Startup Professionals Musings

MAY 27, 2016

Who would have forecast that entrepreneur Gary Ross Dahl would make millions by starting a “ pet rock ” business way back in 1975? Plan includes a business model with good margins. Giving the wrong people money doesn’t help at the idea level. Investors like to see new intellectual property as a barrier to entry.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

Up and Running

MAY 15, 2018

Innovative products and business models are the foundations of a promising startup. Creating a scalable business model. Whether you are hoping to expand a small business with a loan or going for a round of venture capital, you will need a scalable business model. Determining how much money to ask for.

SBA 84

SBA Angel Investor Technical Review Startup 84

Steve Blank

MAY 7, 2009

At a university business plan competition, for the first time they can swim in the sea of expertise that we/I take for granted in the middle of Silicon Valley. Win, lose or draw, these students have a life changing experience where they can network and get smarter as they see what good startup thinking looks like.

Business Plan 160

Business Plan Silicon Valley RSS Venture Capital 160

Steve Blank

NOVEMBER 1, 2010

iridium satellite network. They made other assumptions about the type of sales channel, partnerships and revenue model they would need. And they rolled all of this up into a set of financial forecasts with a “size of market” forecast from brand name management consulting firms that said they’d have 42 million customers by 2002.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

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

The Next Web

AUGUST 19, 2013

There is logic behind your thinking of how to determine which CAC is right for your business model. You can be the sales guy or gal with all the tools you need at your fingertips ­ email, phone, social networks, etc. Inbound marketing is not easy, and it’s hard to forecast without trying it for a few months first.

Belarus 137

Belarus Viral Channel Startup 137

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 Angel Investor 166

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. Remember that a business plan is a living document.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

YoungUpstarts

JANUARY 31, 2017

Managing innovation can be seen as a type of forecasting. This global network has eliminated geographic barriers and dramatically reduced timeframes. Innovation requires businesses to rethink how their resources can be used. Adapting and even thriving on disruption should be at the core of every small business model.

Small Business 100

Small Business SMS Bandwidth Cloud 100

Gust

JANUARY 4, 2012

Most investors will assume that if the business plan is solid and a large market opportunity exists, there will be vigorous competition from other players. Financial, technical and operational plans and forecasts of all kinds (trade secret). Building and populating databases of user-supplied information and content (copyright).

Intellectual Property 143

Intellectual Property IP Startup United States 143

YoungUpstarts

JANUARY 7, 2014

The Niche Network. Not everyone has heard of such niche networks as Kaboodle , Library Thing , or Wiser. In 2014, the popularity of such niche networks will likely increase as marketers will attempt to reach out to those who share common interests. Everybody has heard of Facebook, Twitter, and Google+. Word-of-Mouth Marketing.

Social Media 187

Social Media Forecast Media Channel 187

Seeing Both Sides

AUGUST 16, 2012

TripAdvisor may be one of the most fascinating companies I know and so I was excited to dig into their business model as part of my series on scaling. TripAdvisor is more of a classic consumer Internet success story, but with even more powerful network effects and an amazing business model. Magical, really.

Part-Time VPE 54

Part-Time VPE Software Review Costa Rica Technical Review 54

Up and Running

MAY 15, 2019

Over the years, institutions he’s worked with have directly banked six breweries, a cidery, and a kombucha producer, and Patrick has also advised dozens of startup breweries, from reviewing business plans to helping prospective brewers network with key people. You want to be helpful and move the whole business along,” he says. “If

Oregon 24

Oregon Jordan Software Review Distribution 24

Startup Professionals Musings

OCTOBER 2, 2012

Implement a new business model. Software as a service (SaaS) has now pretty much replaced the old licensing model, but offering it was a strategic risk for SalesForce.com. Once you have established your credibility and value, a strategic partnership may lead to other business relationships or a funding source.

Forecast 257

Forecast Viral Social Network Business Model 257

Startup Professionals Musings

JULY 29, 2011

Implement a new business model. Software as a service (SaaS) has now pretty much replaced the old licensing model, but offering it was a strategic risk for SalesForce.com. Once you have established your credibility and value, a strategic partnership may lead to other business relationships or a funding source.

Founder 245

Founder Forecast Startup Viral 245

Startup Professionals Musings

JUNE 29, 2010

Implement a new business model. Software as a service (SaaS) has now pretty much replaced the old licensing model, but offering it was a strategic risk for SalesForce.com. It’s a bad risk to count only on word-of-mouth and viral social network buzz for marketing, as I see in many business plans today.

Entrepreneur 243

Entrepreneur Forecast Viral Business Model 243

Up and Running

NOVEMBER 20, 2018

For example, if you’re an aspiring entrepreneur who feels “mathematically challenged” (and many of us do), then you may feel intimidated by financial forecasting and fall into a pattern of prioritizing other tasks. If you have a business idea, write a quick business plan—a Lean Plan. It can also be helpful to find a mentor.

Sweat Equity 93

Sweat Equity Startup Lean Italy 93

Women Entrepreneurs Can

AUGUST 3, 2020

Leveraging technology within your business model can lay down the path for improved productivity, smoother operation, and increased profits. Predictive analytics forecasts future outcomes based on current and historical data. Business Process Automation Can Help Save Costs. About the Author.

Technical Review 52

Technical Review Operations Artificial Inteligence Technology 52

Gust

SEPTEMBER 23, 2012

Implement a new business model. Software as a service (SaaS) has now pretty much replaced the old licensing model, but offering it was a strategic risk for SalesForce.com. Once you have established your credibility and value, a strategic partnership may lead to other business relationships or a funding source.

Forecast 188

Forecast Viral Social Network Business Model 188

Duct Tape Marketing

FEBRUARY 28, 2022

More About Jonathan Brill: His book – Rogue Waves: Future-Proof Your Business to Survive and Profit from Radical Change. More About The Duct Tape Marketing Consultant Network: Check it out here. Well, Uber has actually made new things possible in cities, new business models possible, uh, new businesses possible.

Technical Review 73

Technical Review Networking United States Artificial Inteligence 73

Up and Running

OCTOBER 3, 2018

Whichever type of plan you choose, remember that a business plan is a living document. Set a specific time each month to review it , comparing forecasts to actuals and revising as necessary. Assumptions change based on experience, and your business plan should change along with these assumptions. Be specific.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

David Teten

JANUARY 19, 2021

In all these cases, capital is provided to fuel forecasted growth without creating a commitment to a particular vision for future funding rounds, exit goals, and associated blitzscaling. Typical business stage. An already proven business model and its already valuable assets. Typical business model.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Startup Professionals Musings

MAY 13, 2011

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

AUGUST 13, 2012

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Up and Running

MAY 16, 2016

Home health care providers almost exclusively work on their own, without that support network around. Step 1: Formulate your business plan. You’ll want to make sure you carefully plan out every detail of the logistics in getting the business off the ground and past the troublesome first couple of years.

North America 95

North America United States Technical Review America 95

YoungUpstarts

JUNE 19, 2018

While as entrepreneurs we need to do sales forecasts and marketing plans, we need to be agile in our approach and be ready to change on the fly. Encourage a shift in the mindset of your staff, colleagues and even your network. Be prepared to be unprepared. Effective sustainment of change requires a change in mindset.

Artificial Inteligence 230

Artificial Inteligence Canada Forecast Agile 230

Startup Professionals Musings

SEPTEMBER 3, 2013

Groupon’s purchase of Whrrl suggests that Groupon will soon be leveraging location based social networking or "check-ins" on their popular group coupon site. All you need is an innovative idea and viable business model to get your startup in line for the real mainstream. Track the competition. Marty Zwilling.

B2B 210

B2B Angel Investor Forecast Global 210

Up and Running

JANUARY 29, 2019

Before you can make projections for your future solopreneur business, it’s important to get a realistic picture of what you can achieve. Here’s where old-fashioned networking comes in. you can still reach out to those with similar business and revenue models. Do your research.

Lean 64

Lean Business Plan Revenue Forecast 64

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011. John Mullins: Getting to Plan B: Breaking Through to a Better Business Model. John Mullins: The New Business Road Test: What entrepreneurs and executives should do before writing a business plan (Financial Times Series). Google Ads.

Finance 83

Finance Bootstrapping Startup Equity 83

Up and Running

JANUARY 24, 2014

Outline your business model. Your business model tells an investor how your idea will (or does) convert into being economically viable. The best way to show you how to communicate your business model is to show you an example of a good one. Your business model should answer the questions: What do you sell?

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

Tim Keane

JUNE 21, 2011

How to prepare a sales forecast for a business plan. First develop a business model.   Think about having the same discussion in a different way - by preparing your sales forecast by making your assumptions explicit. How to prepare a sales forecast for a business plan. Resources for startups.

Forecast 68

Forecast Business Plan Sales Wisconsin 68

Tim Keane

JANUARY 12, 2010

3]   However, if they are built bottom up, they demonstrate and make explicit a range of business model assumptions the entrepreneur is using to think about his business and its revenue model.   In a bottom up approach, the forecast is built from actual user projections. Resources for startups.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Up and Running

FEBRUARY 12, 2019

Outline your business model. Your business model tells an investor how your idea will (or does) convert into being economically viable. The best way to show you how to communicate your business model is to show you an example of a good one. Your business model should answer the questions: What do you sell?

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Startup Professionals Musings

APRIL 22, 2010

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it requires at least 100M users and $50M investment. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Gust

AUGUST 5, 2012

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Tim Keane

FEBRUARY 3, 2010

OVP Venture Partners) My own take on this is that a business plan with a bottom up forecast demonstrates an understanding of the potential market that investors love.  John Mullins: Getting to Plan B: Breaking Through to a Better Business Model. Resources for startups. Angel Capital Association website. Google Ads.

Marketing 116

Marketing Wisconsin Startup Angel Investor 116

Up and Running

JULY 15, 2020

Pick the networks that you plan to be active on and determine a strategy that will engage your potential customers. Finally, your business plan will need to include a financial plan. Investors will want to see a sales forecast , income statement (also called profit and loss statement), cash flow statement , and a balance sheet.

eCommerce 110

eCommerce Business Plan Forecast Advertising 110