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 …
Tag: startup scaling
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 …