Startup Professionals Musings

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Grant Applications Often Provide Early-Stage Funding

Startup Professionals Musings

A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. Of course, for speed to market, and to retain maximum control of your innovation, it’s always better to fund the R&D stage of your business yourself.

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6 Sources of Help For Early Stage Concept Exploration

Startup Professionals Musings

If you need funding for these early stage activities, I have some suggestions on better strategies to follow. In this context, there are at least six stages often included in the scope of R&D to narrow your focus: Search for new technologies. Marty Zwilling.

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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Planning for the future must be a regular activity, not just an early-stage or once-a-year event. Survival requires regular updates.

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5 Crowdfunding Approaches To Tempt Every Entrepreneur

Startup Professionals Musings

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. In fact, perhaps the most important model, equity crowdfunding for non-accredited investors was only legalized via the SEC in 2016, so its impact is still in the early stages.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It’s what separates the true entrepreneurs from the wannabes. Are you ready to start?

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Early-Stage Startups Need Friends, Family, and Fools

Startup Professionals Musings

Most entrepreneurs have learned that it’s almost always quicker and easier to get cash from someone you know, rather than angel investors or professional investors (VCs). Here is a summary of some key items to think about as an entrepreneur before approaching friends, family, or even fools: Don’t be afraid to ask, carefully.

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10 Entrepreneur Alternatives To Investor Funding

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It’s what separates the true entrepreneurs from the wannabes. Set expectations accordingly.