Crowdfunding is a great way to generate startup capital for some companies and ideas, however, not all types of businesses are suited for this type of funding.
Unlike traditional forms of investing like venture capitalism, partnerships, or even bartering, this form of funding is based on a “crowd” of people contributing a smaller per person amount towards a project launch.… Read More
Normally, when money (cash) changes hands at the time of a sale, this is considered a business transaction that has taken place. You’d add this transaction on your monthly financial statement as a part of the revenue for that month. You’d deduct the operating expenses incurred in that same month to determine the net profit.… Read More
This is a video was designed to tell the Nordic Wolf Mead story and hopefully draw interest to our company and crowd-funding campaign. It was important for me to try a video pitch since our target market is more likely to watch a video on our website, or on social media.… Read More
When your in the process of creating a startup company, you begin to realize that even the smallest levels of financial support can help increase your “skin-in-the game” and your success with funding the process.
For this reason, I chose to focus on my Direct Response project as a Crowd-Funding campaign.… Read More
One of the most common fears people share is public speaking. However when prepared, you should be able to recite the words in your sleep. An elevator pitch is a brief speech that is meant to be short enough in duration that you can persuade someone in the amount of time it takes to ride and elevator.… Read More
Mead is now the fastest growing alcohol according to the America Mead Maker’s Association (AMMA). In fact, Bloomberg.com confirms it’s not just for hobbits anymore. In fact, a common perception is that mead is an overly sweet honey-wine only sold at renaissance fairs, or brewed in small batches at home.… Read More
A great investor founder relationship is like the environment creating perfect conditions for a harvest. Without a balance of sun and rain, a harvest will suffer but when the energy is balances all around, the harvest will prosper. A Founder and Investor’s relationships require a similar balance during the early growth of the business.… Read More
Comparisons can be made between a company’s startup phase and how a nonprofit organization expands on its mission. I’ve talked to many nonprofit executive directors (EDs) who say they wish their board members were more involved. Nonprofit board members attend the meetings, review the numbers and have input on future growth, but seldom get elbow deep in running the day-to-day operations.… Read More
As a negotiator, it’s important to understand that you are coming to the table with an offer based on your skills, experience, goals and what you can contribute financially. Of course, the deal is based on you, the investor, wanting to make money on your investments.… Read More