As the publisher McSweeney’s so eloquently put it in the updated version of Jane Austen’s opening line for Pride and Prejudice, “It is a truth universally acknowledged, that a single man in possession of a good fortune must be in want of an internet startup to call his own.”
But what if you don’t have a good fortune? Do you shelve your great idea until you meet the benefactor of your dreams? Check out this excerpt from last week’s Entrepreneurship 101 session for tips from some start-up stars:
The session showcased the struggles and success stories of three Toronto-based Information Technology, Communications and Entertainment (ICE) start-up founders:
None of these founders had a rich uncle, nor special connections to capital, but after failures, pivots and iterations, all of them managed to make it. The session featured all three founders discussing the challenges and opportunities they faced in launching their companies.
Though each founder works in a distinctly different ICE area, they all offered a few pieces of collective advice:
See below to view the complete webcast and hear real-life advice from the experts, including what investors are looking for, how to grow your brand and reach the masses, when and how much you should share about your business (NDA concerns), what you should really be looking for when you’re hiring talent and when to leave your day job.