It’s that time of the month where companies need to make and share the reports of their business activities with their stakeholders. It’s no different for startups irrespective of how new they are.
The discipline of preparing an investor’s report helps you focus on the most important things. Committing to sending an investor’s report every month can help you become more productive, with the awareness that you need to have something to share.
An investor’s report tweaked rightly can be a very useful tool to get new investors, new users and new partners. A recent example is Paystack sharing their 2017 report, ‘2017 Year in review’ with the world.
If you are out looking for investor’s, a good hack is to share your monthly updates with the prospective ones you are interested in (rather than pitch decks), they will notice your growth over months and may contact you, if they are interested, which is probably easier than chasing them. Nobody wants to miss a good opportunity.
If you are not yet done with planning your New Year resolution for your company/startup, you can commit to sending monthly investor’s report, here are the top 9 guides that you should include in your investor’s report:
• Biggest Win
• KPIs
• Traffic/Traction
• Asks/Introductions
• Announcement/product update
• Press Updates
• Problems/Troubles
• Team Update
• What your company does
Read the detailed explanation here.
BONUS: 2 free templates for investors’ report to get you started
What else would you like to see in an investor’s report? Please share