Investor Connect Podcast

Thought Experiments for Startups

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

A thought experiment is a hypothesis laid out for thinking through its consequences.

Many great thinkers have used this technique to solve problems.

Galileo used it to prove his idea that mass does not influence acceleration when he dropped both a heavy and light ball from the Tower of Pisa to demonstrate that both objects landed at the same time.

Startups can use thought experiments to test their startup hypothesis.

Here are some example experiments:

If an investor gave you $1M today how would you deploy it?

If you don’t know exactly what you would do with the funding, then you are not ready for it.

If you were an investor looking at your company what would you want to know?

Review your pitch deck to see if it includes all the points that come to mind.

If you can imagine why an investor would pass on your deal, then what risks do you see in the deal?

Determine how you can mitigate those risks and show the company will succeed.

If you asked two or three competitors what they think about your business, what would they say?

Consider fixing those issues in your business.

By using thought experiments the founder can test their startup's main hypothesis and each aspect of the business.

 

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.

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

Check out our other podcasts here: https://investorconnect.org/ 
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Music courtesy of Bensound.

Direct download: Thought_experiments_for_startups.mp3
Category:general -- posted at: 5:00am CDT

On this episode of Investor Connect, Hall welcomes Chelsea Toler, President of The Keep Families Giving Foundation.

Located in Austin, Texas, USA, The Keep Families Giving Foundation educates and cultivates the next generation of philanthropists while creating a collaborative community across generations and sectors for social good.

They envision a world where the next generation of philanthropists are provided with the education, mentorship, community, leadership opportunities, and tools needed to carry on their family legacy and champion their own social good causes. 

Chelsea graduated from The University of Texas with a bachelor’s degree in Liberal Arts Honors, Plan 1, and Humanities Honors. Chelsea received her Master of Liberal Arts with a focus on Grant Writing and Nonprofit Leadership from St. Edward's University in 2017 and is currently pursuing her Ph.D. in Professional Adult and Community Education with a research focus on intergenerational education in the Philanthropy sector at Texas State University as the cohort's only Doctoral Merit Fellow.

Chelsea is passionate about intergenerational education, inspiring the next generation of philanthropists, and serves as a member of Nexus, Nexus' partnership brain trust with the United Nations (UNFPA), the Association of Fundraising Professionals, the Young Professionals Network of Austin, Southwestern Angel Network, Art Crowd, and the Grant Writing Association.

Chelsea educates the next generations in impact and philanthropy in alignment with United Nations Sustainable Development Goals. 

 

About World Logic Day

Logictry’s World Logic Day Forum will highlight the importance of Logic across sectors around the world in alignment with the United Nations Sustainable Development Goals.

Participate in intergenerational, cross-sector panels and sessions to help share more about the why behind various UN SDG-related initiatives and promote collaboration for world peace. Logictry will lead this initiative in partnership with the NOVA Impact and the UN SDSN Leadership teams.

Register for World Logic Day 2023 here:  

www.eventbrite.com/e/world-logic-day-2023-tickets-432497239887 

Visit The Keep Families Giving Foundation at www.keepfamiliesgiving.org, and www.linkedin.com/company/keep-families-giving.

Reach out to Chelsea at chelsea@logictry.com, and www.linkedin.com/in/catoler92.

 

_______________________________________________________

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   

Please follow, share, and leave a review.

Music courtesy of Bensound.

Direct download: Chelsea_Toler_of_The_Keep_Families_Giving_Foundation.mp3
Category:general -- posted at: 5:00am CDT

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