5 Simple Reasons Entrepreneurs Fail

As I think back to my many entrepreneurial endeavors that failed (e.g. post mortem of a failed product), several clear themes come to mind. It isn’t that any one issue or challenge was the culprit, rather there were a number of items that colluded together. Also, most were within my control and I still failed. Here…

When is a Startup No Longer a Startup

A controversial article and topic like work/life balance in a startup is good fun as people have strong feelings on it. I really enjoy hearing competing opinions and point-of-views. After more debate on the original topic, another item came up: when is a startup no longer a startup? Devon Wijesignhe offers up that once you…

Anatomy of an Executive Summary for Startups

Ideally, an entrepreneur would show an angel investor a demo of a product prototype online or on an iPhone, get it, and write a check. Unfortunately, angel investors still look for an executive summary or slide deck as the standard document that starts the investor + entrepreneur dance. The executive summary is best thought of…

Raising an Angel Round in the South

Today, two different entrepreneurs asked me for advice about raising an angel round, and both are located in the South, making for its own unique dynamic. Even with the negative press about the Facebook IPO, which was very successful for Facebook, the startup world is buzzing with enthusiasm and opportunity. From a trends perspective, social,…