I am so delighted you have joined our
VentureWrench Community of high potential entrepreneurs.
Hi, Nicole Toomey Davis here! At VentureWrench, our passion is helping entrepreneurs regain the upper hand in the game of entrepreneurship.
The playing field IS tilted against entrepreneurs by investors and the “entrepreneurial ecosystem”. To all of them, you and your startup are a commodity, you are part of the “deal flow”. I know that to you, your startup is a passion or mission or even part of your family. I know because that’s what I said about my first startup, to me it wasn’t a “deal”, it was my baby!
I can’t tell you how many mistakes I made
when I raised millions for my first startup
(and I don’t want you to make the same mistakes) –
starting with the fact that I didn’t start with an elevator pitch!
I’m a serial technology entrepreneur with a passion for coaching high potential entrepreneurs. When I went to my first industry event after we co-founded DoBox, my first company, I didn’t have an elevator pitch, I thought that was a goofy idea. People I met asked me “what are you doing”. And I said “bda bda bda”. That was the day I became a convert – I really, really, really needed an elevator pitch and you do too!
My Pitch Template is a good start, but if you feel like you need a little more insight, My quickstart course “Elevating your Elevator Pitch” can help you get to a compelling elevator pitch in less than 2 hours! Grab it now for only $37 dollars, a special only for members of our VentureWrench community. (Don’t forget if you already have signed up for one of our courses, log in with your existing account and ALL of your great info will be at the same place!)
Elevating your Elevator Pitch - Quickstart Workshop
When I co-founded my first startup, I had my MBA from Stanford, I had friends who had raised money, and I had friends who were on the VC side. So I knew a lot about raising money, but there was a whole lot more I didn't know and that nobody talked about!
I learned a lot raising money for that first startup. But it wasn't until after selling DoBox to a public company, then running a grant funding and mentoring program for the State of Utah and becoming part of the funding pipeline, that I really saw the inside of the VC industry.
I learned insider information that VC's and angel investors (and their friends) really don't want you to know. But I DO want you to know. I want to help entrepreneurs level the playing field and get a better deal from investors and achieve the success they imagine.
Too many entrepreneurs struggle for too long thinking there is something wrong with them. But the truth is, they just don't know the rules of the game.
To help, I have created a quickstart workshop to help entrepreneurs develop their elevator pitch quickly, and now I can offer that same workshop online to help you. This is part of our philosophy of Designing the Perfect Investor™.
Elevating your Elevator Pitch - Quickstart Workshop
Are you already raising capital? Is it not going as well as you would like? Then read on!
After selling that first startup, then running a grant funding and mentoring program for Utah, and mentoring dozens if not hundreds of entrepreneurs, I really saw the inside of the VC industry. I learned that investors really do not want to invest in first time entrepreneurs! After starting this new startup focused on entrepreneurs with VentureWrench, I decided to try and share what I had learned, to help more entrepreneurs transform from being a "newbie" to being a "smart and savvy" entrepreneur that investors are interested in backing.
I was able to identify a "process" that any entrepreneur who wants to raise money can follow. It's a process that will help an entrepreneur know if their market is big enough to interest investors, and whether raising money is something interesting to them and suitable for their business. And I wanted to share back what I had come to understand with all the emerging entrepreneurs so they wouldn't have to go through the school of hard knocks like I did! I started giving presentations to local groups called "Designing the Perfect Investor".
One day, I was asked by a friend on the investor side if I would present my "Designing" presentation to a group of handpicked entrepreneurs from all over the country. I was happy to help, but as we walked in, I asked my friend if this was really the best presentation on raising money that he knew of (of course I wanted to go learn from the best one!). He stopped me cold with what he said next - he said "It is the best one, Nicole, because it is from the perspective of the Entrepreneur, and everything else out there is from the perspective of the investor!"
Well, that comment changed my life. I've watched and looked ever since, and he's still right. Entrepreneurs do write posts, or are recorded talking about their "experience", but all of the "courses" and the "bootcamps" and "how-to" presentations seem to come from the investor perspective even if that investor used to be an entrepreneur.
When I was raising my first round of funding, I said, "That's what I need, the investor perspective." But what I didn't realize was that raising a round of funding for my company was the negotiation of a lifetime, and it's the negotiation of your lifetime too! When I buy a used car, I don't rely on the used car salesman to tell me how to negotiate the best deal, instead I do my homework from unbiased sources. When you are negotiating with investors, you need unbiased sources too!
So that's why I decided to create a new course - one from the perspective of the entrepreneur, one that shares those insider VC and angel investor secrets that I've learned that other people aren't sharing! A course that I now call Designing the Perfect Investor - Raising Money for your Startup
Is your raise not going as well as you want? Feeling a little overwhelmed or frustrated? Does it seem like everyone knows the rules of the game but you? Want to be the type of smart and savvy entrepreneur that investors are anxious to back? Then check out this new course, designed just for you!
This step by step course is designed to help entrepreneurs move from "frustrated newbie" to "smart and savvy" and help you:
1) Identify your Fit in the market
2) Identify the characteristics of your Perfect Investor and identify ways to find those investors
3) Create the tools you need to be ready to raise money from investors
If you think this might help you improve your odds for success and save time and money, for less than the cost of a hotel night, click Designing the Perfect Investor - Raising Money for your Startup to sign up!