article thumbnail

5 Equity Crowdfunding Reflections Before You Sign Up

Startup Professionals Musings

With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. I would summarize the qualms and feedback from professional investors as the following: Crowdfunding platform costs trickle down to angel groups.

Equity 164
article thumbnail

7 Keys To A Winning Business As A Phone App Developer

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. Yet according to other statistics, vanishing few of these ever generate a significant profit. After this connection, you need not share the 30% of all revenue collected by the store platform.

Develop 138
Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Crowdfunding Concerns Worry Professional Investors

Startup Professionals Musings

With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of angel investment groups and venture capital organizations. According to more recent statistics , fewer than a third of all crowdfunding operations end up being successful, and the rest have to return anything they do collect.

Equity 80
article thumbnail

As An Entrepreneur, Are You Ready To Meet The Press?

Startup Professionals Musings

Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay. Ask Eric Migicovsky, founder of Pebble , who raised over $10 million on the Kickstarter crowd-funding platform for his relatively low-tech wristwatch with programmed clock faces. Both need to be clear and direct.

Press 96
article thumbnail

6 New Venture Realities To Target Your Funding Effort

Startup Professionals Musings

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Here again, the entrepreneur will be the one hurt most, by having fewer funding sources to access.

Funding 144
article thumbnail

7 Keys To An Engaging Framework For Social Media Mktg

Startup Professionals Musings

They randomly churn for hours a day on a couple of their favorite social media platforms, with little thought given to goals, objectives, or metrics; and ultimately give up and fall back to traditional marketing approaches. Obviously, the platforms and how you use social media would be different for lead generation versus service and support.

article thumbnail

7 Lessons For Mobile App Developers To Beat The Odds

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. Yet according to other statistics, vanishing few of these ever generate a significant profit. After this connection, you need not share the 30% of all revenue collected by the store platform.

Mobile 126