Let’s talk about fundraising.
A lot of first time founders hit the fundraising trail without a game plan… they do a full court press on investors and end up falling flat.
Make no mistake - fundraising is a game of chess.
Here is my 6 month Fundraising Playbook [a thread ⏬⏬]
Driving for Uber, Lyft, or Instacart is a quick way to earn extra cash. 🚗 No specialized skills needed—just a car, smartphone, and some time. Perfect for balancing other commitments! Just factor in gas and earnings to ensure it's worth it. #GigEconomy#SideHustle
Driving for Uber, Lyft, or Instacart is a quick way to earn extra cash. 🚗 No specialized skills needed—just a car, smartphone, and some time. Perfect for balancing other commitments! Just factor in gas and earnings to ensure it's worth it. #GigEconomy#SideHustle
Two brothers thought they were making a profit selling watermelons, but they missed the cost of gas. They were actually losing money! Know your CAC—calculate your costs before scaling to avoid mistakes. 💡 #CAC#BusinessStrategy#CustomerAcquisition
Struggling with onboarding? Charge fees to cover the costs of training your customers. It’s fair, and customers don’t mind as much as you’d think. It helped Ben scale faster without draining resources. 💡 #OnboardingFees#StartupGrowth#BusinessStrategy
The quicker you recover your CAC, the faster you grow. To calculate your payback period, divide your CAC by your MRR per customer. Aim for a payback period under 12 months—ideally 6. Want faster growth? Try upselling, annual contracts, or lowering CAC. 💡 #BusinessGrowth#CAC
Over-dilution can make you feel detached from your own company. Protect your equity—keep enough to stay motivated and aligned with the long-term vision. A smaller slice of a bigger pie is still a win. 💪 #EquityOwnership#FounderMindset#BusinessGrowth
You don’t need a groundbreaking idea to start a side hustle. Monetize your existing skills by solving real problems for others. The demand is already there—you just need to fill the gap! 💡 #SideHustle#Entrepreneurship#BusinessGrowth
The 80/20 Rule applies everywhere—from business to crime rates. Focus on the 20% that brings 80% of your results. At Forecaster, we found 80% of customers come from just 20% of partners. Simple but powerful! 💡 #ParetoPrinciple#8020Rule#BusinessGrowth#Focus
When I first started, I took a big pay cut to seem scrappy, but it only added stress. Now, I pay myself fairly. Founders, it’s important to balance hunger with fairness—pay yourself a reasonable salary! 💸 #FounderLife#PayYourself#EntrepreneurTips