Remove Angel Remove Customer Remove Social Media Remove Statistics
article thumbnail

6 Ways To Get Credible Data To Support A New Venture

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal development resources.

article thumbnail

8 Tasks To Prepare You For Starting Your Own Business

Startup Professionals Musings

The cost of entry has never been lower, with new tools to create your own website , and free social media to get your message out everywhere. Based on my own experience as a mentor and angel investor, I find that as many as ninety percent of startups fail in the first five years, despite their best efforts.

Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Keys To Sizing Your Market For A New Business Plan

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal development resources.

Marketing 157
article thumbnail

6 Strategies To Find An Investor For Your New Venture

Startup Professionals Musings

They don’t realize that according to statistics from Startup.co , almost 60 percent are funded with personal savings and credit, and another 25 percent get their money from friends and family. That leaves only about fifteen percent that actually get their funding from investors, through crowdfunding, banks, angels, and venture capitalists.

article thumbnail

6 Tips On Where And When To Look For Startup Funding

Startup Professionals Musings

They don’t realize that according to statistics from Startup.co , almost 60 percent are funded with personal savings and credit, and another 25 percent get their money from friends and family. That leaves only about fifteen percent that actually get their funding from investors, through crowdfunding, banks, angels, and venture capitalists.

Funding 173
article thumbnail

6 Market Research Sources That Fit A Limited Budget

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. Conduct your own customized market research. Modern libraries are still worth a visit. Explore municipal development resources.

article thumbnail

10 Quotes You Should Never Use Around A Business Plan

Startup Professionals Musings

If you are not in that rare category of known and proven entrepreneurs, you should avoid the following list of my top ten turnoffs that I have personally experienced as an angel investor. If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors.