Remove meetings
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Accelerators Have Resources To KickStart Your Startup

Startup Professionals Musings

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give.

Resource 159
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Need investment capital?

Berkonomics

Preparing for the game… If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Invest 296
Insiders

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Learn to Say “NO” to Meetings

Both Sides of the Table

As a startup entrepreneur you’ll have many demands for your time. The problem is that the scarcest resource in any entrepreneur’s life is your time. One simply can’t take every meeting. “Thank you for writing to me – it’s nice to hear from you (or meet you) via email.

Startup 305
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10 Ways For Entrepreneurs To Meet Cash Flow Peaks

Startup Professionals Musings

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. Leave the world of new computer chips and new drugs to the big companies, and people with deep pockets. It’s what separates the true entrepreneurs from the wannabes.

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Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

You had an amazing meeting with an investor. The meeting was only supposed to last 45 minutes but you ran 90. The assistant tried to end the meeting twice but was shoooshed away. This is a very common scenario when entrepreneurs pitch VCs and frankly is a very common scenario when VCs try to raise money from LPs.

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The best advice startups will never follow

Berkonomics

Dave’s note: This is a reprint of a 2015 insight that seems to have struck a chord with investors and entrepreneurs. None of this advice has changed… Let me tell you a few short hair–raising stories of entrepreneurs who have raised money and regretted it later. The problem, of course, comes if the business fails.

Startup 317
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Raise cash from trusted, close resources first.

Berkonomics

This insight follows closely the conclusions from the previous declaration, that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Resource 149