Startup Professionals Musings

SEPTEMBER 30, 2013

A team of friends and family that work for free on weekends is not likely to impress investors, unless they ARE your investors. Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Startup Professionals Musings

AUGUST 31, 2012

A team of friends and family that work for free on weekends is not likely to impress investors, unless they ARE your investors. Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Startup Professionals Musings

JUNE 17, 2011

A team of friends and family that work for free on weekends is not likely to impress investors, unless they ARE your investors. Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Startup Professionals Musings

MAY 22, 2010

A team of friends and family that work for free on weekends is not likely to impress investors, unless they are your investors. Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

Startup Professionals Musings

DECEMBER 11, 2010

Many startups have an advisory board of sympathetic people with industry expertise, or people who enjoy mentoring, or people who donate a few services on the come. Once you take investment, you will also have a fiduciary board, with the responsibility of making the company successful. All problems will go away.

Advisory Board 233

Advisory Board Cofounder Phoenix Arizona 233

Startup Professionals Musings

AUGUST 13, 2012

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” No investor wants to wait that long for his payback, or fund the years of waiting.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

MAY 13, 2011

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” No investor wants to wait that long for his payback, or fund the years of waiting.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290