How to Become a Successful Entrepreneur: Three Important Factors

Being successful as an entrepreneur takes a lot of luck and hard work. It doesn't matter if you invest $200 or $2 million, most wannabe entrepreneurs end up losing their money. It doesn't matter how determined they are, the vast majority fail. In fact, only 1% of those who start an online business of any kind actually make any money from it – so i...

Multiple Startup Investors or Single Investors: Pros and Cons of Each

Should you aim for multiple startup investors or single investors when you are seeking angel or venture capital investment for your new business? Is raising all your money from one or two investors better for you than raising small amounts from a whole army of investors? There are differences of opinion on this, so let's examine these options caref...

Will My Business Idea Work: Venture Capital Funding Might Help

Will your business idea work? Venture capital funding might help you make it work, but only with certain provisos. These are designed to protect the VC firm from bad decisions, and investing in companies that lack the desire or knowledge to succeed. You will not get investment just by having an idea. You might have this great idea for a new busine...

Due Diligence Made Easy

It is important for companies to follow due diligence while explaining investors what the business is about. Investors should be given a clear view and understanding of various company processes and operations before officiating capital. While some investors choose to make small investments to learn the mechanics of the entrepreneur better, vettin...

Alternatives to Venture Capital for Business Startup Funding

There are many alternatives to venture capital and angel investors for those that are seeking finance to get their business started up. Venture capital funding is not always the best way to get startup cash. If you pitch your company too early, it might cost you too big a slice of your business. The earlier in its life, the more risk there is in i...

Splitting a Company Between Co-founders: How to do it the Right way

It is very rare to find startups with only one founder. Most have two or three and some have even more. There is a simple reason why you may need co-founders. You may specialize in technology, but you also need business skills to succeed. Money is another factor. A co-founder can bring these skills in. The most common question here is how do you s...

Silicon Valley or Silicon Alley: San Francisco or NYC for Startups?

Is it Silicon Valley or Silicon Alley for startups? Should you look to San Francisco or NYC for startup finance? The most famous area for startups is indisputably Silicon Valley – and San Francisco is the biggest city in the area. They no longer come with flowers in their hair - it's now the latest chips and other 'next great things.' It's no coin...

Defending Silicon Valley: Separating the Good Apples from the Bad

Sam Altman is a partner at Y Combinator. He also previously founded Loopt - a geosocial networking app, which allows people to share their location with their friends. He sold the company for $43.4 million. Sometimes you will catch him wearing a T-shirt that says, 'make things that people want'. If you ask him why outsiders have such a bad impressi...

Want to Join a Startup: Tips on Finding a Successful Startup Firm

If you really want to join a startup then there are things you can do to maximize your time with the company. Remember that startups do not have a high survival rate, and your job might last just a few months – if not just a few weeks. Here are some tips on finding a successful startup firm. Investors divide their money between about 10-20 startup...

Startups by People Over 50: Why Should you Watch Out for Them

Think startups and what comes to mind is twenty somethings in loafers, hoodies and headphones, reclining in their chairs and entering codes into their smart laptops. Another stereotype of startup founders is as recent grads or college graduates who hold meetings in coffee shops. Almost no one would suspect that a person in his/her 50s could also be...