The CEO’s Handbook Volume Four - The Money Chase

By Dr. Earl R Smith II
$4.95 Rating: Not yet rated.
Published: April 12, 2011
Words: 41,355 (approximate)
Language: English
ISBN: 9781458189530

Short description

If the goal is getting funded - as opposed to ineffectively grousing about how unfair the world is and how narrow minded investors are - then founders need to understand the money chase from the investors point of view. Helping you do the latter is one of the major objectives of this book.

Extended description

The Money Chase has been the death of many good companies. There are a range of reasons why this is so. Some companies simply do not deserve funding - they are not an attractive investment opportunity. Others embark on the money chase too early. They haven’t established the business base to justify funding. Still others are run by people who seem to like the money chase better than running the business. All of these reasons and more make embarking on the search for venture funding a perilous business which risks your company and all it may become.

Over the years, I have worked with a large number of companies and management teams that have sailed these choppy seas. I’ve written this book to let you in on some of the knowledge - sometimes hard won - that I have accumulated.

If you have been successful in building your company to a certain stage, you will be tempted to search for the financial resources that will allow you to take it to the next level. The question is not if but .. (Read more) The Money Chase has been the death of many good companies. There are a range of reasons why this is so. Some companies simply do not deserve funding - they are not an attractive investment opportunity. Others embark on the money chase too early. They haven’t established the business base to justify funding. Still others are run by people who seem to like the money chase better than running the business. All of these reasons and more make embarking on the search for venture funding a perilous business which risks your company and all it may become.

Over the years, I have worked with a large number of companies and management teams that have sailed these choppy seas. I’ve written this book to let you in on some of the knowledge - sometimes hard won - that I have accumulated.

If you have been successful in building your company to a certain stage, you will be tempted to search for the financial resources that will allow you to take it to the next level. The question is not if but how you will pursue that funding; whether you will adequately understand the new world that you enter when you begin to talk to angel investors and venture capitalists.

The money chase is a high-speed race through a darkened labyrinth that has many blind alleys and circular paths. It is easy to get lost in that labyrinth. The judges are unforgiving of amateurs and their blunders.

The idea of being judged by potential investors is often an uncomfortable one for founders. That has always been strange to me because they are constantly being judged by their customers, team members and stakeholders. But investors seem to present a particular challenge. I suspect it is because of the ‘mercenary’ vision that investors can bring to the table. They are providing funding and are looking for a major return on that investment. The perspective is so tightly focused that founders, who have a more holistic vision of their company, can feel threatened or offended by such an opportunistic approach.

If the goal is getting funded - as opposed to ineffectively grousing about how unfair the world is and how narrow minded investors are - then founders need to understand the money chase from the investors point of view. Helping you do the latter is one of the major objectives of this book.
(Less)

Tags

investment, venture capital, angel capital, venture capital primer, angel investing, angel investors, venture capitalist, investment time management entrepreneurshipbusiness startup success achievement work satisfactionideal career, angel investor, funding, venture funding

Available ebook reading formats

Single purchase gains access to all formats. How to download ebooks to e-reading devices and apps.

Format	Full Book	Sample First 12%
Online Reading (HTML, good for sampling in web browser)	Buy	View sample
Kindle (.mobi for Kindle devices and Kindle apps)	Buy	Download sample
Epub (Apple iPad/iBooks, Nook, Sony Reader, Kobo, and most e-reading apps including Stanza, Aldiko, Adobe Digital Editions, others)	Buy	Download sample
PDF (good for reading on PC, or for home printing)	Buy	No sample available
RTF (readable on most word processors)	Buy	No sample available
LRF (Use only for older model Sony Readers that don't support .epub)	Buy	Download sample
Palm Doc (PDB) (for Palm reading devices)	Buy	Download sample
Plain Text (download) (flexible, but lacks much formatting)	Buy	No sample available
Plain Text (view) (viewable as web page)	Buy	No sample available

Reviews

Log-in to write a Review   Log-in to add a Video Review

This book has not yet been reviewed.

Reason for report:
— Select a reason — Book is or contains spam Book infringes copyright Same content is published elsewhere with different author (for ex., by private-label rights) Duplicate Incomplete work (such as sample or serial) Should be marked adults-only Category is inappropriate Poorly formatted Nudity or other inappropriate content on cover Nudity or other inappropriate visual content in book Inappropriate erotica content Cover image is improper Content is inappropriate Other violation of Terms of Service Other reason not shown above.

Additional details: