article thumbnail

How To Find Support Resources For Your Startup Stage

Startup Professionals Musings

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

Resource 171
article thumbnail

Consider all resources before seeking investment.

Berkonomics

First, few startups can use that much money today with all of the virtual services available and increasingly inexpensive methods of development, prototyping and marketing. I cannot tell you how many times I have seen executive summaries of business plans in which the entrepreneur seeks $5,000,000 to build the business.

Resource 180
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Funding Resources For Ideas Needing More Validation

Startup Professionals Musings

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. It’s still considered high risk for investment, since manufacturing and quality issues are likely. Product verification and clinical trials. Business commercialization.

Resource 102
article thumbnail

Graduway Gets Investment From Manhattan Beach's K1

socalTECH

Graduway , a developer of software used for alumni engagement and career services management, has scored an investment from Manhattan Beach-based investor K1 Investment Management. Size and terms of the investment were not announced. K1 Investment Management says it invests in high growth, enterprise software companies.

article thumbnail

The Scarcest Resource at Startups is Management Bandwidth

Both Sides of the Table

Every extra set of features that you added that served one narrow use case end up being features you need to support in future releases adding complexity to future development, usability testing, regression testing, etc. I always tell teams I meet with, “The scarcest resource in your company is management bandwidth. My advice?

Resource 415
article thumbnail

PPG Invests $15.5M In Burbank Research Center

socalTECH

billion developer of paints, coatings and specialty materials based in Pittsburgh, says it has invested $15.5M PPG , a $15.4 in an upgrade of its Burbank research and technology center. READ MORE>>.

Burbank 100
article thumbnail

Cornerstone OnDemand Opens Up Incubator, Investment Fund

socalTECH

Santa Monica-based Cornerstone OnDemand , the developer of talent management and human resources management software, is boosting its efforts to support the Los Angeles technology ecosystem, through the launch of its own incubator and investment fund. READ MORE>>.