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StartupGuru

  1. Free chat with an expert for family caregivers at www.toghers.com
  2. Free entrepreneur funding pitch event Oct 14th in Boulder, 6PM. 6 Companies, investor panel and lots of networking. http://bit.ly/1HeLWz
  3. Great tech focused social and sustainable meetup in Boulder on Sept 23rd, 6PM. Featuring IBM and Rally Software. http://tinyurl.com/pwy7jr
  4. For 20 yrs entrepreneurs have had access to credit, jobs & a boom in either the stock market or housing to pull cash. Now what? Crowdcapital
  5. Looking for a business partner/friend with integrity to join Startup Guru- http://www.startupguru.com/jobs_32.html
  6. From Scott Shane- annually about 750 startups get VC funding. Say 50% are in the valley, are you really going to get VC money?
  7. I read today that as many as 7 percent of laid off people will start their own business. Where is the seed capital?
  8. Scott Shane shares that the typical startup requires on $25,000 in funding to get going. So why do you need $1M?
  9. Think about using formal sweat equity to seed fund your business- 25+M might be willing to join you. http://tinyurl.com/qmsdpa
  10. Now might be the best time to start that business, labor costs are down and overall expenses as well- http://tinyurl.com/r3n7s4
  11. AP reports "All told, nearly 25 million Americans were either unemployed, underemployed or had given up looking for a job in May."
  12. My point is if you spend all your seed capital on a beta or prototype and do not save money for generating revenue well sorry you've lost
  13. When an entrepreneur tells me their strategy for generating revenue is a viral marketing campaign - he is what I hear no money left so pray!
  14. So 242,000 women owned and 818,000 men owned businesses exceed $1M in sales annually or 1.1% and 3.72% respectively.
  15. So 1,060,000 businesses have revenues over $1M. With 22M businesses then 4.8% have revenues over $1M. Are you in the top 5%?
  16. Research shows 6 percent of men-owned businesses are over $1 million
  17. Research shows that only 3% of all women-owned businesses generate $1 million plus in annual revenues.
  18. Startup Reality: 3999 in 4000 businesses are not VC fundable- so create your business with the intention of bootstrapping for success
  19. Shane states computer hardware, software, semiconductors, communication, and biotechnology account for 81 percent of all venture capital $
  20. What we do as entrepreneurs is not as important as WHY we do it! Why do you want to start a business?