July 31, 2007

Steps to Funding

STEP 1: Post Your Plan & Get Rated

Post your business plan for FREE in front of hundreds of investors and lenders. Once your plan is posted, it will be automatically rated by one of our business plan analysts and will be placed into the Investor Gallery — of course, the highest rated plans will be seen at the top of the investor’s list. While the investor will only see your overall score (0-4 stars), you will have instant access to ALL of your rating details for only $19.95.

STEP 2: Prepare Yourself for Angels & Other Financing Sources

Did you know that only 2 out of 100 small businesses are successful when raising capital? Our goal is to increase those odds by giving you the tools and education necessary to obtain financing for your company.

STEP 3: Pitch Your Idea to Angels & Other Financing Sources

Once you have adequately prepared by becoming a 3-4 star plan, FundingUniverse can help put your plan in front of the right financing sources.

July 25, 2007

Maintaining Balance

You may have noticed that being an entrepreneur and starting your own company takes up most of your time and energy. However, while you are starting your business it is important to maintain balance in your life. Why? If you are going to successfully run your business, you need to be healthy physically and mentally. In addition, if you become incredibly successful, you want to be able to share that success with the people you care about. So start now. Try to balance your life by implementing some of the following suggestions:

  • Establish boundaries: Try to determine what you will do at work and what you will do at home.
  • Do some sort of physical activity for 30-60 minutes a day. Studies have shown that people who are physically fit generally have less health problems. The healthier you are the more time you can spend running your business.
  • Ask for help. Understand that you cannot do everything by your self. Find people who you can rely on. Delegate some of your responsibilities to these people.
  • Step away from work. Every so often step away from work, completely. Turn off your cell phone. Do something you enjoy.
  • Prioritize what is most important.

July 23, 2007

Reid Hoffman, Alex Welch and Joe Krauss on one stage

Michael Jones, our talented, single and very available lead customer service dude, just sent me a link to a great panel discussion hosted by Guy Kawasaki featuring panelists Alex Welch, Photobucket.com; Reid Hoffman, LinkedIn.com; and Joe Krauss, Jotspot among others.

They address issues like when to sell your company, the pros and cons of starting a tech company outside of Silicon Valley and other general tips about starting a successful company.  Kawasaki is hilarious and one of the panelists was the original programmer for Where in the World is Carmen San Diego, a game that has changed the life of many a 5th grader.

Check it out here.