Startup Professionals Musings

NOVEMBER 7, 2014

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans are a waste of time. They cite sources like the BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this Forbes article. You need money, and plan to do crowdfunding.

Business Plan 274

Business Plan Technical Review Angel Investor Due Diligence 274

Startup Professionals Musings

AUGUST 14, 2020

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Browse the business section of your favorite bookstore. Conduct your own customized market research.

Business Plan 393

Business Plan Marketing SBA Venture Capital 393

Both Sides of the Table

NOVEMBER 3, 2009

There were tons of young entrepreneurs showing their latest Web 2.0 The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. In an era of “launch and learn&# is there a need for a business plan? Do so at your peril.

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

YoungUpstarts

SEPTEMBER 19, 2017

by Bob Adams, serial entrepreneur and founder of BusinessTown.com. You might be thinking that a business plan doesn’t make any sense for your small new enterprise. After all you are not planning on trying to get even a bank loan, let alone venture capital. Then think about how you are going to market your business.

Business Plan 151

Business Plan Startup Venture Capital Differentiation 151

Startup Professionals Musings

MARCH 3, 2023

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Business Plan 280

Business Plan Product Architecture Business Model 280

Startup Professionals Musings

JULY 1, 2020

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. You expected the difficulty of finding funding, but you never expected it to go so fast into unanticipated expenses, inventory, support, and marketing. Scaling a business is hard.

Due Diligence 306

Due Diligence Entrepreneur Startup Acquisition 306

Startup Professionals Musings

MAY 8, 2016

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Business Plan 120

Business Plan Product Architecture Startup 120

The Startup Magazine

APRIL 12, 2021

There are several profitable tech startup ideas for entrepreneurs in 2021. Since the COVID-19 outbreak, an increasing number of companies have been relying on technology to conduct business in remote settings. As an entrepreneur with a tech background, you need to know which startups are projected to be the most profitable this year.

Technical Review 115

Technical Review Software Review Application Development Entrepreneur 115

Startup Professionals Musings

AUGUST 11, 2013

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. First of all, Seth Godin pointed out a few years ago that viral marketing does not equal word-of-mouth. Seed viral activity.

Viral 249

Viral Marketing Entrepreneur SEM 249

Hearpreneur

DECEMBER 15, 2023

With so many entrepreneurs pursuing their ideas and connecting with other professionals who can help them bring those ideas to fruition, it is safe to say that next year looks promising for entrepreneurs of all backgrounds. 2023 has presented it's own set of challenges but it has also been an year of opportunity.

Software Review 116

Software Review Entrepreneur Technical Review Algorithm 116

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

MAY 20, 2019

Writing a business plan can help make sure Office Space doesn’t feel relatable [ source ]. If you’re coming up with a business plan for a new venture, there’s a good chance you can relate to this scene. Perhaps it represents what drove you to become an entrepreneur in the first place.

Business Plan 92

Business Plan Angel Investor Partner Naming 92

ReadWriteStart

MARCH 7, 2022

Whether you’re managing a digital business or a brick-and-mortar storefront, marketing is a practical necessity. Marketing is the way to raise visibility and awareness of your brand, and the only reliable path toward multiplying your audience overall. Marketing Difficulty Is Growing. Why is this the case?

Marketing 198

Marketing Advertising Metrics Technical Review 198

Startup Professionals Musings

OCTOBER 6, 2023

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. In reality, it is nothing more than a final integrity check on all aspects of the business and the team. Traction in the marketplace.

Technical Review 296

Technical Review Due Diligence Term Sheet Bankruptcy 296

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. To secure your funding, you must establish the feasibility of your idea through proper planning and implementation. You can get a personal loan without a business plan.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Steve Blank

MAY 17, 2010

Last week one of the schools I teach at invited me to judge a business plan contest. I suggested that they first might want to read my post on why business plans are a poor planning and execution tool for startups. At best I think business plan competitions are a waste of time.

Business Plan 312

Business Plan Business Model Customer Development Deal Flow 312

The Startup Magazine

FEBRUARY 19, 2019

Startups with a solid business plan and great pitch deck have a far greater chance of gaining investment. In this essay by one of Mercia’s Fund Principals, Ian Wilson, Ian talks about the sorts of things he and the team are looking for when plans come to them for review. Writing a plan does not need to be a daunting task.

Business Plan 93

Business Plan Technical Review Initial Public Offering Due Diligence 93

Startup Professionals Musings

FEBRUARY 12, 2023

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Hearpreneur

FEBRUARY 18, 2024

Here are the various ways entrepreneurs and business owners stay motivated in business. #1- Networking with other entrepreneurs and engaging in constant learning also play a significant role in sustaining my motivation. Sharing experiences and insights with peers provides fresh perspectives and new ideas.

Entrepreneur 113

Entrepreneur Jordan Networking AJAX 113

Startup Professionals Musings

FEBRUARY 14, 2022

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

Up and Running

DECEMBER 11, 2019

Did you know that December is National Write a Business Plan Month? If you’ve been putting off writing your business plan—there’s not enough time, the financials are too complicated—it’s not too late to cross it off your list before the new year. Spend X time doing market research (or getting customer feedback).

Business Plan 95

Business Plan Lean Software Review Early Stage 95

NZ Entrepreneur

APRIL 22, 2020

Stepping away from the day-to-day running of a business may seem impossible when business is running as usual, but with this enforced lockdown it is giving owners and managers the chance to not only reflect on their own performance, but look at key areas for business improvement. Launching the plan. Key Areas to Focus On.

Business Plan 52

Business Plan Technical Review Advertising Product 52

Steve Blank

MARCH 3, 2015

Berkeley Haas Business School is a leader in entrepreneurship education. It has replaced how to write a business plan with hands-on Lean Startup methods. The final deliverable for that class was a 30-page business plan. We had multiple business plan competitions. Today the U.C. And there it was.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

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

Startup Professionals Musings

MAY 17, 2020

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Startup Professionals Musings

OCTOBER 15, 2022

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. As with most business and personal interactions, first impressions tend to become lasting ones. Others send investors email and business plans in all uppercase or no punctuation.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

Up and Running

AUGUST 30, 2021

The outdoor industry wasn’t helping itself, so he did what all entrepreneurs do: start a business to solve the problem. It’s difficult to be an entrepreneur — whether you’re a recent college graduate or have managed multiple companies. It’s why the average age of an entrepreneur is 42 years old. Solve the rest later.

Entrepreneur 132

Entrepreneur Lean Colorado Engineer 132

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 Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right. Marty Zwilling.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

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. As always, in business, form follows function.

Technical Review 72

Technical Review Software Review Business Plan Development Team Review 72

Startup Professionals Musings

DECEMBER 6, 2014

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. As with most business and personal interactions, first impressions tend to become lasting ones. Others send investors email and business plans in all uppercase or no punctuation.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

Startup Professionals Musings

NOVEMBER 28, 2020

In my view, starting a new business has never been easier, and according to reports from the Kauffman Foundation , the numbers are here to show it. The rate of new entrepreneurs increased between 2013 and 2019, from 280 out of 100,000 to 310 out of 100,000 of the adult population.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Up and Running

MAY 9, 2018

That’s the moment when many entrepreneurs realize that getting the help of a professional business plan writer can take their business concept from daydream to day job. Another vital question to consider at this stage is, what makes your business idea or model unique ? Target market. Who are you?

Business Plan 71

Business Plan SBA Software Review Small Business Administration 71

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

Up and Running

JANUARY 29, 2019

Though you may be tempted to immediately throw yourself into your new small business, don’t forget a crucial element: creating a business plan. Yes, the words “business plan” might trigger some dread about epic documents that take a ton of time to produce—but that’s not necessarily what a business plan needs to be.

Lean 64

Lean Business Plan Revenue Forecast 64

Hearpreneur

APRIL 9, 2023

With new technology emerging, we can only imagine the changes it will bring along to the business platform. 6- Greater accessibility Photo Credit: Alice Hall Technology has the potential to help firms expand their customer base and enhance their overall market share. Thanks to Marco Scanu, Visa Business Plans ! #10-

Technical Review 100

Technical Review Artificial Inteligence Technology Entrepreneur 100

Up and Running

NOVEMBER 19, 2015

We all want the best for our babies—and our business plans! Nearly all businesses, whether they are small or large, are comprised of intellectual property (IP) and trade secrets, which can serve as the foundation for commercial success. Examples of IP and trade secrets include but are not limited to: Business plans.

Intellectual Property 60

Intellectual Property Business Plan IP Early Stage 60