Seneca once said that “Luck is where preparation meets opportunity.” I truly believe that we can help luck along by being prepared for opportunity when it knocks.
And one of the must-have tools in our storytelling arsenal is the infamous Elevator Pitch – or the “Quickpitch” as I often dub it. And you never know where the opportunity might knock – at a networking event, in an Uber Pool, or even in line for coffee at Starbucks.
If you find yourself conversing with someone who could be a potential investor/user/partner/connector – are you ready to pitch them in a fast, powerful way?
I heard the amazing Susan Wojcicki, CEO of YouTube speak this year, and she said that it usually takes people about 15 minutes to explain to her what they do and w...
Don’t miss out! Check out the previous chapters here:
–Chapter One
–Chapter Two
–Chapter Three
–Chapter Four
–Chapter Five
Before we bid adieu—We would love to share something that could really help you and it takes literally 15 minutes to implement, and will save you countless hours of time in the future.
Email footers are generally one of the most poorly utilized pieces of daily communication. Think about it for a second. How many emails have you sent and received? Of the received emails, how many footers have you paid attention to?
None, right?
That’s because most people eith...
Microloans are small loans that businesses that can't access traditional loans or other finance options. It could be because they don't have any — or great — credit. It could be because their businesses aren't very established yet or they're locked out of the traditional financing options for a variety of reasons. They're usually short-term loans, with low-interest rates.
Microloans started in Bangladesh with economist Muhammad Yunus in the early 1980s. It was primarily to help people in developing countries who didn't have access to traditional small business loans. Access to a microloan program gave them funding to start businesses and raise themselves out of poverty. There are now a huge range of microlending options w...
-How and why you should auto-confirm every meeting
-Adding smart metadata to each calendar invite
-Our example of a contact dossier
There are only two things cooler than walking into a meeting being perfectly prepared.
Short of those two things—seriously—nothing is cooler.
So now that you’re ready to be cool, let’s show you how to prep beautifully for meetings.
They say the worst meeting is the one where you’re the only attendee. We’ve all had this happen, it’s not just you. The first step of prepping for meetings is to make s...
Fail fast. Fail forward. Those are just two of the mantras you’ll see hanging in startup offices and incubators across the globe. In the startup world, a failure is considered a learning opportunity, at the least; a feather in the cap of the Founder, at best. We fetishize failure. We normalize it.
But as much as we talk a good game about failure, the reality is that failing sucks. Just as no one goes into their wedding day planning for divorce, no one starts a company thinking, “Yeah, this one will just be my starter. I’ll get it right next time.” No wants to fail, and yet the majority of startups do fail.
According to an examination of startup businesses (by which they mean new companies in general) in the United States conducted by Stati...
Interest in content marketing has exploded over the past decade, with good reason. It works.
A study from Conductor showed that education content makes consumers 131% more likely to buy. But it’s not just for B2C, with B2B brands seeing value, too. And it works, for less. One estimate claims content marketing costs 62% less than traditional marketing, while generating approximately 3 times as many leads.
Sounds like an easy decision to get on board with.
Before we dive into how to do content marketing, let’s take a step back to rehash what it is. We’ve heard all about content marketing and how awesome it can be for your business (see above!). But let’s be clear on what we are talking about.
Content marketing is st...
The conventional wisdom in the startup community these days is that to create a successful startup, you need to move at breakneck speed in everything you do.
And, to facilitate this, you should consume as much money as you can get your hands on along the way to make sure you’re removing all obstacles from getting to market. The perception is that if you move too slowly at the beginning, you’ll miss the market and, even worse, you won’t get funding.
But, is this correct?
While we completely support the idea that getting a great product to market as quickly as possible is a cornerstone of startup success, we just don’t buy that frenetic speed is the best way to do it. It’s not what has worked for us, nor for any of the successful startups we’...
If there is one quintessential task a startup CEO needs to be in charge of is not letting the company running out of money. Being on top of your Financial Model and business budget can make a difference and can enable managers and founders to make game-changing decisions. To give you an example, about nine months ago a quick prediction in our financial model enabled us to make our company profitable while duplicating our marketing budget.
The spreadsheet we use is an evolution of a template created by our investors at Carao Ventures. Over the years, I’ve simplified it to remove unnecessary modules and adapted it to serve the purposes of our SaaS business model. I’ll elaborate on the main features we used to make the model work in our favor-...
Trying to figure out a way to make those big startup business goals reachable? Not a fan of visual mapping or assigning each of your goals to a hierarchy?
Well, you’re in luck. Setting S.M.A.R.T goals is a tried and true method that has worked for a lot of people.
The idea of S.M.A.R.T. goals traces back to 1981 — so the meaning has changed a little big over the years. Originally, the acronym stood for
Specific
Measurable
Achievable
Relevant
Time bound
Over the years, different meanings have been added to those letters, but we’re going to stick with the old school, for now.
Let’s start with “Specific.” When you’re figuring out if your goal is specific enough, ask yourself the five “W” questions: Who, why, what, where and which. Fo...
One of the biggest reasons that a startup’s marketing initiative fails is because they aren’t treating potential customers like people. It’s an easy mistake to make.
When you have target KPIs to meet, you need to be thinking in terms of numbers and metrics. But if you start seeing the world merely through the lens of numbers and begin to neglect the human element, your message is unlikely to connect with your target audience.
What’s the solution? Buyer personas.
Buyer personas are fictional representations of your ideal customers, based on real data and categorized by market segment.
When you envision a composite “person” as you’re creating your marketing content and messaging, you’re more likely to create something that’s relevant and mea...