A free podcast featuring trusted entrepreneur, coach and mentor — Tom Ryan — who shares daily, how-to advice and expert counsel for aspiring entrepreneurs and small business owners. Releases every weekday, Monday through Friday.
If you have an early-stage company that is looking for seed funding, you’re going to be talking to a lot of investors. Understand what those venture capital firms and angel investors need to see from…
If there’s one thing both keen-eyed investors and funding-hungry startups have in common, it’s their interest in making money. It’s this common interest that allows a company that is little more than…
When you’re talking about equity-based funding, valuations are where the rubber meets the road. In order to buy a piece of a business, you first have to establish an overall value for that business. …
Equity-based finance is the most common instrument used in seed-stage funding. It’s also one of the trickiest kinds of funding, because equity is all about ownership. Selling equity may be a relative…
Raising money is a roadblock most early stage companies will encounter sooner or later. It can be a confusing topic, with a wide variety of competing models and expert opinions muddying the waters. T…
When you work with a wide variety of startups and early stage companies, it’s not the differences in business models or industries that stand out most. What stands out most are the similarities. As t…
It’s late in the initial sales meeting. You’ve told the prospect about how your business was able to help a company that was in a situation very similar to the one your prospect is facing. You explai…
Applying storytelling techniques to your sales process means taking your prospects on their own version of the Hero’s Journey. You can think of it as the prospect’s individual story arc, allowing the…
One of the most powerful aspects to using storytelling as a sales tool is how dramatically it can change prospect reaction during your initial consultations. Not only can it help you disqualify prosp…
When Mara Watts was still in elementary school, she had plans to start her own business. Not just any business, but a project that would have meaning and ultimately help people. As the founder and CE…
If you want an honest, straight-shooting assessment of your restaurant or retail location’s bathroom, ask a mom about it. A woman who has to change a diaper learns pretty quickly which locations are …
If Mara Watts is right, stay-at-home moms might just be one of the biggest untapped workforces of the 21st century. It’s an idea she explores in her eBook, Make Money, Mama!. In addition to being a h…
Shortly after the birth of her first child, Mara Watts wasn’t feeling like her usual, bubbly self. She was in a dark place, struggling with the isolation of postpartum depression. In her recovery fro…
Every customer has a problem that needs solving. The better you understand that problem, the more likely it is that they will decide to spend their money on your solution. There’s no better way of de…
Once they’re through with the pleasantries and the basic questions that make up the start of an initial sales call, most sales reps make a huge mistake. Instead of telling a story compelling story ab…
Your first conversation with a prospective client or customer can be a balancing act. During that initial discussion, you’re doing more than just gathering some basic details. You’re qualifying them,…
In a marriage, one of the thorniest issues tends to be managing money. As Grava Bike Co. co-founders Jeff Welch and Shawn Moore explain, a business partnership is kind of like a marriage where the on…
What business misstep would you take a mulligan on? For Jeff Welch and Shawn Moore, co-founders of Grava Bike Co., that do-over might be starting a bike shop in the first place. As it turns out, runn…
As a small bicycle brand competing against the biggest names in the industry, Grava Bike’s founders need every advantage they can get. As co-owners of a retail bike shop, they already had an edge, he…
Biking can be an expensive hobby. Between your light, sleek racing bikes and beefy, rugged mountain bikes, there are a range of frames, wheels, saddles and other options. A serious cyclist could easi…
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Fri 29 Jan 2016
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