Table of Contents
1. Lie:- For meetings and investment, you need good infrastructure.
Fact:- No investor ever invested in a startup ever in the planet based on how much rent a startup is burning.
Suggestion:- Save money on “seats” and rent.
2. Lie:- Present your startup in 30 seconds(elevator pitch)
Analogy:- Bhagwat Geeta is all about a driver talking about life to the rider so that the rider can kill his brothers in a war.
Science:- If one is looking to get excited by Bhagwat Geeta in 30 seconds, he is already a reductionist and midbrain(amygdala-driven) dopamine seeker.
Suggestion:- One who is really interested to learn Bhagwat Geeta will learn it by himself, and one who doesn’t have anything to do with it.
3. Lie:- If you cold-email 100 investors, you will get ten replies, and you may close one investment deal.
Fact:- 95% of the startups are garbage. The federal reserve manipulates the stock market. Most people who earn money reach the top by 80% defeats. They look for safer and more meaningful investments.
Paradoxical truth:- Startups that don’t need to raise are the ones that investors discover and invest in. Others are kept busy through associates and pimps.
4. Lie:- You will get access to corporate mentors by associating with big corporates.
Fact:- Most so-called mentors and self-proclaimed corporate “leaders” (read insecure losers) created nothing in life, bootlicked better than others, played better politics, crushed talents, were hated by their own families, and were position clingers.
Common Sense:- If mentors were good, this corporate would have created the technology, and you would be working/apprenticing there.
Super Fact:- Bootlickers take your deck, show it to higher dogs, claims to mentor you, and enjoy free meat for doing nothing, the way they always stole credit.
Suggestion:- Save the time, energy, and money of the shareholders of that corporation.
5. Lie:- We will help you to go to market.
Fact:- Business operates in the market, and startups create a market. VCs pay to change habits and create new markets. Going to the market is doing business. Businesses run on debt(even investment money), not on risk capital.
Analogy:- Students go to the home of the teachers who teaches better than others, not to market. Give value; your home becomes market.
6. Lie: You need a good presentation.
Fact:- The only thing you need is good cash flow. No visual is more beautiful than a valid note with a smiling Gandhi.
Suggestion:- Focus on Gandhi, not PPT.
Sample Pitch:- I invested 10k into my idea, and today we are making 20L of profit pm next year. If you give me 5L, next year we will do 50L and will return you 10L. That’s all is pitch.
7. Lie:- You need good names in advisors.
Fact:- Best advisor is one who pays you. The customer trusts you and so gives you money.
Suggestion:- Find customers.
Conclusion
Saving bad expanses of {time, money, emotion, energy}=Earning Wealth. Invest wealth, kiss Gandhi.
