Lost Job Start Business

Slidecast with audio that shows how entrepreneurs can build their own financial projections for their business plan.

Why you should build your business around Warren Buffett’s criteria of a good investment.

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?

Ok, many entrepreneurs get this very wrong. Some do not apply any methodology to obtaining their sales figures. In the vast majority of business plans, the sales assumptions are simply plucked out of thin air.

Lets face it, 2009 was a bad year for start-ups. This has been reflected in the capitulation of the number of IPOs in 2009. When exits are down it makes it harder for new businesses to attract VC investment. Look, when it comes to Venture Capital and Business Angel investment it’s all about the exit. That’s life, so entrepreneurs like us must deal with 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!!!”

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.