Startup Professionals Musings

JULY 15, 2013

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Next comes sales volume by channel. This forecast is really their commitment. Plan to re-forecast every quarter.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Steve Blank

SEPTEMBER 5, 2018

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. These bubble startups were actually guessing at their business model and did premature and aggressive hype and early company launches and had extremely high burn rates – all predicated on an IPO to raise more cash.

Lean 335

Lean Burn Rate Startup IPO 335

VC Cafe

NOVEMBER 2, 2019

Forecasting is sometimes done by dragging the mouse based on many assumptions, because it’s hard to predict the future. One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate?

B2C 141

B2C Technical Review Startup Retention 141

Startup Professionals Musings

JUNE 9, 2012

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Next comes sales volume by channel. This forecast is really their commitment. Plan to re-forecast every quarter.

Forecast 238

Forecast Burn Rate .Net Business Model 238

Startup Professionals Musings

MARCH 22, 2011

Projecting the financials should be the last step of your business plan preparation, since it assumes you already know the opportunity size, customer buying habits, pricing, costs, and competition. Next comes sales volume by channel. This forecast is really their commitment. Plan to re-forecast every quarter.

Forecast 230

Forecast Burn Rate Startup .Net 230

Startup Professionals Musings

MARCH 25, 2010

Next comes sales volume by channel. This forecast is really their commitment. Your “burn rate” or net cash flow out is usually the single most important survival parameter to a startup. Initial forecasts should be aggressive for credibility, but don’t shoot for the moon. Cash flow is king.

Forecast 151

Forecast Startup Burn Rate .Net 151

Up and Running

SEPTEMBER 17, 2014

ROI per Marketing Channel. It’s crucial to keep a handle of ROI per marketing channel in order to optimize marketing spending. After all, a sustainable business model requires repeat customers! It’s not enough to check this every quarter. You should check it monthly or weekly. – Josh Weiss , Bluegala.

Metrics 146

Metrics Burn Rate Entrepreneur Forecast 146