This Week in Startups E1015: Open Office Hours LIVE! Jason helps founders with their biggest challenges: gaining interest from investors, scaling while bootstrapping in a niche market, automating operations tasks, acquiring national customers & focusing on customers in the cannabis compliance space @ WSGR
Jan 3, 2020
In a lively session, founders tackle their most pressing challenges. Strategies for attracting investor interest take the spotlight, alongside practical tips on scaling niche businesses while bootstrapping. Automation gains attention, with insights into simplifying operations to enhance efficiency. The discussion then shifts to acquiring national clients and navigating the complexities of the cannabis compliance market. Each entrepreneur brings unique questions that reveal innovative approaches to thriving in competitive industries.
AI Snips
Chapters
Transcript
Episode notes
Fundraising Hacks
- Track email opens and replies to understand investor engagement.
- Follow up with non-replies, highlighting growth since the last contact.
Winning on Metrics
- Focus on repeat customers and growth rate to attract investors.
- Highlight strong margins and customer acquisition if technology isn't groundbreaking.
Alternative Strategies
- Partner with furniture creators for inventory and arbitrage.
- Consider pre-selling services with down payments for cash flow.