Entrepreneurial Coaching
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Rescooped by Alain Theriault MBA from Pitch it!
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The personal costs of raising money | VentureBeat | Entrepreneur | by Francisco Dao, 50Kings

The personal costs of raising money | VentureBeat | Entrepreneur | by Francisco Dao, 50Kings | Entrepreneurial Coaching | Scoop.it

http://snip.ly/7bMn

In the tech industry, we celebrate raising money as a victory second only to that of a successful exit. But there's a huge downside to raising money that isn't often discussed.

And while I recognize that venture capital is often an unavoidable requirement for growing a business, most entrepreneurs, and the tech community at large — who often seem to push people into raising VC — would be better served viewing it as a necessary evil as opposed to an absolute win.

I’m sure you’ve heard the horror stories of entrepreneurs getting fired from their companies by their VCs, but most of those stories only tell the tale of the final straw. Have you ever thought about all the intermediate steps and indignities that came before the firing? Before those entrepreneurs signed the first term sheet, whatever they were working on was theirs and theirs alone. If you think about it, it’s a long journey from owning it all to getting fired from your dream. That’s a journey that is rarely discussed and not well understood.


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Via Marc Kneepkens
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Marc Kneepkens's curator insight, December 22, 2014 11:54 AM

Keep your independence or work for the VC's? Big question.

Rescooped by Alain Theriault MBA from Online Business Models
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Why Bootstrapping Is a Better Choice for Value-Driven Startups

Why Bootstrapping Is a Better Choice for Value-Driven Startups | Entrepreneurial Coaching | Scoop.it

"In the age of startups and micro-enterprises, the first thing you hear about, when it comes to creating a new company, service or digital product is a whole new glossary of words starting ranging from venture capital to angel investors."


Via Robin Good
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Martin (Marty) Smith's curator insight, April 20, 2014 8:54 PM

I changed the title here because the longer you can bootstrap your startup the less you give up and the more you get for your hard work.

Brenda Collins's curator insight, May 8, 2014 3:37 PM

If you can boot strap your venture then do so before talking to investors. Gather around you people who have no vested interest in your company except your success and will speak honestly to you. 

OneView Tunis's curator insight, June 15, 2014 4:12 AM

Profitabilité vs. service rendu. Tout se décide dès le début