how to fund your startup
DESCRIPTION
FEATURED COMPANIES/FOUNDERS: - Her Campus Media: Windsor Hanger: https://www.33voices.com/interviews/building-the-1-online-community-for-college-women - GiveForward: Desiree Vargas Wrigley and Ethan Austin: https://www.33voices.com/interviews/raising-100m-for-medical-expenses - ZinePak: Brittany Hodak and Kim Kaupe: https://www.33voices.com/interviews/elevating-entertainment INSIGHTS: GiveForward: - Donor fatigue is inevitable - To avoid it, social enterprises should start out with a for profit model. - To operate at lower margins, scale revenue at the same rate as your product. ZinePak: - Ideas don’t indicate success - Show them the numbers. - To operate at a low overhead, use a creative layout for your finances - Try extending due dates or paying in installments. Her Campus Media: - The difference between an idea and a business is how you make money - Monetize from day 1. - Be proactive - Reach out to partners who can help you achieve your goals. - Adapt your business strategy to clients’ needs - When they ask for “x” find a way to deliver. - The end game is simple - If you wouldn’t pay for the service, others won’t either. CALL TO ACTION QUESTION: How do you monetize your business?TRANSCRIPT
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INSIGHTS FROM SUCCESSFUL FOUNDERS
How to FUND Your Startup
This presentation consists of insights from 33voices® interviews hosted by:
@ChaseJenningsExecutive Producer
@JennaAbdouProduction Manager
featured founders:
DESIREE VARGAS WRIGLEY & ETHAN AUSTIN
GiveForward
KIM KAUPE & BRITTANY HODAK
ZINEPAK
WINDSOR HANGER
Her Campus Media
WATCH THE INTERVIEW | ZinePak
use a creative layout for your financesTo operate at a low overhead.Try extending due dates or paying in installments.
WATCH THE INTERVIEW | ZinePak
Ideas don’t indicate success;Show them the numbers.
WATCH THE INTERVIEW | GiveForward
Visit GiveForward.com
Donor fatigue is inevitable.
To avoid it, social enterprises should start out
with a for profit model.
WATCH THE INTERVIEW | GiveForward
Visit GiveForward.com
To operate at lower margins,scale revenue at the same rate as your product.
WATCH THE INTERVIEW | Her Campus Media
Monetize from day 1.
The difference between an idea and a business
is how you make money.
WATCH THE INTERVIEW | Her Campus Media
Be proactive.Reach out to partners who can help you achieve your goals.
WATCH THE INTERVIEW | Her Campus Media
Adapt your business strategy to clients’ needs.
When they ask for “x,” find a way to deliver.
WATCH THE INTERVIEW | Her Campus Media
The end game is simple -If you wouldn’t pay for the service,
they won’t either.
How are you funding your startup?Tweet us at @33voices & we’ll include your
insight in our weekly newsletter
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