Lithium Ventures is a bootstrapped community-driven launchpad that raises funds for early crypto startups.
The Problem
Lithium Ventures is a bootstrapped community-driven launchpad that raises funds for early crypto startups.
Lithium has grown too fast in its first 9 months of existance, and many things were still done manually due to the lack of time for automating and creating proper processes.
Lithium’s objective is to scale to generate $5M monthly revenue, making as few hires as possible.
They want to make their decision-making and operational processes as slick and simple as possible, and eliminate low leverage work through processes, systems and automations.
Therefore they wanted Systemify to focus on five main things:
Standardize their deal flow process, which is the process every potential project (or deal) goes through from the first contact to being launched in their launchpad.
Creating a system for their vesting payments, which is the recurring payments early private investors receive.
Creating a system for their content production across all their platforms.
Processes for their internal and external communications.
Building SOPs so all these processes scale.
The Solutions implemented
1. Deal Flow Process
The system
Lithium doesn’t need to reinvent the wheel for every project, so defining a standardised set of steps for every project was crucial.
During many Zoom calls, we dove deep into every single step throughout the process, defining what brings the project forward and which actions were necessary at every stage.