More Leads Doesn't Always Mean More Revenue

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Words of wisdom we’ve found from Founders, VC’s and Investors.

Here’s this weeks top 5:

We've all experienced this scenario: your calendar looks promising as you head into the new week, only to find that those booked calls didn't yield results. Remember, more leads lead to more conversations, but that doesn't always equate to more conversions.

The more calls you schedule, the more time and energy you'll need to invest in each account. It's essential to identify your Ideal Customer Profile (ICP) before you schedule any calls—consider factors like revenue, company size, technology used, and industry verticals.

"Time is what we want most, but what we use worst." - William Penn

#2

This tweet was a wonderful read as we head into a new and exciting week as founders!

AI has created incredible opportunities to launch new products or start that business you've been considering. Andrew made an excellent point: the window for startups opens and closes every few years, roughly once a decade. Let’s not miss out on the opportunity that is currently available!

#3

It’s important to be resourceful as founders, but you must also prioritize company morale. When employees feel overwhelmed, it can lead to burnout and high turnover rates. If you're seeking a cost-effective solution, consider outsourcing. At Founder Formula, we’ve successfully outsourced some tasks internally, allowing us to concentrate on company growth and more impactful work.

“It's important that you don't lie to yourself. If you lie to yourself, you end up with burnout.” - Patrick Pichette

#4

Building your personal brand takes time, but if done correctly, it can open many doors. If we all understand this, why do most people struggle to achieve it? The answer is simple: Consistency!

Once you establish authentic connections, marketing becomes 20 times easier!

#5

Speaking of personal brand, many founders often ask, "Where do I start?" or "What should I tweet?"

Nina compiled a fantastic list of ideas to help you begin your personal brand-building journey!

Feel free to share your thoughts on this issue! If there’s any topics you’d like to know about as a Founder let us know and we’ll get to work to cover it.