Search this blog
- My dad said: “Never take on a business partner.”
- Should you include your sweat equity in a business plan?
- What is your biggest error in company planning?
- What’s the most important thing in a young business?
- So, do you have that entrepreneurial DNA?
- Entrepreneurs do not easily retire.
- Shareholders and founders: The muted thrill of the deal closing.
- What use is an investment banker?
Category Archives: Ignition! Starting up
Well, the numbers don’t lie, even if there are several sources of these statistics. Starting a company is HARD – in so many ways. And risky too. I read several years ago, that the average startup restaurant lasts only about … Continue reading
As an early stage investor, the first test for me is whether “my” entrepreneur is flexible in both the plan and execution of his or her vision (since from experience almost everything about a business plan changes over time), and … Continue reading
Well, it had to happen. Originally created in the mid 1990’s to help with the imprecise problem of how to value early stage companies, especially those in technology, I developed what soon became known as “The Berkus Method” when published … Continue reading
Let me tell you a few short hair-raising stories of entrepreneurs who have raised money and regretted it later. Here are some rules that entrepreneurs almost always ignore to their future peril. Don’t take money from relatives who can’t afford … Continue reading
I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up premoney valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable … Continue reading
It is rare when one person starts a company, supplies all the funding, and shares no management tasks or equity with others, and still grows the company to any significant size, worthy of a multi-million dollar opportunity to cash out … Continue reading
Dave’s note: Popular Bill Payne returns this week with a thoughtful take on valuations. By Bill Payne One entrepreneur has a company which appears to be scalable to a $30 million exit value in five to eight years, and a … Continue reading
By JJ Richa J.J. Richa is a successful entrepreneur and technologist giving back to the entrepreneurial community in many ways, including his weekly Internet TV program on entrepreneurism, and participation in several mentoring programs. Business planning is a crucial part … Continue reading
Most innovations come from responding to a customer’s needs, or finding a niche where products need improvement or extension. It is rare to innovate using a blank sheet of paper in a room with bare walls and no other contributors. … Continue reading