Remove Business Model Remove Elevator Pitch Remove Startup Remove Technology
article thumbnail

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. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait.

article thumbnail

7 Attributes of An Entrepreneur's Startup Dream Team

Startup Professionals Musings

Building a startup business is not the same as corporate executive experience, so prior titles in a big business may actually be seen as a negative. On the other hand, having failed in an earlier startup may be an advantage, if positioned properly, and some learning is evident. Focus on prior results, not titles.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait. Don’t be one.

article thumbnail

Will Your Startup Get Venture Capital or IPO in 2013?

Startup Professionals Musings

Based on the final report for 2012 from Thomson Reuters and the National Venture Capital Association (NVCA), it may appear that IPOs are back as a viable startup exit strategy. The market and venture capitalists are looking for business, but with a continuing focus on proven business models.

article thumbnail

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. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait.

article thumbnail

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. If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait.

article thumbnail

7 Ways To Get Satisfaction From Your Next New Venture

Startup Professionals Musings

Yet I believe that business success is more a function of the person than the idea or the plan, so the best idea is one that is a best fit for you, and only you can assess that. Don’t pick a technology idea that someone else believes will make you rich and famous, or a business area you are not intimately familiar with.