Australian early stage angel investors often treat start-up investing like horse racing. They punt with money they're willing to lose, but this approach has led to a lack of discipline and very poor returns.
To succeed in business you have to learn from your mistakes. Every entrepreneur goes through ups and downs, but it’s about how we respond to them that matters. And what we have learnt from your own setbacks. By listening to other entrepreneurs who’ve been through the mill, you can glean the knowledge you need to take the steps toward being successful. I’m a strong believer in sharing stories – both the wins and the losses. And in the inaugural Lead Investor podcast, my co-host and co-founder Emlyn asked me to describe my own journey.
The Valuation canvas is a nice easy way for investors and entrepreneurs to value a startup using four well known valuation tools. It empowers investors to check the valuation of a startup and avoid overpaying and hurting their possible investment returns. It also brings some simple rigor to the often dark arts of startup investing and valuations. You can find this resource HERE.
Every month we see hundreds of startups here at CapitalPitch, and I can’t help but notice how few founders truly understand the importance of Term sheets to their business. In response to this, we felt it was necessary to simplify and explain the intricacies of a typical term sheet from an early stage venture capitalist.
As an entrepreneur looking for startup capital and advice, it's a good idea to stay connected to as many experts as possible. One way to ensure you have a good handle on all of the venture capital opportunities available to you is to keep up-to-date with angel investor culture. Reading angel investor blogs is a great way to do this, while also gaining valuable new business insights that can help your startup succeed.