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7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Unless you are a serial entrepreneur with a string of successes behind you, you need a business plan to convince investors that you can build a business out of the dream that has been driving your passion to change the world. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Startup 65
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Interview with Skyler Lucci, HeyTutor

socalTECH

In terms of where we offer to our customers, we have 250 different areas, from early childhood to studying for an MCAT or the bar. In this industry, customer acquisition costs are super high. Customer acquisition costs can be as much as $200 an hour. We knew customer acquisition costs were a low lower than that value.

Startup 113
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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

After all, I am no stranger to the publicly expressing the frustrations of dealing with the downside of this industry as I wrote about in 2006 when I was an entrepreneur. In the original version of his post, Andy writes. The best VCs don’t try to help entrepreneurs. This happens at acquisition time, too.

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A Guide to Using Authority & Social Proof in Fund Raising

Both Sides of the Table

Any SoCal entrepreneur raising early-stage money should put Rincon on their short list. The book is a layman’s guide to understanding how we as humans make decisions and is underpinned by data-oriented studies to prove his claims. John gave me the book after I spoke at his entrepreneurship class at UCSB.

Guide 293
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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

In our industry we applaud the efforts for entrepreneurs to have tried and we know that today’s failure can bring the experience for tomorrow’s success. The questions that a VC mulls before writing a check are precisely the questions you should be asking yourself. Market Size. How much ad revenue does TripAdvisor make?

Startup 150
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The @TWTFelipe Story – A Tale of US Visa Policy Gone Awry (#startupvisa)

Both Sides of the Table

I’ve been meaning to write this post since September of last year when Brad Feld first wrote about the The Founders Visa Movement. I commented briefly on his blog and made a mental note to write a blog post. But it turns out I met a bunch of really interesting entrepreneurs. But TWTFelipe is an entrepreneur.

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This Week in Venture Capital – Episode 3

Both Sides of the Table

In writing anything positive about any of the companies I’m not suggesting that it means that I prefer them to any of their competitors. Also, some of the deals I write about I have actually seen as part of their fund raising process. entrepreneur Wil Schroter (I am an angel investor in Affordit). Really!).