Startup Professionals Musings

MAY 17, 2020

In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan. A business plan is for you first, not investors. Even non-profits need a profitable business model to offset staff and operating costs.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Steve Blank

OCTOBER 7, 2011

It’s hard enough to pick which existing companies with known business models to aid. Direct government funding of startups has also delayed the maturation of business experience of local angels and VC’s. Filed under: Business Model versus Business Plan , Customer Development , Teaching , Technology , Venture Capital.

Finland 329

Finland Venture Capital Government Russia 329

Growthink Blog

DECEMBER 27, 2017

You need a good idea – and an excellent business plan. Business planning and raising venture capital go hand-in-hand. A business plan is required for attracting venture capital. But how exactly will your business plan persuade investors to sign a check? Hook them on the first page.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Steve Blank

FEBRUARY 23, 2013

First, he says, the focus of an established firm is to execute an existing business model — to make sure it operates efficiently and satisfies customers. Finding a viable business model is not a linear, analytical process that can be guided by a business plan.

Business Model 226

Business Model Business Plan Technical Review Search 226

Steve Blank

JANUARY 30, 2013

Entrenched Innovation Model Issues : Qualcomm’s existing innovation model – wireless products were created in the R&D lab and then handed over to existing business units for commercialization – was wildly successful in the existing wireless and mobile space. Venture Fest was not integral to their success.

Programming 273

Programming Technical Review Incubator Intellectual Property 273

SoCal CTO

DECEMBER 1, 2007

Then, I Review existing materials Business Plan Marketing Plan Marketing Materials Product Plan / Roadmap Current and Projected Financials Business Pipeline Team Member Bios / Resumes Current Metrics Roadmap Normally there are crude documents for each of these areas that can be quickly read / scanned.

Fractional CTO 231

Fractional CTO CTO Hire Technical Review Early Stage 231

Hearpreneur

OCTOBER 10, 2023

In the realm of great business ideas, a well-crafted business plan takes center stage. Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. Thanks to Evan Tunis, Florida Healthcare Insurance ! #2-

Business Plan 143

Business Plan Jordan Entrepreneur Florida 143

Steve Blank

OCTOBER 24, 2017

A CEO brought in from a large company came with all the big company accoutrements – org charts, HR departments with formal processes and procedure handbooks, formal waterfall engineering methodology, sales compensation plans, etc. — all great things when you are executing and scaling a known business model. Board Control.

Founder 281

Founder Technical Review CTO Hire IPO 281

Startup Professionals Musings

JUNE 11, 2022

You still start the process with a business plan, but then you look for a philanthropist rather than an investor. Some nonprofit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. That’s a higher calling. Marty Zwilling.

Angel Investor 327

Angel Investor Equity Technical Review Exit Strategy 327

Startup Professionals Musings

APRIL 12, 2019

These days, computer hardware also extends to smartphone subscriptions, iPads, and laptops as your employees and customers expect mobile operation. Then there is the need for more substantial business accounting, database, and social media monitoring. Obviously, the more detailed your business plan, the better.

Cost 264

Cost Founder Software Review Startup 264

Startup Professionals Musings

FEBRUARY 12, 2023

In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan. A business plan is for you first, not investors. Even non-profits need a profitable business model to offset staff and operating costs.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Up and Running

SEPTEMBER 19, 2018

Write your business plan and develop your business model with this in mind so you can avoid these issues. . You can choose from a few different types of business plans depending on your needs. If you’re seeking investment, you need a traditional business plan. Executive summary. Be specific.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Up and Running

NOVEMBER 17, 2020

Today, the virtual business model has a radically new relationship with employees. As such, it’s key that your remote team and working environment are now included as part of your business plan. First, do you need a business plan? No business plan = no outside investment.

Business Plan 138

Business Plan Startup Cloud Framework 138

SoCal CTO

JUNE 9, 2010

While Google fights on the edges, Amazon is attacking their core - Chris Dixon , May 22, 2010 Google is fighting battles on almost every front: social networking, mobile operating systems, web browsers, office apps, and so on. " In fact, 3 of the 10 selected companies from the past two years has followed this business model.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Steve Blank

JUNE 8, 2021

The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a business model. Team Neurosmart – Optimizing Performance of Special Operators. Team Salus – Patching Operational Systems to Keep them Secure.

Lean 417

Lean Security Asia SBIR 417

Startup Professionals Musings

JANUARY 7, 2013

The market and venture capitalists are looking for business, but with a continuing focus on proven business models. Here are some key action items that may give your business some visibility: Start with an investment-grade business plan. Both operating executives and top advisors count.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Up and Running

AUGUST 30, 2017

Working out a business plan for your daycare center can be a challenge. As someone who owns eight successful daycares in the Chicago area, I know the strategies and approaches that work when it comes to developing a sound business plan for a daycare center. What is your business model? How will you grow?

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Startup Professionals Musings

JUNE 9, 2012

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. Otherwise, sales, marketing, and operational costs will kill you. For even more value, you should develop a financial model. " Marty Zwilling.

Forecast 238

Forecast Burn Rate .Net Business Model 238

Up and Running

DECEMBER 6, 2012

Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. It starts with “Plan-As-You-Go” instead of detailed, formal business plans. Build an action plan: How are you going to validate your assumptions and measure progress? Do startups have a manual?

Lean 147

Lean Silicon Valley Forecast Technical Review 147

The Startup Magazine

OCTOBER 4, 2023

Not just any carpet cleaning business, but specifically an endeavor in dry carpet cleaning services. This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more.

Balance Sheet 145

Balance Sheet Technical Review Business Model Business Plan 145

Steve Blank

SEPTEMBER 5, 2018

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. To be fair, in the 20 th century, there really wasn’t a model for how to build startups other than write plan, raise money, and execute – the bubble was this method, on steroids.

Lean 335

Lean Burn Rate Startup IPO 335

Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

YoungUpstarts

AUGUST 24, 2017

Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? Conclusion.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

YoungUpstarts

JANUARY 15, 2019

A sustainable business plan is one that is flexible. There is no point in having a rigid strategy for the business and crying foul when customers shift to a much more relatable brand/organisation. They might seem ground-breaking and amazing for everyone associated with the business. Exhibit Operational Success.

Small Business 196

Small Business Software Review Technical Review Viral 196

Up and Running

JULY 22, 2014

Financial experts will have different opinions about what should be included in a financial plan, depending on the type of business you have and what you’re trying to accomplish with your business plan. These three components (revenue, COGS, and gross margin) are the backbone of your business model—i.e.,

Balance Sheet 148

Balance Sheet Forecast Equity .Net 148

Startup Professionals Musings

MARCH 22, 2011

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. Otherwise, sales, marketing, and operational costs will kill you. For even more value, you should develop a financial model. " Marty Zwilling.

Forecast 230

Forecast Burn Rate Startup .Net 230

Startup Professionals Musings

AUGUST 8, 2022

There is nothing wrong with a focus on making the current business model work better. Plan in great detail and avoid things not in the budget. Business plans should be loose frameworks to be used as guidelines rather than detailed route maps. Decisions made lower down always get more buy-in.

Stock Options 277

Stock Options Incubator Framework Stock 277

Up and Running

MAY 16, 2014

When problems requiring strong leadership occur, you may be reluctant to take charge and resolve the issues while your business continues to slip toward failure. Effective use of CRM can help keep your business from failing. Unprofitable Business Model. These are both additional paths to business failure.

Small Business 157

Small Business Leadership Demand Small Business Administration 157

YoungUpstarts

AUGUST 27, 2020

We are living with both feet squarely in the digital world, but there are plenty of industries and sectors based on analog business practices where new opportunities can now be found. What are the benefits of investing in property as a rental in the future? Hospitality. The more things change, the more they stay the same.

Entrepreneur 246

Entrepreneur Technical Review Startup LLC 246

Startup Professionals Musings

JULY 3, 2011

You still start the process with a business plan, but then you look for a philanthropist rather than an investor. Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. That’s a higher calling. Marty Zwilling.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

SEPTEMBER 8, 2019

You still start the process with a business plan, but then you look for a philanthropist rather than an investor. Some nonprofit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. That’s a higher calling. Marty Zwilling.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

The Startup Magazine

MARCH 14, 2022

It is here that the groundwork is laid and the business model developed. A business plan is drawn up to attract investors and partners. The legalities of starting the business are addressed to create a structure for attracting funding. The business logistics are defined, and a brand identity is created.

Technical Review 167

Technical Review Due Diligence India Startup 167

ReadWriteStart

JUNE 1, 2020

Reasons for funding. ? Scale up your operations. One of the most prominent reasons for funding is to scale up your operations, for expansion and achieve economies of scale. For example, you have already started a business and successfully implemented your idea, and it’s running well.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

APRIL 11, 2022

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

SEPTEMBER 15, 2012

You still start the process with a business plan, but then you look for a philanthropist rather than an investor. Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. That’s a higher calling. Marty Zwilling.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218