article thumbnail

7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. In fact, Michael Dell privatized his company again in 2013 for a few years, in his words to “unleash again the passion of our team members.”

Cost 267
article thumbnail

7 Startup Risks That Come With Other People’s Money

Startup Professionals Musings

One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. In fact, Michael Dell privatized his company again in 2013 for a few years, in his words to “unleash again the passion of our team members.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Next Generation Of Funding For The Next Generation Of Entrepreneurs

YoungUpstarts

By Ingrid Vanderveldt, Dell’s Entrepreneur-in-Residence. With new crowdsourced fundraising operations like Kickstarter and IndieGoGo , entrepreneurs are finding that they might be able to rely on the kindness of thousands of strangers who are willing to invest in their ideas. It’s the paradox of the modern startup.

article thumbnail

Best of Breed

thebarefootvc

Larger companies such as IBM and SAP that had enterprise-wide deployments would offer some solutions around these pain points, but entrepreneurs claimed that these were not sufficient, and that the emergence of the Web and server technology made some of the legacy software inefficient, inadequate and obsolete. Fast forward to 2013.

article thumbnail

5 Key Tests When Assessing Your Business Idea

YoungUpstarts

Many entrepreneurs start with their product, their solution, without deeply understanding the customer problem, from the customer perspective. I have found that the best ideas come from entrepreneurs with this magic combination of specialized knowledge, passion, and customer need. First, build an advisory board.

article thumbnail

The Entrepreneur’s Essentials #11: New Year’s advice for middle-aged people

Austin Startup

As I mentioned at the beginning of this series/ebook, over the years I’ve noticed that I tend to frequently share certain Lucky7 posts with entrepreneurs we’ve backed , team members at data.world, or other startup investors I know. So I’m packaging the best of them up for you here in a new series called The Entrepreneur’s Essentials.

article thumbnail

The Entrepreneur’s Essentials #16: The importance of reference checking

Austin Startup

As I mentioned at the beginning of this series/ebook, over the years I’ve noticed that I tend to frequently share certain Lucky7 posts with entrepreneurs we’ve backed , team members at data.world, or other startup investors I know. So I’m packaging the best of them up for you here in a new series called The Entrepreneur’s Essentials.