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Praying to the God of Valuation

Both Sides of the Table

We had nascent revenues, ridiculous cost structures and unrealistic valuations. I had realized that I didn’t have it within me to be as good of a player as many of them did but I had the skills to help as mentor, coach, friend, sparing partner and patient capital provider. Until we weren’t. Nobody cared about our valuations any more.

Valuation 466
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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

Over a period of years, every GE senior manager would learn the Lean Startup, and GE would be the showcase for how modern companies use entrepreneurial management to transform culture and drive long-term growth. In 2015 Trian Partners, an activist investor, bought $2.5 Innovation at GE was on a roll. Then it wasn’t.

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30 Entrepreneurs Explain Their Major Accomplishments In 2021

Hearpreneur

We have won vacations with the other companies we partner with. We have also managed our company budgets successfully and avoided unnecessary spending. I'm proud that we've managed to bring in more clients and keep our existing clients happy. We had a great year from a balance sheet standpoint.

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Death By Revenue Plan

Steve Blank

You would think that would be enough to get wrong, but entrepreneurs and investors compound this problem by assuming that all startups grow and scale by executing the Revenue Plan. All discussion focused on “missing the revenue plan.”. Revenue Plan Needs to Match Market Type. They don’t. Reality Meets the Plan. What went wrong?

Revenue 231
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Containing Growth Chaos: Five Things To Do When Your Company Is On The Upswing

YoungUpstarts

We see balance sheets go from being in the red to finally creeping into the black and, if we’re fortunate enough, beyond our wildest dreams. But entrepreneurs face other concerns that compete with this growth focus, including hiring, maintaining current revenue sources and distinguishing themselves from the competition.

Cofounder 100
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ESADE Business School Commencement Speech

Steve Blank

But the world you lead will be much different from the one your professors knew or your predecessors managed. Yet in the face of all this change, traditional firms continue to embrace a management ethos that values efficiency over innovation. Companies horde cash and squeeze the most revenue and margin from the money they use.

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How to Write a Business Plan: Use This Checklist to Keep Yourself on Task

Up and Running

The business plan, in its many different formats, can be used for a variety of purposes, including validating an idea, getting funded, and managing a business successfully. If you’re creating a plan to manage your business once you’re up and running, a Lean Plan will suit you best. Write the company and management summary.