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Teaching Startup: Here s how to get a venture capital investor s attention

Teaching Startup: Here s how to get a venture capital investor s attention
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Teaching Startup: Here s why you need $250,000 to start a company

by Joe Procopio June 1, 2021 . Editor’s note: Joe Procopio is the founder of teachingstartup.com and the COO of IoT/Beer startup Precision Fermentation. Teaching Startup is published on Tuesdays. Joe is taking a break from the series, This post was published in January. He has a long entrepreneurial history in the Triangle that includes Spiffy, Automated Insights, and ExitEvent. More info at joeprocopio.com. DURHAM – The harsh economics of startup are often easily overlooked. So let’s talk about what it really costs an entrepreneur to get a startup off the ground. It’s about 250 grand. Now, I know what the first response to that is going to be because it was my own first response. Not every company needs $250,000 to get started. Hell, I can start a company for $10 right now. Dude. Hand it over and watch me.

Teaching Startup: Why solving a big problem isn t enough to build a billion-dollar startup

Teaching Startup: How to scale your startup without spending a fortune

by Joe Procopio April 27, 2021 . Editor’s note: This is the second of three posts in Teaching Startup’s Growth Series. Teaching Startup is published on Tuesdays, Joe Procopio is the founder of teachingstartup.com. Joe has a long entrepreneurial history in the Triangle that includes Spiffy, Automated Insights, and ExitEvent. More info at joeprocopio.com. DURHAM – Why do some startups take off like rockets while most others drift like leaky rowboats? The key to startup growth is what’s commonly referred to as “scale.” Scale is something everyone will say you absolutely must have, but no one ever tells you what that means or how to get there.

Teaching Startup: Why your startup needs to be high growth

by Joe Procopio April 20, 2021 . Editor’s note: This is post 1 of 3 for the new Growth Series. Teaching Startup by Joe Procopio is published on Tuesdays. Procopio is the founder of teachingstartup.com. Joe has a long entrepreneurial history in the Triangle that includes Spiffy, Automated Insights, and ExitEvent. More info at joeprocopio.com. DURHAM – In order for your business to survive and successfully thrive, it has to grow. Constantly. But most entrepreneurs doom themselves by mistaking a fast metabolism for a steady high-growth diet. In over 20 years of building startups some from the ground up, and others from a solid foundation to a lofty next level a common misconception I find myself fighting is that high-growth automatically means rapid growth.

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