117 Success is multidimensional Money Fulfilment Experience Independence Impact Status Network Family Legacy
Strategic planning: Global Family Business Survey 2016: PwC
127 Sometimes you win, sometimes you learn
102 “Google/Facebook/Amazon/Apple will launch a similar service and kill you” Google buzz (2010) to compete with Twitter (...
97 Competition means there is a market Rejoice!
82 Opportunistic ≠ strategic You can either pursue every opportunity - in which case you’re not really deciding where you’...
74 Fundraising is a milestone, not a success
73 Dumb investor: money Smart investor: money + network + visibility + experience
38 How many founders? 1 founder hard 2-3 co-founders best 4+ co-founders complicated
Startup = idea + execution + product + team + luck 20
41 Clarify everything (cap table, salaries) on day one, especially if you’re working with friends
21 Talk about your idea to as many people as possible You will get feedback, challenges, referrals, unexpected connections
40 If you’re not comfortable giving equity to someone, they shouldn’t be a co-founder
22 Great ideas have lonely childhoods. The more disruptive your idea, the less people will understand it.
42 Define on day one what happens if a co-founder leaves
Vantage Group Info Retail Marketing Consultants
• Succession is a process; not an event • Start discussions early • Understand different perspectives • Don’t underestimat...
6 Steps To A Successful Business Transition 1. Build Your Team 2. Determine Your Required Net Proceeds 3. Get A Realistic ...