Archive for the ‘Fund raising for startups’ Category
Watch this neat video from the Kaufmann Foundation and you’ll see that the vast majority of new startup businesses don’t need business angels or VCs or banks.
Startup businesses recognise that neither a good nor an exceptional product or new idea alone is enough to succeed.
So, then, what are the two factors that every successful startup needs? And does your startup have them? Find out…
Here is a puzzle – how do you pay a startup team before you have any money?
We have found that 3 key dimensions need to be resolved to enable to you develop a strong and motivated startup team.
The IMF has provided entrepreneurs with a wonderful example of how to get it wrong.
But what can we – the successful entrepreneurs – learn from the IMFs failures?
Giving up equity to partners is dangerous. It will cause you major problems in the future – if your busines is successful – if you don’t get the splits right from the outset.
Find out how I split the equity on my first business – and why it became a problem.
Then, don’t do as I did!
On the face of it, the UK Chancellor’s budget speech on Wednesday offered a reasonable boost to small businesses and entrepreneurs.
The budget, the last before the general election, has therefore been largely welcomed by the business community although some claim it still does not go far enough in its support for entrepreneurial and fast-growing businesses.
I’ve been asked to advise Liverpool John Moores University entrepreneur students on getting finance for their new businesses. Controversially, my view on finance for young entrepreneurs would be, don’t. Here’s what I would recommend: a) avoid finance if at all possible and always for as long as possible – learn to beg, borrow and barter b) focus [...]