The odds are not stacked in the favor of entrepreneurs when starting a business which is why they need to do everything that they can to improve their chances of their risks paying off. For some, hiring a startup consultant such as Luke Lazarus can give their company the edge that it needs to make it and surmount the difficult odds.
After the Australian managed to start four different companies that were all sold before the entrepreneur turned 34, he realized that he could use his expertise and talent to help entrepreneurs that were struggling to take their company to the top. It’s never easy to get a business off of the ground, but with the help of Luke Lazarus, these businesses can know exactly what they need to do to move to the next stage.
Having a strong story behind your business is essential according to Luke Lazarus. It not only can attract the attention and loyalty of customers, but it can also encourage potential investors to put their capital behind a company that is seeking needed funding to grow.
The story that is being told about the company must be the same thing as the product or service that the business is providing. According to the startup consultant, having this story can almost guarantee that a company will end up being successful. Read more: Luke Lazarus | Medium and Luke Lazarus Helps Companies Go From Zero to IPO | Dougsandler
While many entrepreneurs believe that they can handle starting a business on their own, the statistics make it clear why the advice of experts like Luke Lazarus is so important. After earning his MBA at 24 from Melbourne Business School, the serial entrepreneur has seemed to have the golden touch when it comes to creating successful businesses.
One of the most important things that Luke Lazarus does for his clients is creating a business plan. This is true for both new companies and companies that he is helping to restructure. In addition, he also helps his clients prepare presentations for their potential investors that will be likely to get their interest and potentially their venture capital.
It’s important to make the purpose of a company clear for investors to catch their attention quickly and then to keep it. Luke Lazarus is an expert when it comes to using wording in this manner to make an emotional connection with potential investors and consumers.
Some entrepreneurs think getting financing for their company will be simple and are sorely disappointed when they realize that they were not correct with this assumption. When explaining the concepts that he has built while recruiting college students, Luke Lazarus states that their potential investors will decide whether or not they are interested in making a deal with a startup within just 30 seconds.
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