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10 Entrepreneur Milestones That Make Funding Easy

Startup Professionals Musings

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. 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.

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You Negotiate Commodities, But You Seize Opportunities

Steve Blank

Along the way I also learned yet another way entrepreneurs see the world differently from their investors. Advisory Board. In the early days of Rocket Science I realized that we needed high-level advice on multiple fronts; technology, game development, video game distribution, etc. Instead what I got was, “Wait a minute.

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5 Preconditions for Success in Spawning a New Venture

Startup Professionals Musings

Even with advantages that independent startups can never hope to match, including brand recognition, customers, financial capital, and distribution, I don’t often see the entrepreneurial passion for innovation, agility, and team perseverance exhibited by new startups. Make sure everyone comes with an entrepreneur mindset for real innovation.

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6 Obligations That Come With Startup External Funding

Startup Professionals Musings

As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. If the entrepreneur wants total control of their own venture, with no one looking over their shoulder, they should work within the limits of their own resources, a process called bootstrapping.

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How to Survive Four Common Worst Case Scenarios

Startup Professionals Musings

The challenges stem from the simple fact that every entrepreneur is starting something new, where things are predictably unpredictable. Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them. Strategically timid and haphazard marketing.

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Four Common Startup Issues Which Threaten Survival

Startup Professionals Musings

The challenges stem from the simple fact that every entrepreneur is starting something new, where things are predictably unpredictable. Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them. Strategically timid and haphazard marketing.

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10 Keys to Startup Traction That Investors Look For

Startup Professionals Musings

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. 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.