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Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Handled appropriately, these questions provide investors a window into an entrepreneurs’ soul, which minimizes the chances of a future misalignment.

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7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Thus, you have negotiating leverage as long as a legitimate, competitive threat exists. “Learn from the mistakes of others. You can’t live long enough to make them all yourself.”. Grant Exclusivity. Share and Enjoy.

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With Greathouse Comes Great Responsibility

InfoChachkie

Each week he brought in passionate and successful entrepreneurs to speak to his students and give advice about the different facets of creating a startup. From that point forward, the team felt a responsibility to not only win the competition but to do so by carrying out the entrepreneurial desire instilled in them by John Greathouse.

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Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Handled appropriately, these questions provide investors a window into an entrepreneurs’ soul, which minimizes the chances of a future misalignment.

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Startup Lessons From Olympic Innovators

InfoChachkie

Successful Olympic athletes share a number of common qualities with entrepreneurs; including boundless energy, uncompromising tenacity and a willingness to innovate. However, at most startups, competitive advantages are derived from a combination of invention and innovation, as described more fully in Inventor Or Innovator – Which Are You?

Startup 198
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Here’s How You Get A VC To Pull Out Their Checkbook

InfoChachkie

Most sophisticated investors ignore them, focusing their attention on an entrepreneur's pitch and presentation materials, financial forecast and executive summary. As noted in Entrepreneurs Shouldn't Pitch Their Ideas To Venture Capitalists , most sophisticated investors place their bets on people rather than opportunities.

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How To Become a VC

InfoChachkie

One the most frequent questions asked of me by entrepreneurs is, "How can I become a Venture Capitalist?" The inquiry is common because being a VC is (to an entrepreneur, at least) a sexy job. Spend as much time as possible in the company of aspiring and accomplished entrepreneurs. Microscopic Industry. Share and Enjoy.