Tim Keane

OCTOBER 2, 2007

Is Business Model Analysis Important To You? Investors love entrepreneurs who understand their business model, and can describe it accurately. In my mind, a "business model" reveals the structure of the profit engine that underlies the venture. How much will the product sell for? (Is

Business Model 60

Business Model Wisconsin Angel Investor Bootstrapping 60

Tim Keane

MAY 27, 2010

  They’ve relied on their ability to generate sales from improved and innovative products and services and have bootstrapped their businesses to success.   They’ve relied on their ability to generate sales from improved and innovative products and services and have bootstrapped their businesses to success.

Bootstrapping 60

Bootstrapping Startup America Employee 60

Tim Keane

FEBRUARY 3, 2010

  A bottom up market model goes something like this.   Our product/service will save (audience) a lot of money.    In fact, we estimate $X per year based on current spending for this product/service.    A bottom up market model goes something like this.

Marketing 116

Marketing Wisconsin Startup Angel Investor 116

Tim Keane

SEPTEMBER 27, 2011

 The one that's obvious - what the product is, etc. -- is the least important.  The one that's obvious - what the product is, etc. -- is the least important. John Mullins: Getting to Plan B: Breaking Through to a Better Business Model.  The bigger process is the tenor of the interchange.

Pennsylvania 68

Pennsylvania Wisconsin Angel Investor Bootstrapping 68

Tim Keane

JUNE 21, 2011

How to prepare a sales forecast for a business plan. First develop a business model. So for the test phase we will hand assemble first production products at $1,500 each, effectively eliminating contribution margin. your ability to scale your sales efforts, future costs in acquisition, product, etc.,

Forecast 68

Forecast Business Plan Sales Wisconsin 68

Tim Keane

MAY 2, 2006

The company cannot get the pulse of the market into the product cycle and make the rapid, instinctive changes and improvements that come from customer contact if the customer contact is relegated to a “function” on the team. John Mullins: Getting to Plan B: Breaking Through to a Better Business Model. Resources for startups.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Early Stage 60

Tim Keane

JULY 20, 2007

Is Business Model Analysis Important To You? I was in Italy a couple of weeks ago at the request of the US State Department to discuss angel investing with IBAN, the Italian Business Angels Network. It is more important to prove that a market exists and that a product works than it is to build infrastructure. Google Ads.

Italy 60

Italy Angel Investor Wisconsin Harvest 60

Tim Keane

MARCH 24, 2008

Now, Im a believer in having partners to round out offerings and make sure that all of the customers critical needs are met in the product. But I am appalled at the number of times one or another partner tries/insists on managing not only the customer relationship but all of the product specifications for the other partners involved.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Startup 60

Tim Keane

JULY 6, 2007

" Im sure that most inventors pitch their idea with a powerpoint presentation and/or prototype, but at what point does an innovative idea or product become worthy of an investment? John Mullins: Getting to Plan B: Breaking Through to a Better Business Model. The idea must be focused on the market. Resources for startups.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Startup 60

Tim Keane

SEPTEMBER 18, 2006

After the idea/product/service is built, and the market mapped, the company begins to grow. Its amazing how fast this happens, especially in companies with short product development cycles in non-medical industries. Can they take our product to a new group of customers? Can they take our product to a new group of customers?

Harvest 60

Harvest LBO Investment Bankers Wisconsin 60

Tim Keane

JULY 16, 2008

Use your business model to build an early warning system. A business model reveals how the business plans to make money. It incorporates all of the assumptions you are making about your business. How much you will spend to make your product and whether this is a big investment or a vended activity; b.

Wisconsin 60

Wisconsin Startup Angel Investor Business Model 60

Tim Keane

MAY 8, 2006

"My question is how you get over the capital hurdle when you have a product that straddles the fence between the need for Angel Investors and VC money and your friends and family cannot get you over the hump?" John Mullins: Getting to Plan B: Breaking Through to a Better Business Model. Are You Learning Every Day?

Angel Investor 60

Angel Investor Wisconsin Bootstrapping Startup 60

Tim Keane

JUNE 8, 2009

There's a comment here from an earlier note that asks " at what point does an innovative idea or product become worthy of an investment?" There's a comment here from an earlier note that asks " at what point does an innovative idea or product become worthy of an investment?" » June 08, 2009.

Wisconsin 60

Wisconsin Bootstrapping Angel Investor Startup 60

Campus Entrepreneurship

MARCH 5, 2013

We are experiencing a confluence of forces of change,” Molly Broad, the council’s president, recently told the University of Wisconsin System’s Board of Regents. “All of this coming together is persuasive that business as usual is not in the future cards and we must innovate.

Business Model 34

Business Model Wisconsin Stock Distribution 34

Tim Keane

JUNE 22, 2006

The idea, therefore, is that TESTING for results is one of the fastest ways an entrepreneur can increase the valuation of her business. It seems that entrepreneurs often test by committing relatively large amounts to rollouts of products or services based on planning and on expectations based on experience – but not often on testing.

Valuation 60

Valuation Wisconsin Angel Investor Startup 60

Tim Keane

SEPTEMBER 13, 2006

We had a very large customer who once said at a conference when asked "whether our product was worth its price" that he never paid us "a net nickel. He designed his own cabinet layouts and helped developers with all kinds of products he didnt sell directly. (Smart customers ought to treat startups very well. Google Ads.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Distribution 60

Tim Keane

MARCH 4, 2011

  Some of those characteristics include, of course, product issues.  I looked at a medical product recently and asked the obvious questions about competition, distribution strategy, pricing, and so forth.   Some of those characteristics include, of course, product issues. We wound up investing. 

Wisconsin 60

Wisconsin Bootstrapping Angel Investor Startup 60

Tim Keane

MAY 18, 2006

A lot of “why this is a great product” in place of this kind of thinking makes me nervous. The most probable outcome is that the product will need tailoring or even alterations. If your product is a new surgical appliance try not to get into a knowledge debate with the surgeon in the audience. Explain how you will get there.

Wisconsin 60

Wisconsin Angel Investor Startup Bootstrapping 60

Tim Keane

APRIL 14, 2008

If that leads us to needing additional sales people, can we forecast the benchmark for productivity based on past results? If that leads us to needing additional sales people, can we forecast the benchmark for productivity based on past results? John Mullins: Getting to Plan B: Breaking Through to a Better Business Model.

Ireland 60

Ireland Wisconsin Forecast Sales Cycle 60

Tim Keane

OCTOBER 30, 2007

I think we thought that the good product guys could get away with it because the detail of good customer service was unimportant with strong IP. I think we thought that the good product guys could get away with it because the detail of good customer service was unimportant with strong IP. Of course, they were wrong. Google Ads.

Wisconsin 68

Wisconsin Architecture Startup Angel Investor 68

Tim Keane

OCTOBER 3, 2012

.  That is, when we think a company primarily has "execution risk," do we mean that they're facing scientific and technical hurdles to achieve results, or do we mean that they are facing the risk of selling to their market, or of delivering a product to customers who've bought? Think "Porter's Five Forces." 

Technology 74

Technology Marketing Intellectual Property Montana 74

Tim Keane

JUNE 13, 2006

Then, on the expense side, I’d like to begin to understand how the growth in the business will drive costs as complexity increases. Growth involves, in many businesses, more customer service, product development, support, marketing and so forth – in addition to more R&D. Resources for startups. Google Ads.

Wisconsin 60

Wisconsin Entrepreneur Startup Angel Investor 60

Tim Keane

APRIL 24, 2006

As an example, we had an advanced manufacturing business that achieved excellent early results. The product development cycle was excellent. However, the distribution channel we had planned to use lacked the sophistication ultimately required by the product design, and the manufacturers adoption cycle was insufficient.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Venture Capital 60

Tim Keane

APRIL 12, 2006

What are their expectations for intellectual property-protectable businesses? Are you able to explain why your product is a compelling purchase for the customer, and how the customer will make buying decisions? What development stage is your primary business focus? What is being replaced by this new product?) Google Ads.

Entrepreneur 60

Entrepreneur Sweat Equity Valuation Common Stock 60

online.wsj.com

SEPTEMBER 23, 2012

Consumer Products. Paper & Forest Products. Overall, nonventure-backed companies fail more often than venture-backed companies in the first four years of existence, typically because they dont have the capital to keep going if the business model doesnt work, Harvards Mr. Ghosh says. Chemicals & Allied Products.

Venture Capital 107

Venture Capital Software Review Rhode Island North Dakota 107

YoungUpstarts

APRIL 19, 2012

Made by Oles for Oles, JonnyPops , the frozen gourmet treats being sold on campus and in downtown Northfield, are a product of the time, energy, and ambition of four budding entrepreneurs. “The product is made here, we source as much of our fresh produce as possible here, and we’ve launched here. . ” Making a plan.

Minnesota 145

Minnesota Wisconsin Distribution Business Model 145

Tim Keane

OCTOBER 8, 2012

 It was called RTMS and among other things, it provided CRM services that in one product became mailing labels for retail promotions.  If they mailed the catalogs at each individual city location from southern Illinois no northern Wisconsin, they'd get there in time. Resources for startups. Google Ads.

Wisconsin 68

Wisconsin Entrepreneur Illinois Startup 68

VC Adventure

NOVEMBER 1, 2023

But because of the lack of knowledge about how the financing system for small businesses and startups works (or doesn’t) in America, many people may miss the significance of the decision by the three-judge 11th circuit panel. University of NC, et al. Could that be why the Alliance is attacking private enterprise?

North Carolina 68

North Carolina America Early Stage Venture Capital 68