Take Someone to Lunch: The Importance of Talking to an Expert Before Starting a New Business

Conversations are very important for people. And this is more important if you are someone who is planning to start a new business. For would-be entrepreneurs, keep in mind that nothing can match the value of wisdom that you could obtain from someone who has experience in the field that you would be entering. Therefore, taking someone to lunch – especially those who have knowledge on what you want to do – is a must if you are thinking about starting your new business.

In the United States, hundreds of entrepreneurs are

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Confessions of a Startup Guru: The Traits of a Successful Entrepreneur

Starting a new business is no doubt difficult. But for some, the task of managing startups is inherently easy and is usually enjoyable. Many successful entrepreneurs, for instance, wouldn’t let pass an opportunity to start a new business.
One of them is 36-year old Phillip Chipping – founder of successful mobile accessory company ZAGG. Chipping, who started founding businesses at the age of twenty-one, has a number of achievements under his name. These include, obviously, the success of ZAGG which he started in 2005 in his parents’ backyard.
Considering the small number of

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Finding Alternatives to Convertible Bonds

For many startups, convertible bonds (also known as convertible debt) are one of the most common sources of financial support. This type of simple and inexpensive agreement helps entrepreneurs strengthen their companies and prevent it from collapsing immediately after its establishment. Despite its enticing promises, however, there is an apparent negative side to convertible bonds – the presence of debts.
In various articles, several successful entrepreneurs have noted the increase in the number of startups that are burdened with debts because convertible bonds. Perhaps some investors would argue that the bonds are nothing but equity investment. Technically and legally, however, these

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The Power of Trust: Things to Keep in Mind During Meetings with Potential Investors

Every startup owner recognizes the difficulty of securing investments from venture capitalists. For many entrepreneurs, the process of applying for financial support requires a special set of skills that will help them secure the investments. And while this is generally true, some people tend to overlook a lot of simple things that can boost their chances of getting what they need.
In the past, for instance, seafaring traders and explorers were able to secure capital from the early versions of venture capitalists even without the help of grandiose presentations. One of them was Christopher Columbus, who received financial backing from no

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