What’s the Lateral Capital Strategic Plan?


What’s the Lateral Capital Strategic Plan? One of the success “habits” we encourage all our invested companies to adopt is to answer five simple questions about their business. Together, these form a Five Questions │One Page® Success Plan. There’s nothing very new here. These questions map pretty well to the traditional strategic planning definitions of Mission, Vision, Objectives and Strategies, making this a very simple way to collect all your most important thoughts in one place. To help us stay on track, we have added a fifth question: Which work will we not do? This is what our One Page Solutions colleague Harry Kangis has dubbed The Won’t Do List®. Here’s how we answer these five questions for Lateral Capital:

1. “Why” does the organization really exist? – We are here to prove that over time, systematic investment in pools of Early Stage companies can be financially rewarding and benefit the Common Good.

2. “Where” is the organization headed long-term? – At the end of 25 years (2027), our plan is to have in place a sustainable investing system which can produce continuous long-term success for hundreds of investors.

3. “What” will the organization achieve? – We will prove that Lateral Capital can over-deliver the industry research average financial returns of 2.6X invested capital.

4. “How” will success be achieved? – These are the choices about the work needed to deliver the “What.” We have picked five strategies: a. Keep the funnel full with new investment opportunities – always more deals than we can do.

b. Invest against consistent investment criteria – which we will improve as we learn.

c. Help our invested companies to successful sales – with our perspective on how to succeed.

d. Learn from other investors – at every opportunity. e. Capture and share – what we have learned about achieving success, while acknowledging and understanding the causes of failure.

5. “Which” work will we not do? – We will not: ● Stop learning about what works in Early Stage investing. ● Lose our humility or sense of humor. ● Forget that our objective is to build a sustainable long-term system.