article thumbnail

8 New Business Keys To Success For Real Entrepreneurs

Startup Professionals Musings

Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever.

article thumbnail

8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Sell Your Business For Maximum Profit And Why It’s Best To Sell When Business Is Thriving

YoungUpstarts

If established and well documented, they can be used to demonstrate how efficiently and orderly a business is run, increasing what your business is worth. EBITDA is the most important profitability metric to consider as many valuations are based on a multiple of this metric.

article thumbnail

Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. These usually play a role in the very early stage of your business, primarily pre-revenue. The summary is a two-pager document summarizing the overall business plan.

Startup 150
article thumbnail

Worked Up about Unrealistic Venture Capital Valuation

Growthink Blog

So, Mike tells me he wants to raise a first round of venture capital based on a $100 million valuation. Getting a $100 Million valuation is impossible for a startup. In fact, getting above a $10 Million valuation is also virtually impossible unless you have at least some traction (e.g., Maybe you have $1 million in revenues.

article thumbnail

8 Steps To Starting A New Venture With Limited Funds

Startup Professionals Musings

Those that do it right also have the unprecedented opportunity to join the elite ranks of 250 unicorns (relatively new companies with a current valuation of over $1 billion). These days you can create a C-corp or LLC online quickly at a low cost, to serve you well in signing partners, intellectual property, investors, and revenue.

article thumbnail

Is Going for Rapid Growth Always Good? Aren’t Startups So Much More?

Both Sides of the Table

After all, growth equals high valuations and loads of venture capital! Instant growth = huge valuation from follow-on investors = big VC mark-up on our quarterly reports = LP interest. In revenue terms our first two years of sales were $2.1 In revenue terms our first two years of sales were $2.1 And headlines. Not Google.