A venture capitalist invests in 1-3% of the business plans presented to them
As per a survey in 2007 -http://markproffitt.com/2007/02/21/why-do-88-of-ideas-fail-to-make-it-to-market/Research by the U.S. Bureau of Labor Statistics shows that nearly six in ten businesses shut down within the first four years of operation
How will I obtain the resources to grow my business? Through self-funding? Venture financing? Strategic partnerships? Acquisition? How do I identify target investors? What do potential investors in my business want to know? How do I develop and write the business plan? How do I network and present my business to potential investors? How will investors assess the current state of my business and business plan?
That kind of full-throttle approach can cost you. "Entrepreneurs are often so passionate about their ideas, they can lose objectivity," adds Nancy A. Shenker, president of the ONswitch LLC , a full-service marketing firm in Westchester, New York. "Rather than taking the time to thoroughly plan and research, they sometimes plow ahead with execution, only to spend valuable dollars on unfocused or untargeted activities.“"Utilize experts in planning and conducting research sessions," Shenker advises. "They can recommend what type of research is most appropriate, help you develop statistically valid samples and write questionnaires, and provide you with an objective and neutral source of information."
Transcript of "Bvc corporate presentation sep 2010 v2.0"
When it’s time to take a Leap..<br />Lightning Pitch<br />September 2010<br />
Introducing BVC..<br />Born out of a passion to make a difference, BVC intends to..<br />Partner the Entrepreneur in the quest for successful enterprising<br />Provide end-to-end consulting solutions to bridge the gap between an Idea and commercial success<br />Our Mission<br />We are committed to assist budding entrepreneurs succeed in validating, implementing their ideas and subsequently leading the market<br />
The Achilles’ Heel of Entrepreneurs..<br />A whopping 88% of Ideas fail to make it to the market<br />TOP REASONS WHY VENTURES FAIL<br />Misreading the Target Market<br />Passion over-riding Objectivity<br />All Plans & no Planning -> poor Execution<br />Underestimating the Finance Function<br />Business Guidance is a MUST from the IDEATION stage itself to nurture the Idea to its<br />FULL POTENTIAL<br />
Why Venture Consulting?<br />Common mistakes Entrepreneurs make:<br />I have a great Idea – that’s enough to succeed!!<br /> Why do I need to do a market research?<br />I just love & pursue technology – business will follow!<br />& They face some Challenges too:<br />My business is up – But what am I doing wrong? I’m missing something<br />Where do I go from here?<br />Venture Consultant partners with the Entrepreneur to provide the<br /> RIGHT BUSINESS<br />View <br />
Why BVC?<br />Differentiators<br /><ul><li>A Venture by Alumni of IIT Kharagpur, armed with
Advised by veterans in the field of Banking, Legal aspects of Business and Family Business </li></ul>Experience<br /> 7+ Collective years of <br />experience in <br /><ul><li>Business Operations Planning
Marketing your Idea</li></li></ul><li>What We Offer..<br />End-to-end consulting for the Entrepreneur<br />Customized Solutions as per YOUR need<br />Tailor-made solutions for various stages of Enterprising<br />Long-term association to help your business grow<br />Our Current Clientele Include:<br />E-Commerce, IT/ITES & Energy sector <br />Our First clients got from us:<br />
Get in touch with us..<br />Breakthrough Venture ConsultingBangalore, IndiaEmail: firstname.lastname@example.org<br />www.bvc.co.in<br />http://www.facebook.com/profile.php?id=715815002#!/pages/Bangalore-India/Breakthrough-Venture-Consulting/157479184265430?ref=ts<br />http://twitter.com/BreakthroughBVC<br />http://www.linkedin.com/companies/breakthrough-venture-consulting<br />Visit our blog for Entrepreneurs:<br />http://bvcventuregyan.wordpress.com/<br />& We will help your business GROW!!<br />
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