Remove Competition Remove Equity Remove Marketing Remove Outsource
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7 Secrets To Bank Equity Funding Without Collateral

Startup Professionals Musings

The first thing to remember is that banks only do loans – they generally don’t do equity investments like angels and venture capitalists (and vice versa). You have to get past how great the product is to address clearly what your business rationale is, why it is different from the competition's, and why it will succeed.

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6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

Outsourcing your core competency does not work. Being the leader doesn’t mean more equity, nor does it mean the leader will necessarily be CEO. The combination of technical insight, founder authority, and sales experience is a hard-to-beat advantage in a competitive market. The industry veteran. The financial suit.

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7 Tips To Getting A Bank Interested In Your Startup

Startup Professionals Musings

The first thing to remember is that banks only do loans – they don’t do equity investments like angels and venture capitalists (and vice versa). You have to get past how great the product is to address clearly what your business rationale is, why it is different from the competition's, and why it will succeed. An impressive team.

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Maintain Your Startup Motivation While Working Harder

Startup Professionals Musings

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Watch that patent provide a real barrier to competitive entry. Increasing customer focus and loyalty.

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Balance Your Focus Between Passion And Perspiration

Startup Professionals Musings

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Watch that patent provide a real barrier to competitive entry. Increasing customer focus and loyalty.

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6 Team Members Who Will Make Your New Venture Robust

Startup Professionals Musings

Outsourcing your core competency does not work. Being the leader doesn’t mean more equity, nor does it mean the leader will necessarily be CEO. The combination of technical insight, founder authority, and sales experience is a hard-to-beat advantage in a competitive market. The industry veteran. The financial suit.

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10 Partner Qualities to Test Before Sharing Equity

Startup Professionals Musings

If both of you are experts at software development, even though one loves design and the other loves coding, that still won’t get the marketing done. Look at the big picture first of development, finance, and marketing/sales. Passion for what they do. Look impartially from all angles and do the follow-up.