Pick My Brain + Fundraising Mistakes Founders Make + Top 3 Challenges & Solutions For Scale-ups
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This week, founders part of this community joined our 1st Ask Me Anything Session 🎉
We covered:
Fundraising, what investors expect, and how to build relationships with them
Sales, pricing models, pricing strategies, margins, and how to increase your prices.
→ Every month I host 60min live QA sessions to help founders gain more speed and clarity on fundraising and scaling.
→ Next session is on THURSDAY 22ND OF JUNE 3 PM CET
→ Become a paying subscriber to join
What founders say about yesterday´s session 👇
Thank you to those who joined and for taking action toward achieving your goals!
I am here for you 🙌
Fundraising Mistakes Founders Make
A 13 min interview hosted by my friend Jeremy, VC Investor, and Founder mentor. We talk about top mistakes founders make when fundraising and what investors expect.
His content is a gold mine💰. Find him → on LinkedIn.
His focus is on how to create the VERY best founders in the shortest time possible across fundraising, operations, personal development, and more!
I am an investor in 70+ companies. And today, I received a sad email.
At first, I seriously thought it was a joke. I was reading the email, waiting for the twist 'Just kidding!'.
It didn´t happen.
Today, one of the companies I invested in sent an email to its investors announcing they are shutting down.
This was one of the shining ⭐️ in my portfolio.
Since last summer, they achieved impressive milestones:
100% client retention
Maintained 15% m-o-m growth
Tripled their assets under management to €1.8M (they are a fintech).
Strong online presence, and more.
Yet, they are shutting down. They mentioned some reasons:
VCs skeptical of their ability to scale.
Difficult and hostile market conditions.
VC interest is currently heavily focused on AI 🤖
How should you deal with your investors when this happens?
I know it is not easy. But please, deal with it BEFORE it happens.
Always communicate with your investors, both about the good things and the bad things. They might be able to help.
Call them, reach out. Always consider your investors as part of your team. Ask for help.
Think long-term. If you have a good relationship with them based on trust and transparency, even if you go bankrupt, it doesn't mean they won't invest in your next venture or won't speak to you again. If you have been open with them, they will understand you (because they have been part of the process) and trust you again with their money
It is terrible news to hear that a company is shutting down, even more, when investors realize that they could have potentially offered assistance if they had known about the challenges.
Whether they can help or not, give them the opportunity to do so.
Top 3 challenges & solutions for scale-ups
Trying to grow fast without the right processes and structure in place, is like building a house without a solid foundation.
At TheVisionaryVc, we invest in and collaborate with companies getting ready to scale globally 🚀
Through a 360-degree assessment, we create an action plan + provide tailored advice to help companies achieve their goals. Together we work on:
New market entry
Pricing and sales strategies helping you increase your revenue
Data analytics and data-driven decision-making processes
Process/workflow optimization and automation
Team management
Investor and VC fundraising
And more.
Getting ready to scale in your country or internationally?
I am going to shed some light on the top 3 challenges SCALE UPS often face, along with solutions. 💪🏼💼
Challenge #1: Team Expansion 🚀
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