May 2005
Welcome to the inaugural copy of the Team and a Dream
newsletter!
Team and a Dream helps technology entrepreneurs by bringing
executive level experience, proven methods and affordable muscle
to internet, software and other technology startups. This
newsletter will go out to interested parties once every other
month and will give you updates and tips geared towards making
your Team and a Dream more successful.
Skip Shuda, Founder
Show me the money!!!
Do you have what it takes to raise investor money?
Leslie Mitts, Managing Practice Leader at the Wharton SBDC and
Lead Advisor for the Wharton Venture Initiation Program, tells
us that most entrepreneurs coming through her programs are
focused on raising capital, even though there are higher
priorities in many of their businesses. Since fresh dollars
help drive the business engine, this is a natural
entrepreneurial concern.
But are you ready to raise money? Going to investors before
you are really ready can damage your reputation and may
actually hinder future funding efforts.
Team and a Dream uses a unique Fundability Diagnostic to help
companies assess their strengths in four key areas:
Team
- This is the most frequently cited attribute examined by
investors. Many investors will invest in an A-level team and a
B-level product, but not the opposite. Having your Seed Team
nailed is crucial.
Traction
- Showing momentum is a critical element to demonstrating
progress and your ability to execute.
Perceived Pain
- Do people really need your product? Why? Will they need it
in the future?
Product Eco-system
- How does your product fit into existing and emerging
landscapes? Who else is out there and how big will this market
grow?
Find out what you need to succeed and discover your roadmap to
getting there. Click below to read more about getting ready to
raise money and take our
free fundability quiz.
Fundability
basics article and free
self-assessment
Astronauts and Entrepreneurs
One roadblock to growth is your own sense of importance. Take
a lesson from Astronaut on how to give up to gain more. Learn
about the different world views which can help or hinder your
growth as an entrepreneur.
Read the
Astronaut Pitfall
Remedy
Upcoming Venture and Startup Events
At Team and a Dream, we like to keep you up to speed on events
that can assist very early stage technology companies. Events
coming soon include (These and other events are covered in our
blog if you want to visit more details on them):
May 18 - Protecting your IP
May 25 - NJTC Bootcamp for startups
June 14 - EFGP: Guerilla Marketing
You can always get an up to date event list at
http://teamandadream.blogspot.com.
Click here
for more events...
Team and a Dream client HRI wins Grand Prize at PennVention!
Humanistic Robotics, Inc., a member of the Wharton VIP
program, has won the prestigious PennVention competition, a
contest designed to encourage and reward University of
Pennsylvania student inventors and entrepreneurs. HRI designed
a machine that could revolutionize the clean up of landmines
in war-stricken countries.
[FULL STORY]
Team and a Dream helps very early stage technology companies
get to the next level. The firm increases the momentum of
technology startups by filling management and knowledge gaps.
Using experienced, executive-level expertise, template- ready
intellectual property and affordable muscle for execution, the
packaged expertise of Team and a Dream fills startups' gaps in
technology, marketing, sales, operations, staffing and
executive search, and funding.
If you are interested in sponsoring a Team and a Dream
newsletter or web-site, please contact us at:
610-687-9195
or skip@teamandadream.com.
Team and a Dream links...
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