The smartest entrepreneurs, in my experience, understand that they have a great resource in their investor base, and will provide regular updates while not being hesitant to ask for help when needed. Typically, that help will involve sales leads or introductions to potential partners or investors or assistance in recruiting executives. Rarely will

The nice thing about this journaling habit is that I have all of the entries. I know exactly what I was thinking at the time. So I grabbed a bunch of them, threw them into Claude, and asked it to pull out the patterns:

“Here are a few journal entries about whether or not to fundraise for Every. Can you help me find patterns that can help me make a

Raising money is incredibly distracting. Seeking funding is difficult and draining. It takes months of pitch meetings, legal maneuvering, contracts, etc. That’s an enormous distraction when you should really be focused on building something great.

Key here is to focus your boss on the benefits and costs of what you can accomplish with different amounts of resources.

Entrepreneurs should look at the fundraising process as a way to sharpen their thinking about their idea, their path, and their risks, and once they can clearly articulate the business and the vision, they will have an easier time persuading investors. It’s all about getting to a point where you as the founder are thinking with clarity about the pr

of reliability. For activities aimed at advancing knowledge, however, financial planning should consist only of setting goals and spending limits. Goals define the breakthrough

The pitch should contain clear, specific answers to the most important basic questions about the business and the entrepreneur's plans for the business: How will you attract customers and make money? (and no, “advertising” is not the answer) Who, specifically, is your first customer? Second? Third? What is your contingency plan for when this seed r