Up and Running

MAY 1, 2014

The vast majority of business owners and entrepreneurs aren’t business experts. Just like you, they’re learning as they go and don’t have degrees in business. Writing a business plan may seem like a difficult hurdle, but it doesn’t have to be. Your business plan isn’t complete without a financial forecast.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Steve Blank

NOVEMBER 16, 2009

Eric Ries in Times Square For any model to be useful it has to predict what happens in the real world – including the web. I realized the Customer Development model needs to be clearer in what exactly a startup is supposed to do, regardless of the business model. “What is the “Business Model” of your startup?&#

Customer Development 227

Customer Development Web Developer Customer 227

Hearpreneur

JUNE 19, 2016

He was a big entrepreneur, he grew a farm from zero to 3000 hectares by himself in 20 years. I started my business to help these other women entrepreneurs achieve success and sell a product they believe in. Today, HourglassAngel.com is a 20+ person company with a 2015 revenue forecast of $12M.

Entrepreneur 48

Entrepreneur Software Review Michigan Chicago 48

Up and Running

AUGUST 28, 2018

You should go into this thinking about your business plan as a living document, not something you do once and then file away forever. Revisit and update it regularly by comparing your forecasts to your actuals and adjusting as necessary. Position your practice’s business opportunity. Do they self-pay or use insurance?

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

FEBRUARY 12, 2019

When I think about what set those excellent pitches apart from the rest, it turns out that they all shared some of the same qualities. I’ve heard many entrepreneurs deliver their pitch as if they’re auctioning off their grandmother’s antiques. Outline your business model. Think about when Henry Ford built the Model T.

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

VC Cafe

FEBRUARY 7, 2011

Since then, and after resting aside my ego, I placed myself back in my VC shoes to try to understand what “proof” such VCs needed to feel comfortable with an eCommerce investment. to nearly 5% of the total retail market, with a forecasted continuous increase. Tomer Tzach is a VC turned entrepreneur. What were they missing?

eCommerce 94

eCommerce Open Source SEM Technical Review 94

David Teten

AUGUST 6, 2015

Michael also observes, “One other comment I think would be worth mentioning, even though it seems ridiculously obvious, is the importance of speaking with model users about what is and isn’t important to them when analyzing a model….So 11) Separate out your model output. HOW TO MAKE YOUR CELLS READABLE.

Balance Sheet 60

Balance Sheet Software Review Forecast Acquisition 60

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. That’s the sales forecast, the spending forecast and the cash flow. That’s a lean business plan. It is not a document. They love milestones.

Lean 60

Lean Business Plan Video Software Review 60

Up and Running

NOVEMBER 10, 2015

At Palo Alto Software, I am surrounded by entrepreneurs. Our LivePlan customers are entrepreneurs, our founder and staff have run and sold companies, the Bplans readers are aspiring entrepreneurs (or actual entrepreneurs), and as I sell my own handmade jewelry, I like to think I have a very small claim to the title.

Curation 60

Curation Lean Software Review Finder 60

Up and Running

FEBRUARY 12, 2022

A long-term business plan like this is different from a traditional business plan in that it’s lighter on the details and more focused on your strategic direction. It has less focus on financial forecasting and a greater focus on the big picture. Entrepreneurs are always thinking about the future.

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

Up and Running

JANUARY 24, 2014

When I think about what set those excellent pitches apart from the rest, it turns out that they all shared some of the same qualities. I’ve heard many entrepreneurs deliver their pitch as if they’re auctioning off their grandmother’s antiques. Outline your business model. Pare it down to the essentials.

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

Steve Blank

DECEMBER 7, 2010

We have two great teaching assistants , plus we’ve rounded up a team of 25 mentors (VC’s and entrepreneurs) to help coach the teams. Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.).

Wiki 315

Wiki Lean Management Business Model 315

Startup Professionals Musings

AUGUST 13, 2012

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Explain the business model.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Up and Running

DECEMBER 9, 2014

Are you an entrepreneur or small business owner with questions about funding your small business? Maybe you are wondering which metrics to track, or whether or not you should take out a loan for your business. I’m the CEO of Executive Speaking Success and I’m a long-time entrepreneur.

Small Business 95

Small Business Finance Forecast Metrics 95

Small Business Force

DECEMBER 25, 2011

The rest stayed in the cigar box to make change and pay for any deliveries for the next day. Pretty simple system for a pretty simple business. Time for the business to grow up, financially! The Entrepreneur's Yoda" knows these things. No employees. Low-priced/low cost products. Start with quarters and work into years.

Small Business 35

Small Business Forecast Software Review Revenue 35

Startup Professionals Musings

MAY 13, 2011

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Explain the business model.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Steve Blank

MAY 7, 2009

For those of you who don’t know, business plan competitions are held by universities who get their students to enter and compete to see who has the best business idea. In exchange, these VCs/companies get early looks at new deal flow and offer aspiring entrepreneurs feedback and advice on their business plan.

Business Plan 152

Business Plan Silicon Valley RSS Venture Capital 152

www.forentrepreneurs.com

FEBRUARY 2, 2010

The company has just missed its quarterly revenue forecast. As you rightly pointed out, though most of us as entrepreneurs are aware of these concepts, we don't dig deep, drill down and present the numbers / issues / solutions to the board and / or investors. Good board members want to know two things: Why that happened?

Metrics 55

Metrics Design Entrepreneur Startup 55

Gust

AUGUST 5, 2012

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Explain the business model.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” It always amazes me how an entrepreneur can define his market opportunity so broadly, and then assess his competition so narrowly in the next breath. Explain the business model.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Up and Running

APRIL 28, 2015

Your business model has to truly be similar to the company you are referencing. If you aren’t solving some problem in the world, you are going to have a long uphill climb with your business. Investors will expect to see your sales forecast, profit and loss statement, and cash flow forecast for at least three years.

Forecast 60

Forecast Hockey Stick Exit Strategy Intellectual Property 60

Up and Running

APRIL 23, 2018

You’re stylish, passionate, and talented—and you’ve decided you don’t want to work for the man for the rest of your life. You’re going to become an entrepreneur and start your very own clothing line! As you get started, put together a business plan. Without it, you simply won’t stand out and enjoy any real success. .

eCommerce 90

eCommerce Design Social Media Cost 90

Up and Running

JULY 14, 2015

We appreciate you writing back and letting us know what you thought of the episode, and of course for the rest of our listeners if you are interested in contacting us, you can do that by emailing bcast@bplans.com. Our business model was Pinterest. It’s been a great help to my work. That’s bcast@bplans.com.

Incubator 60

Incubator Email Startup Oregon 60

Startup Lessons Learned

JULY 9, 2009

Lessons Learned by Eric Ries Thursday, July 9, 2009 10 years of entrepreneurship I recently passed my ten-year anniversary of becoming an entrepreneur. If Id bought just a handful of the "best of the rest" domain names that were available at the time (for a whopping $70 each), I probably could have just retired right then. And Google?

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

www.frozennorth.org

SEPTEMBER 16, 2011

To all those entrepreneurs with innovative, unique business ideas who want to capitalize on them before someone else does, I have one piece of advice: Get over it. Every one of these companies believed they had a unique idea, either a piece of technology, a business model, or a way of building a product. Categories.

NDA 41

NDA Non-disclosure Agreement Business Model RSS 41