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by Madintelligence 5147 days ago
The point of the ebook was to try and present the perspective of VCs very simply and to the point through some research. This was done through a checklist type deal, where the content was free (and an option to pay) - as I say in another reply this is so I can try to understand this type of business.

I am from an Accounting background just btw.

Thank you very much for your feedback - its all part of the learning process. I have made changes and will definitely try to incorporate this in the future.

1 comments

From an accounting background instead of a VC or entrepreneur background, it's probably worth emphasizing that and focusing the content that way.

There is a lot of "how to do accounting at startups" content which is lacking on the Internet -- maybe something as basic as "how to spend your own money pre-raising funding so you can get reimbursed", and then the basics of accounting for a team of 2-5 with minimal (<500k) seed investment and early revenue.

Just teaching people the difference between cashflow and P&L would be a worthwhile lesson.

If I were you, I'd probably develop a sizable (20-30+) number of standalone free 1-5 page resources on various topics, then offer a service instead of a product (15 minute consultations, phone/skype).

I am not sure how different the accounting rules are in the US vs. Australia vs. elsewhere -- aside from tax, for early stage companies, they're probably fairly universal. I do think helping people set up something like Xero would be useful, since Quickbooks is rather mediocre, and NetSuite is overkill (and the single-entry systems like Freshbooks aren't really worth considering).

In general, sell expertise, give away anything else.