Startup Professionals Musings

JULY 15, 2013

Using your data, here are the basic elements of the projection process, which are measurable by milestones, and can be tracked to show when a re-forecast is required: Start with sizing per-unit profitability. Next comes sales volume by channel. This forecast is really their commitment. Plan to re-forecast every quarter.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Steve Blank

SEPTEMBER 5, 2018

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. These bubble startups were actually guessing at their business model and did premature and aggressive hype and early company launches and had extremely high burn rates – all predicated on an IPO to raise more cash.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

JUNE 9, 2012

Using your data, here are the basic elements of the projection process, which are measurable by milestones, and can be tracked to show when a re-forecast is required: Start with sizing per-unit profitability. Next comes sales volume by channel. This forecast is really their commitment. Plan to re-forecast every quarter.

Forecast 238

Forecast Burn Rate .Net Business Model 238

Startup Professionals Musings

MARCH 22, 2011

Using your data, here are the basic elements of the projection process, which are measurable by milestones, and can be tracked to show when a re-forecast is required: Start with sizing per-unit profitability. Next comes sales volume by channel. This forecast is really their commitment. Plan to re-forecast every quarter.

Forecast 230

Forecast Burn Rate Startup .Net 230

Startup Professionals Musings

MARCH 25, 2010

Next comes sales volume by channel. This forecast is really their commitment. Your “burn rate” or net cash flow out is usually the single most important survival parameter to a startup. Initial forecasts should be aggressive for credibility, but don’t shoot for the moon. Cash flow is king.

Forecast 151

Forecast Startup Burn Rate .Net 151

VC Cafe

NOVEMBER 2, 2019

Forecasting is sometimes done by dragging the mouse based on many assumptions, because it’s hard to predict the future. One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate?

B2C 141

B2C Technical Review Startup Retention 141

Startup Professionals Musings

FEBRUARY 5, 2021

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping.

Forecast 369

Forecast Burn Rate Startup Widget 369