Modern investors love to first read a two-page summary of your business plan, formatted like a glossy marketing collateral sheet, with text well laid out in columns and sidebars, and a couple of relevant graphics. This one had better grab their attention, or they won’t look further.
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Martinzwilling voted on the following stories on BizSugar
Give Investors an Executive Summary That Rocks
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From http://blog.startupprofessionals.com 4922 days ago
Entrepreneurs Don’t Fear Asking Stupid Questions
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From http://blog.startupprofessionals.com 4923 days ago
I’m a big fan of the old adage "There are no stupid questions, only stupid answers." We have all heard questions that begin, "This may be a dumb question, but …" used effectively by smart people who are not afraid of risking ridicule by challenging a questionable assertion from an intimidating spea
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Entrepreneurs Beware the Burdens of Bankruptcy
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From http://blog.startupprofessionals.com 4924 days ago
If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last re
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Location-Based Services are a Bonanza for Startups
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From http://blog.startupprofessionals.com 4925 days ago
These days, I’m hearing more and more about Location-Based Services (LBS) as the next big opportunity for startups. So far, it’s just another mobile phone app that tells people where there friends are (Foursquare and Facebook Places), but it’s poised to be a lot more. Internet marketers see it as a
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Don’t Be Fooled by Investment Scams For Startups
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From http://blog.startupprofessionals.com 4926 days ago
After you have heard a few startup success stories, like Google, Facebook, and Microsoft, you may be tempted to invest some money yourself, maybe by pooling your funds with other investors who claim to have a great track record. My advice is to leave the investing in startups to the professionals (
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Ten Questions to Ensure a Viable Business Model
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From http://blog.startupprofessionals.com 4927 days ago
You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because ever
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High Burn Rates Result in Short Startup Runways
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From http://blog.startupprofessionals.com 4928 days ago
Cash is the fuel of every startup. Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go before refueling (runway). That refueling is when you will need more investment, or when you will break even and begin that steep profitable growth curve.
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Startups are Media Companies Building a New Brand
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From http://blog.startupprofessionals.com 4929 days ago
The days are gone when a techie or a genius could build things in his garage and customers would find and buy the product, based purely on the “wow factor” of the technology. New technologies are everywhere today. People have seen so much that they aren’t impressed anymore, and fully expect the imp
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Entrepreneurs and Inventors Need Each Other
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From http://blog.startupprofessionals.com 4930 days ago
In my experience, inventors aren’t interested or aren’t very good at building a business, and entrepreneurs aren’t usually good scientists. These people need to find each other, and can jointly make a great team for a new startup.
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Startup Goals Have Value Only if You Achieve Them
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From http://blog.startupprofessionals.com 4931 days ago
Before you as an entrepreneur can hope to successfully start a new business, you need to set some goals and milestones to lead the way. It’s easy to talk in the abstract about all the possible applications for a new technology, but you don’t have a viable business plan, until you have specific targ
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