It was Peter Drucker who said, “If you can measure it, you can manage it”. KPIs fall into that category. KPIs – Do The Work Early! The specific metrics that drive any business will differ from startup to startup, and very few first-time founders are likely to understand them from the get-go. But they must …
Tag: founders
What Business Metrics Do Investors Check Before Investing?
Are you a Startup Founder about to raise or already raising external investor capital? You MUST know what business metrics those investors are going to check. The outcome will determine if they invest or not. Be The Queen Or King Of (Your) Business Metrics From Day 1 Don’t wait until you are about to start …
Will ChatGPT Make My Business Obsolete?
When the company OpenAI released the latest version of ChatGPT last year, all hell broke loose. What Is ChatGPT And What Can It Do? ChatGPT is a powerful language generation model that can be used for a variety of applications, including chatbots, question-answering systems, and language translation. Importantly, it can be integrated into businesses to …
The Right Investors For Your Startup. How Do You Find Them?
Starting a business is a challenging and exciting endeavor. However, it can also be difficult to get off the ground without sufficient funding. The secret lies in finding the right investors for your startup. Who Are The Right Investors For Your Startup? Here are some tips for finding the right investors for your startup. 1. …
Is It Possible To Sell Your Startup On The Private Market?
Knowing When It’s Time To Call It Quits Is A Skill Few Entrepreneurs Perfect. However, The Good News Is That It Is Possible To Sell Your Startup If The Timing Is Right. You’ve Got To Know When To Hold ‘Em, Know When To Fold ‘Em, Know When To Walk Away, And Know When To Run. …
Startups: You Need To Know How VCs Decide Whether To Meet You Or Not
As an early-stage Startup Founder, you need to know how VCs decide whether to meet you or not. I’d Like To Have My Deck, Model and Market Fit Reviewed… Like you, VCs have a job to do, and they have a limited number of meetings they can take. So once they get introduced to you, …
Even Billionaires Need People Skills
Newsflash: Disney announced late Sunday evening that CEO Bob Chapek will step down and be replaced by former CEO Bob Iger. Even Billionaires Need People Skills. So what went wrong to cause this train wreck? There were many “events” that happened along the way to the train wreck. These were clear warning signs that all …
Are You A Hoarder Or A Sharer?
Do You Follow The “Rule of Gold” or “The Golden Rule”…? Put another way, are you a hoarder or a sharer? I have found that business people, well actually all people, fall into one of two groups. Are You A Hoarder? Those who feel, mostly on an instinctual level, that the universe is fixed and …
Hook Investors In 3 Minutes
If you want to know how to hook investors in 3 minutes, read on. Startup Founders need to prepare more than one presentation. They need to perfect a one-sentence elevator pitch. A one-minute pitch. A 3-4 minute “demo-day” pitch. And finally, a conventional 10-15 minutes investor pitch, if they want to hook investors in 3 …
Want Investment? Don’t Do This
Startup Founders Do You Want Investment? Don’t Do This. The 22 Mistakes To Avoid. Most startup founders want investment to grow their companies. They often receive (poor) advice about what to do. Well, I’m here to tell you straight. Don’t do this. In the blog post below I’ve listed some traps to avoid. If followed, …