YoungUpstarts

APRIL 17, 2018

As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. You need to sell them on why your startup is the best. Think of it as an elevator pitch for recruiting. For example, if you run a tech startup , you will know how hard it is to find good software engineers.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Startup Professionals Musings

JULY 9, 2021

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 390

Elevator Pitch Entrepreneur Due Diligence Angel Investor 390

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. These are the only people likely to believe in newbies, with only minimal product evidence or business experience.

Sweat Equity 346

Sweat Equity Elevator Pitch Equity Venture Capital 346

Startup Professionals Musings

JUNE 26, 2015

As a model, think high-quality marketing collateral, with text and graphics in columns and sidebars, but focused on the value of your business, rather than selling your product. I see too many executive summaries that are simply heavy-duty customer pitches, or lightweight visions of the future.

Intellectual Property 120

Intellectual Property Elevator Pitch Angel Investor Technical Review 120

Startup Professionals Musings

APRIL 7, 2023

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not product development. Make your focus and priorities clear.

Elevator Pitch 228

Elevator Pitch Salary Angel Investor Viral 228

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

Startup Professionals Musings

APRIL 24, 2011

billion jump in funding over the same quarter of 2010 with a similar number of deals, so it clearly shows a trend to larger deal sizes for fewer startups. To me, this indicates that venture capitalists (VCs) are looking for business, but not from first-time startups. Overall, investors put $7.5 That represents a $1.5

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

Startup Professionals Musings

NOVEMBER 4, 2011

Every new startup I know dreams of being funded by an angel investor. Over the past 10 years, I have had the opportunity to see how the process works, several times from the startup side, and more recently from the angel perspective (as a member of an angel group selection committee). Build a prototype product.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

JULY 12, 2020

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not product development. Make your focus and priorities clear.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

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

SEPTEMBER 23, 2010

Every new startup I know dreams of being funded by an angel investor. Over the past 10 years, I have had the opportunity to see how the process works, several times from the startup side, and more recently from the angel perspective (as a member of an angel group selection committee). Build a prototype product. Marty Zwilling.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

SoCal CTO

NOVEMBER 1, 2010

I had a recent email dialog with the founder of a company looking for a CTO for their startup. Was it a Startup Founder Developer Gap ? Did they really need a Startup CTO or Developer or both? He had a partially built product. who start with small equity percentages don’t end up making very much from startups.

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

Steve Blank

NOVEMBER 5, 2009

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. The goal of their startup in this stage becomes “getting funded.”

Customer Development 264

Customer Development Developer Customer Silicon Valley 264

The Startup Magazine

JUNE 24, 2021

Creating a startup from scratch can be a daunting endeavor. Like any project, a lot of planning, attention to detail and effort must go into it, otherwise you may risk rolling out a flop of a product. Other benefits include: Identifying and navigating the strengths and weaknesses of your product. Revenue streams.

Lean 88

Lean Elevator Pitch Startup Business Plan 88

Up and Running

APRIL 11, 2012

He defines the elevator pitch, video pitch, executive summary, PowerPoint presentation, and business plan as different forms. For more on this, you could find a lot of the same kind of thinking in my form follows function post on my Planning Startups Stories blog, part of a series on business planning fundamentals.

Business Plan 85

Business Plan Elevator Pitch Technical Review Due Diligence 85

The Startup Magazine

JUNE 19, 2022

And if you’re not sure how to reach your goals, these B2B sales tips that we prepared will help you reach the revenue and success you’re hoping for. Truly believe in your product. Ask yourself what makes you confident that your product or service is worthy of a sale? Focus on OKRs. Source: Pixabay.

B2B 146

B2B Sales Elevator Pitch Lead Generation 146

Up and Running

MARCH 14, 2018

I know what it’s like to pitch to investors—both angels and venture capitalists. I’ve raised close to $1 million from angel investors for my previous technology startups. Sometimes you only get 10 minutes to pitch your business opportunity to the investors (or less in some cases). Begin your pitch with a compelling story.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Austin Startup

AUGUST 3, 2017

Is it an Texas-based tech startup company or is it doing something in the email space? For me, that’s any tech startup company in Texas or any email related company in the world. I want to understand who pays you and how you can quantify that your product saves them time or money. Do you have a minimum viable product?

Technical Review 69

Technical Review Startup Texas Email 69

Startup Professionals Musings

FEBRUARY 19, 2018

Of course, the average beginning amount per startup is low, and usually in the form of a convertible loan, rather than an equity investment. To me, this is a logical step function, and confirmation that the right founders are always more important than the right product. Tie investment return to revenue rather than a fixed date.

Elevator Pitch 215

Elevator Pitch Equity Revenue Differentiation 215

OnlyOnce

JULY 9, 2013

Startup CEO (OnlyOnce – the book!), My book, Startup CEO: A Field Guide to Scaling Up Your Business , is now available for pre-order on Amazon in multiple formats ( Print , Kindle ), which is an exciting milestone in this project! Part III – Pre-Order Now. questions”. questions”. Onboarding: The First 90 Days.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Startups, are not about executing a plan where the product, customers, channel are known. – not just web-based startups.

Lean 300

Lean Business Model Customer Development Guinea 300

Austin Startup

DECEMBER 7, 2019

Capital Factory’s Saturday Startup Spotlight series returns this week with the Founder and CEO of Vesta : Charles Nicolson. Vesta helps large merchants collect and clean product data to increase product range and reduce manual labor. link] Can you give us the elevator pitch for Vesta? Since we launched in the U.S.

Elevator Pitch 62

Elevator Pitch Dallas New Zealand eCommerce 62

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

Up and Running

SEPTEMBER 26, 2018

Money seems to disappear at a startup once it hits the bank. 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. Running a lean startup takes major budgeting skills. Market research. Identify success stories. What changed?

Elevator Pitch 242

Elevator Pitch Due Diligence Networking Venture Capital 242

Startup Professionals Musings

DECEMBER 18, 2012

This is a key element of every elevator pitch, with enough specificity and fuel to keep you and everyone around you moving toward the beacon in the fog. Drive your startup to profitability. This is implementing a model that you can replicate, to get your product or service out across the country, and around the world.

Elevator Pitch 248

Elevator Pitch Startup Bootstrapping Entrepreneur 248

Startup Professionals Musings

DECEMBER 8, 2017

This is your elevator pitch hook, which you must be able to deliver in 30 seconds. Providing your product or service free to customers may sound attractive in marketing materials, but you need revenue sources to survive. Professional investors look for the right people, more than the right product.

Elevator Pitch 163

Elevator Pitch Angel Investor Silicon Valley Revenue 163

Startup Professionals Musings

MAY 31, 2014

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not product development. Make your focus and priorities clear.

Elevator Pitch 285

Elevator Pitch Salary Angel Investor Viral 285

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

Startup Professionals Musings

AUGUST 27, 2012

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Every startup needs both a business plan and an investor presentation, completed before you formally approach any investors.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

Startup Professionals Musings

AUGUST 5, 2018

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not product development. Make your focus and priorities clear.

Elevator Pitch 139

Elevator Pitch Salary Angel Investor Viral 139

Startup Professionals Musings

JULY 15, 2015

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 120

Elevator Pitch Due Diligence Startup Angel Investor 120

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. Written business plan.

Entrepreneur 270

Entrepreneur Elevator Pitch Due Diligence Angel Investor 270

Up and Running

AUGUST 18, 2014

It can be hard to pitch your startup, but with a little practice, you’ll be able to naturally bring it up in social situations—without feeling pushy or rehearsed. But finding natural ways to pitch your startup may still seem like the most daunting task you’ve faced yet. Adapt your pitch to the platform.

Elevator Pitch 114

Elevator Pitch Private Placement Startup Conversion 114

Austin Startup

SEPTEMBER 6, 2019

Capital Factory’s Saturday Startup Spotlight series continues this week with the CEO and Co-Founder of Zirtue : Dennis Cail. link] Can you introduce yourself & give us your elevator pitch? That puts us in a place where we’ll be close to 2 million dollars in annual revenue. which is really our year one target.

Startup 77

Startup United States Elevator Pitch Cofounder 77

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. These are the only people likely to believe in newbies, with only minimal product evidence or business experience.

Sweat Equity 120

Sweat Equity Entrepreneur Elevator Pitch Equity 120

Gust

DECEMBER 9, 2012

This is a key element of every elevator pitch, with enough specificity and fuel to keep you and everyone around you moving toward the beacon in the fog. Drive your startup to profitability. This is implementing a model that you can replicate, to get your product or service out across the country, and around the world.

Elevator Pitch 163

Elevator Pitch Startup Bootstrapping Entrepreneur 163

Startup Professionals Musings

JUNE 10, 2011

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Every startup needs both a business plan and an investor presentation, completed before you formally approach any investors.

Elevator Pitch 234

Elevator Pitch Exit Strategy Burn Rate Merger 234