Competition Funding Metrics Outsource 
Startup Professionals Musings
MARCH 10, 2023
As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business.
Startup Professionals Musings
JUNE 7, 2020
As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business.
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Startup Professionals Musings
MARCH 2, 2020
Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. Don’t assume you can outsource the implementation decisions. Create a written plan, with target milestones and metrics. I have tried to convince him the general idea alone does not make a business.
Startup Professionals Musings
MAY 24, 2015
As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business.
Startup Professionals Musings
MAY 28, 2016
As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business.
Startup Professionals Musings
MAY 4, 2014
Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. If you are contracting or outsourcing, this is even more important. Funding process.
SoCal CTO
JANUARY 26, 2010
Most often at the earliest point in the life of a startup, the dominant need is certainly to produce product to get something in the market, get funding, etc. How do we need to structure the systems to get ahead and stay ahead of the competition? What do we build in-house or outsource? How can we address this risk?
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