Startup Professionals Musings

SEPTEMBER 12, 2021

The size of the document should be based on your style, but 10-20 pages or slides are usually more than adequate to outline even a complex business. You need an investor, and want a document to mass-mail to everyone. Thus building a business plan ahead of time will improve your application and chances of success.

Business Plan 316

Business Plan Technical Review Angel Investor Due Diligence 316

Startup Professionals Musings

SEPTEMBER 16, 2023

The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Startup Professionals Musings

MAY 1, 2023

Because these considerations can be quite complex, very emotional, and have long-term implications, smart entrepreneurs don’t hesitate to get some legal advice at this early stage, in drawing up an agreement document to be signed by each of the cofounders.

Technical Cofounder 247

Technical Cofounder Equity Distribution Cofounder 247

Startup Professionals Musings

OCTOBER 19, 2013

The solution is to do the right job up front on requirements, document and approve specifications, and have the toughest person you know do the project management. Here are five basic rules to live by: Document the requirements. In all documents, clearly define who must sign off on content and provide business-side feedback.

Technical Review 275

Technical Review Startup Software Review Database 275

Startup Professionals Musings

MAY 31, 2023

Check yourself by documenting your own results on a daily basis. Everyone is impressed with team members who are ready to take on new challenges and always produce results, rather than being too busy and flashing a large to-do list. Businesses win and grow by achieving more results. Timely follow-up on customer and team member requests.

Flash 303

Flash Technical Review Angel Investor Social Media 303

Startup Professionals Musings

MARCH 21, 2021

Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. It doesn’t work if you don’t follow up on networking opportunities, networking referrals, and ongoing networking relationships. Investor negotiations.

Technical Review 333

Technical Review Startup Software Review Retention 333

Startup Professionals Musings

MARCH 21, 2020

Don’t send investors documents and notes that would be rejected by any high-school teacher. It’s always impressive to have stand-alone supporting documents for product specifications, sales plan details, and backup financial reports. Excuse the typos and cleanup -- I’ve been too busy to finalize.”

Technical Review 310

Technical Review Angel Investor Business Plan Social Media 310

Startup Professionals Musings

MARCH 26, 2021

They now expect a solid documented plan, with specific goals and targets based on data. Unless you sold your last startup for a billion dollars, the days are gone when you can just scratch your idea on the back of a napkin, and investors will throw money at you. The ability to make timely and fact-based decisions.

Entrepreneur 341

Entrepreneur Angel Investor Partner Software Developers 341

Startup Professionals Musings

AUGUST 9, 2020

Because these considerations can be quite complex, very emotional, and have long-term implications, smart entrepreneurs don’t hesitate to get some legal advice at this early stage, in drawing up an agreement document to be signed by each of the co-founders.

Cofounder 435

Cofounder Technical Cofounder Equity Intellectual Property 435

Startup Professionals Musings

AUGUST 28, 2019

Every business has complex and diverse dilemmas which are not specifically covered in documented procedures, so employees need clear values leadership for guidance. While codes of behavior do not guarantee an ethical culture, they do clarify desired behavior and articulate for employees what is expected of them.

Software Review 192

Software Review Offshore Leadership .Net 192

Startup Professionals Musings

NOVEMBER 28, 2020

The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Startup Professionals Musings

NOVEMBER 4, 2022

In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. If one of your cofounders has the necessary skills, your team will make the tradeoffs. The operations superstar. Hard work and attention to detail are the key.

Technical Cofounder 309

Technical Cofounder Cofounder Advisory Board Startup 309

Startup Professionals Musings

DECEMBER 30, 2020

It starts with documenting and communicating a real purpose and mission in terms everyone can get excited about. Unless you have a proven track record from a prior career, or experience leading teams in some other context, you can expect stumbles and a long learning curve to lead a team.

Intellectual Property 432

Intellectual Property Entrepreneur Technical Review Angel Investor 432

Startup Professionals Musings

SEPTEMBER 8, 2021

Formally define the scope of the problem, followed by documenting the solution alternatives from team members and experts, and a timeframe for solution. Follow a fixed process to evaluate and resolve problems. Don’t let emotions control your efforts, so first stay calm and focused.

Social Media 330

Social Media Entrepreneur Revenue Internet 330

Startup Professionals Musings

JULY 6, 2011

The solution is to do the right job up front on requirements, document and approve specifications, and have the toughest person you know do the project management. Here are five basic rules to live by: Document the requirements. In all documents, clearly define who must sign off on content and provide business-side feedback.

Technical Review 241

Technical Review Startup Software Review Database 241

Startup Professionals Musings

DECEMBER 13, 2019

Daily updates from the top and documented processes are critical. As the business operation and the team grows, regular and effective communication from key personnel is critical. New businesses often burn excessive resources working on the wrong things, or doing things the wrong way. People with the wrong tools or no training.

Technical Review 306

Technical Review Metrics Social Media Channel 306

Startup Professionals Musings

SEPTEMBER 14, 2012

The solution is to do the right job up front on requirements, document and approve specifications, and have the toughest person you know do the project management. Here are five basic rules to live by: Document the requirements. In all documents, clearly define who must sign off on content and provide business-side feedback.

Technical Review 187

Technical Review Startup Software Review Database 187

Startup Professionals Musings

MARCH 14, 2015

The solution is to do the right job up front on requirements, document and approve specifications, and have the toughest person you know do the project management. Here are five basic rules to live by: Document the requirements. In all documents, clearly define who must sign off on content and provide business-side feedback.

Technical Review 120

Technical Review Product Software Review Database 120

Startup Professionals Musings

SEPTEMBER 9, 2017

Every business has complex and diverse dilemmas which are not specifically covered in documented procedures, so employees need clear values leadership for guidance. While codes of behavior do not guarantee an ethical culture, they do clarify desired behavior and articulate for employees what is expected of them.

Software Review 166

Software Review Offshore Leadership .Net 166

Startup Professionals Musings

MARCH 10, 2023

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Startup Professionals Musings

OCTOBER 28, 2013

Every business has complex and diverse dilemmas which are not specifically covered in documented procedures, so employees need clear values leadership for guidance. While codes of behavior do not guarantee an ethical culture, they do clarify desired behavior and articulate for employees what is expected of them.

Software Review 250

Software Review Offshore Leadership .Net 250

Startup Professionals Musings

FEBRUARY 9, 2020

In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. If one of your cofounders has the necessary skills, your team will make the tradeoffs. The operations superstar. Hard work and attention to detail are the key.

Technical Cofounder 308

Technical Cofounder Cofounder Advisory Board Stock Options 308

Startup Professionals Musings

JULY 26, 2013

This is the last step of the process, where surprises in the evaluation of the management team, documentation, and personnel problems can derail the investment. Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves. Personnel situation is stable.

Technical Review 242

Technical Review Due Diligence Startup Term Sheet 242

Startup Professionals Musings

APRIL 11, 2021

Here are five of the most common examples: Failure to document a Founder agreement at the beginning. Even trade secrets need to be documented, and reasonable steps taken to keep them secret. Business plans and other documents should always be labeled as confidential. Founders ignore non-compete clauses from former employers.

Cost 363

Cost Non-Compete Accredited Investor Cofounder 363

Startup Professionals Musings

SEPTEMBER 24, 2014

Don’t send investors documents and notes that would be rejected by any high-school teacher. It’s always impressive to have stand-alone supporting documents for product specifications, sales plan details, and backup financial reports. Excuse the typos and cleanup that I’ve been too busy to finalize.”

Technical Review 299

Technical Review Entrepreneur Business Plan Angel Investor 299

Startup Professionals Musings

DECEMBER 14, 2013

She recommends phone interviews by you, by appointment, with structured questions, and you document results. All of these processes should be documented, and should explicitly include the customer buying process and perceptions as the base. Debate and adjust your offering to better match what customers want.

Revenue 263

Revenue Startup Technical Review Business Model 263

Startup Professionals Musings

OCTOBER 25, 2014

What works is a documented change request and review process, as well as quantification of resources required as well as anticipated incremental results. What works is documenting early a fact-based resourcing plan, using credible sources, with a reserve allowance of 10% for contingencies. How do I avoid scope creep?

Metrics 271

Metrics Technical Review Leadership Framework 271

Startup Professionals Musings

JUNE 29, 2012

This is the last step of the process, where surprises in the evaluation of the management team, documentation, and personnel problems can derail the investment. Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves. Personnel situation is stable.

Technical Review 245

Technical Review Due Diligence Term Sheet Startup 245

Startup Professionals Musings

APRIL 7, 2017

She recommends phone interviews by you, by appointment, with structured questions, and you document results. All of these processes should be documented, and should explicitly include the customer buying process and perceptions as the base. Debate and adjust your offering to better match what customers want.

Small Business 147

Small Business Revenue Technical Review Business Model 147

Startup Professionals Musings

MARCH 5, 2018

Don’t send investors documents and notes that would be rejected by any high-school teacher. It’s always impressive to have stand-alone supporting documents for product specifications, sales plan details, and backup financial reports. Excuse the typos and cleanup -- I’ve been too busy to finalize.”

Technical Review 157

Technical Review Angel Investor Business Plan Social Media 157

Startup Professionals Musings

JUNE 5, 2017

Find someone with complementary business knowledge, and the time to help, with your trust and respect, Document your objectives and talk often. But a real mentor will tell you what you need to hear, rather than what you want to hear. Leadership with general and domain knowledge. The grass always looks greener on the other side of the fence.

Technical Review 152

Technical Review Stealth Lean Social Media 152

Startup Professionals Musings

NOVEMBER 7, 2014

The size of the document should be based on your style, but 10-20 pages or slides are usually more than adequate to outline even a complex business. You need an investor, and want a document to mass-mail to everyone. Thus building a business plan ahead of time will improve your application and chances of success.

Business Plan 274

Business Plan Technical Review Angel Investor Due Diligence 274

Startup Professionals Musings

JANUARY 14, 2023

Document processes and build online training videos so new people can come online quickly and consistently. In other areas, once you have a documented and proven model, franchising will let you scale much faster than managing every location. A startup that is labor intensive and staff intensive is not scalable.

Hockey Stick 339

Hockey Stick Intellectual Property Non-Compete Business Model 339

Startup Professionals Musings

SEPTEMBER 10, 2018

Because these considerations can be quite complex, very emotional, and have long-term implications, smart entrepreneurs don’t hesitate to get some legal advice at this early stage, in drawing up an agreement document to be signed by each of the co-founders.

Equity 238

Equity Cofounder Technical Cofounder Intellectual Property 238

Startup Professionals Musings

AUGUST 2, 2019

Define and document the portfolio of initiatives to deliver on your strategic objectives and fulfill your production and skill requirements. Pinpoint helping and hindering behaviors related to health priority areas, such as hiring and training. Architect: Build an actionable plan and acquire delivery resources.

Technical Review 226

Technical Review Leadership Portfolio Matching 226

Startup Professionals Musings

JUNE 1, 2010

The solution is to do the right job up front on requirements, document and approve specifications, and have the toughest person you know do the project management. Here are some basic rules to live by: Document the requirements. In all documents, clearly define who must sign off on content and provide business-side feedback.

Technical Review 129

Technical Review Software Review Database Demand 129

Startup Professionals Musings

OCTOBER 8, 2018

For example, I still find businesses asking you to print, sign, and return documents by mail in lieu of digital signatures or email. Yet, I’m still frustrated by the number of business owners that haven’t updated their business-as-usual practices. In my mind, these are killing their businesses.

Technical Review 211

Technical Review Channel Social Media Metrics 211