Launchopedia was founded by a group of Angel Investors with a desire to speed up the pipeline from concept to funding for entrepreneurs. Our resources and strategies are designed to give YOU the ability to build an investible company.
Posts By: Matthew Cleek
How to Build a Winning Team
How to Create a Strategy, Vision and Mission
How to Create an Advisory Board
How to Get Funding
How to Improve Your Company
How to Improve Your Pitch
How to Start Your Company
Entrepreneurial Ecosystem Spotlight
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It is essential to understand your organization’s dreams for the future, prior to coming up with the pretty words you put on paper and hang in conference rooms. So, how does an organization create an effective vision statement?
Every scalable startup will require external funding. A great team with an amazing idea where there is a clear demand is still doomed without the finances to make it happen.
“The single biggest problem in communication is the illusion that it has taken place.”– George Bernard Shaw
I am amazed at the number of privately held business partnerships that do not have a formal buy-sell agreement in place. This one is absolutely essential. When forming your business, you chose your partner; make sure you have some rights when it comes to who your partner will be as time goes on too.
Many founders don’t consider this one until it’s too late. The excitement and adrenaline of getting started leads to a “kumbaya atmosphere” where all things are equal. This spills over into salaries. Sooner or later, the amount of time, effort and energy expended by the partners is no longer equal, but their salaries are. Tensions begin to rise.
noun: value in a property, business, etc., that results from the work that a person does to improve it;
also : the work itself”
How to protect yourself and your business startup when the partnership falls apart.
As Angels and VCs are tightening their fists, entrepreneurs are less likely to get next stage funding. Having a great team, pitch and front man are simply not enough.
You can be a successful entrepreneur. You’ve just graduated and are ready to put all of that knowledge and energy to use. Admittedly, a great deal of your practical knowledge was picked up outside the classroom – like the time you broke into the Dean’s office with.. how long ago was that? Nevermind, the statute of limitations hasn’t passed.