Startup Professionals Musings

JANUARY 4, 2015

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Forecast sales-volume expectations.

Forecast 120

Forecast Entrepreneur Burn Rate Widget 120

Startup Professionals Musings

AUGUST 14, 2015

That does work once in a while, usually with some serious collateral damage, but a less painful approach is to prepare and plan for each step along the way. One preparation example is the value of building a business plan before you start. Common financial metrics include burn rate, gross margin, revenue growth and net profit.

Elevator Pitch 120

Elevator Pitch Burn Rate Startup Metrics 120

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

JULY 15, 2013

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. Otherwise, sales, marketing, and operational costs will kill you. The holy grail is break-even, when revenues first catch up with the outflow.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

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

Both Sides of the Table

JULY 13, 2013

” I want to do the best deals wherever they are, but I thought, most VCs I met didn’t have very good operational experience, so I thought, “Well, what if I created a blog called Both Sides of the Table and could emphasize the fact that I used to sit on your side of the table? ” I thought, “Nah.”

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

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

Startup Professionals Musings

JUNE 9, 2012

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. Otherwise, sales, marketing, and operational costs will kill you. The holy grail is break-even, when revenues first catch up with the outflow.

Forecast 238

Forecast Burn Rate .Net Business Model 238

Startup Professionals Musings

MARCH 22, 2011

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. Otherwise, sales, marketing, and operational costs will kill you. The holy grail is break-even, when revenues first catch up with the outflow.

Forecast 230

Forecast Burn Rate Startup .Net 230

Startup Professionals Musings

MARCH 25, 2010

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. Otherwise, sales, marketing, and operational costs will kill you. The holy grail is break-even, when revenues first catch up with the outflow.

Forecast 151

Forecast Startup Burn Rate .Net 151

Up and Running

MAY 22, 2018

You’ll have to actually demonstrate that you’re generating revenue and increasing your client base. Briefly mention their diverse experiences and background so investors can see that your business is balanced perfectly. Expenses that were surpassed by revenue. The monthly cost of operating the business.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90

www.paulgraham.com

APRIL 28, 2010

This is a good plan for someone with kids, because it takes mostof the risk out of starting a startup. There never has to be atime when you have no revenues. Risk and reward are usuallyproportionate, however: you should expect a plan that cuts the riskof starting a startup also to cut the average return.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Up and Running

MAY 28, 2015

The break-even analysis table calculates a break-even point based on fixed costs, variable costs per unit of sales, and revenue per unit of sales. See Also The Key Elements of the Financial Plan. We call that “burn rate” these post-Internet days. 5, and a per-unit revenue of 1. Understanding break-even analysis.

Forecast 60

Forecast Burn Rate Revenue Cost 60