Startup Professionals Musings

FEBRUARY 17, 2018

Don’t rely on conservative forecasts to reduce risk. Investors don’t fund conservative forecasts, nor wildly optimistic ones, since both imply a lack of commitment or homework. Strategically, you need a plan to survive through organic growth, with outside funding to effectively accelerate scaling.

Forecast 161

Forecast Stock Options Technical Review Metrics 161

Startup Professionals Musings

AUGUST 2, 2019

Assess: Forecast required skillsets and needed mindset shifts. Objectively audit your business health for weaknesses and strengths in resources, leadership, skills, and experience. Build an action plan for any ailing areas needing immediate improvement. Choose where you must be exceptional in service and focus.

Technical Review 226

Technical Review Leadership Portfolio Matching 226

Startup Professionals Musings

MARCH 4, 2016

Forecast revenue growth that defies business principles. Forecasts that exceed 10 percent of a large opportunity in the first five years rarely happen and will likely disappoint you and your investors.

Intellectual Property 120

Intellectual Property Startup Forecast Angel Investor 120

Startup Professionals Musings

SEPTEMBER 9, 2015

Don’t rely on conservative forecasts to reduce risk. Investors don’t fund conservative forecasts, nor wildly optimistic ones, since both imply a lack of commitment or homework. Strategically, you need a plan to survive through organic growth, with outside funding to effectively accelerate scaling.

Forecast 120

Forecast Startup Stock Options Technical Review 120

Startup Professionals Musings

JULY 15, 2013

Using your data, here are the basic elements of the projection process, which are measurable by milestones, and can be tracked to show when a re-forecast is required: Start with sizing per-unit profitability. This forecast is really their commitment. Plan to re-forecast every quarter. Margin is everything. " Marty Zwilling.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Startup Professionals Musings

NOVEMBER 5, 2022

They also look ahead to forecast what you should expect. These authors provide inside details of recent management experiments, as well as historical data from both successful and failed traditional companies. Here are a few of their key points, with my own insights added: Workers today are more educated and aware of options.

Management 333

Management Dilution Forecast Leadership 333

Startup Professionals Musings

JULY 3, 2012

Make it clear that you intend to re-forecast your plan every three months, and communicate changes proudly to your team, rather than apologetically. The other side of this coin can be equally disastrous; the change of direction based on every customer or investor comment. Build a learning organization that shares your vision and drive.

Advisory Board 240

Advisory Board Forecast Early Stage Product Development 240

Startup Professionals Musings

JUNE 4, 2021

Keyword research and budget forecasting. It pays only if a customer clicks through AND takes a further action (conversion), such as buying a product or filling out a web form. The display side is called pay per action (PPA) or pay per lead (PPL). Popular keywords have higher costs.

Search 385

Search Engineer PPC Widget 385

Startup Professionals Musings

MAY 27, 2016

Who would have forecast that entrepreneur Gary Ross Dahl would make millions by starting a “ pet rock ” business way back in 1975? Giving the wrong people money doesn’t help at the idea level.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

Startup Professionals Musings

MAY 21, 2022

This is essentially a series of interim forecasts not dissimilar from mile-markers in a marathon race that advise whether it’s time to pick up the pace or slow down to smell the roses. In the book, Jaffe introduces three new sets of metrics for gauging progress: Medium-term metrics.

Marketing 319

Marketing Framework Social Media Metrics 319

Startup Professionals Musings

FEBRUARY 1, 2012

According to the “ Small Business Marketing Forecast 2012 ” from Ad-ology, Social media for small business marketing has reached its tipping point. Measure the effectiveness of your efforts and expenditures – as well as competitors. Turn your social media efforts into profit, rather than just another expense.

Social Media 233

Social Media Media Lead Generation Startup 233

Startup Professionals Musings

MAY 27, 2022

Here you need not only project management resources, but also skills in forecasting, budgeting, and resource tracking. Resolution comes from reconciling trade-offs and aligning toward competitive advantage. Provide resources to implement initiatives.

Forecast 340

Forecast Agile Lean Distribution 340

Startup Professionals Musings

MARCH 19, 2016

The most disruptive products are ones that never existed before, and no forecasts are even available to size the opportunity. Consider Apple’s move into music, telephones, and watches. Compete against non-consumption and non-existing markets. Facebook built the social media market before customers even knew they needed it.

Non-Compete 120

Non-Compete Technical Review Forecast Social Media 120

Startup Professionals Musings

APRIL 20, 2011

Make it clear that you intend to re-forecast your plan every three months, and communicate changes proudly to your team, rather than apologetically. The other side of this coin can be equally disastrous; the change of direction based on every customer or investor comment. Build a learning organization that shares your vision and drive.

Advisory Board 232

Advisory Board Startup Forecast Early Stage 232

Startup Professionals Musings

MARCH 21, 2022

Gronbach is well-known for his generational research and keen forecasting of societal trends. First, a quick summary of the major U.S. demographic generations out there today, ranked from large to small: Generation Y (Millennials) – 82.9 million, born 1985-2004, biggest business opportunity Baby Boomers (no other name) – 70.7

Architecture 258

Architecture Forecast Demand Technology 258

Startup Professionals Musings

MARCH 20, 2015

The most disruptive products are ones that never existed before, and no forecasts are even available to size the opportunity. Consider Apple’s move into music, telephones, and watches. Compete against non-consumption and non-existing markets. Facebook built the social media market before customers even knew they needed it.

Marketing 120

Marketing Non-Compete Technical Review Forecast 120

Startup Professionals Musings

OCTOBER 4, 2010

According to the “ Small Business Marketing Forecast 2010 ” from Ad-ology, lead generation is the biggest benefit of social networking for U.S. Measure the effectiveness of your efforts and expenditures – as well as competitors. Turn your social media efforts into profit, rather than just another expense.

Social Media 212

Social Media Media Startup Curation 212

Startup Professionals Musings

DECEMBER 6, 2020

Make forecasting future business needs a way of life. Sessions can be off-site to create a sense of entertainment, but need to be realistic in creating a sense of urgency and building a culture of thinking outside the box, and creating implementation plans.

Forecast 306

Forecast Leadership Entrepreneur Founder 306

Startup Professionals Musings

DECEMBER 17, 2013

The challenges include forecasting inventory requirements, buying in cost-effective lot sizes, and just-in-time delivery systems. You will find that you either have too much inventory (cash tied up, high storage costs, obsolescence, and spoilage costs), or not enough (lost sales, lower market share). Hours worked per process.

Metrics 252

Metrics Technical Review Retention Acquisition 252

Startup Professionals Musings

MARCH 25, 2020

As we are bombarded with what’s happening today, we fail to forecast tomorrow, because we forget that the pace of change is not simply faster, but accelerating. Maybe it’s time to reorder your top ten priority list. Bypass linear thinking in an exponentially evolving world.

Forecast 237

Forecast Metrics Cost Technology 237

Startup Professionals Musings

DECEMBER 11, 2017

Financial forecasts for startups are assumed to be estimates that will be updated as more information is known. Adjust revenues quarterly or even monthly, and replace forecasts with actuals as soon as a period ends. Be willing to give up 20 to 33 percent of your equity to support this.

Burn Rate 144

Burn Rate Forecast Angel Investor Revenue 144

Startup Professionals Musings

APRIL 12, 2010

Make it clear that you intend to re-forecast your plan every three months, and communicate changes proudly to your team, rather than apologetically. The other side of this coin can be equally disastrous; the change of direction based on every customer or investor comment. Build a learning organization that shares your vision and drive.

Advisory Board 125

Advisory Board Startup Forecast Early Stage 125

Startup Professionals Musings

AUGUST 24, 2019

This is essentially a series of interim forecasts not dissimilar from mile-markers in a marathon race that advise whether it’s time to pick up the pace or slow down to smell the roses. In the book, Jaffe introduces three new sets of metrics for gauging progress: Medium-term metrics.

Media 238

Media Cost Framework Social Media 238

Startup Professionals Musings

JUNE 16, 2019

Gronbach is well-known for his generational research and keen forecasting of societal trends. First, a quick summary of the major U.S. demographic generations out there today, ranked from large to small: Generation Y (Millennials) – 86.6 million, born 1985-2004, biggest business opportunity Generation X (Generation Me) – 82.9

Architecture 209

Architecture Forecast Demand Technology 209

Startup Professionals Musings

OCTOBER 22, 2012

Ryan Blair, a serial entrepreneur who admits to his share of million dollar mistakes, as well as some multi-million dollar successes, sums these up nicely in his book “ Nothing to Lose, Everything to Gain :” Don’t make wildly optimistic sales forecasts. Don’t under-forecast cash needs.

Entrepreneur 243

Entrepreneur Forecast Hiring Leadership 243

Startup Professionals Musings

AUGUST 12, 2011

Ryan Blair, a serial entrepreneur who admits to his share of million dollar mistakes, as well as some multi-million dollar successes, sums these up nicely in his current bestseller “ Nothing to Lose, Everything to Gain :” Don’t make wildly optimistic sales forecasts. Don’t under-forecast cash needs.

Forecast 241

Forecast Startup Hiring Leadership 241

Startup Professionals Musings

FEBRUARY 13, 2016

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. Justify funding requirements, use of funds and specify a current valuation estimate. Quantify founder investments, both cash and sweat-equity.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

AUGUST 26, 2010

This is usually in the form of an elevator pitch, an executive summary, a pitch deck, a financial forecast, and a business plan. moment quickly, before they lose interest, followed by a clear and thoughtful expression of the value you’ve created. His website is [link].

Elevator Pitch 227

Elevator Pitch Forecast Startup Business Plan 227

Startup Professionals Musings

DECEMBER 31, 2014

If small businesses tackle these initiatives, we will be supporting economists’ forecast and moving the U.S. Many are planning to be more aggressive in grabbing market share from competitors, and you should, too. economy toward a self-sustaining and continuing economic expansion.

Small Business Administration 257

Small Business Administration SBA Forecast Government 257

Startup Professionals Musings

SEPTEMBER 3, 2017

This is essentially a series of interim forecasts not dissimilar from mile-markers in a marathon race that advise whether it’s time to pick up the pace or slow down to smell the roses. In the book, Jaffe introduces three new sets of metrics for gauging progress: Medium-term metrics.

Advertising 166

Advertising Marketing Startup Framework 166

Startup Professionals Musings

JUNE 14, 2017

Gronbach is well-known for his generational research and keen forecasting of societal trends. First, a quick summary of the major U.S. demographic generations out there today, ranked from large to small: Generation Y (Millennials) – 86.6 million, born 1985-2004, biggest business opportunity Generation X (Generation Me) – 82.9

Architecture 144

Architecture Forecast Demand Technology 144

Startup Professionals Musings

OCTOBER 20, 2013

This is essentially a series of interim forecasts not dissimilar from mile-markers in a marathon race that advise whether it’s time to pick up the pace or slow down to smell the roses. In the book, Jaffe introduces three new sets of metrics for gauging progress: Medium-term metrics.

Media 252

Media Marketing Startup Framework 252

Startup Professionals Musings

SEPTEMBER 3, 2013

Juniper Research forecasts that by 2014 the global opportunity for LBS will reach $13 billion, and Global Industry Analysts projects that by 2015 the global LBS market could be $21 billion. And comScore tells us that there are already 140 million smartphone users in the US, which now exceeds 60% of the population.

B2B 210

B2B Angel Investor Forecast Global 210

Startup Professionals Musings

JULY 19, 2012

Having no data to back up your opportunity and financial forecast is the kiss of death for any startup funding request. Then how much this market spends on vehicles, spending growth or shrinkage in the past 10 years, and industry projections.

Marketing 243

Marketing Entrepreneur Forecast Business Plan 243

Startup Professionals Musings

MARCH 23, 2013

Keyword research and budget forecasting. It pays only if a customer clicks through AND takes a further action (conversion), such as buying a product or filling out a web form. The display side is called pay per action (PPA) or pay per lead (PPL). Popular keywords have higher costs.

Search 226

Search PPC Widget SEO 226

Startup Professionals Musings

AUGUST 2, 2012

Juniper Research forecasts that by 2014 the global opportunity for LBS will reach $13 billion, and Global Industry Analysts projects that by 2015 the global LBS market could be $21 billion. And comScore tells us that there are already more than 100 million smartphone users in the US.

B2B 206

B2B Angel Investor Mobile Forecast 206

Startup Professionals Musings

APRIL 1, 2011

These initiatives, in concert with current findings, support economists’ forecast that the U.S. A large majority of respondents acknowledged that the old way of doing business will no longer work and that they need to find new ways to take advantage of market opportunities.

Small Business Administration 224

Small Business Administration SBA Japan Forecast 224