Startups

Assessing Startup Risk

Category: 

In their excitement to launch their new ventures, many entrepreneurs tend to minimize the level of risk involved with their startup. But for funders and investors, new-venture risk assessment is a critical part of the evaluation and decision-making processes. In my work with entrepreneurs seeking funding for their startups or early-stage ventures, I generally find that most have not adequately factored risk into their plans. However, from both a funding and an operational perspective, it is important to not just identify the risks, but to consider how they will be overcome or minimized.

 

Assessing and planning for the various risks a new venture might face increases the likelihood that these challenges can be overcome with little or no impact on the...

read more..

Latest Posts in Startups

Would Boudica Wear Spanx?

A major angel investor in high tech companies, who is a woman, told me she didn’t like to invest in ventures led by women  the vision of male entrepreneurs like Jeff Bezos, Larry Ellison or Steve Jobs. Some women build large businesses, she explained, but they’re usually based on girly products. Women don’t build companies that are based on disruptive technologies and have the power to change the world.  Even Amazon, a name associated with...


Key Traits of Entrepreneurs

Entrepreneurs have a different mindset from people who have jobs. Here are some key traits:

Stubborness. True Entrepreneurs don’t know how to give up.  This attribute is far greater than persistence. It means entrepreneurs have to actually learn how to give up.  They have to learn when to cut their losses and move on. And usually they can’t move on until they’ve indentified their next big idea or business concept...


A Self-Remade Man

Ron Flavin is a self-made man. And a self-remade man.

A high school drop-out – one who now holds an MBA – he went into business at age 21, starting with a chain of retail stores. In his mid-30s he and his partner went into the sports apparel and poster business.

For the next few years things went well for Flavin. His company was selling their wares in Walgreens, Kroeger, Big 5 and the biggest dog of them all, Wal-Mart...


Jesper Vork | Business Intelligence from Denmark to America

Danish born Jesper Vork was with Microsoft before founding Performance Partners Business Intelligence. PPBI is a reseller of Business Intelligence Software from the Australian-based Calumo and TimeXtender, from his native Demark to current users of mainframe computers, such as Fortune 500 companies. “Business Intelligence,” Vork explains, “in my definition, is to help businesses get the information they need and to make the right decisions...