Advisory Email – Nov-Dec 2022

In the view of transparency, below is an excerpt from an advisory email I sent this month:

Hope you’re revving to make the most out of 2023 just as I am 💪.

UPDATES 📖
Startup Fuckup Podcast
*I’ve had a few people react strongly against the name of the podcast. The naming was intentional, not for the shock factor or as a marketing gimmick, but instead to signal that it’s OK to share about moments of failure authentically without feeling a need to restraint or censor oneself. Some of these business moments are highly emotional and personal as well and I want guests on my show to feel that they can freely express themselves.

That said, I have heard similar sentiment from others who can’t tolerate profanities and believe that it lessens the intellectual perception of the speaker. To each their own.

Tune in and listen to Wilson share his lessons on the topic from his experience building a thriving NFT community and international restaurant franchise.

Hear Paul share his software development experience as a fellow non-technical founder in his ventures KUUCALL and WooSender. Paul discusses the design and development roadmap, hiring vs. outsourcing development, the need for a CTO, best practices when working with a development agency, and common software development mistakes.

Chaitanya Patel (CP) shares his experience starting a franchise restaurant business, going bankrupt in the process, and starting a clothing line coming out of it. Hear him share his lessons on partnerships/co-founders, limitations of a franchise, and personal maturity + confidence.

• What makes a good Minimum Viable Product (MVP).
• Different forms/mediums that an MVP can manifest as.
• Example MVPs.

• Where to find co-founders.
• How to approach them.
• Qualities that make a good co-founder/founding team member.
• How to allocate equity.
• Reverse Vesting vs. Slicing Pie method for equity allocation.

• How to find a mentor/advisor.
• How to get them to be your mentor/advisor.
• How to engage with them to make the most out of their time/the relationship.

*Yes, Ep. 4 is missing, still some minor adjustments to make before release!

Other activities:

• Took on a new mentee under The Forum’s (formerly Forum for Women Entrepreneurs) mentorship program.
• Facilitated a Business Startup Experts Ask Me Anything session on behalf of the Black Advocacy Coalition of NWT.

LESSONS 🎓
In the spirit of setting new year’s resolutions and building new habits, here are my top recommended resources:

• Terry Crews “You have to treat the gym like a spa” (6 min video, start around 0:39)
• The 100 Percent Rule That Will Change Your Life (17 min TEDx video)
• How to stop screwing yourself over (21 min TEDx video)
• Simon Sinek on Intensity vs Consistency (3 min video)

GRATITUDE WALL 🤝

• Paul Lean, Chaitanya Patel, Andy Chou, Tai Khuong for sharing their time and lessons in their podcast interviews.
• Mario Christiner for the donation and connection to Raaj Chatterjee from MeaningfulWork

FOR LAUGHS 🤣

ASKS🙏
Ready to take on new projects! Know anyone who needs help with:

• Building a sales training program for their team?
• Implementing a CRM?
• Creating an intrapreneurship program for their company?

I’d appreciate an introduction if you believe I’m a good fit.

Next: Jan 2023 Advisory Newsletter