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	<title>Todd Earwood &#187; raising money</title>
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	<link>http://www.toddearwood.com</link>
	<description>Connecting the dots of life and business</description>
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		<title>Working with Family</title>
		<link>http://www.toddearwood.com/2007/08/17/working-with-family/</link>
		<comments>http://www.toddearwood.com/2007/08/17/working-with-family/#comments</comments>
		<pubDate>Fri, 17 Aug 2007 15:49:18 +0000</pubDate>
		<dc:creator>Todd Earwood</dc:creator>
				<category><![CDATA[Startup]]></category>
		<category><![CDATA[raising money]]></category>
		<category><![CDATA[startup funding]]></category>

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		<description><![CDATA[Many startups turn to friends and family for early funding. I&#8217;ve never personally done this (successfully), but I have tried. I owned a business with my brother and we both put in capital. Our parents and friends didn&#8217;t invest and I can only imagine the headaches. Peter Ireland offers some simple yet effective advice on [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.flickr.com/photos/brianmcguyan/298760441/"><img title="Money handout" src="http://farm1.static.flickr.com/108/298760441_aa2129b79e_m.jpg" border="0" alt="Money handout" hspace="5" align="left" /></a>Many startups turn to friends and family for early funding.  I&#8217;ve never personally done this (successfully), but I have tried.  I owned a business with my brother and we both put in capital.  Our parents and friends didn&#8217;t invest and I can only imagine the headaches.  <a href="http://smartstartup.typepad.com/my_weblog/2007/08/whats-the-worst.html">Peter Ireland</a> offers some simple yet effective advice on how to handle family investors.  If you&#8217;ve already done it or are considering reaching into Aunt Bernice&#8217;s fat wallet, take heed to Peter&#8217;s advice.</p>
<p>Flickr photo credit: <strong><a href="http://www.flickr.com/photos/brianmcguyan/"><strong>Brian McGuyan</strong></a></strong></p>
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