Startup Professionals Musings

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The Right Way To Get Funding From Family And Friends

Startup Professionals Musings

Just like professional investors wait for friends and family to go first, friends will wait for you to show “skin in the game.” A startup founder that is not the “lead investor” in time and money should not expect anyone else to jump in front and lead the way. Demonstrate your own financial commitment and progress.

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Red Flags To Avoid When Talking About Competitors

Startup Professionals Musings

This is a variation on the first mover argument, implying a paradigm shift that gives you a tremendous lead. Investors will suspect you have a technology looking for a solution. This advantage is not sustainable. Our product is truly disruptive technology.” Only our team can make this work.”

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Real Sustainable Competitive Advantages are Rare

Startup Professionals Musings

This is a variation on the first mover argument, implying a paradigm shift that gives you a tremendous lead. Investors will suspect you have a technology looking for a solution. This advantage is not sustainable. Our product is truly disruptive technology.” Only our team can make this work.”

Viral 223