CoFounder at Panthera Advisors I Fundraising I M&A I 2x Best-Selling Author I Podcast Host
𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗳𝗼𝗿 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀: 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗼𝗿 𝗙𝗼𝘂𝗻𝗱𝗲𝗿𝘀 This guide by Joris Kersten covers the essentials of startup financing, helping entrepreneurs turn ideas into successful businesses. Key takeaways include: 1️⃣ Startup Financing Stages: Learn about bootstrapping, building an MVP, and scaling with early-stage funding from angels and VCs. 2️⃣ Crafting a Pitch Book: Develop a business plan with a financial section that includes profit/loss, cash flow, and balance sheet estimates. 3️⃣ Estimating Sales: Use marketing tools like the 4 Ps and conversion rates to predict sales performance accurately. 4️⃣ Understanding Costs: Plan for fixed costs like rent, salaries, and R&D, and calculate working capital needs like stock and receivables. 5️⃣ Worst-Case Scenarios: Always prepare for contingencies by modeling multiple financial scenarios. PS. check out 🔔 for a winning pitch deck the template created by Silicon Valley legend, Peter Thiel https://lnkd.in/ejp-Bhnu
Stacey Body
3mo
Hey Alejandro, awesome insights here! You know, one thing that gets overlooked is how founders can use community building early on as a form of "social capital." This not only helps in scaling but can be pivotal when you're pitching to investors who value strong customer loyalty. Thoughts on integrating this into pitch strategies?
Kenan Causevic
3mo
enterprise-ai.io AI fixes this (Code complete projects in PHP or Python) Finance guide for startup founders.
Great breakdown of the fundamentals! Also, key shoutout to the 'worst-case scenarios' bit. Planning for the unexpected is what keeps startups alive when things don’t go as planned (which is often!)
This is very comprehensive and gives a great list of questions Founders should be thinking about-----Finance is the heart of a start up along with Foundation, Framework, Future, and Forward Thinking (the other 4s I do for coaching). Thanks for sharing.
Working on something new - Daily tips for AI & Automation.
3moThank you for highlighting these key takeaways, they will certainly empower entrepreneurs to build stronger, more resilient businesses. Alejandro This post offers invaluable insights for founders navigating the complexities of startup financing. Alejandro, it's refreshing to see such practical advice being shared—especially the emphasis on preparing for worst-case scenarios, which is often overlooked in the excitement of launching a venture.