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Seven challenges facing founders in an AI-driven economy

Braven Greenelsh
Founder & CCO
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For over twenty years, La Visual has partnered with hundreds of founders. Because brand is deeply rooted in your business's core purpose, our partnerships almost always become consultative on the strategic side of the business. Dealing with things like how to develop better brand KPIs, how to position competitively, and how to fix brand architecture, dilution and silos. Naturally, the foundation of branding is purpose, position and people, so we like to start with these three pillars. 

The following is a list of questions founders have asked most frequently.

  1. What are the tools you need to start?
  2. How should I fundraise?
  3. Does brand matter in the early stage?
  4. What types of fundraising models should I use?
  5. How do you build a brand that connects with customers better?
  6. What’s the most important aspect to my brand?
  7. What’s the best way to launch without breaking the bank?
  8. Should I draft a Pro Forma financial model?
  9. How can I derisk my launch?
  10. Do I need a pitch deck?

Most first-time founders are so focused on the product and legal paperwork, they don’t have the bandwidth to focus deeply on brand. But the brand will ultimately drive more sales, conversions and retention early in your startup’s lifecycle and again later during growth stage. So it’s critical to know what you stand for and why in the early-stage.

We want to give founders a head start.

Below is our cervical kit of how we’ve utilized our own tools and leveraged for successful fundraising rounds, launches and even acquisitions.

We hope the Founders' Survival Kit will be helpful

Do you pay for commercials and radio spots, do you pay influencers a grip of cash, do you hire a bunch of smart marketers, and when do you do each thing? What sequence is the right sequence? What I’ve learned after starting many businesses and enduring many failures is that there is not a proper sequence, and there is no magic wand. But there is a common thread and a fairly common sequence that is usually similar. Although it may differ a shade each time and of course some times you strike gold - I haven’t seen that much - you do need to set things up, you do need to document things, you need to plan, create operating agreements, register trademarks, integrate GA and Meta tracking pixels, you need to have a product that can be ready to test live in the real world, you need to be able to explain your unique selling proposition and pitch to investors. Even if you are bootstrapping, nobody ever really bootstraps who doesn’t have millions in the bank. So that’s why this is for first time founders. Those who have a dream. And they want to leave their jobs to fulfill that passion and offer something great to the world. We applaud you and we are in your camp. Founder to founder, that’s why we decided to put together the Official Startup Survival Kit. For first time founders. Newbs at the startup thing, not newbs at their passion.

Founders Startup Survival Kit: Everything you need to start your company and build a brand customers crave
  1. Register your business as an LLC if you don’t plan on raising institutional money and want to keep things fairly simple.
  2. Register as a Delaware C-corp if you plan on raising VC money and want to keep things simple.
  3. Cap Chart
  4. SAFE (in the Midwest, they don’t like SAFEs, so you need to consider different legal documents for the region you're fundraising in), but for each round you should only have one master agreement. Meaning just know that if you’re raised in California or New York, SAFES are good. Anywhere else, SAFES are bad.
  5. Must Read books:
    The Secret of Sandhill Road
    The Lean Startup
    The right It
    Venture Deals
    The Cold Start Problem
    Blue Ocean Strategy
    Elevated Economics
  6. Business Canvas - Ensure you are challenging your founding team’s assumptions about the product and the target market
  7. Pro Forma Financials (Digital, Influencer and referral program benchmark metrics baked into the assumptions tab)
  8. Brand Strategy
  9. Brand Identity System + Usage guidelines website
  10. Content Partnerships
  11. Go-to-Market strategy: this must include a specific test plan for paid digital media.

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