Efficiency, the ability to accomplish a job with a minimum expenditure of time and effort, is one of the most important ingredients to business success. Startup companies must be ruthless in this pursuit.
Although I have more than 25 years of experience working with business, entrepreneurial and technical personnel, I continue to experience unfamiliar acronyms. As a result, I decided to create a quick reference list summarizing acronyms utilized in the startup and entrepreneurial community.
A series LLC is a unique form of limited liability company (“LLC”) in which the articles of formation specifically allow for unlimited segregation of membership interests, assets, and operations into independent ‘‘Protected Series’’
Ultimately, the fit is as important to the advisory board candidate as it is to the entrepreneurs and the company. If it is learned that the fit doesn’t exist after the advisor has been on-boarded, it will likely turn out to be a waste of time for everyone.
Startup funding requires teams to convince investors that their idea is worth investment. You may have an outstanding idea, a detailed plan, and a strong team … so what are you doing wrong?
If you’re looking to gain anything over 25$, you’re going to be asked where the money is going. This fact can be applied towards family and friends, but especially if you are asking for a loan from a bank.
Men have typically dominated the angel investing world. However this is changing as a result of a growing numbers of women entrepreneurs, investors and mentors.