Allen Meringolo’s Post

Are you a founder seeking funding for your business? Led by entrepreneurs for entrepreneurs, we aim to provide strategic investment, mentorship and resources to visionary entrepreneurs. Each founder, company and business plan is unique, but here’s what we tend to look for in the sectors we have expertise in: ✅ Be transparent about your mistakes and don't be afraid to communicate when things don't go to plan. A great founder knows how to pivot and evolve. ✅ Business plans - whilst it is great to have a five-year plan, we want to know the strategy for the next 6, 12 and 18 months. ✅ Conserve cash - draw the purse strings, spend when necessary, and try to ensure a clear path to a return on the investment. Andrew Wolfson recently spoke to Zoe Hu at Drapers to share some of his advice for early-stage fashion businesses following our latest investments in the sector—TALA and With Nothing Underneath. Read the full piece in the comments below.   We back ambitious founders disrupting incumbents in the consumer, business services and technology sectors. Do get in touch if you would like to introduce us to your business.

Have you ever asked? How do I value my business? I was delighted to be invited by York Zucchi and The StartUp Tribe to put together this free course. We covered: 1) The importance of valuing your business 2) The emotional aspect of valuing your business 3) Common mistakes in Business Valuation 4) Practicalities of Business Valuation 5) Getting to know your business 6) Understanding how your business makes money 7) How your business spends money 8) Working capital and cash flow 9) The potential for future growth and development 10) The Phase and Maturity of a Business 12) The Timeline and Probability of Success 13) Selling your business to a larger company 14) Entrepreneurs making the leap to valuable businesses 15) Keeping things simple for success. Check it out at --> https://lnkd.in/dhtywc6h #valuation #education #freecourse #businessvaluation #entrepreneurship

Starting a business while working a job is a common misunderstanding, but one that can cause great harm. You cannot have the luxury and stability of a job while trying to build a business at the same time. This approach is doomed to fail and can lead to financial ruin. It is essential to understand that starting a business requires a considerable amount of time, investment, risk, and effort - much more than a typical job. Every investment you make is your own, and the stakes are directly associated with the decisions you make. So, it's important to think twice before taking the plunge. The rewards of entrepreneurship can be significant, but they come with a price. If you're willing to pay that price, then go ahead and start your own business. But, if you're not ready to take the leap, it's better to stick with your job.

Why is it beneficial to use advisors when starting up your business? Starting a business can be an exciting, but challenging journey. 🏔 As a start-up entrepreneur, you will face various challenges that require experience and expertise in multiple areas. Building a team of experienced advisors is crucial for your success. 📈 In this article, we will discuss the benefits of using experienced advisors for your start-up and how they can help you navigate the complex challenges of starting and running a business. Starting a business requires more than just having a good idea. 💡 It also involves developing a solid business plan, securing funding, and navigating through legal and regulatory hurdles. 🤸♂️ Experienced advisors can help you in all these areas by providing invaluable insights, guidance, and support. They can help you identify risks, avoid mistakes, and make better-informed decisions. One further important thing to mention is that they offer emotional support and motivation during tough times, as we have seen recently with the news about the UK being in a recession. Explore our article below and reach out to us at HAL if you are looking for support. 💪 #startupgrowth #startupchallenges #letsgrowtogether

Paradox: Balancing the pursuit of a long-term vision with the practical need to execute daily tasks. Entrepreneurs often get caught between dreaming big and taking immediate actions. Vision without execution remains a dream, while execution without vision can lead to aimless efforts. Example: A founder spends a lot of time crafting a grand vision for the company but struggles with the day-to-day execution needed to make that vision a reality. #VisionVsExecution #EntrepreneurParadox #DreamBigActNow #StartupJourney #BusinessStrategy

Paradox: Balancing the pursuit of a long-term vision with the practical need to execute daily tasks. Entrepreneurs often get caught between dreaming big and taking immediate actions. Vision without execution remains a dream, while execution without vision can lead to aimless efforts. Example: A founder spends a lot of time crafting a grand vision for the company but struggles with the day-to-day execution needed to make that vision a reality. #VisionVsExecution #EntrepreneurParadox #DreamBigActNow #StartupJourney #BusinessStrategy

𝐒𝐭𝐫𝐮𝐠𝐠𝐥𝐢𝐧𝐠 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐨𝐰𝐧𝐞𝐫𝐬 𝐬𝐩𝐞𝐧𝐝 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐬𝐚𝐯𝐞 𝐦𝐨𝐧𝐞𝐲, 𝐰𝐡𝐢𝐥𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐨𝐰𝐧𝐞𝐫𝐬 𝐬𝐩𝐞𝐧𝐝 𝐦𝐨𝐧𝐞𝐲 𝐭𝐨 𝐬𝐚𝐯𝐞 𝐭𝐢𝐦𝐞. ⏳💰 Why is this an important distinction? 𝐁𝐞𝐜𝐚𝐮𝐬𝐞 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐚𝐥𝐰𝐚𝐲𝐬 𝐦𝐚𝐤𝐞 𝐦𝐨𝐫𝐞 𝐦𝐨𝐧𝐞𝐲, 𝐛𝐮𝐭 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐧𝐞𝐯𝐞𝐫 𝐠𝐞𝐭 𝐦𝐨𝐫𝐞 𝐭𝐢𝐦𝐞. Successful entrepreneurs understand that their most valuable asset is time — and they invest in tools, people, and resources that allow them to free up their time for high-level tasks, innovation, and growth. Think about it: 𝐓𝐢𝐦𝐞 𝐢𝐬 𝐟𝐢𝐧𝐢𝐭𝐞: Once spent, it’s gone forever. Wasting time on tasks that could be outsourced or automated limits your potential. 𝐌𝐨𝐧𝐞𝐲 𝐢𝐬 𝐫𝐞𝐧𝐞𝐰𝐚𝐛𝐥𝐞: You can invest it to make more. Spending money to buy time back can open the door to scaling your business. 𝘐𝘯𝘴𝘵𝘦𝘢𝘥 𝘰𝘧 𝘨𝘦𝘵𝘵𝘪𝘯𝘨 𝘣𝘰𝘨𝘨𝘦𝘥 𝘥𝘰𝘸𝘯 𝘪𝘯 𝘥𝘢𝘺-𝘵𝘰-𝘥𝘢𝘺 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘴, 𝘴𝘶𝘤𝘤𝘦𝘴𝘴𝘧𝘶𝘭 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘰𝘸𝘯𝘦𝘳𝘴 𝘭𝘦𝘷𝘦𝘳𝘢𝘨𝘦 𝘵𝘩𝘦𝘪𝘳 𝘳𝘦𝘴𝘰𝘶𝘳𝘤𝘦𝘴 𝘵𝘰 𝘧𝘰𝘤𝘶𝘴 𝘰𝘯 𝘵𝘩𝘦 𝘣𝘪𝘨 𝘱𝘪𝘤𝘵𝘶𝘳𝘦, 𝘥𝘦𝘭𝘦𝘨𝘢𝘵𝘦 𝘵𝘢𝘴𝘬𝘴, 𝘢𝘯𝘥 𝘣𝘶𝘪𝘭𝘥 𝘴𝘰𝘮𝘦𝘵𝘩𝘪𝘯𝘨 𝘭𝘢𝘴𝘵𝘪𝘯𝘨. 💬 Are you spending your time or investing it wisely? Let’s talk about how smart time management can transform your business. 😊 For more tips on scaling your business and leveraging time effectively, hit follow! 🚀 #BusinessGrowth #Entrepreneurship #TimeManagement #Outsourcing #SuccessMindset

Starting a business is an exciting and challenging endeavor that requires careful planning, strategic decision-making, and a deep understanding of various factors contributing to success. Whether you are a budding entrepreneur or an experienced professional embarking on a new venture, considering these key factors can significantly increase your chances of building a thriving and sustainable business: ✅ Market Demand and Research ✅ Business Plan ✅ Financial Resources and Funding ✅ Legal Considerations ✅ Target Audience and Marketing Strategy Ready to start your journey? Let's make your business dreams a reality. #Entrepreneurship #BusinessSuccess #StrategicPlanning #MarketResearch #BusinessPlan #Funding #Legal #MarketingStrategy

Paradox: Balancing the pursuit of a long-term vision with the practical need to execute daily tasks. Entrepreneurs often get caught between dreaming big and taking immediate actions. Vision without execution remains a dream, while execution without vision can lead to aimless efforts. Example: A founder spends a lot of time crafting a grand vision for the company but struggles with the day-to-day execution needed to make that vision a reality. #VisionVsExecution #EntrepreneurParadox #DreamBigActNow #StartupJourney #BusinessStrategy

Paradox: Balancing the pursuit of a long-term vision with the practical need to execute daily tasks. Entrepreneurs often get caught between dreaming big and taking immediate actions. Vision without execution remains a dream, while execution without vision can lead to aimless efforts. Example: A founder spends a lot of time crafting a grand vision for the company but struggles with the day-to-day execution needed to make that vision a reality. #VisionVsExecution #EntrepreneurParadox #DreamBigActNow #StartupJourney #BusinessStrategy