Posts Tagged ‘investing’
Master the money game: How do you make money? How do you spend it? (5/6) 🤑
Investor pitches need financial information, and so does your business plan. The simple question: “Can I afford it?” has to be a part of every decision you make. There’s more to this question than how much money you have. It’s about how your money behaves. Work with an expert, or do it yourself but make…
Read MoreWhy you have to write an investor presentation, even without investors 👩🏫
What are you doing this week to work ON your business, even for half an hour? How about starting a new investor presentation? What’s that you say: you don’t have investors? Well, that’s not the point. I want you to write this for you and your business. But isn’t it meant for investors? Yes. In…
Read MoreHow To Attract Investors To Your Ideas
In all the forums and advice groups in which I participate, this question (and its many variations) is a common one. Not all businesses look for investors, but the answer to this question serves business owners in general planning as well, so it is always worth addressing. Indeed collecting the information you may need to…
Read MoreExit Planning: Can Your Business Run Without You?
You use your craft to start your own business; it lives; it grows. And at some point, you also want it to work without you. At some point you will want to exit. Whether looking to leave the day to day completely, or rather focus only on certain activities, at some point the business will…
Read MoreMake Money or Raise Money
I recently had occasion to revive this Gary Vaynerchuk classic quote: Make Money: Don’t Raise Money As business mantras go, this one is pretty powerful. In this case Gary Vee has two main points in mind: the importance of sales capabilities, and the sustainability of the VC culture (which he questions). There is a more…
Read MoreBusiness Planning – Why It Matters
Hey, let’s build a business plan today, doesn’t that sound like fun? Not many people want to write business plans. And yet, they are important. Look at the three primary reasons why new businesses fail: Lack of Market Opportunity Ineffective Cashflow Management Hiring the wrong people Every other reason also stems from these three. And…
Read MoreTelling your Story
When to use your Mission Statement. There are three core audience categories for a mission statement – other than the business owner him- or herself: Employees Clients Investors and Executives Find out how using your Mission Statement to serve these three audiences will enhance your business success. I have introduced the concept of Mission Statements:…
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