Is your NDA doing more harm than good for your startup? Here are 5 reasons Angel and VC funds avoid NDAs.
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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A principal goal in the life of a scalable startup company is getting external equity funding. The closing of a funding round is cause for celebration. However, founders are often left with a somewhat bitter-sweet taste when they realize what just happened.
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.
There are four major sources that the entrepreneur and startup can utilize to identify advisory board candidates. Most experienced CEOs will tell you to begin close by, with who you know. Your personal network and your company are a great place to start.
If you can’t feed a team with two pizzas, then the team is too large. – Jeff Bezos. Investors want to invest in people more than products, because people make products.
The basic question that most plans leave unanswered is, “How do I know if my plan is working?”
There is one key to ensuring your best chance at startup success: “Brutal Honesty.” Without that, you likely will not succeed.
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.
Entrepreneurs tend to be arrogant. This sounds rather like a criticism, but it’s more a statement of fact and a caution.