Posts filed under 'general'
The pros and cons of sharing equity with investors
A PDF-guide for all entrepreneurs who plan to grow their business. It show both the pros and cons of sharing the equity with investors.
Written by some smart guys who did their homework. Contains lots of helpful infographics as well.
Equity Fingerprint is the ultimate business plan resource to learn about a key part of business planning. If you don’t know your venture capital from your bank loans or your dilution from your spending then this business plan resource is the one for you.
Plan first, then pitch? Or pitch first, then plan?
What comes first? The pitch or the plan?
Most starting entrepreneurs in need of investment write a business plan first. Because that’s what they feel most comfortable with. Working out their idea in a detailed and thick business plan. After that, they distill a powerpoint presentation from their plan.
As it turns out that’s the wrong order!
Well, if you have to believe the pitchthenplan method.
I do. It makes a lot of sense.
Take a look at the instruction video. It makes you a better starting entrepreneur, I promise!
The proper process
1. Throw together a pitch that contains ten slides
2. Try it out on some mentors, colleagues, relatives, angels and investors. Do this about ten times.
3. get the team together in a room and discuss what you have learned.
4. Fix the pitch.
5. Start creating the plan.
Have fun pitching!