Remove great-expectations
article thumbnail

The best advice startups will never follow

Berkonomics

There’s a common expectation among entrepreneurs that seed money from family is great – letting close relatives in at the ground floor. Do take loans from sophisticated investors only after you have tried everything to get them to purchase equity…. The problem, of course, comes if the business fails.

Startup 317
article thumbnail

Extending your Runway!

Berkonomics

Several years ago, I wrote a book entitled, Extending the Runway , using parallels to piloting a plane to equate to the process of creating and building a small company, making maximum use of resources to get to and beyond breakeven. Extending the Runway book available at Amazon. Extending the Runway book available at Amazon.

Resource 156
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 Managing Funding From People Close To You

Startup Professionals Musings

Cohen and John Kador, in their classic book “ What Every Angel Investor Wants You to Know ,” includes these great points of practical advice on this subject: Manage expectations before the fact. Treat the transaction as you would expect to be treated by an angel investor or VC. Loans are a safer option than equity.

Funding 123
article thumbnail

How long can Zuckerberg afford to bankroll the AR/VR market?

TechCrunch LA

The Facebook parent-company saw its stock price get bludgeoned after a bad earnings report showcased that Apple’s ad-blocking changes are shaving billions off its books and the company’s crown jewel — the Facebook platform — has stopped growing and actually shrank this quarter.

Marketing 246
article thumbnail

Does your business need money? Read this!

Berkonomics

Dave’s book and ebook on raising money available on Amazon.com. More on raising money in BERKONOMICS book, also available on Amazon.com. Do not expect grand valuations of your enterprise from these professional angels. Venture, private equity and more: Here we lump a large number investor classes into one.

article thumbnail

The Good The Bad And The Ugly Of Funding From Friends

Startup Professionals Musings

Cohen and John Kador, in their classic book “ What Every Angel Investor Wants You to Know ,” includes these great points of practical advice on this subject: Manage expectations before the fact. Treat the transaction as you would expect to be treated by an angel investor or VC. Loans are a safer option than equity.

Funding 59
article thumbnail

6 Business Practices That Will Verify You As A Leader

Startup Professionals Musings

Successful entrepreneur leaders, including Bill Gates and Elon Musk , are noted for taking deep dives into new technologies, and reading new books every week, to stretch their minds, even though they already have a range of knowledge far beyond their peers. Real listening is a leadership skill that’s more valuable than being a great orator.

Coach 144