Nathan Beckord is right. The traditional PD is dead, since a loooong time. Meanwhile it’s more a zombie than anything helpful. Nathans perspective is very interesting BUT Chris Burry brought up an important point.
Founders will see this as the new “napkin” momentum, elevator pitch or whatever else. Founders are looking for templates, demanding actionable items. A magical founders handbook where they can proceed on pg 36 and be successful.
The boring and traditional PD came exactly from this templates nonsense with the „ideal pitch deck“ and what Sequoia, Kawasaki and others ever spilled out. It’s like a uniform, taking away the individual.
In total, there are at least 400 million founders around the world in a global population of more than eight billion people. They found 100 million start-ups worldwide every year. And in the same period, 86 million will be closed again.
They vie for the attention of countless business angels, advisors, mentors and coaches in order to prepare themselves for next stages with venture capital. There are approximately 8,000-10,000 active venture capital firms globally. However, the venture capital landscape is highly concentrated towards certain regions when it comes to actual investments.
But the vast majority of founders never get the best out of themselves because they submit to mediocrity, templates and business small talk. Not making the exceptional visible, not understanding the value they can offer.
Their solution for the identified “problem” is mostly a stuck solution always in danger of competition, copycats, cheaper, faster etc. And believe me, you can’t protect your IP against a big player.
A good advisor tickles the best out of you, shows the hidden potential in a founder, empowered him for personalized wow solutions.
Don’t surrender to templates and “everyone does it like this”.