As a founder, you should be keeping track of milestones, performance, sales and everything else that’s going on with your company, but you’re busy, being pulled in twenty different ways, you have to fundraise, you’re running all sales and marketing, it’s overwhelming. How can you make sure the company is healthy aside from just your MAUs, DAUs, retention, and sales going up. How can you benchmark your startup’s operating performance?(more…)
The general thought is that if you have a good idea and no one has done it just yet, or not in the way you’ve conceived it, then being first to market means you’ll own the market, nave no competition, and run a monopoly company in your space. For any startup founder, the pressure of launching first is real―especially when considering the possibility of your competitor beating you to market, leaving you scrambling to re-evaluate your value proposition, or having to build a war chest to go head to head. I get it. But being first to market doesn’t guarantee success(more…)
Experienced entrepreneurs know very well ways that they can avoid common mistakes in new product and company development. However, this isn’t the case with first-time founders and budding entrepreneurs. Here are the 11 most common and biggest mistakes that startup founders make when launching their new business.(more…)
The elevator pitch, those few sentences which convey your company across to potential customers and investors. Do you have it right? Can you explain what your product does in language that is simple, yet presents the unique value of your product? You may think that you already have your elevator pitch perfected, but even if it is, test it, refine it, and make it better. The pitch will dictate whether you get some love in an elevator, or just get shot down. We’re here to help. Follow this guide to master the elevator pitch and get funded.(more…)
A big problem with young companies is that aside from some very rough financial guidelines it is often very difficult to gauge whether the venture will or can be successful. Luckily when you’re starting up there are frameworks that can help you with this. Today we’re going to look at how to Analyze Company with Bell Mason, use the Framework well, and provide you with the tools to do it effectively.
Many investment houses use multi-metric project valuation and assessment approaches, and at present, there is ample work being done at top business universities in order to augment the early-stage venture valuation process. One such methodology is the Bell- Mason Framework.(more…)
Earlier we covered Europe’s top 10 entrepreneurial friendly cities, today we hop across the Atlantic and visit America. These are the top 10 cities in the US for startups and entrepreneurs based on accessibility to capital, resources, network, and cost of living. While Silicon Valley, Boston and New York may all pop into mind as the de-facto places to start, we have some very interesting revelations. Sit back, and enjoy.
The following cities while not in the Top10 according to us, are definitely up and comers and should be looked into and investigated by any budding entrepreneur looking for a new location.(more…)