Venture Capital Loves Competition 
     

Unfortunately this doesn’t mean that once you have one investor interested in your company that the rest will clamor to commit ever larger amounts of capital on increasingly more favorable terms. What is does mean is that an investor will gain confidence in your idea if you can identify specific competitors and then go on to demonstrate why your business has an advantage over them. Claiming that no-one else can do what you are doing shows lack of research. Further claiming that on-one else can do what you are doing shows lack of research and overconfidence. Homework and realism are much more likely to attract funding.

Other resources

  • How a Business Coach Can Help You and Your Company
    In an increasingly competitive and marketing-driven economy all companies, especially start-ups, are continually looking for opportunities to increase their competitive advantage. Business coaches, professionals that specialize in coaching management to improve all aspects of business planning, marketing and execution, may just provide that advantage. In addition, business coaches can focus on the aspirations of the individuals involved, aiding in the realization of their professional goals and achievement of their full potential within the organization.
    Read more: Business Coach
  • 7 Tips For Obtaining Angel Investor Funding
    If you have a start-up company that is looking for up to $500,000 in financing, your best option is to locate and meet with Angel Investors. Angel Investors are people that invest their own money in start-up companies. Many of them started out the same way, as an entrepreneur with their own start-up company. They like the entrepreneurial spirit and are looking to fund a start-up or two and offer their own business advice and wisdom. Also, their financing terms are less painful that what a venture capital firm would offer and they can usually make a decision in a few weeks on whether or not they will finance your company. Now you know why they are called "Angels".
    Read more: Angel Investor Funding

 

Helps smart entrepreneurs get Funding
 
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