Startup Professionals Musings

AUGUST 31, 2012

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. Traction means forward progress.

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Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Startup Professionals Musings

AUGUST 13, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Funding requirements. Include a current valuation estimate.

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Startup Professionals Musings

JUNE 17, 2011

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. Traction means forward progress.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Startup Professionals Musings

MAY 13, 2011

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Funding requirements. Include a current valuation estimate.

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Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Up and Running

NOVEMBER 20, 2018

This article is part of our Business Startup Guide —a curated list of our articles that will get you up and running in no time! Starting up a business requires a lot of different steps. Use tools that can help you manage the challenging aspects of your business. Sometimes we engage in such behaviors just to procrastinate.

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Sweat Equity Startup Lean Italy 93

YoungUpstarts

SEPTEMBER 23, 2017

We all decided right away that we’d put in our own money and sweat as equity. While starting out as an entrepreneur, you won’t have enough cash or experience to start and run a start up on your own, so you may believe it’d be best to include others with more experience to guide you in the direction you’re heading.

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Startup Professionals Musings

MAY 22, 2010

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction to investors, as well as your team: Document your business plan. Tags: entrepreneur traction startup investors business.

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Intellectual Property Sweat Equity CTO Hire Fractional CTO 222

Gust

AUGUST 5, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Funding requirements. Include a current valuation estimate.

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Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Funding requirements. Include a current valuation estimate.

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Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Up and Running

DECEMBER 23, 2019

To help you better understand your choices — and learn how others have tackled the challenge — we asked a panel of Young Entrepreneur Council members the following questions: When you first started your business, how did you fund it? Plenty of entrepreneurs take out loans and choose that route. Sweat Equity. “I

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Startup Professionals Musings

FEBRUARY 28, 2010

I always love to get questions from my readers, and I answer them all, but sometimes I feel like the “Dear Abby’ for entrepreneurs. Here are some real cases: Dear StartupPro, I am a minority looking for funding for a Home HealthCare Service business. Where to start for funding and does a business plan differ?

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Startup Professionals Musings

APRIL 6, 2016

According to many experts , over 90 percent of successful businesses currently start this way. With one of the new free tools and a dose of sweat equity, you can create a website for almost nothing -- and you are on your way to success with ecommerce, your latest invention or personal services.

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Startup Professionals Musings

FEBRUARY 13, 2016

Entrepreneurs who are looking to attract investors need to develop and pitch a plan -- preferably written -- that answers every potential investor question about your startup before it is asked. What is the business problem you are solving? Quantify founder investments, both cash and sweat-equity.

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chrischandler.name

NOVEMBER 1, 2010

Starting a business is no small feat and you will certainly need all the help you can get to bring your idea to life. You will require money if you plan on developing software. If you’ve considered finding and asking a developer for his or her time in exchange for sweat equity, I’m going to strongly advise you against it.

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Up and Running

JUNE 23, 2015

The business model is innovative and unique, and the business itself serves as a fantastic “how to” example for entrepreneurs looking to start a social, mission-driven business. “It took an enormous investment of sweat equity on both our parts,” Allyson admits.

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Up and Running

FEBRUARY 12, 2019

I’ve heard many entrepreneurs deliver their pitch as if they’re auctioning off their grandmother’s antiques. It must be because they think they need to address every aspect of their business plan in one fell swoop, but doing so makes them seem anxious, tense, and nervous. Pare it down to the essentials. Show your darn product!

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Business Plan Blog

NOVEMBER 15, 2013

The most important principle of startup fundraising that every entrepreneur needs to know is: raise enough capital to achieve a set of milestones that will allow the company to attract the next round of investment. Business Plan. Ideally, you will have a business plan with complete market research and a financial model.

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Up and Running

AUGUST 19, 2014

The famed venture capitalist Peter Thiel once declared that the salary an entrepreneur collects from their startup is about a lot more than dollars and cents—it sets the precedent for the guiding force behind the company, among both internal staffers and equity shareholders. Do you have any advice for other entrepreneurs?

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Berkonomics

OCTOBER 15, 2020

Investors love it when entrepreneurs draw little or no money from their startups. What are you worth to the business? But when forecasting the ultimate viability of a business, many times an entrepreneurial founder uses a low, unsustainable salary rate for him or herself in order to show early breakeven. A “messy” solution.

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Up and Running

MAY 30, 2013

Starting up a business requires a diversity of assets. First-time entrepreneurs often feel anxious when they think about all the factors that must play a role if their ideas are ever to get off the ground. People who talk like this have little knowledge or practical experience of business.

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Up and Running

JULY 10, 2018

own their own business —it’s actually the fastest growing segment of entrepreneurs, so if you’re a mom with dreams of being self-employed or starting your own business, you’re in good company. As you navigate the world of being a business owner and juggling the demands of home and family, here are a few tips to keep in mind.

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Up and Running

JANUARY 24, 2014

I’ve heard many entrepreneurs deliver their pitch as if they’re auctioning off their grandmother’s antiques. It must be because they think they need to address every aspect of their business plan in one fell swoop, but doing so makes them seem anxious, tense, and nervous. Pare it down to the essentials.

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Sweat Equity Churn Rate Forecast Business Model 138

Campus Entrepreneurship

JUNE 21, 2010

A solid entrepreneurship article that all entrepreneurs can learn from about the importance of balance in growing and measuring a new venture. BTW, he points to a documented business plan right up front. Investors like to see that you have committed personal funds as well as sweat equity.

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www.virtuosimedia.com

MARCH 8, 2012

Here’s a typical situation that goes awry: An entrepreneur has an idea for something online and after talking to a few friends who like it, decides to try to turn the idea into a business. The situation becomes even worse if there is no marketing plan or budget. This is where it starts to fall apart. Red Flags Galore.

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Tim Keane

APRIL 12, 2006

Ten questions the entrepreneur should ask the (prospective) investor. If they’re making it as part of a group that the entrepreneur likes, fine. If they are “solo,” though, the entrepreneur will want to know a lot about their attitudes and expectations, especially when things go wrong. » April 12, 2006.

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Up and Running

JUNE 26, 2017

Starting a business takes a lot of preparation, and you have to do the work. So many entrepreneurs have great ideas, yet what they need is an actionable plan for getting to the next level. But hype isn’t a reason to start a business. Why do you want to start a business? Is there actually a market for your business?

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grasshopperherder.com

FEBRUARY 19, 2011

I would argue that there is NO circumstance where you can’t have a frank discussion about your business model, your competitors, and your future business that requires an NDA right off the bat. No VC is going to take a meeting with an entrepreneur who requires an NDA first unless that entrepreneur is Jobs, Zuck, etc.

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Cofounder NDA Founder Sweat Equity 47

Startup Professionals Musings

APRIL 2, 2013

I’ve written about these before, but since I see them so often, I thought it might be worth reiterating: “Business plans are for dummies.” Some startups think business plans are only for investors. In reality, you should do a business plan primarily for yourself, as it forces you to think through all the elements.

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Sweat Equity Intellectual Property Entrepreneur Viral 277

Women Entrepreneurs Can

MAY 9, 2019

During the early days, these are your key contributors and they must be willing to put as much sweat equity into the organization as you are. It’s crucial to have the trust in your team- no matter how small- and that you know they’re committed to your business concept. You Trust Your Team. Solid Organizational Processes.

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Small Business Force

OCTOBER 14, 2016

Whether you’re a startup entrepreneur seeking capital to launch and scale your initial business concept or you’re a small business owner looking to fund growth for your existing business, there are some key criteria that, virtually, all investors use when evaluating an investment. Cash flow, loans, etc.

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Startup Professionals Musings

FEBRUARY 24, 2012

It’s always painful when a startup fails, but as a mentor to founders I would hope that you can learn from these failings and not stumble on the same issues: “Business plans are for dummies.” Some startups think business plans are only for investors. Entrepreneurs who utter this line are kidding themselves.

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Sweat Equity Intellectual Property Startup Viral 238

Startup Professionals Musings

JANUARY 24, 2011

I’ve written about these before, but since I see them so often, I thought it might be worth reiterating: “Business plans are for dummies.” Some startups think business plans are only for investors. In reality, you should do a business plan primarily for yourself, as it forces you to think through all the elements.

Sweat Equity 246

Sweat Equity Intellectual Property Viral Social Network 246

Startup Professionals Musings

JANUARY 24, 2010

It’s always painful when a startup fails, but as a mentor to founders I would hope that you can learn from these failings and not stumble on the same issues: “Business plans are for dummies.” Some startups think business plans are only for investors. Entrepreneurs who utter this line are kidding themselves.

Sweat Equity 130

Sweat Equity Intellectual Property Startup Viral 130

techcrunch.com

FEBRUARY 19, 2010

The businesses, it seems, vastly over-estimate their ability to raise funds. Meanwhile, the VCs surveyed indicated that their firms are only doing a few deals every six months and go through one hundred business plans to close one deal. in britain your considered an entrepreneur if you start a corner shop, which isnt good.

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