| Venture Capital Advice | | | | venture articles and "Layoff Tracker" can be found. |
| Founders are a rare breed. You need perseverance, | | | | Here are some tips: |
| talent, and a high threshold for risk to create your | | | | * Start spending time where the venture capital |
| own company. But then comes the big step- how do | | | | partners hang out. Its not a bad idea to start out a |
| you finance your project? Founding a business is like | | | | few venture capital websites for information |
| learning the first time how to ride a bike. It may take | | | | gathering. Also, venture capital partners are typically |
| a few falls to the pavement before you can | | | | members of many entrepreneur associations. So first |
| eventually feel comfortable behind the handlebars. | | | | find out what entrepreneur clubs make sense for |
| If you need venture capital, some times people think | | | | you to join and attend their events regularly. Since |
| that all you have to do is to contact one of the | | | | venture capital firms typically focus on certain |
| general partners at the VC, send a copy of your | | | | industries, you must do your research before deciding |
| business plan, and you will be invited to the entire | | | | what organization to join. |
| partnership. The truth is that partners at VC firms | | | | * Volunteer for such groups. You will get an |
| are inundated with business plans and wherever they | | | | opportunity to work with venture capital firm |
| go they are approached by | | | | employees on an equal level and it is a great way to |
| want-to-be-entrepreneurs. As a result, they tune out | | | | develop friendships and connections. |
| a lot of this "noise" and listen instead to the | | | | * If you are capable of contributing in other ways, |
| relationships that they have cultivated over the | | | | for example, by creating a presentation at a monthly |
| years. You need to be able to tap into this network, | | | | meeting on an area that you know well, do not miss |
| and eventually chain your way to the right partner. | | | | the opportunity. |
| First be sure that you might need venture capital at | | | | * Many entrepreneur organizations offer opportunities |
| some point or if you know that you can not even | | | | for mentoring or organize business plan competitions. |
| launch your business without venture capital. | | | | Make sure to participate in these. |
| To help area entrepreneurs better navigate the | | | | After a couple of months you will be known by |
| twists, turns and bumps, there have been a set of | | | | others in the industry- who can be a great resource |
| blogs launched that provide insights into the world of | | | | and can also provide you with the right contacts. The |
| startups and venture capital. Take a look at | | | | key takeaway, its never too early to start planning |
| TechCrunch, ReadWriteWeb or VentureBeat. Still | | | | for your eventual raise of VC money. |
| there are other pages like where features such as | | | | |