Startups, entrepreneurs, innovation, technology, and economic development.
Startups are constantly looking for funding to support their growth. Here is a brief explanation of the different types of investors that typically support entrepreneurs in their journeys. Friends and Family These are people you (obviously) know personally and who decide to help you in your endeavor. Think “rich uncle”. These investors usually have little... Continue Reading →
On Angel Investors As entrepreneurs, in the initial stages of the startup, we often think that the answers to our problems will come in the form of an angel investor. By definition, angels are high-net-worth individuals who get involved early in the company’s life, bringing capital, sector knowledge and network, and relevant expertise. Angel investors usually... Continue Reading →
Disruptive innovations and customer feedback A recent study by ChubbyBrain.com listed the top 20 reasons why startups fail. The #1 reason, ahead of funding, product quality, pricing and other popular ones, was "ignoring or not seeking customer feedback". However, there are two sides to this. If your company is launching a disruptive technology, or a... Continue Reading →
What to ask yourself before starting a company Before launching a startup, an entrepreneur must ask him or herself the following question: Can I support myself for the next 18-24 months? This is specially important if you're in your late twenties or early thirties. It doesn't matter where support comes from. It could be your... Continue Reading →
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