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Impress Venture Capitalists

Impress Venture Capitalists

You’re starting your own company, right? Isn’t everyone? Startups are the new “bands.” If you are, Matt Inglot has some points you might want to consider. He writes about the Top 5 Points a Venture Capitalist Wants to Hear on his site.

There was a whole lot to be learned here, but the biggest take-away from the whole thing was a list of the top five things venture capitalists look for in a desirable investment. As an entrepreneur you should be hitting every point in your planning even if you don’t intend to seek venture capital, as these are key criteria for an idea that has strong chances of success. Here they are in no particular order:

  • Exit Strategy
  • Entry Barriers
  • What is Product/Service Similar To
  • Existing Revenue
  • How Much Money Do You Need for What

The information might prove helpful if you find yourself needing some money for your amazing new social-networking, tag-generating, RSS-powered, GTD site.

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Top 5 Points a Venture Capitalist Wants to Hear — [Matt Inglot]

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Last Updated on August 15, 2018

Book summary: A Technique for Producing Ideas

Book summary: A Technique for Producing Ideas

Kirby Ferguson has written a summary for the book A Technique for Producing Ideas. Generating good idea is a fine art, if you have mastered it you will be successful in many fields. The author of the book, James Young, describes five steps on a technique of combining old elements together:

  • Gather new material, both specific and general.
  • The Mental Digestive Process
  • Drop it
  • Poof, the idea appears
  • Work it

Kirby also brought out his own thoughts – drop down every ideas you have in mind – You mind is not always as good as paper and sometimes it only stays for a short period of time. After you’ve dropped your ideas into your notepad, you will also have extra chances of linking and modifying your ideas together.

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Book summary: A Technique for Producing Ideas – [Goodie Bag]

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