Putting all the steps in motion to finally start a business usually begins by simply having an idea with commercial appeal. Everyone gets these. They think about how some product or service would improve a situation or make people more comfortable. Before long, a lot of these people realize there’s a way to turn that dream into a business. These are the entrepreneurs of our economy. By thinking of ways to make life easier for others, entrepreneurs develop businesses that earn money. Here are some actions to take for joining the ranks of business owners. First, focus on one step at a time. The most overwhelming thing about starting a business is that there is so much...
Read MorePrivate equity is today’s most sought after fund source and investment house. This financial aspect, of course, covers two sides of the coin: the investors and the entrepreneur. Both sides try to tap into private equity for almost the same reason of growing their money. Whether you’re an investor or an entrepreneur, it is best to understand how private equity works for both sides before you try tap it. For The Investor Private equity can be defined as a type of capital that is made available to various privately-owned companies and investors. It is also a form of pooled capital fund that is coming from various investors. Once might think that since you are investing...
Read More“Venture capital” is a term that is often heard in business discussions. But more often than not, the more common belief is that this is rather complicated and difficult to understand, especially for those who are new in the game of business. For entrepreneurs and anyone who may be interested to get into business, it is important to understand what this is all about. Venture capitalists and firms are composed of people and firms that have pooled in their resources in order to invest in businesses, whether to start-up financing or for company expansion, for the purpose of earning profits within a short period of 3-7 years. The goal is to increase the...
Read MoreIt’s an awfully big undertaking to go in to alone. In fact, most entrepreneurs open the doors of their business with product or service knowledge but what they lack is the knowledge to run a business. They might be master plumbers but don’t know how to market the business. They may be computer geniuses but lack the knowledge of how to price their service competitively but still make a profit. To go back even further, the world has an even bigger problem. Education systems encourge learning certain subjects and ideas but it falls short of teaching students how to think like an entrepreneur. An entrepreneur doesn’t think any problem is too difficult to solve and an...
Read MoreSomeone recently posted this question on Quora. Here are my thoughts … I have been on both ends of this issue. As a co-founder and principal of a startup, I’ve been through multiple iterations of funding and associated dilution and at some point witnessed our business become majority owned by the investors. At OpenView, I have been on the other side… providing multiple rounds of financing to a portfolio organization which at some point led to our ownership of the majority of the business. So I think I can say I have a pretty well-versed perspective on these issues and how they develop. Whether I’m wearing the investor, board member or founder...
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