Up and Running

OCTOBER 1, 2014

What about bootstrapping? When you’re starting a business to build your own luck, you don’t often have a lot of start up capital. Nelson has some tips: Know your burn rate. Plan ahead. ” The post Dragons, Bootstrapping and Women in Tech appeared first on Bplans Blog. ” Nelson says.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Tim Keane

DECEMBER 14, 2009

  A low burn rate is a pearl of great price.    It provides lots of options that high burn rates take away.    A low burn rate is a pearl of great price.    It provides lots of options that high burn rates take away.  Bootstrapping.

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

Startup Professionals Musings

JUNE 18, 2012

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

JUNE 28, 2013

Based on the latest Startup Environment Index from the Kauffman Foundation and LegalZoom, personal money, or bootstrapping, continued to be the primary startup funding in 2012. Entrepreneurs who plan to complete a business plan the first month, find an investor the second, and roll out a product the third month are just kidding themselves.

Startup 264

Startup Burn Rate Bootstrapping Valuation 264

Startup Professionals Musings

JANUARY 4, 2015

Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Thus, financial projections for up to five years are a necessary element in every business plan. External investors will demand a financial forecast, but it’s equally valuable to you, even if bootstrapping.

Forecast 120

Forecast Entrepreneur Burn Rate Widget 120

Startup Professionals Musings

FEBRUARY 15, 2011

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Gust

JUNE 10, 2012

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Cost 139

Cost Burn Rate SEM Startup 139

Startup Professionals Musings

FEBRUARY 13, 2010

Establishing the legal structure for your business, registering trademarks, filing copyrights and patents, and drafting partnership agreements used to require extensive attorney fees and ongoing consultation. I now see and believe business plans that budget $1K for all this, versus a previous $20K or more. Facilities and staff.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125

Professor VC

OCTOBER 11, 2010

I'd be happy to send you our business plan, exec summary, and ppt. Bootstrapping 101. [link] We are developing a software technology that works on the web using cloud computing to build software 100X faster and reduce bugs and cut costs. And I can show you our working demo of our prototype. Watch Out for the Red W(h)ine.

Social Network 28

Social Network Networking Software Review San Jose 28

Professor VC

MAY 29, 2008

An entrepreneur will pitch their business plan to what they think is a group of angel investors and will get a number of follow-up calls afterwards, but they are pitches for services not investment interest. Bootstrapping 101. I think this sentiment has given angel groups a bad name. Watch Out for the Red W(h)ine. ► May.

Angel Investor 28

Angel Investor Angel Groups Accredited Investor San Jose 28

Professor VC

DECEMBER 18, 2008

Many entrepreneurial programs feature a business plan competition, which is a great exercise. At SJSU, we also have a business plan competition in the spring, which ideally allows the students to build a viable business model around their NIF projects. Bootstrapping 101. Watch Out for the Red W(h)ine.

San Jose 28

San Jose Silicon Valley Technical Review Angel Investor 28

Professor VC

NOVEMBER 19, 2009

They need to have a place where they can gain an understanding of their different options for financing the venture, how to determine exactly what is needed in the marketplace, how to negotiate, how to read contracts, the role of technology, how to write a business plan, understand what your ratios are saying. Bootstrapping 101.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43

Professor VC

FEBRUARY 12, 2008

I first met Jeff about 8 years ago when he was finishing his first year at the Stanford GSB and was beginning to raise money for a business plan he developed for a secondary market ticket exchange. Bootstrapping 101. I started thinking about this yesterday when Jeff Fluhr, founder of Stub Hub spoke at my San Jose State class.

San Jose 31

San Jose Technical Review Venture Capital Angel Investor 31

Professor VC

JUNE 20, 2011

Now that iControl has raised over $100M, this got me thinking back to our original business plan. The business model (OEM through broadband and home security companies for mass distribution) if not specific product functionality has remained largely the same. Bootstrapping 101. Watch Out for the Red W(h)ine.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Professor VC

MAY 30, 2009

We held our annual business plan competition at San Jose State this month and first prize was $10,000. Ryan was actually working on another business plan for my class when he came to discuss this concept with me a few weeks before the business plan competition. Bootstrapping 101. Steve Bennet.

San Jose 28

San Jose Angel Investor Silicon Valley Bootstrapping 28

Professor VC

AUGUST 26, 2011

To that last one, there is certainly some truth as the standard time vs. revenue chart in most business plans looks like this: Im not teaching Entrepreneurial Finance this semester for the first time since Fall 2007. Is the model consistent with the business plan? Does the business model make sense? ► July.

Silicon Valley 35

Silicon Valley San Jose Hockey Stick Venture Capital 35

Professor VC

JANUARY 20, 2009

Evaluate Business and Financing Needs - We initially went out seeking $10 million in financing, but listened to the prospective investors and watched the market. Mid-way through the process, we took another cut at our business plan and built a model where $5 million would be sufficient to get us beyond breakeven. Steve Bennet.

Venture Capital 28

Venture Capital Silicon Valley San Jose Bootstrapping 28

Professor VC

FEBRUARY 26, 2010

Of course, given the state of venture returns, perhaps randomly picking from a stack of business plans would provide as good or better results than an entrepreneur selection algorithm or detailed due diligence. Bootstrapping 101. Watch Out for the Red W(h)ine. ► September. (1). Survey says VC's invest on Gut Instinct.

San Jose 28

San Jose Silicon Valley Venture Capital Angel Investor 28

Professor VC

SEPTEMBER 26, 2008

As I am quoted in the article, it is easy to pick holes in a business plan. Bootstrapping 101. No companys future ever matches their projections and it is the assumptions and how the entrepreneur understands the market and sees the opportunity evolving that we care about. Watch Out for the Red W(h)ine. ► September. (1).

Angel Groups 28

Angel Groups San Jose Early Stage Angel Investor 28

dondodge.typepad.com

JANUARY 15, 2011

The theory is that if they trust you and your business plan enough to give you $5M, then you have probably created something that is already worth $5M. My next post will be about the importance of cash flow, keeping burn rates low, and how to avoid excessive equity dilution.

Equity 40

Equity Employee Dilution Valuation 40