I was moderately surprised when Professor Warren McFarlan said at our first Accounting class at the HBS GMP program,”if there is one thing that I would like you to remember from my class, it’s that cash flow is king.” Then he showed us the short clip of Cuba Gooding dancing “Show me the money” in … Continue reading Cashflow is King. The importance of positive cash flow.
Have spent the past two plus months preparing various EF companies on fund raising. Thought I would just write down some thoughts here. Fund raising is a sales process - build your funnel, contact, follow up. The works. **Do not take rejections personally. It’s not end of the world. Move on. Ideal time to raise … Continue reading 7 fund raising tips for startups
Yesterday I was on a panel sharing with Khailee, talking about founder well-being. The panel was part of a 500 startup course on startup growth and founder mindsets. Then I sat in for the afternoon session on "founder fears, anxieties, identities, attachments" facilitated by Justin from the Good Culture. This morning, I woke up to … Continue reading Founder fears and stresses: A Long Submarine Ride
Angels provide pre-seed fundings to startups to aid their early stage developments. Angels can come together to invest as a group for various benefits. For one, it is a great vehicle for angels to learn from the each other (typically the lead) and also allow angels to cut smaller cheques especially if they are dabbling … Continue reading What is Angel Investment Syndication?
I was watching a documentary on women entrepreneurs in China. Almost every other statement in the documentary was asking the women entrepreneurs if they found it harder as a woman in this journey, if being a man would make their business life easier and so on. I am not sure if there is a cultural … Continue reading Is it really harder for women to start up a business?
This came up when lunching with a friend a few days back. Truth is, I thought it needed a lot of money too. I never thought to angel invest and for me, it was a natural progression from my startup mentoring and advising work. Der Shing and I saw angel investing as a way to diversify … Continue reading How much do I need for angel investing?
This has been bugging me for a while. Seems like a lot of people expect / behave as if everything is free in the startup ecosystem. On one hand, free advice, free space and free mentorship. And on the other hand, when you are a new company, you are expected to offer free trials and … Continue reading Everything for free?