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

Startup Professionals Musings

Be sure to include this in your “elevator pitch,” which you must always deliver as a prelude to your technology features. Description of the business entity you plan to form. The most common business entity used for startups is a Limited Liability Corporation (LLC), which is the cheapest and simplest to manage.

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Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

Funding might be a need in some cases — but it’s not an absolute necessity. ? The business should be self-sustainable. The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Incubators and Accelerators.

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How to Take Your Startup Elevator Pitch to the Top

Startup Professionals Musings

An "elevator pitch" is a concise, well-practiced description of your startup and your plan, delivered with conviction and enthusiasm, that your mother should be able to understand in the time it would take to ride up an elevator. A good elevator pitch is not just for an elevator discussion.

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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. Your friends and family are really the only answer until you have a significant revenue stream. Follow with a killer executive summary, investor presentation, and financial model.

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7 Keys To A Compelling Investor Executive Summary

Startup Professionals Musings

The summary must cover all the key topics in a full business plan, including the following, in this order: Lead with a painful customer problem and how you solve it. This is your elevator pitch and customer value proposition, and is your key to getting an investor to read even the remainder of the summary.

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6 Tips On Positioning Your Needs For Investor Funding

Startup Professionals Musings

Professional investors always look for a proven business model and an existing revenue stream to minimize the risk. Then they look at the people behind the model, the execution status and how they might get their money back. These must remain focused on scaling the business.

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

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