11/29/2021 Tip: The Value that Venture Capitalists Offer | Growthink

11/29/2021 Tip: The Value that Venture Capitalists Offer

Today’s Quote

“The absolute fundamental aim is to make money out of satisfying customers.”
~John Egan

 

Today’s Tip

Venture capitalists (VCs) often provide value beyond the actual dollars they invest in your company. 

Venture capitalists often provide additional value via:

  • Contacts that they have in their networks that can help your business
  • Advice in running your business, based on deep experience in your industry and in successfully growing ventures
  • Contacts to additional sources of capital

Many VC firms are made up of entrepreneurs who have launched and grown their own successful businesses. As such, they are often able to provide significant strategic guidance and connections that can help your business grow.  

 

Today’s Resource

Forget Old School!

The “old-school” way of raising venture capital is DEAD! 

And that’s why I created this page for you… to show you how to do it right.

See the right way to raise venture capital <– 

There’s a common mistake almost every entrepreneur makes… and if you approach venture capitalists like most entrepreneurs, you’ll NEVER get funded. 

Here’s how to do it right <—

 

Trivia

Today’s Question: Which designer is credited with inventing the mini-skirt?

Previous Question: What was megacorporation IBM known as before its name was changed in 1924?

Previous Answer:  C-T-R, for Computing-Tabulating-Recording Company.

By 1924, it had become international in scope and changed its name to IBM that year, when Thomas J. Watson took the helm of the company.

 

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