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Starting in September Click will host InCommN's new lineup of great events. Stay tuned for details :). In the meantime, check out their current lineup of great events here.
Freelancers, founders, consultants... you name it, in the modern economy we all need to network. >50% of communication is via body language, so its best for us to be aware of it! Entrepreneur.com put together a nice piece highlighting 4 simple tips to improve networking.
Short version:
Welcome to another Funding Friday post, an occasional series of videos and links to best practices on raising startup funding.
Image by Becco Eliacik
This week we're talking about the many flavors that startup capital comes in. Each flavor has its own strengths and weaknesses and is appropriate for different entrepreneurs at different times. Today's video is an intro to the topic. We'll go over each flavor in more detail over the coming weeks.
Introduction to the Flavors of Capital
Finding the right cofounder(s) is critical to the success of a venture. OnStartups has a great post one best practices in recruiting cofounders.
Some Highlights:
"balanced teams with one technical founder and one business founder raise 30% more money, have 2.9x more user growth and are 19% less likely to scale prematurely than technical or business-heavy founding teams."
" Advisors and friends are great, but they aren’t nearly as emotionally invested as you are."
"Fall in love with the person, not the idea."
"When should you start thinking about a potential cofounder? The quick answer is ‘always.’"
"Finding the right cofounder is game changing – make sure you approach it like you would a partner and make it an early priority."
Dr. Jeff Cornwall has a great post about how to pitch, which matters not only to entrepreneurs trying to get funding, but to anyone who ever needs to persuade someone of something in a short time... in other words... all of us .
Short Version:
I would add a #0: front-load credibility. Make your second and third sentences be quick examples of ACTIONS/RESULTS you have taken to make the venture go from a concept towards success.