article thumbnail

Critical Considerations for a Startup Advisory Board

Startup Professionals Musings

A properly built advisory board can be a huge strategic advantage to any company. On the other hand, an advisory board put together haphazardly can be the biggest mistake for a company in the early stages of business. How do you avoid the advisory board death spiral? Select the right board member.

article thumbnail

10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

Entrepreneurs who are looking to attract investors need to develop and pitch a plan -- preferably written -- that answers every potential investor question about your startup before it is asked. Include advisory board member qualifications and key industry connections. Investors invest in people more than the idea.

Insiders

Sign Up for our Newsletter

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

article thumbnail

These 10 Key Elements Make a Business Plan Fundable

Startup Professionals Musings

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Investors invest in people - not just ideas. Exit strategy.

article thumbnail

Investors Expect Ten Essentials in a Business Plan

Startup Professionals Musings

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Investors invest in people - not just ideas. Exit strategy.

article thumbnail

These 10 Key Elements Make a Business Plan Fundable

Gust

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Investors invest in people – not just ideas.

article thumbnail

Ten Tips for an Investment-Grade Business Plan

Startup Professionals Musings

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Investors invest in people - not just ideas. Exit strategy.

article thumbnail

The new Berkus SMALL BUSINESS SUCCESS COLLECTION – eBooks and books

Berkonomics

Announcing EIGHT new mini-books and eBooks by Master Entrepreneur, Dave Berkus , just released by The Berkus Press. How to construct an effective board. Advisory boards. How to pay board members. Advice for boards and CEOs. Legal requirements of a board. What to expect in time commitments.