Startup Professionals Musings

DECEMBER 6, 2014

Early in the relationship, every investor instinctively looks for some key indicators of the ability to get results, like the following: Communicates well in every business medium. Others send investors email and business plans in all uppercase or no punctuation. Message delivery must be customized for each investor.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. We were positing that 20 years of teaching “how to write a business plan” might be obsolete. This post is part one.

Lean 303

Lean Business Model Customer Development Guinea 303

The Startup Magazine

JUNE 17, 2021

Further education courses are usually home to a wonderful mix of individuals from countless different cultures and nationalities, and as you will probably be aware off if you own a business, networking is essential. This is partly down to the great number of resources that institutes of higher learning will often possess.

Analytics 179

Analytics Technical Review Social Media Software Review 179

Up and Running

JUNE 25, 2020

If your sales have recently hit a plateau, check out these 10 proven methods to continue growing your business. You went through the process of identifying a target market when developing your business plan. But now you have an active customer base that you need to engage with and in the process improve your business.

Small Business 180

Small Business Hosting Social Media Community 180

Startup Professionals Musings

JUNE 20, 2016

In my angel investor mode, I often find myself flipping to the “management” section of a business plan, even before I read the solution description and opportunity. Investors are usually smart business people who love to be asked for guidance and direction, before they are asked for money. Executives exude confidence and energy.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

Startup Professionals Musings

OCTOBER 8, 2023

Warm introductions from common friends are even better, so networking with potential peers and future investors is highly recommended well before it’s time to ask for money. Your pitch and business plan are important. Every angel looks to scale the business after you have funded product design, perhaps with friends and family.

Venture Capital 265

Venture Capital Accredited Investor Syndicate Syndication 265

Startup Professionals Musings

JANUARY 7, 2013

The market and venture capitalists are looking for business, but with a continuing focus on proven business models. Here are some key action items that may give your business some visibility: Start with an investment-grade business plan. Identify the right people in the right venture firms.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Steve Blank

MARCH 29, 2010

The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model. Learn how to put together a business model , not a business plan. Having a teaching partner makes life a lot easier and the class improves.

Business Model 235

Business Model Silicon Valley California Engineer 235

Startup Professionals Musings

JULY 14, 2023

Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. This is where most current business plan analyses focus today. One of the key sections of every entrepreneur’s business plan is the analysis of the competition.

Differentiation 220

Differentiation Framework Equity Business Plan 220

Steve Blank

JANUARY 28, 2013

The bootcamp requested that participants do what entrepreneurs do before requesting seed funding – Discover, Network and Accelerate. (In Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan , Customer Development , Teaching.

Programming 297

Programming Design Lean Seed Money 297

Steve Blank

JANUARY 28, 2013

The bootcamp requested that participants do what entrepreneurs do before requesting seed funding – Discover, Network and Accelerate. (In Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan , Customer Development , Teaching.

Programming 289

Programming Design Lean Seed Money 289

Startup Professionals Musings

SEPTEMBER 30, 2013

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. It doesn’t prove your business model of pricing, distribution, and support.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Reid Hoffman

JULY 27, 2021

Greylock Partners · Reid Hoffman | Philosopher Versus MBA. If they don’t have the right skills or resources, they’ll pick them up along the way by hiring someone, partnering with someone, or just learning it themselves. The Network May Not be as Valuable as It Seems. Networks are both safety nets and trampolines.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

Greylock Partners · Reid Hoffman | Philosopher Versus MBA. If they don’t have the right skills or resources, they’ll pick them up along the way by hiring someone, partnering with someone, or just learning it themselves. The Network May Not be as Valuable as It Seems. Networks are both safety nets and trampolines.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Startup Professionals Musings

OCTOBER 24, 2020

Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. This is where most current business plan analyses focus today. One of the key sections of every entrepreneur’s business plan is the analysis of the competition.

Differentiation 378

Differentiation Framework Equity Business Plan 378

Startup Professionals Musings

AUGUST 13, 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. Marketing, sales, and partners.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Steve Blank

JUNE 8, 2021

Although the class was run completely online, and even though they were suffering from Zoom fatigue, the 10 teams of 42 students collectively interviewed 1,142 beneficiaries, stakeholders, requirements writers, program managers, industry partners, etc. – while simultaneously building a series of minimal viable products.

Lean 410

Lean Security Asia SBIR 410

Hearpreneur

APRIL 9, 2023

5- Business model innovations Photo Credit: Bram Jansen New forms of commerce and sources of income are becoming possible thanks to technological advancements. But many of these start totally from scratch and use informal online research to borrow business models and ideas. Thanks to Marco Scanu, Visa Business Plans ! #10-

Technical Review 105

Technical Review Artificial Inteligence Technology Entrepreneur 105

Duct Tape Marketing

APRIL 6, 2022

Steve is the CEO of Founders Space, one of the world’s leading startup accelerators with over 50 partners in 22 countries. Steve is also the author of Surviving a Startup: Practical Strategies for Starting a Business, Overcoming Obstacles, and Coming Out on Top. More About Duct Tape Marketing Consultant Network: Learn more here.

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

David Teten

JANUARY 21, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Jonathan Bragdon , CEO, describes Capacity as “a team of founders-turned-funders making non-dilutive, founder-aligned investments of $50-$300k in post-startup, post-revenue businesses planning to 2X revenues in 12-24 months.

Equity 78

Equity Revenue Cofounder Colorado 78

Steve Blank

OCTOBER 31, 2014

One of the groups I spoke to was the Australian Sports Technology Network. The biggest mistake for most of these startups was not understanding that optimizing their business model for the 24 million people in the Australian market would not prepare them for the size and scale they needed to get to big. Regional Ecosystems.

Global 335

Global Australia Silicon Valley China 335

Startup Professionals Musings

MAY 13, 2011

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. Marketing, sales, and partners.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

APRIL 17, 2023

It never hurts to start networking personally with all levels of investors early, but sending out teasers and business plans to every name you can find on the Internet is a waste of your time and theirs. Investors call this the seed stage , where money is required to build a market and a real product. Congratulations!

Angel Investor 313

Angel Investor Intellectual Property Investment Bankers Private Equity 313

YoungUpstarts

APRIL 22, 2016

What’s the hottest trend in business right now? Social networks such as Facebook and Twitter? Leveraging network effects. Network effects are the phenomenon whereby a good or service becomes more valuable when more people use it, so there is a relentless focus on building as large a network as possible.

Japan 100

Japan Global Asia API 100

Startup Professionals Musings

AUGUST 31, 2012

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. It doesn’t prove your business model of pricing, distribution, and support.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Startup Professionals Musings

JANUARY 27, 2021

Warm introductions from common friends are even better, so networking with potential peers and future investors is highly recommended well before it’s time to ask for money. Your pitch and business plan are important. Every angel looks to scale the business after you have funded product design, perhaps with friends and family.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

YoungUpstarts

SEPTEMBER 10, 2018

More research and explanation is needed to understand how the business plan will be executed. Pitch it to someone with a startup or business related background, but who doesn’t have experience in your industry. Don’t describe a 100% theoretical business model. It was all hypothetical. We needed to be more specific.

Programming 124

Programming Chile B2B B2C 124

Austin Startup

SEPTEMBER 29, 2018

business model and team. I usually don’t back a business unless there are founders that can build, sell, and service the new solution that is being brought to market. Here are the ingredients: Business model : This is actually the most important ingredient of the five. There is usually a way. What is a good team?

Bootstrapping 52

Bootstrapping IPO Business Model Software Review 52

SoCal CTO

JUNE 9, 2010

While Google fights on the edges, Amazon is attacking their core - Chris Dixon , May 22, 2010 Google is fighting battles on almost every front: social networking, mobile operating systems, web browsers, office apps, and so on. " In fact, 3 of the 10 selected companies from the past two years has followed this business model.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Startup Professionals Musings

APRIL 12, 2021

In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first customers, funding an initial inventory, and building an operational support process. Build your plan around resources you know. Start networking for funding before the crisis.

Dilution 404

Dilution Incubator Bootstrapping Government 404

Startup Professionals Musings

JUNE 17, 2011

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. It doesn’t prove your business model of pricing, distribution, and support.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

David Teten

DECEMBER 3, 2019

But, most of use raise capital and source deals the same way people looked for dates 20 years ago: by networking at conferences (or bars). . But in business, you want a lot of partners. In the private equity universe, most Partners have primary training as deal-makers, not as managers. 1) Manage the firm . 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Professionals Musings

MARCH 2, 2020

Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. In addition, creating a business requires leading and interacting with other people, including partners, investors, and customers. Target measurements allow you to assess your business progress.

Elevator Pitch 315

Elevator Pitch Cofounder Dividend Leadership 315

YoungUpstarts

SEPTEMBER 3, 2018

Selecting the right technology partner. Then, you draft your business model and plan. First you draft an executive summary of your business plan. Then you write down a brief about your company and business model. Lastly you check the network performance of your app.

Mobile 113

Mobile Developer Social Media Later Stage 113

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. Marketing, sales, and partners.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

ReadWriteStart

JANUARY 25, 2021

Objective data isn’t going to instantly make your business more viable, but it will give you something good to start with. Write a Business Plan. You can’t launch an effective business without having a business plan in place first. Build Your Network. It pays to get an early start here. Get Support.

Entrepreneur 208

Entrepreneur Startup Networking Employee 208

Startup Professionals Musings

JULY 22, 2020

It never hurts to start networking personally with all levels of investors early, but sending out teasers and business plans to every name you can find on the Internet is a waste of your time and theirs. Investors call this the seed stage , where money is required to build a market and a real product. Congratulations!

Angel Investor 370

Angel Investor Intellectual Property Investment Bankers Private Equity 370