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Category Archives: Venture Capital
Web Selling & Social Media Marketing Are Here to Stay: Your Virtual Success
Over the last seven years I’ve seen many millions of dollars exchange hands, rarely shaking someone’s hand in person. All prospecting, qualifying, presentation and closing has been done virtually with progressively more functional and extremely cost effective cloud computing tools. New innovations have been fast and furious, with social networking and social media marketing one of the most important, recent innovations. Continue reading
Best Buy versus Amazon – and the Winner Is?
It all started in a seemingly unrelated manner; we needed to refinish our 23 year old living room floor. Time, children, parties, and our West Highland white terrier had taken their toll on the poor old floor; it was worn and tired, ready for rejuvenation. As with any project like this, there always seems to be unexpected collateral damage, though in this case, it was a surprising issue, revolving around a six year old Denon receiver that did not support the new HDI video connection necessary for Blu-ray DVD player, a recent birthday gift from my family. Continue reading
The Art of the Start, The Time-Tested, Battle-Hardened Guide for Anyone Starting Anything – Book Review
If your entrepreneurial idea absolutely requires the significant capitalization that venture capitalists offer, The Art of the Start should definitely be at the top of your list. There is an excellent section on pitching to venture capitalists complete with the questions which are likely to be asked and suggestions on the best answers to offer would be venture investors. Continue reading
The Golden Rules of Virtual Business
There are four Golden Rules to follow when creating a virtual business:
1. A short path to the money (limited ramp-up or development time)
2. No upfront capital
3. Customer deposits in advance of delivery
4. Contractor based assistance for delivery Continue reading
The Venture Capital Trap
Which is more likely to happen? You come up with a great business concept, secure Venture Capital funding and your startup goes IPO, making you millions – or you get struck by lightning? Unfortunately the answer is that you’re more likely to get struck by lightning which, according to the National Weather Service has odds of 5,000 to 1 Continue reading
