startup cfo - why your startup will succeed
Post on 21-Oct-2014
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A brief moment of optimism from an otherwise glass ½ empty kind of
CFO…
Why Your Startup Will Succeed!
www.startupcfo.ca
YOU SERVE A REAL NEED
Copyright © 2009- Mark MacLeod
This… Not this…
You provide real value to your users. If you don't do this, stop reading, because you WILL fail
YOU KNOW WHAT MATTERS
Copyright © 2009 - Mark MacLeod
You spend all your time improving the experience and engaging users:
There's no magic secret. You just need to hustle. Constantly improve (i.e. simplify) the user experience. Constantly reach out to users. Listen to them. Talk to them. Turn them into ambassadors.
WE’RE AL THE SAME!
Copyright © 2009 - Mark MacLeod
These guys were all nobodies before they became somebodies.
SMART MONEY IS INVESTING
Copyright © 2009 - Mark MacLeod
Who's the smartest investor around? Warren Buffet. What's he doing? Putting billions of $ to work.
Smart investors are active - NOW!
YOU DON’T NEED VC$The cost of starting and getting to market is
going down all the time. If you're a web startup, you probably don't want VC$ anyway. Sell services, sell your body. Raise angel $ - get going! Don't believe me -ask SocialMedian.
Copyright © 2009 - Mark MacLeod
NOBODY KNOWS ANYWAY!
Copyright © 2008 - Mark MacLeod
Nobody knows which startup will succeed or fail. Remember, Skype was turned down by over 40 VCs before it went on to exit for more than $2B.
YOU’RE AN ENTREPENEUR!
You’re not some guy in a cubicle forgetting to put covers on TPS reports
You’re an entrepreneur. No matter what people tell you, you’re on a mission
Copyright © 2009 - Mark MacLeod
YOU’RE PASSIONATE!This is a bit redundant, since ALL successful
entrepreneurs are passionatePassion is key. You won’t win without it –
but you know that
Copyright © 2009 - Mark MacLeod
THANK YOU!
Copyright © 2009 - Mark MacLeod