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Business Technology Lesson Plan
Due Diligence and Safety Nets
Author: William Cate
If you're an Angel Investor, you're an endangered species. You live in a high-risk environment. Many of your predecessors failed to take even the minimum safety precautions to ensure their survival. They didn't survive. If you follow their unwise investment policies, your bank balance is at serious and predictable risk.
An entrepreneur, without a business plan, shouldn't be taken seriously. If you invest in a business without a critical review of the company's business plan, you should expect to lose your money. The company's business plan is its roadmap to business success. If the roadmap is vague, success is very unlikely. Cashflow charts are to be ignored. You should expect that a successful business plan will...
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