FAQ

What is Heart of the Ventures?

Heart of the Ventures is a Startup Advisory company. Rowan Tombs, the Founder, and partners want to work with people who are driven to build a technology company for impact without the possible costly mistakes. It happens far too often. Failing well is essential, but running out of money and killing your potential business is avoidable. So we work with first-time entrepreneurs from the idea stage, through to $10million (Series A) in value. We are like the Founder(s) copilot, sherpa or concierge, guiding them through the stages of launching and building.

The way we work is:
1) Weekly Advisory Meetings, and/or
2) The Heart Starter Workshop

Founder Advisory and Mentoring - Idea Validation - Business Readiness - Investment Readiness - Technology Preparation - From Pre Seed Stage - Non dilutive

Is Heart of the Ventures a software and app developer?

No, we are not an app development company. As experienced Startup Advisors and Investors, independent from app developers, we know how important it is for first-time Founders to find the right developer and prepare the business to find revenue before building anything, as fast as possible. We help Founders do this before starting development with technical cofounders, agencies, freelancers, interns or bootstrapping it your self. Let's chat about our secret sauce framework that will give you the confidence to work with technology experts.

So...'what, when and how' of the workshop?

There are a few options. There is one virtual workshop per month. Plus, one in-person workshop in Sydney and Melbourne per month. Very limited to only 5 entrepreneurs per workshop as we tailor every experience for all attendees. It's not a cookie cutter approach. Rowan and his team (no one has less than 10 years experience) will give you the tools and recourses to validate your business, pitch to anyone, prepare for investment and set up your company properly.

The workshop is only one element. Before the workshop, you'll have a 1-one-1, 60 minute video call with Rowan to prepare you for the workshop. It's a chance for Rowan to understand why you are driven to start your business, get the backstory and understand what challenges or progress you've had so far. You'll receive all the templates that will be used in the workshop one week prior so you can prepare. You'll get access to our exclusive Startup Partner Portal with over $500,000 in discounts.

In the workshop, we'll design your brand, pitch decks, landing page and other resources right there! Think of it as the most practical Advisory and business design workshop for first-time startup Founders.

What happens after the workshop?

It's a long and often challenging journey on the pathway to making real impact and revenue. As Advisors, we can continue to meet every week to provide practical, guidance with introductions to our network when you need it. We'll even join you (even lead) on your meetings with developers to find the right partner.

How much should I be spending on starting my business?

Don't pay $22,000 to some accelerators. Dont loose any equity to some incubators. Don't pay between $10,000 and $50,000 to developers and their kick-off service only to find they built a lemon. Don't get ripped off going direct off shore. Don't waste your time with startup community events with generic advice. Our main focus is that you understand your customers and your business goals, as fast as possible.

It really depends on what you are building, how much your customers are going to pay and what time of capital investment you need. Generic programs, services and workshops are going to waste your time. In fact, setting your company up incorrectly will possibly leave money on the table as there are bench mark standards that investors look for.

In short, you shouldn't spend more than $5,000 to test an idea but this number is really unhelpful. It depends on your very unique situation. Let's discuss what you need to know. #nomoresharks