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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

Seeing a 200-percent revenue growth in just the first year after securing that loan, TRISTAR took out an additional $500,000 SBA-backed loan to expand its physical presence into two more locations. It has grown from five employees generating $120,000 in annual revenue to 350 employees generating annual revenues of $16.5

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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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How Customer Development Failed Us

Steve Blank

It made more sense than our 60 page business plan predicated on a B-school class and a supernatural ability to predict the future. Well, it just so happens that we’ve fitted Ross’s 2001 Subaru with a flux capacitor, gotten our hands on some plutonium and we’re about to hit eighty eight miles per hour! Make Money or Take Money?

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Valuations 101: Scorecard Valuation Methodology

Gust

In 2011, the valuation of pre-revenue, start-up companies is typically in the range of $1.5–$2.5 Such comparisons can only be made for companies at the same stage of development, in this case, for pre-revenue startup ventures. As can be seen the average (mean) pre-money valuation for recent pre-revenue deals is $2.1

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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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35 Entrepreneurs Explain How They Came Up With Their Business Name

Hearpreneur

When my father had his business plan all set up, he brought it to the rabbi and got a benediction for a successful business. When he left the neighborhood, he decided that because he got a benediction from the rabbi in Crown Heights, he’d name his business (CrownTV’s parent company) Crown Heights.

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