Startup Professionals Musings

MAY 13, 2011

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Industry & market sizing. Start with the evolution of the overall industry, market segmentation, market dynamics, and customer landscape. 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

Startup Professionals Musings

AUGUST 8, 2016

By profit, I simply mean offering a product or service to customers for a price that exceeds the total costs associated with the solution, thus providing some basis for recovering sunk costs and generating a return for stakeholders. Customers typically won’t switch to a new vendor for less than a twenty percent cost advantage.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Startup Professionals Musings

AUGUST 7, 2015

Here are the motivation elements that investors expect to hear: Size and growth potential of the market opportunity. Your customers don’t care if you are targeting a billion-dollar market and growing at double-digit rates, but investors will skip small or shrinking opportunities. First to market” is not sustainable by a startup.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

Gust

AUGUST 5, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Industry & market sizing. Start with the evolution of the overall industry, market segmentation, market dynamics, and customer landscape. Avoid any statements like “All we have to do is get 1% of the market.”

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Industry & market sizing. Start with the evolution of the overall industry, market segmentation, market dynamics, and customer landscape. Avoid any statements like “All we have to do is get 1% of the market.”

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Growthink Blog

NOVEMBER 10, 2017

The business plan process involves researching your target market, as well as the competitive landscape, and serves as a feasibility study for the success of your venture. What is the company's exit strategy? The process of creating the business plan helps to minimize opportunity costs. Is the market growing or shrinking?

Business Plan 128

Business Plan Private Placement Exit Strategy Finance 128

Up and Running

MAY 1, 2014

What are you actually selling and how are you solving a problem (or “need”) for your market? Target Market. If there are multiple market segments for your business, this is where you flesh out the details. Marketing and Sales Plan. How are you going to reach your target market? Target market. Read more ».

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

David Teten

SEPTEMBER 23, 2017

The extreme example of this are algorithmic investors in the public markets, who design algorithms which trade on the designer’s behalf, as opposed to making trading decisions directly. High-frequency trading, algorithmic by its nature, is estimated to account for at least 50% of US equity markets trading volume. . 1) Market fund.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Up and Running

APRIL 28, 2015

You can talk about the current solutions in the market, but don’t spend too much time on the competitive landscape on this slide—you’ll have a chance to do that on a later slide. Slide 3: Target market and opportunity. What is the total market size and how do you position your company within the market?

Forecast 60

Forecast Hockey Stick Exit Strategy Intellectual Property 60

Up and Running

AUGUST 20, 2018

Your marketing plan. Existing businesses should have business plans that they maintain and update as market conditions change and as new opportunities arise. Existing businesses use business plans to strategically manage and steer the business, not just to address changes in their markets and to take advantage of new opportunities.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Up and Running

OCTOBER 3, 2018

Set a specific time each month to review it , comparing forecasts to actuals and revising as necessary. PARE specializes in fixing and flipping residential properties by buying homes in need of repair, renovating them, and then putting them back on the market. Target market: Who is your ideal buyer? Target market.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Steve Blank

OCTOBER 1, 2009

Top management was trying to coordinate all of the operating details (sales, manufacturing, distribution and marketing,) across all the divisions and the company almost went bankrupt that year when poor planning led to excess inventory (with unsold cars piling up at dealers and the company running out of cash.) car market.

Silicon Valley 156

Silicon Valley United States RSS Customer Development 156

Up and Running

MAY 15, 2018

Funding is crucial for improving technology, hiring the right people, and launching a comprehensive marketing strategy to get a foothold in the market. This means being able to increase profits without increasing costs at an equal (or higher) rate. Your business plan also needs to have a realistic financial forecast.

SBA 84

SBA Angel Investor Technical Review Startup 84

Startup Professionals Musings

MARCH 13, 2020

In that context, I offer the following financial projection strategies, from my own experience: Forecast a business that has plenty of room to grow quickly. Assume margins and prices that are realistic in your target market. > Market penetration and revenue targets related to opportunity size. >

Liquidity Event 308

Liquidity Event Forecast Exit Strategy Bootstrapping 308

Up and Running

NOVEMBER 12, 2018

Target market (intended customers). Marketing and sales plan. Target market : What groups of people will want your box? Opportunity: Proving there’s a market for your subscription box. Target market. If you’re writing a Lean Plan, keep it shorter and think about making it easy to revisit and revise often.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

MAY 14, 2015

A lean business plan includes four essential elements, all of them functions of general business management: Set the strategy. Use simple bullet points to define target market, business offering, underlying business identity, and long-term goals. Set tactics to execute strategy. No additional text is needed. Concrete specifics.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Entrepreneurs-Journey.com by Yaro Starak

FEBRUARY 11, 2011

In this post, I want to lay out the details involved in how I first realized the opportunity, the formation of the business idea, the search for my supplier, the establishment and growth of the business, problems encountered and lessons learned, as well as the exit strategy that resulted in the $250,000 sale of the business.

SEO 86

SEO PPC America Design 86

Up and Running

MAY 22, 2018

The ideas that I am talking about here are game-changing, have vast potential and addressable market, and can create a buzz in the industry—if and when they see the light of the day. Growth : stepping into a bigger market opportunity with expanding services or new products while maintaining constant profits. Market research.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90

The Next Web

MAY 26, 2013

Typically, this is a technology innovation, a shift in sentiment or a market landscape change. Provide customer acquisition costs. Investors want to know how much it costs you to gain a customer. Ideally, you can provide this cost per marketing channel. The answer shouldn’t be “I was born.”

Software 151

Software Forecast Startup Exit Strategy 151

Up and Running

AUGUST 16, 2017

Lots of ideas seem great until you figure out that the market doesn’t actually want your product. Avoid wasting time on a bad business plan by gauging the market sentiment toward your project before investing a significant amount of time and effort. No exit strategy for firing lazy co-founders.

Business Plan 127

Business Plan Hockey Stick Cofounder Salary 127