Funding and Building your Business

7. The Spare Time Test

Networking as a Money Saver

1. Pitch everyone your idea

To bring real money and credibility to your company, and help you avoid costly mistakes in development and strategy, a first-class Advisory Board is a small investment.

A federal appeals court is issuing a clear warning to employees: Violate your employer’s computer-use policy and be fired.

"One of the big challenges startups have is, how do you build a board?"

But remember that "dancing with the wolves" can also get you eaten for lunch.

"Our research at the Kauffman Foundation shows that not only are jobs created by new companies, but that the average age of a successful entrepreneur is around 40. This supports ACTiVATE’s focus on helping mid-career women start growth-oriented companies."

The board members don’t have daily responsibilities. They primarily act as brand ambassadors and offer the co-founders opinions, advice, and ideas. "It feels completely different than an internship," says Bordin. "You feel more involved, more rewarded."

All teams had all accomplished something remarkable, but it won’t be clear what a singular achievement this was until we see their final presentations.

Stay tuned for the last post–the Final Presentations and Lessons Learned.