Archive for the Financial Resources Category

Traveling in search of Venture Capital for our Business

Traveling in search of Venture Capital for our Business

At the beginning of the decade of 2000 I created my first major business with several friends from my university. We had a large business idea (at least thought that) and we required a large economic investment. Back then it was too hard to find venture capital

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Good Account Keeping as the Basis for any Successful Organization

Good Account Keeping as the Basis for any Successful Organization

In Colombia, my home country, there is a colloquial phrase that I’ve heard elderly people say. I can translate the phrase as follows: I like my “accounts clear and my chocolate thick”. The first part of this sentence talks about good account keeping and the other one

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Venture Capital Firms making their way into Latin America

Venture Capital Firms making their way into Latin America

Some 10 years ago, maybe a little bit more, I was trying to make my first large entrepreneurship a reality. At that time we analyzed with my business partners, different mechanism to finance the project. Among the options we analyzed, we included a bank loan, government funding,

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Launch of the Mailing List Aceleración.com

Launch of the Mailing List Aceleración.com

A couple weeks ago I told my readers some of the new project we have at An Entrepreneur Blog and Inversiones Gómez Montes S.A.S. for the year 2015. One of the news I announced that day, is that we were going to launch a new mailing list,

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Some advises about Financial Analyses

Some advises about Financial Analyses

When we start a business in a structured way, one of the first activities we perform is a business plan that includes financial analyses. This is a good exercise because it is the starting point in order to analyze various aspects of our firm. However you have

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From Entrepreneur to Investor

From Entrepreneur to Investor

I define myself as an entrepreneur, and have been so, for most than half of my life (currently I’m 32 years old). However I believe I’m just starting to understand and to be an entrepreneur. But I have a very clear mind on what I want to

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The risk of not taking the first step

The risk of not taking the first step

When entrepreneurs are beginning a business, they have one million reasons to do so. These reasons range from a challenge to a new financial opportunity. However, there are also 10 million reasons not to start a new venture. It’s very easy to find these negative reasons and

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Selling a Business Idea to an Investor IV – Post Mortem

Selling a Business Idea to an Investor IV – Post Mortem

Last year we started at An Entrepreneur Blog a series of video post, were we gave advice of how to sell a business idea to an Investor. Throughout this series we dealt with how to prepare for the meeting, going to the meeting and making a follow-up

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Selling a Business Idea to an Investor III – Follow-up

Selling a Business Idea to an Investor III – Follow-up

We have presented our business idea to an investor or group of investors and now we have to do the follow-up. To start, we might have several tasks that the investor left us, such as sending him a copy of the presentation or making a correction. It

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Selling a Business Idea to an Investor II – It’s time!

Selling a Business Idea to an Investor II – It’s time!

A couple weeks ago we started this series where we talk about suggestions to take into account when seeking financial aid from investors. In the first part we talked about the process of preparing yourself and your team for this process, mainly from a mental point of

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