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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

Most of these scenarios involve attracting outside investors, strategic partners, or key team members: You are the team and you don’t need outside funding. Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. You need an investor, and want to solicit professionals online.

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A Perspective On When A Business Plan Adds Value

Startup Professionals Musings

Most of these scenarios involve attracting outside investors, strategic partners, or key team members: You are the team and you don’t need outside funding. Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. You need an investor, and want to solicit professionals online.

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How Many Entrepreneurs Really Need a Business Plan?

Startup Professionals Musings

Let’s look at some common scenarios, and put this into perspective for entrepreneurs: You don’t need or want investors or a loan. With bootstrapping, no business plan is expected by anyone. You need an investor, and want a document to mass-mail to everyone. You need an investor, and want to solicit professionals online.

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If You Need Angel Investors, Avoid These Startups

Startup Professionals Musings

We are talking about angel investors here, meaning people who invest their own money in early-stage startups for a share of the equity. This is definitely the space for bootstrapping and personal networking. Angel groups almost never supply financing for real estate purchases, or personal loans. Real estate.

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ProfessorVC: What does it take to be an Angel Investor?

Professor VC

What does it take to be an Angel Investor? To the SEC, it means that you are an accredited investor and To the man (or woman) on the street, a minimum qualification would seem to be an interest and ability to invest in early stage ventures. I think this sentiment has given angel groups a bad name. ProfessorVC.

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Starting Startups - Startups and angels: Along the way to success

Tim Keane

Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC.   Some angel groups charge you money to pitch your idea to them.    Individual angels can get sucked into situations that a group's experience might have avoided. 

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Make Sure Your Startup Domain is Investor Friendly

Startup Professionals Musings

We are talking about angel investors here, meaning people who invest their own money in early-stage startups for a share of the equity. This is definitely the space for bootstrapping and personal networking. Angel groups almost never supply financing for real estate purchases, or personal loans. Real estate.