Pitching- Go straight to the point.
And end right there.
#36
I know y’all don’t like to read on Fridays so we’ll keep this short and tidy just like this piece of advice from Big Chief.
Please, when presenting a startup idea, try to go straight to the point. Learn to stop trying to make yourself look good first or show off meaningless stats.
What is the problem?
Where are your numbers?
When will it make money?
What do you need?
Already plenty words.
Now peep and subscribe to my podcast recommendation.
Article List— What I’m reading (10 articles a day x 7 days x 4 weeks x 12 months = 3360 articles a year). Building the scope of my knowledge.
Billionaire Pattison Hoards Cash as Global Trade Tensions Mount: JAA’s analysis is that this is why most of the IPOs are flopping. Can’t argue with that. Hold your hats, people!
Peloton falls below IPO price in Wall Street debut: Surprise, surprise. Unprofitable businesses are a no-no. But guess who’s suffering in the case of all these companies’ shares tumbling after IPOs? Not the banks, not the founders who cashed out. The employees who have to ensure the lockup period. Be a Zoom. But then again, same IPO drop happened with Facebook, Amazon, Salesforce, Netflix, Square etc etc etc. and look at them now. I guess we just have to wait and see.
WeWork Cleans House, Looks to Trim Staff Close to Ex-CEO, Sell Private Jet: Cutting your staff (i.e. family and friends) is probably one of the hardest things. But cutting 12,000 jobs? Yea that’s wild.
France: Jacques Chirac’s history in Africa: Spent a good year learning about this man and his work (control) in Africa. RIP to Jacques.
WeWork Is Unloading Adam Neumann’s Cronies- And His Private Jet: Well well what do we have here? 60m$ G650 and 100k Maybach? Welp. But would’ve probably done the same but a little different.
Due Diligence: Don’t get too distracted by Africa’s macro story, says investor: The devil is in the details.
WeWTF, Part Deux: “The board’s willingness to sell shares at 75% off (after seven days) says insiders knew the firm desperately needed money, and the price they advertised seven days before was not a real number.” 🤔🤔🤔
Nigeria’s CcHub acquires Kenya’s iHub to create mega Africa incubator: This is the content I signed up for! Big up, Bosun and co.
Podcast— What I’m listening to (1 podcast episode a day x 7 days x 4 weeks x 12 months = 336 podcast episodes). Broadening my experiences through others’ stories.
The Pitch: Want to learn what a good or bad pitch sounds like? And the kinds of questions investors would ask? Yea, listen to this.
Book— 1 Chapter a day x 7 days x 4 weeks x 12 months = 336 chapters. Most books have 10-12 chapters, so 1 year = 28 to 33 books. And my book list is nearing 1000 books. Send help 🌚
Almost done with this AI book. Was looking back at my highlights and came across this bit: “Data from mobile payments is currently generating the richest maps of consumer activity the world has ever known, far exceeding the data from traditional credit card purchases or online activity captured by e-commerce players like Amazon or platforms like Google and Yelp.” Got me thinking about what we (or rather the telcos) can do with all the data from mobile money transactions. And now that MTN has the Mobile Money open API platform, what can we do with that? 🤔
Twitter screenshot of the day
Fancy exercise I did on the plane to Paris- what is my cost of living per hour?
Take your bank statement for last year
Circle total expenditure all year
Divide that by 8760
Double the number
Super helpful exercise for knowing what your time costs.
Remember folks: “Until the lion learns to write, every story will glorify the hunter.”