Both Sides of the Table

JANUARY 5, 2010

This is part of my series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Entrepreneurs are inherently risk takers.

Entrepreneur 293

Entrepreneur Startup Venture Capital CTO Hire 293

Startup Professionals Musings

DECEMBER 16, 2017

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Of course, both are impressive and both already exceed VC investments annually.

Startup 76

Startup Angel Funding .Net 76

Startup Professionals Musings

MAY 9, 2014

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). I just don’t see it happening any time soon. billion collected in 2012.

Invest 111

Invest Angel Funding Startup 111

Startup Professionals Musings

OCTOBER 10, 2018

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

Entrepreneur 96

Entrepreneur Startup Equity Funding 96

Startup Professionals Musings

MAY 21, 2023

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

Startup 106

Startup Capital Equity Funding 106

Both Sides of the Table

JUNE 19, 2017

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management.

Startup 212

Startup Venture Capital .Net Capital 212

Startup Professionals Musings

JANUARY 21, 2017

Being called a lifestyle entrepreneur should be a point of pride, not an insult. Of course, even lifestyle entrepreneurs want to be happy, and want their business to be “successful.” Under all of these, net income flows easily into your personal income. Startup funding comes from personal savings and family.

Entrepreneur 69

Entrepreneur Startup Equity Course 69

Startup Professionals Musings

SEPTEMBER 25, 2016

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

Funding 107

Funding Startup Equity Examples 107

Both Sides of the Table

SEPTEMBER 28, 2014

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383

Startup Company Companies .Net 383

Startup Professionals Musings

JANUARY 2, 2022

Angels are typically high net worth individuals who are investing their own money, for a wide range of motives. Of course, angels are really mortals. If you impress the angel, it will likely make her at least an archangel (advocate) when it comes to funding. By definition, an angel investor is not an “institutional investor.”

Invest 153

Invest Angel .Net Startup 153

Startup Professionals Musings

JUNE 5, 2015

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). I just don’t see it happening any time soon. Neither does David S. billion collected in 2014.

Startup 106

Startup Angel .Net Entrepreneur 106

Startup Professionals Musings

OCTOBER 27, 2013

Angels are typically high net worth individuals who are investing their own money, for a wide range of motives. Of course, angels are really mortals. If you impress the angel, it will likely make her at least an archangel (advocate) when it comes to funding. entrepreneur startup angel funding match Paul Graham business'

Angel 101

Angel Funding Startup Invest 101

Startup Professionals Musings

NOVEMBER 14, 2010

Bockerstette, Main Street Venture Fund As I outlined last week, trophy angel investors are always looking for trophy entrepreneurs. In many areas, not enough entrepreneurs meet the criteria, so it’s still a buyer’s market. It consists of eight major criteria, which we call the “Eight P’s for Successful Funding”.

Funding 106

Funding Startup Entrepreneur Activity 106

Startup Professionals Musings

JANUARY 26, 2019

Being called a lifestyle entrepreneur should be a point of pride, not an insult. Of course, even lifestyle entrepreneurs want to be happy, and want their business to be “successful.” Under all of these, net income flows easily into your personal income. Startup funding comes from personal savings and family.

Startup 77

Startup Equity Entrepreneur Course 77

Both Sides of the Table

JUNE 17, 2017

To grow faster businesses need resources in today to fund growth that may not come for 6 months to a year. I often ask entrepreneurs to consider, “What’s your objective? They don’t want high burn rates but they will never fund slow growth. The Nature of Revenue Matters Of course revenue alone won’t tell you enough.

Startup 227

Startup Venture Capital Sales Course 227

InfoChachkie

JULY 18, 2011

Seuss’ Green Eggs and Ham and Marcia Brown’s Stone Soup , the seemingly innocuous board game Monopoly has played a pivotal role in the edification of several generations of entrepreneurs. The players who go first have a higher probability of landing on an available property during their initial trips around the board.

Entrepreneur 216

Entrepreneur Startup Outsource Development Paramount 216

Both Sides of the Table

JULY 6, 2016

I even prefer to fund entrepreneurs who have experience some level of set-backs in their careers or startups because I think it brings a humility to decision-making that I find healthy. I talk about failure a lot because I think it can be tremendously instructive and I think that success without failure often masks underlying lessons.

Startup 261

Startup Press Blogging .Net 261

InfoChachkie

OCTOBER 27, 2010

Entrepreneurs who experience promising initial success also play a similar game. Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer.

Entrepreneur 124

Entrepreneur Venture Capital Acquisition Pricing 124

InfoChachkie

OCTOBER 27, 2010

Entrepreneurs who experience promising initial success also play a similar game. Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Take Home Pay – All that matters is the amount of money you net, not the size of the initial offer.

Entrepreneur 124

Entrepreneur Acquisition Pricing .Net 124

Startup Professionals Musings

MARCH 27, 2019

Angels are typically high net worth individuals who are investing their own money, for a wide range of motives. Of course, angels are really mortals. If you impress the angel, it will likely make her at least an archangel (advocate) when it comes to funding. By definition, an angel investor is not an “institutional investor.”

Angel 99

Angel Startup Invest .Net 99

Startup Professionals Musings

SEPTEMBER 30, 2011

Many entrepreneurs stumble at this point, losing the deal or most of their ownership, by having no answer, saying “make me an offer,” or quoting an exorbitant number. The cost approach attempts to measure the net value of the business today by calculating how much it could cost for a new effort to replace key assets. Marty Zwilling.

Funding 98

Funding Startup Patents Outsource Development 98

Both Sides of the Table

DECEMBER 27, 2011

” I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra. You may have leverage when you DO need to fund raise. There is a healthy tension between profits & growth.

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

FEBRUARY 4, 2019

If you are looking for funding and customers for your new business, you need to identify your “unique selling proposition” (USP) right up front, in 30 seconds or less, to differentiate yourself in today’s information overload. Of course, now that you have investor attention, the devil is in the details.

.Net 73

.Net Examples Customer Custom 73

Tech Coast Venture Network

APRIL 22, 2010

Virgina Lorimor There are several options for financing a start-up business that tend to follow a natural course in a business’ development: Personal Investment. This is where all entrepreneurs have to start. In order to qualify, you have to have high net worth, a strong credit score and significant skin in the game.

Startup 124

Startup Tech Coast Angels TCVN Incubator 124

Startup Professionals Musings

MARCH 1, 2010

Of course, there are pros and cons to each of these. Self-funding from your savings is the preferred source of cash for your startup – if you have it. After bootstrapping, friends and family are the most common funding sources for early-stage startups. Related sources include local business development agencies. Angel investors.

Funding 59

Funding Startup Technical Review Equity 59

socalTECH

MAY 27, 2014

How is your company funded? The round was led by Avalon Ventures, and we also had participation from Acciom Venture Lab, a socially responsible venture fund out of Washington, D.C. We also have several, high net work Mexican individuals invested in our company. Michael Aleles: We raised our Series A last year. businesses.

Startup 178

Startup San Diego Avalon Southern California 178

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. So the people who invest in VC funds have two problems.

Venture Capital 311

Venture Capital Startup Seed Funding Rustic Canyon 311

Both Sides of the Table

FEBRUARY 27, 2011

Babak Nivi is one of the most understated, helpful & important people on the entrepreneur / startup scene in NorCal. What he (along with Naval) started with AngelList is also a very important transformation to the communications between first-time entrepreneurs & angels. But it +is+ an anti-entrepreneur stance.&#

Venture Capital 267

Venture Capital Writing Blogging Startup 267

Startup Professionals Musings

MARCH 27, 2017

A while back, I outlined “ 10 Tried-And-True Strategies For Funding New Ventures ” for startups, listing angel investors as alternative six. Angels are typically high net worth individuals who are investing their own money, for a wide range of motives. Of course, angels are really mortals. Entice angels to play along.

Angel 63

Angel Invest .Net Funding 63

Startup Professionals Musings

AUGUST 1, 2013

The sad truth is that cash flow surprises kill many startups, even though they should have been adequately funded to survive. I will outline here ten key principles and disciplines that every entrepreneur must understand and practice to minimize surprises and failures in this area: Failure to document cash flow projections is a disaster.

Startup 114

Startup Sales Layoffs Slides 114

Startup Professionals Musings

JUNE 25, 2012

Of course, every approach has pros and cons. Self-funding is the preferred source of cash for your startup – if you can do it. After bootstrapping, friends and family are the most common funding sources for early-stage startups. If you don't know any “high net worth” individuals, use your advisors to find them.

Technical Review 103

Technical Review Equity Incubator Venture Capital 103

Startup Professionals Musings

SEPTEMBER 21, 2012

Angels are typically high net worth individuals who are investing their own money, for a wide range of motives. Of course, angels are really mortals. If you impress the angel, it will likely make her at least an archangel (advocate) when it comes to funding. By definition, an angel investor is not an “institutional investor.”

Angel 98

Angel Invest .Net Startup 98

Startup Professionals Musings

JANUARY 17, 2016

In the new business world, many entrepreneurs are so excited with large initial orders that they don’t anticipate the cash flow challenges that can quickly kill their startup. Of course, you can’t predict everything, but writing down what you know will identify existing problems sooner, and allow other team members to help.

Startup 64

Startup Sales Layoffs Slides 64

Tech Zulu Event

MARCH 21, 2014

A profile of the state of the Bitcoin industry and its presence of female entrepreneurs. A clear distinction our female entrepreneurs have made here has been their active decisions to hit the ground running. Brock Pierce – Digital Currency Entrepreneur and Angel Investor. The subject on hand? Bitcoin, litecoin, maybe doge.

Startup 104

Startup Venture Capital Draper Invest 104

InfoChachkie

SEPTEMBER 1, 2009

In contrast, the USSR and other communist nations foolishly banned Monopoly, thereby denying their citizens an inexpensive yet effective hands-on course in entrepreneurship. Cash Flow – Entrepreneurs on The Fringe know that properly managing their cash is one of their primary objectives, especially during an adVenture’s early phases.

Outsource Development 154

Outsource Development Entrepreneur Training Startup 154

Startup Professionals Musings

JUNE 27, 2010

A while back, I outlined “ Ten Top Funding Sources for Startups ” for startups, listing angel investors as alternative #6. Angels are typically high net worth individuals who are investing their own money, for a wide range of motives. Of course, angels are really mortals. The hardest part is making something people want.”

Angel 91

Angel Tips Invest .Net 91

Startup Professionals Musings

NOVEMBER 26, 2012

Many entrepreneurs stumble at this point, losing the deal or most of their ownership, by having no answer, saying “make me an offer,” or quoting an exorbitant number. The cost approach attempts to measure the net value of the business today by calculating how much it could cost for a new effort to replace key assets. Marty Zwilling.

Startup 108

Startup Invest Patents Outsource Development 108