Up and Running

SEPTEMBER 3, 2015

How easy is it to acquire a customer, and how much will it cost? How much money and effort will it cost to deliver value? Estimate your basic expenses and forecast sales to ensure that you can make a profit with your business. Choose a name for your business or choose a brand name you know you can trademark.

Elevator Pitch 60

Elevator Pitch Startup Balance Sheet Forecast 60

Up and Running

NOVEMBER 12, 2018

Name the other subscription boxes that appeal to your niche. A competitive matrix lists the company names down the left column and particular features across the top row. With the total cost of each box in hand, calculate a price with at least a 40 percent profit margin, as suggested by CrateJoy. Startup costs.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Startup Professionals Musings

AUGUST 13, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Rest assured that potential investors will ask for names, and place some calls. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want. Exit strategy.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

FEBRUARY 13, 2016

The business model has to clearly define who is your customer, market penetration expected, how much customers pay versus total costs and the investment required to sustain cash flow. Name the three top ones, and present your sustainable advantage as well as barriers to entry for new startups.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

MAY 13, 2011

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Rest assured that potential investors will ask for names, and place some calls. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want. Exit strategy.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

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

Gust

AUGUST 5, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Rest assured that potential investors will ask for names, and place some calls. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want. Exit strategy.

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. Rest assured that potential investors will ask for names, and place some calls. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want. Exit strategy.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Up and Running

MAY 22, 2018

An MVP or a minimum viable product is a scaled-down, cheaper (cost-wise) version of your full product. Say their name, age, gender, location, occupation, income level, interests, and so on. Demonstrating to investors that you have a handle on key business metrics as they relate to your business model and forecast is essential.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90

David Teten

SEPTEMBER 23, 2017

Sources like Crunchbase , Angel List , and Seed Invest even give this data away for free or very low cost. It seamlessly creates a deal folder (company name) in our Google Drive, and notifies us that a new deal has entered the pipeline via Slack.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Steve Blank

OCTOBER 1, 2009

Sloan put in place GM’s management accounting system (borrowed from DuPont) that for the first time allowed the company to: 1) produce an annual operating forecast that compared each division’s forecast (revenue, costs, capital requirements and return on investment) with the company’s financial goals. What happened to him?

Silicon Valley 179

Silicon Valley United States RSS Customer Development 179