The vc power law

The VC Power Law

Too many founders are applying to VC Funds not knowing their expectations and then wondering why they are rejected. The problem is that they don’t understand the VC power law. It’s a different ball game than pitching to Angels. Angels are happy with the potential for a 10x return, for VCs, they have to see…

My cofounder’s stake, objectively. Part 1.

Oftentimes, we explore various combinations of ownership in our ideas and businesses. And that leads to an uneven split for a variety of reasons. Here, we’re discussing ways to split the pie objectively and the excuses that prevent us from doing that. Equity, or ownership, is a way to fund your idea. Every entrepreneur commits…

How writing will increase your sales?

How writing will increase your sales? When you think of sales, you probably think of that sleazy car salesman who polishes out the rust marks. But the new online world has brought on a different way of doing sales. From videos to social media, there are many ways to sell on the internet without being salesy.…

Pitching Nuclear Waste Disposal

Pitching Nuclear Waste Disposal – Start At The End

Pitching insights #1 Start at the end #2 Keep it simple and focus on how people benefit #3 Avoid complex details when talking to non-specialists Improve the pitch I was part of a great conversation with three other business owners — we were sat having a post-dinner drink at the Chinaccelerator mentor dinner after the…

CRO-copywriting

CRO Copywriting: Your Guide to Copy that Converts Like Mad

Don’t be too quick to dismiss CRO copywriting as yet another acronym invented to make you feel that you need to start everything from scratch. The truth is that if you hired copywriters worth their salt, they are already using it, albeit they might call it something else. In fact, I find the name to…

Future of Venture Capital Investing

The future of venture capital

Future of Venture Capital Investing with changed market dynamics The 2008 global financial crisis accelerated the existing trend toward a more technology-based economy. This led to a large number of startups and a new generation of entrepreneurs and investors. The democratization of venture capital was pushed even further. The pandemic had a dramatic impact on…

Entrepreneurship as a career

Entrepreneurship as a career option

In the past few years, several universities have been offering entrepreneurship as a career option. These universities are not just offering entrepreneurship courses, but also offering venture capital courses that can help students become entrepreneurs. Entrepreneurship is an opportunity to grow “Entrepreneurship is not a path to riches and fame. It is an opportunity to…

Validating your business
  • Blog
  • September 25, 2021

Validating your business idea for future success

Solving Real-World Problems Why do so many startups fail in the first five years? Often it’s because they haven’t fully validated their business idea before they charge forward. It’s common for founders to be filled with passion and optimism, and make some mistakes when it comes to research. The first step is to ensure that you’re solving…