Author, Apple Mac evangelist, and Silicon Valley venture capitalist Guy Kawasaki has an interesting blog in which he follows up this clever post on the “Top Ten Lies of Venture Capitalists” with this hilarious post on the “Top Ten Lies of Entreprenuers,” which include the following (see Kawasaki’s post for his explanation of each lie):

1. ìOur projections are conservative.î
2. ìGartner says our market will be $50 billion in 2010.î
3. ìBoeing is going to sign our purchase order next week.î
4. ìKey employees are set to join us as soon as we get funded.î
5. ìNo one is doing what we’re doing.î
6. ìNo one can do what we’re doing.î
7. ìHurry because several other venture capital firms are interested.î
8. ìOracle is too big/dumb/slow to be a threat.î
9. ìWe have a proven management team.î
10. ìPatents make our product defensible.î
Bonus lie: ìAll we have to do is get 1% of the market.î

My contribution: “If you can help us solve this initial cash flow issue, we’ll be just fine.”