7 Keys To A Compelling Investor Executive Summary

Startup Professionals Musings

Few investors these days have the time or patience to read a full business plan, so a better way to catch their eye is with a tightly written and well formatted two-page executive summary. Project revenues, costs and investment expectations.

Equity Investment Platform Preparation Best Practices

Startup Professionals Musings

If you are one of the thousands of entrepreneurs who need equity funding to get your startup going (no loans to repay), you are probably overwhelmed at the prospect of finding, contacting and pitching to the huge number of qualified angels and investment groups around the country.

Oh, go ahead and ask for a five-million-dollar investment in your startup.

Berkonomics

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. Entrepreneurs have a vision for what and how to create and build a great business.

How Do VCs Choose Their Investors (and should entrepreneurs care?)

Both Sides of the Table

I recently read a blog post by Beezer Clarkson, Managing Director of Sapphire Ventures about why entrepreneurs should care about from whom their VC funds raise their capital. How much money will they reserve from their fund for future investments in your startup?

10 Steps To Investing Successfully In New Ventures

Startup Professionals Musings

Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. It’s an opportunity for that “big bang” return of 10X to 100 times your initial investment, like early investors in Google, Microsoft, and Apple.

Consider all resources before seeking investment.

Berkonomics

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. The investors want a motivated entrepreneur, and it is certainly more difficult to motivate a twenty percent owner than a sixty percent owner. Entrepreneurs have a vision for what and how to create and build a great business.

10 Business Plan Tips Too Many Entrepreneurs Forget

Startup Professionals Musings

If you want people to invest in your idea, then my best advice is first write a business plan, and keep it simple. The one-page Oprah plan is a good executive summary, but it’s not enough to get the investment.

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10 Entrepreneur Approaches That Turn Off Investors

Startup Professionals Musings

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Investors invest in the jockey, more than the horse. “I’ve

10 Preparation Steps to Win an Angel Investment

Startup Professionals Musings

A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. Build an investor presentation and summary.

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Entrepreneurs Need More Relationships And Fewer Friends

Startup Professionals Musings

Successful entrepreneurs understand the difference between a good business relationship with more people and having more friends. In the world of entrepreneurs and startups, professional relationships are critical. Here is my summary of how business relationships relate to friends.

Proceed With Caution Selecting Startup Investments

Startup Professionals Musings

Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. It’s an opportunity for that “big bang” return of 10X to 100 times your initial investment, like early investors in Google, Microsoft, and Apple.

8 Types of Investors That Entrepreneurs Need to Avoid

Startup Professionals Musings

Every entrepreneur should do the same due diligence on a potential investor that smart investors do on their startups. Here is a summary of some key investor stereotypes that generally need to be avoided: Investment sharks. avoid business entrepreneurs investors startups

How Entrepreneurs Must Reinvent Themselves To Thrive

Startup Professionals Musings

Sometimes entrepreneurs are so focused on making change happen for others, that they forget that continually changing themselves and their company is equally important. Negative advice on an unknown is easy and safe to give, so every entrepreneur hears it over and over.

Savvy Entrepreneurs Plan Both Business And Product

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Is it any wonder why so few entrepreneurs ever find the professional investors they seek?

Why Startup Entrepreneurs Need to Communicate More Like George Bush Than Al Gore

Both Sides of the Table

I use George Bush vs. Al Gore as allegory and I’ve been using it with entrepreneurs for years to sink in a simple point about how to communicate with the market. Most Silicon Valley tech entrepreneurs I know are more like Al Gore. Entrepreneur Advice

Outbound VC Dialing Programs – Total Disrespect for Entrepreneurs

Both Sides of the Table

“Hi [entrepreneur], I hope all is well. It's big, well known & we've invested in all of these really cool companies]. I know the firm well and I know the entrepreneur & his business well. So I have to imagine many other entrepreneurs felt the same.

The One Word That Shouldn’t Exist in an Entrepreneur’s Vocabulary

Both Sides of the Table

The one word the best entrepreneurs never accept. I’ve been pitched by hundreds of entrepreneurs who never actually asked me whether I would invest. ” In summary, I recommend some honesty with yourself. I said it.

10 Key Outsourcing Mistakes Made By Entrepreneurs

Startup Professionals Musings

He is regarded by many as the number-one authority on virtual staffing and personal outsourcing, and is himself a successful entrepreneur based in the Philippines. Some entrepreneurs get outsource-happy to save costs and begin outsourcing everything and anything that lands on their desks.

Startup Children – How To Parent An Entrepreneur (Part I) - Teach Your Children To Create Something Out of Nothing

InfoChachkie

I recently answered the question “ What are good ways to raise your children to be entrepreneurs? ” I believe that you cannot teach someone to be an entrepreneur, but that you can teach entrepreneurs. Plot Summary. Dishonest entrepreneurs are unsuccessful in the long run.

Angel Investing (1): Dealflow – Are You Sitting at The Right Poker Table?

Both Sides of the Table

Executive Summary. I believe the rise in angel investing is here to stay and the professionalization of this class (aka “super angels&# or “micro VC&# ) is a good thing for the VC industry and for entrepreneurs.

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When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Every entrepreneur needs a good “elevator pitch” which succinctly describes the idea, the customer value proposition, and business profit.

Angel Investing 4 – Why You Need Deep Pockets to Win Big

Both Sides of the Table

This is the fourth article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). Markets like these are very kind to angel investors because you get taken out early and see a nice pop on your investment.

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8 Key Actions for Entrepreneurs Needing Early Money

Startup Professionals Musings

Most entrepreneurs have learned that it’s almost always quicker and easier to get cash from someone you know, rather than Angel investors or professional investors (VCs). You see, investors invest in people, before they invest in ideas or products.

How to Succeed in Living the Entrepreneur Lifestyle

Startup Professionals Musings

It is not for everyone, as the entrepreneur’s path is fraught with challenges. One of the best summaries I have seen is a recent book by Bill Murphy, Jr., Problem solvers make successful entrepreneurs. In a startup, the entrepreneur leader has to do two things.

1001 Serial Articles for Entrepreneurs & Startups

Startup Professionals Musings

As of today, I will have published an article here for entrepreneurs and startups every day for the last 1001 days, since I started Startup Professionals Musings near the close of 2008. Here are ten key messages that I would like to leave you with: I continue to gain respect for entrepreneurs.

I Just Invested in @Burstly, a Mobile Ad Management Company

Both Sides of the Table

I’m very pleased today to announce that I invested, on behalf of GRP Partners, in Burstly alongside Rincon Venture Partners , an early stage VC in Southern California whith whom we love to work (and were our co-investors on RingRevenue ). As I naturally get asked all the time why we invested in Company A or Company B, I thought I’d just put forth my thesis in writing. Naturally I’m excited about this investment or I wouldn’t have done it.

Ten Tips for an Investment-Grade Business Plan

Startup Professionals Musings

Things that make it investment-grade for outside investors will also benefit you, since you are the ultimate investor. Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.”

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An IPO Exit Strategy Puts the Entrepreneur at Risk

Startup Professionals Musings

Many entrepreneurs still dream of “going public,” making billions of dollars, and playing with the big boys. Expensive new IT systems, consultants, and investment bankers are usually required. entrepreneur startup liability risk IPO business

Real Entrepreneurs Exit If Their Startup Goes Public

Startup Professionals Musings

Many entrepreneurs still dream of “going public,” making billions of dollars, and playing with the big boys. Expensive new IT systems, consultants, and investment bankers are usually required. entrepreneur startup going public IPO exit strategy business

A Financial Model Investment Has a High Return

Startup Professionals Musings

Most entrepreneurs tend to avoid this area of the business, and as a result are badly surprised by cost realities, and investor expectations. These are necessary to estimate capital investment requirements, plan capital allocation, and measure financial performance.

Entrepreneurs Seven Different Styles by Sexes

Startup Professionals Musings

Do you think men make better entrepreneurs than women, and why? First of all, it is evident that there are fewer women entrepreneurs today than men. Here is a summary of observations from this and other studies: Leadership style. Investment style.

An Advisory Board is a Startup’s Best Investment

Startup Professionals Musings

To bring real money and credibility to your company, and help you avoid costly mistakes in development and strategy, a first-class Advisory Board is a small investment. Tags: entrepreneur advisory board startup funding business

‘Dear Abby’ Style Advice to Real Entrepreneurs

Startup Professionals Musings

I always love to get questions from my readers, and I answer them all, but sometimes I feel like the “Dear Abby’ for entrepreneurs. I have developed a Non-Profit and a For-Profit HealthCare and Home Care Agency, and I have an Executive Summary and Business Plan.

You Don’t Need to be Rich to be an Entrepreneur

Startup Professionals Musings

As a result, being an entrepreneur in now within the financial reach of almost everyone. See my interview a while back with parallel entrepreneur Rich Christiansen , who has started 28 businesses with a target bootstrap investment of $5K each.

7 Investor Term Sheet Demands Startups Need Not Fear

Startup Professionals Musings

Most entrepreneurs looking for an investor can tell you how much money they need, but few have given much thought to what they are willing to give up for it. For later investments, the price is equity, with a percentage of the owner stock to be assigned to the investor.

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