Discover and read the best of Twitter Threads about #Founders

Most recents (24)

Rejection hurts. There's no denying it.

But just because your business pitch was rejected by a venture capitalist (VC) doesn't mean that your startup is doomed.

In fact, getting rejected can be a good thing. It can help you learn, grow, and become a stronger entrepreneur.

🧵
Here are three things to do when your business pitch is rejected by a VC:

1. Don't take it personally

It's easy to take rejection personally, but it's important to remember that it's not about you as a person. It's about your business pitch.
Maybe the VC didn't like your idea, or maybe they didn't think your startup was ready for investment.

Also remember,  VCs are bombarded with pitches every day. They can't invest in all of them, so it's not surprising that most pitches are rejected.
Read 8 tweets
Our co-founder @JKim_Tran shared about #NFT utility from a #dev perspective at @openwebfounders.

👇Here is what you can learn about #web3 #dev when building for #NFTutility.
Building for #NFT utility requires multiple features.

You need to build for NFT #distribution, #data, and #validation, or partner with other platforms for different features.
When choosing #web3 dev tools, here is an evaluation checklist:

1) Other platform #adoption
2) Can they keep up with your growth? Does their #roadmap align with yours?
3) How to get help?
4) #web3community is small. Can you get a direct line with the #founders?
Read 6 tweets
the power of community.
🧵👇
lately i've had hesitation from posting much on twitter. aside from focus on building head down, i think the bigger reason is b/c of the fear of unconstructive comments.

ie. "oh ur project floor is dropping, get back to work!"
i know this isn't necessary personal to me, but rather overall nature of the industry.

so instead i focus on diving deep into our community to have a closer pulse of whats going on and their sentiment. really uncovering the root cause.

thats when i started #founders-corner
Read 9 tweets
1/ How To Find Focus As A Solo Founder

#startups #founders #coders #indiehackers

Imagine being able to sit down and focus on your most important tasks that translate your time into direct measurable success

Here’s how:
2/ Being a Solo Founder who has trouble focusing means that you get less done than you want which in turn makes your business less successful than you'd like.
3/ Imagine being able to sit down and focus on your most important tasks that translate your time into direct measurable success. You would work through your to-do list steadily and effectively without worrying you are working on the wrong thing.
Read 18 tweets
1/ How To Schedule Your Time As A Technical Solo Founder

#startups #founders #coders #indiehackers

Here’s how: Image
2/ As a technical solo founder, getting the right things done in the right amount of time means your company survives instead of crashes.
3/ You want to have a good system in place to do this so that you can get your product out of the door, set up a sales system that works for your product, and a way to generate demand without making you overwhelmed and anxious.
Read 20 tweets
#AfricaTech #Reflections: So boards and DD aren't 'cool' anymore I hear. Both are wasting #founders time, and entrepreneurship is all about 'move fast and break things'. So - some #oldschool stuff here - or as they say, yes... *BUT*... (thread 🧵👇)
1/ Two different topics - but very related. So starting from DD, and will develop thoughts from there.
We are still in the 'money falling from the sky' era to an extent. Public markets are in the deep red, multiples are so south that IPOs and SPACs are almost irrelevant.
2/ Many of the larger funds, sitting on billions in cash, understood returns will not come from pre-IPO rounds. As cash raised recently, and model requires quick cycles and showing uprounds, best turn to early, and why not do so in 'exotic'/less crowded geographies...
Read 22 tweets
Another exciting week of exponential growth for our portfolio companies through our dedicated m² program: bit.ly/363V0Gy
1/ Now you too can connect with other #founders and resources (KOLs, Partnerships, Hiring etc.). Please, join our channel to connect: t.me/m6connect
2/ 🤝Connections
- Connected @solana gaming portcos @RoTTheGame with @PlayElumia
- Connected Solana #gaming portcos @SpaceFalconIO with @PlayElumia
- Connected portcos @official_pnode with @dojimanetwork
- Setting up call with @CelestiaOrg to identify ways to help portcos
Read 9 tweets
#Startups often get lost in the noise & don’t provide customers a reason to buy.

Positioning solves this problem, generates buzz and lands #sales.

It’s hard to get started. Here is a simple process to begin positioning now.

A thread .. it starts with some simple questions.👇
1.) What's the specific problem you are trying to solve (the more specific the better).

> How do you make the person (b2c) or company better (b2b)

> what is the specific ROI expected (more on ROI in this thread

NOTE: Avoid jargon and industry buzzwords here. Explain like over dinner with friends.

Next, you need to think about the person. 👇
Read 12 tweets
#ESOP > time to demystify, and talk openly about the opportunities and implications for both founders and employees (to be clear – this isn’t tax advice or legal advice > just trying to make some sense of it for the many questions I recently got…)
Long #Thread, here we go…👇
1/ To start with, ESOP (Stock Options), can come in many shapes & forms. It serves 2 main things: (i) for founders, one of the best ways to attract+retain top talent;(ii) for employees - a potnetial for material upside making #AfricaTech, one of the most attractive options around
2/ Before focusing more on what’s important to know & consider as an employee (much hairier topic in my view) let me share this: #founders need to think through/plan for ESOP right from the start. Maybe not at pre-seed, but I’d argue that latest right after, and preferably before
Read 28 tweets
The role of a #founder & #CEO needs to evolve over time and be aligned with #startup’s stage of maturity.

4 questions for 4 stages to help you focus:

How? —> #Idea stage
What? —> #Product market fit stage
Who? —> #Scale stage
Why? —> Big company stage

Thread 👇
#startups
1. #Idea stage. How?

“How will we make this idea a reality?”
This includes nailing down the pain in the market and articulating how you’re planning to cure that.
2. #Product-Market fit stage. What?

“What is the #market telling us?”
This includes looking at product-market fit indicators and iterating your #solution. If you’ve nailed the pain and know what are leading indicators of #PMF - this stage is actually easier than perceived.
Read 5 tweets
1 of t/ top reasons #startups fail is not having enough capital, or not raising $.
@i_JaspriyaKaur & @Sahiba_Gambhir take #founders through using #Finance as a #moat.
More on bad math vs healthy financial practices & building a strong foundation frm day 1 👇
#TuesdayTalkies 🧵
2/ Don’t confuse revenue w/terms like GMV, ARR, Bookings etc. Revenue is a key metric which determines business depth and valuations; however it can be easily misinterpreted/misunderstood.
#TuesdayTalkies @i_JaspriyaKaur @Sahiba_Gambhir
#Surge05 #GetReadyToSurge
3/ Good math is imperative for good Unit Economics. It's important to keep evaluating your biz assumptions as UE are fragile @ initial stages. Certain assumptions made when you hit the market may not pan out as expected. Fix the UE piece first before going all out on growth.
Read 4 tweets
What is #GrowthHacking and how does it differ from marketing?

This is a useful point 👇 - however, marketing encompasses many disciplines, from sales / account mgt through to direct response. So what does this tell us? 🧵

kevintpayne.com/building-a-gro…
1. The #Growth 'data driven mindset / culture' is no different from your direct response ('direct marketing' of old) team - however, the tools have changed - python replaces excel / access but dashboard software makes data accessible for non technical specialists too.
Regardless of technical skill, however, can your growth marketeers uncover which lever (or combination of levers) works best for your startup, in this season, at this stage of your #startup growth*?

(* You guessed it, it's a moving target)
Read 13 tweets
We've now talked to over 100 #climate #startup #founders for @enduring_planet and we're seeing a pattern. A 🧵
(1) First and foremost, there is incredible innovation happening in the space. The pace at which new #climatetech is entering the market and getting validation is staggering. We are truly at the early days of a New Climate Economy. I AM SO EXCITED 🍿🚀
(2) unfortunately, most #founders in #climatetech don't think holistically about the capital they're raising to finance their businesses. The vast majority (over 90%) are going exclusively after VC, without considering non-dilutive options
Read 12 tweets
What key 8 difference between permissioned #blockchain #setcoin & public blockchain #bitcoin?
Check the thread 🧵 👇

#investing #Finance #finanstwitter #cryptotrading #cryptocurrencies #cryptocurrency #cryptoart #defi #altcoin #CryptoNews #ethereum #Dodgers Image
1. #ESG Compatible with limited energy usage to deploy and run ledgers and nodes.
2. #Scalability: much faster validation, and transaction execution;
3. Generating income from real sector #assets;
Next 👇

#fintech #banking #cbdc #CryptoTownEU #DigitalCurrency #NFTgaming
4. Advanced #identity system for #digital #assets owners #validation;
5. Facilitating #green & #cycling economy transition
6. Diversification between income of green buildings, #renewables, #smartcities, #agtech, vertical farming, technology sector private equity assets
Next 👇
Read 10 tweets
1/ What if we could cure most of the world’s leading causes of death?

Companies are already working to treat chronic illnesses, from cancer to heart disease and even dementia, by targeting ageing itself.

#Longevity #Biotech is the next big wave of medicine. Join the movement.
2/ Slowing the rate of aging has massive medical & financial benefits.

"Using a model of future health and spending in the USA, the effect of delayed aging resulting in 2.2 years add. life expectancy would yield US$7 trillion in savings over 50 years."

cell.com/trends/biotech…
3/ The scientific case for aging has quickly gained credibility as pioneering companies make headway to solve aging.

The field of longevity biotech has attracted a growing wave of #investment.

Billions of #funding have already been put into early companies in this sector.
Read 6 tweets
1/4)

So today I was watching Dragon's Den and this was an interesting one. There are several problems here:

1) Pitch was long, basically all exposition, and failed to provide the necessary info about the business or its performance (Metrics)
2/4)

2) The pitch was made to investors who weren't the target customers

3) With a Stanford or any Business School graduate, investors would expect a degree of business acumen, which shockingly just did not exist.
3/4 )

Most investors will simply not invest until the idea being pitched solves a problem they face/see.

This also brings the point forward that grades and schools aren't everything. Sure they're good to have, but you will always need real-world experience.
Read 4 tweets
There are 175 corps/institutions now overseeing your children's #education going forward. They will be shaping/molding your child's #ideologies &
#worldviews - all while harvesting their data.

Global Education Coalition Members (announced Mar 18 2020):

globaleducationcoalition.unesco.org/members Image
"Civil society & non-profit organizations" (those serving capital & elite institutions) include:

#OBAMA FOUNDATION
-Tony Blair Institute for Global Change
#ONE (Bono)
-Global Business Coalition for #Education
#CODE
#OXFAM
#TEDEd
#SIEMENS
#Sesame Workshop

See image. #4IR Image
Read 14 tweets
If you're attending this today, maybe you should also listen to #Founders a @Her_and_Now podcast on our feed. Five women entrepreneurs and their journeys and subject matter experts like @Hardika100, @seema_econ, @lavsmohan and Soumya Kapoor of @IWWAGEIFMR open.spotify.com/show/2L7HxEps3…
A correction: we went to the summit website after a reader pointed out there are women on the panels. 7 out of almost 40 panelists are women, which is still a huge gap. It's a gap that's reflected in women's participation in the entrepreneurial landscape in India.
Dr Sabrina Correct Sr Fellow at @orfonline in Women Entrepreneurs in India: What’s Holding them Back? ‘Out of 58.5 m businesses counted by that census, 8.05 m were owned by women, about 13.76 % of women among the total number of entrepreneurs in India.’ orfonline.org/research/women…
Read 12 tweets
What an powerful and insightful Techpreneurship journey @Mariatheresa_tz, thanks for sharing the key lessons learned while starting and managing @mobileafya. Such an inspiration to othet #Tech #Founders
We learned how it started from curiosity "How will Africa look if everyone can easily access health information?" --> to taking action. Lesson "Don't walk around a problem" waiting for others to solve, you may have a key contribution to make for a solution.
We learned about learning to get out of the comfort zone, make necessary wise choices and utilise available resources around to move from a problem to a solution.

#entrepreneurship #journey
Read 9 tweets
🙋 Frequent question from #founders who are just getting started:

> How do I hire my first developer, when I'm not technical? How do I know they can code?

Here's how to do this with confidence, using the questions and techniques I've used interviewing *hundreds* of engineers.
> How do I know they can code?

Good news: you're not looking for code. You're looking for product validation, for learning and for solutions to user problems.

Focus on finding product-focused engineers who can work with you to validate, learn and solve. No tech chat needed.
In an interview, I always start with a simple question:

> Please can you tell me about a recent project you've worked on that you were proud of?
Read 38 tweets
A thread about US Presidents...
George Washington remains the ONLY President not to live in the Legendary WHITE HOUSE... #pioneer #America #WhiteHouse #Washington #POTUS Image
John Adams was the First Vice-President and the First President of the Inited States to occupy the White House... He was privileged to see his son (John Quincy Adams) become President as well. #johnadams #UShistory #Whitehouse #POTUS #POTUS2 #July4 #Federalist #USNavy Image
Read 6 tweets
What a relief it will be for #startup #founders and #indiehackers when my @GetTheAudience app comes out in November!

Thread 👇
You will be able to explore and understand your audience before you join the conversation with them
You can search by keywords or by names and see who is part of your audience
Read 10 tweets
A 🧵on #hiring especially for early stage #founders

Sell 👁️👁️
Sell the vision you have, if you can't sell your vision yourself, chances of hitting a home run is negligible, hiring talent/ selling to customers/ raising money is insanely difficult without this trait
Reach out📢
Reach out to the best people in your network, get them to work with you, convince them if you think they're a great fit.

Real eg. : Had to visit & meet parents of a potential content writer, as she had extraordinary skills, but her parents were against working.
Think of Candidates as #Customers, you've to sell them the vision 🔭 + Provide an #experience.

Experience here means - proper communication {Well written JD, what exactly are they expected to do, hours, skills reqd}, tell them how would they progress? how much can they make?
Read 13 tweets
1/ Shortfall analysis

In #risk a powerful concept named #shortfall analysis works very well as for building financial models for #founders and #startups.

It's a bit of a mind bender the first time you read it but has interesting applications once you understand it.
2/ Imagine an important business metric.

Let's say customers order. Link that to an equally important performance measure. Profit & Loss (PnL).

The two are clearly linked.

How would you stress test or sensitivity test them? For an internal planning meeting? For a money pitch?
3/ There are 3 models you can pick for a stress test.

a) What could be our worst case loss if PnL turns negative?

b) What is the probability of a negative PnL?

c) How much do customers orders need to drop for us to hit the red zone?
Read 8 tweets

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