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April 2020

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My Motto..

  • "If you tell the truth, you don't have to remember anything." Mark Twain (1835-1910)

My Investing Process

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Comments

Joshua Dorkin @ BiggerPockets

As a startup CEO, I'm finding that most angels and VCs I talk with concur with the results of this study. That said, if you don't know the info that would otherwise be contained within your business plan, cold, you probably will want to go through the exercise of writing one, even if you do have the connections. Thanks for sharing!

Dave

Cool business plans are a necessary but not sufficient condition for raising money. You really have to seriously network with potential funders to raise cash. I find many potential entrepreneurs are clueless on the need to network.

Becky

A better way of raising money is to look through and see how others have done it. For example, I have used Kenneth H. Marks tips to grow my business- outlined in his latest book,"The Handbook of Financing Growth."
Start to finish approach… it is intended to enable the reader to read about the process, make an informed decision about what capital structure and funding approach is right for them, and then find viable sources in the directory (in the book and online). Here is a link to anyone interested...

http://www.handbookoffinancinggrowth.com/about-the-book.php

Dave

Thanks, Becky. Entrepreneurs need all the advice they can get in this tough fund raising environment.

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