10 Writings Tips To Get Maximum Impact From Any Plan

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. This means writing at the level of an average newspaper story (about eighth-grade level). business plan entrepreneur simple startup Tim Berry

How To Write An Effective Answer On Quora: Communications 101

InfoChachkie

John Greathouse , Entrepreneur, Investor, Professor and Freshman In The School Of Life. I write a bit more about how entrepreneurs can protect their ideas here: Spilling The Beans. I encourage emerging entrepreneurs to utilize Quora. Entrepreneur Sales The Fringe

Where is the best source of early stage investment?

Berkonomics

If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Invest 263

Female Entrepreneurs, AI and Investing: A Chat With Meredith Finn, March Capital

socalTECH

Earlier this month, the annual Montgomery Summit conference was held in Santa Monica, including a special portion of the conference dedicated to the Rise of the Female Entrepreneur. We spoke with Meredith Finn a new Partner at March Capital--who headed up that the Rise of the Female Entrepreneur sessions this year--to hear more about her perspectives on investments, what the Rise of the Female Entrepeneur was all about, March's interests in artificial intelligence and more.

How I Invest

Both Sides of the Table

During the Q&A I was asked about how I make investment decisions in early-stage businesses. I answered in the same way I always do so I thought I’d just write it publicly. “I I know that sounds trite but it’s the best way I can describe my early-stage investments. If I don’t do both then it’s highly unlikely I will invest. I know now that investments will consume many hours including late nights / early mornings and weekends.

Invest 219

Invest in Lines, not Dots

Both Sides of the Table

In normal times investors will look for “traction&# before investing. For this reason I tell entrepreneurs the following: Meet your potential investors early. I didn’t invest in Orgoo but by the time he launched Ad.ly Investors are writing checks for dots.

Invest 420

Some Reflections on VC Investment Decisions

Both Sides of the Table

I started in 2007 with a thesis that my primary investment decision would be about the team (70%) and only afterward about the market opportunity (30%). Of course these are great places to network with other investors, meet great entrepreneurs and keep your connections strong with senior execs at larger companies like Yahoo!, But they are also a tax on your time with portfolio companies, looking for new investments, running your shop and honestly they are a tax on your family life.

Invest 299

Entrepreneurs: Take the time to celebrate your exit.

Berkonomics

But what most entrepreneurs fail dramatically at is to celebrate the moment. Not many founders or entrepreneurs do experience the success of a favorable sale of the business they dreamed would make them rich. The do as all good entrepreneurs do. Write a book; I did.

The Very First Startup Founder You Need to Invest in is You

Both Sides of the Table

This week I wrote about obsessive and competitive founders and how this forms the basis of what I look for when I invest. I had been thinking a lot about this recently because I’m often asked the question of “what I look for in an entrepreneur when I want to invest?”

Invest 419

The Entrepreneur Thesis

Both Sides of the Table

I call it the entrepreneur thesis. I’m not talk about the age old debate amongst investors whether you back entrepreneurs, markets or products (or as people like to hedge – product / market fit). It’s entrepreneurs I back. Today’s post is about my investment thesis.

A Serial Entrepreneur’s Take On Guy Kawasaki’s Enchantment

InfoChachkie

Although many are entertaining, most fail to provide entrepreneurs with a sufficient return on their time investment. Unfortunately, most business books do not offer entrepreneurs an adequate payoff. For instance, Guy refers to an entrepreneur’s venture as their “cause.”

Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). I’d rather be Roger Ehrenberg with a thesis around data-centric companies and base my investment decisions on the skills I’ve developed in my career.

Invest 325

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. This means writing at the level of an average newspaper story (about eighth-grade level).

Tips 102

Angel Investing Skill 2 – Domain Knowledge

Both Sides of the Table

This is the second article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). And we all know that Ron Conway is considered the savviest of angel investors and yet by definition not all of his investments succeed.

Invest 317

What Makes an Entrepreneur? (1/11) – Tenacity

Both Sides of the Table

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I wanted to also post the series here to have it as a resource on my blog for future entrepreneurs who stop by.

Entrepreneur’s Don’t Think Enough. Here’s What You Can Do About It …

Both Sides of the Table

Now, I’m pretty on the record that being an entrepreneur is about being great at The Do. I have written about the need for entrepreneurs to take inventory in themselves before deciding whom to hire as the rest of the team. Entrepreneur Advice

7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Fallacy: An entrepreneur’s two most precious assets are time and money. In addition to paying the consultant, you must invest time to educate them.

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. business relationships entrepreneurs friends startups

A Serial Entrepreneur’s Take On Brad Feld & Jason Mendelson’s Venture Deals

InfoChachkie

Their primary intended reader is a “first-time entrepreneur”, but clearly other stakeholders within the startup universe can also benefit from the book’s hands-on advice. They are both former entrepreneurs and current Partners at Foundry Group , a highly successful, early stage venture firm.

Hungry Entrepreneurs Always Seem To Find Capital

Startup Professionals Musings

Most entrepreneurs think first of bank loans as the primary source of money, only to find out that banks are really the least likely benefactors for startups. In the startup context, look for a successful entrepreneur peer willing to fund similar new ideas.

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. This does not mean you shouldn’t solve big, complex problems or write complex code. Entrepreneur Advice

From Startup Newsletter To Best Selling Book: How This Entrepreneur Pulled It Off

InfoChachkie

Consistent with the statistics cited in Why Entrepreneurs Hate (Most) MBAs , the large majority of John and Kyle''s classmates accepted positions at investment banks and consulting firms upon graduation. Saying, ''Hey, we want to pay you to write a book.’

What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

They have marked-up paper gains propped up by an over excited venture capital market that has validated their investments. Logic tells me the following: It is hard to make money angel investing. It was an investment management class. I will write about some of these topics soon.

Invest 324

8 Angel Investors That Entrepreneurs Should Avoid

Startup Professionals Musings

A few angel investors have slipped or fallen from their lofty perch, so entrepreneurs must take great care to validate the character and reputation of every prospective investor. Many entrepreneurs believe all money is created equal.

Angel 132

Every Entrepreneur Needs to Master Public Speaking

Startup Professionals Musings

As a mentor for aspiring and early-stage entrepreneurs, I talk to a fair number who may have a great vision and a strong engineering background, but have a negative interest in the role of public speaking in business. For an entrepreneur, the need arises as soon as you have your initial idea.

Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

This is the third article in a series on what it takes to be a great angel investor (and why this should matter to entrepreneurs). I’d rather be Roger Ehrenberg with a thesis around data-centric companies and base my investment decisions on my background.

Invest 212

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” It’s the most common refrain I hear from investors and even entrepreneurs these days. I think there is also no denying the role that Richard Rosenblatt has played in building the LA tech ecosystem and spawning great entrepreneurs who followed in his footsteps.

10 Lessons For Entrepreneurs on Building Trust

Startup Professionals Musings

One of the first harsh realities that every entrepreneur has to learn is that most of the things that are critical to startup success are outside of their direct control. As a new startup, you the entrepreneur are the brand. trust entrepreneur startup August Turak business secrets

Entrepreneurs Must Measure ROI On Social Media

Startup Professionals Musings

If you are an entrepreneur today, and not using social media to promote your business, you are missing out on a huge opportunity. Most social media outlets don’t require a subscription charge, but they certainly require an investment – in people, in technology, your reputation, and your time.

10 Entrepreneur Milestones That Make Funding Easy

Startup Professionals Musings

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Forcing yourself to write down a plan is actually the only way to make sure you actually have a plan. Show personal investment.

Contract Traps Entrepreneurs Should Avoid At All Costs - Sweet Sixteen Kisses of Death

InfoChachkie

Just as Batman repeatedly avoids Poison Ivy’s kiss of death, so too must entrepreneurs avoid the Kiss of Death provisions which BDCs attempt to include in their agreements. As noted in Frugal Is As Frugal Does , after cash, an entrepreneur’s most valuable asset is time.

Savvy Entrepreneurs Look for More Than Funding

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).

Non-millennial Bootstrapping – These 50-Something Entrepreneurs Rejected VC $ And Nailed It

InfoChachkie

Greathouse: Your collective experiences have clearly made bootstrapping a viable option for you, more so than might be the case for a typical, younger entrepreneur who needs more direction, doesn’t have cash discipline, etc. We both made personal investments in the company.

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? ” My response was brief and straightforward, which is common of popular Quora answers (as discussed in How To Write An Effective Quora Answer ). Entrepreneur Parenting The Fringe

7 Entrepreneur Traits That Let You Soar With Angels

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Some entrepreneurs love to talk and produce videos, but hate to write anything down.

Angel 126