While there are commonalities among their criteria, startup investors don’t take a cookie cutter approach. The key to unlocking investment is understanding the stage of your startup. “In the race of life, always back self-interest; at least you know it’s trying,” the late former premier of NSW, Jack Lang, once said. Self-interest is defined as… Read more »
Few startups have the luxury of big budgets in their early days. This five-step plan will help take that shoestring budget the extra mile. “A big business starts small,” as Richard Branson once said. If you have a great idea and no money, you are walking a well-worn path. Sadly, many fail – not through… Read more »
Despite statistics screaming high failure rates, every founder believes their startup will be among the minority to survive the first year. And it’s more than blind luck that makes the successful ones survive. Surviving the first year is a nightmare for all startups. It’s a cut-throat killing field. As the year progresses and the… Read more »
One of the good things about being in business is that no one expects you to say sorry. The default mantra when delivering disappointing news is practised recital of that catch all phrase, business is business. This mantra is a window into other characteristics of successful people. Below are 8 traits, whilst needed to succeed… Read more »
Mention launching a business, and some might suggest your ideas belong in the pages of said fairy tale – not in the real world.
If your pitch isn’t, well, pitch perfect, you run the risk of spooking potential investors and having to start again. You are asking someone to take a giant leap of faith and handover their cash to a perfect stranger with no guarantee of return.
When things start to go wrong in a startup it’s natural for the entrepreneur to wish the issues away by actively denying them.
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