Comments on: Money VS Advisors http://dkalo.com/money-vs-advisors difficult takes a day, impossible takes a week Sat, 04 Feb 2012 05:51:49 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: stavros messinis http://dkalo.com/money-vs-advisors#comment-20 stavros messinis Sat, 10 Oct 2009 08:38:26 +0000 http://dkalo.com/?p=191#comment-20 My snarky comment .... Give a man a fish and you have fed him for a day. Teach a man to fish and you will never again have to listen to his incessant whining about how hungry he is He may then teach others to fish. My snarky comment …. Give a man a fish and you have fed him for a day. Teach a man to fish and you will never again have to listen to his incessant whining about how hungry he is

He may then teach others to fish.

]]> By: George Tziralis http://dkalo.com/money-vs-advisors#comment-19 George Tziralis Wed, 12 Aug 2009 17:21:34 +0000 http://dkalo.com/?p=191#comment-19 I respectfully disagree, money alone is a infertile trigger to entrepreneurship (see public money for example, typically inducing toxic effects across enterprises, or VCs who do not understand your product/market mix etc, they can probably hurt you, given that they have a say in your strategic decisions). I respectfully disagree, money alone is a infertile trigger to entrepreneurship (see public money for example, typically inducing toxic effects across enterprises, or VCs who do not understand your product/market mix etc, they can probably hurt you, given that they have a say in your strategic decisions).

]]> By: dkalo http://dkalo.com/money-vs-advisors#comment-18 dkalo Wed, 12 Aug 2009 16:58:20 +0000 http://dkalo.com/?p=191#comment-18 I agree with you that both money & advisors are necessary but if I had to choose one of those, that would be the money. I agree with you that both money & advisors are necessary but if I had to choose one of those, that would be the money.

]]> By: George Tziralis http://dkalo.com/money-vs-advisors#comment-17 George Tziralis Wed, 12 Aug 2009 16:41:21 +0000 http://dkalo.com/?p=191#comment-17 Thank you for your post Dimitris, I think we both agree that, regarding money and advisors, one cannot stand without the other, so one needs both to properly start-up. I do believe that proper advice can help from day one, not only when the product is ready, but also on how to develop this product etc, and it is able to multiply the value of the initial amount of money offered. The latter is designated to serve just what you are describing, namely the core costs that you need to cover for being able to pay your bills and focus just on your start-up. So, to summarize, I do think that what you are describing here is pretty close to the concept and offering of the Openfund, a small amount of money to quit your day job and focus on your start-up, plus proper advice on every single need of yours to help evolve your initial idea into a more than promising product. Thank you for your post Dimitris, I think we both agree that, regarding money and advisors, one cannot stand without the other, so one needs both to properly start-up.
I do believe that proper advice can help from day one, not only when the product is ready, but also on how to develop this product etc, and it is able to multiply the value of the initial amount of money offered.
The latter is designated to serve just what you are describing, namely the core costs that you need to cover for being able to pay your bills and focus just on your start-up.
So, to summarize, I do think that what you are describing here is pretty close to the concept and offering of the Openfund, a small amount of money to quit your day job and focus on your start-up, plus proper advice on every single need of yours to help evolve your initial idea into a more than promising product.

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