Hi Brett! Very nicely presented topics! Thanks. But I have a question: In another video - "What You Should Never Say To An Investor", you say, it is a red flag to investor if you say that any financial plan or estimate is conservative. Yet in this video, you show us a LinkedIn financial plan which on the top of the second group column has "Conserviative Projections" title. So, how do you explain this discrepancy? LinkedIn plan looks realistic, I don't know, and it is a conservative projection. To tell or not to tell? The question is now? Thanks for any suggestions (maybe Linked in plan was just to show the main topics of an estimate? and we should disregard the naming of the second column group?) Thanks, anyway.
Thanks for the kind words.. Great point regarding LinkedIn. I think I said in the video that was a mistake on their part to do this. Having said that, the rules might a little different when you already had all the gravitas built up that Reid Hoffman did. Then you could say a plan was conservative and investors would believe it. You and I don't have that gravitas, so we have to play by a different set of rules.
This is great, have a property acquisition proposal for an educational property development to run a foundation and community charity. Looking for that link now! Thank you
I learned a clear breakdown of what I need to show for financials. I'm not a numbers person, but I'm refusing to stay in that mindset as the founder and CEO. I appreciate your clarity and breakdown. I would really like to get clarity on how you determine how many shares your organization has while in a seed round. Are there any great tools to help calculate financials that you can suggest? Adding a finance professional to my team, even on a consultative basis, is my next move.
The amount of shares is determined when you incorporate your company. More important than a financial person, which you can hire on a fractional basis, is hiring a lawyer to make sure your startup is set up properly. This will include the number of shares issued.
Hi Eyosiyase, I have a program called Zero to Pitch that is geared towards helping CEOs prepare their pitch deck and pitch. You can learn more here: www.brettjfox.com/zero-to-pitch/
Super helpful! I am working on my pitch deck and the financial slide is daunting 🥺 I like that you explained the historical column. Thank you!
I'm glad you found this helpful, Precious
crystal clear details for pitch deck financials, Another fantastic video By Brett.
Thanks for the kind words, Lokesh. I'm glad this was useful for you.
Hi Brett! Very nicely presented topics! Thanks. But I have a question: In another video - "What You Should Never Say To An Investor", you say, it is a red flag to investor if you say that any financial plan or estimate is conservative. Yet in this video, you show us a LinkedIn financial plan which on the top of the second group column has "Conserviative Projections" title. So, how do you explain this discrepancy? LinkedIn plan looks realistic, I don't know, and it is a conservative projection. To tell or not to tell? The question is now? Thanks for any suggestions (maybe Linked in plan was just to show the main topics of an estimate? and we should disregard the naming of the second column group?) Thanks, anyway.
Thanks for the kind words.. Great point regarding LinkedIn. I think I said in the video that was a mistake on their part to do this. Having said that, the rules might a little different when you already had all the gravitas built up that Reid Hoffman did. Then you could say a plan was conservative and investors would believe it. You and I don't have that gravitas, so we have to play by a different set of rules.
Clear and helpful. Thanks for sharing
You're welcome!
This is great, have a property acquisition proposal for an educational property development to run a foundation and community charity. Looking for that link now! Thank you
You're welcome!
I learned a clear breakdown of what I need to show for financials. I'm not a numbers person, but I'm refusing to stay in that mindset as the founder and CEO. I appreciate your clarity and breakdown. I would really like to get clarity on how you determine how many shares your organization has while in a seed round. Are there any great tools to help calculate financials that you can suggest? Adding a finance professional to my team, even on a consultative basis, is my next move.
The amount of shares is determined when you incorporate your company. More important than a financial person, which you can hire on a fractional basis, is hiring a lawyer to make sure your startup is set up properly. This will include the number of shares issued.
@@BrettFoxstartupceo Thank you!
Can you tell me if you have any videos for cfos who needs to meet with investors - key points?
I do have some traction for the last four month and I'm about to preparing my pitch deck can you helping on getting it?
Hi Eyosiyase, I have a program called Zero to Pitch that is geared towards helping CEOs prepare their pitch deck and pitch. You can learn more here: www.brettjfox.com/zero-to-pitch/
Very useful video ❤
Thanks for your kind words!
To get your free Startup Pitch Deck Template go to: www.brettjfox.com/startup-pitch-deck-template-youtube/
Join my free community for startup CEOs here. There are weekly AMAs with me: Skool group: www.skool.com/zero-to-pitch-7541/about
Show 5 years? Or is 3 sufficient?
Three years is fine
What about a company that has not started business and has no revenue ?
Great question. It's pretty similar. However, you're going to be likely presenting to friends and family and maybe angel investors