Recently, two really interesting articles have been published regarding the difficulty of growing and/or scaling a business. The first, titled “Startups Can Be a Struggle,” summarizes the September 18, 2014 panel at Denver Start Up week led by Boulder Venture Capitalist Brad Feld, discussing the realities of managing and raising capital for emerging companies.
As a former emerging company CEO looking for significant cash infusion, I needed to pitch to investors a lot. The most often asked question was “Do you have a patent and if so how many do you have?” The more significant question would be “Do you have an intellectual property plan and if so, please…
Dictonary.com defines “emerging” as 1) To come forth into view 2) To come up and arise 3) To rise from an inferior point or position From my own personal experience as an entrepreneur, emerging businesses face certain issues at certain stages: 1) Emerging businesses that have not yet proved concept Proof of concept usually occurs…
I recently attended the Rockies Venture Club presentation entitled the “Truth About Venture Capital” where four different venture capital firms discussed their views on how they can or cannot help entrepreneurs. The participants were pretty unanimous in their view that entrepreneurs first need to be able to significantly succeed without venture capital before they are…
About nine years ago, I had a great idea. The idea was novel, scalable and could really make a positive difference in people’s lives. I always wanted to be an entrepreneur but at the time had only worked as an attorney, in large or government organizations. Leading and developing something that actually could change the…