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8 Keys To That First Investment From People You Know

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

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7 Attributes of An Entrepreneur's Startup Dream Team

Startup Professionals Musings

Business credentials and functional coverage. Even if your product is a technological marvel, I look for balanced strength on the team in finance, marketing and operations. It starts with having a vision and an ability to get the message across in your elevator pitch, in a written business plan and one-on-one with potential investors.

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Will Your Startup Get Venture Capital or IPO in 2013?

Startup Professionals Musings

The market and venture capitalists are looking for business, but with a continuing focus on proven business models. Here are some key action items that may give your business some visibility: Start with an investment-grade business plan. Practice every step, including the elevator pitch to get the first meeting.

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8 Guidelines For Friends And Family Startup Funding

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. business entrepreneur family fools friends funding startup'

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8 Key Actions for Entrepreneurs Needing Early Money

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

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Early-Stage Startups Need Friends, Family, and Fools

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 300