It’s the big day.  You and your partners have prepared your slide deck, you have your executive summary printed, and are ready to share your amazing investment opportunity.  Here are five simple tips that will help to give your presentation an edge on the competition: 1. Tell us what you do within the first 10 seconds. The first words […]

If you’ve read my previous post on unit economics you know how important assumptions are in building a financial model for your business.  However, building assumptions into a financial model requires some strong skills in Excel as well as a deep understanding of the three basic financial statements: Income Statement Cash Flow Statement Balance Sheet The […]

There are certainly more than just seven mistakes that you can make when pitching to investors, but these seven could definitely be the nail in the coffin that prevents you from getting a deal.  An entrepreneur that makes any one of these seven is demonstrating a lack of experience as well as a strong naiveté.  […]

This was me about 10 years ago: Hi, I’m Colleen. I’m an entrepreneurship professor. I listen to ideas all day long and I can’t get enough of them. I dream about my students ideas and wake up with new ideas to tell them. I obsess about it. I sometimes forget to eat when I’m working with student entrepreneurs. I love […]

While most entrepreneurs in the United States tend to start businesses after the age of 35 according to the Kauffman Foundation’s Index Start Up Activity, about 25% of entrepreneurs start businesses earlier.  Some of these entrepreneurs start businesses while they are still in college.  For those of you still in college and wanting to launch […]

No one reads anything other than the first few lines of any article.  I’m willing to bet, you probably won’t finish reading this post. The same goes for business plans. The harsh reality is these days, no investor will read a business plan.  You are lucky if they read more than the first page of your […]

Our semester at Chico State just wrapped up.  As part of my final exam, the students are required to pitch their concepts to a panel of external judges from the community.  We call it “Minnow Tank” because it is set up like the TV series “Shark Tank,” but it isn’t as rough. However, the judging panel […]