A crash is when your competitor's program dies. When your program dies, it is an 'idiosyncrasy'.
Guy KawasakiRead
Here's what you should say [to an investor]: 'this is what my company does' It's that simple. What you're trying to do is get potential investors to fantasize about how your product or service will make a boatload of money. They can't fantasize if they don't know what you do.
Interpretation
What this quote means
Clearly communicating your business model is essential to attracting investment.
In this quote, Guy Kawasaki emphasizes the importance of simplicity and clarity when presenting a business to potential investors. He argues that investors need a clear understanding of what a company does in order to envision its success and profitability, which is crucial for garnering their interest and support.
Themes
InvestorsBusinessClaritySuccessCommunication
In practice
Example use cases
A startup pitch at a venture capital meeting.
More from Guy Kawasaki
All quotes →Knowledge is great. Competence is great. But the combination of both encourages people to trust you and increases your powers of enchantment. And in this world, the combination is a breath of fresh air.
Guy KawasakiRead
At the end of my life, is it better to say that I empowered people to make great stuff, or that I died with a net worth of $10 billion? Obviously I'm picking the former, although I would not mind both.
Guy KawasakiRead
Enchantment is the purest form of sales. Enchantment is all about changing people's hearts, minds and actions because you provide them a vision or a way to do things better. The difference between enchantment and simple sales is that with enchantment you have the other person's best interests at heart, too.
Guy KawasakiRead
• People deserve a break. The stressed and unorganized person who doesn’t have the same priorities as you may be dealing with an autistic child, abusive spouse, fading parents, or cancer. Don’t judge people until you’ve walked a mile in their shoes. Give them a break instead.
Guy KawasakiRead
You say: "I'm a blue sky thinker." Investor thinks: "You have no business model, and you don't know how to ship."
Guy KawasakiRead
Similar quotes
There are other players who were more talented, but there is no one who could out-prepare me.
Peyton ManningRead
Most people who open restaurants will fail, because they lack the fundamental understanding of restaurant math. Either they think they're superstar cooks or they think they're superstar hosts.
Joe BastianichRead
Scouting and player development is the key to year-in and year-out success, not the occasional lucky hit. There are no definitive answers in this game, no shortcuts. When you think you've got it all figured out, you can get humbled very quickly.
Theo EpsteinRead
Ability is a poor man's wealth.
John WoodenRead
Put your heart, mind, and soul into even your smallest acts. This is the secret of success.
SivanandaRead
Success is never so interesting as struggle
Willa CatherRead