IT:BD:Advice
WIN
* Does it make you WIN? (is it a MULTIPLIER)
* You need a market, not an idea:
1. Don't call it burn rate
2
. Get professionals (attorney) (pass the bozo filter) 3. Good idea v. Good business idea (Clients, Markets, Demand, Scaling, Products, Revenue, Competitors, Profits) 4. Be honest with yourself, and your investors Visionary/ Manager Techie Biz/Sales Manager More people = more chance of success (6 degrees of knowledge). More people have a stake in making it work. Reach Decisions in a clear manner. Mingle, party, network! Vitamin C = connections
Resources
http://www.entrepreneur.com/money/financing/startupfinancingcolumnistasheeshadvani/article72384.html http://blogshares.com/industries.php?id=206 http://www.investopedia.com/terms/e/eps.asp http://investopedia.com/university/peratio/ http://www.financegates.com/DictionariesEarnings-P.html http://www.investopedia.com/terms/p/price-earningsratio.asp
http://www.entrepreneur.com/money/financing/startupfinancingcolumnistasheeshadvani/article75924.html http://www.3i.com/media/pu.html
http://www.valleywag.com/commenter/5276
http://www.caycon.com/valuation.php#bottom
Stock Options for employees: http://www.cio.com/archive/040100_wheel.html?printversion=yes
http://www.financegates.com/DictionariesEarnings-P.html
http://www.precision-info.com/onlinetutorial/tut224551865-1.html
http://beginnersinvest.about.com/cs/investinglessons/a/aaless1intro_4.htm
http://www.jot.com/wiki/wiki-pricing.php
http://www.findarticles.com/p/articles/mi_m1264/is_3_31/ai_63165469