The StartUp Founders Guide To Investor Updates
“The downsides of writing an investor update are, (checks notes), zero β unless there’s something to hide.” Hey Reader, You are your startup’s first, largest, and most activist investor. Your duty to yourself, your alter ego (your startup), and external stakeholders is to ensure transparency, progress, and growth. Write it to yourself weekly and your investors monthly; this habit will shift your perspective on your business. TLDR; Download the Investor Update Guidebook & Template here. WORKBOOK DOWNLOADS: 1.2 Why Does My StartUp Exist: Problem Validation 1.3 Does The Market Care: Problem Impact Analysis LETS GET INTO IT: Forget the investors for a second, you might not even have any. The weekly investor update that you send to yourself, your co-founder, and perhaps your founding team, forces you to articulate your business, have a true handle on your metrics, vocalize your challenges, and place some bets on the future. Itβs part of your CEO journey and evaluation of your weekly progress. It levels up your communication style, helps with being succinct, and forces you to accurately gauge the performance of your startup. For your investors don’t think of it as a formality; it’s a tool, that only has upside, keeping them aligned with your vision, progress, and challenges. You get to tell the story of your startup, show your commitment to driving it forward and most of all it is the builder of trust, relationships and your ability to ask for help & support (especially when its not-so-good news). Here is the guidebook. Itβs not just a template; it’s designed to help you start somewhere and make it yours.
Why Investor Updates Matter
Good luck. Keep scaling. Keep communicating. Feel free to add me to your investor update. As always, you are welcome to grab time with me. — James |