Simple Success for Startup Companies
1. Forget about image.
2. Forget about making a splash in the Market.
3. Forget R&D
4. Don’t hire anyone until you can no longer expand your growing business without the potential employee’s help.
5. Get the least expensive quarters you can find…then stay there until your successfully growing business is pushing out the walls. If the quarters aren’t “pretty,” remind yourself of #1 above.
5. Sell your product and use every penny of risk capital to expand your customer base. Making money is your Prime Directive. Once you have consistent revenues, I’d be interested in helping you increase your earnings by taking you public and funding your acquisitions.
The Smart Cowardly Angel’s Viewpoint
1. Never risk money in a startup company. You can’t win.
2. Never loan money to a business. The Risk/Reward Ratio is against the lender.
3. Invest only in public companies. They offer any investor a way to recover their risk capital and leverage their profits.
4. Ensure that your Risk Capital is used to increase company sales by buying related private companies that evolve the company into being a multinational corporation.
While business is risk, there is no reason to justify gambling against the odds. Anyone outside the United States, who has a business investment proposal that might appeal to a smart cowardly Angel, should contact me.