Skip to main content

All articles by The Startup Station

We have blogs in six categories. Click on the category name in the menu below to see blogs in that category. You can also use the search function.
January 15, 2023

To determine the size of your financing round, not only do you have to consider the length of time for which you are raising capital, but to also figure out which costs you should and should not include.
In this article, and the corresponding video, we discuss how to properly calculate your funding needs and we specifically focus on those costs that startup founders often forget, which results in them running out of cash and scrambling for funds much earlier than they are ready to raise the next round.

January 15, 2023

Many founders often ask me how much money they should raise – especially when it comes to their first funding round. Should they aim to cover three, six, twelve, or eighteen months of operations?
Unfortunately, there is no silver bullet. The rule of thumb is that you should raise enough capital to get you to the next milestone and those milestones, and the amount of money required to reach them, vary from company to company.

January 15, 2023

In this article and the corresponding video, we discuss the top five mistakes entrepreneurs make in their pitch decks.

January 15, 2023

Having reviewed hundreds of financial models across more than fifteen industries, Iโ€™ve identified five most common mistakes entrepreneurs make when creating their financials. In this article and the corresponding video, we discuss each of these mistakes in more detail so that you can learn how to model your company correctly and get funded faster.

January 15, 2023

For pre-revenue companies, forecasting demand is very challenging because there is no financial history.

To overcome that problem, some startup founders use random number generation as a tool to โ€œlogically generateโ€ demand for their product or service. In their minds, this strategy is their best bet because they have no idea how to estimate demand otherwise.

January 14, 2023

The Startup Station was created to help you model ventures with no financial history. In this article and corresponding video, we discuss our approach in more detail.

January 14, 2023

I often get asked by entrepreneurs how to create assumptions for their financial model when there is no financial history, no product on the market, and no track record. How can they ensure that those assumptions are credible, justifiable, and taken seriously by investors, strategic partners, and other co-founders?

There are four things to consider to help you properly formulate your business strategy and convert it into a credible financial forecast.

January 14, 2023

All startup founders must create financial projections for their companies at some point, especially as they embark on the fundraising journey. That is true regardless of them having the finance knowledge to do it correctly or their company having the financial history to make their job easier.

January 14, 2023

You have an idea. You are excited. You canโ€™t wait to start. But before you pour all your energy, time, and money into it, you first must evaluate its viability. More specifically, are you really solving a problem that needs be solved, and is your solution actually better than others that already exist?

January 14, 2023

As a startup founder, time management and priority setting are very important. There are many things you need to do every day and at times it can be overwhelming to decide what to do first. These four steps will help you better understand where you should focus your efforts.

Still have questions?

We are happy to talk to you. Book a FREE 30-min consultation now by pressing the button below and, as a bonus, we will send you a COMPLIMENTARY financial health checklist.

Press the button above to accelerate your fundraising process. We will help you create a defensible valuation and financials, investors will take seriously!