One of the big mistakes entrepreneurs make when they are pitching their startups to investors is focusing only on the short term problem they are solving. However, your company isn’t investable unless you explain your vision too. In today’s video, I’ll show you how to present your vision to investors, so your startup can get…
I was visiting with my Mom a few years ago. My Mom said to me, “I found this picture from years ago. Do you remember it?” Do you want to grow your business? Maybe I can help. Click here. I looked at the picture and smiled. I did remember it from when I was a…
Nonexistent. Take it from someone who had a COO co-founder, you don’t need a COO when you’re starting a company. I added a COO as a cofounder to my company. He was talented, had tons of experience and knowledge, and he helped me secure funding. Do you want to become a better startup CEO? Great!…
“I hate high margin businesses!” That’s what one of the most famous VCs in the Silicon Valley said to me when I was pitching him to invest in our high margin business. I was stunned when he said this to me the first time. After all, aren’t high margins good because the business will be…
“I hate high-margin businesses,” one of the most famous VCs in Silicon Valley told me during my pitch. “There’s not a hope in hell this guy’s going to fund us,” I thought to myself. I ignored his comment, and I continued on with my presentation. So what did this world-renowned VC mean? I asked one…
There are so many things I wasted my time on when I started my company. Some of them were silly, and some of them were downright stupid. Let me start with the most controversial thing I shouldn’t of wasted my time on, and that was hiring a Vice President of Sales. Not only did I…
I have watched hundreds of entrepreners pitch their startups and fail because the CEOs make killer mistakes. The sad thing is these mistakes are avoidable and easy to fix. In today’s video, I’ll show you what these mistakes are and how you can fix them. I hope you like it. Do You Want To…
I felt like the biggest fraud in the world. My co-founders, “Jim” and John”, had just quit three months after we started the company. John said, in his parting comment to me, “I know better how to build a analog IC company than you do.” In other words, John was saying, “We don’t need you.”…
Do you know about the theory of rational thought? The theory of rational thought has at its core the basic assumption that people will act in a logical manner. Now, if that was true, then a great startup CEO would have much more power than a board of directors because a great startup CEO is…
You have, maybe, 7 seconds to make an emotional connection with investors. If you fail this critical step, your window of opportunity is gone, and it gets infinitely more difficult for you to raise your funding. Most startup CEOs start their pitches slowly, and lose their investors attention, and their chance to raise funding. Worse…