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8 Keys To That First Investment From People You Know

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

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Raising Money Using Customer Development

Steve Blank

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions.

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8 Key Actions for Entrepreneurs Needing Early Money

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

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8 Guidelines For Friends And Family Startup Funding

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

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Early-Stage Startups Need Friends, Family, and Fools

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

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10 Preparation Steps to Win an Angel Investment

Startup Professionals Musings

are eliminated during due diligence. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Prepare an investment-grade business plan. This is called “validating the business model.”

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How to Get Funding From Friends, Family, and Fools

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?