Among investors themselves, there is no clear understanding of what should be considered an investment and what should not. For example, some believe that buying and reselling assets is speculation, not investing. Some also believe that loans cannot be considered investments.
Personally, I disagree with these opinions.
Let me remind you that, in the classical sense, investment is any placement …
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Some startup founders don’t understand what meaningful messages they need to convey in their presentations to different audiences.
For example, if you’re presenting your project to a government agency: the city administration, or ministry, you should emphasize the project’s governmental and social significance, for example, indicate how many jobs are planned to be created, how much tax revenue will be …
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Recently, I parted ways with a partner. I realized that our approaches to business and life principles didn’t align. The thing is, he’s an entrepreneur in a narrow business sphere. And recently, he got a strong competitor who started “eating up” the market share from my acquaintance by offering better service and a wider range of products.
So, my acquaintance …
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Recently, a startup founder approached me asking for help in setting the price for his product. The thing is, many IT products are introduced to the market for the first time, especially by startups, and sometimes the founders themselves are lost and don’t know what price to offer to their first customers. The cost of such a product can vary. …
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Some people have a consumerist mindset and attitude towards money. They dream of getting rich quickly and buying a huge villa, and an expensive car, and lounging on the beach all day sipping cocktails. These are the extent of their dreams. This is their happiness.
Then there are people with a creative mindset. Money for them is not an end …
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Why does the entourage of an authoritarian leader eventually turn into flatterers and sycophants? Why does this process develop in a geometric progression?
It’s very simple.
In an authoritarian society, the head of state is the sole source of power. Not the people, but him alone. He distributes all goods: high government positions, financial flows in national companies, and natural …
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More than once in my practice I have encountered such a situation when an investor, in principle, likes the idea of a startup and the team, but he does not have enough money to finance the entire required amount or he would like to share the risks with other investors.
What should I do?
For such cases, a conditional financing …
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A craftsman is a person who personally creates value with their own hands.
For example, a shoemaker who repairs customers ‘ shoes himself is a craftsman. Or a programmer who writes programs himself is a craftsman.
An entrepreneur is a person who organizes the process of creating value.
For example, a shoemaker who decided to expand his business, hired several …
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I periodically publish news about investing in another startup. Many of my colleagues, investors, and surely startup founders often have questions like: “How are investment decisions made? How thoroughly are startups analyzed? What is the procedure for review and decision-making?” I believe these questions are of interest to many, so I’ve decided to openly share how we operate.
Firstly, all …
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Among my former colleagues, government officials, there are many people who perform their duties conscientiously. In their service they think only about the public interests. I call them “state-minded people”. I treasure the friendship and respect of such people.
Also, there are other officials who see civil service as a source of …
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