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14 Entrepreneurs Share Their Views on Writing a Business Plan or Not

Hearpreneur

5- Yes, to adapt to market changes Photo Credit: Sammi Jaeger It's helped our three Founders stay on the same page, project our roadmap of growth, and provide clarity on our goals, strategies, and financial projections, making it easier to communicate our vision to all of our stakeholders and clients.

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[Interview] Ed Rempel, Certified Financial Planner, Founder Of Unconventional Wisdom

YoungUpstarts

Entrepreneurs typically have some sort of financial advisor in their back pocket when they start up, to keep them on track with issues like taxes, balancing the books and financial forecasting. Most are focused on their business, but do not have a clear exit strategy. Why/when does this side of the coin become more pressing?

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The 10 Questions I Didn’t Expect to Be Asked by Investors

Up and Running

I was expecting to be asked about my team, market segments, financial projections, go-to market strategy, exit strategy, etc. It’s actually a very good idea to have multiple budgets and financial forecasts developed in your business plan so that you can address three different growth models for scaling your business. #6

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10 Answers That Make Your Startup Plan Investable

Startup Professionals Musings

Quantify founder investments, both cash and sweat-equity. What are your forecasts for revenue, expenses and cash flow? Forecasts are evaluated as a level of commitment and a measure of your business savvy. Technically, this is your exit strategy, usually a merger and acquisition (M&A) or initial public stock offering (IPO).

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

David Teten

Signal is a fundraising tool for founders run by NFX Guild, which identifies the most relevant VCs for you. . I also am excited to see how vendors like Stackshare and Stacklist are helping founders identify the right tech tools for their business. Pitchbot.vc is an AI bot which helps companies refine their sales pitch to VCs.

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Dragons, Bootstrapping and Women in Tech

Up and Running

” For Lindsay Nelson, CEO and co-founder of Theme Dragon, Inc that opportunity was founding a tech company. And this isn’t just for your business, but as many startup founders know, your personal finances can matter just as much (especially if you aren’t profitable yet). How do you balance it all? Be hyper-focused.

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Durant Versus Sloan – Part 1

Steve Blank

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? Who was he?