Anthony Solomon’s Post

I face this dilemma myself and my clients do as well. Should I invest properly and do things right from the beginning or cut some corners and speed up??? It's a true balancing act - go too fast, and you risk the integrity of your foundation; too slow, and the market might leave you behind. ⭐ My suggested hybrid approach, mixing meticulous planning with agile execution, and piloting a limited portfolio or limited geography, sounds like a viable path to navigate the tricky waters of establishing a new business in a competitive environment. It really strikes a chord, especially the stat that 70% of startups fail from scaling too quickly. Would love to hear thoughts on finding that perfect balance! #businesslaunch #entrepreneurship #strategy #speed #sme #businessexpansion

Here are some fundamental points every early-stage #startupfounder should remember when building your #startup. 1) Focus on One Problem at a Time: Avoid trying to tackle too many issues simultaneously. Concentrate on solving one problem effectively. #problemsolving 2) Develop a Convincing Business Plan: Investors and VCs want to see a comprehensive business plan, including financial projections, detailed marketing strategies, and specifics about your target market. #startupstrategy 3) Craft a Compelling Story: Investors hear numerous pitches daily. What sets one apart is the storyline. Include the right amount of facts and figures about your startup. Starting your pitch with your story can set the tone and engage potential investors. #pitchperfect 4) Detail Your Plans for the Investment: Clearly outline what you will do with the funding and how your investment structure will work. #investmentplans 5) Show Commitment to the Future: Demonstrate to investors that you are thinking about the long-term future of your startup and that this business truly matters to you. #startupvision #entrepreneurship #funding #investors

What's your priority - Building Value or Valuation? When I meet aspiring founders seeking capital, this is one thing that makes a DIFFERENCE! A few questions that I seek: 🔻Does it solve a problem for an addressable market? 🔻What is the purpose of your business? 🔻How will it make a difference? 🔻How does it add value? I have always worked to build core value in my enterprise; if the value is appreciated, valuation usually follows. Chasing valuation without making a real difference is, in my opinion, a short-sighted approach. Well, of course, we can debate on this (I'd love your opinions) If you're building a business for the long run, building value followed by valuation is perhaps the better approach. 𝗕𝘂𝘁, If you want to create a valuation for capital gains or profits then building a valuation first could work. Hoping for quick valuation success in attaining a unicorn status does not happen in reality. Even if it does, it is short-lived. Putting in the hard work every single day and working towards organic growth is usually what is sustainable. PS: I love to guide startups in their entrepreneurial journey via mentoring or consultancy. Look forward to collaborating and helping in making your vision a REALITY. ✨ #BusinessGrowth #Entrepreneurship #StartupAdvice

🚀 Celebrating Start-Up Businesses! 🚀 At YourBalanced.Life, we’re excited to shine a spotlight on the vibrant world of start-up businesses today! 🌟✨ Start-ups are the heartbeat of innovation, creativity, and entrepreneurial spirit. They represent not just new ideas but the passion and dedication of those who dare to dream big and challenge the status quo. Each start-up embodies a unique vision and the drive to make a difference in the world. We recognize the challenges that come with launching and growing a new business, and we admire the resilience and ingenuity of start-up founders. Your commitment to pushing boundaries, solving problems, and creating opportunities is truly inspiring. Today, let’s celebrate the bold entrepreneurs who are shaping the future with their groundbreaking ideas and relentless pursuit of success. To all the start-ups out there: keep pushing forward, stay inspired, and continue to innovate. Your contributions are invaluable and your journey is remarkable! Here’s to your success and the positive impact you’re making on the world. 🚀💡 #StartUpCelebration #Entrepreneurship #Innovation #YourBalancedLife

10 minutes before their big pitch. Their website crashed. Every investor would check it. Panic? Not on our watch. We had 2 options: • Play safe, delay the pitch • Get creative, solve it NOW We chose option 2. In 7 minutes: - Spun up a one-page site - Moved core pitch elements - Added real-time analytics - Made it look intentional The result? Not only did they secure the $2M... The investors loved the "minimal approach" 😉 Plot twist: They kept our emergency site. "It converts better than our old one" - CEO Lesson? Sometimes the best solutions come from the worst situations. Your brand needs a partner who stays calm when things go wrong. That's why we're here. #branding #startup #webdesign #entrepreneurship

Embarking on a new business venture in 2024? 🚀 The decision of whether to go solo or partner up can be crucial for your success. The latest article I read sheds light on this dilemma, offering key insights into when embracing a partnership might be beneficial and when it's better to fly solo. From my own experience, choosing to launch a startup with a partner provided a broader skill set and split responsibilities, which massively relieved the pressure during our early days. However, it's essential to ensure that values and vision align perfectly to avoid potential conflicts. If you're at a crossroads 🤔, consider the complexities of your industry, required resources, and your personal capacity for risk. Partners can bring in valuable skills and investment but remember, simplicity and having full control can sometimes accelerate decisions and progress in a small business setup. Before you make your decision: 👉 Weigh the pros and cons 👉 Analyze the demands of your business model 👉 Reflect on your personal working style Are you teaming up for your next venture, or are you going solo? Share your thoughts or experiences! Make every post count, attract new clients and boost your revenue. Download our Exclusive Social Media Checklist, for FREE here - https://lnkd.in/dt8FE-Yr #Entrepreneurship #BusinessPartnership #SoloEntrepreneur #StartUp2024 #BusinessStrategy #SmallBusinessTips

Authenticity Over Illusion: The True Measure of Entrepreneurial Success In the dynamic world of startups, there's a common mantra: "fake it till you make it." But recent events, like the chaos at Gomechanic, remind us of the perils of this approach. Now, a new trend emerges where entrepreneurs proudly showcase their losses, but what does this mean for investors and the future of business? As entrepreneurs, it's crucial to understand the real value of our products and the sustainability of our ventures. While posting losses may seem transparent, it's earnings that validate a business in the long run. Investors entrust us with their capital, and it's our responsibility to honor that trust by building a solid foundation for success. Let's shift the narrative from celebrating losses to championing authenticity and sustainable growth. It's time to focus on building businesses that not only innovate but also generate tangible value for investors and stakeholders alike. #entrepreneurship #startuplife #businessgrowth

Finance is not about boosting sales. Finance is for effectively managing resources - > essentially getting a grasp over your business. Last year, I was lagging on keeping my books uptodate. I thought my business was performing well , both as cashflow and revenue were increasing. But only after I updated my books and generated the reports did I realize the business was underperforming compared to its potential. Finance provides us with a bird’s-eye view of the business. As the saying goes, sometimes you can’t see the forest for the trees. #financetips #startup #entrepreneurship

𝗣𝗶𝘁𝗰𝗵𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝘀𝘁𝗮𝗿𝘁𝘂𝗽 𝘁𝗼 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗶𝘀 𝗮 𝗴𝗮𝗺𝗲-𝗰𝗵𝗮𝗻𝗴𝗲𝗿—𝗶𝗳 𝘆𝗼𝘂 𝗱𝗼 𝗶𝘁 𝗿𝗶𝗴𝗵𝘁. 💼 Capturing the attention of VCs and funding providers requires more than just a great idea. It’s about delivering a pitch that’s clear, compelling, and backed by data. In this article, we break down the essentials every founder needs to know before stepping into the spotlight. ✨ Key highlights include: 🎯 Tailoring your pitch to align with what investors care about most. 🏆 Making your opening unforgettable with a concise, attention-grabbing hook. 📊 Proving your market demand with data and real-world examples. 💡 Preparing for tough questions with transparency and confidence. 🔗 Following up professionally to keep the conversation going. 🚀 Whether you’re pitching for seed funding or scaling your Series A, these tips can help you turn a nerve-wracking presentation into a moment of opportunity. 👉 Read the full article to fine-tune your pitch and make a lasting impression. https://lnkd.in/gv9W4ghP #StartupLife #InvestorPitch #Entrepreneurship #VCFunding #PitchPerfect #StartupTips #FoundersJourney #BusinessGrowth #Filot #StoreWithFilot

🔑 Does Corporate Purpose Really Matter? 🔑 Most startups create a corporate purpose statement when writing their business plan, but it often gets buried and forgotten. That’s a missed opportunity! In our latest blog, we explore why corporate purpose isn't just a buzzword—it’s a critical tool for execution, decision-making, and long-term success. 🚀 Using real lessons from Dragon’s Den investment failures, we show how a well-defined purpose can keep your business aligned, resilient, and on track for growth. 🔗 Read the full article here: https://lnkd.in/ezRrKysj At SEEIO, our platform helps companies embed their corporate purpose into day-to-day operations. From aligning your vision, mission, and values with your business objectives to setting a clear roadmap for growth—SEEIO ensures that purpose is more than just words on a page. Discover how integrating vision, mission, and values into your daily operations can make all the difference. #CorporatePurpose #StartupSuccess #BusinessStrategy #Entrepreneurship #DragonDenLessons #PurposeDrivenBusiness