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Both Sides of the Table
AUGUST 28, 2012
This is a hot topic I’ve been asked a lot about recently. I have seen some entrepreneurs go into first meetings willing to share almost anything about their company. I have seen others who seem guarded and cloaked about what they’re working on. Don’t mention that you have strategic initiatives that you can’t talk about.
Startup Professionals Musings
JANUARY 18, 2016
Most entrepreneurs work long and hard to get a handshake agreement from an investor, and then tend to relax and wait for the check to clear. What they don’t realize is that about half the investment deals fail to close at this stage, including mergers and acquisitions , during the due-diligence process.
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InfoChachkie
JULY 7, 2016
The entrepreneur cannot wait to show me their product via a demo. Most entrepreneurs seem confused by my reaction and often say something like: “VCs love demos. You’re the first one I’ve met who didn’t want to see our product.” GUI Fever – Entrepreneurs are often justifiably proud of their clever, clean user interfaces.
Startup Professionals Musings
FEBRUARY 4, 2012
After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. This is the dreaded “due diligence” process. Product or service readiness.
Startup Professionals Musings
OCTOBER 10, 2021
Every technical entrepreneur is an early adopter of technology, so naturally they build things with people like themselves in mind. The good news is that early adopters are never reluctant to sign up as beta customers and will provide you early feedback on product quality. Psychologists call this the confirmation bias.
Startup Professionals Musings
OCTOBER 22, 2010
After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. This is the dreaded “due diligence” process. Product or service readiness.
Startup Professionals Musings
FEBRUARY 7, 2021
Gerber wrote a best-selling business book called The E-Myth: Why Most Businesses Don’t Work and What to Do About It. The E-Myth (“Entrepreneurial Myth”) is the mistaken belief that most businesses are started by people with tangible business skills, when in fact most are started by “technicians” who know nothing about running a business.
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