Remove Business Model Remove Elevator Pitch Remove Product
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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

For the rest of us, we need a business plan, as well as a product plan. Some of you may be convinced that your product specification communicates the product message even better than a business plan, so why be redundant? Description of the business entity you plan to form. You need both to survive.

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8 Keys To That First Investment From People You Know

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. 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.

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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

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. Get Out of the Building and test the Business Model.

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Will Your Startup Get Venture Capital or IPO in 2013?

Startup Professionals Musings

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. Practice every step, including the elevator pitch to get the first meeting.

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Raising Money Using Customer Development

Steve Blank

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.

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8 Key Actions for Entrepreneurs Needing Early Money

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. 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.

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8 Guidelines For Friends And Family Startup Funding

Startup Professionals Musings

You see, investors invest in people, before they invest in ideas or products. 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.