Posts Tagged ‘ Financial services ’

Apr 02
Thursday

Risk Management: A Startup Must

Filed under Tips/Advice

jmo1877lYou need to be ready for when things go wrong, especially nowadays that things aren’t going so good. Startups are hard businesses to keep afloat, and if you don’t think about the things that can go wrong, then you’re going to be set for a couple of surprises.

Here is a great way to organize potential risks, which will allow you to see them coming before they materialize on your startup’s door:

1.    Risk Factor: Think of anything that could cause harm to your startup.
2.    Type: To each risk factor, assign a type, something to set it apart from other risks that threaten your startup’s life.
3.    Likelihood: How likely are these risks to materialize? Is it something imminent or is it something that could happen in the long run? Maybe it isn’t even likely to happen, but keep everything in mind.
4.    Consequences: What would happen if those risks turn into something big? You need to know what would happen, in order to fight it.

Continue…

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Seth Godin’s Advice on Equity
Comments - Posted 03.20.09
[caption id="attachment_2930" align="alignright" width="235" caption="Equity is important, don't hog up the whole cake"][/caption] So you just started up, and you don’t know how much of the company is yours. Ok, your partner put up the hardware, and you’re putting together the know-how. I bet you figure that it’s easy, 50-50 each. Well, ...continue
Unconventional Ways to Fund Your Startup
Comments - Posted 03.16.09
[caption id="attachment_2884" align="alignright" width="300" caption="Need some? There are many ways to get it"][/caption] As more and more VCs bail out of funding early stage startups and focus on more secure deals, what are you to do? What if your startup just launched, and you need some money to get it off ...continue
Startup Procrastination
Comments - Posted 03.16.09
[caption id="attachment_2879" align="alignright" width="262" caption="You don't need all of those things, just get out there and do it"][/caption] Here are more things that are keeping your from starting up. These are all in your head, they’re mental blocks you set up in order to procrastinate the launch of your own venture. -   ...continue
VC Money And Your Venture
Comments - Posted 02.20.09
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Elon Boms Talks Venture Capital
Comments - Posted 02.16.09
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The Lies of Venture Capitalists
Comments - Posted 02.10.09
[caption id="attachment_2554" align="alignright" width="196" caption="Is this a book about Venture Capitalists?"][/caption] Venture Capitlasits, just like most people that deal with money on a big scale, know how to lie. They do it all the time. It’s not because they’re bad people, it’s that when it comes to money and funding people’s ...continue
10 Mistakes Made by the Self-Employed
Comments - Posted 02.05.09
Most startup founders are, in one way or another, self-employed. Here are some of the most common mistakes that self-employed people make, which could trump your startup’s shine: •    Selling to the wrong people •    Spending too much money •    Spending too little money •    Putting on a fake front •    Assuming a signed contract ...continue
Investments Drop, Green Startups Flourish
Comments - Posted 01.26.09
In case you thought that the VC scare was all in the media, here’s some hard facts for you. 2008 was the first time in five years that Venture Capital investments shrank. They went from $30.8 billion in 2007 to $28.3 billion in 2008. What does this mean for the little ...continue
Some Motivation for Innovators
Comments - Posted 01.22.09
[caption id="attachment_2296" align="alignright" width="186" caption="The entrepreneurial spirit is never stopped, not even by a Recession"][/caption] David Hornik, from VentureBlog.com, just wrote a very interesting article that deals with entrepreneurship in 2009: “…why am I optimistic about investing in 2009? Because entrepreneurship is an addiction, it isn't a choice. Great entrepreneurs aren't driven ...continue