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Startup Funding Espresso – Delusions in the Early-Stage Startup
Delusions in the Early-Stage Startup Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. The early-stage startup has its own set of delusions founders must overcome. Here's a list of delusions to watch for: Everyone else is a professional but not the founder. The reality is that the founder has the opportunity to build a great business just like anyone else. Financial projections are always wrong. The mistake is believing they are right. The purpose of a financial plan is to start the process of modeling out the business. This…
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