What Startup Founders Might Consider Before Seeking VC
Tuesday, 05 November 2019
Venture Capital seeks opportunity, not a sales pitch. The mindset to have is that you don’t want to have to seek VC, you want investors to seek you. Of course, that doesn’t mean you won’t have to do the work and start the conversation; it’s a mindset – what are you doing to build the
- Published in Startups
32 Comments
Do Startups Not Need to Be Profitable?
Wednesday, 14 August 2019
We’re in this really weird era as Silicon Valley creeps out to the rest of the world, in which investors elsewhere, traditional business owners, and the like, keep advising everyone to, “focus on customers,” “it’s all about revenue,” and questions such as this. Startups never needed to become profitable. Venture Capital investors fund EXITS Grants fund
- Published in Insights / Research, Search
The 5 Reasons Investors Pass on Startups
Monday, 10 June 2019
Is it that simple? Let’s try… I’ve explored before HOW startups fail and article after article after article ponders why they fail. I hope we can agree on a simple fact that IF a startup is going to fail, investors would rather not be involved. Yes? So might it be as simple? Investors consider countless
The Rookie Mistake Investors Make Getting into Venture Capital
Tuesday, 02 April 2019
Venture capital investing is the riskier version of gambling in Las Vegas. Truly. 90% of startups fail. FEW are experienced with discerning any difference between those likely to fail and those not. What’s the rookie mistake in venture capital investing? Being a rookie. Without experience in startups, your odds are against you as much as
- Published in Insights / Research, Startups
Before You Start, Define the Outcome
Sunday, 10 March 2019
How do you determine when your business is going to be successful? When it meets your definition of success. Many, I’ve found, start businesses thinking forward; the test and validate, customer feedback oriented development. I have a hypothesis or a business I want to start, what do I do first? That’s generally actually bad idea because every
- Published in Startups
How Startups and Small Businesses Differ When it Comes to Funding
Monday, 04 March 2019
Funding doesn’t determine a startup from a small business; the nature of the business determines the funding. Twist of logic perhaps, so let’s explore it. Very frequently, I find small businesses looking to raise venture capital; let me cut to the chase that such efforts are almost always wasting their time. The distinctions between small
- Published in Startups
Funding a Venture Before Angel Investors
Monday, 04 March 2019
This is a tough question to broach with entrepreneurs but it’s one that comes up almost daily. From where does the money come to start?? There is a reason most entrepreneurial success is found by people in their 40s… being able to leverage a network, drawing from experience, and having the money available to start
- Published in Startups