How to Avoid Doing Bad VC Deals

Posted by TonyJohnston_CNi under Raising Capital
From http://blog.tonyjohnston.biz 5119 days ago
Made Hot by: SkipAnderson on November 22, 2010 4:05 pm

Having the right ENTREPRENEURIAL MINDSET about using other people's money is your best protection against doing a you’re-gonna-regret-it-later financing deal. Read how to get it here...

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Comments

Written by ShawnHessinger
5116 days ago

Thanks Tony,

Great post and great advice. Some entrepreneurs seem to view getting funded as an end rather than a means, something that I think is probably the most harmful attitude of all. The end is not to get investment in your company, it's to grow a healthy and profitable business. Ask yourself whenever pursuing financing whether what you are doing will serve this end.

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Written by TonyJohnston_CNi
5115 days ago

Shawn, thanks for your comment and kind compliment. Hopefully, my blog article will help business owners and their top managers think carefully before they act when considering doing a major money deal and so, get a better one done as a result! (Of course that's presuming they don't go rethink the matter by realizing how they don't REALLY need other people's money just now!)

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