Startup Funding Espresso -- Deal Flow Best Practices
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In running deal flow, here are some best practices to consider: Automate your deal flow process as much as possible by capturing consistent information into one application. Track deal flow sources and analyze on a regular basis.\xa0\xa0 This shows where the best deals are coming from and where to spend time. Use online data sources to augment your deal flow information.\xa0\xa0 This step helps make follow-up decisions easier to figure out. Monitor your deal flow activity for changes.\xa0\xa0 This shows the impact of the market and conditions and signals for a change in follow-up. Set up workflow processes so the deal goes to the right people in the proper sequence.\xa0 Flag your most important deals to make sure they don\u2019t fall through the cracks. Optimize your system for your deal flow by gathering only the relevant information. Connect your deal flow system to your email and other systems to integrate into the overall workflow. Deal flow can be expensive in time and money, so it\u2019s important to apply these steps to reduce the cost. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0 For Feedback please contact info@tencapital.group\xa0\xa0 Music courtesy of