UGBA M5L2 - Focus on a few key products Need sustainable...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Something in personality to seek growth and expansion Think past what needs to be done today Risk taker, but it is not that you like risk- risking regret Existing Business Easier to get financing Friends, Family, and Fools- they are taking a chance on you Venture capital started in SF Less than 1% funded by venture capitalists- invest other people’s money Venture capitalists invest in the person- all about cash flow Business plan a must Executive summary finance sheet then business plan
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Focus on a few key products Need sustainable competitive advantage Getting a small percent in large market you are still not a player Better to have larger percentage Getting into market where leader has 65% of market- tough to get in Go for small percent leader Important to have one culture Do spend all your time on financials- your process and how you are going to make money Where you are going to break even Customer pain- what are they struggling with...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online