Here’s what we will cover today:

• Learn how trusted advisors can help your business grow

• Explore the benefits of using plain-text emails

• Learn key strategies for a successful first funding round

Quote of the Day

“If you are not taking care of your customer, your competitor will.”
~Bob Hooey

Today’s Tip

Ever felt like you're stuck in a business rut? Or maybe you've launched a new product or service, and you're not quite sure how it's being received.

The truth is, we all need a reality check from time to time. That's why seeking honest feedback from trusted advisors is crucial for any entrepreneur.

Why it matters:

• Unbiased Perspective: Trusted advisors can offer a fresh perspective on your business, free from personal biases.

• Identifying Blind Spots: They can help you uncover areas where you might be overlooking potential challenges or opportunities.

• Course Correction: Honest feedback can help you make timely adjustments to your strategy or operations.

• Boosting Confidence: Positive reinforcement can bolster your confidence and motivate you to keep pushing forward.

Here’s how to find the right advisors:

• Seek Out Diverse Perspectives: Look for advisors with different backgrounds and experiences to gain a well-rounded view.

• Prioritize Candor: Find people who are willing to give you honest, even critical, feedback.

• Build Strong Relationships: Nurture your relationships with your advisors through regular communication and mutual respect.

Honest feedback is a gift. Embrace it, learn from it, and use it to propel your business to new heights. 

Today’s Resource

Writing a business plan? Use this template…

Over the past 20 years, hundreds of thousands of entrepreneurs, executives, and business owners have contacted me for help with their business plans.

100,000+ of them have used my business plan template to quickly and expertly complete their business plans.

And they’ve collectively raised billions of dollars and have gone on to build some pretty incredible companies.

Trivia

Today’s Question: Which cosmetics and perfume company was originally named the California Perfume Company?

Previous Question: Lending her name to a famous brand, who was the Greek Goddess of Victory?

Previous Answer: Nike.

In Greek mythology, Nike was a goddess who personified triumph throughout the ages of ancient Greek culture. Nike assumed the role of the divine charioteer, a role in which she often is portrayed in Classical Greek art. Her Roman counterpart is Victoria.

News

Why Your Company Should Use Plain Text Emails

Simple tips on raising your first funding round

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