Startup Professionals Musings

SEPTEMBER 30, 2013

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Show personal investment.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Startup Professionals Musings

AUGUST 31, 2012

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Show personal investment.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Startup Professionals Musings

JUNE 17, 2011

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Show personal investment.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Startup Professionals Musings

MAY 22, 2010

Build qualified advisory board. If you can convince a couple of domain experts, or a couple of experienced executives to join your board and be your advocate, that’s traction. These are things that can cost very little money, but go a long ways in convincing someone that you are making progress. Show personal investment.

Intellectual Property 222

Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

Startup Professionals Musings

FEBRUARY 13, 2016

The business model has to clearly define who is your customer, market penetration expected, how much customers pay versus total costs and the investment required to sustain cash flow. Include advisory board member qualifications and key industry connections. How big is the funding request, and how much equity will you give?

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

AUGUST 13, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Include Advisory Board members and key industry people connections. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital. Investors invest in people - not just ideas.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

MAY 13, 2011

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Include Advisory Board members and key industry people connections. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital. Investors invest in people - not just ideas.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290