I found this list in a very good post from Charlie O’Donnell on his blog This is going to be BIG. I don’t know him, and I didn’t know his site, but on digging I discover he has done time with Union Square Ventures, teaches entrepreneurship and practices what he preaches with a couple of [...]
If you’re hoping to secure a financial partner to help you grow your business, you’d better know what potential investors are looking for your presentation (and your business).
As everything goes digital, it becomes more and more important to establish new methods for quickly disseminating information. It isn’t enough to simply store files on a hard drive; they need to be accessible and well-organized. A well-managed file system can help ensure that nothing falls through the cracks, and giving the right people constant [...]
Sometimes you only get 10 minutes to pitch your business opportunity to investors—this is a format I’ve successfully used and seen work for many other first-time start-up CEOs.
Doing your homework before seeking an investor is absolutely number one priority. There are thousands, if not millions, of entrepreneurs that haven’t the slightest clue how to approach a deal. Here are some common mistakes I see entrepreneurs make when they’re talking to investors. Don’t say or do any of the following, and you’ll have [...]
Bill Payne had a nice post on gust.com late last month titled Using your business plan, in which he lists the different forms or outputs people confuse with a business plan and sets each one into the proper use context. He defines the elevator pitch, video pitch, executive summary, PowerPoint presentation, and business plan as [...]
Do investors want to read business plans, or do they just want you to wow them with a dynamic pitch? And can you have one without the other? These days you hear a lot of talk about how the business plan isn’t necessary. And maybe the pitch is what gets you in the door, but [...]
Although I don’t like the title — there’s nothing surefire about getting investors — in 9 Surefire Ways to Get Investors on American Express OPEN Forum author Katie Morell has a good list for anybody considering looking for investors. She’s gone to a collection of good sources and quoted them well. About the team: ‘Do [...]
This morning I got an email from somebody on bplans.com, asking my advice about a startup, and since it’s something that comes up a lot, I decided to answer it here. I’m omitting some of the details, of course, because it was email, not intended to be published: I am starting a company. My investor [...]
So, maybe you’ve got some nifty new idea for generating value for your customers, or your company. Why bother writing it down, outlining it in detail, or even trying to explain it? 1. Your investors and lenders If you’re asking for money, you’d better be able to show how it will be used, how it [...]