Remove Equity Remove Invest Remove Services Remove Technical Advisors
article thumbnail

7 Secrets To Bank Equity Funding Without Collateral

Startup Professionals Musings

The first thing to remember is that banks only do loans – they generally don’t do equity investments like angels and venture capitalists (and vice versa). A winning product or service. Provide a simple yet complete description of your product or service and its competitive marketplace. Bankers do not contribute equity.

Equity 121
article thumbnail

7 Tips To Getting A Bank Interested In Your Startup

Startup Professionals Musings

The first thing to remember is that banks only do loans – they don’t do equity investments like angels and venture capitalists (and vice versa). A winning product or service. Provide a simple yet complete description of your product or service and its competitive marketplace. Bankers do not contribute equity.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Can An Entrepreneur Qualify For A Bank Loan?

Startup Professionals Musings

The first thing to remember is that banks only do loans – they don’t do equity investments like angels and venture capitalists (and vice versa). A winning product or service. Provide a simple yet complete description of your product or service and its competitive marketplace. Bankers do not contribute equity.

article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

otherwise I prefer to invest less and risk less). Gross margin (GM) is the amount of profit you make per sale of your product or service taking into account your total costs of selling that product or service. In these kinds of businesses I’m on the record as advising “ Ring the Freakin Cash Register.”

Startup 383
article thumbnail

A Savvy Startup Always Builds a Great Loan Pitch

Startup Professionals Musings

The first thing to remember is that banks only do loans – they don’t do equity investments like angels and venture capitalists (and vice versa). A winning product or service. Provide a simple yet complete description of your product or service and its competitive marketplace. Bankers do not contribute equity.

article thumbnail

What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

I spent nearly a decade building software for large companies and then advising companies on the same. He would have found somebody technical and inspired that individual to work for equity or deferred payment. I used to sit on the board of a company (for which I DID NOT invest) with a very smart and very likable CEO.

article thumbnail

Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” ” My friend Ian Sigelow wrote about this last week and advised people not to take on this kind of job. At Upfront we invested in such a company.