Remove Entrepreneur Remove Funding Remove Metrics Remove Slides
article thumbnail

How Many Entrepreneurs Really Need a Business Plan?

Startup Professionals Musings

On a regular basis, I am approached by entrepreneurs who assert that business plans are a waste of time. They cite sources like a recent BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this NY Times article. You need funding, and plan to get it from friends and family.

article thumbnail

Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

An impressive number of new VCs have been created – most of them with new seed funds. For what ever reason we’re wired to have amnesia during the run up and prescient memories of how we ‘knew it all along’ as soon as the slide begins. Create company measures for success that go beyond financial metrics.

Marketing 354
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Ways An Investor Pitch Differs From A Product Pitch

Startup Professionals Musings

When pitching to investors, entrepreneurs always seem to start with a customer pitch, then add a slide or two about the business. In reality, they need a separate pitch about the business, carrying over only a slide or two about the solution. These don’t get funded, nor bought by customers.

Product 103
article thumbnail

How To Take Your Business Idea From Dream To Reality

Startup Professionals Musings

Even if it’s only a few PowerPoint slides or typed paragraphs, writing something down is the first step toward making it real. Before you know it, you will have a ten-slide pitch that you can use to gauge interest from potential customers, as well as friends, family, and early investors.

Ideas 99
article thumbnail

How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

For a well-funded seed company I have controversially recommended hiring a great office manager that doubles as an administrative assistant. For a well-funded A or B round company I have recommended “ leveling up ,” which entails many things but in summary I tell people to “act your stage.” HR & Legal.

article thumbnail

Should Your Startup Give Performance-Based Warrants?

Both Sides of the Table

As startup entrepreneurs we all want to work with them because having their name as reference clients makes it so much easier for marketing, PR, selling to other customers, fund raising and even recruiting. Have minimums but a sliding scale. Subjective warrants – I also see warrants given out without hard metrics.

Startup 298
article thumbnail

How Halla Is Using AI To Personalize Food, With Spencer Price

socalTECH

in seed funding, from E&A Venture Capital and SOSV. Talk a bit about your funding, and how you got to it? The only thing we knew, is you sent around this set of slides which was supposed to convey what could bette rbe conveyed in conversation. Finally, what's been your biggest lesson as an entrepreneur so far?

Pricing 113