Startup Professionals Musings

SEPTEMBER 30, 2012

I recently reviewed a good summary of the advantages and disadvantages of an IPO exit strategy for startups in a widely-used textbook “ Entrepreneurship ,” by Robert Hisrich, Michael Peters, and Dean Shepherd. Their synopsis of the key risks should make you look hard for an alternate exit strategy: Increased risk of liability.

Exit Strategy 239

Exit Strategy IPO Investment Bankers Entrepreneur 239

Up and Running

MAY 12, 2020

Think about an exit strategy. But establishing an exit strategy is another important piece that forces you to look toward the future of your business. Like the rest of your business plan, your exit strategy does not need to be set in stone. Important software: Business planning and management software.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Startup Professionals Musings

OCTOBER 18, 2023

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Exit Strategy 248

Exit Strategy Valuation Acquisition Metrics 248

Startup Professionals Musings

DECEMBER 20, 2019

Initial Public Offerings (IPO) are back as an exit strategy. Conglomerates, which were the engines of growth and vitality in the twentieth century, have proven themselves unable to innovate, and have a tarnished public image due to financial woes and poor management. The median deal size is back over $100 million.

North America 320

North America Incubator Initial Public Offering Exit Strategy 320

Up and Running

MARCH 14, 2018

Most startup teams are missing some key talent—be it marketing, management expertise, programmers, sales, operations, financial management, and so on. Remind the audience why your management team is capable of managing their investment for growth. Your exit strategy. Your financial projections.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Startup Professionals Musings

SEPTEMBER 8, 2019

An example would be getting free office space by agreeing to be the property manager for the owner. Some nonprofit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Bartering services.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

Startup Professionals Musings

JANUARY 9, 2021

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Exit Strategy 434

Exit Strategy Valuation Acquisition Metrics 434

Startup Professionals Musings

APRIL 27, 2016

Yet one of the first things a potential equity investor asks about is your exit strategy. Here are three important reasons for the question: Good investment paybacks normally require an exit event. Investors know that the fun of a startup turns into managing production processes, sales processes, and personnel in a few years.

Equity 120

Equity Exit Strategy Private Equity Startup 120

Hearpreneur

OCTOBER 5, 2018

Most small and medium-sized businesses have to deal with inventory management at various levels. Benjamin Yee is the entrepreneur behind an innovative software, EMERGE App, that makes it easy to manage the process. I didn’t set out to write an inventory management software package from scratch. Tell us your story.

Software 55

Software Management Entrepreneur Vietnam 55

Startup Professionals Musings

JUNE 26, 2020

The most common business entity used for startups is a Limited Liability Corporation (LLC), which is the cheapest and simplest to manage. Outline a viable exit strategy for you and investors. The options here include going public (IPO), merger/acquisition, liquidate, or no exit, just paying off investors.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

JUNE 2, 2013

I like the work just published by Bob Rice in “ The Alternative Answer ,” which does a great job of summarizing the investment universe, starting with the “conventional” stocks, bonds, and real estate, but moving on through more esoteric alternatives, including hedge funds, private equity, real assets, managed futures, and finally venture funding.

Cram Down 269

Cram Down Angel Investor Intellectual Property Venture Capital 269

Startup Professionals Musings

OCTOBER 14, 2023

An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business. No executive I know writes all his own contracts, but every smart one owns every one that is written for him, and understands every element. Of course, if you don’t yet understand all the elements, it’s time to learn.

Silicon Valley 257

Silicon Valley Exit Strategy Startup Business Plan 257

Startup Professionals Musings

JUNE 6, 2013

The CEO must focus on key management team hires and assume a few mistakes which need to get fixed. As one company Chairman says, "The common elements I see in first time CEO''s: a) they don''t hire fast enough, b) they don''t fire fast enough, and c) they don''t manage their board and investors well.

Technical Cofounder 219

Technical Cofounder Cofounder Startup Exit Strategy 219

Growthink Blog

DECEMBER 27, 2017

Demonstrate your team’s unique unfair competitive advantage, whether it is technology, stellar management team, or key partnerships. This gives the assurance that if management executes well, the company has substantial profit and liquidity potential. Provide a clear exit strategy. Don’t just list competitors.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Up and Running

JANUARY 2, 2013

Most start-up teams are missing some key talent – be it marketing, management expertise, programmers, sales, operations, financial management, etc. Remind the audience why your management team is capable of managing their investment for growth. Also be sure to share what skill-sets you may be missing on your team.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

Startup Professionals Musings

MARCH 10, 2023

Managing to specific goals, priorities, and a plan. Preparation and management of funding. Even if you are not requesting outside funding, I would expect a clear process for sourcing and managing the investment you plan to apply. Technologists building cool new platforms, just because they can, won’t find investor interest.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Hearpreneur

OCTOBER 10, 2023

Plus, it helps you manage your resources efficiently, sets achievable milestones, and guides you in making well-informed decisions along the way. Moreover, it's a valuable tool when you're seeking financing from investors or lenders because it demonstrates your thorough understanding of your business's potential for profitability.

Business Plan 125

Business Plan Jordan Entrepreneur Florida 125

Up and Running

SEPTEMBER 19, 2018

Team: Who is on your management team? Your funding ask and exit strategy, if applicable. Valuable strategic alliances for a cannabis company might include security staff, pharmacists, attorneys, sales associates, and store managers. Management team and qualifications. This is your value proposition. Be specific.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Startup Professionals Musings

SEPTEMBER 20, 2017

An example would be getting free office space by agreeing to be the property manager for the owner. Some nonprofit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Bartering services.

Angel Investor 132

Angel Investor Equity Technical Review Exit Strategy 132

Startup Professionals Musings

JANUARY 31, 2021

An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business. No executive I know writes all his own contracts, but every smart one owns every one that is written for him, and understands every element. Of course, if you don’t yet understand all the elements, it’s time to learn.

Silicon Valley 342

Silicon Valley Exit Strategy Business Plan Restful 342

Startup Professionals Musings

JANUARY 21, 2018

Initial Public Offerings (IPO) are back as an exit strategy. Conglomerates, which were the engines of growth and vitality in the twentieth century, have proven themselves unable to innovate, and have a tarnished public image due to financial woes and poor management. The average amount raised also increased to $175 million.

Entrepreneur 166

Entrepreneur Valuation Incubator Initial Public Offering 166

Startup Professionals Musings

MAY 2, 2012

The CEO must focus on key management team hires and assume a few mistakes which need to get fixed. As Jeff quotes from a company Chairman, "The common elements I see in first time CEO's: a) they don't hire fast enough, b) they don't fire fast enough, and c) they don't manage their board and investors well.

Founder 248

Founder Startup Exit Strategy Leadership 248

Startup Professionals Musings

AUGUST 23, 2021

I do first recommend getting some business experience, building relationships, and managing risk. If your goal is to compete with Jeff Bezos, then be prepared to manage thousands of locations and employees around the world, with all the issues to get exponential growth. What do you see as your legacy and exit strategy?

Startup 399

Startup Exit Strategy Cofounder Equity 399

YoungUpstarts

SEPTEMBER 19, 2018

A self-professed digital nomad and the founder of a software startup that provides order, purchase and inventory management, Benjamin has found an enviable match for his wanderlust with a business that allows him to work online, anywhere and anytime. It’ll be the best free advice that you can get.

South America 113

South America Software Review Thailand Vietnam 113

Board Effect

APRIL 7, 2021

Nonprofits that follow best practices for governance, risk management, and financial responsibility are less likely to engage in irresponsible or unethical activities. Risk management is an essential component of good governance. A responsible risk management analysis process should send up a few red flags. Clear payment terms.

Management 96

Management Intellectual Property Due Diligence Government 96

Startup Professionals Musings

OCTOBER 13, 2013

An example would be getting free office space by agreeing to be the property manager for the owner. Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Bartering services.

Equity 207

Equity Angel Investor Technical Review Exit Strategy 207

Up and Running

AUGUST 28, 2018

Team: Who is on your management team? Your funding ask and exit strategy, if applicable. Maintain a positive online reputation for your practice as a key management technique. Management team and qualifications: Address who works for you, what do they do, and how much you pay them. This is your value proposition.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

DECEMBER 26, 2013

Initial Public Offerings (IPO) are back as an exit strategy. Conglomerates, which were the engines of growth and vitality in the twentieth century, have proven themselves unable to innovate, and have a tarnished public image due to financial woes and poor management. A year from now that’s projected to go as high as 100.

IPO 273

IPO Entrepreneur Social Media Startup 273

Startup Professionals Musings

SEPTEMBER 15, 2012

An example would be getting free office space by agreeing to be the property manager for the owner. Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Bartering services.

Angel Investor 218

Angel Investor Technical Review Exit Strategy Equity 218

YoungUpstarts

SEPTEMBER 28, 2016

For that, you need a great product and good financial management. Manage it well. When talking about financial management, it is the word “management” that is the most important. When talking about financial management, it is the word “management” that is the most important.

Management 100

Management Small Business Administration United States Exit Strategy 100

Startup Professionals Musings

JUNE 7, 2020

Managing to specific goals, priorities, and a plan. Preparation and management of funding. Even if you are not requesting outside funding, I would expect a clear process for sourcing and managing the investment you plan to apply. Technologists building cool new platforms, just because they can, won’t find investor interest.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

Startup Professionals Musings

FEBRUARY 4, 2011

The CEO must focus on key management team hires and assume a few mistakes which need to get fixed. As Jeff quotes from a company Chairman, "The common elements I see in first time CEO's: a) they don't hire fast enough, b) they don't fire fast enough, and c) they don't manage their board and investors well.

Search 224

Search Startup Exit Strategy Leadership 224

Startup Professionals Musings

JULY 3, 2011

An example would be getting free office space by agreeing to be the property manager for the owner. Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Bartering services.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

Berkonomics

JUNE 22, 2023

Do you have a world-class management team? The best way to protect against failure is to attract a team with members who have experienced success and failure and can recognize the ways to manage toward success and avoid the pitfalls previously experienced from past failures. Is there an exit strategy for the investor(s) over time?

Exit Strategy 114

Exit Strategy Technology Revenue Conversion 114

Startup Professionals Musings

FEBRUARY 15, 2015

An example would be getting free office space by agreeing to be the property manager for the owner. Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. Bartering services.

Angel Investor 120

Angel Investor Equity Technical Review Exit Strategy 120

Startup Professionals Musings

JULY 19, 2015

Initial Public Offerings (IPO) are back as an exit strategy. Conglomerates, which were the engines of growth and vitality in the twentieth century, have proven themselves unable to innovate, and have a tarnished public image due to financial woes and poor management. Two of these, Uber and Xiaomi, are already above $40 billion.

IPO 120

IPO Angel Investor Startup Incubator 120

Up and Running

JUNE 16, 2014

For venture capitalist, Paul Suster , it’s not just the individual; the ‘management team’ is essential. I’m personally 70% management, 30% product […] If I feel a priori that the CEO can’t cut it I’m highly unlikely to invest. Because management is so important, I always tell people to make the bio slide the first in your deck.

Exit Strategy 91

Exit Strategy Advisory Board Business Plan Portfolio 91