Robert Ochtel is a hands-on business executive with more than 25 years of experience in all aspects of high-technology and international business development in both the semiconductor and telecommunication industries. Early in his career, the author worked for various Fortune 500 companies including Harris Semiconductor and Intel Corporation. For the last 17 years, the author has been involved with the venture funding of various wireless start-up companies in San Diego, including PCSI, CommQuest Technologies, 4D Connect, and others. The author has also raised more than $50M in venture capital, corporate funding, and private equity from such firms as Sequoia Capital, Brentwood Associates, Oak Investment Partners, AT&T Ventures, and Intel Corporation. In fact, one start-up company that the author was instrumental in founding and securing initial venture funding for, CommQuest Technologies, was sold three years later to IBM for $180M in 1998.
In 2002, the author founded The Carlsbad Technology Group (www.carlsbad-tg.com), a consultancy that specializes in facilitating high-technology start-up companies in their business strategy planning and associated efforts to secure angel, venture, and/or other private equity capital.
In 2007, the author founded the VentureBlue™ Angel Network, a proposed network of more than 100 angel groups to be developed across North America.
The author has written many articles that have been published in various local and national publications.
The author holds both M.S. and B.S. degrees in electrical engineering from Purdue University and an MBA from the University of Michigan. The author also has Series 7 and Series 63 securities licenses.
Why I Wrote this Book:
When I originally decided to write a business plan to raise venture capital, I really had no idea on how to accomplish this task. So, like many entrepreneurs, I purchased several “business plan” focused books that tell you what should go into a “text book” business plan. None of these same books provide the entrepreneur any insights as to the theory, processes and methodologies for developing an investor focused business plan. Hence, after reading these existing “business plan” focused books, the entrepreneur is still very much in the dark as to what business planning is, how to take the results of your business planning activities and roll them into a complete business plan, and then use the proper process and methodologies to then approach venture capitalists and other third party funding sources. This book addresses all of these issues and provides the entrepreneur with all of the processes and methodologies on how to engage in business planning, focus on the development of an investor focused business plan and then complete the funding process.