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ArticleNancy Duarte: Delivering a Solid Startup Presentation

Nancy Duarte: Delivering a Solid Startup Presentation

Nancy Duarte is a pro when it comes to startup presentations. Not just giving presentations, but starting them, finishing them, and every step in between. Author and co-founder of Duarte Designs, Nancy Duarte is a seasoned veteran when it comes to incorporating storytelling into speaking and creating connections with an audience.

The below video is the fourth part in a series of 10 in which Nancy shares the key components to making a successful pitch using creativity and critical thinking. Find out what she has to say:

Selling your message

Walking into a room full of investors and venture capitalists and selling your startup can be an intimidating task. Not only is a clear and well-organized message key to accomplishing the job, but how yo...



ArticleStartups Don’t Go Bankrupt – Founders Do

Startups Don’t Go Bankrupt – Founders Do

As startup Founders, we are constantly focused on making sure our fledgling companies have enough runway to grow. We believe that if the company’s bank account runs out, the company goes bankrupt and it’s game over.

But that’s not always true. It’s often not until your personal bank account runs to zero that your startup is truly done for.

The fact is that startups don’t truly go bankrupt until their Founders go bankrupt. The problem is that Founders are often so focused on the startup’s finances that they overlook their own ability to stay afloat in the process. I call this ability your “personal runway,” or the amount of time that you can stay alive and fed, regardless of the health of your business.

Back to Basics

I learned all abou...



ArticleStartup Pricing: It’s Not Always Right

Startup Pricing: It’s Not Always Right

The Price Ain’t Right.

As a startup company, pricing a project, your work or your time, is a difficult task, and one you will face from the get go in your business adventure. From experience, it is easy to underprice, and for whatever reason, easy to underprice regularly, again and again, and believe me, you will tire of concluding that “we are too fucking cheap!” after a while.

WHY STARTUPS UNDERPRICE WORK

Pricing work correctly is no easy feat, when you have to consider questions such as the following; What is the rate you want to earn? Should you charge day rates, rather than hourly rates? What would your wage be? (Note: you will want to write ‘ten million pounds’ here, unfortunately it is probably some way short of that.) What do your ...



ArticleCracking the Code on Startup Product Pricing Strategies

Cracking the Code on Startup Product Pricing Strategies

If idea validation is about taking your business idea for a test-drive, then pricing your product is where the rubber really hits the road.

This is it. You’re done piloting. You’re done validating. You’re really done living on Ramen in an apartment you share with five roommates. You’re ready to come out and tell the world: “I have a product or service that provides value – and this is how much my product is worth.”

Needless to say, product pricing strategy is an essential piece of the startup puzzle – and it’s a notoriously tricky piece to get right. There are about a dozen moving pieces you have to take into account. Getting them all aligned just right is like unlocking the most complicated combination lock ever.

Britt Crawford knows...



ArticleHow To Get Venture Capital Funding For Your Startup

How To Get Venture Capital Funding For Your Startup

Startups and venture capitalists are so closely linked in the tech world that it can be hard to think about one without the other.

We certainly wouldn't have our tech giants, like Facebook or Twitter or basically any other startup-gone-big you can think of without VCs. But, finding and getting venture capital for your startup can be daunting. Where do you start? How do you start?

Don't fret — we've got you. Keep reading for more information on how to get venture capital funds for your startup.

Before we dive in, let's make sure we understand a few terms:

VC Funding

VC funding is the process in which a company or individual invests money into a business in exchange for equity. This type of investment is most commonly use...



ArticleHow to Raise Venture Capital

How to Raise Venture Capital

When you start to raise venture capital for your company you’ll quickly find there’s a common process each venture firm utilizes.

Once the partners have agreed to make an investment in you, their offer will come in the form of a term sheet.

You have to appreciate the fact that these firms are constantly pitched by every entrepreneur with an idea, so their first order of business is to separate the serious entrepreneurs who want to raise venture capital from the crazy ideas they want to run away from!

Every entrepreneur looking to raise venture capital goes through roughly the same process. They start with an introduction to the firm, get invited to pitch, make their way through a few successive meetings, and eventually wind up pitching the ...



Article5 Crucial Aspects of A Successful Sales Compensation Model

5 Crucial Aspects of A Successful Sales Compensation Model

The first article in this 3-part series (How to Design a Killer Sales Compensation Model) introduced the concept of behavioural theory and how it affects sales compensation design. This second article discusses how compensation packages suit different stages of company and product evolution.

The main challenge with designing a sales compensation program is the primary sales role constantly evolves as the company grows and the market matures. The following diagram, courtesy of The Alexander Group, explains the four phases of growth and how this impacts the business.

Phase 1: The Start-Up Phase

In the Startup phase, brand awareness is low, and companies strive for a foothold in the market. The salesperson must have an entrepreneurial drive ...



Article7 Lessons ‘Planet of the Apps’ Taught Me About the Startup Pitch

7 Lessons ‘Planet of the Apps’ Taught Me About the Startup Pitch

As the founder of a start-up and new app, I’m in the position of being in a brand new position over and over again.

Pretty much daily, in fact, like all entrepreneurs, I’m confronted with a barrage of new questions that require research, testing, intuition, and unforeseen obstacles that keep me up in the wee hours of night.

“What’s the right minimum viable product? Which feature will drive active users most? How do I get event insurance? Do I have the right ASO? Which marketing spend is most efficient? Can I remain mission-driven while monetizing?”

So many new things to learn, so much to navigate.

It’s those endless beginnings, however, those unknown situations when I’m standing on the edge of foreign terrain with no roadmap that keep me ...



ArticleHow to Mix a Family and a Startup

How to Mix a Family and a Startup

We've all been there.

Sitting at our desk as this dark cloud of guilt begins to swirl — yet again — knowing that we're about to choose whether we're going to finish this one critical project at work or make it on time for dinner. Or a soccer game. Or any event that our families are counting on us for.

Do we fail the startup or do we fail the family? We're going to fail someone. Guilt is a constant, the only variable is the source of the guilt.

If this sounds familiar, it's because nearly every startup Founder wrestles with this problem on a daily basis.

We're not just working at jobs — we're trying to survive long enough to even get a paycheck. Everything we have is on the line, including the welfare of the very people we're running hom...



ArticleFeeling Like a Founder Fraud

Feeling Like a Founder Fraud

Founders, when we look in the mirror what do we see?

I don't mean that haggard shell of a complexion that looks like a time lapse video of decaying fruit. I mean do we look in the mirror, squint really hard through bloodshot eyes and say:

"Welp, that's it. Today's the day everyone is going to find out how big of a Founder fraud I really am!"

That's right.

Today's the day our investors find out we have no clue how we'd ever grow this company to an exit. Today's the day our customer calls us and says "There's no way I should have put my faith in you!" It's the day we finally admit to our staff that we were never 100% certain we should have told them to join this company.

Yep, today is the day that everyone reveals us for the fraud that we tr...



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