David Teten

NOVEMBER 26, 2019

I encourage entrepreneurs to correct course with a re-forecast early and often. Consider ThedaCare , a healthcare system in Wisconsin, which eliminated its budgeting process in 2010. The organization replaced the budget with a quarterly forecasting and planning process.… This agile approach is not restricted to small startups.

Agile 60

Agile Management Forecast Silicon Valley 60

Tim Keane

MARCH 9, 2011

How to prepare a sales forecast for a business plan » March 09, 2011. How should I finance my new venture? It’s a deceptively simple question:  what is the optimal way to finance a new startup?   Sometimes, the bonus in bootstrapping is that the venture finds it doesn’t need acceleration financing. 

Finance 83

Finance Bootstrapping Startup Equity 83

Tim Keane

JUNE 21, 2011

« How should I finance my new venture? How to prepare a sales forecast for a business plan.   Think about having the same discussion in a different way - by preparing your sales forecast by making your assumptions explicit. How to prepare a sales forecast for a business plan. First develop a business model.

Forecast 68

Forecast Business Plan Sales Wisconsin 68

Tim Keane

JANUARY 12, 2010

For angel groups, the distinction between groups and VCs on this issue is dwindling, especially as angel groups do bigger rounds of financing.   Note that this applies only to earl stage Series A-type equity financings and assumes no cash dividends are paid to investors. . This is why a bottom up approach is more credible.

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Tim Keane

AUGUST 21, 2006

As the venture progresses from financing to revenue (whether financed by an investor or the entrepreneur) that first big, critical issue has to be the first miss on projections. She may also find better ways to finance the venture to better meet her own goals. Will it happen? Risk at this point increases - a lot. Will it happen?

Milwaukee 60

Milwaukee Due Diligence Wisconsin Angel Investor 60