Startup Professionals Musings

SEPTEMBER 12, 2021

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. They can iterate and evolve their business idea with a low burn rate and minimal dependencies. You won’t even be considered without a business plan.

Business Plan 316

Business Plan Technical Review Angel Investor Due Diligence 316

Startup Professionals Musings

JULY 9, 2014

If you think you are the perfect fit for the entrepreneur lifestyle, but you’re not yet sure if you’re ready to start your own, then I recommend that you take a job with an existing startup first to validate the culture realities against your dream. Running or working for a startup is more of a lifestyle than a career choice.

Technical Review 250

Technical Review Stock Options Due Diligence Silicon Valley 250

Startup Professionals Musings

NOVEMBER 7, 2014

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans are a waste of time. Beyond the value to the entrepreneur, let’s take a look at how and when a written plan might add value, or even be required, by other people who may be critical to the success of your startup efforts.

Business Plan 274

Business Plan Technical Review Angel Investor Due Diligence 274

Startup Professionals Musings

OCTOBER 18, 2015

If you think you are the perfect fit for the entrepreneur lifestyle, but you’re not yet sure if you’re ready to start your own, then I recommend that you take a job with an existing startup first to validate the culture realities against your dream. Running or working for a startup is more of a lifestyle than a career choice.

Technical Review 120

Technical Review Entrepreneur Stock Options Due Diligence 120

Tim Keane

DECEMBER 14, 2009

Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC. Starting Startups.    Read   Want to Start a Startup ?   A way to fund a startup is to get a job.    Good angel groups, too.    Yup. 

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

Startup Professionals Musings

AUGUST 27, 2012

As a member of the local Angel group selection committee, I’ve seen a lot of startup presentations to investors, and I’ve never seen one that was too short - maybe short on content, but not short on pages! Every startup needs both a business plan and an investor presentation, completed before you formally approach any investors.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

Up and Running

DECEMBER 11, 2013

Investors like valuation to relate to actual business numbers, such as sales, gross margin (price less direct costs), and burn rate or fixed costs. And every startup should understand the basics as it deals with potential investors. . I’ve seen this same phenomenon in the angel group. It’s simple math. .

Valuation 136

Valuation Oregon Burn Rate Angel Groups 136