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Five lessons experienced entrepreneurs have learned

There’s certainly no shortage of successful young entrepreneurs in business today. We hear daily of fast growing startups from New York City to Silicon Valley, headed by CEOs such as Mark Zuckerberg, Andrew Mason and Tim O’Shaughnessy. These creative minds have demonstrated the power of youthful tenacity and innovation, combined with a sharp eye for business.

Yet, in 2010, entrepreneurs aged 35 to 54 were responsible for over 50 percent of total new entrepreneurship activity in the U.S, according to the . Individuals aged 55 to 64 also made their mark, representing 22.9 percent of new entrepreneurs in 2010, compared
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8 ways to get automatically rejected by an angel investor

I’ve started three companies, and now I’m an angel investor. So I’ve been on both sides of the table. There are lots of good articles out there about pitching, and surely everyone who pitches me has read some of them. Still, a few problems appear over and over again. If you’ve ever had to sort through resumes and cover letters, you’ve seen this effect: People tend to have the same misconceptions and therefore make the same mistakes.
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10 lessons from a failed startup — VentureBeat

A year and a half ago, my co-founder Dev Nag and I started an internet TV network for games called PlayCafe. Our ambitious plan was to run highly int
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We’re All Entrepreneurs

My advice for young people from the West who are just entering the workforce is simple:
* It is tough out there, and it’s only going to get tougher
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Top Legal Mistakes Made by Founders of Early Stage Companies

While technology has made forming a corporation less expensive and less timeconsuming, doing it right remains critical. This article discusses common
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Don’t Raise Money : Colorado Startups

Sometimes it makes more sense not to raise money from venture capitalists. I ask entrepreneurs all the time, “Are you sure you want to raise money?”
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7 Teeth-Gnashing Mistakes I Made as an Entrepreneur

Like many new young entrepreneurs, three years ago I thought I was pretty hot stuff. I had a few employees, raised some angel money… and then proce
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Top Ten Legal Mistakes Made by Entrepreneurs — HBS Working Knowledge

To prepare current students for the Harvard Business School Business Plan Contest, associate professor Connie Bagley gives a seminar in which she sha
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Top 10 Mistakes By Entrepreneurs — Xconomy

What are the top 10 mistakes made by entrepreneurs in starting and growing companies? This panel pontificates:

Rick Andrews, President and CEO, Th
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21 Fundraising Pitfalls to Avoid: Why Business Plans Don’t Get Funded! — Advisor Garage

Your business plan is very often the first impression potential investors get about your venture. But even if you have a great product, team, and cus
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