Up and Running

SEPTEMBER 17, 2014

That’s why we asked nine members from Young Entrepreneur Council (YEC) what metrics all founders should be aware of — always. It is crucial for entrepreneurs to understand their costs of goods and services. I believe all entrepreneurs should know their business. Young Entrepreneur Council' Cash on Hand.

Metrics 146

Metrics Burn Rate Entrepreneur Forecast 146

Both Sides of the Table

OCTOBER 12, 2010

If you can’t figure all of this out then adding a non-founder sales person isn’t going to solve your problems – it’s just going to add to your burn rate. As they become more senior they take on management responsibilities such as planning, forecasting, pipeline reviews, coaching staff, etc.

Hiring 346

Hiring Sales Startup Early Stage 346

Startup Professionals Musings

JULY 15, 2013

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. 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.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Startup Professionals Musings

AUGUST 7, 2015

When pitching to investors, entrepreneurs always seem to start with a customer pitch, then add a slide or two about the business. Investors are business experts, while the entrepreneur is more likely the product expert. This allows them to calculate burn rates, break-even points and forecast the company valuation over time.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

VC Cafe

NOVEMBER 2, 2019

Forecasting is sometimes done by dragging the mouse based on many assumptions, because it’s hard to predict the future. One question that keeps coming up when speaking with early stage entrepreneurs when it comes to funding, is what metrics the company needs to hit to raise seed/series A/B etc: What’s a good conversion rate?

B2C 141

B2C Technical Review Startup Retention 141

Up and Running

OCTOBER 1, 2014

Nelson has some tips: Know your burn rate. Nelson suggests creating a projected sales forecast and planning how you’ll achieve it, realizing of course that you’ll make adjustments to these numbers as you grow. Five useful tools and an entrepreneur’s workspace. How do you balance it all?

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Startup Professionals Musings

JUNE 9, 2012

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. 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.

Forecast 238

Forecast Burn Rate .Net Business Model 238

Startup Professionals Musings

MARCH 22, 2011

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. 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.

Forecast 230

Forecast Burn Rate Startup .Net 230

Startup Professionals Musings

MARCH 25, 2010

Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. This forecast is really their commitment. Your “burn rate” or net cash flow out is usually the single most important survival parameter to a startup. Next comes sales volume by channel.

Forecast 151

Forecast Startup Burn Rate .Net 151

Up and Running

AUGUST 21, 2014

What a lot of companies or startups don’t realize is when you put up forecast together, it’s difficult if you’re a startup. Caroline: It would also be great to know if the entrepreneurs in the room are tracking any of this right now, the metrics that Sabrina has already talked about. Okay, so great. Sabrina: Great.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Both Sides of the Table

FEBRUARY 14, 2016

Valuing any company can be difficult because it requires a degree of forecasting future growth & competition and ultimately the profits of the organization. ” “This will be great for VCs and bad for entrepreneurs.” What is the True Sentiment of VCs? ” “Sure, prices are dropping. All of these are false.

Valuation 150

Valuation Down Round Startup Later Stage 150

Early Growth Financial Services

JANUARY 10, 2013

Of utmost concern to many entrepreneurs is how to retain maximum equity in their startups. Rightly so. It’s a constant balancing act: growing your company without losing control of it. Whether you’re funded, seeking funding, or still bootstrapping, here are some of the best strategies for avoiding dilution and maintaining maximum equity: 1.

Equity 38

Equity Dilution Bootstrapping Startup 38

Up and Running

MAY 22, 2018

The show has been around for a while; entrepreneur contestants pitch their business ideas in front of a panel of investors—the “sharks”—in hopes that one of them will want to invest in their idea. However, for those entrepreneurs, a whole new struggle begins after the show ends. Nerdy term: Burn rate.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90