The benefits of expert advice to an early-stage startup.
Good advice, at the right time, goes a long way.
The lifeblood of every startup is the team behind it. The vitality, the culture, the execution, and the rest of it, all stems from the people behind the idea. Full-timers, Part-timers, Interns, Advisors, Mentors — every stakeholder, or every person that has influenced the trajectory of a startup, has officially or unofficially been a component of its growth.
Everyone knows this, and everyone says it. But how many embody it?
To embody it is to understand that everyone on a team has a different role to play in a startups’ growth. Most people have an area of domain expertise. Some people have a few, others have one. Few have none. But no one has all. No one is an expert at everything. That’s the point to remember.
But that’s attainable. Not in one person, but in a team. And importantly, you quickly realize that you don’t need all your experts at once. And you don’t need them forever. Outside of the core team members, you’ll typically need to tap experts for a specific purpose, for a specific task, for a specific problem.
How has COVID-19 changed investors’ views on what’s exciting in your sector? What terms should you be negotiating on, and which ones will come back to bite you two years down the line? What parts of your pitch should you improve upon, and how? What milestones do you need to hit before you go back out to market? Where should you source a full-stack engineer, and can you get a referral for one?…
Traditionally, an early-stage company’s path has always been to get a few long-term advisors on board, who are well-qualified, and who can help with all kinds of problems on an ongoing basis. But what if you could get several individuals rather than one individual, and wouldn’t have to keep them on for years at a time?
That’s where we come in. We’ve built a diversified and highly accomplished expert VC base, specifically interested in providing you with guidance. Their primary motivation is to connect with young startups early, and help them with their growth. They’re looking to build strategic relationships and give back to the community.
And what do you get? You get access to relevant experts in VC for whatever your needs are. On-demand. We’re here to help you build your all-star VC team. These experts will help you with specific questions you have and areas you want to work on, but the relationships you build with them will last forever.
At NeonVest, you get access to experts in VC, every month. Imagine getting 1 new expert every month, for the next 24 months, to help you with your business. Not to mention, building relationships with people that matter. Good advice, at the right time, can go a long way.
Embrace the fact that others have seen it before. Now more than ever, take advantage of the knowledge you can attain.