Comments on: 10 Entrepreneurship Lessons Venture Capitalist Nicholas Chan Taught Me [Part 1] http://www.wayneliew.com/10-entrepreneurship-lessons-venture-capitalist-nicholas-chan-1/ Small Business Advice and Entrepreneurship Blog by Wayne Liew Fri, 10 Sep 2010 01:37:00 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Wayne Liew http://www.wayneliew.com/10-entrepreneurship-lessons-venture-capitalist-nicholas-chan-1/#comment-30059 Wayne Liew Tue, 04 Aug 2009 09:41:22 +0000 http://www.wayneliew.com/?p=848#comment-30059 So far I have been bootstrapping since what I do currently doesn't require a lot of capital. Never went out and start pitching potential investors yet. However, for my latest startup idea, I have plans to do so. I think it's all about suiting your idea to their risk appetite. If you want to really have their money, then solve the problems and find answers to their questions. Anyway, I'm sure I'll have more to share after going through it myself. :) So far I have been bootstrapping since what I do currently doesn’t require a lot of capital. Never went out and start pitching potential investors yet. However, for my latest startup idea, I have plans to do so. I think it’s all about suiting your idea to their risk appetite. If you want to really have their money, then solve the problems and find answers to their questions. Anyway, I’m sure I’ll have more to share after going through it myself. :)

]]> By: Tolu http://www.wayneliew.com/10-entrepreneurship-lessons-venture-capitalist-nicholas-chan-1/#comment-30056 Tolu Tue, 04 Aug 2009 05:01:19 +0000 http://www.wayneliew.com/?p=848#comment-30056 Great post Wayne. I still find it almost impossible however for new entrepreneurs to secure any sort of funding from VCs as they are always more focused or inclined as the case may be to investing in "more established/less risky" ventures. what's your opinion? Personally I have been bootstrapping my startup and keep doing it until I need the external funds. Great post Wayne. I still find it almost impossible however for new entrepreneurs to secure any sort of funding from VCs as they are always more focused or inclined as the case may be to investing in “more established/less risky” ventures. what’s your opinion? Personally I have been bootstrapping my startup and keep doing it until I need the external funds.

]]> By: Wayne Liew http://www.wayneliew.com/10-entrepreneurship-lessons-venture-capitalist-nicholas-chan-1/#comment-30017 Wayne Liew Wed, 22 Jul 2009 23:53:07 +0000 http://www.wayneliew.com/?p=848#comment-30017 I would say finding the balance between jumping onto new things as well as keeping the current efforts going is crucial. Sometimes, people pays too much attention to the latest new shiny object and swayed away from the definite major purpose of their startup. I would say finding the balance between jumping onto new things as well as keeping the current efforts going is crucial. Sometimes, people pays too much attention to the latest new shiny object and swayed away from the definite major purpose of their startup.

]]> By: Matt http://www.wayneliew.com/10-entrepreneurship-lessons-venture-capitalist-nicholas-chan-1/#comment-30016 Matt Wed, 22 Jul 2009 19:44:06 +0000 http://www.wayneliew.com/?p=848#comment-30016 Insightful tips from Nicholas Chan. Dedication and taking criticism are both extremely important, for sure. People need to try the newest things for marketing these days, staying on top of social media with sites like YouTube and AdWido. Insightful tips from Nicholas Chan. Dedication and taking criticism are both extremely important, for sure. People need to try the newest things for marketing these days, staying on top of social media with sites like YouTube and AdWido.

]]> By: April Kearney http://www.wayneliew.com/10-entrepreneurship-lessons-venture-capitalist-nicholas-chan-1/#comment-30008 April Kearney Sat, 18 Jul 2009 13:44:11 +0000 http://www.wayneliew.com/?p=848#comment-30008 I enjoyed reading, and completely agree. Nothing replaces hard work and dedication to your venture. I enjoyed reading, and completely agree. Nothing replaces hard work and dedication to your venture.

]]> By: Wayne Liew http://www.wayneliew.com/10-entrepreneurship-lessons-venture-capitalist-nicholas-chan-1/#comment-30007 Wayne Liew Sat, 18 Jul 2009 01:40:13 +0000 http://www.wayneliew.com/?p=848#comment-30007 Personally, I haven't done a lot of research into MLM and what I can say is that it is kinda different from pyramid schemes because it involves selling products to others. Not sure how to put it but there you go, insight from Nicholas Chan, a venture capitalist. ;) Personally, I haven’t done a lot of research into MLM and what I can say is that it is kinda different from pyramid schemes because it involves selling products to others. Not sure how to put it but there you go, insight from Nicholas Chan, a venture capitalist. ;)

]]> By: David King http://www.wayneliew.com/10-entrepreneurship-lessons-venture-capitalist-nicholas-chan-1/#comment-30006 David King Fri, 17 Jul 2009 17:18:27 +0000 http://www.wayneliew.com/?p=848#comment-30006 Great Post Wayne! great insight! I agree that success come's from hard work and determination... although i don't see anything wrong with MLM... a lot of ppl look at mlm as a pyramid scheme because they simply just do not know how to build that type of business because it is 100% sales and most people aren't great salesmen. with time and experience anything can be learned and mastered. Great insight from Nicholas Chan! Thanks so much :) David Great Post Wayne! great insight!

I agree that success come’s from hard work and determination…

although i don’t see anything wrong with MLM…

a lot of ppl look at mlm as a pyramid scheme because they simply just do not know how to build that type of business because it is 100% sales and most people aren’t great salesmen.

with time and experience anything can be learned and mastered.

Great insight from Nicholas Chan! Thanks so much :)

David

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