Top Myths of the New Economy by William Reichert, President, Garage.com

Myth: Venture Capitalists fund start ups.

Reality: Venture Capitalists fund established companies. Angels fund start ups.

Myth: I’ve got the perfect business plan.

Reality: No one’s going to read it.

Myth: If I build it, they will come.

Reality: Anyone can build it. Can you execute?….

Myth: Someone will steal my idea.

Reality: Someone else already has your idea and your next one.

Myth: Our projections are conservative.

Reality: Lies, damn lies and business plans.


Contact Barry Moltz by Email or by phone at (773)935-5181 Copyright 2007 and beyond by Barry Moltz
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