In the very first edition of #AskHustleshare, Ronster gives his take on a post on the #DLSUFreedomWall48782 where a startup founder shared his experience on having 2 failed tech startups. Ronster will dissect the post point by point to give his take on the anonymous poster's learnings and shine some light if hard work is really enough to succeed in a startup.

Got questions you want to ask Ronster or any previous startup founder we've had on the podcast? Shoot us an email at ask@hustleshare.com so we can tackle your questions and help you with your hustle!

Links mentioned in this episode:

• Due Diligence - Professionals define due diligence as an investigation or audit of a potential investment consummated by a prospective buyer. The objective is to confirm the accuracy of the seller’s information and appraise its value.

• Term Sheet - A document outlining the material terms and conditions of a business agreement.

• Gentleman's Agreement - An informal, often unwritten agreement or transaction backed only by the integrity of the counterparty to actually abide by its terms.

• CI - A term that stands for “Customer Intelligence.”

• KYC - A term that stands for “Know Your Customer.”

• Cap Table - A term that is short for "Capitalization Table". This document is an intricate breakdown of a company’s shareholders’ equity.

• Use of Proceeds (USOP) - This document  summarizes how a company that aims to secure additional capital is going to spend the funds.

Do you have questions that you want to ask the Hustleshare team? Message us at http://m.me/hustleshare or join the Hustleshare Community on Facebook to get first dibs on the episodes we will be releasing. We’ll look forward to hearing from you!