to imagine a busy staff of great, motivated employees working for you, money rolling in, and interviews and quotes…
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