Talking Business: Becoming More Than ‘Aspirational’

Emmet McGonagle

Jun 17, 2022

In the most recent installment of our ‘Talking Business’ series Teruel Carrasco - president of Valhalla Private Capital, co-founder of Radar Endeavour Group Inc and CEO of Lending Assist - has explained how to avoid the pitfalls of sharing “aspirational” projections with an investor during a pitch.


With expertise in business development and overall strategies within startups and established companies alike, Teruel remarked that many founders focus on creating “very fancy charts and and forecasts” for their pitch.


However, although these infographics tend to “look great”, it soon becomes clear that these figures are nothing more than “aspirational” and are not likely to be achieved as intended.


This is largely because “doesn’t understand the pathway: required to reach these milestones.


“This is something which founders need to contemplate and get coaching/mentoring on so that they can properly prepare when they go in front of an investor and make the case for their startup,” Teruel said.


For this reason, Teruel points to Valhalla Private Capital’s Basecamp - an intensive hands-on bootcamp in which entrepreneurs can gain expert insight into the startup ecosystem in a bid to “get ahead” in today’s startup ecosystem.

To date, more than 1,100 entrepreneurs have participated in Valhalla Private Capital’s programs, helping those involved to collectively raise upwards of $500m in capital.


Do you have a question about angel investing? Get in touch with Valhalla Private Capital via our contact page.

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More than half of workers believe that disclosing worker compensation details on job postings will lead to better equality in pay, according to the latest iteration of LinkedIn’s Workforce Confidence Index . The index - which is based on a survey of 3,302 members in Canada between June and September 2023 - found that 52% of people asked felt that people sharing their pay information (including salary and bonus) would improve workplace equality, compared to 48% in 2022. This number varies between different generations, with younger Canadians more likely to express support for pay transparency (73%), followed by 69% of Millennials, 46% of Gen X and 44% of Baby Boomers. However, 37% of those surveyed remarked that they felt anxious about sharing their pay information - a 2% rise from the year prior. Likewise, just under half (49%) said they felt well compensated for the work they do while 74% expressed that the pay gap between CEOs and employees had become too wide. The people of LinkedIn have come out in their dozens to give their two cents on the topic, with Adrienne Tom , executive resume writer for executives, saying: “ I'm all for salary transparency, so long as the number is clear and legit. Some postings list salary ranges so wide that the actual salary number isn't entirely clear, leaving job seekers confused.” “If you have a manager who is not advocating for the pay gap, you are working for the wrong manager,” remarked career strategist Sweta Regmi , while noting that women in Ontario earn an average of $0.87 for every dollar earned by men. On the topic, she added: “Salary ranges with job postings can help close the gender pay gap while allowing companies to find qualified candidates more quickly.” Do you have a question about angel investing? Get in touch with Valhalla Private Capital via our contact page .
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