Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.


For raising venture funding, first consider if you have a deal that’s in the game for venture funding by asking these questions:

Is it a high-growth company?

Is it scalable?

Do you have an experienced team ready to join?

Do you have a platform-based business, or is it a single product?

Do you have recurring revenue?

Do you have virality built into it?

Do you have network effects in it?

Are you addressing a large market?

Do you have a clear competitive advantage?

The more times you can answer yes to these questions, the more you have a venture business that qualifies for venture funding.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

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Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In considering a fundraise, think about your ultimate goal with the business.

Are you building a business that will be your lifestyle business for the next 20 years, or are you building a business that you plan to sell for a sizeable gain?

What’s the exit plan for my business?  How do you see it ending up?

What’s the timeline for the business?  Is it a going concern for the next 5, 10, 15, 20 years?

If you know the exit plan of your business and how long it will take, then funding the business becomes much easier to sort out.

If you plan to keep the business as a cash flow machine for yourself, then revenue-based funding may be the way to fund it.

If you plan to sell the business for a nice return, then equity funding will be a good option.

If you don’t need much funding, then you could cash flow it from revenue. 

If you don’t plan to sell the business and need a small amount of funding, you could take out a loan and after you pay it off you have the business free and clear for whatever you want to do.

The key is to understand the overall game plan for the business and then decide how to fund it.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/|
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

In this episode, Hall welcomes Andrew Coors, CEO and Founder of Steelhead Composites which was founded in 2012.

During his career, Andrew has managed a multi-million dollar fund, held an executive position at a Fortune 500 Company and more. Steelhead Composites engineers, designs, manufactures and tests their products in-house in Colorado. They currently export fluid power/hydraulic accumulators, composite pressure vessels and gas storage to 26 countries. |

Andrew can be reached via LinkedIn at https://www.linkedin.com/in/andrew-coors-7615093/  
He can be contacted via email at acoors@steelheadcomposites.com 
You can find Steelhead Composites at http://www.steelheadcomposites.com/

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

How do you know if you need funding for your startup?

First, consider the type of business you are going to build and what it will take to get it up and running.

Are you setting up a services business? Or will it be a tech-enabled business? Or will it be a physical product business?

The type of business will determine the cash flow needs. 

Service businesses can be bootstrapped by using customer money to fund it.

Tech-enabled businesses typically need to raise funding due to the cost of building out the technology that drives it.

Physical product businesses need to raise funding along the way due to the cost of building product and inventory.

The second question is how fast do you plan to grow?

The faster the growth rate, the more funding you’ll need to grow it.

The slower the growth rate, the less funding you’ll need.

Consider these two questions to figure out how much funding you’ll need.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

In raising funding it’s best to break the raise into milestones rather than raising the entire amount of funding in one go.

Milestones are typically broken out as follows:

Raise $250K from family and friends to build the initial product and stand up the business.

Raise $500K seed round from angel investors to finish the product and start engaging customers.

Raise another $500K from more angel investors in a seed+ round to fill out the team and solidify the business.

Raise $1M to $3M from venture capital to grow the revenue.

If you raise too much funding at the start of the business you’ll end up giving away too much equity.

It’s best to tranche out the raise and increase the valuation at each step.

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org

Check out our other podcasts here: https://investorconnect.org/
For Investors check out: https://tencapital.group/investor-landing/
For Startups check out: https://tencapital.group/company-landing/
For eGuides check out: https://tencapital.group/education/
For upcoming Events, check out https://tencapital.group/events/

For Feedback please contact info@tencapital.group

In this episode, Hall welcomes Military Veteran, Doug Doan of Hivers and Strivers.

Hivers and Strivers is an Angel Investment Group focusing on early-stage investments to support startup companies founded and run by graduates of the U.S. Military Academies. This group of investors is industry and geography-agnostic and they invest exclusively in companies with great leaders. 

You can find Hivers and Strivers at www.Hiversandstrivers.com

Doug can be reached on LinkedIn at https://www.linkedin.com/in/doug-doan-75156bb/ or via email at doug@hiversandstrivers.com