The world of small business is constantly evolving, with new trends emerging on a regular basis. This year, with the growth of the alternative lending market, more and more entrepreneurs are looking at new ways to get investors. That means your business absolutely needs an investor business plan to attract the right people. There’s one problem in particular […]
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The Myth About Having a Business Plan Mission Statement
Just about every company around has a mission statement that reflects the goals of the business. Knowing this, it brings up an interesting question. If you’re still in the early stages of starting up your business, do you need a business plan mission statement? Short answer: No, you don’t. The idea that you need one is actually […]
How to Find Investors and Pitch Events
How to Find Investors and Pitch Events A huge unknown for many new inventors and entrepreneurs is figuring out how to find investors. Fortunately, there are a ton of online places where investors are hiding — including investor matchmaking sites like Angel Investment Network. However, you may be looking for a more personal, face-to-face opportunity. This […]
The #1 Problem with Your Investor Pitch
The #1 Problem with Your Investor Pitch I’ve had the honor of supporting hundreds of investor pitches. From those experiences, I’ve seen that some entrepreneurs have the gift of being really great salespeople. They can pitch a great idea — or a horrible idea — and people get excited either way. However, these people are […]
How To Get Rejected Like A Winner
Getting rejected sucks. It doesn’t matter if it’s investor rejection, SBA loan rejection, or just sharing your idea with friends and family and getting negative feedback. Being turned down is difficult for everyone. When you have a business idea, you will likely encounter rejection about the idea, or about the money needed to get started. However, […]
When to Quit Your Day Job
When to Quit Your Day Job If you have started a business, still have a full-time job, and have an investor involved in your business (or hope to have one soon), then you have a lot going on. And because you’re so busy, you might be wondering if it’s time to quit your day job. […]
How to Reject an Investment Offer
Reject an investment offer?? Why would anyone want to do that???? Believe it or not, there’s a lot of reasons to walk away from an investor’s money. https://vimeo.com/265415029 Here are Some Points to Consider When Deciding if You Will Reject an Offer from an Investor It’s All About Boundaries and a Win-Win How to Reject […]
How to Ignore Non-Constructive Business Feedback
No one likes a party pooper. Sometimes, people go out of their way to rain on your parade and talk down about your business. Not all business feedback is created equal. When someone gives you highly critical feedback, saying your idea is terrible or that it won’t work, these people don’t add value. Ignore them. […]
The One Overlooked Trait That All Successful Entrepreneurs Have
Over the years I’ve met a lot of successful entrepreneurs and business owners, and they all have one key characteristic in common. It has nothing to do with age or gender or title or how much money your parents had growing up. I’m talking about CONFIDENCE. Sound like a no-brainer? Don’t write it off just […]
How to Design A Business Plan for Investors
So you’ve presented your idea and business plan for investors a handful of times, and you’re prepping for the next pitch. You’ve done your research, and you know quite a bit about the investors you’ll be pitching to and feel a few tweaks would help you cater your pitch to your next investor. The natural tendency is […]
