There comes a time in the life of any small-business owner when he or she poses the question: Can I use credit in a smarter way without getting my self into too much debt? The basic answer to that is: Yes, by getting a business credit card. The do’s and don’ts of paying for startup …
Tag: startup fundraising
KPIs – If You Can Measure It, You Can Manage It
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 …
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 …
Need Capital For Your Startup? Be Like A Camel. Not A Horse.
Need capital for your startup? Right now the fundraising environment is fickle and will remain so for the rest of 2023. So I’m advising my mentees and portfolio companies to be like a camel, not a horse. take capital if it’s available and store it until they need it. Don’t wait until you need it …
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. …
The Power Law: VCs Use It. Startups Need To Understand It.
The power law is a statistical concept that describes the relationship between the frequency of an event occurring and the magnitude of that event. Why It Matters Your job as a Startup wanting to secure capital from a Venture Capital Fund is simple. Using the Power Law, convince them that your startup will be one …
Nail It Then Scale It: Raise Venture Capital Only When The Business Model Is Ready
Startup Founders often make this one deadly mistake. They raise capital and invest it into marketing BEFORE the business model is sustainable. Remember the rule of thumb. Nail it then scale it. I’d Like To Access Resources For My Startup… First Achieve Product-Market Fit. Nail It Then Scale It. As a startup, achieving product-market fit …
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, …
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, …