Fundraising
You’re an entrepreneur trying to solve horrible problem X, usher in wonderful vision Y, or fix stagnant industry Z. Don’t mention your idea. Frame expectations by mentioning what stage you’re at and, if it’s true, that you don’t have anything to sell. Show weakness and give them a chance to help by mentioning the specific problem that you’re lookin
... See moreRob Fitzpatrick • The Mom Test: How to talk to customers & learn if your business is a good idea when everyone is lying to you
Finding Undiscovered Talent
joincolossus.comWhen you meet with fellow investors, your goals are: Figure out what they invest in and why. Figure out what value they bring to startups. Make sure they understand what value you bring to startups. Ask them, “Have you seen anything interesting lately?” Offer them, “I just invested in these two startups, which are exceptional. Would you like to get
... See moreJason Calacanis • Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000
No expectations at all are set by, “Do you have time for a quick coffee/lunch/chat/meeting?” which suggests you’re liable to waste their time. The framing format I like has five key elements. You’re an entrepreneur trying to solve horrible problem X, usher in wonderful vision Y, or fix stagnant industry Z. Don’t mention your idea. Frame expectation
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