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Every Startup Goes Through Distinctive Funding Phases

Startup Professionals Musings

The first step toward a business with any idea is to write it down, and build a business plan around it. If you need help at this stage, look for a local university teaching online courses on entrepreneurship , or how to build a business plan. Let’s take a look here some similar stages from a support perspective: Idea stage.

Startup 122
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Hard Decisions Require Empathy

Both Sides of the Table

It goes without saying that if you find yourself in a really negative headspace PLEASE reach out to any trusted mentor, friend or family member. In the words of my friend and a CEO with whom I work, “Yeah, I know I need to make some cuts because our demand has changed, but I want to do this with a scalpel and not with an axe.”

Demand 215
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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. In fact, they are probably in such a hurry to give you money that they don’t want you to waste time writing anything down and passing it along to new investors.

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How To Find Support Resources For Your Startup Stage

Startup Professionals Musings

The first step toward a business with any idea is to write it down, and build a business plan around it. If you need help at this stage, look for a local university teaching online courses on entrepreneurship , or how to build a business plan. Let’s take a look here some similar stages from a support perspective: Idea stage.

Resource 171
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My Thoughts on the Current Market: on 20-Minute VC

Both Sides of the Table

Other companies have only seen a slight decline and may be expecting demand to return to normalcy later in the year. The reality is that when unemployment sinks in demand is likely to get worse. There are large sums of money to be invested and if investors can get comfortable with “downside protections” they’ll still write checks.

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7 Ways To Fail In Setting Up Your Board Of Directors

Startup Professionals Musings

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. Of course, if the board is set up or used incorrectly, the impact can indeed be more negative than positive. In my view, nothing could be further from the truth.

Startup 145
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Funding Alternatives Change As Your New Venture Grows

Startup Professionals Musings

The first step toward a business with any idea is to write it down, and build a business plan around it. If you need help at this stage, look for a local university teaching online courses on entrepreneurship , or how to build a business plan. Let’s take a look here some similar stages from a support perspective: Idea stage.

Funding 94