Due Diligence: An Entrepreneur’s Perspective

• http://tkeane.typepad.com/startups_and_angels_along/2006/10/due_diligence_a.html

Due diligence by an investor, seen from the entrepreneur’s point of view, is all good. Really. Here is an opportunity to really learn a lot about your business prospects and gain perspective.

Yes, of course, some investors will use this process to see “how much they can get” and be impolite about it. Fewer than you might think, tho. And my advice is always “walk.” Money is only money but business ideas – good ones – are harder to come by.

So think of this as a process of learning – about your venture from a new perspective – about the investor(s) – and about building trust.

• http://tkeane.typepad.com/startups_and_angels_along/2006/10/due_diligence_a.html