Tal Flanchraych’s Post

Navigating the world of startups can feel like learning a new language! From “bootstrapping” to “unicorns,” there’s a lot to keep track of. Whether you’re new to the scene or just need a refresher, here’s a quick guide to some of the most common terms you’ll come across.

This week on the startup to scaleup journey: - Pivot - before premature scaling kills your startup

This week on the startup to scaleup journey: - Pivot - before premature scaling kills your startup

The Scryla Consultancy Ltd team cover a lot when it comes to talking about our business. We want to share our knowledge and insights to make your life, as a tech startup founder, easier. However, we might not always answer your burning questions—so today, ask me anything. Drop a comment or send me a DM. You might want to know how to start unraveling technical debt. Or, best practice for securing investment. Or, how to improve visibility over what your tech team are achieving. Go for it... #AskACTO #TechStartups #StartupFounder #StartupGrowth ------------------------------------------------------------ Hi, I’m Tim. Founder of @Scryla Consultancy and Novidian. I help SMEs and startups develop agile technology strategies that align with business goals creating significant value for founders and investors. Like what you’re reading? Sound the 🔔on my profile to get regular updates! Or + Follow if we aren’t connected.

Love him or hate him, can’t deny that this talk by Sam Altman is a classic for business and startup owners ↓ I’ve known about him as early as 2014 when he first became the president of the Y Combinator, a startup incubator that led to the growth of well-known startups like Airbnb, Dropbox, and Stripe. As an aspiring entrepreneur then, I was reading and watching contents about startups. And, along the way, I found talks by Sam Altman to be the most pivotal in shaping how I think and execute business ideas. Here’s what I learned over the years from him: → You can’t have a successful startup without these four ingredients - Idea, Product, Team and Execution → Build a product people love so much they tell their friends about it! This alone achieves 80% of the lifting in attracting customers. → Never lose momentum. Startups survive on their own momentum and the founders need to make sure they don’t lose ahold of this. And, now seeing him run Open AI as the CEO, it’s quite cool to see him actually execute the very ideas he shares. 👉 I share my findings on Data, AI and Business daily, follow me Daniel Lee and smash the 👍

In the high-stakes world of startups, ideas are just the beginning. At Biome, we've engineered a new paradigm of company building that dramatically amplifies a founder's potential for success. As institutional co-founders, we offer a full stack approach, bringing unparalleled firepower to your vision. We collaborate with you across every crucial aspect of creating your startup – from building teams, refining business models, and developing products to scaling growth and optimising sales strategies. Led by veterans who've shaped global startup ecosystems, we execute alongside you, deploying purpose-built playbooks and systems fine-tuned over decades of company creation. Our proprietary multiaxial framework Biome Core is a proven system for turning powerful concepts into category-defining enterprises. We've distilled thousands of hours of research and real-world experience into a process that de-risks your venture and steers you to success faster. Biome empowers founders to reshape and reimagine industries. If you're ready to solve problems and truly make an impact, let's build something extraordinary together. #BiomeAdvantage #BuildStrong

Scaling for Success: Why Focus on Scalable Ventures Matters 📈💼 When it comes to work, think big, aim high! 🌟💰 Invest your time and energy into ventures with scalability – those with the potential for massive growth and profits. 💡🚀 Whether it's building a tech startup or launching an innovative product, scalable endeavors offer the chance to multiply your impact and rewards. 🔥💼 So, why settle for small gains when you can aim for the stars? Dream big, work smart, and watch your efforts pay off in exponential ways! 💪✨ #ScaleUp #BigDreams #SuccessMindset

What If a Cofounder Leaves? Who Owns the Startup's Designs? Answers: https://lnkd.in/gRYZ6Aqz #StartupStruggles #CofounderDilemma #IntellectualPropertyRights Hey there! 🌟 So, I’ve been working on this startup for about a year alongside three other cofounders, and I’ve gotta say, things are getting a bit tricky. We initially agreed on a 25% equity split for everyone, but now that I’ve finally completed our product prototype—after putting in all my effort as the sole design engineer—some tension has popped up. The others are suggesting that because they’re contributing financially, I should give up some of my equity. 🤔 It’s kind of surprising since we never discussed this before, and it feels a bit underhanded to me. Has anyone else experienced something similar in their startup journey? Now, I have a burning question: If I were to leave the startup, what would happen to my designs? 🧐 Would I still be able to use them for other projects? Here are some points to consider: Ownership of Intellectual Property: Generally, the default position is that IP created by an individual belongs to the creator. However, if your designs were created as part of your work for the...

At Costanoa Ventures we work with a lot of early stage founders to help them get product market fit. But over the years it's become clear to us that the order is wrong: founders should focus on MARKET product fit. The best founders (and their teams) dive in and understand the market they are selling to, the big hairy problems that exist in that market, what pain the buyers have...and THEN build products to solve those problems. This is the first of a two part series where we will look some best practices including: 1. Build with the market you can get, not an ideal customer. 2. Own your unique point-of-view before you have the product. 3. Avoid being too focused early on; go wide then throw away ideas to focus. 4. Focus on conversations, not sales. We're lucky work with great companies in our portfolio and highlight some examples of their work: SGNL, Delphina, Feldera, BrightGo. Thanks to those founders for sharing with us: Scott Kriz, Erik Gustavson, Duncan Gilchrist, Jeremy Hermann, Lalith Suresh, Gerald Fong and Saagar Deshpande. It's a pleasure to work with you. Figuring out "market product fit" is key to unlocking growth and building repeatable go-to-market that allows you to scale. We'd love feedback, examples and discussion. https://lnkd.in/gqh2pg9E Special thanks to Martina Lauchengco who co-authored this and prodded us to rethink PMF. #startup #earlystage #founders #entrepeneur #sales

Going All-In is like Starting a Fire: Advice from billionaire founders and investors Taking advice randomly from people can be dangerous - especially without context. What is context? It's temporal and situational relevance. If you've watched Bill Gross' TED talk, you already know that *timing* is the single most important contributor to the success of a startup. So, with no sense of irony, I've clipped a short out of the most recent All-In podcast. Because it talks about the difference between big and small "startups" technology companies that are still founder-led. Here's the context: both David Sacks & David Friedberg have discussed the launches of their new businesses - David Sacks about Glue and David Friedberg about @Ohalo Genetics. Moments before this, they are talking about the power of their monopoly being the reason that Google and Microsoft can make mistakes but still keep increasing their enterprise value - leading into a discussion about the need for big companies to take big swings (to keep their edge) - and that it's ok to fail. Critically, small founders need to stay focused: put their chips all behind the one biggest bet (their best idea) and go all-in. The best physical analogy in nature is starting a fire. Sure, pile it up high, use firestarters or make sure you have the kindling that catches fire quickly and the tinder to keep it going... but start ONE fire. And when it catches, feed that fire - don't start another one. Don't talk about going into another industry... just focus on getting that fire rip roaring. Someone commented that Gyrilla was across a number of different industries - but, in the end, Healthcare, Technology, Finance, Government Services, even Energy are all dictated by *regulations*. We started in Healthcare, but through our networks have extended into other highly regulated industries. Along the way, we've attracted the same kind of like-minded consultants with big blue-chip experiences (eg Goldman Sachs, Singaporean Govt), but also have startup experience. Our one "fire pile" is knowing how to navigate the regulatory part of the industry to achieve what you want on the other side: market entry, grant funding, KOL engagement, scaling... We love to work with "startups" of all ages and sizes who are willing to go all-in on this one, big swing idea and help them navigate regulations. https://lnkd.in/gQTzmPac Bill Gross' TED talk: https://lnkd.in/d7DsVSj