Receiving investment from angels can be a daunting, time consuming process, one that is inherently inefficient. Experienced entrepreneurs take steps to minimize these funding inefficiencies.
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
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Startup Accelerator Spotlight
Startup Investor Spotlight
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University Entrepreneurial Program Spotlight
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An entrepreneur without funding is a musician without an instrument.― Robert A. Rice Jr.
Even the great ones can screw this one up, case-in-point: Apple, Inc. Consider this lesson when preparing for your next investor pitch.
Capital obtained through an equity round would not result in a taxable event to the entrepreneur. It would constitute equity on the company’s balance sheet. Likewise, investment capital obtained through a debt offering would not result in a taxable event to the entrepreneur. Debt, such a Convertible Note, would constitute a long term liability on the company’s balance sheet.
Greensboro ranks number 9 in the country as a top city for startups, and scores high as a result of its favorable business environment. (source- wallethub, April 2015)
Salt lake City is the capital of Utah and it’s most populous city, and was announced as one of the best cities to found a startup.
(source- Datafox, December, 2015)
An estimated 93% of DJs still use printed songbooks and paper-slips for patrons. This becomes an exhaustive expense for the DJ and venue. The resulting pains are a negative experience for patrons and result in lower dwell times, less repeat patronage, and fewer dollars spent in-venue.
Chattanooga,TN, known as the “Gig City” ranks number 4 in the country as a top city and entrepreneurial ecosystem for startups. (source – wallethub, April 2015)