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10 Tips On Due Diligence On Any Startup Funding Offer

Startup Professionals Musings

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. But people are still begging for more technology or laws, often to protect them from themselves. Work at home to fund your startup. Marty Zwilling.

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6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

Business partners can be co-founders in a startup, multiple owners of an existing business, or a joint venture. You need to do the due diligence to make that decision before you sign away your equity. I was pleased to see this approach highlighted as well in a new book for startups, “ Zero to IPO ,” by Frederick Kerrest.

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7 Due Diligence Checks On Your Idea To Save Some Pain

Startup Professionals Musings

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Availability of necessary skills and team members.

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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

Over my many years of mentoring aspiring entrepreneurs and business professionals, I often hear a desire to start a new business, with a big hesitation while waiting for that perfect idea and perfect alignment of the stars. Start today building a bigger network. Success requires a great amount of hard work.

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How Much Information Should you Give VCs for Due Diligence?

Both Sides of the Table

I have seen some entrepreneurs go into first meetings willing to share almost anything about their company. I’ve seen this back fire on entrepreneurs who say things like, “Well, we’re not talking financials with investors yet.”. Simply don’t bring them up. Another VC called the co-founder & tech head – Parker Harris.

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7 Startup Laws Of Finance That You Dare Not Shortcut

Startup Professionals Musings

Many startups fail before reaching that magic “cash-flow positive” position they have been striving for, despite seemingly reasonable financial projections. A closer analysis often indicates the cause to be a lack of diligence in handling common business finances. A startup must ensure that the payments are collected per agreed terms.

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7 Ways To Validate Your Business Idea Before Starting

Startup Professionals Musings

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Availability of necessary skills and team members.

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