Up and Running

MAY 1, 2014

You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? Here’s an attempt to put this all in context.

Search 320

Search Business Model Customer Development Agile 320

Gust

AUGUST 5, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model. Financial forecast and metrics.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

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

Up and Running

MAY 31, 2016

“But how can I write a business plan? ” He was one of my favorite students in the class I used to teach on starting a business. You don’t plan to pay your rent and other expenses? How you make money is at the heart of an artist’s business plan. I’m an artist.” I responded.

Business Plan 60

Business Plan Forecast Metrics Oregon 60

Startup Professionals Musings

APRIL 22, 2010

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Explain the business model. Financial forecast and metrics.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or to optimize this search. to optimize this search.

Wiki 311

Wiki Lean Management Business Model 311

YoungUpstarts

MAY 26, 2017

Your pitch deck is the most important assets your business will have, arguably more than the business plan itself. Based off the “Pitch then Plan” template originated by Silicon Valley venture capitalist Guy Kawasaki, I believe in creating a strong pitch first and then building a business plan based on it.

Cofounder 185

Cofounder Silicon Valley Forecast Business Plan 185

Up and Running

NOVEMBER 10, 2015

Do your research and validate your idea: You’re probably going to be doing this at the same time as you write your business plan. It’s the lean format of the business plan—the format that will allow you to adapt fastest as you progress through the startup phase. Your business model (or how you will make money).

Curation 60

Curation Lean Software Review Finder 60

Startup Professionals Musings

FEBRUARY 13, 2016

As a startup advisor and investor, I recommend a pitch deck with about 10 slides backed up with a written business plan of approximately 20 pages, both containing quantified answers to the following key questions. What is the business problem you are solving? How does your business model make money?

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Gust

JANUARY 4, 2012

Most investors will assume that if the business plan is solid and a large market opportunity exists, there will be vigorous competition from other players. Here are just a few examples: Creating and revising a business plan (copyright, trade secret). Creating product mock-ups , wireframes, etc. trade secret).

Intellectual Property 143

Intellectual Property IP Startup United States 143

Up and Running

OCTOBER 22, 2014

So, you’ve been asked to write a business plan. It’s likely that your mind is filling with images of long documents, bad memories of writing term papers, and worries about doing market research and creating financial forecasts. But first, let’s talk about why you’re writing a business plan. Take a deep breath.

Business Plan 130

Business Plan Elevator Pitch Forecast Partner 130

Steve Blank

MAY 7, 2009

I hate business plan competitions. I Love Business Plan Competitions I had a breakfast with a friend who has founded a few companies in Thailand and started the New Ventures Program at one of their universities. For all the reasons why business plan competitions are wonderful for students from outside the U.S.,

Business Plan 140

Business Plan Silicon Valley RSS Venture Capital 140

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

JUNE 5, 2009

She has a separate team, with its own culture and office, and a mandate straight from top management to innovate without regard to the company’s historic products, channels, or supply chain. Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. So far, so good.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

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

Steve Blank

NOVEMBER 1, 2010

With an out-of-this-world business plan. When it was spun out as a a separate company, Iridium’s 1990 business plan had assumptions about potential customers, their problems and the product needed to solve that problem. A Business Plan Frozen in Time. No Business Plan Survives First Contact With A Customer.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

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

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. Next comes sales volume by channel. This forecast is really their commitment. That should be true even if your customer is really a distributor.

Forecast 151

Forecast Startup Burn Rate .Net 151

Steve Blank

DECEMBER 3, 2015

The challenge of innovating inside a big company was the focus of discussion with the two latest guests on Entrepreneurs are Everywhere , my radio show on SiriusXM Channel 111. He grew up working in their businesses: … It was unfathomable for either of my parents to work for anyone else. Andrew Breen. David : Of course. ….

Entrepreneur 120

Entrepreneur Cofounder San Francisco Business Model 120

Up and Running

APRIL 23, 2018

To be frank, there are actually a number of sectors that allow you start a perfectly successful business without ever having any real passion for the sector or business model itself. Via these channels, you can interact with brand advocates directly and develop a clear “voice” for your clothing line. Good luck!

eCommerce 90

eCommerce Design Social Media Cost 90