Remove Business Model Remove Business Plan Remove Employee
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Business Plan Financial Forecasts Test Your Savvy

Startup Professionals Musings

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. For even more value, you should develop a financial model. But a solid financial forecast is a required cornerstone for any business plan.

Forecast 238
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How to Write a Business Plan

Up and Running

You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

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Why Governments Don’t Get Startups

Steve Blank

Small businesses are grocery stores, hairdressers, consultants, travel agents, Internet commerce storefronts, carpenters, plumbers, electricians, etc. They are anyone who runs his/her own business. They hire local employees or family. Their job is to search for a repeatable and scalable business model.

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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

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The Helsinki Spring

Steve Blank

It’s hard enough to pick which existing companies with known business models to aid. At Tekes, government employees (and their hired consultants) – with no equity, no risk or reward, no startup or venture capital experience – try to pick startup winners and losers.

Finland 329
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Nokia as “He Who Must Not Be Named” and the Helsinki Spring

Steve Blank

You find early stage employees expecting to work normal hours, to get paid a regular salary, and not asking or expecting equity. Startup incubators, business angels and VCs are starting to emerge. Filed under: Business Model versus Business Plan , Customer Development , Teaching , Venture Capital.

Finland 332
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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

You find that you need to be near major customers, or employee transportation hubs, where rents are higher than you ever anticipated. Your frugal role model of bringing your own lunch won’t be convincing to most employees. Then there is the need for more substantial business accounting, database, and social media monitoring.

Cost 264