Startup Professionals Musings

APRIL 19, 2014

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. business entrepreneur family fools friends funding startup'

Technical Review 266

Technical Review Elevator Pitch Due Diligence Startup 266

Startup Professionals Musings

FEBRUARY 3, 2013

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

Technical Review 273

Technical Review Entrepreneur Elevator Pitch Due Diligence 273

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. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 307

Lean Business Model Customer Development Guinea 307

Startup Professionals Musings

APRIL 7, 2023

The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk. These must remain focused on scaling the business.

Elevator Pitch 228

Elevator Pitch Salary Angel Investor Viral 228

Startup Professionals Musings

DECEMBER 20, 2011

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

Early Stage 247

Early Stage Technical Review Elevator Pitch Due Diligence 247

Startup Professionals Musings

MARCH 2, 2020

In addition, creating a business requires leading and interacting with other people, including partners, investors, and customers. At least the first time around, it pays big dividends for an idea person to find a partner with the business skills you haven’t tested yet. Yes, there are a lot of bridges to cross.

Elevator Pitch 315

Elevator Pitch Cofounder Dividend Leadership 315

Startup Professionals Musings

JULY 12, 2020

The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk. These must remain focused on scaling the business.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

The Startup Magazine

AUGUST 18, 2017

The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are capitalising on the opportunities to disrupt or leapfrog established business models to make financial services more affordable, accessible and profitable across the continent.

Africa 62

Africa Ethiopia Elevator Pitch Technical Review 62

Startup Professionals Musings

NOVEMBER 28, 2010

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

Technical Review 233

Technical Review Elevator Pitch Due Diligence Angel Investor 233

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions.

Customer Development 270

Customer Development Developer Customer Silicon Valley 270

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

The Startup Magazine

JUNE 24, 2021

If working with a partner, have them create their own individual lean canvas and compare and contrast afterwards. It’s key to have confidence that your startup will eventually find a profitable business model. High-level concept – Create an “elevator pitch” summarizing the purpose and innovativeness of your product.

Lean 88

Lean Elevator Pitch Startup Business Plan 88

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

Also, make sure you practice your elevator pitch. It doesn’t mean that you should change your business model because one person suggested it, but listed to the feedback and if you see similar patterns over and over again, make changes. It should be crisp and clear from the start! Sell your team, not your advisors.

Elevator Pitch 103

Elevator Pitch Incubator Technical Review Startup 103

Startup Professionals Musings

MAY 31, 2014

The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk. These must remain focused on scaling the business.

Elevator Pitch 285

Elevator Pitch Salary Angel Investor Viral 285

Startup Professionals Musings

AUGUST 5, 2018

The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk. These must remain focused on scaling the business.

Elevator Pitch 139

Elevator Pitch Salary Angel Investor Viral 139

Up and Running

FEBRUARY 12, 2019

Believe me, it will help you deliver a more compelling and thoughtful pitch. Outline your business model. Your business model tells an investor how your idea will (or does) convert into being economically viable. Your business model should answer the questions: What do you sell? How much do they pay?

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Up and Running

MARCH 17, 2015

With detailed instructions for each section, you won’t need a business degree or special training to complete your pitch. Plus, you can use the pitch to get feedback from business partners, friends, and family. The post One Page Business Pitch Template Download [FREE] appeared first on Bplans Blog.

Elevator Pitch 60

Elevator Pitch Business Model Business Plan Partner 60

Startup Professionals Musings

AUGUST 27, 2012

The approach I recommend is to build the investor presentation first, by iterating on the bullets with your team, and then fleshing out the points into a full-blown text-based business plan document. Give the “elevator pitch” for your startup. Business model. Marketing, sales, and partners.

Elevator Pitch 247

Elevator Pitch Exit Strategy Burn Rate Merger 247

Startup Professionals Musings

JULY 30, 2016

The other alternative is to find a strategic partner who knows the space well and will benefit from your solution. Professional investors always look for a proven business model and an existing revenue stream to minimize the risk. These must remain focused on scaling the business.

Elevator Pitch 120

Elevator Pitch Salary Angel Investor Viral 120

Startup Professionals Musings

JUNE 10, 2011

The approach I recommend is to build the investor presentation first, by iterating on the bullets with your team, and then fleshing out the points into a full-blown text-based business plan document. Give the “elevator pitch” for your startup. Business model. Marketing, sales, and partners.

Elevator Pitch 234

Elevator Pitch Exit Strategy Burn Rate Merger 234

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

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

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

Startup Professionals Musings

MAY 19, 2010

An alternative approach, which I prefer, is to build the investor presentation first, by iterating on the bullets with your team, and then fleshing out the points into a full-blown text-based business plan document. Give the “elevator pitch” for your startup. Business model. Marketing, sales, and partners.

Elevator Pitch 235

Elevator Pitch Exit Strategy Burn Rate Merger 235

Gust

AUGUST 19, 2012

The approach I recommend is to build the investor presentation first, by iterating on the bullets with your team, and then fleshing out the points into a full-blown text-based business plan document. Give the “elevator pitch” for your startup. Business model. Marketing, sales, and partners.

Elevator Pitch 146

Elevator Pitch Exit Strategy Burn Rate Merger 146

Up and Running

JULY 26, 2013

Q: I only have 3 minutes to give the first pitch – what should I concentrate on? A: Just focus on the market need, your business model, your team, what you’ve accomplished to date that is relevant to the investment, and your funding needs. Q: When is the best moment for a pitch? Did we miss your question?

Elevator Pitch 79

Elevator Pitch Angel Investor Term Sheet Business Model 79

Startup Professionals Musings

APRIL 14, 2010

Mass mailing your business plan to every VC in the book won’t get you any credibility or traction. Investment firms specialize by business sectors, and each partner within the firm has a specialty. Get introduced via one of the social networks, or a professional organization, before you approach a VC with a business proposal.

Venture Capital 123

Venture Capital Elevator Pitch Silicon Valley Massachusetts 123

Austin Startup

SEPTEMBER 20, 2019

link] Can you introduce yourself and give us your elevator pitch? We have two other founders that run the head of data and tech, and I run the business side. We identified that midterm rentals are a thing, and we know that business model works so we took on funding to grow it. It’s helpful because I have a team.

Startup 48

Startup Cofounder Elevator Pitch Bootstrapping 48

rob.by

MARCH 8, 2012

He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. A business partnership is like a marriage and finding a long term partner is a very difficult thing. Finding someone to partner with isn’t easy.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

VC Cafe

MARCH 4, 2024

With NVIDIA’s Israel-1 AI supercomputer, a broad range of innovative companies in Israel will create AI that can transform the productivity and business models of enterprises around the world.” Israelis are the most resilient, optimistic, responsible, battle-tested and innovative civilian population in the world.

Israel 78

Israel Technical Review Cofounder Venture Capital 78

Small Business Force

JANUARY 9, 2012

This forces the entrepreneur to describe his/her business model in ways my average brain (and, in turn, the average brain of the prospective audience) will understand. After I asked my client for about the tenth iteration of the basic business model description, in frustration he said, "you just don't get it."

Elevator Pitch 35

Elevator Pitch Audience Business Model Small Business 35

Austin Startup

MAY 11, 2018

And yet, on one deal we were pretty much ready to sign one day when the founder kept calling and calling until my partner and I were just begging for him to stop. If you do, you may get valuable feedback to improve your business model or help you realize how your company is perceived. Seems like a simple thing, right?

Elevator Pitch 48

Elevator Pitch Valuation Conversion Founder 48

Austin Startup

SEPTEMBER 27, 2017

And yet, on one deal we were pretty much ready to sign one day when the founder kept calling and calling until my partner and I were just begging for him to stop. If you do, you may get valuable feedback to improve your business model or help you realize how your company is perceived. Seems like a simple thing, right?

Entrepreneur 50

Entrepreneur Elevator Pitch Valuation Conversion 50

Up and Running

OCTOBER 21, 2014

‘Starting a business’ really only comes down to figuring out your business idea ; doing your paperwork; and sorting out the money. Given the number of funding resources available today, you shouldn’t have too much of a problem getting that initial start-up cash, especially if you focus on a lean business model or MVP route to market.

Elevator Pitch 166

Elevator Pitch Software Review SBA Business Plan 166

Up and Running

APRIL 27, 2016

Creating a one-page pitch will only take you about 30 minutes and you’ll have a complete outline of your business plan ready to share with business partners and anyone else willing to give you feedback on your idea. As you refine your business model, you can quickly update your pitch without wasting a lot of time.

Business Plan 60

Business Plan Forecast Angel Investor Entrepreneur 60

Up and Running

DECEMBER 16, 2014

My objective to each and every one of you is that you will get information that you’ll be able to incorporate into your business model, as soon as this presentation is done. A positioning statement is also known as an elevator pitch. Without further ado, we can begin the webinar. How do you do this? This is how.

Public Relations 117

Public Relations Small Business PR Entrepreneur 117