Hearpreneur

OCTOBER 10, 2023

2- Yes, to build a customer-centric business model Photo Credit: David Brewer We based and built it around the idea that our industry could, and should do better and that was the model that we were going to implement that idea as our core objective. Thanks to Evan Tunis, Florida Healthcare Insurance ! #2-

Business Plan 129

Business Plan Jordan Entrepreneur Florida 129

Startup Professionals Musings

SEPTEMBER 20, 2017

Some nonprofit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. A nonprofit is still a business, maybe even tougher than for-profit to run successfully, so the best angel is a great entrepreneur at the helm for fund-raising, as well as operations.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

Startup Professionals Musings

MARCH 10, 2023

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Solo entrepreneurs, with a team of helpers, will be assumed to be a hobby rather than a business. Solution development and delivery.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Startup Professionals Musings

OCTOBER 13, 2013

Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. A non-profit is still a business, maybe even tougher than for-profit to run successfully, so the best angel is a great entrepreneur at the helm for fund-raising, as well as operations.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

Startup Professionals Musings

OCTOBER 7, 2022

If your financial model projects a negative cash flow in this period of $400,000, you should buffer this amount by 25 percent, and ask for $500,000. Be prepared to explain your business model. Can you justify your use of funds to this investor?

Preferred Stock 304

Preferred Stock Exit Strategy Equity Angel Investor 304

Startup Professionals Musings

JANUARY 27, 2021

Make sure these cover your business model and exit strategy, so the angels see how both of you will make a reasonable return. Every angel looks to scale the business after you have funded product design, perhaps with friends and family. Opportunity sizing and financial projections must be credible.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

Startup Professionals Musings

JANUARY 31, 2021

There is no magic formula for a formal business plan format or sequence, but I would recommend the following ten sections, in this sequence, with relevant content: Executive summary Problem and solution Company description Market opportunity Business model Competition analysis Marketing and sales strategy Management team Financial projections Exit (..)

Silicon Valley 342

Silicon Valley Exit Strategy Business Plan Restful 342

Startup Professionals Musings

SEPTEMBER 15, 2012

Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. A non-profit is still a business, maybe even tougher than for-profit to run successfully, so the best angel is a great entrepreneur at the helm for fund-raising, as well as operations.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218

Startup Professionals Musings

MARCH 11, 2016

Come with a product built and a proven business model. These may not be required, but they will help convince an investor that you have a real plan to execute and understand the variables that affect every business. Formalize the business structure before asking for funding.

Angel Investor 120

Angel Investor Intellectual Property Accredited Investor Angel Groups 120

Growthink Blog

DECEMBER 27, 2017

In describing the competitive landscape, show how your business model creates competitive advantages, and – more importantly – defensible barriers to entry. Provide a clear exit strategy. Be sure to provide comparable examples of firms who have successfully exited. market research). Demonstrate barriers to entry.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Startup Professionals Musings

JULY 3, 2011

Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. A non-profit is still a business, maybe even tougher than for-profit to run successfully, so the best angel is a great entrepreneur at the helm for fund-raising, as well as operations.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

NZ Entrepreneur

NOVEMBER 14, 2019

One of the main (and early) steps is to make a considered decision about what IP means to your business and what IP tools will be used to support your business model. Not doing so can cause big problems later for your business. Make IP decisions and do so early.

Intellectual Property 45

Intellectual Property IP Software Review New Zealand 45

Startup Professionals Musings

FEBRUARY 15, 2015

Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. A non-profit is still a business, maybe even tougher than for-profit to run successfully, so the best angel is a great entrepreneur at the helm for fund-raising, as well as operations.

Angel Investor 120

Angel Investor Equity Technical Review Exit Strategy 120

Up and Running

AUGUST 28, 2018

Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Now is the time to lay out what you’ll do to attract patients and set up a viable business model with healthy financials. Your funding ask and exit strategy, if applicable. Be specific. Financial plan.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

NOVEMBER 4, 2011

It should answer every question an investor or associate might ask, including current valuation, funding needed, and exit strategy. Finalize your financial model. Like the business plan, a financial model is required as much for your own use as to impress angel investors. Free trials don’t count.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

JUNE 7, 2020

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Solo entrepreneurs, with a team of helpers, will be assumed to be a hobby rather than a business. Solution development and delivery.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

Startup Professionals Musings

JANUARY 4, 2020

If your financial model projects a negative cash flow in this period of $400,000, you should buffer this amount by 25 percent, and ask for $500,000. Be prepared to explain your business model. Can you justify your use of funds to this investor?

Startup 337

Startup Preferred Stock Exit Strategy Equity 337

Steve Blank

NOVEMBER 18, 2016

Each of our teams in this class followed the canonical Lean model: Articulate your hypotheses using the business model canvas. Each week the teams got out of the classroom and talked to 10-15 customers, testing a new part of the business model canvas. Exit Strategy. Really impressive process.

Artificial Inteligence 323

Artificial Inteligence Lean Exit Strategy Startup 323

Startup Professionals Musings

SEPTEMBER 23, 2010

It should answer every question an investor or associate might ask, including current valuation, funding needed, and exit strategy. Finalize your financial model. Like the business plan, a financial model is required as much for your own use as to impress angel investors. Free trials don’t count.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

ReadWriteStart

JUNE 1, 2020

In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. For these businesses, it is imperative to get funding from the start without which the company cannot be set up.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Reid Hoffman

JULY 23, 2020

This week, I’d like to turn to the question of how current market conditions affect the approach entrepreneurs should take towards their exit strategy. Those traditional investors ask, “What’s your business model?” That effort failed, and more than a year into Google’s history, there wasn’t a viable business model.

IPO 36

IPO Exit Strategy Acquisition Technical Review 36

Startup Professionals Musings

JUNE 6, 2010

Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. A non-profit is still a business, so the best angel is a great entrepreneur at the helm for fund-raising, as well as operations.

Angel Investor 143

Angel Investor Technical Review Exit Strategy Equity 143

Up and Running

JUNE 16, 2014

Make no mistake, you will need to have a business model or a business plan that shows just where you sit in relation to your competitors. This is where the ‘exit strategy’ comes in. An exit strategy is not your plan for when the business fails, but rather, your strategy for returning money to investors.

Exit Strategy 91

Exit Strategy Advisory Board Business Plan Portfolio 91

Startup Professionals Musings

AUGUST 27, 2012

Business model. Exit strategy. What is the planned exit strategy (IPO, merger, sale, including likely candidates)? What is the timeframe for the exit? Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

The Startup Magazine

JANUARY 28, 2019

One of the most significant hurdles that many aspiring entrepreneurs must face involves raising capital to launch their business. With some business models, it may take many months or even a few years until the company can break even or turn a profit on a regular basis. This means that the funding amount may be substantial.

Entrepreneur 123

Entrepreneur Venture Capital Small Business Administration Exit Strategy 123

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. How much time do they have for you?

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Women Entrepreneurs Can

JUNE 3, 2021

Having shared values & vision also means you have thought about an exit strategy for your business. New businesses are meant to take risks and often things don’t pan out. Many businesses go through tough times including now iconic names such as SpaceX. ” (Source: Harvard Business Review ).

Partner 52

Partner Technical Review Cofounder Georgia 52

Gust

AUGUST 30, 2012

Team, Business Model, Traction, Customer Acquisition, Scalability, Defensibiity, Capital Efficiency, Churn, Time to Breakeven, Exit Strategy. Integrity, Passion, Startup Experience, Domain Expertise, Functional Skills, Leadership, Commitment, Vision, Pragmatism, Flexibility, Personality. Characteristics of the Venture.

Founder Vesting 144

Founder Vesting Option Pool Exit Strategy Vesting 144

Steve Blank

NOVEMBER 18, 2016

Each of our teams in this class followed the canonical Lean model: Articulate your hypotheses using the business model canvas. Each week the teams got out of the classroom and talked to 10-15 customers, testing a new part of the business model canvas. Exit Strategy. Really impressive process.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Startup Professionals Musings

JUNE 10, 2011

Business model. Exit strategy. What is the planned exit strategy (IPO, merger, sale, including likely candidates)? What is the timeframe for the exit? Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape.

Elevator Pitch 234

Elevator Pitch Exit Strategy Burn Rate Merger 234

Startup Professionals Musings

JULY 27, 2018

This implies high odds of a scalable business, simply needing an investment to lead to success. Business model showing costs, pricing, and margins. Equally important is a projected use of these funds in scaling the business, including time frames for future investment requirements.

Product 145

Product Intellectual Property Liquidity Event Exit Strategy 145

Duct Tape Marketing

APRIL 18, 2024

As a former business exit advisor, she crafts exit strategies, adding up to five figures to clients’ net profit monthly so they can focus on growth. With her expertise, she’s boosted hundreds of agencies to millions in revenue, attracting premium clients willing to pay 50-600% fees.

Framework 63

Framework Sales Cycle Sales Hiring 63

Startup Professionals Musings

AUGUST 8, 2016

Validate your business model on real customers. Giving free beta copies of your solution to customers to elicit testimonials does not validate a business model. The best business models benefit social needs as well as business needs. Build a long-term growth strategy and exit plan.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Up and Running

MAY 4, 2015

Describe your revenue model. State your exit strategy. You could include a brief product demo that shows off your technology, or more details about your smart and efficient business model that you might not otherwise have had time for. Explain your plan for customer acquisition. Outline your competition.

Technical Review 60

Technical Review Entrepreneur Software Review Houston 60

Startup Professionals Musings

AUGUST 13, 2012

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Exit strategy. For a family business, don’t project an exit. This is how you will make money, who pays you, and gross margins.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

AUGUST 7, 2015

How the solution and business model work to fund the business. Investors will impatiently expect a winning business model, customer segment definitions and volume projections. Investors will impatiently expect a winning business model, customer segment definitions and volume projections.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

Startup Professionals Musings

AUGUST 19, 2013

But, if you ask, ten sections is a nice round number, and would include the following: Executive summary Problem and solution Company description Market opportunity Business model Competition analysis Marketing and sales strategy Management team Financial projections Exit strategy You can get free downloads of sample business plans from the Internet, (..)

Business Plan 230

Business Plan Exit Strategy Partner Business Model 230