Archive | July, 2011

31 July 2011 7 Comments

Does a Real Estate Agent absolutely need a car?

I want to get into the real estate business but I do not have a car– is this an impossible prospect? I do not necessarily have the funds to buy a car, even a cheap used one, as I just graduated from undergrad, but I know I would be a very good agent.

Theoretically I could bike where I needed to, but winter is very harsh where I live and it is coming soon. On top of this, I know you need to pay a decent chunk as startup before you can get your first check from selling a house. What can I possibly do to manage all this?

31 July 2011 0 Comments

Meet Angel Investors and Amazing Entrepreneurs @ Angel Capital Summit


angelcapitalsummit.org The Angel Capital Summit on Nov. 17th in Denver, CO is the largest, most effective investor fair in the US You can apply to present, register to attend or just get involved @ http We’re looking forward to seeing you there! angel and venture capital, angel…

29 July 2011 0 Comments

Measuring a Venture Capitalist’s Success – Mark Suster (Serial Entrepreneur)


Which metrics indicate whether a venture capitalist is performing well? It’s more than simple ROI. Venture capitalist Mark Suster speaks of the three career phases to examine: 1) Building a pipeline of deals, 2) Nurturing your portfolio companies, and 3) Harvesting investments and obtaining exits. He states that success in venture capital takes about a decade to determine.

29 July 2011 2 Comments

Want a future in business, where can I learn?

I am 20 years old, and I see myself as an entrepreneur in the future. However, I understand that the road ahead of me may be a long, and very risky one, and I would like to be as prepared as possible.

What resources can I use to inform myself and learn about items like:
– Business growth strategies
– Exit strategies
– Negotiating contracts
– Partnering and how investing works (legally)
– Mistakes that big companies have made, and how to avoid them.

Thank you very much in advance :D

29 July 2011 3 Comments

If I owe debt under my C Corporation can they come after my personal assets?

Our company is a startup, about 3 months into operation, but are already swimming in about $22,000 of debit ( $10,000 loan, and $12,000 credit card ), the problem being we made a few costly mistakes in the beginning, and thus here we are today.

My main full time job, is cutting payroll by almost 50%, so instead of making $1400 – 1500 a month, now its less than $900. I cannot pay my current debts off. I’m already enrolled into a personal debt collection management program.

*** Here is my question ***
1. As a C-Corporation am I personally protected from the business debt? Meaning if say the business owes X amount of dollars, they cannot harass me or try to take my car or house or w/e to pay off the funds.

2. How do I go about explaining to them? Should I file for chapter 11 bankruptcy.. but at the same time I’d like to save the company somehow, I just can’t pay off this debt.

Any help would be very much appreciated.

Thank you!

29 July 2011 0 Comments

Angel Investor Chronicles (Xtranormal trial)


My first go with Xtranormal. It’s pretty cool but a little quirky. The preview system could use some improvement; it doesn’t highlight issues that are only visible upon final render (for which you are charged). I don’t even know if the weird camera placement is something I can change. The skit was inspired by a story I read on HN about female entrepreneurs.

29 July 2011 1 Comment

What is an angel investor?

How does this scenario work? what do they get in return? how do i find one to help me? are they allowed to help with a franchise startup?

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28 July 2011 0 Comments

Unique Solutions Announces New Investment; Rollout of Body Scanning Kiosks Across North America

View full post on Venture Capital Access Online: Latest Venture Capital and Private Equity News

27 July 2011 2 Comments

How do I determine the valuation of a second location for my restaurant with new investors?

We are opening a second location for our restaurant and have been advised to open it under a new corporate entity. Today our current location is owned by our S Corp. We would most likely setup a second S Corp for the new location. We plan to have additional partners for the new location/company. Since those investors will only be investing in the new company and not the existing location, how do we value the concept/brand/idea to determine what ownership percentage to give each partner/investor?

Two partners both own 50% of the current location. If neither of the current partners are going to put in funds (other than securing a loan for the corporation) for company 2, but the investors will be buying into the concept to help fund the build out of company 2, where do we start? Do we value the proven concept and brand and then take the pct of that that is the investors contributions?

So if we say the brand is worth 100k, we will be borrowing 100k and we will take another 50k in investment from new partners. Total startup capital needed is 150k. Does that mean the two existing partners of company 1 own each 33% and the new investor owns 33%?

All in generalities, but any advice would help a ton. I am also working with an accountant but I wanted to get the advice of the business community. Thanks!

27 July 2011 0 Comments

Pitch Club Melbourne June 2009 – Angel Investor: Danny Davis

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