Should You Start A Company

What are your next steps to your Point B? What is your W Cubed?

W3 – WHO? Is doing WHAT? WHEN?

Exactly WHAT are you going to do in order for you to find the investment dollars for you to fully implement your plan and achieve your vision?

Who will be the WHO that does all the work required to raise your funding?  WHEN are you going to really start?

Watch this short video on Finding Your Funding to protect yourself – both from charlatans and from inadvertently violating state and federal securities laws – and going to jail – or worse.

Wishing you stellar success with your start up company,

Robert Lee Goodman, MBA

Ceo & Chief ImpleMENTOR

www.RobertLeeGoodman.com <~~~ My Google Business Card

www.Virtual-Exec.com <~~~ My Executive Summary of Services

www.DeviledDetails.com <~~~ Connecting Your Four Big Dots To Get From Point A To Point B

www.ShouldYouStartACompany.com <~~~ My Business Blog

www.FiveYearLife.com <~~~ Make Sure Your Point B Is Right For Your Business And Personal Life

www.ConsultingCompanyUniversity.com <~~~ Start Your Consulting Company – The Right Way

www.FundingForeplay.com <~~~ What It Takes To Romance & Seduce Investors

www.CompoundKnowledge.com <~~~ What EXACTLY Is Your Special Ingredient?

www.BestOfElance.com <~~~ Short Video On My Business Planning Services

www.ConsultantOptions.com <~~~ Choose Your Best Option For Us Working Together

www.Twitter.com/RobertLGoodman <~~~ Follow Me On Twitter

www.Facebook.com/RobertLeeGoodman <~~~ Join My Friends On Facebook

1. 43% – Giving away too much of their company during negotiations
2. 42% – Sounding nervous during their pitch
3. 11% – Making promises they can’t keep
4. 4% – Opening themselves up to a lawsuit

These kinds of fears are totally understandable – especially if you’ve still a fundraising virgin.

What are your biggest fears about raising capital for your own start up company?

Funding Foreplay is a four module audio training course that is designed to teach start up company CEOs like you – how to properly prepare and present the dozen documents you must have to successfully romance and seduce angel investors and venture capital to invest in your company.

Funding Foreplay is designed to help entrepreneurs just like you to overcome all four of these fears.  This video shows you how.

Wishing you stellar success with your start up company,

Robert Lee Goodman, MBA

Ceo & Chief ImpleMENTOR

www.RobertLeeGoodman.com <~~~ My Google Business Card

www.Virtual-Exec.com <~~~ My Executive Summary of Services

www.DeviledDetails.com <~~~ Connecting Your Four Big Dots To Get From Point A To Point B

www.ShouldYouStartACompany.com <~~~ My Business Blog

www.FiveYearLife.com <~~~ Make Sure Your Point B Is Right For Your Business And Personal Life

www.ConsultingCompanyUniversity.com <~~~ Start Your Consulting Company – The Right Way

www.FundingForeplay.com <~~~ What It Takes To Romance & Seduce Investors

www.CompoundKnowledge.com <~~~ What EXACTLY Is Your Special Ingredient?

www.BestOfElance.com <~~~ Short Video On My Business Planning Services

www.ConsultantOptions.com <~~~ Choose Your Best Option For Us Working Together

www.Twitter.com/RobertLGoodman <~~~ Follow Me On Twitter

www.Facebook.com/RobertLeeGoodman <~~~ Join My Friends On Facebook

Are you starting a new company or a major, new project or kicking off a new division of your existing company?

If so, you probably already know that a business plan would help you succeed – but do you know what else you need to “connect all the dots” so that you can REALLY get from Point A to Point B?

Watch this short video about Deviled Details to find out the other three major “must have” components that you will need to successfully implement YOUR vision for YOUR new venture.

I’m sure you’ve heard the proverb, “The devil is in the details.” I call it “The Deviled Details.” These Deviled Details are almost always what keeps folks closer to their Point A than their Point B.

One of the key issues mentioned by several of my clients was that they did not know what to do first. And those who knew what to do first did not necessarily know what to do next.

They reported being “stuck.”

They reported being unsure of how to implement all the various “details” required to fully implement everything that was required to start their company or their new project.

However, if you’ve never started a company that generated money in your pocket outside of selling stuff on eBay, then get ready for a long list of action items that will be required to get you from your current Point A to your desired Point B.

This long list of action items, business strategies and tactics are what I call “The Deviled Details” required to get you to your desired point B.

Are you considering the romance and seduction of angel investors or venture capital?

If so, your credibility will be significantly enhanced by completing The Deviled Details Action Planning Service. Prospective investors will be able to clearly see your game plan – and understand how well thought out your implementation steps are.

This can give you a huge competitive advantage over other, competing investment opportunities where those companies only have arm-waving generalizations in answer to the hard questions prospective investors can ask.

With The Deviled Details Action Planning Service, you will be prepared for virtually any question that prospective investors might ask. And, the great thing is: it isn’t just all for show.

You really will be much better prepared to get your new company to your desired Point B – the same Point B that you will be promising prospective investors – all because you were smart enough to see all the benefits of investing in The Deviled Details Action Planning Service.

Get Unstuck – And Get To Your Point B

That’s one of the goals of my Deviled Details Service: To give you the comprehensive Deviled Details to get you to your desired Point B as efficiently and effectively as possible.

Another one of my goals is to “Unstick The Stuck.”

I hope this video will help get you “unstuck” and back moving toward your goal of reaching your Point B.

“What Is Your Start Up Company’s Special Ingredient?”

This is one of the key questions I ask my consulting clients who are starting a new business. What would your answer be to this question? Exactly why WILL prospective customers buy from you instead of continuing to do whatever it is they are currently doing?

Amazingly, most entrepreneurs have not even considered this issue – they rarely even have an answer after they’ve thought about it for a while.   Marginal “me too” improvements over existing solutions will rarely drive sales for a start up company.  This is true even in areas of interest and focus for your prospects.  Even great innovative improvements in areas that are not of interest and focus to your prospects will also rarely drive sales.

I call this your YSI:  Your Special Ingredient.  Sometimes this is called your USP – Your Unique Selling Proposition – a concept and theory that goes back to the 1940s.  Others refer to it with a variety of terms, like KSP – Key Selling Point.  No matter what the acronym, it is still the same basic question:  Why you and your company? (more…)

When you want to raise investment funding from private or angel investors, you have GOT to do it the right way – or you could end up with both the federal SEC and 50 state securities boards coming after you – like what happened last month in Pennsylvania.

The risk of major penalties to you and your company are just too great to do this wrong. Look at what happened in this one case: (more…)

I’ve just added two new widgets here at my blog that will let you immediately download both a Sample Comprehensive Business Plan and a Reg D 506 Private Placement Memorandum (PPM) – for free. The PPM also includes a Prospective Investor Questionnaire and Investor Subscription Agreement.

These two free downloads are very basic, and are not the business plan or PPM that are included and analyzed in detail in Funding Foreplay – but they will show you the fundamental components of what you need for two of the twelve total documents you are required for successfully raising investment capital from venture capital and angel investors. Each document is about 40 pages long and can be immediately downloaded.

For a much more comprehensive business plan and PPM, including samples of all dozen necessary documents you will need, check out Funding Foreplay at www.FundingForeplay.com.

If you need help with financial projections and your business plan or business planning, check out my services and prices at www.ChiefDragonSlayer.com.

If you need personal, one on one coaching and mentoring, please check out my services at www.StartUpCompanyMentoring.com for details and pricing.

Wishing you STELLAR success with YOUR start up,

Robert Lee Goodman

Do you still want to start that new company or home based business?

I’m pleased to tell you about my own new company – Start Up Company University – which is a division of Ceo Resource LLC. The first product offered by Start Up Company University might make all the difference to your own company’s future.

Funding Foreplay is a four module audio training course that teaches start up company CEOs like you – how to properly prepare and present the dozen documents you must have to successfully romance and seduce angel investors and VC to invest in your company.

I’ve condensed and distilled down the techniques that have taken me three decades to acquire and fine tune with my own real companies and my own real deals. Funding Foreplay includes over five hours of audio – and over 390 pages of real life, highly confidential, documents you can use as guides for your own dozen documents.

The introductory price of Funding Foreplay will double after the sale of the first 500 courses. You can learn to speak the language of investor love and grab Funding Foreplay at half the price…if you hurry. (more…)

As I get questions from readers from my Ask The Chief Dragon Slayer Campaign, I will take some of the questions that I think might have a broad audience and post them here on the blog.

This one is filed under “Dragons – Fundraising: Can I Use Investor Money To Pay Me Back?”

Question:

Love the blog! Finally someone answering real life startup company questions! I want to raise $1.8 million for my computer business to take it to the next level. Can I use $250,000 of the $1.8 million to pay me back the money that I have already invested in getting my company started?

Thanks again!

Walt

Answer:

This is one of the most frequent questions I get from clients: Can I get back all of my money that I have invested so far in starting my company from the new investment dollars I get from angel investors or venture capital?

The short answer is almost never. (more…)

As I get questions from readers from my Ask The Chief Dragon Slayer Campaign, I will take some of the questions that I think might have a broad audience and post them here on the blog.

This one is filed under “Dragons – Fundraising: Can I Spend The Investor Money As I Get It?”

Question:

Thanks for your comments about accredited angel investors. It was very helpful. We just finished your business plan and are starting to pitch our deal to angel investors and venture capital. Since we are already spending money on buying stuff for the company, can we start spending the investor money as we get it?

Steve

Answer:

The first thing you need to buy is a big sword – so you can fight off all the dragons that are getting ready to hatch! Firstly, you didn’t say – but I hope you have a Reg D PPM for a LOT of reasons. Please see FundRaisingDocuments.com

One of the things that should be covered in your Reg D PPM is how you handle (more…)

As I get questions from readers from my Ask The Chief Dragon Slayer Campaign, I will take some of the questions that I think might have a broad audience and post them here on the blog.

This one is filed under “Dragons – Fundraising: What Are Accredited Investors And Why Should I Only Raise Money From Them For My StartUp Company?”

Question:

I’m getting ready to raise $2 million for my startup real estate company. I’ve finished my business plan but a friend of mine said I should only talk to accredited investors. I’m not exactly sure what an accredited investor is and I don’t understand why I can’t talk to anybody I want to about investing in my company? Please make this one of your questions for your teleseminar.

Thanks,

Mark

Answer:

Thank you for submitting your question at www.StartUpCompanyQuestions.com. There are several critically important implications and potential dragons I gathered from your question. Since I want to keep you from battling some very vicious dragons as a result of your upcoming actions, I am answering it now so you don’t have to wait until the next teleseminar.

The term, accredited investors, has to do with securities laws – both federal and state – and making sure you comply with the very onerous restrictions that go with the fundraising for your start up company. I’ll give you both the short and long answer to what an accredited investor is in a minute. But the first thing you need to know is that if you raising capital from angel (AKA private) investors, you will almost certainly need more than just a business plan. You need what’s known as a Reg D Private Placement Memorandum – PPM – in order to comply with federal and state securities laws. (more…)