How to Construct Financial Projections for Entrepreneurs
Slidecast with audio that shows how entrepreneurs can build their own financial projections for their business plan.
Slidecast with audio that shows how entrepreneurs can build their own financial projections for their business plan.
The Entrepreneur has just finished their presentation. They are feeling good. It came off without a flaw. They think the hard part is over – or is it?
Too many entrepreneurs ignore common sense and abandon their reason when they are chasing angel investment.
have just published a new ebook that focuses on the first round of funding for start-ups. It’s called “Target Series A: From Idea To Investment”.
Ok, I know what you are telling yourself. “This guy has sold out.” “He’s turned to the dark side.” “The VCs have secretly taken over the blog!!!”
Business Angels have changed the way the invest in early stage companies. Entrepreneurs must also adapt to the current economic climate.
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.
This certainly applies to VCs. If you contact them directly or send in a business plan you are wasting your time. They rely on recommendations from attorneys, CPAs and trusted advisers. You have to go through these to get to the VC.