Main Responsibilities Of A Co-Founder And Managing Partner At Auxo Partners
Connor, Co-Founder & Managing Partner at Auxo Partners, focuses on "sales and marketing" and "hiring and culture," having shifted from initial responsibilities like "day-to-day financial management" and investor deck preparation. This evolution reflects Auxo's work advising startups on financial optimization and capital raising, with Connor actively using tools like Crunchbase to drive sales and build a team possessing "big company investment banking, private equity type skillset" adapted for startups.
Financial Modeling, Sales and Marketing, Startups, Mergers and Acquisitions, Entrepreneurship
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Connor Frischmeyer
Co-Founder & Managing Partner
Auxo Partners
University of Iowa 2016
N/A
Finance
Finance (Banking, Fintech, Investing)
Entrepreneurship and Business Owner
None Applicable
Video Highlights
1. Connor's role involves diverse responsibilities, reflecting the dynamic nature of startups and the need for adaptability.
2. He focuses on sales and marketing, utilizing tools like cold emailing and Crunchbase to identify potential clients and build a sales pipeline. This highlights the importance of business development in a consulting role.
3. Connor emphasizes the importance of hiring and fostering a strong company culture, suggesting the significance of team dynamics and human capital in a successful venture. This showcases the soft skills needed in management roles.
Transcript
What are your main responsibilities within your current role?
My role's responsibilities vary quite a bit. As most founders will tell you, it's whatever is needed to move the business forward.
Oxo provides advice primarily to startups, and sometimes to private equity-backed companies. We help them optimize their financial structure and business monitoring for greater efficiency and faster, more controlled growth.
As part of this, we offer fractional CFO services. We also assist companies in raising capital and engage in M&A transactions, usually smaller, strategic deals. These are often for software companies but can apply to any startup.
We also work with consumer packaged goods (CPG) and in the cannabis industry, among a few other areas. My main responsibilities currently are sales and marketing, and hiring and culture.
Initially, my focus was on day-to-day financial management, financial modeling, and helping create investor decks. While I still do some of that, I've shifted my focus to content marketing and outbound sales. I use several programs for cold emails and regularly review Crunchbase for funding news.
I look for companies that have recently raised funding or haven't raised in the last two years. I've developed personas for the groups I want to reach, focusing on driving sales forward. Culturally, I aim to identify individuals within my network who possess big company investment banking or private equity skillsets. I then help them apply these skills to startups where they can have a greater impact.