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What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

(In case it’s not obvious it’s a play on the Nike slogan, “Just Do It.&# ) I believe that being successful as an entrepreneur requires you to get lots of things done. Entrepreneurs make fast decisions and move forward knowing that at best 70% of their decisions are going to be right. This paralyzes most people.

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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? Find a recognized billion dollar and growing market.

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Please Help Me Congratulate Jordan Hudson as @UpfrontVC’s Newest Investment Principal

Both Sides of the Table

Please help me congratulate him by Re/Tweeting this post (and following him if you don’t already). Industry reviews. Helping be the VC “presence” at key events. Associates often shadow partners at board meetings so that they can help follow up with the company on important initiatives between board meetings.

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Interview with Mike Napoli, Tech Coast Angels

socalTECH

The debt market has pretty much shut down for people, though there is some money coming out of the SBAs that have been somewhat helpful. Investors are very focused on diligence, on business models that make sense, and those companies that have a definite competitive advantage and defensibility to what they're doing.

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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. Use the common sense suggestions to avoid the pain: Decoy investor scam.

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6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

You need to do the due diligence to make that decision before you sign away your equity. As a former startup investor, I was often involved with due diligence on founders, and I felt that founders should do the same on co-founders, as well as investors. Obviously a partner maximizing profits would not be happy.

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Why Entrepreneurs Should Be Respected More Than Loved

Both Sides of the Table

The “span of control” for a growing tech startup is probably 6-9 people. You help them prioritize their objectives and review the results. They review competitors offerings and analyst reports. They want to help the organization determine what must be built and when. You set direction.