Posts Tagged ‘Janine de Nysschen’
Why Men Get VC Money and Women Don’t….and How that is Changing
If you’ve ever made a pitch for funding from a venture capitalist, you’ll know all about the laundry list of must-have financials and projections that you have to prepare – and if you’re smart, you’ll also know everything you do has to follow the venture capitalists golden rule: He who has the gold makes the rules!
Not surprisingly, this should prompt you to want to know more about how VCs make choices about spending their gold. Sure, you’ll read all the well-intentioned advice in the world about how to woo a potential VC with a clear, crisp pitch that shows the brilliance of your business idea and its likelihood of making them millions. Then you watch an episode of Dragon’s Den or Shark Tank, and you soon discover that nine times out of ten, the men behind the money table respond less to the business idea than they do to the person pitching it.
Mr. Edison, Please Tell Me What Laboratory Rules You Want Me to Observe?
A good friend of mine once sat down to lunch with Stephen Covey and a group of fellow executives. During the course of the meal, one of the men commented on the unusual tablespoons, and said “Look at the backend of it.” All the people at the table flipped their spoons over, but my friend – quite unintentionally – angled it up so he could look at the bottom tip of it. Laughter ensued. But Covey raised a hand and pointed out that my friend’s actions suggested something interesting in his behavior: the ability to look at the world in an unexpected way. So I guess it’s not surprising to hear my friend is one of the most innovative entrepreneurs I know, as well as a successful millionaire who has transformed the industry he is in.
The Fundamental Choices and Right Questions for Entrepreneurs
After over a year of working with a variety of clients – individuals and companies – I have realized there are two crucial factors that determine long-term success: the choices we make now and the questions we ask about our future.
