Founders LISTEN: Purpose importance for investors of early stage startups summarized:
They want...
1. to ensure overall vision alignment.
2. to know employees feel they have a sense of purpose.
3. to ensure they're supporting the right founding team.
Purpose breeds profits.
#founders
Remember, traction is not unique to revenue or user count.
If you want stable and sustainable success, focus on developing an efficient business model, not just flashy sales tactics to get chaotic user growth too early.
One common reasons companies fail to get funding are:
1. No traction
2. Bad team
3. No clear strategy
Yet founders tend to forget traction does NOT ONLY mean revenue & users
Traction can take the form of:
1. Waitlists
2. Testimonials
3. Steady stream of users
4. Retention
3 tips to leverage competition for your benefit:
1. Look for the value your competitors give you.
2. Identify their failure points and strengthen your venture to fill these gaps.
3. Ensure their strengths are not your weaknesses.
The presence of competition is not a bad thing.
It is an opportunity to prove product-market viability, fill market gaps and identify competitor's weaknesses.
Looking for a connection-making opportunity? We're hiring a Strategic Opportunity Partners in the Pharmaceutical sector to help us strengthen our global procurement division. ๐
Interested in learning more - toss me a DM, or apply here ๐
https://t.co/6BImIknJdi
Energy aficionado? Join the @themokengroup team as a Strategic Opportunity Partner specializing in the oil & gas sector. We're seeking liaisons to foster & procure global deals through our resource procurement division.
Sounds like a fit? Check it out ๐
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A winning operational system for your company.
Consistency & Discipline.
It works in every division and you see impact from each and every implementation.
Language matters. The form of how you present something can make or break success in any situation.
Examples of situations where language makes or breaks the desired outcome:
- Positioning
- Branding
- Arguments
- Teaching
Be conscious of language & align with your end goal.
Value your time? Value your ability to succeed?
Fall in love with automation optimization and systemizing your success.
The sooner you do the more seamless your life will be.
Organize your chaos.
Have a strong network? A leader in the defence sector? We're looking for Strategic Opportunity Partners to procure national and international security and defence opportunities at @themokengroup
Intrigued? Learn more here ๐
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To succeed, you need to make your product the most simplistic, easy to use, problem solving item possible.
Be SO GOOD at the solution they can't say ignore you.
Never provide anything but 10x value in comparison to the price. Always.
Innovators. Stop selling features.
No one cares how the flashy new feature. They care about IMPACT & the ROI it has on THEIR business.
Your customers are selfish. They care about how the product helps achieve their needs & goals. You can't be selfish too in the same moment.
Focus on increasing the velocity of decision making WITHOUT compromising quality or outcome.
Fear analysis paralysis, founders.
The only thing moving you closer to growth and scaling towards success is taking action.
Innovators, analysis paralysis kills. โ ๏ธ
So, learn to make decisions with less information. NOT NONE, but with less.
Don't be paralyzed by the unknown or a non-definitive answer.
Experiment and explore.
Simply by focusing on getting 1% better ever-day through optimizing efficiency, improving your operational output, and leveraging systems to help you through the 'need to do's' is what can make or break you and your organizations success.
Developing my own personal 'Systems for Success' has allowed me to gain back over 12 hours of my life per week through automating my workload, systemizing recurring tasks, and creating optimized workflows.
DM or follow me, I'll teach you how.