Startup Professionals Musings

JANUARY 7, 2013

Sure, there will always some seed funding (10% of overall deal flow), but you can bet that this money goes to entrepreneurs who have been there before and won. Your friends and family are really the only answer until you have a significant revenue stream. Practice every step, including the elevator pitch to get the first meeting.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

YoungUpstarts

APRIL 17, 2018

As a new entrepreneur or business owner, the most important thing you will do is hire talent. Think of it as an elevator pitch for recruiting. Your internal team creates your external results, such as new products and increased revenues. by Felix Winstone, Co-Founder and Managing Director at Talkative. Hiring = Sales.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

YoungUpstarts

NOVEMBER 29, 2017

Think of your first B2B web site as one step beyond your elevator pitch. Present a professional appearance; Show that you are a real company with solutions to help real businesses solve problems, grow revenue, or reduce cost. Here are five tips to help build a first web site that will help your business grow.

Elevator Pitch 100

Elevator Pitch Web Portfolio B2B 100

Startup Professionals Musings

JANUARY 11, 2021

Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. Every good entrepreneur needs to invest skin in the game, to show credibility and leadership to others. Tie re-payments to revenue growth in the startup.

Sweat Equity 346

Sweat Equity Elevator Pitch Equity Venture Capital 346

Gust

JULY 23, 2014

So even if my own mother asked me to meet with you, and you were pitching me a biotech opportunity for a $10 million investment at a $90 million valuation, I might take the meeting, but it wouldn’t be particularly useful for either of us. In this case, it’s not a lack of interest, just a lack of time and efficiency.

Angel Investor 153

Angel Investor Elevator Pitch Pre-Money Valuation Technical Review 153

Startup Professionals Musings

APRIL 7, 2023

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Your proposed use of their funds will be seen in these three contexts.

Elevator Pitch 228

Elevator Pitch Salary Angel Investor Viral 228

Startup Professionals Musings

JUNE 26, 2015

" Investors want to buy into an entrepreneur with a startup that can provide evidence of an ability to double customer productivity, at half the cost, with patented technology. This is your elevator pitch and customer value proposition, and is your key to getting an investor to read even the remainder of the summary.

Intellectual Property 120

Intellectual Property Elevator Pitch Angel Investor Technical Review 120

Hearpreneur

NOVEMBER 27, 2019

Ultimately, we went with On Site because we wanted to give a clear indication of what made us different – kind of a micro elevator pitch in our name. Summit CPA is now a company with over $5M in annual revenue and our team is fully distributed throughout the United States. And I was right. 12- Considered a few factors.

Naming 150

Naming CPA Entrepreneur Software Review 150

Startup Professionals Musings

NOVEMBER 4, 2011

A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

JULY 12, 2020

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Your proposed use of their funds will be seen in these three contexts.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

Startup Professionals Musings

APRIL 24, 2011

Sure, there is always some seed funding (10% of overall deal flow), but you can bet that this money goes to entrepreneurs who have been there before and won. Your friends and family are really the only answer until you have a significant revenue stream. Practice every step, including the elevator pitch to get the first meeting.

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

Startup Professionals Musings

MARCH 2, 2020

That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person. Aspiring entrepreneurs are often impatient in rolling out the business, assuming the hard work was finalizing the idea, and that if you build it, customers will come. A full plan may be no more than 20 pages.

Elevator Pitch 315

Elevator Pitch Cofounder Dividend Leadership 315

Startup Professionals Musings

SEPTEMBER 23, 2010

A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Startup Professionals Musings

JANUARY 26, 2012

An "elevator pitch" is a concise, well-practiced description of your startup and your plan, delivered with conviction and enthusiasm, that your mother should be able to understand in the time it would take to ride up an elevator. A good elevator pitch is not just for an elevator discussion.

Elevator Pitch 283

Elevator Pitch Startup Differentiation Distribution 283

Up and Running

APRIL 11, 2012

He defines the elevator pitch, video pitch, executive summary, PowerPoint presentation, and business plan as different forms. Do not estimate revenues as a percentage of the market. In case you don’t know gust.com , it’s a web platform for entrepreneurs and angel investors to meet and share information.

Business Plan 85

Business Plan Elevator Pitch Technical Review Due Diligence 85

Startup Professionals Musings

MAY 18, 2014

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you. Financial model.

Entrepreneur 270

Entrepreneur Elevator Pitch Due Diligence Angel Investor 270

Steve Blank

NOVEMBER 5, 2009

Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail.

Customer Development 264

Customer Development Developer Customer Silicon Valley 264

Startup Professionals Musings

FEBRUARY 19, 2018

As an advisor to young entrepreneurs, I find that many are a bit naïve about how the investment process really works. In my first working session with this entrepreneur, I suggested ways to break this request into stages or tranches, based on showing traction, with the first amount in a more affordable range of $50 thousand or less.

Elevator Pitch 215

Elevator Pitch Equity Revenue Differentiation 215

Startup Professionals Musings

FEBRUARY 27, 2019

In addition, like an entrepreneur with a new business, you have to factor in all the indirect costs previously covered by employers, including training, health care, and time off for vacations. In fact, thinking like an entrepreneur is a good strategy today for success, even if you are currently in a long-term employment situation.

Employee 246

Employee Elevator Pitch Differentiation Social Media 246

Startup Professionals Musings

AUGUST 8, 2016

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Thus I was pleased and a bit surprised to see a new book, “ The Purpose Is Profit ,” by Ed “Skip” McLaughlin, an entrepreneur who has both succeeded and failed in starting multiple businesses.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Startup Professionals Musings

OCTOBER 5, 2011

Zigging and zagging amongst the obstacles is the fun part of being an entrepreneur, and it’s what sets you apart from the average worker who knows exactly what he or she has to do every day to get paid. There are certain foundational elements that every entrepreneur must build on to succeed, as well as some critical tools we all need.

Elevator Pitch 256

Elevator Pitch Entrepreneur Bootstrapping Revenue 256

Startup Professionals Musings

JUNE 1, 2015

Image via Flickr by Jupiter Labs Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. Every good entrepreneur needs to invest skin in the game, to show credibility and leadership to others.

Sweat Equity 120

Sweat Equity Entrepreneur Elevator Pitch Equity 120

Startup Professionals Musings

DECEMBER 8, 2017

Unless you are a serial entrepreneur with a string of successes behind you, you need a business plan to convince investors that you can build a business out of the dream that has been driving your passion to change the world. This is your elevator pitch hook, which you must be able to deliver in 30 seconds.

Elevator Pitch 163

Elevator Pitch Angel Investor Silicon Valley Revenue 163

Up and Running

MARCH 14, 2018

If there’s one thing I can’t stress enough, it’s the importance of rehearsing your pitch. I’ve seen too many entrepreneurs think, “Oh, I know my business inside and out—pitching will be a breeze!” I’ve seen many entrepreneurs crash and burn when delivering their investor pitch—and ramble on and on. Don’t wing it.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Austin Startup

SEPTEMBER 19, 2017

Build Your Network POC entrepreneurs typically have smaller networks compared to white entrepreneurs, and women typically have smaller networks compared to men. While being able to serve as a source to expand your network, mentors can also help entrepreneurs to recognize new opportunities for new ventures. Partner up.

Venture Capital 48

Venture Capital Oakland Elevator Pitch Technical Review 48

Up and Running

DECEMBER 16, 2014

To grow a business, most entrepreneurs know that they should be implementing PR strategies. But where do you start, and what are the best approaches to public relations for an entrepreneur? ” We recently featured an excerpt from her book, which offers even more great tips on networking for entrepreneurs.

Public Relations 117

Public Relations Small Business PR Entrepreneur 117

Startup Professionals Musings

JANUARY 20, 2018

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you, and demonstrating your readiness.

Elevator Pitch 164

Elevator Pitch Due Diligence Angel Investor Business Plan 164

Up and Running

SEPTEMBER 26, 2018

Cash flow issues, the type where a company is bringing in plenty of revenue but is struggling to meet expenses can be really challenging for startups. Sure, you have your elevator pitch and you yourself are the product, but a networking event should be about building relationships and building a network, not the hard sell.

Elevator Pitch 242

Elevator Pitch Due Diligence Networking Venture Capital 242

The Startup Magazine

JUNE 24, 2021

Alternative and effective tool for entrepreneurs. Revenue streams. High-level concept – Create an “elevator pitch” summarizing the purpose and innovativeness of your product. Lean canvas vector illustration. Business plan presentation blank template table. Unique value proposition.

Lean 88

Lean Elevator Pitch Startup Business Plan 88

Startup Professionals Musings

MAY 31, 2014

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” business entrepreneur funding investor startup'

Elevator Pitch 285

Elevator Pitch Salary Angel Investor Viral 285

Gust

OCTOBER 11, 2011

An “ elevator pitch ” is a concise, well-practiced description of your startup and your plan, delivered with conviction and enthusiasm, that your mother should be able to understand in the time it would take to ride up an elevator. A good elevator pitch is not just for an elevator discussion.

Elevator Pitch 174

Elevator Pitch Startup Differentiation Distribution 174

Startup Professionals Musings

AUGUST 5, 2018

Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Your proposed use of their funds will be seen in these three contexts.

Elevator Pitch 139

Elevator Pitch Salary Angel Investor Viral 139

Startup Professionals Musings

DECEMBER 18, 2012

Zigging and zagging amongst the obstacles is the fun part of being an entrepreneur, and it’s what sets you apart from the average worker who knows exactly what he or she has to do every day to get paid. There are certain foundational elements that every entrepreneur must build on to succeed, as well as some critical tools we all need.

Elevator Pitch 248

Elevator Pitch Startup Bootstrapping Entrepreneur 248

Steve Blank

MARCH 8, 2011

A few weeks before the Stanford class began, the teaching team went through their Rolodexes and invited entrepreneurs and VCs to volunteer as coaches/mentors for the class’s teams. Each team gave each professor a three-minute elevator pitch for their idea, and we let them know if it was good enough for the class.

Lean 300

Lean Business Model Customer Development Guinea 300

Startup Professionals Musings

AUGUST 14, 2015

Too many entrepreneurs tackle starting a business as a random walk into a business minefield, and they count on their street smarts, thick skin and pure determination to get them to their destinations alive. Some entrepreneurs run with passion into the minefield, only to find it’s harder to recover than to plan ahead.

Elevator Pitch 120

Elevator Pitch Burn Rate Startup Metrics 120

Austin Startup

DECEMBER 7, 2019

link] Can you give us the elevator pitch for Vesta? in April, we’re trying to grow our revenue as quickly as possible so we can attract more investors and VC’s by the end of the year. The markets are really different and we’ve had to make some changes, including how we pitch our product. Since we launched in the U.S.

Elevator Pitch 62

Elevator Pitch Dallas New Zealand eCommerce 62

Startup Professionals Musings

DECEMBER 24, 2012

But many entrepreneurs don’t realize that Angels are also extremely discerning in the projects that they will invest in, rejecting approximately 97% of the proposals submitted to them, according to the California Investment Network. Start early on this one, or you will lose the opportunity. Build a prototype product.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260