In this episode I talk to sales expert Steve Preda who has spent more than 20 years helping business owners prepare their businesses for sale, finding buyers and investors for them, and coaching CEOs and leadership teams to build buyable businesses. We go over the things entrepreneurs should do when trying to get investors interested […]
In this episode I give you my thoughts on why getting a term sheet isn’t the hard part when it comes to raising money for your business. While it may be difficult to get a term sheet in the first place from investors, it’s even more challenging to raise the full amount in a term […]
When you are first building your platform or product, you need to focus on a couple of things: The technology, putting together a great team, user acquisition and gaining traction, and hopefully earning revenue as well. Once you have all four of these things, you will be in a much better negotiating position when it’s […]
If you read tech blogs and news sites like TechCrunch, Mashable, CNet, and the like, you most likely see new startups getting funded every day. Some of the ideas are great, some are….well, pointless. You wonder why the amazing idea that you built, whether it be a website, a mobile app, or product isn’t getting the funding […]
Running a tech startup or any business is difficult as you may know. One of the most difficult parts of running it is collaborating with your team. Organizing your tasks into various departments can be a headache, especially when you are the founder and must manage it all. Thankfully, there are plenty of free tools […]
As most of you know, I am currently running my fifth tech startup and just launched the beta site last month. To most people, my job seems glorious, fun, exciting, and full of perks. But the truth is, running my tech startup is the most difficult, challenging, and stressful job I’ve ever had, and here’s […]
In Silicon Valley there is a popular term called FOMO (Fear of Missing out), meaning investors throw money at as many tech startups as they can because they’re afraid to miss the next Uber or Facebook. If only that were the case here in Philadelphia. Instead we have quite the opposite. I am coining a […]
So you have a new idea for an app, a product, or just a small business that will allow you the freedom to quit your job. It’s a very daunting and intimidating path that you are about to take, and most people don’t take the risk, they are too afraid. So how do you eliminate […]
Running your startup over the course of a couple of years with your team is a very challenging thing to do without funding. The few that have succeeded are the success stories that you hear every day. A lot of these large companies at one point did something different, but realized it wasn’t working out. […]
As the saying goes, ideas are a dime a dozen. The execution of the ideas are what matters. And who has been executing brilliant ideas throughout history? It’s being accomplished by entrepreneurs, experts in their field, historians, scientists, brilliant minds of our time. Nikola Tesla revolutionized various different things, but there are so many of his ideas that you […]
Every single day, I receive an email from a tech company who is trying to sell a service to me. Whether accounting, legal, PR, analytics, recruiting, you name it, the emails come pouring in on a daily basis. After doing some research, I noticed most of the companies either recently were funded in the millions […]
Often, when a new company launches, with big money backing it (think $1 million), the press and media jump all over it for an interview. And then something horrible happens. The company founders say something that they believe is true, when in fact it is not. A great example is when co-founder of Tinder, Whitney […]
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