Up and Running

OCTOBER 3, 2017

This article is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! Start from the very beginning understanding that your business plan ought to be specific to your business needs and objectives. Build your plan, then organize it.

Business Plan 134

Business Plan Balance Sheet Forecast Lean 134

Startup Professionals Musings

NOVEMBER 28, 2020

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Building a minimum viable product, with customer validation.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Up and Running

MAY 17, 2016

I often use steering as a metaphor for business planning. So too with running your own business, or starting a new one. Taking steering one step further, let’s suggest that good planning, with milestones and metrics, is something like steering with the aid of a GPS. Those are classic performance metrics.

Metrics 80

Metrics Social Media Business Plan Advertising 80

Up and Running

NOVEMBER 6, 2020

Writing a business plan is an important step for any entrepreneur. But, if you’re starting a SaaS busines s, the business plan plays an outsized role because the money required to fuel growth can be much more than you would guess. marketing) and the financial plan. . Customer acquisition plan.

Business Plan 87

Business Plan Forecast Churn Rate Acquisition 87

Up and Running

SEPTEMBER 10, 2021

Many small businesses are turning to customer relationship management systems(CRM) to better understand customer wants and needs. CRM applications, often used in combination with data warehousing, eCommerce applications , and call centers, allow companies to gather and access customer information. What is CRM?

Management 116

Management Customer Software Review Technical Review 116

Steve Blank

MARCH 3, 2015

Berkeley were heavily funded to develop Cold War weapon systems. Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. We had multiple business plan competitions.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

SoCal CTO

DECEMBER 9, 2009

I just had an all-too common conversation with the founder of a startup who had spent more than a year working with a software development company who had produced a mess. The mess really comes from a developer who was willing to get started on a product that was not fully thought out. Who are the customers? Administrators?

Software Developers 292

Software Developers Software Development Developer Software 292

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

NOVEMBER 12, 2018

Lots of new box companies have trouble ironing out the kinks in their process: their customer can’t easily unsubscribe, their boxes just aren’t exciting or well-curated, and more. There are several different types of business plans that can help you stay on track. Target market (intended customers). Financial plan.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

JULY 6, 2016

Often, a business plan introduces a new technology that requires some explaining. On one hand, as a reader of business plans for investors, I see way too many business plans that ask a reader to wade neck-deep through technology to get to the business. It’s a business plan, not a term paper or thesis.

Technical Review 72

Technical Review Software Review Business Plan Development Team Review 72

YoungUpstarts

AUGUST 11, 2020

. “A goal without a plan is just a wish!” Every successful business idea had a strategically written business plan. To provide direction of business development or just to attract investors, a business plan is a roadmap toward a company’s success. . Business plan format.

Business Plan 264

Business Plan Balance Sheet Lean Forecast 264

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." Many of us are not accustomed to thinking about markets or customers in a disciplined way.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Steve Blank

SEPTEMBER 5, 2018

A version of this article first appeared in the Harvard Business Review. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. They needed to be sure that what they were building was what customers wanted and needed.

Lean 335

Lean Burn Rate Startup IPO 335

Up and Running

OCTOBER 3, 2018

What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. If you’re thinking about starting a business that buys up homes, fixes them up and then re-sells them at a profit, the first step is to write a business plan. It serves as a mini version of your entire plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Up and Running

AUGUST 21, 2014

In this webinar, we take time to discuss the different metrics that startups—and established businesses—should be tracking. You need to track pre-purchase, post-purchase, and then overall business analytics. In terms of pre-purchase, traffic and content metrics.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Startup Professionals Musings

OCTOBER 3, 2016

Investors look for entrepreneurs who surround themselves with a smart and experienced team, and use the power of the team to convert the idea to a business. Sets goals and milestones, with metrics to track progress. They define metrics for each goal, and diligently track themselves against these metrics.

Entrepreneur 266

Entrepreneur Technical Review Metrics Restful 266

Up and Running

MAY 12, 2020

Develop a Business Plan. It’s been proven that planning makes you more successful. Beyond writing a business plan to acquire funding (if that’s what you need), a business plan can help keep you on track to meet your milestones and goals. Determine what type of business plan is right for you .

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Up and Running

MARCH 17, 2022

Many business owners know and understand the value of a business plan. The business plan is a key component of the startup and fundraising process and serves as a foundation for your organization. What is a business plan? It lays out who is running the business and what the business does.

Business Plan 145

Business Plan Operations Lean Forecast 145

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. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

Steve Blank

MARCH 29, 2012

When Bob Dorf and I wrote the Startup Owners Manual we listed a series of Customer Development principles. for A Repeatable and Scalable Business Model. Pair Customer Development with Agile Development. Failure is an Integral Part of the Search for the Business Model. Not All Startups Are Alike.

Customer Development 328

Customer Development Developer Customer Cofounder 328

Up and Running

SEPTEMBER 14, 2021

Sales is all about how to get more customers, and relationship funnels prioritize establishing a genuine connection with your customers. To boost customer engagement and prepare them so that they can be presented with your offer, which will be the ideal answer to their problem at the ideal time. Build and define relationships.

Sales 152

Sales Audience Social Media Email 152

The Startup Magazine

OCTOBER 19, 2020

Today, there are many internal and external challenges that typical business faces. Similarly, customers are more knowledgeable, aware, and conscious to choose from the variety out there, which slows down the company’s revenue and growth. These metrics rely on the historical economic activity of the business.

Technical Review 153

Technical Review Forecast Analytics Social Media 153

Startup Professionals Musings

NOVEMBER 4, 2019

In my experience, the key steps I look for always include the following: Testing the idea against customers who have money to spend. Just because you think it’s a great idea doesn’t mean there is a business opportunity. Prepare your marketing story for customers and investors. Make sure your solution is defensible and unique.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Up and Running

FEBRUARY 10, 2021

A key to making this entire process much easier is to invest a little time and write a business plan. It’s true — not all investors will ask to see your business plan. Why do investors want to see a business plan? The business plan document itself isn’t what’s important to investors.

Business Plan 138

Business Plan Forecast Balance Sheet Exit Strategy 138

Startup Professionals Musings

JUNE 18, 2023

Finally you create and document your recipe (business plan). For a new business, you can provide unique ingredients, but the preparation steps in your business plan must follow a tried and true recipe for startup success: Identify a market with a real need. Don’t be afraid to test your ultimate entree on customers.

Business Plan 280

Business Plan Restful Metrics Business Model 280

Up and Running

JULY 31, 2015

This week Peter and Jonathan talk to Tim Berry, founder of Palo Alto Software, about lean business planning, strategy, tactics, specifics (milestones), and the forecast. Lean Business Planning by Tim Berry – (31:21). Preorder on Amazon.com – Lean Business Planning: Get What You Want From Your Business.

Lean 60

Lean Business Plan Forecast Software Review 60

Steve Blank

MARCH 26, 2019

It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. In my experience, I saw that most business plans don’t survive first contact with customers. As a serial entrepreneur turned educator, this didn’t make sense to me.

Lean 248

Lean Business Model Balance Sheet Video 248

Up and Running

OCTOBER 12, 2017

Do you have a plan? When Corcoran suggests you need to “…have a complete understanding of your company’s…prospects,” she’s alluding to a business plan and the potential your business has for future growth. What’s more, a formal plan doesn’t necessarily mean cumbersome. Do you regularly review your plan?

Metrics 128

Metrics Software Review Forecast Small Business 128

Startup Professionals Musings

JANUARY 30, 2017

Most people believe that the hard part is coming up with the idea, and the easy part is turning it into a business. Yet, in my experience as a mentor to entrepreneurs, the majority of failures I see are related to starting and growing the business, not developing the solution. Manage the business with metrics and goals.

Bootstrapping 120

Bootstrapping Metrics Technical Review Entrepreneur 120

A Smart Bear: Startups and Marketing for Geeks

MARCH 21, 2017

Revenue multiples, profit multiples, premium over the previous financing — these are metrics used by sellers to help determine a minimum acceptable price. It’s worth even more in the second year, in which their “do it yourself” plan would still not yet be kicking in. Startups shouldn’t act smug about this.

Balance Sheet 242

Balance Sheet Vertical Acquisition Revenue 242

Up and Running

DECEMBER 6, 2012

It starts with “Plan-As-You-Go” instead of detailed, formal business plans. Lean Planning started with Tim Berry ‘s 2008 “ Plan-As-You-Go Business Plan ” which was a new way for entrepreneurs to think about planning. The business plan should no longer be just a single event.

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Up and Running

FEBRUARY 12, 2022

Learn why the traditional way of writing a five-year business plan is often a waste of time and how to use a Lean Plan instead for smarter, easier strategic planning to establish your long-term vision. But, that doesn’t mean that you shouldn’t plan for the long term. What is a long-term plan?

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

Steve Blank

AUGUST 18, 2010

Here’s his story of when Customer Development failed. We were lucky to learn about Customer Development early on in the life of our startup. It made more sense than our 60 page business plan predicated on a B-school class and a supernatural ability to predict the future. It’s your vision damn it!

Customer Development 230

Customer Development Developer Customer California 230

YoungUpstarts

NOVEMBER 20, 2019

On the other hand, if you arrive at a VC pitch without a comprehensive understanding of the industry you’re hoping to compete in, or without a clear path to profitability or a thoughtful product-development road map, you’ll likely leave empty-handed. Do you lack the skills needed to develop a viable product? Be ready when it counts.

Technical Review 140

Technical Review Due Diligence Early Stage Differentiation 140

Hearpreneur

APRIL 9, 2023

#3- Enhanced productivity and efficiency Photo Credit: Jamie Miller Businesses stand to gain a great deal from the efficiency and productivity gains made possible by technological advancements. Data input and customer service are two examples of routine operations that could benefit from the use of automation software.

Technical Review 102

Technical Review Artificial Inteligence Technology Entrepreneur 102

Up and Running

SEPTEMBER 29, 2022

Diving into the financials, dealing with vendors, the hiring process, or a variety of other tasks—no one is passionate about every facet of business operations. The driving factor that led you to start a business. It can be the idea, the customers, the mission, the grind—whatever it is; there’s something that keeps you going.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

YoungUpstarts

AUGUST 24, 2017

Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? It is a bootstrappable model.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149