Startup Professionals Musings

SEPTEMBER 12, 2021

Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. They can iterate and evolve their business idea with a low burn rate and minimal dependencies. A formal plan will only add value after they finalize a model, build a team, and are ready to scale.

Business Plan 316

Business Plan Technical Review Angel Investor Due Diligence 316

Startup Professionals Musings

NOVEMBER 7, 2014

Tiny bootstrapped teams usually don’t have a business plan, and probably don’t need one. They can iterate and evolve their business idea with a low burn rate and minimal dependencies. A formal plan will only add value after they finalize a model, build a team, and are ready to scale.

Business Plan 274

Business Plan Technical Review Angel Investor Due Diligence 274

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

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Technology costs.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

FEBRUARY 15, 2011

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Technology costs.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

Gust

JUNE 10, 2012

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Do basic Search Engine Optimization (SEO) and Marketing (SEM), like cohort analysis , yourself. Founders now routinely use their home to operate their startup until they are well into the revenue phase.

Cost 139

Cost Burn Rate SEM Startup 139

Startup Professionals Musings

FEBRUARY 13, 2010

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Do basic Search Engine Optimization (SEO) and Marketing (SEM) yourself. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Technology costs.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125