Remove Ideas Remove Study Remove Technical Review Remove Writing
article thumbnail

Startup Due Diligence Is Not a Mysterious Black Art

Startup Professionals Musings

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. Waste no time.

article thumbnail

Understanding the Dreaded Investor Due Diligence

Startup Professionals Musings

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. Waste no time.

Insiders

Sign Up for our Newsletter

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

article thumbnail

7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

They can iterate and evolve their business idea with a low burn rate and minimal dependencies. In fact, they are probably in such a hurry to give you money that they don’t want you to waste time writing anything down and passing it along to new investors. Writing it down promotes both understanding and commitment.

article thumbnail

A Perspective On When A Business Plan Adds Value

Startup Professionals Musings

They cite sources like the BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this Forbes article. They can iterate and evolve their business idea with a low burn rate and minimal dependencies. From my perspective, much of this advice is an urban legend and just plain wrong.

article thumbnail

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

InfoChachkie

The short version of my review is: “Enchanting? At the beginning of the index, Guy writes, “I hope Robert Cialdini checks this index.” A cause can be a: non-profit, Internet startup, idea, political opinion, or coffee shop. Like King, his writing style is breezy and engaging. No doubt, he did. Prototype Your Work.

article thumbnail

What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

I believe that huge financial, productivity and technical gains come from new innovation rather than derivative thinking. Yet nearly any entrepreneur who has an idea that other people aren’t doing will tell you that it’s hard to get investors excited. I will write about some of these topics soon. That is conformity.

Invest 299
article thumbnail

Startup Tips From College Dropouts: Zuckerberg, Jobs, Gates, Dell, Ellison, Branson and Disney

InfoChachkie

Even if an established leader in your industry does not see the wisdom in your ideas, do not waiver. As Clay Christensen aptly points out in The Innovator’s Dilemma, a large company’s defense of its legacy clouds its ability to appropriately assess the potential impact of disruptive technologies. Entrepreneurs are misfits.

Tips 279