Pitch it!
36.7K views | +17 today
Follow
Pitch it!
Startups, Entrepreneurs, be better informed before you 'Pitch it'!
Curated by Marc Kneepkens
Your new post is loading...
Your new post is loading...
Scooped by Marc Kneepkens
Scoop.it!

How to get your project funded, some advice and ideas

How to get your project funded, some advice and ideas | Pitch it! | Scoop.it

Funding multi million dollar projects is a serious matter. Having a great idea is just a start.
Here are a few steps to follow:

Have a set of quality documents ready for the funding process, first of all you need a good teaser, this is a brief description of what you are looking for: Do you want equity or debt or a combination? How much are you looking for? What type of project do you have? What country is your project in? Just remember, this is like an elevator pitch, you only have a few seconds to catch the attention. Make a good title and put all of the important information in that title or first sentence. The rest of the paragraph is a description with a few more details and contact information. Read more: click image or title.





Get your Free Business Plan Template here: http://bit.l/1aKy7km


Marc Kneepkens's insight:

Dealing with this on a daily basis is frustrating. It triggered me to write this brief article on what matters when looking for #funding.

more...
No comment yet.
Scooped by Marc Kneepkens
Scoop.it!

Actionable Metrics - Say Hello to Cohort Analysis

Actionable Metrics - Say Hello to Cohort Analysis | Pitch it! | Scoop.it

First, what is an actionable metric?

An actionable metric is one that ties specific and repeatable actions to observed results.

The opposite of actionable metrics are vanity metrics (like web hits or number of downloads) which only serve to document the current state of the product but offer no insight into how we got here or what to do next.

In my last post, I highlighted the importance of thinking in terms of Pivots versus Optimizations before product/market fit.

Pivots are characterized by maximizing learning while Optimizations are characterized by maximizing efficiency.

This distinction carries over to metrics too. As we’ll see some metrics matter more than others depending on the stage of the company but more importantly, it’s how these metrics are measured that make them actionable versus not. I’ll share my 3 rules to actionable metrics, derived from Lean Startup principles, and specifically focus on what metrics I measure and how I measure them.

To read the full article, click on the title.


Get your Free Business Plan Template here: http://bit.ly/1aKy7km

Marc Kneepkens's insight:

Good practical metrics are necessary when building a product/service for a startup, or a company launching a new product. This is good information.

more...
No comment yet.
Scooped by Marc Kneepkens
Scoop.it!

A Guide to Winning Support for Your New Idea or Project - Harvard Business Review

A Guide to Winning Support for Your New Idea or Project - Harvard Business Review | Pitch it! | Scoop.it
Persistence is key.

You’ve got an idea for something that will improve your company’s bottom line or make it a better place to work. Nice going. Now for the hard part: How do you get people on board? How do you get funding? And what should you do if your idea doesn’t catch on?

What the Experts Say
In an ideal world, you’d come up with a genius new idea, tell your coworkers about it, and they’d immediately grasp its brilliance. Your boss would love it — and you! — and give you the resources you need to execute it. But that’s not reality. “It’s very hard to start a new initiative,” says John Butman, author of Breaking Out: How to Build Influence in a World of Competing Ideas. “It’s hard to get people to listen to your idea, to understand your idea, and to take action.” It may be difficult, but it’s also a vital skill to master. “Organizations need to keep changing, adapting, and innovating,” he says. “If they don’t, they stagnate and disappear.” But it’s not only the success of your company that’s at stake, says Susan Ashford, professor of management and organization at Michigan’s Ross School of Business. The ability to get new initiatives off the ground is also critical to your career. “You want to stand out, be visible, and get noticed as a leader,” she says. “And one of the ways to do this is by suggesting change ideas and implementing them.” Here are some pointers on how to get your idea moving. Read more: click image or title.





Need funding?

Get your Free Business Plan Template here: http://bit.l/1aKy7km


Marc Kneepkens's insight:

Coming up with new ideas or projects is challenging, especially when this entails to find funding for the idea. This article goes a little deeper in approaching how to proceed.

more...
No comment yet.