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Are Business Plans Still Necessary?

Both Sides of the Table

In an era of “launch and learn&# is there a need for a business plan? I have seen really great product people espouse the death of the business plan. So, definition: when I talk about a business plan I’m not talking about a 40-page Word document outlining your market approach.

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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

During the Cold War with the Soviet Union, science and engineering at both Stanford and U.C. 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. Today the U.C.

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6 Keys To Sizing Your Market For A New Business Plan

Startup Professionals Musings

They don’t realize that business projections with no third-party validation have no credibility with investors, and smart potential investors will walk away. Every good business plan needs an early section which sizes the total market opportunity, and then breaks down that total into the most relevant segments for your focus.

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Human Engineering and Emotional Intelligence for Startups

VC Cafe

human engineering VC Cafe Photo credit: By imaginedhorizons (Flickr). ” Question: What is Human Engineering? 3) Motivate yourself and your team – no one is going to lay out your strategy and plan for you. Set BHAGs ( Big Hairy Audacious Goals ) based upon your strengths and your business plan.

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Technical Review: A Trusted Look Under the Hood

TechEmpower

It’s written for a business leader, not an engineer. Pragmatic Assessment : An in-depth evaluation by working engineers who understand what it takes to deliver in different development situations. Expert Recommendations : Concrete next steps that working engineers believe would be appropriate to consider.

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Lean Business Planning with Tim Berry [VIDEO]

Up and Running

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.

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7 Indications Your New Venture May Not Be Investable

Startup Professionals Musings

Your startup is in a high-failure-rate business sector. On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. These historically have included work-at-home, restaurants, telemarketing and social-service providers.