Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. They need to realize that investors ask for projections, not merely as predictions, but more as commitments from the founder and his team. If you are not willing to commit, don’t expect anyone to back you.
Making Financial Projections is Not Rocket Science
Posted by
martinzwilling under Startups
From http://blog.startupprofessionals.com 344 days ago
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