If you have the stomach for it, the metal to carry on, the energy to bootstrap to a point where either you CAN get funded, or generate enough revenues and become profitable, we can help.
Just because you have been rejected by VCs doesn’t mean you cannot build a great business.
Marc Benioff was rejected by pretty much ALL the VCs he approached. Didn’t stop him from building Salesforce.com into a multi billion dollar enterprise with global impact.
What is your business model? Do you have one, or is it TBD?
Is it Freemium?
Do you know the difference between a business model and an exit strategy?
Are you building a business that has a real, viable business model?
Or are you trying to do an Instagram?
What is TAM? Perhaps, the biggest factor in whether a VC funds you or not. TAM = Total Available Market.
Note: Top Down TAM doesn’t matter. You need to present a Bottom-Up TAM Analysis.
And to get funded, that TAM needs to be very large. Billion. Two billion. Ten billion.
Do you understand the impact of infusing cash into your business? You do, right?
What have you been doing for the last six months? Chasing customers? Chasing Investors?
Much is being said on a daily basis about the Series A crunch. This is our series on the subject. In short, byte-sized posts, I will give you my thoughts on how to deal with the issue. Please note, this advice is entirely for entrepreneurs, not investors.