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Essential Skills for Building a Successful Startup

The Startup Magazine

Every startup needs financing in order to get off the ground, but maintaining a stream of income is also crucial for staying in business. While you don’t have to be a financial professional, understanding the basics of business finance is still important for tracking your budgets and overall financial performance.

Startup 109
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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.

Lean 60
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4 Things I’ve Learned As An Entrepreneur Right Out Of College

Up and Running

Go lean with your planning. Finally, in startup culture, few care about your 40-page business plan they made you create in business school. Chances are that by the time it’s done printing, it could be outdated with a new idea or new information you have about your business. That’s the tricky part.

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How To Avoid Death By Business Plan

YoungUpstarts

That beautifully written, meticulously mapped-out business plan might be the problem. Ask any MBA instructor what you need to get an idea off the ground, and you’ll probably be told to create a business plan. Setting out without any kind of game plan can lead to chaos. No company’s growth follows a business plan.

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7 Attributes of An Entrepreneur's Startup Dream Team

Startup Professionals Musings

In my angel investor mode, I often find myself flipping to the “management” section of a business plan, even before I read the solution description and opportunity. Even if your product is a technological marvel, I look for balanced strength on the team in finance, marketing and operations.

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6 Keys To Recognizing Business Bubbles Ready To Burst

Startup Professionals Musings

In finance, a bubble is too much money chasing assets, greater asset production and a herd mentality. In startup business plans, a bubble is too many entrepreneurs and too many investors chasing the latest “next big thing,” like Google search engine, Facebook social network, or Amazon e-commerce site. Overconfidence.

Demand 362
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Financing Acquisitions: Keys to Structuring the Deal And Obtaining The Funding

YoungUpstarts

Think of financing an acquisition as an exercise with two parts that work in concert: 1) structuring a desired deal with a suitable target and 2) obtaining the funding. A desired deal is one that is engineered specifically with the big picture in mind. And, namely, they pique the interests of those in the private capital markets.