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Book Reflection 6: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection Six In Chapters 9 and 10, Rao touches on two more strategies that finance-smart entrepreneurs use: grow with angels you can control and seek non-VC VCs first. To grow with angels you can control, you may need to take less funding initially and keep...
Book Reflection 1: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection one: Want to become an entrepreneur that succeeds in the value of their business becoming a billion dollars, while remaining in control of their business? Then follow the advice from Dileep Rao in Finance Secrets of Billion-Dollar Entrepreneurs: Venture...
Book Reflection 10: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection Ten In Chapters 17, 18, and 19, Rao expands on two more strategies that finance-smart entrepreneurs use: pace to lead the industry and adjust to take-off with limited cash. Chapter 19 concluded the book. To lead your industry, in Chapter 17 Rao...
Book Reflection 9: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection Nine In Chapters 15 and 16, Rao expands on two more strategies that finance-smart entrepreneurs use: focus to dominate with less and sell direct to connect with your market. Preceding Chapter 15, Rao describes Billion-Dollar entrepreneurs and the...
Book Reflection 8: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection Eight In Chapters 13 and 14, Rao expands on two more strategies that finance-smart entrepreneurs use: using VC intelligently and developing the right capital structure. To use VCs intelligently, Rao says to do the following: *be in the right emerging...
Book Reflection 7: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection Seven In Chapters 11 and 12, Rao expands on two more strategies that finance-smart entrepreneurs use: seeking scalable debt and choosing smarter instruments. Rao explains that some loans grow with your business as they are automatically refinanced as asset...
Book Reflection 5: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection Five For this reflection, let’s look at two more strategies that Rao says finance-smart entrepreneurs use: channeling equity and using alt-VC first. As Rao mentioned before, 99.9% of entrepreneurs don’t get VC and 80% of those who do get it end up failing,...
Book Reflection 4: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection Four In this reflection, let’s focus on two more strategies that Rao says finance-smart entrepreneurs use: focusing on cash flow till Aha (when a venture’s potential and/or leadership skills are evident) and financing appropriately to the stage. Rao...
Book Reflection 3: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection Three In continuation of Rao’s description of finance-smart entrepreneurs, he explains that they use the following strategies: *prove bottom-up strategies *focus on cash flow till Aha (when a venture’s potential and/or leadership skills are evident)...
Book Reflection 2: Finance Secrets of Billion-Dollar Entrepreneurs: Venture Finance without Venture Capital by Dileep Rao
Reflection Two As mentioned in the previous reflection, one way Rao explains being finance-smart, is to be capital smart. In this reflection, we learn to understand that before seeking capital, Rao says entrepreneurs need to develop capital-smart skills such...