Startup Professionals Musings

OCTOBER 18, 2023

Once an entrepreneur, always an entrepreneur. Although many won’t admit it, true entrepreneurs can’t wait to exit their current startup, and build a new and better one with their next great idea. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Exit Strategy 248

Exit Strategy Valuation Acquisition Metrics 248

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. Instead of funding, you pay the investors a structured royalty, which is a portion of the sales. Often entrepreneurs pitch from the viewpoint of market shares. Pre-Requisites of Funding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JANUARY 9, 2021

Once an entrepreneur, always an entrepreneur. Although many won’t admit it, true entrepreneurs can’t wait to exit their current startup, and build a new and better one with their next great idea. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Exit Strategy 434

Exit Strategy Valuation Acquisition Metrics 434

Startup Professionals Musings

JUNE 7, 2020

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Marketing, sales, support, and service operations. Solution development and delivery.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

Up and Running

MARCH 14, 2018

I’ve seen too many entrepreneurs think, “Oh, I know my business inside and out—pitching will be a breeze!” I’ve seen many entrepreneurs crash and burn when delivering their investor pitch—and ramble on and on. Customer acquisition: Marketing and sales strategy. Your exit strategy. Don’t wing it.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Up and Running

MAY 12, 2020

While many traditional jobs still can’t function remotely, or have difficulty adjusting, many entrepreneurs have found success in starting a business from home. Think about an exit strategy. But establishing an exit strategy is another important piece that forces you to look toward the future of your business.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Startup Professionals Musings

APRIL 27, 2016

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Yet one of the first things a potential equity investor asks about is your exit strategy. Here are three important reasons for the question: Good investment paybacks normally require an exit event.

Equity 120

Equity Exit Strategy Private Equity Startup 120

Startup Professionals Musings

MARCH 3, 2021

Based on my own years of experience in startups and big business, and more recently as an angel investor, I often cringe when I see one of you entrepreneurs missing a cue that I have seen work for many before you. A passionate entrepreneur I met a while back had found that a certain algae could be grown cheaply, and could end world hunger.

Exit Strategy 406

Exit Strategy Merger Angel Investor IPO 406

Startup Professionals Musings

JUNE 2, 2013

How do you as an entrepreneur with a new idea get to be one of those choices? That means there are far more entrepreneurs looking for money than there are investors, and entrepreneur entitlement is not a realistic expectation. Exit strategy. No exit strategy means no return to investors.

Angel Investor 269

Angel Investor Cram Down Intellectual Property Venture Capital 269

Hearpreneur

MAY 15, 2020

We asked some entrepreneurs and business owners, why they started their businesses: #1- Make learning to swim more convenient. I started our business and took the leap to become an entrepreneur because I am so passionate about seeing people get ahead in their careers. Each story is different though the reasons may be the same.

Entrepreneur 127

Entrepreneur LLC Los Angeles San Francisco 127

Startup Professionals Musings

MARCH 10, 2023

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Marketing, sales, support, and service operations. Solution development and delivery.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Startup Professionals Musings

OCTOBER 14, 2023

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Silicon Valley 257

Silicon Valley Exit Strategy Startup Business Plan 257

Startup Professionals Musings

JUNE 6, 2013

To complement local face-to-face networking, you can always use one of the many online matchmaking sites that have sprung up in the last few years, like CoFoundersLab and Founder2be (think eHarmony™ for entrepreneurs, or Match.com meets LinkedIn). He must nail down a sales process that fits the domain and economy. Everybody wins.

Technical Cofounder 219

Technical Cofounder Cofounder Startup Exit Strategy 219

Startup Professionals Musings

MARCH 12, 2021

You should plan an exit strategy, and optimize your activities and timing to get top dollar. What you don’t need is a buyer dealing directly with your landlord to get your key asset, leaving you with no leverage and minimum value for the sale. Neither perspective is good for credibility or a fair result from your sale.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

Up and Running

SEPTEMBER 19, 2018

Once you identify your ideal customer, you can tailor your marketing and sales plan to that person. Components of this section include: Your marketing and sales plan. Your funding ask and exit strategy, if applicable. Marketing and sales plan. Exit strategy : Needed if you’re seeking investment.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Hearpreneur

OCTOBER 5, 2018

Benjamin Yee is the entrepreneur behind an innovative software, EMERGE App, that makes it easy to manage the process. Business software isn’t glamorous but it’s nonetheless important to help sales, operations, purchasing and fulfilment teams to process sales orders and ship them out on time. Listen to them.

Software 58

Software Management Entrepreneur Vietnam 58

Startup Professionals Musings

SEPTEMBER 28, 2015

Too many entrepreneurs look for that one magic bullet -- an exciting new technology, perhaps, or their own determination to make the world a better place -- to override any shortcomings in their startup model. Investors look for specifics on sales channels, marketing collateral, social media initiatives and customer incentives.

Exit Strategy 120

Exit Strategy Technical Review Distribution Viral 120

Startup Professionals Musings

JANUARY 31, 2021

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Silicon Valley 342

Silicon Valley Exit Strategy Business Plan Restful 342

Up and Running

JANUARY 2, 2013

I’ve seen too many entrepreneurs think, “oh, I know my business inside and out – pitching will be a breeze!” I’ve also seen many entrepreneurs crash and burn when delivering their investor pitch – and ramble on and on. ” Good luck! Take some time to share the relevant traction you’ve had.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

YoungUpstarts

JANUARY 10, 2018

by Ryan Gould, Vice President of Strategy and Marketing Services at Elevation Marketing. As an entrepreneur, when you started your business, you most likely had dreams of rocket-speed growth and a multi-million dollar exit to a huge conglomerate, like Google or Facebook or Amazon. Profile Your Customer Base. Wrapping Up.

Valuation 145

Valuation Technical Review Exit Strategy Metrics 145

Startup Professionals Musings

OCTOBER 14, 2016

What every entrepreneur is asking me these days, is “How do I get to be a unicorn?” Yet there are a common set of driving factors that every entrepreneur should know, including the following: Extraordinary marketplace traction. Credible yet flexible exit strategy. These are popularly called “unicorns.”

Intellectual Property 120

Intellectual Property Valuation Merger Exit Strategy 120

mashable.com

MARCH 20, 2014

Thats why I asked 10 entrepreneurs from the Young Entrepreneur Council (YEC) what questions they would pose for an interviewer at a startup. Whats your exit strategy? Before accepting an offer with a startup, ask what their exit strategy is, and make sure youre on board. What is the sales strategy?

Technical Review 103

Technical Review Software Review Exit Strategy San Francisco 103

Up and Running

JULY 15, 2016

While one approach is to attempt to build smart ties with China for your existing business while remaining abroad, an increasing number of foreign entrepreneurs decide to actually live in the U.S. This is clearly the best way for foreign entrepreneurs to retain control of the company and transfer money abroad. The TAS method.

China 60

China Entrepreneur Technical Review Framework 60

Up and Running

AUGUST 28, 2018

Components of this section include: Your marketing and sales plan. Your funding ask and exit strategy, if applicable. Marketing and sales plan. Sometimes you can increase sales by upselling and cross-selling , or offering complementary services. Strategic partnerships or alliances. Your operations plan.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

SEPTEMBER 10, 2014

I’m a mom, a full-time sales manager, and recruiter. Entrepreneurs need to find a way to get traction (sales) without funding. If entrepreneurs are only pitching to angel groups, they’re only pitching to 6% of the active angels, and 0.4% Wait, you didn’t want to be a sales person? I’m not your average angel.

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

Hearpreneur

JULY 20, 2018

I was at a crossroads in my career and debating about starting my own sales and marketing consulting business. In my refreshed state, I reviewed what others said I had accomplished which was; empowering businesses with the ability to manifest sales results. Thanks to Jonas Sickler, Reputation Management ! #4- 4- Created a new word.

Naming 90

Naming OTC Entrepreneur PPC 90

Startup Professionals Musings

MAY 2, 2012

He must nail down a sales process that fits the domain and economy. Make certain you as the founder and the CEO are on the same page on mission, company values, exit strategy, and workplace model. The CEO is the check and balance on the constant parallel pushes for more development, more marketing, and more growth.

Founder 248

Founder Startup Exit Strategy Leadership 248

NZ Entrepreneur

NOVEMBER 14, 2019

For example, startups often do not register their trade marks because they have an exit strategy in mind—an exit strategy that will see their business absorbed into a large organisation with its own trade mark protected house brands already in place. appeared first on NZ Entrepreneur Magazine.

Intellectual Property 45

Intellectual Property IP Software Review New Zealand 45

Austin Startup

OCTOBER 23, 2019

In his book, Secrets of Sand Hill Road, he explains exactly how VC’s decide where and how much to invest, and how entrepreneurs can get the best possible deal while making the most of their relationships with VC’s. Scott advises that when you pick investors, you have to have compatible alignments and incentives.

Fractional VPE 49

Fractional VPE Austin Artificial Inteligence Fractional CTO 49

YoungUpstarts

NOVEMBER 22, 2013

For rising and aspiring entrepreneurs alike, the BBC’s Dragon’s Den television series offers a multitude of learning experiences. Given this, here are four lessons any wannabe entrepreneur can learn from this show. by DJ Miller. Establish Company Paradigms Before Seeking Capital. Cash is an Unfeeling Master.

Entrepreneur 171

Entrepreneur Exit Strategy Tampa Venture Capital 171

Startup Professionals Musings

SEPTEMBER 5, 2016

In my experience as an advisor to aspiring entrepreneurs, I often encounter the myth that an initial startup requires investors. The media tends to highlight experienced entrepreneurs who succeed with early new venture funding, like Uber’s Garrett Camp , but fail to point out the more common bootstrapping successes.

Bootstrapping 120

Bootstrapping Entrepreneur Startup Exit Strategy 120

Startup Professionals Musings

MARCH 13, 2020

For example, every investor I know can tell you about meeting a passionate entrepreneur who is pitching a great technology innovation, but has not done the financial homework on making it a good business. Thus the investor can’t visualize any return on investment (ROI), so the entrepreneur gets no money, and a good opportunity is lost to all.

Liquidity Event 308

Liquidity Event Forecast Exit Strategy Bootstrapping 308

Growthink Blog

APRIL 13, 2011

As an entrepreneur, I want you to understand just why Shutterfly paid $333 MILLION to buy Tiny Prints. The process of preparing your company for sale is called "exit strategy planning." We recently formalized our exit strategy planning consulting service. So, I went to the Tiny Prints website. read more.

Exit Strategy 69

Exit Strategy Intellectual Property Acquisition Stock 69

Startup Professionals Musings

AUGUST 8, 2016

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Thus I was pleased and a bit surprised to see a new book, “ The Purpose Is Profit ,” by Ed “Skip” McLaughlin, an entrepreneur who has both succeeded and failed in starting multiple businesses.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Up and Running

MAY 1, 2014

The vast majority of business owners and entrepreneurs aren’t business experts. Marketing and Sales Plan. What marketing and sales tactics will you be using? Highlight the key aspects of your financial plan, ideally with a chart that shows your planned sales, expenses, and profitability. > Don’t be intimidated.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Startup Professionals Musings

FEBRUARY 4, 2011

He must nail down a sales process that fits the domain and economy. Make certain you as the founder and the CEO are on the same page on mission, company values, exit strategy, and workplace model. The CEO is the check and balance on the constant parallel pushes for more development, more marketing, and more growth.

Search 224

Search Startup Exit Strategy Leadership 224

Up and Running

AUGUST 20, 2018

Every business has long-term and short-term goals, sales targets, and expense budgets—a business plan encompasses all of those things and is as useful to a startup trying to raise funds as it is to a 10-year-old business that’s looking to grow. The projections include sales, costs, expenses, and cash flow. Market trends.

Business Plan 119

Business Plan Technical Review Lean Forecast 119