Startup Professionals Musings

JUNE 9, 2012

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. " Marty Zwilling.

Forecast 238

Forecast Burn Rate .Net Business Model 238

Startup Professionals Musings

MARCH 22, 2011

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. " Marty Zwilling.

Forecast 230

Forecast Burn Rate Startup .Net 230

Up and Running

SEPTEMBER 22, 2022

This creates a unique opportunity for entrepreneurs looking to start an Airbnb. Before you jump into starting your own vacation rental business, you’ll need a business plan. This article will cover the steps to create your Airbnb business plan, along with some tips to run it successfully. Need more guidance?

Business Plan 110

Business Plan Software Review Technical Review Forecast 110

Up and Running

OCTOBER 22, 2014

So, you’ve been asked to write a business plan. It’s likely that your mind is filling with images of long documents, bad memories of writing term papers, and worries about doing market research and creating financial forecasts. But first, let’s talk about why you’re writing a business plan. Take a deep breath.

Business Plan 130

Business Plan Elevator Pitch Forecast Partner 130

A Smart Bear: Startups and Marketing for Geeks

JULY 12, 2010

Listening to first-time entrepreneurs talk about their competitive advantages is as predictably invalid as the local weatherman's 10-day forecast. It should be part of your business plan that other people will copy you. This is part 1 of the series: 5 Lessons from 150 startup pitches. Almost anything can be copied.

Intellectual Property 319

Intellectual Property Bootstrapping Software Review Open Source 319

Up and Running

DECEMBER 6, 2012

It starts with “Plan-As-You-Go” instead of detailed, formal business plans. Lean Planning started with Tim Berry ‘s 2008 “ Plan-As-You-Go Business Plan ” which was a new way for entrepreneurs to think about planning. Do startups have a manual?

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Gust

JUNE 19, 2012

Thoughts on startups by investors that fund them & entrepreneurs that run them. One of my earliest excursions into market research was working for a research firm doing a 1979 forecast on ATMs. And no life is more of a constant negotiation than that of an entrepreneur. Entrepreneurs: Don’t Quit Your Real Job Too Early.

Startup 180

Startup Forecast Angel Investor Software 180

SoCal CTO

OCTOBER 6, 2011

Vision Synching in a Lean Startup The Fallacy of Customer Development Entrepreneurs, Lower Investors’ Risk by Validating your Start-up Company’s Business Proposition Lessons Learned: What is customer development? billion dollar mistake.

Customer 227

Customer Fractional CTO Viral Lean 227

Up and Running

MARCH 8, 2022

Writing a business plan doesn’t have to be a daunting process that takes weeks or months. As an entrepreneur, you don’t have that kind of time. Writing a plan just takes a little bit of preparation and a methodology that will guide you through the process, step-by-step. Can you really write a business plan in a day?

Business Plan 105

Business Plan Forecast Software Review Widget 105

Up and Running

MAY 18, 2011

Tweet (Ed note: this is an excerpt from The Plan As You Go Business Plan , posted here with permission of Entrepreneur Press, the publisher. It’s here today because we are focusing on the restaurant business this week in honor of the National Restaurant Association trade show in Chicago). Plan as you go.

Forecast 85

Forecast Sales Oregon Software Review 85

YoungUpstarts

AUGUST 17, 2020

Michael Majeed is quick to note the vast numbers of new startups that launch each year on the Canadian landscape, and he’s keenly interested in helping young business owners make the most of their opportunities, especially when it comes to their finances. While every type of business has its own financial requirements, (i.e.

Finance 217

Finance Forecast Balance Sheet Angel Investor 217

Up and Running

APRIL 12, 2018

Creating financial forecasts and budgets are not typically how many entrepreneurs envision spending their time, but these tools are incredibly necessary. An accurate and thoughtful forecast can be time-consuming, but it will help you to make informed decisions regarding staffing and growth, and it will help you attract investors.

Forecast 77

Forecast Early Stage Software Review Technical Review 77

Up and Running

MAY 24, 2011

(Tim’s note: this is an excerpt from The Plan As You Go Business Plan , posted here with permission of Entrepreneur Press, the publisher. It’s here today because we are focusing on the restaurant business this week in honor of the National Restaurant Association trade show in Chicago). Plan as you go.

Forecast 78

Forecast Sales Software Review Oregon 78

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. Executive summary.

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Business Plan Technical Review Forecast Software Review 154

Up and Running

JULY 6, 2016

Often, a business plan introduces a new technology that requires some explaining. On one hand, as a reader of business plans for investors, I see way too many business plans that ask a reader to wade neck-deep through technology to get to the business. It’s a business plan, not a term paper or thesis.

Technical Review 72

Technical Review Software Review Business Plan Development Team Review 72

Up and Running

NOVEMBER 6, 2020

Writing a business plan is an important step for any entrepreneur. But, if you’re starting a SaaS busines s, the business plan plays an outsized role because the money required to fuel growth can be much more than you would guess. marketing) and the financial plan. . Customer acquisition plan.

Business Plan 87

Business Plan Forecast Churn Rate Acquisition 87

Up and Running

JULY 31, 2015

This week Peter and Jonathan talk to Tim Berry, founder of Palo Alto Software, about lean business planning, strategy, tactics, specifics (milestones), and the forecast. Free Download: The One Page Business Pitch Template. Strategy, Tactics, Specifics, and the Forecast – (11:45). Listen to episode 8 here.

Lean 60

Lean Business Plan Forecast Software Review 60

Up and Running

MAY 21, 2020

Entrepreneurs live with it. For example, in a retail store, the list might include writing an initial business plan, choosing a location, fix-up and fixtures, signage, initial stock, staffing, and marketing your launch. Do a lean business plan. Develop a lean business plan. Still there?

Lean 186

Lean Business Plan Software Review Angel Investor 186

The Startup Magazine

FEBRUARY 19, 2019

Startups with a solid business plan and great pitch deck have a far greater chance of gaining investment. In this essay by one of Mercia’s Fund Principals, Ian Wilson, Ian talks about the sorts of things he and the team are looking for when plans come to them for review. Writing a plan does not need to be a daunting task.

Business Plan 101

Business Plan Technical Review Initial Public Offering Due Diligence 101

Up and Running

MAY 29, 2015

First, allow me to deal with a very common problem: Business owners are often afraid to forecast sales. I was a vice president of a market research firm for several years, doing expensive forecasts, and I saw many times that there’s nothing better than the educated guess of somebody who knows the business well.

Forecast 60

Forecast Sales Technical Review Business Plan 60

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

MARCH 25, 2010

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable.

Forecast 151

Forecast Startup Burn Rate .Net 151

Up and Running

MARCH 26, 2015

Unsure what kind of business plan you need? We get this question a lot, mainly because there are so many different things labelled as business plans: strategic plans, annual plans, operational plans, feasibility plans, and, of course, what most people think of, business plans for startups seeking investment.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Steve Blank

SEPTEMBER 5, 2018

With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

Lean 335

Lean Burn Rate Startup IPO 335

YoungUpstarts

JULY 5, 2020

In addition to Canada’s stable economy, other perks include its proximity to the United States and its similar business ethics and culture with the U.S, which makes running your business in Canada smooth with less cultural challenges to deal with. Entrepreneur Visa. Business Visitor Visa. Business Planning.

Canada 264

Canada North America Intellectual Property Asia 264

Up and Running

AUGUST 21, 2018

This article is part of our Business Planning Guide —a curated list of our articles that will help you with the planning process! Today, I want to introduce a new approach to business planning: Lean Planning. Lean Planning is simpler and faster than writing a traditional business plan.

Lean 134

Lean Forecast Software Review Business Plan 134

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

MAY 3, 2012

After all, entrepreneurs can do many good things, not least to create wealth and employment, pay taxes and help the balance of trade through exports. Sean Seton-Rogers of PROfounders Capital recently claimed that of the more than 3,500 business plans they had received, his London, U.K. Surely we can do better?

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

YoungUpstarts

MARCH 22, 2019

So you have a great business idea, you’ve done your research and due diligence, you know your market and you are good at what you do. Many small business owners and entrepreneurs begin their first foray into self employment neglecting some of the most crucial aspects of running a business. What could go wrong?

Software Review 176

Software Review Due Diligence Startup Stock 176

Startup Professionals Musings

DECEMBER 17, 2013

Entrepreneurs have no trouble focusing on how to build a product, and the good ones know how to find and nurture those first critical customers. Many, however, don’t know how to take their small business to the next level. In any growing business, these can creep up and out of control if not tracked carefully.

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Metrics Technical Review Retention Acquisition 252

Up and Running

SEPTEMBER 29, 2022

Are you starting a business? Not to mention the mental and emotional impact of being an entrepreneur. As you begin your startup journey—consider the following tips to set your business up for success. Download our free Startup Checklist and review the complete guide for starting a small business. Prepare a business plan.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

Up and Running

MAY 12, 2020

Remote work and home-based businesses have slowly become a regular aspect of the modern-day workforce. While many traditional jobs still can’t function remotely, or have difficulty adjusting, many entrepreneurs have found success in starting a business from home. Develop a Business Plan.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

The Startup Magazine

JULY 11, 2024

For businessmen and entrepreneurs, leveraging your skills and experience in the for-profit world can significantly benefit your nonprofit startup venture. Develop a Business Plan A well-structured business plan is crucial for the success of your nonprofit startup.

Social Media 148

Social Media Public Relations Programming Business Plan 148

Up and Running

MARCH 6, 2019

As I write this in early 2019, I’m thinking back on more than 20 years of hearing business pitches as a judge of business plan competitions and as an angel investor. Next month I’ll have another round of it, judging both the University of Oregon New Venture Competition and the Rice Business Plan Competition.

Net Present Value 87

Net Present Value Forecast IRR Oregon 87

Steve Blank

MAY 23, 2016

It said, “teach us to number our days that we gain a heart of wisdom “ Since then I’ve had a series of interesting careers: technician in the Air Force, tech writer, marketer, entrepreneur, CEO and now educator and mentor. Established businesses execute business models while startups search for them.

Lean 224

Lean Technical Review Vietnam Engineer 224

Up and Running

OCTOBER 12, 2017

Whether you’re simply trying to scale your business or seeking equity investment, having a plan is key. . Recently, Barbara Corcoran , entrepreneur and Shark Tank judge, shared some of her insights on small business. Do you have a plan? Do you regularly review your plan? Let’s start with your “prospects.”.

Metrics 128

Metrics Software Review Forecast Small Business 128

Steve Blank

APRIL 8, 2010

He said, “After we graduated we took our great idea, holed up in my apartment and spent months researching and writing a business plan. We even entered it in the business plan competition. Why a business plan is different than a business model. A plan is static, a model is dynamic.

Business Model 332

Business Model Business Plan Customer Cap Table 332