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How to Turn Your Million Dollar Idea Into a Startup

Startup Professionals Musings

Lumbard of CalTech. Draft a business plan summary. Rather than starting with a full business plan, I recommend that you start with an executive summary of a couple of pages, or an executive level presentation of maybe ten charts. Most investors will tell you that they rarely see a new idea that they haven’t heard before.

Ideas 106
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Mind the Gap Between a Good Idea and Good Business

Startup Professionals Musings

Lumbard of CalTech. Draft a business plan summary. Rather than starting with a full business plan, I recommend that you start with an executive summary of a couple of pages, or an executive level presentation of maybe ten charts. Most investors will tell you that they rarely see a new idea that they haven’t heard before.

Ideas 97
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Entrepreneurs Need Fewer Hot Ideas and More Plans

Startup Professionals Musings

Lumbard of CalTech. Draft a business plan summary. Rather than starting with a full business plan, I recommend that you start with an executive summary of a couple of pages, or an executive level presentation of maybe ten charts. Most investors will tell you that they rarely see a new idea that they haven’t heard before.

Ideas 104
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Angel Funding Advice

Both Sides of the Table

I recently wrote a post on angel financing covering the topic of convertible notes but I realized I was thinking about the issue more from investor perspective and a very narrow topic of how to price the round. My Summary on getting access will be to tell you what most people don’t want to hear. Most people are lazy.

Angel 291
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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

Summary notes, as always, provide below. He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. He said it was better than the Yellow Pages because he would provide pricing transparency.