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The Guide to Entrepreneurship
book

The Guide to Entrepreneurship

by Michael Szycher Ph.D
August 2014
Beginner
427 pages
11h 40m
English
Productivity Press
Content preview from The Guide to Entrepreneurship
270The Guide to Entrepreneurship: How to Create Wealth for Your Company
Anti-dilution provisions
Right of rst refusal on new share offerings
Excessive management fees
13.10 Last Words of Advice
“Speak the truth, but shut up immediately after.”
Rookie entrepreneurs have a tendency to exaggerate their technology and
their accomplishments. While this may be somewhat acceptable with the 3Fs
and even with Angels (“puffery”), it is a deal killer with VCs.
Most VCs are highly experienced professionals, who “have been there…
done that.” Following is a short list of “entrepreneur spin” that could short-
circuit your plans:
Our sales projections are super-conservative (we will gain 10% of the
market in a year).
The market potential for this ...
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Publisher Resources

ISBN: 9781482209075