Remove advice Remove mentorship Remove ventures
article thumbnail

Should every startup get funded?

This is going to be BIG.

That’s the thing—startups in the initial stages need advice, feedback, and guidence a lot more than they need money upfront. If you can’t back it up with guidance and mentorship, we’re burning up a lot of cash, 500k at a time. That’s what makes venture capital such a risky investment.

startup 253
article thumbnail

Understanding the Power of Your Human Networks

Both Sides of the Table

I reviewed an email from Kara Nortman, the CEO of Moonfrye who is working on putting together venture debt. The following post is advice I gave to my good friend Sam Teller when he was just a junior baller, “ Never Ask a Busy Person to Lunch.” I’ve done that 20 times so I gave her my quick feedback on terms.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lessons from the Trenches: One Founder’s Candid Look at Bootstrapping

Entrepreneurs' Organization

Weren’t entrepreneurs tired of the golden handcuffs of venture capitalists and bankers? While I eventually found success through perseverance, strategic partnerships, and the unwavering support of my wife and team, I often wonder if the journey could have been less daunting with the right mentorship.

financing 255
article thumbnail

Why Female Founder Office Hours is So Important

Both Sides of the Table

The idea is simple enough: several female VC partners at top funds will hold 1-hour meetings with 40 promising female entrepreneurs looking to get advice on their business and pitch in a friendly, non-judgmental, safe environment. So why is this initiative so important for men, women and other gender identities?

founder 256
article thumbnail

Free Money for Student Tech Founders

David Teten VC

The Baylor New Venture Competition is a business plan and elevator pitch competition for college students from around the globe. Participants from all over the world are eligible to compete for more than $100,000 in prize money and also receive mentorship and other resources. The competition has $50,000 in cash prizes.

founder 144
article thumbnail

What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. Most of what I think about startup communities came from mentorship by Brad Feld through hours of private discussion and debate.

article thumbnail

EO Accelerator Graduates Share Successful Growth Tactics and Why They Joined EO

Entrepreneurs' Organization

His guidance empowered many of our group members to grow like crazy.” – Zak Nordyke, EO Cincinnati, founder, Evergreen Mentorship “Accountability is a huge motivator: In one accountability group meeting, I said I would implement an employee profit sharing and a long-term incentive plan for my leadership team.