Experienced entrepreneurs know that they are preparing for the investors due diligence from the very beginning. They establish a process that supports the development and growth of their investable company. In order to begin that process, you must know what the investors will request and why they are requesting it.

With over 7 billion dollars raised in funding in the last 12 months by Columbia Startups alone, and 2.4 million dollars in awards granted to those startups, Columbia University is preparing the entrepreneurs of the future to the utmost of the universities ability.

Accelerators have been booming since the beginning of Y Combinator in 2005. Yet, Harvard applicants have higher odds of acceptance than applicants to TechStars, Y Combinator, or Fledge. So what is to become of this trend? Will the industry reach saturation? Will accelerators accept any applicant who applies? What does the future hold for accelerators?

To be an entrepreneur is to be challenged everyday. Often times, you will be pushed to your limits, but the payoff can be one of life’s greatest pleasures. To help you through the entrepreneurial journey, here are 10 quotes all entrepreneurs should live by.

A principal goal in the life of a scalable startup company is getting external equity funding. The closing of a funding round is cause for celebration. However, founders are often left with a somewhat bitter-sweet taste when they realize what just happened.

A series LLC is a unique form of limited liability company (“LLC”) in which the articles of formation specifically allow for unlimited segregation of membership interests, assets, and operations into independent ‘‘Protected Series’’

If you’re looking to gain anything over 25$, you’re going to be asked where the money is going. This fact can be applied towards family and friends, but especially if you are asking for a loan from a bank.

You are going to fail! This is the dirty little truth about being an entrepreneur.

Efficiency, the ability to accomplish a job with a minimum expenditure of time and effort, is one of the most important ingredients to business success. Startup companies must be ruthless in this pursuit.

The basic question that most plans leave unanswered is, “How do I know if my plan is working?”