It's actually so self-evident what is being talked about here. However, my daily interaction with startups and companies shows me that it's precisely these apparent self-evidences that are often done wrong. Yes, the video demonstrates a lot of hands-on experience. Excellent. We must always remind ourselves: running a company is no magic. But you indeed have to get the seemingly small things right. Therefore: 10 marks. Excellent video.
This is a great question, James. Regardless of whether you have revenue or not, you want to provide three to five years of future financials (ideally five). So, you're forecasting what you think is going to happen. And this includes revenue. I know it's hard when you don't have any history and you're a brand new company, but just take your best guess.
I always consider the valuation part to be similar to market demand and supply, where the company asks and the investor wants. Great video, Brett! Your insights are always helpful, especially at the right moments for our company :)
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This is not just content, this will help many young start up founders, thank you for advising.
It's actually so self-evident what is being talked about here. However, my daily interaction with startups and companies shows me that it's precisely these apparent self-evidences that are often done wrong. Yes, the video demonstrates a lot of hands-on experience. Excellent. We must always remind ourselves: running a company is no magic. But you indeed have to get the seemingly small things right. Therefore: 10 marks. Excellent video.
Thanks for the kind words
Thank you very much!
You're welcome, Joshua
Question: what do you put in the financials slide if pre revenue?
This is a great question, James. Regardless of whether you have revenue or not, you want to provide three to five years of future financials (ideally five). So, you're forecasting what you think is going to happen. And this includes revenue. I know it's hard when you don't have any history and you're a brand new company, but just take your best guess.
Great content Brett - thanks for sharing your hard earned wisdom
Thanks for the kind words Ben! I am glad you're finding these videos useful.
I always consider the valuation part to be similar to market demand and supply, where the company asks and the investor wants. Great video, Brett! Your insights are always helpful, especially at the right moments for our company :)
Thanks! And thanks for adding your thoughts.
Good information continue updating us.May the Lord award you abundantly
Thanks for the kind words, Gloria. I'm glad you're finding my videos useful.
Thank you so much for making this...
You're welcome!
Hi Brett. I really find your videos informative!
Thanks! I'm glad you find these videos useful.
So good 👍
great message. Would be better if you could read slides at a presentation speed. save us all time
I'm glad you liked the video.
Great advice! Thanks
Thanks for your kind words, Peter. I appreciate it!
Thank you for this Brett!
You're welcome, Cardia! I'm glad you find utility in my videos.