Up and Running

OCTOBER 22, 2014

The problem you are solving: How are you helping your customers? Don’t think that your business doesn’t solve a problem; for example, a new restaurant would fill a need for a particular type of cuisine, or a certain atmosphere that is not currently available in a certain neighborhood. Your customer: Who is your ideal customer?

Business Plan 130

Business Plan Elevator Pitch Forecast Partner 130

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. We were positing that 20 years of teaching “how to write a business plan” might be obsolete. This post is part one.

Lean 307

Lean Business Model Customer Development Guinea 307

Startup Professionals Musings

APRIL 2, 2012

You can bet that if he ever sees a real business plan from you, it will go to the bottom of the pile. An Executive Summary is a one page elevator pitch of the whole plan (may be separate from the plan), which gives an investor a net perspective on the key business parameters. Send the plan without a summary.

Elevator Pitch 244

Elevator Pitch Technical Review Business Plan .Net 244

Startup Professionals Musings

JUNE 26, 2015

As a model, think high-quality marketing collateral, with text and graphics in columns and sidebars, but focused on the value of your business, rather than selling your product. I see too many executive summaries that are simply heavy-duty customer pitches, or lightweight visions of the future.

Intellectual Property 120

Intellectual Property Elevator Pitch Angel Investor Technical Review 120

Startup Professionals Musings

APRIL 7, 2023

Here are some guidelines that will help you with the right answers, not only in closing your next investment, but in planning when and how much money to ask for: Investors are most interested in helping you scale the business. Building a huge inventory before you have a confirmed customer is not a convincing strategy.

Elevator Pitch 228

Elevator Pitch Salary Angel Investor Viral 228

Startup Professionals Musings

NOVEMBER 4, 2011

Remember to aim the content of both of these at investors, not customers. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Prepare an investment-grade business plan. Close at least one initial customer. Free trials don’t count.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Startup Professionals Musings

FEBRUARY 5, 2011

You can bet that if he ever sees a real business plan from you, it will go to the bottom of the pile. An Executive Summary is a one page elevator pitch of the whole plan (may be separate from the plan), which gives an investor a net perspective on the key business parameters. Send the plan without a summary.

Business Plan 242

Business Plan Elevator Pitch Technical Review .Net 242

Startup Professionals Musings

JULY 12, 2020

Here are some guidelines that will help you with the right answers, not only in closing your next investment, but in planning when and how much money to ask for: Investors are most interested in helping you scale the business. Building a huge inventory before you have a confirmed customer is not a convincing strategy.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

Startup Professionals Musings

MARCH 2, 2020

In addition, creating a business requires leading and interacting with other people, including partners, investors, and customers. Target measurements allow you to assess your business progress. Take your time in moving from your idea to a business. You must also learn from your customers.

Elevator Pitch 315

Elevator Pitch Cofounder Dividend Leadership 315

Startup Professionals Musings

SEPTEMBER 23, 2010

Remember to aim the content of both of these at investors, not customers. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Prepare an investment-grade business plan. Close at least one initial customer. Free trials don’t count.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Austin Startup

FEBRUARY 23, 2020

This SaaS company, one of 50 finalists for SXSW Pitch 2020 , enables global organizations to analyze and resolve pay gaps due to gender or race and stay in compliance over time. Syndio has over 60 enterprise customers including Nordstrom, Match Group, Target, Adobe and PagerDuty and already more than 1.3

Technical Review 62

Technical Review Seattle Elevator Pitch Equity 62

The Startup Magazine

JUNE 24, 2021

The “lean canvas” business plan, however, was designed to take all of that stress away and instead direct your efforts towards a concise, single-page document that consists of only nine key building blocks. For inspiration, refer to videos where people work out examples, such as the following clip: The 9 building blocks: Customer segments.

Lean 88

Lean Elevator Pitch Startup Business Plan 88

Startup Professionals Musings

SEPTEMBER 21, 2018

This pitch will be required by every platform, and it needs your effort and focus before the crush of all the other fundraising tasks. I recommend that you start by creating an “elevator pitch,” then an executive summary, and begin work on your business plan and financial model.

Equity 236

Equity Intellectual Property Elevator Pitch Social Media 236

Up and Running

JANUARY 15, 2018

Your Lean Plan should include an overview of your strategy and tactics (problem-solving and possible solutions), your business model (including your target market and competition), and a schedule of what you’re doing and when. You should also include some core financials such as a sales forecast, expense budget, and cash flow forecast.

Web 86

Web Design Software Review Elevator Pitch 86

Up and Running

AUGUST 30, 2017

You want to review all the different components of your business model. This description should basically be an elevator pitch for potential partners and business investors to get excited about what you’re offering and your unique location, philosophy, and approach. What is your business model?

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Startup Professionals Musings

DECEMBER 8, 2017

Since this document is outward facing, it is important to keep the terminology and tone consistent with that of your customer set, investors, and business partners. This is your elevator pitch hook, which you must be able to deliver in 30 seconds. Provide details on the business model and cash flow.

Elevator Pitch 163

Elevator Pitch Angel Investor Silicon Valley Business Model 163

VC Cafe

SEPTEMBER 26, 2010

If you can’t explain your idea in 2 sentences, your customers probably won’t either. Also, make sure you practice your elevator pitch. Get feedback from your customers. Ask customers how they would use your product – friends and family don’t count for this purpose. Articulate your idea.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Up and Running

MARCH 14, 2018

Your revenue or business model. Customer acquisition: Marketing and sales strategy. This is usually one of the most skipped sections of an investor pitch and a full business plan. How will you reach your customers? Your financials should easily allow you to calculate your customer acquisition costs.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

ConversionXL

NOVEMBER 17, 2022

In this guide, you’ll learn how digital analytics can benefit your business and how to use it to communicate with stakeholders. You’ll also discover digital analytics tools and the most complete digital analytics training to help you better understand your customers. For customer analysis: Woopra 4. Descriptive analytics 2.

Analytics 106

Analytics Metrics Channel Campaign 106

Startup Professionals Musings

MAY 31, 2014

Here are some guidelines that will help you with the right answers, not only in closing your next investment, but in planning when and how much money to ask for: Investors are most interested in helping you scale the business. Building a huge inventory before you have a confirmed customer is not a convincing strategy.

Elevator Pitch 285

Elevator Pitch Salary Angel Investor Viral 285

Startup Professionals Musings

AUGUST 5, 2018

Here are some guidelines that will help you with the right answers, not only in closing your next investment, but in planning when and how much money to ask for: Investors are most interested in helping you scale the business. Building a huge inventory before you have a confirmed customer is not a convincing strategy.

Elevator Pitch 139

Elevator Pitch Salary Angel Investor Viral 139

Up and Running

FEBRUARY 12, 2019

If you employ these nine tips for taking a good pitch and making it great, you’re going to give the kind of pitch that stands out to investors, too. Tell a real customer story. When possible, open your pitch by telling a real customer story that addresses the problem your product or service solves in the marketplace.

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Startup Professionals Musings

AUGUST 8, 2016

By profit, I simply mean offering a product or service to customers for a price that exceeds the total costs associated with the solution, thus providing some basis for recovering sunk costs and generating a return for stakeholders. Solve a painful problem for customers who have money to spend.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Startup Professionals Musings

AUGUST 27, 2012

Give the “elevator pitch” for your startup. Here is how and why it works, including a customer-centric quantification of the benefits. Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape. Business model. Solution product & technology.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

Startup Professionals Musings

APRIL 9, 2012

Before you start, remember that the goal of the executive summary is to provide a printed version of your best elevator pitch, to provide a positive first impression to the reader. Business model. Who is your customer, what is the price, and how much does it cost you to build one?

Business Plan 244

Business Plan Elevator Pitch Viral Lead Generation 244

Startup Professionals Musings

DECEMBER 24, 2012

Remember to aim the content of both of these at investors, not customers. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Prepare an investment-grade business plan. Close at least one initial customer. Free trials don’t count.

Angel Investor 260

Angel Investor Intellectual Property Elevator Pitch Angel Groups 260

Startup Professionals Musings

JULY 30, 2016

Here are some guidelines that will help you with the right answers, not only in closing your next investment, but in planning when and how much money to ask for: Investors are most interested in helping you scale the business. Building a huge inventory before you have a confirmed customer is not a convincing strategy.

Elevator Pitch 120

Elevator Pitch Salary Angel Investor Viral 120

Startup Professionals Musings

JUNE 10, 2011

Give the “elevator pitch” for your startup. Here is how and why it works, including a customer-centric quantification of the benefits. Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape. Business model. Solution product & technology.

Elevator Pitch 234

Elevator Pitch Exit Strategy Burn Rate Merger 234

Up and Running

JUNE 21, 2012

This will force you to trim needless words and communicate your business idea clearly and with minimal clutter. Whether you want to call it a “one page business plan,” an executive summary, or an elevator pitch, it should contain the following: Customer Problem. Business Model (how you make money).

Business Plan 167

Business Plan Elevator Pitch Business Model Customer 167

Startup Professionals Musings

AUGUST 14, 2015

Funding is only one of the critical resources you need to start a business. Maybe more important, you need domain knowledge, relationships and lots of potential customers. Even non-profits require money to operate, so every startup needs a business model with plans to bring in income. Calculate and manage your financials.

Elevator Pitch 120

Elevator Pitch Burn Rate Startup Metrics 120

Startup Professionals Musings

FEBRUARY 3, 2011

Before you start, remember that the goal of the executive summary is to provide a printed version of your best elevator pitch, to provide a positive first impression to the reader. Business model. Who is your customer, what is the price, and how much does it cost you to build one?

Elevator Pitch 226

Elevator Pitch Viral Lead Generation Metrics 226

YoungUpstarts

MARCH 30, 2017

What is your business model? Social enterprises have unique challenges when building a business model. Social enterprises need a business model that demonstrates value while remaining true to a social mission. This is not an “elevator pitch,” but more of a “passion pitch.”

Global 100

Global Argentina Elevator Pitch Business Model 100

Startup Professionals Musings

MAY 19, 2010

Give the “elevator pitch” for your startup. Here is how and why it works, including a customer-centric quantification of the benefits. Define the characteristics of the overall industry, market forces, market dynamics, and customer landscape. Business model. Solution product & technology.

Elevator Pitch 235

Elevator Pitch Exit Strategy Burn Rate Merger 235

Startup Professionals Musings

APRIL 24, 2011

Here are some key action items that will give you some priority: Create an investment-grade business plan. This means build a plan that hits all the hot buttons; problem/solution, executive team, competition, business model, reasonable financial projections, and what’s in it for the investor. Line up a winning team.

Venture Capital 233

Venture Capital Revenue Elevator Pitch Silicon Valley 233

Austin Startup

APRIL 15, 2017

You should focus on clearly explaining the problem you solve and how you do it as well as what your basic business model is. What kind of customer traction do you have? Come by booth #54 after the pitch” or “Back us on Kickstarter” or “Follow us on Twitter” or “We’re looking for a lead developer.” How can they help you?

Elevator Pitch 48

Elevator Pitch Video Audience Software Review 48

Austin Startup

AUGUST 3, 2017

I want to understand who the customer is, what problem you solve, and how you do it. Is this a big enough market to support a venture funded business? It might be a great idea with a solid business model but it still might not be a good fit for venture funding. Is it something I can use to make my own life better?

Startup 69

Startup Technical Review Texas Email 69

Up and Running

JULY 24, 2014

A business pitch or elevator pitch is not only a crucial tool for getting investment, it’s also one of the best tools you can use to flesh out your business concept, iterate it through different variations, and find a business model that works and will turn into a profitable company.

Elevator Pitch 131

Elevator Pitch Business Plan Business Model Partner 131