Remove Equity Remove Forecast Remove Hiring Remove Operations
article thumbnail

Further Thoughts on Startup Operations

Both Sides of the Table

. “I need somebody to run operations.&# I never said you shouldn’t have a VP of Operations. I think people understand this title to mean more somebody who handles operational issues rather than somebody who is more like a “chief of staff&# as a COO often is. Dilute your cash, equity or both.

article thumbnail

Pitch Deck Month: The “Where Are You Going?” Slide

View from Seed

Projecting from the seed stage, there are two types of team-building topics you want to address – key senior hires and org-level team building. As the company progresses through product market fit (PMF), you will want to highlight other key senior hires required to scale and round out the functional expertise of the exec team.

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 Keep Your Company Alive – Observe, Orient, Decide and Act

Steve Blank

Forecasted recovery date. Operating Numbers. Sales pipeline/forecast. This plan has three parts: Pivots to your new business model, changes to your operating plan, and what initiatives you save for the recovery. Days 3 and 4: Prepare new business model and operating plan. Shelter in place yes/no? Actively buying?

article thumbnail

The Key Elements of the Financial Plan

Up and Running

Sales forecast. You’ll also list your operating expenses, which are the expenses associated with running your business that aren’t incurred directly by making a sale. Your gross margin less your operating expenses will give you your operating income: Gross Margin – Operating Expenses = Operating Income.

article thumbnail

Tips to Help you Think About Sales at Your Startup

Both Sides of the Table

When & Whom should you hire? when is the right time to hire your first sales employee? how do you forecast? how should a VC do due diligence on sales operations? 14:18 Your first hire should be someone who’s hungry and willing to work. 15:00 Hire somebody who will punch above their weight class.

article thumbnail

How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

Private equity and venture capital investors are copying our sisters in the hedge fund and mutual fund world: we’re trying to automate more of our job. High-frequency trading, algorithmic by its nature, is estimated to account for at least 50% of US equity markets trading volume. . But we’re doing it slowly.

article thumbnail

How to Plan a Business Expansion Using Your Business Plan

Up and Running

It starts with a high-level strategy and continues all the way to market analysis, sales plans, operations planning, and financial modeling. Operations, marketing, and personnel plans: You’ll outline the details of what operational costs, marketing budget, and additional positions you’ll need for your expansion to be a success.