Undercover at Two Feet: Investment

Welcome to the sixth instalment of Undercover at Two Feet, where we cover each Two Feet topic as they unfold. From Intent, to Funding and Pitching, to Team and Governance, our Two Feeters are covering a lot of ground this year, and we want to take you inside.

This week was all about investment with Ishani Chattopadhyay, read on to find out what was was covered…

Date: 1/8/2017

Location: The Academy, 50 Miller St, North Sydney

Facilitator: Ishani Chattopadhyay

Session: Investment

Vibe: It should come as no surprise that as soon as the topic turns to “how to get more money into my business”, entrepreneurs’ ears prick up. After the last session on Finance fundamentals, today’s session switched to viewing the business through an investor’s eyes.

There are all kinds of investment out there (equity, debt, mezzanine etc.), so it’s important to think through the pros and cons of each investment type and which might be right for your business given the stage you’re at.

The teams got the chance to play their hand at being discerning investors, grilling Ishani on a real world case study. Judging by the quality of the questions, I think we had some savvy potential investors in the room!

Lunch: Wraps and sandwiches

Playlist: Folk, rock, chill (a collection of chilled classics)

 

“If you take on investment without a sound business model, you may turn a paper cut into a haemorrhage.”

 

Key Takeaways: Nobody believes in your idea like you do. As an entrepreneur you have a vision and the drive to make it happen. For an investor, their view of your business is going to be very different. There are investors of all types, with different appetites for risk, differing focuses and different values or specialty areas.

Having a key understanding of the risks in investing in your business and demonstrating that you know how to face these challenges is paramount in helping you secure the capital you need.

At the end of the day, investment is not a magic fix. Without a sound business model and a deep understanding of your customer, investment may only delay the end rather than be a catalyst for growth.

Key Moments: The teams really got into the role play, asking very deep questions and really testing Ishani’s knowledge of the business. It’ll be very interesting to see how they handle the pressure when their own business is probed deeply in next week’s funding and pitching!

Spread the love

Business and mindset coaching offers key to covid recovery for women-led businesses in PNG

TDi are working with PNG Women’s Business Resource Centre to recruit and coach a total of 100 women-led SMEs (or deliver 800 hours of coaching) over four rounds of coaching from May through to December, with an average of 200 hours of coaching per round. Alongside, 4 Local Business Coaches are being trained in TDi’s method to continue to support women-led SMEs in PNG. Here are the results for the first of the four rounds of coaching.

What 10 years and deep curiosity has taught us

Last year TDi celebrated 10 years, and over that time we’ve had the opportunity to travel with a number of organisations and often get a bird’s eye view of what’s going on. Recently, TDi’s CEO Anthea Smits, had the opportunity to reflect on what the past 10 years and deep curiosity has taught us. This article is a reflection on our top 6 learnings.

Meaningful Conversations about Reconciliation

This month’s Meaningful Conversation coincided with the start of National Reconciliation Week so we took the opportunity to explore the notion of reconciliation, and particularly this year’s theme which invites brave action.

Using the Business Model Canvas

When it comes to creating a new business, one question looms larger than all others: “Does this have potential?” The Business Model Canvas is a great starting point. This blog by TDi’s Isaac Jeffries describes how to fill out it out.

Hope in a challenging environment

A reflection by TDis, Carlo Demaio, on the PNG Highlands township of Porgera.

Mitch Wallis puts his heart on his sleeve about working with TDi

We were so grateful to Mitch from Heart On My Sleeve for sharing this video story of his experiences working with TDi.

A creative business model that is inspiring Pacific Islanders to return to local cuisine to benefit their health, economy and climate

“The story of the food is the story of the people.” This is the belief that has inspired celebrity chef Robert Oliver to create the reality cooking show and community project ‘The Pacific Island Food Revolution’.

Reflections on a year of Crisis and Challenge

As the mood becomes festive, with the end of a long year in sight, we want to take a moment to pause. It’s tempting to want to switch off, but before we do, we want to share some honest reflections of this past 12 months so that we go forward with the learning and insights of this year’s journey. 

Holiday Reading Recommendations

The TDi team spend a lot of time reading (or listening) to books and podcasts throughout the year. This year has been out of the ordinary, to say the least, so our reading and watching suggestions for this holiday season are a mix of fun and educational - just to...

Social Enterprise Marketplace

If you are looking for a gift or service with a purpose, we’ve created a marketplace so that you can #shopsocialenterprise.