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Our government is spending around 50% of the gross revenue of the country. The real national debt, including the costs of social security, Medicare and Medicaid, is now at $217 trillion in unfunded liabilities. Not the $36 trillion congress pretends is the "debt". The books are cooked. See https://usdebtclock.org/ on the bottom right. This is $644,000 in debt for every citizen (man, woman, child and retired person) in the USA. And $1.569 million for each working taxpayer. When are you paying off yours? How might you help stop an out of control government from spending? *Government spending shown here is ChatGPT's estimate...

Very hard, maybe 1 in 400 deals VC looks at will become a closed deal that they invest in.  Most go in the circular file. More than 90% of companies never get any outside investors of any kind.  This does not include bank loans based on assets and cash-flow which is much easier to get because the banks (not investors really, they are lenders) have security and do not take risks like early-stage investors. Click here to get this Financial Package Although revenue is helpful, and opens many more options, it is not required by angel investors. Most VCs require...

1. Thinking it is easy. It will typically take 3–6 months of full-time effort. 80% will fail. 2. That the “Idea” is worth something. It is not worth $0 because anyone can copy an idea and do better at marketing, sales, product development or just dump capital on that idea   3. Thinking VCs are the best source, they are the worst for 90% of businesses. They finance at most 1 in 200 plans and represent a tiny percentage of business financing. A narrow niche of rapid growth, technology based companies mainly. 4. A company has value on day #1. It does not!  Value and pre-money...

Why You Always Need An Experienced CEO Involved At Some Level Would you walk into a legal trial without an experienced attorney to represent you? Would you let a new medical school graduate perform their first brain surgery on you alone? Of course not!? However, many entrepreneurs who start a company print “President” on the door and do just that. They tackle huge new problems without any experience as a CEO in one of the most complex, expensive, and risky things they will ever do! So they think they save money, but they often drive their risk up 1,000% and...

Start-up and emerging companies should be prepared for the significant amount of due diligence that a venture capital investor and its counsel may require before consummating a venture capital financing. Even angels are requiring many of these things to be under control today at earlier development stages. The following is a sample Due Diligence Checklist, which acts as a compliance request to the Company of all relevant documents and information. In appropriate circumstances, some listed items can be scaled back. Corporate Documents of the Company and Subsidiaries Articles of Incorporation and all amendments thereto.Bylaws and all amendments thereto.Minutes of all...