I hear continued frustration from founders who are trying to raise funds. Sure, the media loves to talk about the companies that are getting funded, but in reality those popular companies have always been a very small percentage of the companies that are actively fundraising. Many thousands are having a hard time getting funded and […]
Thoughts on Scaling Customer Acquisition
In addition to making sure you have momentum, you should understand your customer acquisition process. The customer acquisition plan/process can very well make the difference between scaling or not, success or failure. A very basic exercise that you should clearly understand as a business founder/owner/leader, and one that you may need to adequately communicate to any potential […]
angel, Business, Finance, founders, growth, Investing, scaling, startupsMomentum Is The Key To Success
I meet with a lot of startup founders on a regular basis. Sometimes these discussions take place at pitch events and sometimes at a more informal coffee or lunch. Since the point of the talk usually has something to do with their venture, the founder gives some basic information about their status. How many staff […]
angel, customers, Finance, Investing, startups, ventureYou Need Margin – Both Business and Personal
When I think of and use the term “margin” I think of the additional beyond the minimum requirement. In a business sense the margin is the difference between the income and the expenses. (*That difference isn’t always cash-in-hand “profit” by the way.) The margin is often reflected as a percentage and you can easily see […]
budgeting, Finance, Investing, margin, PersonalGrowth, savings