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Barry Moltz writing in Angel Investor News has some good sugestions about what to include and what not to say in your business plan when you’re trying to get funding. One of his first suggestions is to not use jargon and cliches. For instance, don’t say: “This business makes mechanical gasoline fueled devices used for […]

This week’s Carnival of the Capitalists is up at The RFID Weblog. Next week, the carnival is here, so Send your entries to capitalists -at- elhide -dot- com.

Brad Feld: “Should a startup or small entrepreneurial company have a board of directors? I say, emphatically, YES!”

Jay Dwivedi: Develop in-house capabilities:  If you are a business already active in some aspects of security, it is much better to add other capabilities.  You can leverage your existing brand and relationships to compete for homeland security related projects. Acquire capabilities:  In my opinion, this is the preferred route if you are new to

Just saw this on the Fox News Channel: “Jeopardy!” contestant Ken Jennings’ total winnings after 30 appearances on the show: $1,004,960 Approximately how much of that will be taken out for taxes: $330,000 That means that for one out of every three games he’s really playing for Uncle Sam. Ouch.

Startup Skills: “Small one and two-man companies often get cocky and will talk back to customers. It’s a huge mistake. Your biggest critics are engaged in your company, and assuming they aren’t actually your competitors, they can often be turned into your most loyal customers… if you give them reason to believe in you.”

Sydney Johnston: “It seems logical that a business so easily created ought to be easily successful. But it isn’t. I receive constant email from folks who’ve bought a $29.95 ebook or a $49.95 piece of software and can’t understand why they aren’t rich yet. This total misunderstanding results in massive pain, disillusion and bitterness. Because

About.com: Explore your network: distant relatives, friends of the family, former bosses or professors, people you meet through professional associations or networking groups, or even online social networks. Who do you admire and respect? Who has already been a role model for you? Is there someone who has already been helpful to you on a

Starting It: “Have you ever noticed that vacuum cleaner companies and cutlery companies (as well as many other industries) often hire kids right out of school to sell their products? Why? Well, they know that even if the individual isn’t any good at sales, they will sell at least a couple of vacuum cleaners –