Startup Professionals Musings

JULY 27, 2018

This implies high odds of a scalable business, simply needing an investment to lead to success. Business model showing costs, pricing, and margins. Intellectual property and sustainable competitive advantage. Discussion of likely liquidity events and exit strategy.

Product 145

Product Intellectual Property Liquidity Event Exit Strategy 145

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. How much time do they have for you?

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Startup Professionals Musings

AUGUST 8, 2016

The best differentiation is a patent or other intellectual property that also provides a barrier to entry. Validate your business model on real customers. Giving free beta copies of your solution to customers to elicit testimonials does not validate a business model.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Startup Professionals Musings

AUGUST 7, 2015

How the solution and business model work to fund the business. Investors will impatiently expect a winning business model, customer segment definitions and volume projections. Investors will impatiently expect a winning business model, customer segment definitions and volume projections.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

Startup Professionals Musings

AUGUST 13, 2012

Do describe your intellectual property and “secret sauce”. Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Exit strategy. For a family business, don’t project an exit.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Gust

DECEMBER 16, 2012

Define some intellectual property. File a patent and trademarks to show real intellectual property. It should answer every question an investor or associate might ask, including current valuation, funding needed, and exit strategy. Finalize your financial model. Free trials don’t count.

Angel Investor 179

Angel Investor Intellectual Property Elevator Pitch Angel Groups 179

Startup Professionals Musings

MAY 13, 2011

Do describe your intellectual property and “secret sauce”. Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Exit strategy. For a family business, don’t project an exit.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

JUNE 26, 2020

If possible, quantify these in non-technical business terms, such as dollars saved or replacement costs over time. Provide specifics on the customer business model. Scale your funding requests to the value of your startup today, consisting of assets, contracts, and intellectual property you currently own.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Gust

AUGUST 5, 2012

Do describe your intellectual property and “secret sauce”. Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Exit strategy. For a family business, don’t project an exit.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Do describe your intellectual property and “secret sauce”. Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it requires at least 100M users and $50M investment. Exit strategy. For a family business, don’t project an exit.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

www.inc.com

SEPTEMBER 24, 2011

Pricing Strategy. Financing A Small Business. Business Taxes. Selling A Business. Exit Strategies. Strategy and Planning. Internet and Online Business. Business Software. Intellectual Property. Office and Operations. Legal Issues. Industries. Basic Accounting. Bookkeeping.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Startup Professionals Musings

JUNE 2, 2013

The single most important ingredient of success is not the idea, but having a team in place that has impeccable integrity, can iterate the product quickly, pivot the business model as necessary, and keep costs down in the process. But patents and other intellectual property only go so far. Exit strategy.

Cram Down 269

Cram Down Angel Investor Intellectual Property Venture Capital 269

Up and Running

NOVEMBER 12, 2018

Defining the problem you’re trying to solve is an important part of your business plan because it’s the first place where you’ll demonstrate that idea is viable—that you can actually make money with your business model and idea. Share of the Market (SOM) : Your SOM is who you will reach in your first few years of business.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

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. Exit strategy. Some businesses have key strategic partnerships that are critical to their success. Partnerships.

Forecast 60

Forecast Hockey Stick Exit Strategy Intellectual Property 60

Up and Running

MAY 1, 2014

If your business model (i.e., “how If you are raising money to start or grow your business, you need to include the details of what you need in the executive summary. Remember, your goal is to keep your business plan as short as possible, so too much detail here could easily make your plan much too long. Exit Strategy.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Up and Running

OCTOBER 3, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Your funding ask and exit strategy, if applicable. These milestones demonstrate that your business model works and that you are filling a need for your market. Be specific. Mention your funding needs.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

David Teten

DECEMBER 3, 2019

Technographics vendors such as Builtwith , Datanyze , HG Data , Stackshare, and Stacklist help CEOs identify the right tech platform on which to build their business; they’re also helpful for investors to due diligence a company’s tech stack choices. Some private equity funds are quantifying their exit strategy in a concerted way.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Tim Keane

APRIL 12, 2006

What are their expectations for intellectual property-protectable businesses? In each case, some sort of “exit strategy” will be part of the structure. What are their expectations for intellectual property-protectable businesses? Does the group have an interest only in a specific area?

Entrepreneur 60

Entrepreneur Valuation Sweat Equity Common Stock 60