The mother of all inventions is not first time ideas, part of it is also reinvention.
Do you think the iPod was invented, wrong – mp3 players existed. Apple took the idea created something everyone fell in love with. Do you think touch screen phones did not exist, wrong – the first touchscreens were PocketPC by Microsoft and the Palm Treo. So here we go, these were ideas which existed and then got redone and repackaged.
So for all those who are thinking of an idea, then figure out it already exists – don’t lose hope, improve upon the existing product/service and your idea would be the next goto thing.
The big banks have gone bust. They borrow money from the FEDS(our money) and are running their business.
Situation arrives we need money, we go to the bank for a loan, bank denies loan? Hello our money and you have the #@*$ to dictate.
This sounds weird, but after getting so much bail out money to help people like us, the banks have made getting loans tougher. The minimum criteria for loans are outrageous. So how is this stimulus and all others going to help us? I am looking for the answer, so are millions of other people like us.
Wait and watch. The shocker to me today is Sears closing down stores!!!! What is going on?
A wall street journal article today, “money managers lived large on fraud”, is this news, the world knows who is to be blamed, wake up…
For all those futureman’s – great job guys, we will always have the nuts in the mix. I do not know who to give credit for this picture, was pulled from a tinypic url.
Always start with one investor, make an impression. Try out all that you have up your sleeve in your pitch. Any defects you have on this pitch will immediately be seen and reflected by the investor. From here on, improve your pitch defects and start your presentations to other investors.
Going a startup all alone, get ready for an uphill task. Investors stay away from one man team shows. So a good team wins, that’s what it is
You invest all your hard earned savings money, all you home’s equity and you put it into your startup. Sounds perfectly sane, well risky too, but why not…. Are you not trying to do what you want to do.
Here’s another sign, you like to multiply rather than add. More to come
Tags: Entrepreneur, ideas, investment, pitch
This is pure survival, if you have a Plan B on the same scope you are good. You always need to think about survival. How can you stay or sustain for one more day/week/month/year and so on. As being in the field and having the taste of this startup blood, we know there is always the case “NOT ENOUGH MONEY”. This is a fact and that’s never going to change. So here we have to keep the cash flow going.Technorati Tags: cash, survival, money, plan b
Just as a baseball pitch delivers the right game, a Product pitch to the Investor delivers the right investment. There are no highways or roadways built to achieve the right pitch.
The one thing I have learned over time is the business idea should fit with the other investments the Investor has made, this helps them utilize all the resources they currently have to evaluate your pitch.
First 5 minutes is your peak pitch, you have to get their attention here, if successful you will have a smooth ride during the rest of the presentation.
Tags: Entrepreneur, ideas, investment, pitch
