Feel the Boot cover image

Feel the Boot

Latest episodes

undefined
May 20, 2022 • 14min

75. Surviving a Short Runway. Startup burn rate < 6 months cash

Low on cash with no imminent funding?Here’s how to keep your startup alive Read this as a blog: https://ftb.bz/75BWatch the Video: https://ftb.bz/75V Visit the website: https://ftb.bz/Join the mailing list: https://ftb.bz/Join When things get tough and cash is short, you need to manage your startup cash flow to survive. If things are particularly difficult, you might be forced to pivot or sell the company. Lance Cottrell has been an active startup advisor and startup mentor for over a decade.He has helped countless startups navigate the key decisions of their journey, like when to take venture capital investment and negotiating term sheets.He works with many companies in accelerators like Y Combinator and Founder Institute.He provides help with startup funding including raising venture capital and angel investment.He can help you achieve liquidity for your company at a high valuation.Feel the Boot is a startup vlog of tips and advice for early-stage founders.
undefined
May 2, 2022 • 19min

74. What is a Cap Table? Tracking VC Investments and stock option grants

What is a Cap Table? 🧐 Tracking VC Investments and stock option grantsUnderstand startup capitalization, preferred stock, and angel investmentsTrack ownership, options, SAFE, Convertible Notes, and dilution. Startup equity and cap tables can be confusing to many founders.The CEO needs to understand startup equity well enough to talk to their lawyers and negotiate with investors. This episode will teach you all you need to know. Subscribe to Boot Prints: https://ftb.bz/SubscribeJoin Founders Alliance: https://ftb.bz/JoinRead this: https://ftb.bz/74B Get the video: https://ftb.bz/74V Lance Cottrell has been an active startup advisor and startup mentor for over a decade.He has helped countless startups navigate the key decisions of their journey, like when to take venture capital investment and negotiating a termsheet.His advice and mentoring can supplement or replace startup accelerators or startup incubators like Y Combinator.He provides help with startup funding including raising venture capital and angel investment.He can help you achieve liquidity for your company at a high valuation.Feel the Boot is a startup vlog of tips and advice for early-stage founders.
undefined
Apr 13, 2022 • 12min

73. When your startup hits hard times: quit, pivot, or persevere?

Startup Survival 🤕 Quit, Pivot, or PersevereWhen your startup hits hard times what should you do?Make this high stakes decision with confidence When your startup is in a dark place with no path forward, what should you do?This episode explores how to analyze your options objectively to choose the best option for you and your startup. Subscribe to Boot Prints: https://ftb.bz/SubscribeJoin Founders Alliance: https://ftb.bz/JoinRead this: https://ftb.bz/73BWatch the Video: https://ftb.bz/73V  Lance Cottrell has been an active startup advisor and startup mentor for over a decade.He has helped countless startups navigate the key decisions of their journey, like when to close their startup vs. persevere or pivot.His advice and mentoring can supplement or replace startup accelerators or startup incubators like Y Combinator.He provides help with startup funding including raising venture capital and angel investment.He can help you achieve liquidity for your company at a high valuation.Feel the Boot is a startup vlog of tips and advice for early-stage founders.
undefined
Mar 22, 2022 • 10min

72. Get more value from your startup advisors

Startups 🧐 business advisor valueGet more value from your startup advisorsHow to use mentors more effectively If you have not recruited your advisors yet, watch this first: https://ftb.bz/68VThe video on Founder Time Management for Strategic Thinking is here: https://ftb.bz/65V Read the blog: https://ftb.bz/72BWatch the Video: https://ftb.bz/72V Join us to access free one-on-one office hours: https://ftb.bz/JoinMeet other entrepreneurs at the Founders Alliance: https://ftb.bz/Alliance In this episode I share best practices for working with your advisors and mentors.Advisors should be more than just a pretty face on your pitch deck. You give them equity, so you should maximize their value to you.Advisors can help you with startup funding, angel investors, venture capital, pitch decks, growth hacking, startup marketing, product sales, PR, mergers and acquisitions, and more. Lance Cottrell has been an active startup advisor and startup mentor for over a decade.His advice and mentoring can supplement or replace startup accelerators or startup incubators like Y Combinator.He provides help with startup funding including raising venture capital and angel investment.He can help you achieve liquidity for your company at a high valuation.Feel the Boot is a startup vlog of tips and advice for early-stage founders.
undefined
Mar 9, 2022 • 4min

71. How to get startup mentoring and advising at Feel the Boot

Feel the Boot 🤓 Mentoring & AdvisingHow our free mentoring office hours workEstablishing formal advising relationships Subscribe to Boot Prints: https://ftb.bz/SubscribeJoin Founders Alliance: https://ftb.bz/JoinRead this: https://ftb.bz/71BWatch the Video: https://ftb.bz/71V  Lance Cottrell has been an active startup advisor and startup mentor for over a decade.His advice and mentoring can supplement or replace startup accelerators or startup incubators like Y Combinator.He provides help with startup funding including raising venture capital and angel investment.He can help you achieve liquidity for your company at a high valuation.Feel the Boot is a startup vlog of tips and advice for early-stage founders.
undefined
Mar 4, 2022 • 11min

70. High valuations can demotivate employees and derail investment

In this episode I explain why a very high valuation can cause trouble for your startup.It can demotivate your employees by hurting their payout at exit.It can derail your next funding round my making your last investors hostile and demanding. Read this as a blog: https://ftb.bz/70BWatch the Video: https://ftb.bz/70VJoin the Founder’s Alliance: https://ftb.bz/AllianceSubscribe to Boot Prints for free office hours: https://ftb.bz/Join
undefined
Feb 18, 2022 • 13min

69. When to sell your startup? ‍♂️ Equity and Valuation vs. Risk

When to sell your startup? 🤷‍♂️ Equity and Valuation vs. RiskWhen should you take an offer for your startup?What is the risk of continuing vs. the immediate reward? It is critical to consider if and at what price you would consider selling your company before the offer arrives. When it does, the big $$$ may muddle your thinking.In this episode, I discuss how to systematically analyze these questions and share my experiences selling my first company. Watch the video: https://ftb.bz/69V Read this as a blog: https://ftb.bz/69BSign up for one-on-one coaching: https://ftb.bz/JoinJoin the Founders Alliance: https://ftb.bz/AllianceSee our other videos on running your startup: https://ftb.bz/Running-your-startupAll the rest of our playlists and videos: https://ftb.bz/Channel
undefined
Feb 11, 2022 • 9min

68. How to recruit the perfect advisors (or directors) for your startup

Recruit startup advisors 👨‍🦳 board of directorsYour advisors can make or break your startupLearn how to identify and recruit the perfect startup advisory board Read the blog: https://ftb.bz/68BWatch the video: https://ftb.bz/68V Join us to access free one-on-one office hours: https://ftb.bz/JoinMeet other entrepreneurs at the Founders Alliance: https://ftb.bz/Alliance In this episode I share a step by step method for building a startup advisory board or board of directors. You will learn how to identify and recruit advisors.Advisors can help you with startup funding, angel investors, venture capital, pitch decks, growth hacking, startup marketing, product sales, PR, and more.
undefined
Feb 4, 2022 • 3min

67. Blitzscaling vs. the 4 hour work week – choose the kind of company you want to create and run.

Blitzscaling 🤔 4 hour work weekWhat kind of startup do you want to create and run?Be clear on your desires to achieve the journey and outcome you want.Read the blog version here: https://ftb.bz/67BWatch the video: https://ftb.bz/67VJoin the founder alliance: https://ftb.bz/allianceIn this episode I ask founders to think about the kind of startup journey and outcome they want. Consider things like bootstrapping vs. venture capital. Going for unicorn status vs. building a lifestyle business.Are you open to working 100 hour work weeks, or are you looking for a 4 hour work week allowing time for your favorite activities?Do you want to be a serial entrepreneur, ride this train all the way to the end of the line, or get a payout and retire?
undefined
Jan 27, 2022 • 10min

66. Pre-revenue startup funding: valuations & venture capital

Learn how angel investors and venture capitalists determine your startup’s valuationI share three formal methodologies and the secret technique most angels actually use Join Feel the Boot to access one-on-on coaching https://ftb.bz/JoinMeet other founders in the Founders Alliance https://ftb.bz/AllianceRead the full blog from this episode https://ftb.bz/66BWatch the video https://ftb.bz/66V Calculating preseed valuations can be tricky because you have little to no revenue to base it on.Both Angel Investors and Venture Capital companies have a number of valuation methodologies they can use.Startup funding requires setting a pre-money valuation for the company, which are the end point of a negotiation between the investor and the startup founder. Related topics:Pre-seed, slidebean, crowdfunding, equity, y combinator, startup pitch, pitch deck, startup news, startup grind, growth hacking, ycombinator, how to start an online business

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode