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Pick The Entrepreneur Lifestyle Alternative For You

You are an aspiring entrepreneur, eager to dump the corporate grind, and work to the beat of your own drummer, but you can’t come up with that killer idea to save the world. What are the alternatives that will give you the independence you crave, and challenge your business acumen? Technically, I believe an entrepreneur […]
Martin Zwilling
Martin Zwilling , Founder and CEO , Startup Professionals
9 Feb 2014

Are balance sheets or profit and loss statements necessary to produce for early stage startups with no revenue?

Investors absolutely need to know the specific financial status of a company before they invest, because they are going to be part owners of the business. How much would you be willing pay someone to take over their bank account if you had no idea how much was in it? So yes, it is absolutely standard practice […]
David S. Rose
David S. Rose , Founder and CEO , GUST INC.
6 Feb 2014

What are some things that truly committed angel investors do for startups?

The ideal angel investor would spend a great deal of his/her time working on behalf of the company in support of the CEO, in every way other than being a full-time employee. In addition to doing the kinds of things that anyone (employee, friend, parent, founder, etc.) could do (referring customers, tweeting out news, suggesting ideas, checking […]
David S. Rose
David S. Rose , Founder and CEO , GUST INC.
2 Feb 2014

Entrepreneurs Need Experience More Than An MBA

I don’t have an MBA. I used to fear that this would put me at a disadvantage in starting my own company, but now I’m convinced that it may be the other way around. In some reputable surveys, as many as two-thirds of entrepreneurs felt that their entrepreneurial spirit was more ingrained than learned, so a […]
Martin Zwilling
Martin Zwilling , Founder and CEO , Startup Professionals
2 Feb 2014

As an investor, what are the most important items that a startup must have for you to invest?

Large and growing market Real domain expertise Provable product need Scalable business model Competitive advantage Platform/partnership/bizdev/API strategy External validation (ideally traction and/or passionate customers) Viable business structure and cap table Reasonable valuation Proven team (tech/product/design/marketing/sales/domain/etc.) But most important of all, it must have an entrepreneur on whom I’m willing to bet. And the attributes I look for in […]
David S. Rose
David S. Rose , Founder and CEO , GUST INC.
31 Jan 2014
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