article thumbnail

Need investment capital?

Berkonomics

Trusted, close resources include sophisticated relatives, friends and business associates who know how to structure a deal as a win-win for you and for them, while allowing you to retain control over your vision and execution. So how does this fit into this sandwich of alternatives? Trust works both ways.

Invest 296
article thumbnail

Raise cash from trusted, close resources first.

Berkonomics

So how does the statement above fit into this sandwich of alternatives? Trusted, close resources include sophisticated relatives, friends and business associates who know how to structure a deal as a win-win for you and for them, while allowing you to retain control over your vision and execution.

Resource 149
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where is the best source of early stage investment?

Berkonomics

I was so enthusiastic that I coached the entrepreneur to approach his mother, who invested $50,000 under the same terms as my investment. The other investors are probably in the unhappy never land of not being able to see liquidity after a decade and unable to write off the investment as a loss for tax purposes.

Invest 243
article thumbnail

5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

Finally, implementation requires a commitment of real money and other resources that can’t be written off so easily as an idea ahead of it’s time. In addition, creating a business requires leading and interacting with other people, including partners, investors, and customers. Create a written plan, with target milestones and metrics.

Ideas 126
article thumbnail

This is How Startups “Level Up” After Raising Money

Both Sides of the Table

If you’re an early investor like I am that often means writing the first $2-3 million check into a business that previously had either survived on fumes or on a $500,000 angel round. I have seen many companies raise their first $3 million and still act like a company that has no resources at all.

Startup 381
article thumbnail

Which Circle Do You Want To Be In…The Blue One (NHL) or the Red One (TED)?

Eric Greenspan

Part of that is luck, genes, and the rest is related to access to resources, and then it’s just their willingness to work and achieve. Mine is writing this blog post, indirectly. Added after posting… My son Jacob just called me while I was writing this post. Only the absolute best make it. What’s yours?

Writing 179
article thumbnail

What I’ve Learned from Fred Wilson

Both Sides of the Table

So part of playing an effective coach is helping the team to see the answer for themselves. There are some firms that pull resources from deals that aren’t quite working and put all of their time into their mega hits. In stead of just writing operating and funding advice Fred also talks about industries.