Endeavor Colorado’s Post

Here is a piece of advice that many startups and entrepreneurs overlook: When you start a business, you need to have an exit strategy in mind. An exit strategy, whether a sale, merger, or succession plan, offers direction and motivation and maximizes returns, especially for businesses generating significant annual revenue. Bennett Thrasher can help you with exit planning. Our Value Acceleration & Exit Planning practice is committed to helping business owners navigate succession complexities, including assessing a company’s value and establishing a strategic exit plan to meet an owner’s timeline. #ExitStrategy #Entrepreneurship #SuccessionPlanning #ValueAcceleration https://lnkd.in/eC-hHzRZ

Pitch decks don’t raise money. Businesses do. I see founders spending money on creating and designing pitch decks. Unicorns today - YouTube, Airbnb or Dropbox - didn't have flashy pitch decks. They had compelling businesses. Here is what you need to focus on: - Solve a real problem - Have a viable solution - Target a substantial and growing audience - Demonstrate success through your experience Investors are looking for opportunities that can generate returns. This is what they care about: > Viability > Scalability > Exit Potential Can I exit this business with my desired ROI within my desired timeline? That’s the question an investor needs answered. The desired ROI and timeline depend on the kind of investor. Don’t get me wrong - nobody hates a well-crafted pitch deck. But pitch decks are a tool. To communicate what your business is about. It does not change your fundamentals. Investors spend at most 3 minutes on a pitch deck. But they would be willing to spend years on building your business. Know what matters. #entrepreneurship #venturecapital #startup #mergers #acquisitions Serial Entrepreneur & Investor Helping Startups Become Unstoppable – David Hauser

Buying an Established Company: Why Start From Scratch? Why would anyone spend years building a business from the ground up when you can buy one that’s already making money? Seriously, if someone’s already put in the hard work, it only makes sense to take over and keep it going. Plus, you skip the awkward startup phase where you’re wondering if anyone will ever buy from you. Buying an established company gives you a proven model to work with. You can focus on growth, not survival. Think of it as fast-tracking your way to success—because who has time to reinvent the wheel? #buyingabusiness #businessgrowth #entrepreneurship #establishedcompany #success #acquisitions #businessstrategy

Early-stage entrepreneurs, securing VC funding during economic recovery can feel like climbing a mountain, right? Some think mergers or acquisitions are the only way out. But hey, don't underestimate the grit and potential of startups, especially in the fast-paced Medicare Advantage sector. We've got a game plan that focuses on tweaking business models and tapping into new market chances. This strategy isn't just about getting funding; it's about setting up for long-term success. Flexibility and innovation can totally turn things around, even in tough times. So, remember, being adaptable is your secret weapon to smash those economic challenges. #BusinessResilience #StrategicGrowth #Entrepreneurship #MedicareAdvantage #VCfunding #EconomicRecover

Are you ready to lead but wary of the startup grind? Ever heard of Entrepreneurship Through Acquisition (ETA)? Instead of starting from scratch, imagine stepping into the shoes of someone who's already building. ETA mitigates startup risks by leveraging proven business models, letting you focus on scaling from day one. Offering immediate operation, financial predictability, and a solid foundation - less risk, more structure! Does the thought of ETA grab your attention? Are you already involved? Share your thoughts with us and BizCrunch. #ETA #Entrepreneurship #Acquisitions

𝗡𝗼𝘁 𝗲𝘃𝗲𝗿𝘆 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗶𝘀 𝗶𝗻 𝗮 𝗽𝗼𝘀𝗶𝘁𝗶𝗼𝗻 𝘁𝗼 𝗴𝗿𝗼𝘄 𝗲𝘅𝗽𝗼𝗻𝗲𝗻𝘁𝗶𝗮𝗹𝗹𝘆. 🚀 In fact, more businesses failed by growing too fast than too slow. Even if you’re trying to step on the gas with sales, make sure that you have the right systems and processes in place to be able to grow profitably before you start adding a ton of new customers. 🌟 👉 If you’d like a second look at whether you’re ready to grow or not, I just built a quiz that distills over 20 years worth of strategy to point out what you can do first. ➖➖➖ For the past two decades, I've worked alongside dozens of founders, assisting them in building $100M+ companies primed for successful exits, including a startup to the #4 on the NASDAQ, a private exit, and an IPO. Throughout this process, my Present-to-Exit proprietary framework has been the foundation of our collaborative success, providing strategic guidance tailored to each unique business endeavor. ***** We just released a new valuation boost quiz you can use to see if your business is ready to scale. Type, "VALUE" in the COMMENTS below, and I'll send it to you for FREE - let it help transform your business in simple, and strategic steps. #marketing #entrepreneur #business #businessgrowth #founders #MoreWithLess

Its Book Recommendation Wednesday! Check out How to Stick the Landing: The M&A Handbook for Startups by Rowland Savage. "How to Stick the Landing" offers startup founders a practical roadmap for navigating the complexities of M&A deals, a domain often unfamiliar to them. By demystifying the acquisition process and providing insights into the motivations of involved parties, the book aims to alleviate the stress commonly experienced by first-time entrepreneurs undergoing such transactions. Through practical tips, real-world examples, and transparent guidance on each stage of the process, it seeks to empower founders with the knowledge needed to ensure smoother and more efficient acquisitions, ultimately leading to mutually beneficial outcomes for all stakeholders involved. Find it here: https://amzn.to/4a0qvxc  

Embarking on the entrepreneurial journey means wearing many hats. In the early days, founders don't just create products; they sell them too. From pitching to closing deals, the founder's role is dynamic and hands-on. Embracing the grind to connect with customers firsthand is a crucial step in building a successful saas venture. #Entrepreneurship #FoundersJourney #SalesAndSuccess

After achieving business success, many #startup founders consider a strategic merger or acquisition as the next step. Successfully navigating this pivotal phase in the #business lifecycle requires careful planning, strategic vision, and a comprehensive understanding of the M&A landscape. Read our new blog by attorney Joseph Tulloch to learn what business owners need to know about planning a strategic exit and discover the steps they can take best to prepare themselves and their company for a successful transition. Read it here: https://lnkd.in/eXwFR4EU #Berenzweiglaw #entrepreneurship #corporatelaw

CONFESSION: This is the day my VC-funded automotive business went into liquidation... I didn't know at the time you could go bust with a full order book and a profitable product... Asa bootstrapped founder, I always traded my way out of any situation with relative ease, but once you start to "venture scale" this becomes practically impossible. This is one of the many painful lessons you will learn as an up-and-coming entrepreneur. Not all deals are equal. No deal is better than a bad deal. -> Cash is King -> Maintain a cash reserve -> Build your own trusted team -> Scale only when the cash is in the bank -> Fundraise continuously from multiple sources -> Choose aligned investors, not just any available funding Business is a science, not an art. Focus on the basics, keep it simple, and you'll build a strong foundation for success. #founder #funding #business #VC #pitchdeck #investing #venturecapital #entrepreneur #startup