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Startups, Entrepreneurs, be better informed before you 'Pitch it'!
Curated by Marc Kneepkens
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5 Essentials for Maximizing Results From Seed Capital

5 Essentials for Maximizing Results From Seed Capital | Pitch it! | Scoop.it
The founder's primary job is stretching those first funds to afford a team, a prototype and a marketing plan.

One of my favorite consulting services is advising founders on how to build their startups.

I work with a founder who knows what problem he wants his startup to solve and asked for advice on how to work with potential investors to raise capital.

He has persuaded some investors to write checks and as the money rolls into his bank account, he is turning his attention to using that capital most effectively.

Based on the hundreds of entrepreneurs I have interviewed and the seven in whom I've invested, I know that there are plenty of traps to avoid at this stage. Among the most dangerous is a founder's desire to build what he believes to be the perfect product. But what if he spends every waking moment coding, only to realize that all his seed capital is gone and his startup has no paying customers?

 Here are five steps that founders should take to make sure they turn their seed capital into a paying customer. Read more: click image or title.
 

 

 Find or list funding opportunities:

www.Business-Funding-Insider.com

Marc Kneepkens's insight:

How to attract #seedfunding? What is expected?

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A VC: Maximizing Runway Can Minimize Success

A VC: Maximizing Runway Can Minimize Success | Pitch it! | Scoop.it

Less Money for Lean Startups is the Way to Success, according to Fred Wilson.

Runway is the amount of time you have until you run out of cash. Or until you raise another round. Or until you can get the business self sustaining/profitable. Runway is survival. And so everyone in the startup world is...


To read the full article, click on the title...


Get your Free Business Plan Template here:


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Marc Kneepkens's curator insight, September 20, 2013 1:25 PM

I must agree with that. Once you can prove that managing less money and better results is what you do, you will have a better chance at success. The avalanche of money that some startups get from some VC's is ridiculous. Less for more.


Take a look at the DEAL FLOW page on my site. List yours for free, no gimmicks. http://www.business-funding-insider.com/deal-flow-listing.html

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10 Myths about Startups

10 Myths about Startups | Pitch it! | Scoop.it
There are some prevalent myths and preconceived notions about startups that are simply not true. Here's 10 of them.
Marc Kneepkens's insight:

Great article, every startup should read this, it will at least make you think.


Hint: need a little help getting your thoughts and ideas organized? Get a free business plan template. It'll get you going: http://www.business-funding-insider.com/free-sample-business-plan.html

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Former SBA Chief on 3 Keys to a Better U.S. Entrepreneur Economy

Former SBA Chief on 3 Keys to a Better U.S. Entrepreneur Economy | Pitch it! | Scoop.it

The case for expanding investment in entrepreneurs and small businesses is clear: small businesses create two out of every three new private sector jobs and half the people who work in America own or work for a small business. Entrepreneurs are at the heart of America’s identity and the key to our economic strength. They have been instrumental in building the greatest economy in the world as well as the world’s strongest middle class. Coming up with a new, innovative idea and turning it into a business is the American way.

To read the full article, click on the title or image.



Get your Free Business Plan Template here: http://bit.ly/1aKy7km

Marc Kneepkens's insight:

The SBA is trying hard to get money to you for your startup. Interesting article. Consider getting funded by the SBA. If you need help with the paperwork, let me know.

Use the contact form on www.Business-Funding-Insider.com

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12 of the Hardest Questions Venture Capitalists Will Ask You - AlleyWatch

12 of the Hardest Questions Venture Capitalists Will Ask You - AlleyWatch | Pitch it! | Scoop.it

Fundraising?  Make sure you know how to answer some of the toughest questions VCs will throw at you..
 




Marc Kneepkens's insight:

Pick up your 'Free Businesss Plan Template' here:

 https://growthink.infusionsoft.com/go/freebptemplate/gt4045/

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