by Vadim Slavin and Steve Blank
Many entrepreneurs are asking us here at Startup Monthly: "when is the right time to raise the money?". This is a very valid question. Given that it takes around 3-4 months to raise the needed funds for a young startup, founders have a dilemma on their hands. Start raising too late and they are running the risk of running out of steam. Start raising too early and the risk is that investor will be more skeptical and will ask for more in return.
Another good question is "why should I raise money from investors?".
By Yuri Rabinovich
Since December, 2010 (when Yuri decided to help entrepreneurs around the world to work only on VIABLE STARTUP IDEAS), we staged more than 85 events globally and provided value to thousands of wantrepreneurs (people who want to be entrepreneur) in the offline world. While providing value to our offline communities, we invested a lot of efforts to provide valuable content to our members in the online world - www.startupmonthly.org
Tools, Resources, Blog and more
Currently we power and update more than 15,000 subscribers through our Newsletter and our Social Media channels (SUBSCRIBE HERE)
How can you join www.StartupMonthly.org ecosystem? We operate Facebook groups and pages, Twitter accounts, Linkedin group, Meetup groups, help our partners with media partnership and update our ecosystem with the best of the best in Startup Ecosystem events, best practices and methodology how to accelerate your startup company to a scalable repeatable business model.
Join us and 1000+ guests on July 19th in San Francisco to celebrate another major milestone for Startup Ecosystem :)
We start our operations in New York City on July 25th and start providing help to NYC Startup Ecosystem. Don't miss this awesome Startup Party in NY!!!
Want to volunteer and help StartupMonthly Ecosystem? Stage events, workshops, hackathons and become startup connector in an accelerated way. Change the world with us - Join our Ambassadors Group
by Ashley Vanni
Ashley Nicolei attended Startup Social with Startup Monthly last Thursday night at SupperclubSF. Growing up in Silicon Valley, Ashley has always had an appreciation for technology, development, innovative ideas, and orchestrators. When she caught wind of the startup social being held at San Francisco's very own Supperclub, the savvy little writer knew she had to attend.
Successful startups, as they say, do not exist in a vacuum. Oftentimes, a mere idea is transformed into a multi-million dollar startup venture through the simple act of networking. It is Startup Social’s mission to create events that foster this environment of innovation. On Friday, April 12, we hosted our largest event yet, attracting over 1000 entrepreneurs, investors and other professionals.
Set on the water, against the backdrop of the stunning Bay Bridge lights, One Ferry Plaza was the ideal location for this networking social, which featured a products showcase, full-bar, dance floor with DJs and more. The event kicked off with the Startup Showcase, where a selection of handpicked companies presented their products to potential investors and consumers alike, generating valuable feedback and forging lasting partnerships.
By Vadim Slavin
These tips are applicable for networking whenever you are trying to engage your partner and form an important immediate connection as a foundation of a future follow up.
I recently read a post by Fred Kofman, a professor of leadership and coaching, titled “7 Steps to Prove That You Are Listening”. It was addressing men, husbands, fathers suggesting how to open up the channel of communications with their wives, daughters, significant others. What was interesting is that I realized this was the intent only after getting to the end of the post. I read the whole thing with the impression that the tips were for effective networking for anyone.
Read more at http://www.women2.com/effective-networking-by-learning-to-listen
by Vadim Slavin
As promised in my last blog entry, I'd like to address the topic of efficient networking and bringing to a close stale conversations. I called it "Knowing your No's".
You've been there, I am sure of it. You're talking to someone new at a networking event. You are eager to identify the threads that connect you only to discover that the two of you have nothing in common. Furthermore, you are sure you cannot bring value to each other and any further interaction is simply a lost opportunity to connect with someone else. We're talking about efficiency here! Worse yet, you have probably been on the other side of that handshake oblivious to the fact that your partner is trying to shake you off.
Once in a while StartupMonthly will feature guest bloggers who will share with us their wisdom, experience, and inspiration. Here is a little post by the new addition to Silicon Valley - Val Dobrushkin. He offers the following impressions of Silicon Valley as a recent outsider.
I landed in San Francisco International Airport on Saturday. Today is already Friday. A full week of living in Silicon Valley, not as a visitor, but as a local. It feels amazing!
by Vadim Slavin
Welcome back, readers, to the StartupMonthly Blog. It's a new year, new beginning, new resolutions to keep and to procrastinate on. One such resolution of mine is to keep this blog current. There is so much to share with our community, so many lessons learned, so many ideas for how to help our growing ecosystem.
Here is what to expect in this Blog in 2013. I will be sharing the ecosystem news from around the world where StartupMonthly is active. Currently it is Russia, Lithuania, Ukraine, Israel, USA, UK and the list is growing. Secondly, I will be sharing our lessons learned on running our accelerator. I will report back on what we, at StartupMonthly, are learning from our own mentors and advisers. And lastly, I will be giving away insights on how to get your next idea funded. Phew. Let's hope someone will be reading this.
"A mind that is stretched to a new idea never returns to its original dimension."- Oliver Wendell Holmes
Let's get our minds stretched in 2013, let's get pumped to achieve what we set out to achieve, and let's be accountable for our own actions towards our own dreams - it's the only way to go. Happy New Year and see you all soon!
Smart$Money is a unique program which informes, educates and prepares foreign business angels and VCs for their future investments in IT startups. Smart$Money enables them to exchange knowledge and experience as well as share, inspire and connect with each other.
Program moderator Pemo Theodore and Startup Monthly team made it a reality.
40+ participants, keynotes, and panelists (among them Steve Blank, Robert Scoble, Buddy L. Arnheim, Christine Herron, Jeff Pulver, Bill Reichert, Greg Kidd, Brant Cooper and more key players in Venture Capital ecosystem) learned about foreign and domestic angel and VC investments, deal-structure, market trends, and the Silicon Valley ecosystem. The participants got connected to leading investors in Silicon Valley, visited successful startups, and got acquainted with various accelerator programs. During the 4-day program, participants visited Facebook, Microsoft, Stanford University and other Silicon Valley companies' offices. Agenda also included keynotes, roundtable discussions, networking events and pitch sessions (5 companies from Startup Monthly Accelerator presented their products to investors).
Each day had special keynotes, themes, mentors and speakers: Ecosystem Day, Angels Day, VCs Day, Investment Day.
Press about Smart$Money
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On November 13 Palo Alto's Patio saw one of the biggest Happy Hour event organized by StartupMonthly!
More than 250 ambitious entrepreneurs, investors and startups got together to mingle, pitch and discuss future business opportunities on a Tuesday (!!!) night.
BIG special thanks goes to our sponsor Roger Royse.
Download a free copy of his book "Dead on Arrival: How to Avoid the Legal Mistakes That Could Kill Your Startup"
Another big thank you goes out to Softlayer for co-sponsoring this event which enabled StartupMonthly to provide free beer and appetizers to attendees.
And finally, a big thank you to all attendees for coming: we will see you soon at the next Startup Social Party, December 7 in San Francisco! More info here!
Startup Monthly Team includes Software Architects, UX Designers, Legal, Financial, Lean Startup experts, Serial Entrepreneurs and Industry experts