A pitch presentation can be categorized by several attributes like focus , length, timing etc. There are many categorizations that were born out of the fact that founders often present their idea in front of different audiences and for a different amount of time.
First-time founders often commit serious errors in their company management efforts blinded by their focus on the product/service itself. Too many times they bury themselves in irrelevant for their stage activities and that often untimely leads to the death of the company. In this post, we will try to give an overview of the most common mistakes that startup founders make.
For many years, investors and the wider public considered that a startup is just a small company, but the differences between the underlying philosophies of a startup and a small company are so great that they barely have any similarities.
Finding the right co-founders is of extreme importance – no solo founder will be able to build a scalable business because nobody has all the necessary skills to implement everything needed for the basic functioning of the company.
Motivation is a total necessity when it comes to startups (although not only with them) and it should be something beyond money – a willingness to achieve greatness, to create things that never existed before or just to add great value to the world.
A good team will require members whose skills complement each other’s, so search for someone with the skills you lack.
Funding Choices In my interactions with various startup founders, I often encounter individuals who are a bit bewildered by the complexities of startup financing. Procuring initial funding can prove to be a formidable task, irrespective of whether it’s your maiden startup venture or simply one of many you’ve embarked on. Read more…
Considerations When Seeking Venture Capital Securing venture capital is often likened to going on a treasure hunt; the key is to know exactly where to look. Crucially, positioning yourself strategically in front of venture capital companies can make all the difference. Raising funds is far from easy. Realizing the challenge Read more…
Venture Capital Definition What is venture capital and why use it? What level of funding can a venture capital firm offer to a startup? At what stage should a startup ideally seek venture capital for financial support? Venture capital represents a unique financing structure typically characterized by high-risk investments. This Read more…
Challenges When Raising Funds Raising capital for startups is usually thought to occur through equity or diluted funding, which involves sacrificing a stake of your business in exchange for financial assistance. Conversely, non-diluted funding allows access to necessary funds without relinquishing any business ownership. For instance, diluted funding frequently comes Read more…