Finalizing Startup Projectionsby Wil SchroterIt’s not uncommon for a first-year startup to be constantly adjusting the numbers and watching the forecasts swing all over the place on a regular basis. Forecasting isn’t a one-time thing, especially for startups. We should be updating this forecast constantly as we get more and more data about how our business will perform.Continue
All Founders are Beloved In Good Timesby Wil SchroterWhen things are going well — getting funding, bringing in high revenue — everybody loves you. But when things go south, no one is around. Is there a way this can be avoided altogether?Continue
Our Startup Culture of Entitlementby Wil SchroterThere is danger in expecting too much from our Startup when we think we should get additional funding because the business is growing and it will merit us more opportunities. Reality check: things don't work this way.Continue
The Surprising Benefits of Dealing with Rejectionby Lucy DazilmaAlthough rejection can leave us feeling hopeless, knowing that there is a positive side to it can give us hope. If we can agree that rejection sucks and is a part of life, we should also agree that there are ways to make rejection benefit us.Continue
The Bullshit Case for Raising Capitalby Wil SchroterHaving lots of capital does not mean success right away. You see, it’s not all about having a lot of financial resources. You gotta have skills, connections, and the right amount of luck too! So, how much money do you actually need to scale your business?Continue
Startup CEOs Aren't Really CEOsby Wil SchroterThe CEO title bears a lot of responsibility. It’s easy to get the title, in fact, anyone can become one — but do you have the right qualifications and enough experience to be called a CEO?Continue
Startup Fixed Costsby Wil SchroterEveryone's business startup costs will start as a few estimates, and over time, land at more focused projections. We need a little bit of time and reality to give us the final answer. Let's dive into the wonderful world of fixed costs to get started on the right foot.Continue
Startup Financial Assumptionsby Wil SchroterAll startup financial projections are based on a few key assumptions about how we feel the business will perform. In this article, we're going to explain what key assumptions drive our financial forecasts and how to adjust them to create a financial model that works.Continue
We Only Have to be Right Onceby Wil SchroterFounders sometimes think they’ve reached that billion-dollar moment in their Startup and then end up disappointed by the result. But how many shots do we actually have? If we can only be right once, we should be fully equipped once we get to that point.Continue