Steve Blank

MARCH 4, 2014

In the last few years we’ve recognized that a startup is not a smaller version of a large company. We’re now learning that companies are not larger versions of startups. But paradoxically, in spite of all their seemingly endless resources, innovation inside of an existing company is much harder than inside a startup.

IRR 335

IRR Startup Business Model Agile 335

David Teten

SEPTEMBER 6, 2015

And they should be; the feeding frenzy in the innovation economy is in some cases because startups are eating the lunch of more established companies. Teten: For a large corporate, what are the advantages and disadvantages of a dedicated fund (possibly with external investors) vs. a 100% on-balance sheet investor?

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

YoungUpstarts

MARCH 13, 2018

But when it’s imperative that you watch every penny, you need to have a plan in place to stave off lifestyle inflation and keep the lion’s share of your cash flow directed where it matters most: your business’s balance sheet. You likely have access to another ready supply of startup capital: your friends. Are You Living Lean?

Balance Sheet 113

Balance Sheet Bootstrapping Dividend Entrepreneur 113

Up and Running

AUGUST 28, 2018

A Lean Business Plan might be a better fit if you simply need to think through all the different aspects of your business. A Lean Plan will be shorter, and it lends itself to quick revisions, but both types follow the same general outline. When writing your financial plan, make sure to consider startup costs. Be specific.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

David Teten

DECEMBER 16, 2015

Metrics for Certain Categories of Startups. Lean Analytics recommends this set of metrics for some of the major categories of startups: Create a management dashboard. Track employee performance particularly rigorously. I’ve previously posted a template board deck ; also see A16Z’s preferred startup metrics.

Metrics 60

Metrics Analytics Balance Sheet .Net 60

Up and Running

FEBRUARY 10, 2021

Investors, particularly those investing in early-stage startups, want to understand your vision. If you have gaps and still need to hire key employees, that’s OK. Executive summary and/or Lean Plan. Read more about what goes into a great executive summary and how to build a lean business plan. A vision for the future.

Business Plan 138

Business Plan Forecast Balance Sheet Exit Strategy 138

Steve Blank

JUNE 23, 2016

Disruptive innovations are coming from startups – Telsa for automobiles, Uber for taxis, Airbnb for hotel rentals, Netflix for video rentals and Facebook for media. It’s a lot easier to get these numbers to look great by outsourcing everything, getting assets off the balance sheet and only investing in things that pay off fast.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

ReadWriteStart

APRIL 25, 2012

We got a chance to look deep into the company's balance sheet and see exactly how it managed its cash flow over the past five years. Contrary to popular belief, the road to startup success isn't always paved in gold: Instead, founders often work for years without getting paid at all. This wasn't Backblaze's only startup capital.

Management 149

Management Balance Sheet Silicon Valley Salary 149

Up and Running

FEBRUARY 8, 2016

So it is no wonder that when an entrepreneur starts their second or third business, they incorporate the lessons they learned from their first startup. While there are dozens of lessons I could take away from these entrepreneurs’ experiences, I want to highlight three common mistakes founders make in the early stages of a startup.

Entrepreneur 60

Entrepreneur Software Review Balance Sheet Partner 60

VC Adventure

MARCH 19, 2020

I had a few things on my mind related to the startup environment right now as it relates to Covid-19 and the massive market disruption that we’re in the middle of. With that, here are some general observations on the market as well as a few things specific to startup companies (relevant across stages). This feels harsh.

Balance Sheet 69

Balance Sheet Portfolio Stock Early Stage 69

Startup Lessons Learned

MAY 25, 2020

7:01) The importance of both customer and employee experience, brand building, and pivoting to anticipate the new normal that's coming. (9:33) 18:21) Carl on optimism and what he did as head of stores at Home Depot post-Katrina to take care of customers and employees, including selling products out of the back of a truck via an IOU system.

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

Up and Running

AUGUST 20, 2018

Most of us need just a Lean Business Plan, for internal use, with just bullet point lists and important projections. Good businesses always keep their Lean Plan up to date. The lean business plan is great news because it makes the planning process much less daunting. More on that in the section on the Lean Plan.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Up and Running

NOVEMBER 12, 2018

But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan. A Lean Plan can also serve as an initial plan that helps you think through all the aspects of starting your business. Startup costs. Your problem and solution. Financial plan. Appendix (optional).

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

MAY 14, 2015

Lately, I’ve been focusing on lean business plans. In this article I will cover: The lean business plan that every business ought to have. Business plans for startups. The lean business plan. All businesses can use a lean plan to manage strategy, tactics, dates, deadlines, activities, and cash flow.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Austin Startup

OCTOBER 4, 2017

In this way you don’t have to worry about valuation until the professional money comes in, and they expect this kind of note will be on your balance sheet already. However, the easiest way to avoid dilution is by learning to be what I call “ramen lean”. It is worth looking into. Check out their website to learn more.

Dilution 59

Dilution Valuation Equity Balance Sheet 59

Up and Running

JULY 24, 2017

For example, with an existing company, that information might be as simple as adding recent annual sales or number of employees to the basic company information in the first bullet here. For a startup, it might be a brief description of aspirations, such as a sales goal for the next year or three years from now. Size or scale.

Software Review 151

Software Review SBA Due Diligence Business Plan 151

Up and Running

OCTOBER 3, 2018

If you want to put together a strategic plan to map out your business’s growth potential, you might consider a Lean Business Plan. But know that a Lean Plan shares all of the same components of a traditional business plan—it’s just shorter. Whichever type of plan you choose, remember that a business plan is a living document.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Up and Running

MAY 15, 2019

No matter its size or age, every brewery was once a startup. Most small businesses and startups that are looking to grow— hire a new employee , or buy a new piece of equipment, or open a new location —need to think hard about cash flow, or making sure they have enough money in the bank to meet payroll and other financial obligations.

Oregon 24

Oregon Jordan Software Review Distribution 24

Reid Hoffman

JUNE 8, 2021

As I’m sure most would agree, Airbnb is one of the most iconic startups to have been formed in the world. We can either try to step forward and be progressive and really try to lean forward, or we can get dragged in the future. Today, we are thrilled to have Airbnb CEO and co-founder Brian Chesky with us. BC: Exactly, Reid.

Silicon Valley 69

Silicon Valley Hosting Rhode Island Design 69

Reid Hoffman

JUNE 8, 2021

As I’m sure most would agree, Airbnb is one of the most iconic startups to have been formed in the world. We can either try to step forward and be progressive and really try to lean forward, or we can get dragged in the future. Today, we are thrilled to have Airbnb CEO and co-founder Brian Chesky with us. BC: Exactly, Reid.

Silicon Valley 36

Silicon Valley Hosting Rhode Island Design 36

Both Sides of the Table

AUGUST 30, 2010

Personal balance sheets are still stretched: The problem in the US starts & ends with “consumerism” that was fueled by artificially high real estate prices, which drove up spending and the stock market. What microprocessors are to computing, batteries are to electric vehicles… The U.S. I doubt they will ever catch up.&#.

Entrepreneur 298

Entrepreneur Technical Review Balance Sheet Government 298