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 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 …
The Power Law: VCs Use It. Startups Need To Understand It. Read More »
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 Get Free Resources For My Startup… First Achieve Product-Market Fit. Nail It Then Scale It. As a startup, achieving product-market …
Nail It Then Scale It: Raise Venture Capital Only When The Business Model Is Ready Read More »
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. …
Is It Possible To Sell Your Startup On The Private Market? Read More »
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, …
Startups: You Need To Know How VCs Decide Whether To Meet You Or Not Read More »
In Case You Want To Know How To Be A Startup Unicorn, The Odds Of Success Are About 10,000:1 I’d Like To Get Free Resources For My Startup… When considering how to be a Startup Unicorn, your chances will improve if your Startup is in one of these categories: ➽ Gaming – virtual service or …
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 …
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 …
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 …
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, …
