Remove Acquisition Remove Competition Remove Demand Remove Writing
article thumbnail

7 Ways To Fail In Setting Up Your Board Of Directors

Startup Professionals Musings

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. Board rules and governance policies should be articulated in writing and voted upon. It’s a complex competitive world out there, and learning is a full-time role.

Startup 145
article thumbnail

Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. Fallacy: AdVentures tend to evolve once you begin speaking with pesky customers and demanding partners. 3) Attempt To License An Idea.

Startup 242
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 ConsumerTrack Has Created A Growing, Profitable--and Mostly Unknown Business

socalTECH

We started looking at the landscape, and as I was getting my MBA at the time, ended up writing the business plan for ConsumerTrack. Obviously, there were situations when we first started our organization, when we were focused on customer acquisition for the mortgage lending vertical. We do that methodically.

Startup 239
article thumbnail

Mistakes To Avoid With A Startup Board Of Directors

Startup Professionals Musings

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. Board rules and governance policies should be articulated in writing and voted upon. It’s a complex competitive world out there, and learning is a full-time role.

Startup 103
article thumbnail

7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

Fallacy: Startup ventures tend to evolve, especially after you begin speaking with pesky customers and demanding partners. Thus, you have negotiating leverage as long as a legitimate, competitive threat exists. Your commitments to investors must be significant enough to compel them to write you a check. Fallacy: Yes.

article thumbnail

Don’t Let Faux Unicorns Screw Up Your Financing

InfoChachkie

If such write-downs only impacted the faux unicorns and their avaricious investors, there would be little need for alarm. Shortly thereafter, the company received an acquisition offer which would have put over $15 million into the Founder’s pocket. Prudent investors do not demand that entrepreneurs pursue bet-the-company strategies.

Startup 100
article thumbnail

7 Ways That Entrepreneurs Naively Misuse Their Board

Startup Professionals Musings

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. Board rules and governance policies should be articulated in writing and voted upon. It’s a complex competitive world out there, and learning is a full-time role.