Ironically, raising millions of dollars is usually easier than raising thousands.
The way the system works is that if you build something of value, the money will find you. Yes, there is a catch-22: you need seed financing, but no one will give you a cent until you have a marketable product and your company is producing revenue—which means that you don’t really need the money. But that’s the way it goes.

-Vivek Wadhwa, From the TechCrunch Article “Ditch the Biz Plan, Buy a Lottery Ticket”

Quote from a presentation by Fred Wilson titled “Ten Ways to Be Your Own Boss”

Entrepreneurship exists in the tiny space between madness and genius; and, its journey requires a few cross border violations across both madness and genius to get to the final destination.
- JLM on the Herd Instinct

“…what I found was that I was getting advice when I was asking for money, and getting money when I was looking for advice.”
- Laura Fitton, oneforty.com. Check out the interview here.
This is a great interview. Laura Fitton founded oneforty, an iTunes of sorts for Twitter apps. She was “highly unqualified” to start a company, but was able to raise $2+ million from investors and landed Guy Kawasaki as an advisor. The story is long, but it’s definitely a must hear for those who think they don’t have the right background …

Investors want to invest in startups that will be successful with or without them. And those who succeed don’t wait for investors before they begin to create. They can’t wait to carry their idea forward.
-Pitching Hacks, VentureHacks.com