5 Lifelines For Your Startup
June 19, 2009 by strategyman
North was recently quoted dropping some knowledge in the article, 5 Lifelines For You Startup on Entrepreneur.com.
Here’s an excerpt:
Evan Solida was stuck.
Solida, founder of Cerevellum, which sells digital rearview mirrors for bicycles, had posted his business plan on several websites promising to connect him with investors in exchange for a few hundred dollars.
Time passed. Investors never came.
It’s a familiar dilemma for many startup companies: Solida knew he needed help but didn’t know where to find it.
“You almost feel like you’re at a used car dealership,” Solida says “You’ve got all these people who know you’re out there looking for something–in this case, money from investors–and they prey on that.”
Solida eventually found North Venture Partners, a consulting firm that helped him streamline his product offerings, set up an advisory board and take other steps to professionalize his business plan.
North is one of many resources available to startups seeking direction and funding.