Startup Professionals Musings

MAY 27, 2016

There is an old saying in the startup investor community, “Smart investors invest in the team, not the idea.” As an angel investor, I’ve learned to believe in this approach, since I have seen great ideas go astray, due to poor execution and I have seen apparently marginal ideas make millions, managed by a savvy entrepreneur.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

Gust

JUNE 19, 2012

Thoughts on startups by investors that fund them & entrepreneurs that run them. Last weekend I caught Mashable announcing that Ebook Sales Surpass Hardcover in the U.S. One of my earliest excursions into market research was working for a research firm doing a 1979 forecast on ATMs. Often this is part of a good forecast.

Startup 180

Startup Forecast Angel Investor Software 180

NZ Entrepreneur

DECEMBER 10, 2020

Kiwi inventory forecasting software StockTrim achieved international sales in the UK, Australia and US immediately after launching in 2017. A company is more than the CEO / founder, so tell your angel investors who’s in your team. It’s been growth ever since, and in 2020 the company pitched for funding to scale up.

Technical Review 103

Technical Review Software Review Due Diligence Startup 103

Up and Running

MAY 15, 2018

Use a billing software to record the sales and invest in a relationship with a tax professional only when needed. All of these factors contribute to a scalable business model, which in turn, helps attract investors. All of these factors contribute to a scalable business model, which in turn, helps attract investors.

SBA 84

SBA Angel Investor Technical Review Startup 84

Up and Running

JUNE 23, 2022

Don’t forget that many of these ratios have similar drivers, such as capital, sales on credit, accounts receivable, inventory, payment patterns, etc. Maybe you have a big promotion to spark new sales or offer a discount for paying on time. Start by adjusting your milestones and forecasts. Do any of your ratios look unhealthy?

SBA 163

SBA Finance Balance Sheet Technical Review 163

The Startup Magazine

MARCH 29, 2024

Will you opt for direct sales, subscriptions, or a freemium model? This involves careful budgeting, financial forecasting, and cash flow management. Whether it’s through bootstrapping, seeking angel investors, or applying for grants, explore all options available to you.

Intellectual Property 132

Intellectual Property Angel Investor Business Model Bootstrapping 132

Up and Running

MAY 23, 2016

In the tactics section, list your sales channels and describe how you will be selling your products. While it’s useful to be able to have a sales forecast and expense budget early on, it’s not something you need until you’ve validated your idea. Circle back and create a more detailed forecast. The business model.

Software Review 74

Software Review Software Delaware Forecast 74

Up and Running

MAY 28, 2015

That’s the sales forecast, the spending forecast and the cash flow. I’m in my seventh year now as a leader and an angel investment group where we just announced an investment last Thursday, and I’m very familiar with how this works for angel investors. Investors love traction.

Lean 60

Lean Business Plan Video Software Review 60

Up and Running

OCTOBER 4, 2017

Rose of Gust, roughly 1,500 startups get funded by venture capitalists, and 50,000 by angel investors in the United States each year. More sales is an indicator of scaling as well. Many of these failed startups created a product nobody needed or wanted. According to David S. Scaling drives a startup’s growth. Key takeaway.

Startup 115

Startup Estonia Poland Silicon Valley 115

Up and Running

AUGUST 12, 2015

I am here to talk about LivePlan and give you some big picture information on business planning, forecasting, how to really kick your business off in the best possible way. Budgeting and forecasting, it’s not rocket science. You can’t forecast. I don’t know how to forecast. Good morning.

Forecast 60

Forecast Video Business Plan United States 60

VC Cafe

OCTOBER 18, 2011

Moshe says that the Israeli economy is in good shape and has momentum, yet has a cloudy forecast ahead of it. He continues: “I am thinking of initiatives to startup hi-tech companies with annual sales turnover of over $1 billion a year. Being a practical man, and a Zionist, Moshe wants to make a positive impact on the Israeli economy.

Venture Capital 100

Venture Capital New Zealand Startup 100

Tim Keane

JUNE 21, 2011

Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC. How to prepare a sales forecast for a business plan.   If you've been through a plan review with someone like a potential investor, think for a moment about the questions you get asked.

Forecast 68

Forecast Business Plan Sales Wisconsin 68

Up and Running

OCTOBER 21, 2014

A sales forecast. It will also help you when it comes time to write your business plan, especially if you’re pitching an angel investor or a venture capital firm – they will want to see there’s a market for your idea, otherwise, it won’t scale as rapidly as they need it to in order to make a return on their investment.

Elevator Pitch 166

Elevator Pitch Software Review SBA Business Plan 166

Startup Professionals Musings

DECEMBER 11, 2017

As an angel investor and business advisor on new ventures, I expect to see five-year financial projections from every entrepreneur. This should ideally be a “bottoms-up” commitment from your sales team, not your own optimistic guess. Yet I get more pushback on this request than almost any other issue.

Burn Rate 144

Burn Rate Forecast Angel Investor Revenue 144

Gust

JANUARY 4, 2012

Many thanks to David Rose , Ilana Grossman , Justin Stanwix , and the whole Gust team for making the Gust Blog such a valuable platform and resource for entrepreneurs and angel investors. Financial, technical and operational plans and forecasts of all kinds (trade secret). trade secret).

Intellectual Property 143

Intellectual Property IP Startup United States 143

Up and Running

FEBRUARY 14, 2018

Execution : This section of your plan should include your marketing and sales plans and functional or operational details the technology or tools you’ll use to run your business. Financial plan : Investors will want to see your revenue and sales forecast, expenses, projected profit and loss, and cash flow, and projected balance sheet.

Balance Sheet 90

Balance Sheet Business Plan Security Forecast 90

OnlyOnce

JULY 9, 2013

What About Sales & Marketing?, Chapter 20: The Good, the Bad, and the Ugly of Financing…Equity Investors, Venture Capitalists, Angel Investors, Strategic Investors, Debt, Convertible Debt, Venture Debt, Bank Loans, Personal Debt, Bootstrapping, Customer Financing, Your Own Cash Flow.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Up and Running

AUGUST 21, 2014

As you guys go out and are pitching investors, have gotten some investor money, as you guys really go out there talking to the investment community, whether it’s angel investors, whether it’s larger VC funds and VC firms, it’s going to get you a lot further if you can focus in on data.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Up and Running

MARCH 13, 2019

Whether you are trying to raise money from angel investors or venture capitalists for your business, or just want to perfect your business strategy, a solid elevator pitch is an essential tool for achieving your goals. For a great pitch, you don’t necessarily have to show a detailed five-year financial forecast.

Elevator Pitch 140

Elevator Pitch Video Forecast Oregon 140

Startup Professionals Musings

SEPTEMBER 3, 2013

LBS data can not only give you information to drive the relationship, but you can also use it to identify your sales reps with similar interests and partner them with the prospect. These numbers and the B2B applications are more than enough to catch the attention of venture capitalists and angel investors.

B2B 210

B2B Angel Investor Forecast Global 210

Up and Running

FEBRUARY 12, 2019

I’ve seen hundreds of startups pitch to angel investors and venture capitalists, and most of them—at best— are just okay. As the CEO of your own company, you will be expected to be the lead sales person, so show the investors that you know how to sell them on your own company. Address competition head-on.

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Up and Running

OCTOBER 30, 2017

Instead, your plan can follow a Lean Planning process that involves creating a pitch , forecasting your key business numbers, outlining key milestones you hope to achieve, and regular progress checks where you review and revise your plan. Marketing and Sales Plan. The standard business plan includes nine parts: The Executive Summary.

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

YoungUpstarts

MARCH 15, 2017

by Hal Shelton, SCORE mentor, angel investor, and author of “ The Secrets to Writing a Successful Business Plan: A Pro Shares A Step-by-Step Guide to Creating a Plan That Gets Results “ Running a business without a plan is like running down the street with a blindfold on. Again, this is where a business plan comes in.

Business Plan 113

Business Plan Angel Investor Audience Forecast 113

Startup Professionals Musings

AUGUST 13, 2012

Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Financial forecast and metrics. See where your cashflow bottoms out.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

AUGUST 2, 2012

LBS data can not only give you information to drive the relationship, but you can also use it to identify your sales reps with similar interests and partner them with the prospect. These numbers and the B2B applications are more than enough to catch the attention of venture capitalists and angel investors.

B2B 206

B2B Angel Investor Mobile Forecast 206

Startup Professionals Musings

JANUARY 31, 2011

Internet marketers see it as a better way to target consumers, and even retarget them to close a sale. LBS data can not only give you information to drive the relationship, but you can also use it to identify your sales reps with similar interests and partner them with the prospect.

B2B 227

B2B Startup Angel Investor Forecast 227

Startup Professionals Musings

MAY 13, 2011

Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Financial forecast and metrics. See where your cashflow bottoms out.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Tim Keane

MARCH 9, 2011

Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC. How to prepare a sales forecast for a business plan » March 09, 2011. Third question:  Based on the answers to questions one and two, who are the likely lenders/investors?

Finance 83

Finance Bootstrapping Startup Equity 83

Up and Running

APRIL 27, 2016

It’s the high-level plan of what you want to do, who your customers are, how you’re going to make money, and what your key strategies are for sales and marketing. Probably one of the most intimidating parts of business planning is forecasting and budgeting. If you learn one thing about business forecasting, this is it.

Business Plan 60

Business Plan Forecast Angel Investor Entrepreneur 60

Up and Running

APRIL 22, 2019

Instead of a flat lifetime value—like $120 for the single sale opportunity you have with each customer or user, you might charge $10 a month per user for as long as your customer uses your service. The longer they stick around, the higher their lifetime value. Keep that in mind when you’re looking for funding.

Software 94

Software Intellectual Property Cloud Seattle 94

Gust

AUGUST 5, 2012

Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Financial forecast and metrics. See where your cashflow bottoms out.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

NZ Entrepreneur

OCTOBER 10, 2019

What do investors want to see in a business plan? Early stage business investors such as angel investors or venture capital companies are generally only interested in companies with great potential for success and a high return on investment. What sales are achievable? How large is the target market?

Business Plan 51

Business Plan Forecast Venture Capital Angel Investor 51

www.mint.com

MARCH 9, 2010

If the answer to the question centers around “We will achieve revenue soon so our net will improve and give us more runway,” it means the company is in trouble because no product ever ships on time nor achieves the company’s “conservative forecast.” I worry about everything: money, sales, engineering, support, and recruiting.

Software Review 68

Software Review Startup Post-Money Valuation Technical Review 68

Startup Professionals Musings

APRIL 22, 2010

Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Financial forecast and metrics. See where your cashflow bottoms out.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Up and Running

MAY 16, 2016

To supplement this guide, I interviewed an expert in the home health care field: Carol Byrne is the National Sales Director for 21st Century Health Care Consultants, a consulting firm which serves home health care agencies throughout the United States. The most traditional routes are bank loans, small business loans, or angel investors.

North America 95

North America United States Technical Review America 95

Up and Running

MAY 22, 2018

Your MVP’s success will be a key component of your investor pitch deck. Angel investors and VC funders are truly investing in your good idea, but your passion and commitment are important too. You can try to fake them, but don’t—remember that it’s an investor’s job to verify that they’re solid. Demonstrate your passion.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90

Tim Keane

FEBRUARY 3, 2010

Startups and angels: Along the way to success. By Tim Keane, Angel Investor, Golden Angels Investors, LLC. OVP Venture Partners) My own take on this is that a business plan with a bottom up forecast demonstrates an understanding of the potential market that investors love. 

Marketing 116

Marketing Wisconsin Startup Angel Investor 116