A Big Mistake!

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  • September 24, 2009

    Nice pitch!

    I’d be happy to work with you.

    Cheers John

  • Terri Morgan
    September 24, 2009

    Nice video post but the volume was a bit low – very hard to hear even with my sound controls at max.

    Your explanation is good… that you are someone who has been through it before, and made mistakes that others can learn from. The perspective is appreciated. Sometimes knowing what went wrong is more important than knowing what went right.

    But… the word “guru” in the common sense means “teacher” — someone who is willing and able to help others. So I would say that yes, you are a guru.

    Are there those with more experience and knowledge? Yes. That will always be true no matter what the discipline or topic. Don’t diminish the work you have done. It is valuable and should be regarded as such.

  • September 24, 2009

    Andrew

    Don’t sell yourself short. Like John Evans posted in his comment, being a teacher [in your case] is based on the school of hard knocks. Also, don’t confuse those in the “fund raising business” with those who know how to raise funds.

    By that I mean, there are lots of people who will host seminars and take fees to review business plans, but how many have actually funded at least one, if not more, companies? Like you, I have raised funds for startups and have been unsuccessful raising funds for others. The one thing that is consistent is that each experience was different! If you have developed a set of tools to help entreprenuers ask the right questions of themselves [as they develop their business plan], position the product/service so it has a value prop – a compelling and believeable value prop, and financials to back it up, then you are truly a “Guru.”

    I like the name and I would like to learn more about what your plans are for this site.

  • September 24, 2009

    I thought it was kind of a weird mea culpa. The term “guru” has been so abused in the business context that it is meaningless. That’s not your fault. Your big mistake was just a failure of imagination. You are kind of screwed now because you’re are branded with the moniker. The only way you can change it now is to change it to something like “the apologetic funding guru” or “the funding guru (not)” or “the amateur funding guru” or “the funding guru who is not a professional like those other funding gurus.”

    Ultimately though, you are the “funding guru” who has successfully branded himself as the funding guru — if being number one in google search results for “funding guru” is any measure of brand penetration.

    I think it kind of sucks that I’m just getting a 1-in-10 “chance” of trying your tools. Don’t I get any credit for being the third to respond? Don’t I get any extra credit for taking so much time with this silly ploy to generate comments? Won’t you feel silly if you get less than 10 comments?

    I guess you can count me in, but if your tools cost me more in time and effort than the money raised, well, I’ll sure squawk.

  • September 24, 2009

    What are you trying to achieve with vlog?

    The title was certainly effective in getting me to watch you was that the intent?

    The content however was vaguely irritating why?

    Are you really setting out to assist people to deal with VC’s?

    Or is this part of a wider agenda to generate PR?

  • September 25, 2009

    Big up Advisor Garage and Andrew Ive! Nice shirt, by th’ way. You’re a style guru.

  • September 25, 2009

    VCs are in the business of minimizing their risk. Thus the best way to raise money is to make it appear as low risk as possible.

    Thus one has to make enough presentations to hit the VC who can see low risk high return to invest in your venture. Qualify the VC. Don’t waste your time talking to the wrong ones.

    Typically it takes 30-50 presentations to even get an investment. One may be better of spending that time in R&D.

    Learning from the above, I self-fund my latest company which I chose to require minimum investment to get to pilot production. I don’t live in the Peninsular. That saved me about 50 days, more than enough time for me to develop the “system” I’m commercializing sans VCs. I indeed spent more time sourcing components than designing the “system”

    On the other hand I hired a CEO for my other “bigger system” business and he couldn’t really really raise money while claiming to be an angel investor himself.

    That’s my experience. I could claim to be a funding guru after all that. It’s mostly chemistry with the VCs, and chemistry between founders. Pooling resources is probably the best way to start.

    Re. the Video, elimination of whisker words would help. Condense your speech to 3-5 minutes.

  • Fahad Khan
    September 26, 2009

    Hey its not too bad…you should definitely focus on going forward.

    How about “The Funding Fundamentals Guru”?

    Good Luck on your projects!

    -Khan

  • October 23, 2009

    Andrew,

    The other comments about being a guru are good. I decided to look the term up. Here are a couple definitions that likely fit:

    A trusted counselor and adviser; a mentor.

    An acknowledged and influential advocate, as of a movement or idea

    Personally, your twitter handle lured me to learn more about you. I would say the guru title fits.

    As far as a title for the series, how about something like “You have an idea. Now what?” Maybe not as catchy as the ideas you suggested, though.

    Cheers,

    Jon Speer

  • November 23, 2009

    I would like to be one of the Beta candidates for your bootcamp tools.

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