Business Model Due Diligence Elevator Pitch Revenue 
ReadWriteStart
JUNE 1, 2020
Funding might be a need in some cases — but it’s not an absolute necessity. ? The business should be self-sustainable. The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Incubators and Accelerators.
Startup Professionals Musings
NOVEMBER 4, 2011
are eliminated during due diligence. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Prepare an investment-grade business plan. This is called “validating the business model.” Close at least one initial customer.
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Startup Professionals Musings
SEPTEMBER 23, 2010
are eliminated during due diligence. They must amplify your “elevator pitch” to investors, as well as key points from the business plan and the financial model. Prepare an investment-grade business plan. This is called “validating the business model.” Close at least one initial customer.
Up and Running
MARCH 14, 2018
Your revenue or business model. Show what you’re projecting in revenue (per product) over the next three to five years. Show you’ve done some due diligence on this exit strategy, including the companies you’re targeting, and why it would make sense three, five, or 10 years down the road.
Steve Blank
NOVEMBER 5, 2009
Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions.
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