Startup Professionals Musings

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8 Keys To That First Investment From People You Know

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. Since they don’t know you (yet), their first integrity check on you as a person is whether your friends and family believe in you strongly enough to give you seed money for your new idea. If they won’t do it, they why would I as stranger invest in you?

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Don’t Forget Grants If You Need Early Seed Money

Startup Professionals Musings

In the US, many entrepreneurs see grants as “free money,” since they are not loans and don’t have to be repaid. Typically they can be used to fund product development and commercialization that would otherwise require outside investors. For university professors, grants are their lifeblood, and they know the process well.

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8 Guidelines For Friends And Family Startup Funding

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. Since they don’t know you (yet), their first integrity check on you as a person is whether your friends and family believe in you strongly enough to give you seed money for your new idea. If they won’t do it, they why would I as stranger invest in you?

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8 Key Actions for Entrepreneurs Needing Early Money

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. Since they don’t know you (yet), their first integrity check on you as a person is whether your friends and family believe in you strongly enough to give you seed money for your new idea. 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

You see, investors invest in people, before they invest in ideas or products. Since they don’t know you (yet), their first integrity check on you as a person is whether your friends and family believe in you strongly enough to give you seed money for your new idea. If they won’t do it, they why would I as stranger invest in you?

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How to Get Funding From Friends, Family, and Fools

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. Since they don’t know you (yet), their first integrity check on you as a person is whether your friends and family believe in you strongly enough to give you seed money for your new idea. If they won’t do it, they why would I as stranger invest in you?

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10 Reasons Why Capital Shouldn't Make Or Break Your Startup

Startup Professionals Musings

But when your only capital is your hard-earned seed money, every penny that goes out will be scrutinized painfully. If you will be making a product to sell, be sure the cost of materials is minimal and beyond that it costs only your labor. Your mortgage and grocery bill depend on it. You can keep overhead low.