Investing in early startups poses inherent risks. So as a first time angel investor, what do you need to consider in order to mitigate these?
Posts Tagged: Entrepreneur
Attracting those with innovative ideas to set up and drive their idea through to implementation in Australia is just one piece of the puzzle. What are the other challenges fast growing start-ups face in cultivating the right infrastructure and processes to support growth?
Have a focus – a common pitfall of foreign investors is getting carried away and investing in too many things. Too many things lead to white elephants, frustration from the investor and loss of money for the investor and the community.
As an advisor to small business owners, I have often worked with very successful people who seem to have it all together and then there are some who could have taken a strategic step back before plunging into their own business. Here are the top insights I give my clients who come to me looking…
“These experts are all senior respected leaders in their fields, and will deliver a tangible difference to participant businesses”
Seedstars World is coming to Sydney and we’re front and centre! I’m delighted to share that Deloitte Private will be partnering with Seedstars World – the Geneva based exclusive start up competition for emerging markets and fast-growing start up scenes as well as one of the fastest-growing networks for tech entrepreneurs in the world.
Andre Eikmeier, co-founder of Vinomofo – the 2013 Deloitte Tech Fast 50 winner, talks to Deloitte Private about what makes Vinomofo such a successful and innovative company, and how the Deloitte Tech Fast 50 helped his company rise to the top.
“For entrepreneurs, having access to real-time financial information is absolutely vital”
“the win was a game-changer for his business. Not only did it help with the tangible benefits of PR exposure and an overnight boost to his membership base, but it validated the team’s hard work and commitment.”
“We were just waiting to be told that we couldn’t do it, but everyone was positive and doors opened for us. We were quickly at a point where building the business was becoming more than a full time job”