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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. If they won’t do it, they why would I as stranger invest in you?

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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.

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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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10 Sure Ways to Get Your Plan Trashed by Investors

Startup Professionals Musings

Every investor is annoyed by persistent messages that say “Give me a call to hear about the most disruptive technology since the wheel.” You can bet that if he ever sees a real business plan from you, it will go to the bottom of the pile. Asking him to check out your website first and comment is equally bad. Stick to laymen’s terms.