Steven On Growth

Steven On Growth Stevenongrowth๐Ÿงช is a growth guider for marketers in love of growth.

Test the new channel.
01/02/2025

Test the new channel.

Nฤƒm nay lร m reflection thแบญt lean vร  agile. ๐Ÿ˜ƒ
27/01/2025

Nฤƒm nay lร m reflection thแบญt lean vร  agile. ๐Ÿ˜ƒ

Founders - here is how VCs assess your startup. ๐Ÿ‘‡John Hu, a former VC at Norwest Venture Partners shared how they rate c...
03/10/2024

Founders - here is how VCs assess your startup. ๐Ÿ‘‡

John Hu, a former VC at Norwest Venture Partners shared how they rate companies.

Understanding this will help you optimize your pitch deck, drive better conversations, and position your company more effectively.

๐—ง๐—ต๐—ถ๐˜€ ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—ฐ๐—ฎ๐˜๐—ฒ๐—ด๐—ผ๐—ฟ๐—ถ๐—ฒ๐˜€ ๐˜๐—ต๐—ฒ๐˜† ๐˜‚๐˜€๐—ฒ๐—ฑ:

โ†’ ๐—ง๐—ฒ๐—ฎ๐—บ:

What is the founding team's background? How does it align with the problem you're solving? How well does the team work together? Who are the key hires you need to scale? How are you filling gaps within the team?

โ†’ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฆ๐—ถ๐˜‡๐—ฒ:

How large is this market? How fast is the market growing? Is it an existing or new market? How will you capture your share?

โ†’ ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐—ผ๐—ป:

How competitive is this market? Who are the main competitors? How are they performing? What are the barriers to entry? Have any competitors raised significant funding recently?

โ†’ ๐——๐—ถ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐˜๐—ถ๐—ผ๐—ป:

How will you beat the competition? Whatโ€™s your competitive angle? What is your unique value proposition? What makes your product or solution fundamentally better or different from others?

โ†’ ๐— ๐—ฒ๐˜๐—ฟ๐—ถ๐—ฐ๐˜€:

How strong are your metrics? How strong of a growth indication do they give? How is your revenue trending? What does your churn rate look like? Can you share metrics that prove market demand?

โ†’ ๐—˜๐˜…๐—ถ๐˜ ๐—ฃ๐—ผ๐˜๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น:

Who do you see as potential acquirers, and why would they be interested in your company?
____________________

๐Ÿ“ For more founder stories, follow me Rauch

27/09/2024

"If your product metrics are moving, but your business metrics are not, you likely chose the wrong product metric."

How CEO updates the company progress to Investors. So agile and clean.
26/09/2024

How CEO updates the company progress to Investors.
So agile and clean.

YC advice.
11/09/2024

YC advice.

10/09/2024

Copy that converts.
โ€”

Yaโ€™ll know Iโ€™m a motivational speaker ju**ie.

Big Tony Robbins fan.

Big Zig Ziglar fan.

Big Eric Thomas fan.

But recently I read a quote from a speaker whoโ€™s underrated.

Guyโ€™s name is Les Brown.

If legends are true, he was put in special ed courses as a child, labeled mentally ret*rded, and written off by his family. He shocked everyone by building a multi-million dollar business from scratch.

Anyway, the quote.

He said this:

-----

โ€œPeople always say โ€˜I donโ€™t want to be rich,โ€™ I just want to be comfortable.โ€

But Iโ€™ve discovered that if you want to be comfortable, you have to be rich!โ€

-----

Too true in my experience.

The problem with making โ€œjust enoughโ€ money to be comfortable is:

Recessions.

New technologies.

Shifting industries.

Layoffs.

Robberies.

May seem extreme to put that last one in there.

Thing is, it happened to me.

I watched nearly $1M of investment money disappear from my account.

Went from โ€œI'm comfortableโ€ to โ€œIโ€™m bankruptโ€ in seconds.

The only solution I know:

Keep getting educated

Keep up with the times

Keep getting rich

On that note

Iโ€™m hosting a free masterclass training tomorrow at 4:30 EST.

Title:

5 Business Models with 6-Figure Potential You Can Start in 2024

Benefits:

Hopefully that is obvious.

Seating:

Limited to 500 because of our platform.

If you want in, grab your spot at the link below.

Mark it on your calendar.

Show up on time.

โ€‹Click here and select โ€œregisterโ€ to register.โ€‹

Talk soon,

-Tim

P.S. We can only take the first 500 in the room, not the first 500 to register. Be on time.

mรฌnh rแบฅt thรญch cuแป‘n Innostack cแปงa Jim Mckelvey do anh Nguyแป…n Hแบกo Nhiรชn dแป‹ch - nรชn mรฌnh coin tแปซ Knowstack cho growth team...
27/07/2024

mรฌnh rแบฅt thรญch cuแป‘n Innostack cแปงa Jim Mckelvey do anh Nguyแป…n Hแบกo Nhiรชn dแป‹ch - nรชn mรฌnh coin tแปซ Knowstack cho growth team nhร  mรฌnh.

cรฒn nhแปฏng check box nร o nแปฏa khรดng nhแป‰? ๐Ÿ˜…

hi vแปng tรฌm ฤ‘ฦฐแปฃc cรกc bแบกn digital marketing & creative quan tรขm ฤ‘แบฟn tech ฤ‘แปƒ vแป cรนng lร m viแป‡c cรนng ๐Ÿ˜ ฤ‘ang cรณ cรกc vแป‹ trรญ cแบงn talents fill in.

(1) digital marketing specialist
(2) graphics designer
(3) content manager

xin hแปฉa cรณ bao nhiรชu kiแบฟn thแปฉc - mรฌnh cho ฤ‘i hแบฟt..

Max your leverage. ๐Ÿคฃ
22/05/2024

Max your leverage. ๐Ÿคฃ

21/05/2024

Do you know what is the difference between values and beliefs?

Beliefs are what you think is true.
Values are what you think are important.
Focus on things that are important.

As a first-time founder who raised a $400k pre-seed ๐ŸŒฑ๐Ÿ’ฐHere are my biggest takeaways:โ–ถ ๐ƒ๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐ข๐ซ๐ฌ๐ญ ๐œ๐š๐ฅ๐ฅ, ๐ฒ๐จ๐ฎ ๐š๐ซ๐ž๐ง'๐ญ ...
20/05/2024

As a first-time founder who raised a $400k pre-seed ๐ŸŒฑ๐Ÿ’ฐ

Here are my biggest takeaways:

โ–ถ ๐ƒ๐ฎ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐ข๐ซ๐ฌ๐ญ ๐œ๐š๐ฅ๐ฅ, ๐ฒ๐จ๐ฎ ๐š๐ซ๐ž๐ง'๐ญ ๐ ๐ž๐ญ๐ญ๐ข๐ง๐  ๐š ๐œ๐ก๐ž๐œ๐ค. Stop expecting it. Instead, aim to build rapport and evaluate mutual fit. Genuine connections often lead to better outcomes in the end.

โ–ถ ๐…๐ฎ๐ง๐๐ซ๐š๐ข๐ฌ๐ข๐ง๐  ๐ข๐ฌ ๐ญ๐จ๐ฎ๐ ๐ก. For every successful round you read about on TechCrunch or LinkedIn, 50 others failed.

โ–ถ ๐ƒ๐จ๐ง'๐ญ ๐ญ๐š๐ค๐ž ๐ซ๐ž๐ฃ๐ž๐œ๐ญ๐ข๐จ๐ง ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ๐ฅ๐ฒ. I made that mistake too. A 'no' doesn't always reflect poorly on your business. Investors might lack funds and often avoid admitting this.

โ–ถ ๐…๐ฎ๐ง๐๐ซ๐š๐ข๐ฌ๐ข๐ง๐  ๐ญ๐š๐ค๐ž๐ฌ ๐ฅ๐จ๐ง๐ ๐ž๐ซ ๐ญ๐ก๐š๐ง ๐ฒ๐จ๐ฎ ๐ญ๐ก๐ข๐ง๐ค. Plan on it.

โ–ถ ๐”๐ง๐ฅ๐ž๐ฌ๐ฌ ๐ฒ๐จ๐ฎ'๐ฏ๐ž ๐ก๐š๐ ๐ฆ๐ฎ๐ฅ๐ญ๐ข๐ฉ๐ฅ๐ž ๐ž๐ฑ๐ข๐ญ๐ฌ ๐จ๐ซ ๐ก๐š๐ฏ๐ž ๐ญ๐ซ๐š๐œ๐ญ๐ข๐จ๐ง, ๐๐จ๐ง'๐ญ ๐ฐ๐š๐ฌ๐ญ๐ž ๐ญ๐ข๐ฆ๐ž ๐ญ๐š๐ฅ๐ค๐ข๐ง๐  ๐ญ๐จ ๐•๐‚๐ฌ. Focus on your product and improve your metrics by talking to users.

โ–ถ ๐๐ž ๐ฉ๐ข๐œ๐ค๐ฒ ๐š๐›๐จ๐ฎ๐ญ ๐ฐ๐ก๐จ ๐ฒ๐จ๐ฎ ๐ญ๐š๐ค๐ž ๐ฆ๐จ๐ง๐ž๐ฒ ๐Ÿ๐ซ๐จ๐ฆ. A difficult investor on your cap table isn't worth a $25k check.

โ–ถ ๐Œ๐จ๐ฌ๐ญ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ๐ž๐ฌ ๐š๐ซ๐ž๐ง'๐ญ ๐ซ๐ž๐š๐๐ฒ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐ญ๐š๐ง๐๐š๐ซ๐ $3 ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ฌ๐ž๐ž๐ ๐ซ๐จ๐ฎ๐ง๐ ๐Ÿ๐ซ๐จ๐ฆ ๐ญ๐ก๐ž ๐ฌ๐ญ๐š๐ซ๐ญ. Evaluate your business realistically and consider raising a smaller round initially.

โ–ถ ๐–๐ก๐ž๐ง ๐ฒ๐จ๐ฎ ๐ฌ๐ž๐œ๐ฎ๐ซ๐ž ๐š๐ง ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ, ๐ฅ๐ž๐ฏ๐ž๐ซ๐š๐ ๐ž ๐ญ๐ก๐š๐ญ ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐ฎ๐ง๐ฅ๐จ๐œ๐ค ๐ฆ๐จ๐ซ๐ž ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ. Keep up the momentum and actively seek more funding while the iron is hot.

โ–ถ ๐€ ๐ง๐จ๐ง-๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ๐Ÿ๐ฎ๐ฅ ๐Ÿ๐ฎ๐ง๐๐ซ๐š๐ข๐ฌ๐ข๐ง๐  ๐ซ๐จ๐ฎ๐ง๐ ๐จ๐Ÿ๐ญ๐ž๐ง ๐ฆ๐ข๐ซ๐ซ๐จ๐ซ๐ฌ ๐š ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ๐Ÿ๐ฎ๐ฅ ๐จ๐ง๐ž ๐ข๐ง๐ข๐ญ๐ข๐š๐ฅ๐ฅ๐ฒ, ๐Ÿ๐ข๐ฅ๐ฅ๐ž๐ ๐ฐ๐ข๐ญ๐ก '๐ง๐จ'๐ฌ. Perseverance is paramount.

To all the founders out there raising fundsโ€”stay at it. Your hard work will pay off. ๐Ÿš€

Source: Kevin - CEO

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