TSP025 | Nasir Ali – How To Be Extremely Coachable, But Not At All Impressionable

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TSP026 | Jon Paul – Harder Faster Cheaper Is Not A Change In Direction
TSP024 | Mike Brown - Internet Natives Are Changing How Business Is Done

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Episode Summary

Nasir Ali is an angel investor for Seed Capital Fund, the co-founder of a non-profit called Upstate Venture Connect, and he’s the managing director for StartFast Venture Accelerator. Nasir shares his insights on what his companies look for in a pitch and the importance of coachability in an entrepreneur. Nasir believes data will point you to all the right answers and shares an example of a company who had to pivot four times based on new data they had collected.

Key Takeaways

  • 01:55 – Nasir shares his story on why he loves startups.
  • 05:00 – What’s the Seed Capital Fund’s process?
  • 06:20 – What does Nasir look for in a pitch?
  • 08:20 – Nasir explains common pitch mistakes new entrepreneurs make.
  • 10:55 – Nasir talks about Chequed and what they did right in their pitch.
  • 15:50 – How does Nasir help startups?
  • 20:00 – Coachability is sometimes a double-edged sword, but it’s a critical key in an entrepreneur.
  • 21:25 – It’s always about the data. The data will lead you towards or away from an action.
  • 21:55 – Nasir shares a story about SpinCar and how they pivoted four times.
  • 27:20 – What does StartFast’s demo day entail?
  • 30:00 – Nasir talks Upstate Venture Connect.
  • 33:30 – Recommended reading? Startup Communities by Brad Feld and The Rainforest by Victor Hwang and Greg Horowitt.

Tweetables

[Tweet “Be coachable not impressionable.”]
[Tweet “Great investors solve unknown needs of founders.”]
[Tweet “Explain the problem you solve in a way that is easy to understand.”]

Links Mentioned

Chequed
SpinCar
Startup Communities by Brad Feld
The Rainforest by Victor Hwang and Greg Horowitt
Upstate Venture Connect
Upstate Venture Connect Twitter
StartFast
StartFast Twitter

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TSP026 | Jon Paul – Harder Faster Cheaper Is Not A Change In Direction
TSP024 | Mike Brown - Internet Natives Are Changing How Business Is Done
Tags: angel investor, Nasir Ali, pitch, StartFast Venture Accelerator, Upstate Venture Connect