Entrepreneur

4 Mistakes Entrepreneurs Should Avoid

By | Apr 15, 2014 at 9:00 am

Repeating someone else’s mistake can be worse than making a mistake of your own. After all, plenty of entrepreneurs have come before you, so why not learn from both their successes and mistakes? Over the years, I’ve learned a lot through trial-and-error as an…

Entrepreneur

The 3 Most Important Letters In Finance for Startups Seeking Funding

By | Mar 28, 2014 at 2:30 pm

It does not matter where or how you get funding for your company, the number one ball you need to keep an eye on is the U.C.C. For what happens with the UCC has potential to cause an effect on other funding events. By…

Entrepreneur

Debt Ain’t A Dirty Word

By | Mar 20, 2014 at 10:30 am

In the young startup space, it is acknowledged that finding investors is the Holy Grail. Oh those many hours of listening to presenters at conferences and reading the forests of articles written or how-to’s created – on better success at raising capital through investors….

Entrepreneur

3 Ways To Monetize Your App That Every Startup Should Consider

By | Mar 9, 2014 at 12:00 pm

You have just made an app and you are almost ready to launch. The time has come to ask yourself one of the most important questions about your product: What is the best way to monetize your app? Finding a way to make money…

Entrepreneur

DC

SmartThings’s Alex Hawkinson: 5 Key Tips for Running a Successful Crowdfunding Campaign

By | Feb 4, 2014 at 1:09 pm

Last week, Startup Grind DC held a fireside chat event at nclud with SmartThings CEO and co-founder Alex Hawkinson. Aside from talking about his hopes for the DC tech scene and praising the area’s vast resources that encourage tech startup growth, Hawkinson spent some time speaking to the audience…

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Entrepreneur

The Series A Crunch Demystified

By | Dec 7, 2013 at 1:00 pm

My startup Speek is making free conference calls fast and easy. Speek has raised nearly $3 million in seed funding from a blend of angel investors and VC’s. We are currently going through the process of closing our Series A round. I’d like to…

Entrepreneur

Crowdfunding Fundamentals: Creating the Right Campaign in the Right Place

By | Sep 10, 2013 at 3:00 pm

Connecting across the globe is simpler than ever before. Sometimes, all it takes is the tap of a finger. As a small business owner, that means finding customers, investors, and opportunities is simpler than ever before, too. Innovative companies are using the Web’s far-reaching…

Entrepreneur

VCs Are People, Too: The Venture Fund as a Startup

By | Jun 24, 2013 at 1:00 pm

As entrepreneurs, we often find ourselves prostrated at the feet of a mighty money manager, asking for their holy blessing and term sheet. In our position of humility and reverence, we only see their “consumer facing” side. They snap their fingers and hundreds of…

Books

A Book in 5 Minutes: What Every Angel Investor Wants You to Know

By | Apr 19, 2013 at 11:00 am

Don’t have time to read? Here’s a quick but comprehensive summary of Brian Cohen and John Kador’s “What Every Angel Investor Wants You to Know: An Insider Reveals How to Get Smart Funding for Your Billion-Dollar Idea,” released in April 2013. Who should read…

Entrepreneur

How 5 Minutes Can Save You Millions

By | Apr 18, 2013 at 9:00 am

One-hundred percent to 150 percent:  that is the estimated cost of turnover as it relates to an average employee’s base salary. So, if you hire for a position that has an annual salary of $100,000, and that person leaves, it will cost you up to…

Coworking spaces

Startup Jackpot: Not Your Typical Pitch Competition

By | Apr 15, 2013 at 11:00 am

This past weekend, a room full of people became investors at Startup Jackpot, a startup event raising seed money for other startups. Fifteen local DC startups went head to head for a cold hard cash prize of $10,000 at Canvas, a quirky coworking space…

Entrepreneur

The Upstart Model: Invest in the Entrepreneur, Not the Idea

By | Mar 24, 2013 at 10:00 am

True entrepreneurs don’t just have a business idea, execute it, and then move into a cushy corner office. They must continue to innovate and come up with new plans to disrupt a market. Investors need to start considering what they are backing — the…

Entrepreneur

Startup Founders: You Need More Money Than You Think

By | Dec 5, 2012 at 3:00 pm

Startups go out of business for only one reason. That reason is – all together now, repeat after me – “because they run out of money.” And that raises the eternal question, “How much money do I need to raise?” You need more than…

Accounting

4 Reasons Why Startups Should Go Old-School with Their Banker

By | Oct 23, 2012 at 10:00 am

Entrepreneurs are, by definition, a self-reliant bunch. It makes sense, of course. Those who forego a paycheck and traditional job security in furtherance of an unproven business model are unlikely to need much hand-holding. Enter the banking relationship. Of all the old-line professions going…

Entrepreneur

Chicago

Kickstarter Tips from Everpurse

By | Oct 12, 2012 at 11:00 am

Everpurse, the purse that charges your smartphone when you drop it in, is set to raise over $225,000 on Kickstarter, after hitting its goal of $100,000 in less than a week. With over 3,400 projects on Kickstarter, Everpurse clearly stood out. It garnered over…

Entrepreneur

5 Tips for Raising Capital with Crowdfunding

By | Oct 1, 2012 at 3:00 pm

Capital is the lifeblood for every new tech startup, but many entrepreneurs are turning to sources other than grants, loans, or venture capitalists. Crowdfunding offers a viable alternative for entrepreneurs to raise funds by appealing to a wider audience of potential customers. Done successfully,…

Entrepreneur

Why Financial Models Are Easier Than You Think

By | Jul 10, 2012 at 1:55 pm

Tech Cocktail is happy to share 4 key insights by entrepreneurs about financial models by guest author Taylor Davidson, creator of  financial models for startups. Ask any entrepreneur about what they’re building and the problems they are solving, and their eyes light up. But…