So often when folks ask me for advice on business they mention they want to get funding from a Venture Capitalist who specializes in funding projects in a certain industry. I then say; So You Want Venture Capital Do You? Are you totally sure about this? I mean they do often call venture capitalists; Vulture Capitalists right. And one would think there is a reason for all this labeling, libeling and name-calling. Indeed there is.
Venture Capitalists often do business quite a bit differently than you might imagine and they are serious about how they do it. They have the money, you and they both know it. You need and both you and they know that too. There are hundreds of other deals better than yours out there and they know it and you should too. Of course as an entrepreneur you are probably in love with your idea and may I make a statement now.
If you are truly in love with your idea and you want to do this the rest of your life then you are probably barking up the wrong tree with looking into getting Venture Capitalists involved in the financing of your project, business and plan. You see they want in and want out and they are looking at 36 months tops, max of 48 and that is if you are producing numbers and supporting yourself at that point. Consider all this in 2006.
