Startup Professionals Musings

AUGUST 10, 2014

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Both have worked.Google reached $1 billion in revenue within five years of incorporation, and now has a market capitalization of over $400 billion. A business only achieved critical mass by becoming cash-flow positive.

Revenue 246

Revenue Entrepreneur Valuation Viral 246

Startup Professionals Musings

MAY 12, 2017

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Don’t attempt to scale it until you have a proven repeatable business model that predictably generates revenue.

Startup 161

Startup Angel Investor Technical Review Incubator 161

Startup Professionals Musings

DECEMBER 20, 2012

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Don’t attempt to scale it until you have a proven repeatable business model that predictably generates revenue.

Startup 296

Startup Angel Investor Technical Review Incubator 296

Startup Professionals Musings

SEPTEMBER 19, 2011

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Don’t attempt to scale it until you have a proven repeatable business model that predictably generates revenue.

Startup 286

Startup Angel Investor Technical Review Incubator 286

Startup Professionals Musings

DECEMBER 2, 2022

There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green,” or because their goal is to reduce world hunger. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model. Revenue model.

Business Model 256

Business Model Distribution Viral Green 256

Hearpreneur

JANUARY 4, 2019

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 20-Improve my company’s Net Promoter Score by 50 per cent.

Entrepreneur 122

Entrepreneur Social Media Vertical SEO 122

Startup Professionals Musings

OCTOBER 8, 2023

Most entrepreneurs have found by now one or more of the many popular crowdfunding sites , and have the name and contact information for at least one of the big venture capital firms. By definition, angels are accredited investors, who invest their own money for a percentage of the business. Your pitch and business plan are important.

Venture Capital 265

Venture Capital Accredited Investor Syndicate Syndication 265

Startup Professionals Musings

JUNE 26, 2016

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $400B. A business only achieved critical mass by becoming cash-flow positive. Both have worked.

Revenue 145

Revenue Valuation Startup Viral 145

Startup Professionals Musings

MAY 18, 2014

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you. Financial model.

Entrepreneur 270

Entrepreneur Elevator Pitch Due Diligence Angel Investor 270

Startup Professionals Musings

JANUARY 27, 2021

Most entrepreneurs have found by now one or more of the many popular crowdfunding sites , and have the name and contact information for at least one of the big venture capital firms. By definition, angels are accredited investors, who invest their own money for a percentage of the business. Your pitch and business plan are important.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

Startup Professionals Musings

JUNE 25, 2012

Just don’t quit your day job before your new company is producing revenue. If you don't know any “high net worth” individuals, use your advisors to find them. A related company may see the value of your product as complementary to theirs, and be willing to advance funding, which can be repaid when you develop your revenue stream.

Technical Review 257

Technical Review Bootstrapping Venture Capital Incubator 257

Up and Running

MAY 1, 2014

You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Startup Professionals Musings

JANUARY 20, 2018

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. There is no crowd of successful entrepreneurs. Net out the problem and your solution in the first 30 seconds. Written business plan.

Elevator Pitch 164

Elevator Pitch Due Diligence Angel Investor Business Plan 164

Startup Professionals Musings

MARCH 1, 2010

Just don’t quit your day job before your new company is producing revenue. If you don't know any “high net worth” individuals, use your advisors to find them. Your funding strategy is a key part of every business plan, so don’t forget to check out all the alternatives. Friends and family. Angel investors. Venture capital.

Technical Review 149

Technical Review Bootstrapping Startup Venture Capital 149

Gust

JUNE 17, 2012

Just don’t quit your day job before your new company is producing revenue. If you don’t know any “high net worth” individuals, use your advisors to find them. A related company may see the value of your product as complementary to theirs, and be willing to advance funding, which can be repaid when you develop your revenue stream.

Technical Review 164

Technical Review Bootstrapping Venture Capital Incubator 164

Growthink Blog

AUGUST 3, 2016

But realistically, the past will always be with us, and it especially will rear its confining head when we seek help to grow and change our business in a big way. It goes like this: A business plan is prepared, outlining the very bright future for our company that we seek to bring to life. Now let me be crystal clear.

Jordan 48

Jordan Chicago Washington Technical Review 48

Startup Professionals Musings

DECEMBER 31, 2014

According to earlier studies from Forbes Insights , many entrepreneurs and small businesses not only feel the lessons learned during the past few years have helped them survive, but the recession also exposed flaws in their business strategies that they were able to fix. 2015 business optimism entrepreneur strategy'

Small Business Administration 257

Small Business Administration SBA Forecast Government 257

Women Entrepreneurs Can

MAY 31, 2023

Financial projections are educated guesses about a business’s future income and expenses. They’re a vital part of any business plan and are especially important for startup businesses. Then subtract your expenses from your revenue to calculate your projected operating income or net income.

Balance Sheet 52

Balance Sheet Forecast United States Finance 52

YoungUpstarts

NOVEMBER 17, 2019

But as you evaluate your situation, you may find that you’re extra stream of income is ballooning into a full-time revenue-producing venture. One of the biggest problems entrepreneurs face when they have a side hustle and a full-time gig is turning away work. There’s always the chance that your new business could fail.

Salary 147

Salary .Net Revenue Finance 147

Startup Professionals Musings

AUGUST 14, 2015

Too many entrepreneurs tackle starting a business as a random walk into a business minefield, and they count on their street smarts, thick skin and pure determination to get them to their destinations alive. One preparation example is the value of building a business plan before you start.

Elevator Pitch 120

Elevator Pitch Burn Rate Startup Metrics 120

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011. But, what constitutes success for the parties involved – investors, entrepreneurs, employees, and customers – can vary dramatically. Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC.

Finance 83

Finance Bootstrapping Startup Equity 83

Startup Professionals Musings

JULY 15, 2015

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. There is no crowd of successful entrepreneurs. Net out the problem and your solution in the first 30 seconds. Written business plan.

Elevator Pitch 120

Elevator Pitch Due Diligence Startup Angel Investor 120

Startup Professionals Musings

MAY 14, 2012

There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green, or because their goal is to reduce world hunger. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service.

Business Model 242

Business Model Distribution Viral Green 242

Startup Professionals Musings

JANUARY 29, 2011

There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green, or because their goal is to reduce world hunger. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service.

Business Model 246

Business Model Distribution Viral Green 246

YoungUpstarts

JUNE 16, 2020

Business valuation is defined as a way to determine the overall economic value of a company , and is a necessary component of a sound business plan and strategy. An Earnings Based approach to valuation is predicated on the concept that a business is only as valuable as its potential to produce value in the future.

Valuation 162

Valuation CPA Software Review Revenue 162

Startup Professionals Musings

JULY 15, 2013

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. Cash flow is king.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Cracking the Code

JANUARY 22, 2009

While it may make sense to offer very slight adjustments for favorable payment terms and one time revenue, net additions to MRR should dominate the sales rep’s thoughts. 1 of MRR generates $12 of annual revenue, so $1 commission equals 1/12=8.3% This simple compensation plan structure worked very well at Netli.

Software Review 91

Software Review Clawback Sales Salary 91

Startup Professionals Musings

OCTOBER 12, 2010

In business, one important measure is the value of the company. That’s because a company’s value is a composite of all of the quantitative and qualitative factors that comprise a company: revenues, expenses, risks, growth prospects, quality of the management team, competitive advantages, strength of the intellectual property, and so forth.

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

ConversionXL

AUGUST 11, 2021

All companies that This Week in Startups’ audience of entrepreneurs, company founders, and marketers would be interested in. This is basically a business plan—and snapshot of the benefits of your property [assets]. Their podcast is all about discussing the startup news that matters. This will demonstrate brand awareness.

Audience 139

Audience Social Media Email Ruby 139

Growthink Blog

APRIL 9, 2012

"An entrepreneur is a person who has possession of a new enterprise, venture or idea, and assumes significant accountability for the inherent risks and the outcome. First, the “obvious” entrepreneurs: Individuals STARTING New Companies. study new business starts account for more than 2/3 of all net new job creation.

Peru 93

Peru Entrepreneur Illinois United States 93

Startup Professionals Musings

FEBRUARY 16, 2015

Most entrepreneurs have found by now one or more of the many popular crowdfunding sites , and have the name and contact information for at least one of the big venture capital firms. By definition, angels are accredited investors, who invest their own money for a percentage of the business. Your pitch and business plan are important.

Angel Investor 120

Angel Investor Accredited Investor Venture Capital Startup 120

Hearpreneur

JULY 14, 2017

Building a business can be tough and sometimes entrepreneurs need a strong mission and vision to get through the difficult times. The founders of College HUNKS Hauling Junk, Omar Soliman and Nick Friedman have built a socially conscious franchise that generates revenue but also improves lives.

Entrepreneur 49

Entrepreneur Tampa Canada Agile 49

YoungUpstarts

DECEMBER 5, 2018

A typical mistake owners make when they begin their online business is a failure to obviously describe a vision that answers why they are starting a business. Not having a Clear Budget for Business. Trend analysis – utilizes business information gathered after some time to recognize predictable outcomes.

Search 124

Search .Net Audience Revenue 124

Up and Running

JUNE 18, 2013

This just about sums up the financial stress of being an entrepreneur. If you are running a monthly net loss, you need to closely monitor how much of your expenses aren’t being funded from revenues. Closely track net profit vs. your business plan projections, taking a 12-month view to get a better picture of the trend.

Metrics 79

Metrics Burn Rate .Net Finance 79

Business Plan Blog

MAY 14, 2013

S uccessful entrepreneurs not only have visions in their minds, they also translate their abstract visions into concrete financial projections. Financial projections enable entrepreneurs to set targets for their goals, control costs and predict problems. This information is crucial important and is in a professional business plan.

Balance Sheet 45

Balance Sheet Equity Business Plan .Net 45

Growthink Blog

JANUARY 29, 2013

During these second and third phases the differences between higher quality and lower quality entrepreneurs is really apparent. Specifically, the best entrepreneurs are able to maximize the value of their businesses and exit them at a price substantially greater than the price they paid to acquire or start the business.

Balance Sheet 108

Balance Sheet Revenue Database .Net 108

Startup Lessons Learned

OCTOBER 23, 2013

In the Udemy course, Alistair and Ben expand these basics into a description of how to create empathy, stickiness, virality, revenue, and scale. As operators of an accelerator—and founders in our own right—Ben and I had constantly struggled with what the “right” numbers are for a business. Alistair: There are plenty.

Analytics 167

Analytics Lean Widget Metrics 167