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Investor Connect Podcast


Investor Connect is for investors interested in learning more about investing in startup and growth stage companies. Experienced investors share their experiences and advice with those who are considering an investment into startups and growth companies. It includes a podcast series of interviews with investors to inform others about the process of funding startups as well as a resource list and a discussion board.  

Topics include sourcing, analyzing, and researching companies. Other topics include valuations, terms Sheets, board of directors, board of advisors, due diligence, syndicates, venture capital, angels, angel networks, family offices, crowdfunding, exits, and more.

Investor Connect is a community program. We welcome your suggestions for speakers and topics which you can send to us through the Contact page. No registration is required to use the resources.  Discussion boards are available to post and answer questions about startups and growth company investing through which registration is required.

Investor Connect is a program under the Texas Open Angel Network which is a 501(c3) non-profit dedicated to the education around startup funding.

Disclaimer: Hall T. Martin is the Director of Investor Connect which is dedicated to the education of investors for early stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

May 21, 2024

More Best Practices in a Turnaround Process

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

Here are more best practices to apply in your turnaround process:

Consider options that go beyond the current resources in the business. 

Consider bringing in additional team members and outside funding.

Get multiple views of the company from the team and investors to build a more holistic plan.

Use multiple touch points and formats to gather information from the team.

This includes not only formal meetings but also informal meetings, calls, and offline discussions.

Review the customers’ situation to see if the company’s offering still meets their needs.

The customer’s requirements may have changed due to the market.

Look at competitors who are successful to see what can be learned from their pricing, positioning, marketing, and strategy.

Consider changing the business model to fit the customer better.

Recurring revenue and pre-payment business models can also improve the financial condition of the business.

Consider changing the product altogether to capture more revenue.

The product may be outdated or undifferentiated in the current market.

Consider initiatives to reduce the operational cost by going paperless and speeding up cash collections.

Automation and improved financial payment tools can decrease costs and improve cash flow.

 

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 

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