In a previous post, we talked about the startup trinity and how everything needs to be perfect in order to raise money. The vehicle to bring those three components to life is what your pitch and executive summary are all about. This post will focus on the pitch (see [Executive … [Read more...]
Business Structures
A frequent question among my SCORE clients is: What type of business structure should I setup? There are several different types of business structures to consider. All have there advantages and disadvantages. The first thing to think about when considering a structure is the … [Read more...]
Startup vs Corporate
The cultures of a start-up and a big corporation clash like natural gas to a flame. They are incompatible because of each ones goals are vastly different. A start-up has the sole purpose of doing one and only one thing. The focus is so laser focus that any bureaucracy gets … [Read more...]
Focus On The Product
A lot of people I counsel at SCORE lack focus. For some reason, they tend to make whatever they want to do, more complicated than it needs to be. Focusing on your core product or service is far better than the shot gun approach of doing everything. Focus is an important aspect of … [Read more...]
Failure is always an option
Failure is strange. How do you know if you have really failed? Is it because you failed to complete something on a predefined deadline. Or maybe whatever you built just does not work. Failure seems subjective in a way. Sure, not raising money for a project, not getting the sale … [Read more...]