Should You Attempt Venture Capital?

Raising money takes time and in a super competitive and fast growing industry the kind the Venture Capitalists like, time is what you do not have. There is little time in an industry that grows at the speed of thought. Likewise if you spent time finding customers, corporate partners and taking orders or raising money from your vendors you may not need the money anyway.

Of course with those truths aside and if you have not fallen in love with your entrepreneurial baby, you might wish to consider venture capital so you can scream into the future like a lightening bolt. Do I recommend VC funding? Some times, but more often not.

When it is appropriate to UOPM Use Other Peoples Money and when you yourself are in it only to make money on three-five year in and out deal. With three years looking at going public or partnering or being absorbed by a bigger corporate fish, then yes I say go for it and get your butt to the coffee shops in Palo Alto and a have fire storm chat with the VC executives with attention spans of a fly.

If you cannot handle that level of rapid fire discussion, you are not really VC Material anyway and you need to look for other options. Consider all this in 2006.

"Lance Winslow" - Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance in the Online Think Tank and solve the problems of the World; www.WorldThinkTank.net/ Article Source: http://EzineArticles.com/?expert=Lance_Winslow