Up and Running

MAY 12, 2020

While many traditional jobs still can’t function remotely, or have difficulty adjusting, many entrepreneurs have found success in starting a business from home. Can I afford the cost of any adjustments that need to be made? Conduct market research. Think about an exit strategy. Is there enough physical space?

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Startup Professionals Musings

JULY 5, 2023

Some entrepreneurs start polling venture capitalists for that multi-million-dollar investment before they even have a business plan. It won’t work, it costs time and money, and hurts your credibility when you need them later. They are not trying to make money, but simply to recoup their costs over time.

Incubator 305

Incubator Startup Exit Strategy Institutional Investors 305

Startup Professionals Musings

MARCH 3, 2021

Based on my own years of experience in startups and big business, and more recently as an angel investor, I often cringe when I see one of you entrepreneurs missing a cue that I have seen work for many before you. A passionate entrepreneur I met a while back had found that a certain algae could be grown cheaply, and could end world hunger.

Exit Strategy 406

Exit Strategy Merger Angel Investor IPO 406

Startup Professionals Musings

MARCH 10, 2023

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Marketing, sales, support, and service operations. Solution development and delivery.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Startup Professionals Musings

OCTOBER 14, 2023

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Silicon Valley 257

Silicon Valley Exit Strategy Startup Business Plan 257

Up and Running

SEPTEMBER 19, 2018

Legal cannabis generated $16 billion in total economic output in the United States in 2017, and research indicates it will increase 150 percent by 2021, according to a report from cannabis industry analysts Arcview Market Research , in partnership with BDS Analytics. Target market: Who is your ideal buyer? Target market.

Business Plan 154

Business Plan Technical Review Forecast Exit Strategy 154

Startup Professionals Musings

OCTOBER 12, 2020

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. It won’t work, it costs time and money, and hurts your credibility when you need them later. They are not trying to make money, but simply to recoup their costs over time.

Incubator 429

Incubator Startup Exit Strategy Institutional Investors 429

Startup Professionals Musings

AUGUST 23, 2021

Most aspiring entrepreneurs I know are just waiting for that unique idea to strike them that will kickstart their new venture, put them in control of their lifestyle, achieve financial independence, and maybe even change the world. You need complementary skills for marketing, financials, and operations.

Startup 399

Startup Exit Strategy Cofounder Equity 399

Startup Professionals Musings

JANUARY 31, 2021

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Silicon Valley 342

Silicon Valley Exit Strategy Business Plan Restful 342

Up and Running

JANUARY 2, 2013

I’ve seen too many entrepreneurs think, “oh, I know my business inside and out – pitching will be a breeze!” I’ve also seen many entrepreneurs crash and burn when delivering their investor pitch – and ramble on and on. How much will it cost? ” Good luck! How will you measure success?

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

Up and Running

AUGUST 28, 2018

Target market: Who is your ideal patient? Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Target market. A formal market analysis can help verify that there’s a need for your particular practice in your intended location. . Marketing and sales plan.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

NZ Entrepreneur

NOVEMBER 14, 2019

For example, startups often do not register their trade marks because they have an exit strategy in mind—an exit strategy that will see their business absorbed into a large organisation with its own trade mark protected house brands already in place. appeared first on NZ Entrepreneur Magazine.

Intellectual Property 45

Intellectual Property IP Software Review New Zealand 45

Startup Professionals Musings

MARCH 12, 2021

You should plan an exit strategy, and optimize your activities and timing to get top dollar. The critical tasks , which require professional skills, include packaging the business, actively marketing it, negotiating terms, and due diligence. Not getting a signed non-disclosure before negotiating can cost you dearly in value.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

Up and Running

JULY 15, 2016

Despite the recent economic downturn, the market potential is enormous, the entrepreneurial spirit in China is high, and the country is inevitably going to increase its global influence thanks to its economic vitality. and for European companies—China has already become the second most important export market after the U.S.

China 60

China Entrepreneur Technical Review Framework 60

Startup Professionals Musings

NOVEMBER 4, 2011

A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. Every entrepreneur needs a professional business plan for their own use, whether they intend to seek investor funding or not.

Intellectual Property 249

Intellectual Property Angel Investor Technical Review Elevator Pitch 249

Berkonomics

JUNE 22, 2023

Ten tests for your business success: Is your market identifiable and accessible? Test yourself as to whether you can identify the size of your market niche, and whether you can overcome the many barriers to access customers within your niche. How large a total market? Can you dominate that market?

Exit Strategy 114

Exit Strategy Technology Revenue Conversion 114

Austin Startup

OCTOBER 23, 2019

In his book, Secrets of Sand Hill Road, he explains exactly how VC’s decide where and how much to invest, and how entrepreneurs can get the best possible deal while making the most of their relationships with VC’s. The unit cost fell and this idea of pay as you go. Those two things dramatically changed the business."-

Fractional VPE 49

Fractional VPE Austin Artificial Inteligence Fractional CTO 49

Startup Professionals Musings

JUNE 15, 2013

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. It won’t work, it costs time and money, and hurts your credibility when you need them later. They are not trying to make money, but simply to recoup their costs over time. Marty Zwilling.

Incubator 256

Incubator Entrepreneur Exit Strategy Institutional Investors 256

Startup Professionals Musings

JULY 5, 2011

Many entrepreneurs still dream of “going public,” making billions of dollars, and playing with the big boys. They don’t realize that this option would likely be their worst nightmare, since it costs millions for the road show, usually dilutes your equity to a tiny fraction, and takes away all your entrepreneurial control.

Exit Strategy 235

Exit Strategy IPO Investment Bankers Entrepreneur 235

Startup Professionals Musings

FEBRUARY 25, 2023

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Yet one of the first things a potential equity investor asks about is your exit strategy. Here are three important reasons for the question: Good investment paybacks normally require an exit event.

Exit Strategy 264

Exit Strategy Private Equity Equity Technical Review 264

Startup Professionals Musings

SEPTEMBER 23, 2010

A conundrum for many frustrated entrepreneurs is that they need money from investors to design and build a prototype product, yet most angel investors expect to see at least a prototype before they invest. Every entrepreneur needs a professional business plan for their own use, whether they intend to seek investor funding or not.

Angel Investor 224

Angel Investor Intellectual Property Technical Review Elevator Pitch 224

Startup Professionals Musings

DECEMBER 28, 2018

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. It won’t work, it costs time and money, and hurts your credibility when you need them later. They are not trying to make money, but simply to recoup their costs over time.

Incubator 236

Incubator Exit Strategy Institutional Investors Angel Investor 236

Startup Professionals Musings

AUGUST 8, 2016

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Thus I was pleased and a bit surprised to see a new book, “ The Purpose Is Profit ,” by Ed “Skip” McLaughlin, an entrepreneur who has both succeeded and failed in starting multiple businesses.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Startup Professionals Musings

MAY 25, 2020

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Yet one of the first things a potential equity investor asks about is your exit strategy. Here are three important reasons for the question: Good investment paybacks normally require an exit event.

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

Duct Tape Marketing

APRIL 18, 2024

Gain Freedom With The Hands Off CEO Blueprint written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Jantsch In this episode of the Duct Tape Marketing Podcast, I interviewed Mandi Ellefson. 01:03): Hello and welcome to another episode of the Duct Tape Marketing Podcast.

Framework 64

Framework Sales Cycle Sales Hiring 64

Startup Professionals Musings

JULY 3, 2015

The visibility of Google, Facebook and a few others continues to propagate the myth that the ultimate objective of every entrepreneur should be to take their startups public via an initial public offering at the earliest opportunity. All strategy and operational moves become public. The public is not an easy master to satisfy.

IPO 120

IPO Initial Public Offering Entrepreneur Private Equity 120

Startup Professionals Musings

NOVEMBER 4, 2013

Many entrepreneurs still dream of “going public,” making billions of dollars, and playing with the big boys. They don’t realize that this option would likely be their worst nightmare, since it costs millions for the road show, usually dilutes your equity to a tiny fraction, and takes away all your entrepreneurial control.

IPO 224

IPO Founder Exit Strategy Investment Bankers 224

The Startup Magazine

AUGUST 19, 2019

Of course, number crunchers, as well as quantitative analysis, can lead you to huge profits in the stock market arena. It means making profits in the stock market goes beyond tactics. Here is how high roller stock market traders think. Think like them and be a master of your stock trading destiny as an entrepreneur trader.

Stock 99

Stock Entrepreneur Exit Strategy Marketing 99

YoungUpstarts

NOVEMBER 22, 2019

A traditional bank loan is one of the first sources most entrepreneurs turn to. Many entrepreneurs ask their friends and family to invest in their business venture. But this will cost you in terms of control. When approaching angel investors, keep your pitch to the point and always present an exit strategy.

Finance 194

Finance Small Business Angel Investor Exit Strategy 194

SoCal CTO

FEBRUARY 17, 2007

They are quite happy with a business that will turn into a profitable $20M company and dont necessarily need an obvious exit strategy. Technology Advisor Technology Roles in Startups Pricing Customer Acquisition Sunk Costs and More -. Early Stage Marketing and Branding – Farida Fotouh.

Incubator 150

Incubator Technical Cofounder Southern California Los Angeles 150

Startup Professionals Musings

JULY 27, 2018

I’m still amazed at how many technical entrepreneurs don’t have a business pitch, and offer me their product pitch or product spec instead. Here are the unique business elements that I expect to hear as a potential investor: Target market size and growth projections. Business model showing costs, pricing, and margins.

Product 145

Product Intellectual Property Liquidity Event Exit Strategy 145

Startup Professionals Musings

MAY 28, 2016

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Solo entrepreneurs, with a team of helpers, will be assumed to be a hobby rather than a business.

Exit Strategy 155

Exit Strategy Metrics Operations Cost 155

Startup Professionals Musings

AUGUST 13, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” Industry & market sizing. Avoid any statements like “All we have to do is get 1% of the market.”

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Up and Running

SEPTEMBER 3, 2015

It’s one that’s a good fit for you personally, for your target market, and for your location. Test your business idea and do market research*. Define your target market. What’s your market size? How easy is it to acquire a customer, and how much will it cost? How long will it take to get to market?

Elevator Pitch 60

Elevator Pitch Startup Balance Sheet Forecast 60

Startup Professionals Musings

SEPTEMBER 12, 2014

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Yet one of the first things a potential equity investor asks about is your exit strategy. Here are three important reasons for the question: Good investment paybacks normally require an exit event.

Exit Strategy 289

Exit Strategy Entrepreneur IPO Startup 289

The Next Web

DECEMBER 31, 2013

While entrepreneurship and startups have spread tremendously in Europe, a lot of aspiring young entrepreneurs leave Europe for the United States. Very little will stop a true entrepreneur from trying to reach his or her goals, including uprooting their entire life and moving it across the ocean to optimize their chances of success.

Europe 149

Europe Government Silicon Valley Entrepreneur 149

Startup Professionals Musings

MAY 13, 2011

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Many entrepreneurs scare away potential investors by claiming that their technology represents “truly disruptive technology.” Industry & market sizing. Avoid any statements like “All we have to do is get 1% of the market.”

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290