Be careful taking advice on your startup

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Founders generally fall in the category of knowing enough to see an opportunity, but not enough to see the obstacles. Which is normal, as otherwise they wouldn’t start in the first place, but this means that they need to rely on a community of people to get feedback, guidance and to learn from others experiences.

I’ve had a couple of instances of late where entrepreneurs with very viable businesses are told that their idea is not feasible, not scaleable or not worth their while. It normally comes from a VC (or incubator). The advice is not wrong – possibly misplaced – but the one thing you need to be very aware of is the motivations and perspectives of the person giving you advice.
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Funding Secrets Series: Types of Funding

I spoke recently at a Nucleus Talks on Angel and VC investing to student entrepreneurs in Stellenbosch. One thing that I realised is how few people actually understand the different types of funding and when or how to go about getting it. Now there is no cut and dry method or simple answer but I’ll share the little that I know and hopefully you’ll find a couple of tips that you will find useful.* Firstly you need to identify between the different types of funding:
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