Aug 26, 2020
Stephanie Sims is a Capital Strategist and the Founder of Finance-Ability, a boutique consulting firm focused on helping entrepreneurs get the funding they need to grow their business.
Stephanie founded Finance-Ability after more than 20 years of working on both Wall Street and Main Street. Now she teaches entrepreneurs to paint a picture with numbers that helps them make confident decisions and captivate people with money to say yes.
One critical mistake that startup companies make is failing to captivate potential investors—and ultimately losing out on the funding you need. Because the founders aren’t ready or prepared to seal the deal, this same mistake ends up making startup accelerator programs look bad on Demo Day. Are you doing this? If you are, Stephanie Sims is here to help you in this episode of the What’s Your Ask show.
According to Stephanie Sims, founders make a (huge!) mistake when they don’t know their numbers since they’re unable to show investors why investing in their company is a potentially profitable investment. So, how do you rectify this? Which numbers are critical for founders to know and how can you get it right? Listen to this episode of the What’s Your Ask show with Stephanie Sims as she breaks down the details of knowing your numbers, why it is crucial for your success on Demo Day, and how to go about learning your numbers.