What Can’t You Screw Up When You’re Just Starting Out?
“You should give us the authority to spend up to $1,000,” “Randy,” one of my co-founders, said to me at a staff meeting right after we received our initial funding. Then he continued, “And we should each have a company credit card.” [Do you want to grow your business? Maybe I can help. Click here.]…
Why Isn’t Your Revenue Growing If Your Leads Are Growing?
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How Important Is Your Experience?
Does you experience really matter when you’re building a startup? After all, Mark Zuckerberg had no experience, and look at Facebook. So, you should be able to start a company without any experience and replicate Zuckerberg’s success, right? Well, the reality is it might not be that simple. I’ll explain why in this short video.…
What Do Investors Need To Invest In Your Startup?
The one thing that can absolutely, positively kill your startup is a lack of alignment between you and your investors. So, it’s kind of important to know what your investors want. In this short video, I’ll explain two key parts of what investors need if they will invest in your company: a minimum percentage ownership,…
How Do You Gain Leverage When You’re Raising Money?
“Congratulations,” I said to “Ray,” I CEO I have been working with. “Getting funding in three weeks is quite an accomplishment.” “Thank you,” Ray responded. Do you want to grow your business? Maybe I can help. Click here. “Especially, after what you’d been through in your first two rounds of funding, you deserve a little…
Why You Can’t Use A Broker To Raise Money
Wouldn’t it be great if there was someone out there who could magically introduce you and your startup to every investor you want to meet? Wouldn’t that be great? And, yes indeed, there are people out there who will, for a fee of course, claim they will introduce you to investors. These people are called…
What Type Of Return Do Your Investors Expect?
If you’ve never raised money before, working with angel investors and VCs can be a mystery. One of the big questions you need to understand is your company investable? At the heart of this question is the return expectations your investors will have. That’s what I’ll explore in this short video. I hope you like…
How Should You Talk About Bad News With Your Team?
“I think we’re getting really close to getting funding,” I said to myself. We had just had another VC pass, but THE WAY VCs were passing seemed different to me. Maybe we were getting close to getting funded. More likely we weren’t. Do you want to grow your business? Maybe I can help. Click here.…
How You Can Run Multiple Startups At Once
“I’m managing three companies,” “Jason” said to me. It was our first conversation, and warning lights started going off. “Tell me about the three companies?” I said. Do you want to grow your business? Maybe I can help. Click here. Jason said, “The first company is a software company which is doing about $5 million…
You Need To Fire Your Co-Founder
One of the most painful things you’ll have to do is deal with your co-founder or early stage employee that was doing good work early on, but now is no longer cutting it. What you do next may likely determine the future of your company. In this short video, I’ll give you my take on…