11 lessons from venture capitalist Fred Wilson

As a sales oriented founder or CEO, it's easy to be misled by early revenue and fall into the trap of thinking you've already nailed product market fit. It's a common mistake and one of the top reasons for startup failure. As a venture capitalist Fred Wilson not only backs some of the most successful tech companies, he also advises founders on how to avoid this and numerous other pitfalls that can kill startups. This article shares some of his most important lessons on product development, socia...
Continue reading
  0 Comments

Great ways for young people to invest

For just about anyone under the age of 30, the thought of investing might seem completely foreign. You've just got enough money to make ends meet with rent, fuel for the car, going out with friends and university debt, right? But what if we told you that investing what's left over might be the key to breaking free of financial stress and becoming financially independent? Below we've listed a great few ways for young people to invest that don't involve a $10,000 stake in a FAANG stock. Open Term ...
Continue reading
Tags:
  0 Comments

Things startups need to consider once they receive venture backing

You can find many articles on the internet about how to get funding. In fact, you may have even gotten loads of advice on how to get venture capital from business leaders in your community. The one problem, though, is few people tell you what to do with it once you have it. Let's take a look at things startups need to consider once they receive venture backing. Plan your budget wisely Your venture capitalists are going to want an accounting of where you are spending your money. They will expect ...
Continue reading
  0 Comments

Stay motivated when investors keep saying no


  0 Comments

Make-IT in Africa launches investment guides for Kenya, Nigeria startups

The Make-IT in Africa initiative is helping entrepreneurs in Kenya and Nigeria navigate the complexities of startup funding, with the collaboration of more than 60 investors and financing partners. The Entrepreneurs' Guide to Investment in Nigeria and Entrepreneurs' Guide to Investment in Kenya are free to download. They provide information about different funding instruments and types of investment, to give entrepreneurs a better understanding of the entrepreneurial ecosystem in ...
Continue reading
  0 Comments

Could this quaint country be the next capital for startup entrepreneurs?

Ten years ago, Iceland's financial crisis, which saw the collapse of its three largest banks, plunged the country into a severe economic depression. In the following years however, Iceland made an impressive recovery and has experienced considerable growth over the past few years. Although the fishing industry continues to be important and tourism is booming, there are now more opportunities than ever in the country's "healthy business and entrepreneurial environment." Here, Peter Gasca explores...
Continue reading
  0 Comments

Why you need to pitch to investors' hearts, and not their pocketbooks

Convincing potential investors to write you a check isn't easy. They need to know how your business is going to make money, in what timeframe and what the return on their investment is going to be. And your investor pitch needs to include solid financial projections to back up your claims. Return on investment isn't the first thing to address in your pitch, however. "Instead, you should focus on the impact their investment will make," writes business coach Bruce Eckfeldt. Here, he shares how to ...
Continue reading
  0 Comments

The promise of blockchain

Despite the buzz around blockchain, there's still confusion about what it is, how it works, and how it's changing the way we do business. The original blockchain was implemented as a cryptographically enhanced digital ledger for the cryptocurrency Bitcoin. Now "blockchain technologies" are springing up in a range of applications—within the financial services sector and beyond. "I think blockchain will do for the transfer of assets what the Internet did for transfer of information," says Jonathan...
Continue reading
  0 Comments

4 startup funding challenges and how to overcome them

Although starting a new business is one of the most exciting and rewarding endeavours you can undertake, it can also be fraught with challenges. And one of the first challenges is how to fund your start up costs. To get your new venture off the ground, you'll need to create a scalable business model, determine how much money you need, find the right funding option—each of which has its advantages and disadvantages—and plan carefully to make sure you spend the money wisely. In this article, Vivek...
Continue reading
  0 Comments

A revolutionary Silicon Valley VC reveals the five traits she looks for in founders

Despite being homeless and almost broke three years ago, Arlan Hamilton now manages a seed investment fund with more than $5 million to back high-potential, underrepresented, and often underestimated startup founders. As a Silicon Valley outsider, with no track record as an investor, Hamilton spent everything she had on bootstrapping her business and initially struggled to get investors on board. Since then, Backstage Capital has invested in more than 80 startups and seen more than 3,000. In Lea...
Continue reading
  0 Comments

From the Community

Pinned Items
Recent Activities
There are no activities here yet

Join Today!

  • #ShapingtheOdds is completely free to join and use, and community members buy into the pay-it-forward philosophy of openly sharing help, knowledge, ideas and advice to fellow community members. 

    Register below, or read more here!

  • We recommend that you register and log in using the Facebook button.