Lost Job Start Business

Business Angels have changed the way the invest in early stage companies. Entrepreneurs must also adapt to the current economic climate.

With the success of Y-Combinator many Business Angels and Venture Capitalists are changing the way they invest in start-up companies.

You must be ultra prepared when you are pitching to investors. However, being prepared means more than just being prepared for the meeting. You must prepare your business to a level that gives investors confidence in you and your team, shows a market for your product, and indicates that your business can scale to a level that will give an appropriate return for investors.

If you had the option of placing a bet either before the race starts or half way through it, what would you choose? Obviously, you would choose to place the bet half way through.

You should avoid a 45 minute bullet pointed snore-fest at all costs. Keep it simple. Use plenty of pictures and graphs.

The US VC industry has been the global shining light for start-up investment. Now times look at lot bleaker. The smallest number of funds have been raised in 15 years.

Great news! I was pleasantly surprised to find that “The Truth Behind Business Plans” has been featured on slideshare this morning.

Here is a slideshow that shows the truth behind business plans. I hope you enjoy. The Truth Behind Business Plans Slideshow

Wow, it always amazes me when I hear a fellow entrepreneur say “I can’t do my financial projections”. Financial projections are an important part of the planning process. The hard part is getting the assumptions fairly accurate and not the spreadsheet work. In reality all you need to know to be able to compile your financial projections is how to add, subtract, multiply and divide.

When pitching investors all is not as it initially seems. Top level investors will engage you on many levels. They will ask you awkward questions in order to observe your response. It’s up to you to exude confidence and be able to handle anything that they throw at you. Your body language to your tone [...]