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Do You Need a Business Plan? Scientific Research Says Yes

Up and Running

With the help of my friend Jeff, from the University of Oregon, I’ve been looking at academic research on business planning—the actual science around planning and how it impacts both startups and existing businesses. But, before we dive into the data, why do we even need to look at research on business planning?

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7 Attributes of An Entrepreneur's Startup Dream Team

Startup Professionals Musings

In my angel investor mode, I often find myself flipping to the “management” section of a business plan, even before I read the solution description and opportunity. It starts with having a vision and an ability to get the message across in your elevator pitch, in a written business plan and one-on-one with potential investors.

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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

Two years after engineering firm UEC Electronics launched in 1995, its owner realized she and her staff of 10 needed marketing assistance to grow the business. In 2001, they secured their second SBA loan for the business. This time to build a 42,000 square foot office building.

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Is the Lean Startup Dead?

Steve Blank

Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

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What Makes an Entrepreneur (4/11) – Resiliency

Both Sides of the Table

This was soon after the bursting of the dot com bubble – in early 2001. The deal terms were agreed, the combined business plans were prepared and both sets of investors had verbally agreed to do the deal. We started drafting out plans for what we were going to do in order to have an orderly winding up of the company.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

I had previously raised VC in 1999, 2000, 2001 and 2005. I had really positive experiences such as working with Greg Gretsch at Sigma Partners where he championed us to a partners’ meeting where we sort of got crucified. The managing partner of the firm called me the next day. And covered we did.

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Where are the Deals? How VCs Identify the Next Generation of Startups

David Teten

The venture capital industry is continuing its evolution from an upside-down pyramid (typically 3-10 Partners, plus some administrative support) to a traditional hierarchical pyramid. Leading Late-Stage Technology Investors’ Portfolio by Geography, 2001-1Q2010. Notes: Only for IT & related sectors.