Jim Good, Founder and President of Parkview Advisors (and longtime water sector veteran), relays his tips and insights on the water sector start-up lifecycle. Plus, Reese Tisdale is back for a Bluefield on Tap segment that delves into recent trends relevant to federal expenditures on water.
In this session, you’ll learn about:
- How Jim’s work on Capitol Hill led him to the water sector
- Jim’s extensive work with investor-owned utilities
- The stages of a startup with a focus on the water sector
- The nature of the market startups face in the water sector
- The ideas Jim is seeing the most of in water sector startups
- Where an entrepreneur should start once an idea germinates
- Jim’s tips on writing the business plan and seeking angel investors
- Jim’s thoughts on navigating the “test bench” stage of a startup’s lifecycle
- The entities startups should market to in order to maximize exposure
- Why water sector startups need to look outside the water sector
- How cash burn and the water sector sales cycle create the “Valley of Death” for startups
- Jim’s advice on mitigating cash burn
- What (and when) startups need to think about their exit strategy
- Why knowing your technology roadmap is important
- Why knowing your growth prospects are important when considering a sale
- Why Jim thinks water sector startups should avoid the “disruption” buzzword
Resources and links mentioned in or relevant to this session include:
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