Daniel Strangfeld

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1. (Team + Culture) * Execution = Outcomes

Pay close attention to team, culture, and your execution quality

From what I’ve experienced in my time working with teams I’ve learned that there are three, high level critical factors that are the foundation of either good or bad outcomes with the team over time; the team, it’s culture, and it’s execution. I see outcomes as being heavily influenced through:

(Team + Culture) * Execution = Outcome

Team

The “quality” of your team based on various factors such as experience, how long you’ve known one another, your strengths, your weaknesses, and many other factors.

Culture

The culture of your team and the…


Photo by Domenico Loia on Unsplash

You can build a website for your startup within a week that looks like it cost $10,000 to have built. Yes, you.

Not only that, but you can build it with about $300 or potentially just $20 if you are a current student at a university.

How? Webflow templates.

I recommend using Webflow for 90% of people as long as they have basic experience with other editor interfaces such as Photoshop, Illustrator or even PowerPoint. …


Trying to figure out how much to raise, what it is going to cost you, and keeping the team up to date with these details can become a nightmare.

Why? Startups move fast and can change directions on projects at a moment's notice. All of this back and forth can make it a pain to plan out your next fundraising round.

This template is meant to drastically simplify the round raise planning process. It’s something to keep you and your team internally aligned on what is needed for the next raise and how the deal might be structured.


Fundraising is one of the most stressful things about starting and running an early stage company.

Simply keeping track of your prospects when fundraising can really help take away at least some of the stress.

Instructions

This template is pretty straight forward. It consists of 4 main sections; Prospect Details, Contact Info, Opportunity Details, and Notes.

Before we get started, the only other thing you might want to edit on this template is its second sheet, “Dropdown Values.” Here you can change what values show up in the drop downs in columns C “Type” and J “Stage.”

Prospect Details

This is where you…


Early stage companies and startups are messy. Your branding doesn’t have to be.

I’ve found that building out a good looking brand from the start not only effects how you are seen by customers and investors, but its also a big moral boost for your team. They should be excited to wear your company t-shirt, show their friends your website, and work for a company that is not only pursing a meaningful mission, but is also visually appealing.

On the flip side, traction, fundraising, and growth are nearly always more important to spend your time on. That’s why I built…


I’ve learned the lesson the hard way that mapping out your new company’s financial roadmap early on is very important. I spent nearly a year with rough COGS and pricing numbers in shabby spreadsheet. That spreadsheet made me pay dearly once I realized our margins weren't good enough with how we were approaching things in the long run.

This template is made to help myself and others not make this same mistake.

Like many other entrepreneurs, I have new ideas on a weekly/daily basis. Figuring out the financial models for all of these ideas would be far too time consuming.


Photo by Michael Marsh on Unsplash

College is one of the best times in your life to get started in entrepreneurship.

Why?

Time, freedom, and free resources.

I spent my time in college as an entrepreneur falling face first, making mistakes time and time again. From creating a free food locator for students on campus, to a marketplace for popup stores, these experiences are still some of the most valuable to me today.

I utilized college in a nontraditional way compared to that of an average college student and I encourage you to do the same.

From my four years in undergrad at the University of…


Quick snaps of things, of life, of moments.

Some day to day photos.

No filters.

No edits.

Ive recently been obsessed with the balance of negative space, positive space, and how both the natural and man made world can strike a balance between the two.

These were all quick snaps with my phone of scenes and moments that I found interesting in the world.


Photo by Glenn Carstens-Peters on Unsplash

Daniel Strangfeld

Building to change the world for better through entrepreneurship and design. https://twitter.com/danstrangfeld

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