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Many product failures such as Cucumber antiperspirant spray,Toaster Eggs,and Health-Sea sea-sausages did not succeed because they did not conform to the product characteristic of:
Angel Investor
A financially well-to-do person who backs a beginning enterprise, usually receiving convertible debt or a portion of ownership in exchange.
Bootstrapping
A self-starting process that is supposed to proceed without external input, often used to describe startups that grow without major external funding.
Penny Pinching
The act of being very careful with money, often by trying to reduce spending.
Seed Money
Initial funding used to start a business, often provided by angel investors, friends, or family.
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