Posts from alejandrocremades.com
Ways To Cut Business CostsNeed to shave some business costs to make your new startup idea viable or keep your current venture afloat? Check out these ways to slash the burden and be more profitable. Starting a business doesn’t have to be as expensive as you imagine. If you are already in business and need to grind it out until a new fundraising round comes through or you get paid on invoices, here are some of the ways you can do that, and keep on working smarter in the future.2
He Grew Up Without Electricity In The Himalayas And Just Built A $10 Billion BusinessJay Chaudhry hasn’t just built one successful startup. He’s done it five times with his latest venture, Zscaler, already valued at $10 billion. He may not even like the word ‘exit’, given his unique way of2
He Built A $2.7 Billion Business And Is Considered One Of The True Founders Of AIAli Ghodsi loves coding and creating things that have a massive impact on the world. One famous VC made him an offer he couldn’t refuse. Ali is now co-founder and CEO of Databricks which is worth almost $3 billion. In our recent interview on the DealMakers Podcast, Ali Ghodsi shared how he got started in tech, what made him leap into business, what it takes to raise half a billion dollars and become the CEO of a successful hyper-growth company.2
The Entrepreneur‘s Journey - InfographicIt may be simply being struck by an opportunity, seeing where the business puck is headed, or a gaping void in the markets that you have a solution for. More often, startup ideas the actual start of the startup journey initiate from getting frustrated about inefficiencies or lack of good service and solutions in antiquated markets. It’s that friction that creates highly valuable business pearls.5
This Startup Pitch Deck Returned 100X For InvestorsThis startup pitch deck delivered a 100x return to investors and helped this uber competitor to go on to raise hundreds of millions of dollars. Careem was an Uber alternative based in Dubai. They’ve since gone on to spread to 14 countries and raise over $421 million in funding.
She Built A $100 Million Fashion Brand By Using Tech To Drive Sales GrowthRebecca Minkoff is well known for not only her line of designer bags and accessories but her high tech shops that blend interactive technology with tailored experience and fashion. If you’ve visited Rebecca Minkoff’s store in Soho you’ve found interactive mirrors to help you pick the perfect outfit, along with your choice of drinks delivered right to your dressing room, where you are matched with the latest styles.1
This Entrepreneur Raised $43 Million To Deliver To Your Door Healthy Plant-Based MealsRachel Drori knows what it takes to make big brands work, create experiences and keep yourself running in great health. She rolled all of this experience into a startup of her own. One which has raised tens of millions of dollars to make it easier to take good care of yourself, even when you are crazy busy. Drori recently appeared on the Dealmakers podcast. We got to talk about fundraising as a female founder, what it means to be a customer-centric business, lessons learned on the entrepreneurial journey and trusting your instincts.2
He Sold His First Business For $1.6B And Now Raised $300M To Simplify Medical InformationDan Cane has scored one of the best first exits ever, and is now onto his second startup, which has raised hundreds of millions of dollars to serve the healthcare space. Ever since he was five years old, Dan Cane was an entrepreneur. He hustled from his front yard in South Florida and has gone on to build transformative companies in education and healthcare technology.
Most Reliable Ways To Fund Your BusinessThere are many, many ways to fund a startup today. Which are the most reliable? Which are best for your venture. Starting a business requires money to be invested in it. It just does. It doesn’t always have to be a lot, but there will be expenses. Plenty of fantastic startup successes have been launched on less than $10,000. Some for less than $1,000. Others have raised millions in capital before they even really started.2
He Raised $400 Million To Change How You Order Your DrinksAman Narang’s startup Toast has raised $400 million in funding to disrupt the bar and restaurant industry. Aman has that entrepreneurial spirit that has enabled him to constantly embrace new settings and challenges. The next time you are ordering coffee while coding your new app, celebrating closing a fundraising round with your cofounders, or are out to dinner with your investors and advisors, there’s a good chance your experience will be driven by his technology.
He Went From Managing 10,000 Employees To Raising $200 Million To Help Drive The Future Of ManufacturingAmar Hanspal is one of the pioneering entrepreneurs of what’s next in technology and manufacturing. In fact, he’s been instrumental in creating the DNA of many of the products we have today. Amar and I recently recorded a truly insightful episode of the Dealmakers Podcast together. He shared how he got started, the lessons learned when a startup doesn’t turn out how you expected, the $17M MBA, and how he struck on the idea for building Bright Machines.3
How To Start A Business In A Few HoursAre you wondering how to start a business in a few hours? Some people spend months or years cultivating a business idea, planning, and getting to market. That has worked out tremendously well for a few founders. It has cost far more would-be entrepreneurs everything when putting together that initial business plan.2
He Turned Rejection Into An 8 Figure Startup By Creating The Warby Parker Of Cowboy BootsPaul Hedrick turned a college rejection into a hot startup that is disrupting one of America’s oldest industries. After a stint in corporate America, with one of the most enviable consulting firms, Hedrick went out on his own and finally got to do something he really loved. Investors even gave him $34M to do it.
How To Start An eCommerce BusinessWant to start your own eCommerce business? Ecommerce businesses have massive potential. They are one of the easiest businesses to start. They can be a lot of fun too. So, if you’ve got a burning online business idea, how do you get started? What are your next steps?1
The Pros And Cons Of Venture CapitalAre you in the fundraising process and wondering what are the pros and cons of venture capital? Can there really be any downsides of raising large amounts of venture capital? Landing big-name VCs and their tens of millions of dollars in funding for your startup is the holy grail for many entrepreneurs. There are clearly significant advantages of going this route. Yet, for every pro, there can be a con. What’s important is knowing what they are, and balancing that in your business.1
How Long Should A Pitch Deck BeA pitch deck should be no longer than 20 slides in length. Ideally, you should be as concise as possible. 10 slides is even better, as long as you aren't overcrowding your pitch deck. Less than 10 slides would tend to suggest that your pitch is underdeveloped. With that answer out of the way, you might think you know everything you need to know about pitch decks and their length. However, the only way you can make a pitch deck the right length is to understand what goes into making an effective one.
How To Show The Financials In A Pitch DeckAre you wondering how to show the financials in a pitch deck? Your pitch deck needs to include important financial data including a breakdown of past and future performance. A standard metric of performance should be used for this data such as month on month growth for units sold and gross profit. To create the perfect pitch deck, you will need more than just solid numbers; as opposed to a business plan you will need to present the numbers in a way that is persuasive and accessible. In this article, I'm going to show you exactly which financial numbers you need to include and how to show your financials in a pitch deck.
What Goes In The Appendix Of A Pitch DeckA pitch deck appendix includes all financial data, risk assessment, legal status, patents and trademarks, performance and projection metrics, information on previous or existing high profile investors, and any other salient information you didn't include in your main pitch deck for brevity. In this article, I am going to outline the importance of the pitch deck appendix and explore exactly what information you need to include in greater detail. This will markedly improve your chances of securing investors for your business.1