VC’s stick to investments limited to the markets they understand. At the same time, they exist to venture the risk of new markets. They will do their homework, so you better do yours and present them with a real opportunity. [...]
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A venture capitalist’s main problem is that they have few methods to understand the future performance of an investment. Therefore they rely exclusively on the resumes of the management. It’s not realistic think you can join this same club; and more important to understand you won’t get a good deal as an outsider — so go find an insider [...] Not only is VC not for everyone, the odds are there are much better ways to get your business funded and profitable. [...] You will FIRST need to consider a domain name for your business before you pick a name. You need to buy domains names and try to secure as many domains as it requires to promote and protect your business. [...] Take a random survey of major brands you know and see how few of them actually use symbolic representation, but they all use typography and color. [...] Your identity is important. Three key ingredients are Your name Serviceable, adequate names are not that hard to come by. The distraction of trying to be too creative a can be a problem, simply avoid that and keep it simple . Great marketing creates great names. The world is full [...] If you are serious about your business, you should be ready willing and able to step up to taking on debt. Credit is an important thing to build and managing your debt is important [...] The answer to the burning question to startup or not to startup is same every time: do not try to start a business without knowing where there are paying customers.I’ve always been a fan of the “just make it” mentality, where there’s no hidden agendas and few moving parts. In recent years the Internet boom has supplanted the reality of starting a business with strange notions about raising capital for just really good ideas. [...] “I’m not blogging it and I should be.” So … HELLO WORLD! [...] |
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Copyright © 2012 Matt Merriam - All Rights Reserved |
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