Startup Professionals Musings

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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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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.

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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. You may have heard that venture capitalists in Silicon Valley no longer read business plans. Use non-fuzzy terms to quantify customer value.

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3 Elements Of Business Planning Drive Future Success

Startup Professionals Musings

What drives the economic engine? It is about identifying a core competence which others cannot match. It might be a patented technology, but it could also be the creativity of employees or logistic competencies of the company. It is essential to keep this financial pillar in view.

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7 Startup Proposals That May Raise Investor Red Flags

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.

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6 Ways To Get Credible Data To Support A New Venture

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.

SBA 300
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Test Your Aptitude for Business Internet Jargon

Startup Professionals Musings

See how many of the following “new” Internet concepts you recognize, and can explain in terms of value to your business. If you have heard the lingo, but most of these are not in your startup business plan, you are already in jeopardy as an entrepreneur: Blogging. Do you have a business presence there?

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