After reaching a comfortable level of success, a well-conceived program of expansion can take your business to the next stage. This move can increase your profits, provide stability and leave you in a more established position in the market. To do this, it’s likely that you’ll need to seek investment. Even if you don’t have […]
Investors
Can You Defend Your Plan & Not Be Defensive?
When meeting with investors or even your board, during the period devoted to feedback after your presentation, you will hear comments and recommendations that don’t resonate with you. Some will be from a misunderstanding of your explanation. Some listeners will challenge your assumptions. Some will seem to ask just plain show-off questions, in which the […]
Have You Heard the Rule of the Thirds?
It starts with sharing the opportunity and upside Think of startups and early stage businesses whose entrepreneurs you know. How many of them, particularly in technology, were able to start a company, supply all the funding, and share no management tasks or equity with others, and still grow the company to any significant size, worthy of […]
What Investments Should a New Entrepreneur Make?
There are a lot of things someone new to the world of startups should know. Indeed, if you’re new to the world of entrepreneurship, you’re in a much riskier boat than most. Maybe you’ve just come up with a product or business idea, and you need to know where to go next. Well, the number […]
5 Startup Stages and the Right Investors For Each
Time is too precious to waste trying to close a deal with the wrong investors at the wrong time. Luckily, not all investors are looking for the same thing, so it pays to know what type of investors are most interested in what your startup brings to the table. The key is understanding how potential […]
4 Ways to Finance Your Small Business
Opening your own business is a thrilling venture. It can represent financial freedom to many, but worry about those finances remains part of the job for small businesses. Financing your business is an important part of starting a company that can make or break your business within the first year of operation. Here’s what you […]
10 Strategies That Will Fail At Attracting Investors
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. Others will work hard on a business plan, and then mail it indiscriminately to every potential investor they can find on the Internet. Both […]
5 Simple & Smart Ways to Finance Your Business Even During Hard Times
Starting a business is exciting, even during uncertain times. But no matter what industry you’re planning to enter into, you’ll need money to make it happen. There are dozens of ways to finance a new business, but some of them are better than others. Here are five proven and easy ways to get your business […]
7 Proven Techniques to Streamline Your Sales
Sales. For many new entrepreneurs, putting on a salesperson’s hat is anything but enjoyable—but it’s a necessary evil. During the first years of your business—if not the whole life cycle of the business—you are your company’s best spokesperson. Even if you eventually hire a sales guru or a sales team, you must still represent your […]
8 Indications of an Entrepreneur Sought by Investors
An entrepreneur is literally “one who creates a new business.” The best new businesses are ones that have never been done before, so mastering creativity and recognizing creativity are key skills and mindsets. But how does one recognize and nurture creativity in a person or team? In researching this question, I reviewed a classic book […]
