The Inside Look of the Investment Process for VCs

Many Entrepreneurs understand the basics behind the attributes that Venture Capital (VC) firms base their investment decisions; but do you know what steps they take to get there? The following post will highlight the investment process and the timeline associated for the typical VC process.

 

Creating the Right PR Statement

Every company sets out to solve a problem, which is outlined in their mission statement. However, when it comes to describing that message to their customers, competitors, and market. This message often becomes jarbled, misinterpreted, and some occasion’s completely different than what they wanted to say. Follow this strategic PR process to help you create that perfect message.
There are few questions you must answer, so let's start:
 

Vision, Mission, and Gameplan

Every now and then, you come to think of an interesting idea and try to figure out what next steps to take. Follow my three-step approach of turning your idea into reality.

Web entrepreneurs: you have no idea what your customers are thinking...

In late 2009, my best friend Jennifer and I decided to start an internet company building affiliate-based shopping sites.  I had recently read about the Lean Startup philosophy, coined by two entrepreneurs Eric Ries and Steve Blank.

Building A Business Not A Hobby

Recently, there has been a flurry of startups and startup ideas that have entered the market. All great for the economy: helping create new jobs, technology, and enhancing the quality of life for their users. During your initial investigation, it is imperative to evaluate and understand the type of business model that will put into place. If you don’t, your venture will just turn into a hobby that will eat away at your time.
 

Milestone Based Planning

Whether your working on a Technology or apparel venture, it is imperative to have a plan and a strategy that you can share with the rest of the team. Through my personal endeavors, working at a VC firm, and for IDEA (Northeastern’s Venture Accelerator) I have found that ‘milestone-based planning’ seems to be the best method to help guide a venture through its development.

Looking For Your Next Job?

Recently I’ve had the opportunity to help a few of my peers and friends look for their next job. Some have been extremely successful while others have had a REALLY hard time finding something that they are passionate and excited to join. Here are a few guidelines to improve your method of finding the next venture to get involved with.

 

Knowing The Questions You Will Need To Answer When Speaking To An Investor

Wouldn’t it be nice to know the question that you’re going to be asked on your interview, test, or even by your girlfriend? Well I cant help you there, but here is a list of different categories and questions that you should be able to answer when asking for money.

The Magic Formula For A Successful Business

Over the past few years, I have had the privilege of taking a look at a variety of different businesses and think I found the magic formula that I run through to see if a company is viable or not.  Here are the top 5 buckets to take into consideration when trying to create a venture.

 

Joining a Startup - Part 2

Last week, we talk about doing your ‘homework’ before joining a startup and the different categories you should investigate to help make your decision. Now, lets discuss the different questions you should ask in order to finalize your employment decision.

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