Startup Professionals Musings

FEBRUARY 15, 2015

A non-profit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries.

Angel Investor 120

Angel Investor Equity Technical Review Exit Strategy 120

Up and Running

MAY 1, 2014

You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Startup Professionals Musings

JUNE 6, 2010

A non-profit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries.

Angel Investor 143

Angel Investor Technical Review Exit Strategy Equity 143

Up and Running

NOVEMBER 12, 2018

There are several different types of business plans that can help you stay on track. If you’re seeking a bank loan or outside investment, you probably need a traditional business plan. But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

www.forentrepreneurs.com

FEBRUARY 2, 2010

Business Model I would like to propose that in addition to team, product, and market, there is actually a fourth, equally important, core element of startups, which is the need for a viable business model. However there is a lot of value in looking at these same metrics for all other businesses.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Up and Running

AUGUST 28, 2019

Having these experienced brains reviewing your business plan can help ensure you don’t waste time and money on what is really a cool hobby or rewarding social venture masquerading as a great business idea. Decide on your business location. Don’t let an overly-specific name restrict your product offerings later. .

Delaware 83

Delaware Stock Nevada Technical Review 83

YoungUpstarts

AUGUST 25, 2016

The steps focus you on developing your business model. But they only require “the back of an envelope” to figure out how you are going to make money, how much it is going to cost to run your business, and how soon you will generate a profit and reach breakeven. Revenue minus Cost to Run Your Business equals Profit or (Loss) .

Bootstrapping 100

Bootstrapping LLC Equity Revenue 100

Reid Hoffman

JULY 27, 2021

In contrast, earning an MBA or working as a management consultant is less a final destination and more a way station on the way to a better future, usually with a vigorous salary. (As I was still unprepared; I had no idea that I also needed to learn about go-to-market strategy and distribution.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

In contrast, earning an MBA or working as a management consultant is less a final destination and more a way station on the way to a better future, usually with a vigorous salary. (As I was still unprepared; I had no idea that I also needed to learn about go-to-market strategy and distribution.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Lightspeed Venture Partners

SEPTEMBER 16, 2012

This business school student made the classic mistake of mistaking an idea for a product for a business plan. He was seeking $50k and wanted to take a salary in the $2-3k per month range to do this full time. 50k for 51% of the company with no salary. He got three offers: $50K for 75% of the company.

Silicon Valley 167

Silicon Valley Salary Dilution Indiana 167

maplebutter.com

JANUARY 8, 2013

I’m not afraid to pick up the phone, cold call someone, use LinkedIn to find someone who’s recently left a company that might be considered competitive and ask them for advise around the business model and marketplace. No investor cares about a business plan. I think to survive one should build in something to the plan.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Entrepreneurs-Journey.com by Yaro Starak

JANUARY 21, 2011

Because of a variety of reasons, two of which were poor strategic planning and technology issues (I am NOT a techie at all), there were some hard lessons learned in this process as well, including tarnished reputation due to not being able to fulfill certain customer orders. I consider this business endeavor as an overall success however.

Internet 80

Internet Technical Review Stock Due Diligence 80