I often get asked about the venture financing process by entrepreneurs who are seeking venture funding for their companies. And the thing that I always emphasize is that venture financing IS NOT for everyone. Depending on the entrepreneur and the stage of the business, sources of financing can include family, friends, banks, angel investors, vendors, customers, strategic partners, venture debt […]
Post Tagged with: "Startups"
On many occasions, I’ve been approached by friends, associates, acquaintances, who want to know what the “secret sauce” is for building a great business. Most of the time, the questions center around “how do I come up with the one, big idea?”. I’ve come to the conclusion that most people who think that they would like to become entrepreneurs, don’t end up doing so because they waste so much
Entrepreneurs are different–people who see possibilities where others see limitations. But best ideas seldom win, and paraphrasing my friend Daniel Lanois in his film “Here is What is”, people would be surprised how much Creativity comes from Shit. Put into the context of how startups evolve into successful companies, it has become clear to me that the key to later […]
Most entrepreneurs that I have met have the innate gift of being able to “Hope for the best”, to suspend disbelief and to trust in their personal ability to build successes out of their ideas. Their belief in their ability to turn “perceived limitations” into “enabled possibilities” is a key trait that fuels entrepreneurs to travel where others fear to […]