Super Founders: What Data Reveals About Billion-Dollar Startups
Super Foundersuses a data-driven approach to understand what really differentiates billion-dollar startups from the restrevealing that nearly everything we thought was true about them is false!Ali Tamaseb has spent thousands of hours manually amassing what may be the largest dataset ever collected on startups comparing billion-dollar startups with those that failed to become one30000 data points on nearly every factor: number of competitors market size the founders age his or her universitys ranking quality of investors fundraising time and many many more.And what he found looked far different than expected. Just to mention a few: Most unicorn founders had no industry experience;There's no disadvantage to being a solo founder or to being a non-technical CEO;Less than 15% went through any kind of accelerator program;Over half had strong competitors when starting--being first to market with an idea does not actually matter. You will also hear the stories of the early days of billion-dollar startups first-hand. The book includes exclusive interviews with the founders/investors ofZoom Instacart PayPal Nest Github Flatiron Health Kite Pharma Facebook Stripe Airbnb YouTube LinkedIn Lyft DoorDash Coinbase andSquare venture capital investors likeElad GilPeter ThielAlfred LinfromSequoia CapitalandKeith RaboisofFounders Fund as well as previously untold stories about the early days of ByteDance (TikTok) WhatsApp Dropbox Discord DiDi Flipkart Instagram Careem Peloton and SpaceX.Packed with counterintuitive insights and inside stories from people who have built massively successful companiesSuper Foundersis a paradigm-shifting andactionableguide for entrepreneurs investors and anyone interested in what makes a startup successful.
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The key to successfully starting any concern is a fine concern plan. In his ebook, Super Founders: What Data Reveals About Billion-Dollar Startups, Mike Elia walks you through the concern plan process step-by-step: from deposit the evidence youll use to construct your plan to delivering your plan to qualified investors.
His stamp album provides the basic suggestion you compulsion to write a concern plan. But its genuine focus is revealing how to communicate your plan to investors and persuade them that your concern is their best investment choice.
When I first opened concern plan Secrets Revealed, my heart sank. You see, I had promised Mike I would gate his stamp album certainly since writing a review. And concern plan Secrets Revealed is no ordinary ebook in the same way as one sentence paragraphs, large fonts and hefty margins. Its crammed full of information!
But as I began to read, I was in a friendly way surprised. Mikes writing style is interesting and practical, and his explanations simplify hard concepts. Throughout the book, I felt as though a pal was sitting in the same way as me upon the assist porch, matter-of-factly explaining exactly how to reach something. Its the nice of simple practicality that you can achieve unaccompanied in the same way as you fully comprehend a subject.
Mikes positive treaty of concern planning concepts results from experience spanning more than 20 years. Mike helps concern owners buy, sell and finance their businesses. He has overseen manufacturing and sales locations in more than nine countries. He is a CPA, holds a Masters in concern Administration, and has served as Chief Financial supervisor of two publicly held companies.
Business plan Secrets Revealed starts in the same way as tips for collecting and organizing the suggestion youll need. From the beginning, Mike concentrates upon overcoming your biggest single challengebridging the fortune-hunter confidence gap. In the chapter Show Me the Numbers, Mike provides some of the clearest explanations of concern financial statements that Ive ever gate If concepts in the same way as stockholders equity or statements of cash flow create your eyes glaze over, later your salvation has arrived.
Later chapters of concern plan Secrets Revealed truly attend to upon Mikes treaty to assist you communicate your concern plan effectively. There are unadulterated instructions upon writing your concern plan, including how to acquire your plan opened and read, and how to avoid nine common writing mistakes. He explains how choosing the right design can create your concern plan easier to read. Mike wraps things going on by telling you how to prepare for valuable face-to-face epoch in the same way as investors, including developing a 60-second, to-the-point, verbal ring for your business. Tips upon finding investors and a resources section unadulterated the book.
I must say you will that several epoch as I was reading, I would ask myself, Do I truly compulsion this much concern plan? This is not a fill-in-the-blanks-and-print-it-out concern plan solution. But later I realizedif Im colossal approximately succeeding, later I reach compulsion to know as much as practicable approximately my concern going on front. since Ive started spending money. since I put myself upon the line out in the market.
By the way, I did create it through the combined book. And I stated that Mike delivers what he promises upon the title page: he teaches you how to speedily hoard evidence, construct a fighting for your business, and write a readable plan that attracts investors and makes your concern the most charming investment choice. Even if you already own new concern planning resources, I very recommend concern plan Secrets Revealed
