Startup Professionals Musings

SEPTEMBER 25, 2021

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Startup Professionals Musings

FEBRUARY 8, 2021

Especially if you are a first-time business owner, the payback for this initiative is well worth the effort and cost. Unfortunately, I see too many new entrepreneurs who let their passion for a new idea or invention blind them to the stark realities of customer need, opportunity size, or pricing and cost implications.

Advisory Board 356

Advisory Board Bandwidth Cofounder Technical Review 356

Up and Running

SEPTEMBER 23, 2019

Working on writing your business plan and looking for some tools or resources to make it easier? Some people just want to see a sample business plan , so they can copy the outline, or topics covered, or style, putting in their own content of course. . Business plan template. Sample business plan.

Business Plan 82

Business Plan Incubator Software Review Programming 82

Startup Professionals Musings

JUNE 2, 2023

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Products requiring changes to government regulations. If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. You need a big differentiator in these arenas.

New York City 246

New York City Silicon Valley Bootstrapping Technical Review 246

Up and Running

AUGUST 9, 2017

We have discovered that a great name evolves from an excellent business plan. A company that has gone through the process of defining their business by writing a business plan generally has a greater sense of self-awareness than a company that hasn’t. 5 approaches to choosing a business name.

Naming 105

Naming Business Plan Community Audience 105

Up and Running

SEPTEMBER 23, 2019

Working on writing your business plan and looking for some tools or resources to make it easier? Some people just want to see a sample business plan , so they can copy the outline, or topics covered, or style, putting in their own content of course. . Business plan template. Sample business plan.

Business Plan 60

Business Plan Incubator Software Review Programming 60

Startup Professionals Musings

FEBRUARY 13, 2013

But before you conclude that your funding problems are solved with grants, you should consider the direct and indirect costs of grant funding: Grant applications are bureaucratic. Professional help costs money. Let’s face it, the business world and the political world are getting tightly intertwined. Stringent spending controls.

Government 230

Government Equity Cost SBIR 230

The Startup Magazine

MAY 27, 2023

Useful Tools While you might not have a clear idea of the specifics of your business plan just yet (though it’s always worth thinking about), it will do you some good to brush up on the kinds of tools that are going to be useful for someone in your position. Your idea is a good one – it’s one that you believe in.

Social Media 146

Social Media Business Plan Software Review Audience 146

Startup Professionals Musings

SEPTEMBER 7, 2020

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Products requiring changes to government regulations. If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. You need a big differentiator in these arenas.

New York City 315

New York City Silicon Valley Startup Bootstrapping 315

Startup Professionals Musings

JULY 5, 2023

Some entrepreneurs start polling venture capitalists for that multi-million-dollar investment before they even have a business plan. It won’t work, it costs time and money, and hurts your credibility when you need them later. The first step toward a business with any idea is to write it down, and build a business plan around it.

Incubator 305

Incubator Startup Exit Strategy Institutional Investors 305

The Startup Magazine

FEBRUARY 11, 2022

The cost will vary based on how many employees there are and whether those workers have accounting degrees or other professional certifications. How will my business be structured? What is the nature of my client base (individuals, businesses, government entities)? How to Maintain Client Satisfaction?

Technical Review 167

Technical Review Business Plan Networking Employee 167

The Startup Magazine

JULY 31, 2020

This includes startup manufacturers that need to understand the long term impacts of their business plans. A wastewater treatability study examines the wastewater produced by a business and determines the most appropriate method of treatment, while accounting for cost, process, regulations, and environmental limitations.

Government 165

Government Demand Analytics Business Plan 165

YoungUpstarts

MARCH 22, 2019

Stay compliant with ATO and government legislation through automated updates to tax and payroll processes. Unless you are taking over an established enterprise and have hefty cash resources, it is likely that you will require a loan to get the business on its feet. Provide real-time stock and inventory levels. Automate data processing.

Software Review 176

Software Review Due Diligence Startup Stock 176

Steve Blank

SEPTEMBER 5, 2018

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. And if their initial guesses were wrong, they needed a process that would permit them to change early on in the product development process when the cost of changes was small – the famed “pivot”.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

OCTOBER 12, 2020

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. It won’t work, it costs time and money, and hurts your credibility when you need them later. The first step toward a business with any idea is to write it down, and build a business plan around it.

Incubator 429

Incubator Startup Exit Strategy Institutional Investors 429

YoungUpstarts

JULY 5, 2020

Business Visitor Visa. Business Planning. What Makes Canada An Attractive Investment/Business Destination? Successfully starting a business in Canada is a milestone for business owners who understand the amazing opportunities that await them. Low Cost of Doing Business. Investor Visa.

Canada 264

Canada North America Intellectual Property Asia 264

Up and Running

APRIL 12, 2010

Scene: two MBA entrepreneurs in an almost-empty room, pitching to five judges in an MBA-level business plan contest. All three of the others were strong business plans, with good product-market possibilities, strong technologies, and strong management. “Is there any precedent for margins that high?

Business Plan 78

Business Plan Louisville Oregon Arkansas 78

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

ReadWriteStart

JUNE 1, 2020

For these businesses, it is imperative to get funding from the start without which the company cannot be set up. It is going to cost a lot of money just to get the initial batch of products to test the market and would definitely require external funding. Government programs. You can get a personal loan without a business plan.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

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. If you new vehicle costs too much, people take the bus. Utility of alternative solutions.

Differentiation 220

Differentiation Framework Equity Business Plan 220

Startup Professionals Musings

SEPTEMBER 8, 2018

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

Technical Review 215

Technical Review Intellectual Property Early Stage Global 215

Steve Blank

MAY 9, 2017

In the 1970’s, 80’s and 90’s, momentum shifted to the enterprise as large businesses supported innovation in PCs, communications hardware and enterprise software. Government and the enterprise are now followers rather than leaders. and there were no books, blogs or YouTube videos about entrepreneurship. The founders.

Restful 238

Restful Silicon Valley Puerto Rico San Jose 238

Up and Running

JULY 28, 2022

A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. The size standards are different for each industry and are defined by the government body established to oversee such matters. According to the U.S. Develop a founders agreement.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

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. Actively seek out government and local incentives.

Dilution 404

Dilution Incubator Bootstrapping Government 404

Startup Professionals Musings

OCTOBER 22, 2018

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. Products requiring changes to government regulations. If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. You need a big differentiator in these arenas.

New York City 202

New York City Silicon Valley Bootstrapping Technical Review 202

The Startup Magazine

MARCH 7, 2024

Plan Long Term It seems obvious that every company should have a business plan, yet experiencing sudden growth can affect these plans and too many entrepreneurs are eager to leap ahead without considering how it could affect the business. You have a detailed plan for what to do and you can stick to it.

Startup 145

Startup Forecast Social Media Cost 145

Gust

APRIL 27, 2014

I’m continually amazed at the number of entrepreneurs who go for months into a new business without really keeping a formal record of money spent or assets acquired. Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

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. If you new vehicle costs too much, people take the bus. Utility of alternative solutions.

Differentiation 378

Differentiation Framework Equity Business Plan 378

Startup Professionals Musings

JANUARY 18, 2021

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Startup Professionals Musings

JUNE 12, 2015

Thus founders seeking funding for a good cause or a new technology often seize on grants from universities, government agencies and philanthropic organizations as free money to solve their problems. Of course, nothing is really free in the business world. Enhance your business plan and marketing with these in mind.

SBIR 120

SBIR Equity Technical Review Early Stage 120

Startup Professionals Musings

APRIL 16, 2023

For new product startups, search engine marketing (SEM) is still one of the most cost-effective and scalable lead-generation approaches. This is still one of the best vehicles if your business has a small, well-defined purchasing audience as do government agencies or medical establishments. Cold calling. Marty Zwilling

Lead Generation 285

Lead Generation SEM Viral Marketing 285

Startup Professionals Musings

APRIL 3, 2016

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

Startup Professionals Musings

NOVEMBER 14, 2010

The value proposition is a short statement that clearly communicates the target customer, the customer’s problem and the pain that it causes, the unique solution that addresses this problem, and the net benefit of this solution (value derived versus relative cost) from the customer's perspective. Proposition. Partnership.

Intellectual Property 265

Intellectual Property Balance Sheet Phoenix Arizona 265

Up and Running

NOVEMBER 26, 2018

Most healthy businesses need business financing at some point. Startups have to deal with starting costs and ongoing businesses have to finance growth and working capital. Financing options depend on what kind of business you have. Actually, banks don’t finance business startups. Actually, they don’t.

SBA 161

SBA Venture Capital Angel Investor Technical Review 161

Board Effect

JUNE 9, 2021

Most applicants for startup business grants seek funds for projects with specific parameters and measurable outcomes. For example, a homeless shelter that applies for a grant to cover the cost of food items to feed the needy — and gets it but uses those funds to pay for staff to prepare and serve the needy — may be guilty of fraud.

Government 78

Government Technical Review SBA Angel Investor 78

Up and Running

AUGUST 29, 2014

Consider a venture feasibility study as a start on a business plan if the idea looks profitable. A major cause of business failure is not having enough cash available to cover all startup costs and operate for at least a year. Recordkeeping and tax preparation are required in all businesses.

Small Business 87

Small Business CPA Government North America 87

Startup Professionals Musings

JULY 18, 2014

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

Technical Review 266

Technical Review Intellectual Property Early Stage Global 266