Start Up Secrets Revealed - #61
Update: 2021-12-21
Description
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, quality
- Reduce: Reduce confusion over conflicting information form vendors
- Clarify: Clarify recommendations from consultants
- Cost: obtain highest value at lowest cost
- Quality: Have equipment produce the highest quality and flexible oil options
- Compliance: Help navigating compliancy
- Experience: Need someone with experience to put it all together
Keep 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.
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