Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Up and Running

OCTOBER 16, 2019

Do you really need a business plan? Can’t you just wing it and skip the whole planning process? If you’re asking a bank, angel investor, or venture capitalist for funding, they’re going to want to know that you have a good handle on your small business’s trajectory. . The process of writing your plan is what’s important.

Business Plan 108

Business Plan Small Business Forecast Balance Sheet 108

Startup Professionals Musings

OCTOBER 15, 2022

Early in the relationship, every investor instinctively looks for some key indicators of the ability to get results, like the following: Communicates well in every business medium. Others send investors email and business plans in all uppercase or no punctuation. Message delivery must be customized for each investor.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

Growthink Blog

DECEMBER 27, 2017

You need a good idea – and an excellent business plan. Business planning and raising venture capital go hand-in-hand. A business plan is required for attracting venture capital. But how exactly will your business plan persuade investors to sign a check? Hook them on the first page.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

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

Up and Running

AUGUST 30, 2017

Working out a business plan for your daycare center can be a challenge. As someone who owns eight successful daycares in the Chicago area, I know the strategies and approaches that work when it comes to developing a sound business plan for a daycare center. What is your business model?

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Hearpreneur

OCTOBER 13, 2023

A well-constructed business model is a foundational element of a business plan and strategy. It provides clarity on how a company plans to succeed in the marketplace and is essential for attracting investors, partners, and customers. Thanks to Jordan Adair, ShirtMax ! #2- Thanks to Derrin Hill, Revroad ! #4-

Business Model 131

Business Model Affiliate Jordan B2C 131

Up and Running

OCTOBER 22, 2014

So, you’ve been asked to write a business plan. Today, I’m going to walk you through an easier way to get your business plan started, through developing a winning strategy. Today, I’m going to walk you through an easier way to get your business plan started, through developing a winning strategy.

Business Plan 130

Business Plan Elevator Pitch Forecast Partner 130

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

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

JANUARY 13, 2020

Early in the relationship, every investor instinctively looks for some key indicators of the ability to get results, like the following: Communicates well in every business medium. Others send investors email and business plans in all uppercase or no punctuation. Message delivery must be customized for each investor.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Steve Blank

APRIL 23, 2014

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Steve Blank

OCTOBER 30, 2012

The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. I’m partnered with four great organizations to deliver the program. Your team arrives with an initial Business Model Canvas.

Startup 335

Startup Lean Incubator Business Model 335

Up and Running

JANUARY 29, 2019

Though you may be tempted to immediately throw yourself into your new small business, don’t forget a crucial element: creating a business plan. Yes, the words “business plan” might trigger some dread about epic documents that take a ton of time to produce—but that’s not necessarily what a business plan needs to be.

Lean 64

Lean Business Plan Revenue Forecast 64

Steve Blank

OCTOBER 24, 2014

It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses and agile engineering to build minimum viable products. If you’re familiar with the Lean Startup you know that the Business Model Canvas is the tool to frame all the hypotheses of your startup.

Business Model 335

Business Model Design Customer Development Lean 335

Steve Blank

FEBRUARY 23, 2013

My friend Ron Ashkenas interviewed me for his blog on the Harvard Business Review. Ron is a managing partner of Schaffer Consulting , and is currently serving as an Executive-in-Residence at the Haas School of Business at UC Berkeley. He is a co-author of The GE Work-Out and The Boundaryless Organization.

Business Model 332

Business Model Technical Review Business Plan Search 332

Up and Running

OCTOBER 3, 2018

What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. If you’re thinking about starting a business that buys up homes, fixes them up and then re-sells them at a profit, the first step is to write a business plan. It serves as a mini version of your entire plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Steve Blank

APRIL 8, 2010

He said, “After we graduated we took our great idea, holed up in my apartment and spent months researching and writing a business plan. We even entered it in the business plan competition. Why a business plan is different than a business model. A plan is static, a model is dynamic.

Business Model 328

Business Model Business Plan Customer Cap Table 328

Startup Professionals Musings

OCTOBER 14, 2023

If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. A great business plan doesn’t have to be a book in length, with extensive financial statements.

Silicon Valley 257

Silicon Valley Exit Strategy Startup Business Plan 257

Steve Blank

FEBRUARY 23, 2013

My friend Ron Ashkenas interviewed me for his blog on the Harvard Business Review. Ron is a managing partner of Schaffer Consulting , and is currently serving as an Executive-in-Residence at the Haas School of Business at UC Berkeley. Big Companies versus Startups: Durant versus Sloan Business Model versus Business Plan'

Business Model 224

Business Model Business Plan Technical Review Search 224

Up and Running

SEPTEMBER 15, 2016

Most people think of the business plan as a one-time event, something used to accomplish a specific goal—getting funded, usually. The business plan, in its many different formats, can be used for a variety of purposes, including validating an idea, getting funded, and managing a business successfully.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Up and Running

AUGUST 21, 2018

This article is part of our Business Planning Guide —a curated list of our articles that will help you with the planning process! Today, I want to introduce a new approach to business planning: Lean Planning. Lean Planning is simpler and faster than writing a traditional business plan.

Lean 134

Lean Forecast Software Review Business Plan 134

Startup Professionals Musings

JULY 9, 2017

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

The Startup Magazine

MARCH 14, 2022

It is here that the groundwork is laid and the business model developed. A business plan is drawn up to attract investors and partners. The legalities of starting the business are addressed to create a structure for attracting funding. At this stage, the idea is pitched mainly to family and friends.

Technical Review 145

Technical Review Due Diligence India Startup 145

Up and Running

MAY 30, 2022

One of the most important things you can do to increase your chances of success is to have a business plan. From attracting potential investors to keeping your business on track—a business plan helps you to achieve important milestones and grow in the right direction. And it’s not just for startups.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150

YoungUpstarts

AUGUST 27, 2020

Perhaps more than any other industry, hospitality needs the help of innovators who can help them turn a profit when the core aspects of their business model have been upended. So although the business idea may be the harder part, something as common as knowing how to form an LLC in California remains as easy as clicking.

Entrepreneur 246

Entrepreneur Technical Review Startup LLC 246

Startup Professionals Musings

AUGUST 5, 2017

Writing a business plan is hard work, so I get lots of pushback from prospective new venture founders that it’s just a waste of their valuable time in this rapidly changing environment. They all claim to have the plan in their head, and writing it down will only slow down their success. Investors classify these as hobbyists.

Business Plan 179

Business Plan Business Model Distribution Partner 179

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. The Business Plan ?- And your revenue plan is something more than a hallucination.

Business Model 263

Business Model Customer Development Utah Business Plan 263

Steve Blank

MARCH 26, 2019

It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. In my experience, I saw that most business plans don’t survive first contact with customers. Product/Market Fit Versus The Business Model Canvas.

Lean 248

Lean Business Model Balance Sheet Video 248

YoungUpstarts

MARCH 19, 2019

Now, with his business Wellness Works Management Partners, Brandon manages multiple private practices and consults with entrepreneurs and health practitioners worldwide. Describe your professional background and how it led you to create Wellness Works Management Partners. What does Wellness Works Management Partners do?

Wisconsin 214

Wisconsin Partner Management United States 214

Steve Blank

SEPTEMBER 5, 2018

Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. We were positing that 20 years of teaching “how to write a business plan” might be obsolete. This post is part one.

Lean 298

Lean Business Model Customer Development Guinea 298

Up and Running

MAY 10, 2021

Due to these aforestated reasons, progressive healthcare businesses should definitely be looking at integrating this state-of-the-art tech innovation within their business models if they wish to stay ahead of their industry counterparts. Formulate a business plan to help improve your chances of success.

Management 114

Management Technical Review Cloud Software Review 114

Steve Blank

AUGUST 29, 2011

Max and his partners had interviewed and analyzed over 650 early-stage Internet startups. Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan , Customer Development , Market Types. Turns out his birthday is in a week, September 7th. Happy birthday Max.

Software Review 292

Software Review Early Stage Technical Review Startup 292

Startup Professionals Musings

DECEMBER 6, 2014

Early in the relationship, every investor instinctively looks for some key indicators of the ability to get results, like the following: Communicates well in every business medium. Others send investors email and business plans in all uppercase or no punctuation. Message delivery must be customized for each investor.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

Startup Professionals Musings

MAY 14, 2012

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 242

Business Model Distribution Viral Green 242