How to secure venture capital for your start up
By Ed Mlavsky
Created 09/16/2011 - 10:15

  • How To

● Make sure you have an addressable market.

● The idea must be something that others can't easily do/copy.

● When seeking funding you must have more than just an idea. You should have developed sophisticated algorithms.

● Is there a barrier to entry? You need to have patents filed for your product/idea to discourage others from copying you.

● Make sure your presentation isn't feeble. Coming in with 142 slides wont work. I wouldn't even look at them. You need to convey your concept in no more than ten slides.

● Know your competition.

● Prove your credentials, ie: Are you a repeat entrepreneur? Have you don't this before? Often the person is just as important as the idea, if not more so.


Source URL: http://www.thejc.com/business/how-to/54849/how-secure-venture-capital-your-start