1
0 Comments

3 Months later: I'm ready to test my MVP

Months of customer discovery and validation later I now have my first MVP ready to be tested. I’m trying to solve a problem for startup founders trying to raise funding. The problem they experience is the guesswork it takes to create a financial forecast.

“How much should I spend on marketing?”
“When should I start hiring?”
“Is it normal to spend 10% of my funding on X?”
“Will anyone invest in a business like this?”

The problem in summary: As a first-time founder you have no idea how to determine the data used in your financial forecast, and how do you justify it to an investor?

In short the solution: Real financial forecasts from startups they used to successfully raise funding. You can scroll through those examples, see what they projected, and use the examples as a template to create your own.

Imgur

If you experience or have experienced this problem, I would love to get in touch with you and get your thoughts on my first MVP. Any thoughts you might have on this, please share it with me in the comments or on Twitter

on May 13, 2021