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Traction! Every Founders holy grail! Check this post. how you build a traction portfolio.👇
Traction, traction, traction...we've all heard this. That is what #investors truly care about.
Comment below what you believe is the number 1 traction indicator.
Okay, lets dive in.
For #startups traction is an indicator that you are on to something
For #angels #venturecapitalist #familyoffices traction is an indicator that their investment is secured.
Your no.1 focus when you go out to hunt for funds to #finance your growth or your upcoming #acquisition is to demonstrate traction.
Hence you need to build your #traction portfolio and store your pride in your dataroom
and leverage media to kickoff your #founderspr early on by posting your traction on your website, LinkedIn, and in your investment updates, etc.
If you love to watch more about this, check the video below out
The ULTIMATE Guide to Building Traction: Startup Must-Know Strategies!
Use SLACK to measure your traction
Sales:
Do you have sales?
Is your business growing 10–20% per month?
Leads
Do you have a pipeline of interest and leads?
Attention
Are you getting attention and interest?
Contracts
Are you closing partnerships?
KPI
Are you hitting your goals?
If the answer to most of them is NO.
Go strategize how you will grow sales, get leads, grasp attention, close contracts, and hit KPIs.
You only have 1 or 2 changes to win the hearts of investors.
Don't screw these moments up. You've got this.
Have a magical day ahead.
Cheers
SVEN
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