31 min
Start Up Secrets Revealed - #61 extrakTALKS with Dr. Jon
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- Education
Startups need to know the ins and outs of their business. Are you able to answer these key questions.
Why should investors invest in you?You need to articulate what you are doing? and why are you doing it? In order to get investors, you need to be the expert and know your numbers.Give your investor and customer what they need:
Educate: Need to know the process details, costs, risks, formulas, recipes, documentation, qualityReduce: Reduce confusion over conflicting information form vendorsClarify: Clarify recommendations from consultantsCost: obtain highest value at lowest costQuality: Have equipment produce the highest quality and flexible oil optionsCompliance: Help navigating compliancyExperience: Need someone with experience to put it all togetherKeep the company management and ownership small
Know your 3 year picture of where you want the company to go. Fill out the Entrepreneurial Operating System (EOS) to get the bigger picture.
Startups need to know the ins and outs of their business. Are you able to answer these key questions.
Why should investors invest in you?You need to articulate what you are doing? and why are you doing it? In order to get investors, you need to be the expert and know your numbers.Give your investor and customer what they need:
Educate: Need to know the process details, costs, risks, formulas, recipes, documentation, qualityReduce: Reduce confusion over conflicting information form vendorsClarify: Clarify recommendations from consultantsCost: obtain highest value at lowest costQuality: Have equipment produce the highest quality and flexible oil optionsCompliance: Help navigating compliancyExperience: Need someone with experience to put it all togetherKeep the company management and ownership small
Know your 3 year picture of where you want the company to go. Fill out the Entrepreneurial Operating System (EOS) to get the bigger picture.
31 min