I received this question in an email: What is the average return for a business investor and what are the typical terms of the return? For example, if a complete stranger wants to invest $50,000 in our company (at start up), what would most investors ask in return? The question reminds me that most of the [...]
While a good idea is usually a necessary ingredient for the formation of a good company, it is not sufficient by itself for any serious investor to fund.
Believe it or not, there are major corporations out there willing to advise you (for free) as you start your new business. Why? Because if you’re successful, you’re likely to be a loyal, lifetime customer.
If you are like me, not a day goes by without some conflict on your startup team. You and your co-founders have different perspectives on what features to prioritize or which business strategy to adopt or whether a job candidate should be hired.
Starting up a business requires a diversity of assets. First-time entrepreneurs often feel anxious when they think about all the factors that must play a role if their ideas are ever to get off the ground. In their minds, success or failure seems to hinge upon finding deep-pockets funders, expert mentors, willing publicizers and other [...]
Here are three things that will motivate you to be an entrepreneur at any age.
Yesterday’s Willamette Angel Conference (WAC) 2013 event invested more than $465,000 in four Oregon startups, highlighted by more than $250,000 in Portland-based Sonivate, which has developed a fingertip-mounted ultrasound probe that enables imaging while leaving both hands free to do work with simultaneous tactile feedback. Three other startups got WAC investment at the event: Amorphyx, [...]
Don’t get so wrapped up in work that you forget to stay up with the current events of the business world! Amid all of the chaos, grab a cup of Joe and take a short reading break.
Startups at all stages benefit from the wisdom of advisors. These people typically complement the management team in some meaningful way. They are not on the board, so their advice is merely guidance. Still, if a founder picks the right advisors, she will receive a wealth of benefits. Advisors can serve as: A sounding board [...]