Financial

Why Companies Fail & How To Prevent It

By | Financial, Leadership, Startups | 8 Comments

Are you running out of money?

Do you have something people want to buy?

Do you have a cost effective marketing plan?

Do you have the skills to lead your team?

Are you able to hire great people?

Have you built a system that outlines how you deliver value to your customers in a repeatable way?

Feeling overwhelmed by this avalanche of questions, and wishing you could get back to your regularly-scheduled programming of being “fake busy” and avoiding the hard sh*t? Read More

7 Steps To Turn Around ANY Failing Company

By | Financial, Startups, Strategy | 4 Comments

I’m the guy that gets the call when a business is in trouble…

… when a business is on the verge of bankruptcy.

Friends call me.

Banks call me.

If I’m lucky, the entrepreneur calls me before it’s too late.

The truth is, it’s always challenging for me to see another entrepreneur failing…

… especially when they have major debt owed, personal guarantees and their biggest dreams hanging in the air as collateral.

It’s even more heartbreaking when kids are involved.

It crushes me inside.

That being said, the game plan to turn things around is ALWAYS the same. Read More

5 Important Elements of a Financial Business Model

By | Financial, Growth Engine, Metrics | 4 Comments

Have you ever felt stupid?

I have.

For pretty much my entire teenage existence I felt like I didn’t understand the world around me.

When I got into business at 17 it was no different.

I’d watch these “businessmen” talk and I had no clue what they were saying….

… but over time I decided to learn.

I put in the time to study books on marketing, finance, leadership, design, etc..

After a while, I could understand what they were saying and actually challenge some of their views.

Once you learn business, it’s really not that complicated.

It comes down to 5 core elements that need to be understood. Read More

The Top 5 SaaS Metrics

By | Financial, Metrics, Startups | 8 Comments

Are you a SaaS entrepreneur?

If not, probably best to skip this blog…

… but don’t worry, next week I’m going to share a killer strategy on how ANY business owner can grow their company by “drafting” on other people’s hard work.

Simple strategy, but powerful results.

However, if you ARE a SaaS entrepreneur, then let’s talk numbers.

Every day I get someone asking:

“What are the key metrics I should be monitoring in my startup?”

Even though it’s a loaded question, when it really comes down to it… Read More

5 Mistakes Entrepreneurs Make When Selling Their Business

By | Financial, Startups, Strategy | 2 Comments

Alright, I need to correct something.

At the 34 second mark of this video… I lied.

I was sharing about the past 10 years in business and I said “I started and scaled 10 companies…”

Now, hopefully we both know that isn’t true (or possible).

The real number is 3, not 10… but still, 3 startups from scratch, scaled to multi-million dollar companies – and exited – not bad, right? Read More

3 Things A Business Must Do To Be Successful

By | Financial, Marketing, Startups, Strategy | 4 Comments

The other week I had the privilege of having Greg Crabtree, the author of Simple Numbers, over to my house for dinner.

What I love about Greg is how he simplifies everything down to its core essence…

… or a farm analogy 🙂

I absolutely love the way he teaches and tells stories.

He’s from Huntsville, Alabama and grew up on a chicken farm.

Actually, one of my favourite analogies he mentioned was… Read More

You Can Only Keep What You Give Away

By | Community, Financial, Leadership | 19 Comments

I’m about to challenge you in a really BIG way, .

There’s even a chance it’ll make you feel slightly uncomfortable…

Maybe even have you reaching for the tiny X in the corner of your browser.

But that’s perfectly alright…

Cause as an entrepreneur committed to your growth and success, it’s a message you absolutely have to hear.

There’s just no escaping it.

It’s the topic of GIVING.
Read More

How To Raise Venture Capital For Your Startup

By | Financial, Startups, Strategy, Upcoming Events | 9 Comments

In last weeks video I shared a story of a friend who had a hard time raising his round of funding… that prompted a bunch of replies and questions on my framework.

Exclusive Training: Download an in-depth training webinar that goes over my complete step-by-step fundraising process.

So this week I shot a quick video on the 5 strategies to help you raise your round quickly.

  1. Research Investors for Fit
  2. Pre-Marketing Hustle
  3. Your Product is Your Pitch Deck
  4. Running The Process
  5. Sprinting Across The Close

I share a story of my first investor call, how crazy our expectations were regarding our valuation, and how we recovered from that failed conversation.

If you’re feeling scared, overwhelmed or confused, trust me – I know what you’re going through…

… watch this video to learn how to reduce the pain and increase your probability of closing a great round of funding:

In the video, I also share one of my BEST tips for getting introductions to investors… do it this way, and you’ll have 99% chance of getting a meeting.

Also, here’s one of my favourite quotes when it comes to meeting investors…

“Investors don’t want to meet you, they want to be introduced to you.” (click to tweet)

Please leave a comment below with your biggest takeaway from the video above… what strategy made the most sense for you? Got any great fundraising stories? Lets hear them below… I’ll share more if you go first!

With gratitude,

– Dan

How to Sell Your Startup for More Than It’s Worth

By | Financial, Startups, Strategy | 14 Comments

So here’s the deal.

(See what I did there?)

At some point, if you start a company – you’re going to think about selling it…

… or maybe you don’t plan on selling it, but one day someone may show up and offer to buy it – that’s what happened to me.

Regardless, I want to help you make that process way easier so you can optimize the outcome and reduce the amount of time involved.
Read More

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