Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. 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

YoungUpstarts

MARCH 22, 2019

The above scenario could have easily been avoided by simply implementing small business accounting software , which has the capacity to: Generate and send instant invoices. Provide real-time stock and inventory levels. Starting your business on the right foot with a solid foundation and a workable business plan is the ideal basis.

Software Review 176

Software Review Due Diligence Startup Stock 176

Startup Professionals Musings

MAY 29, 2012

Yet I continue to see business plans, or even talk to founders, and can’t find the specifics of the business model anywhere. As Guy Kawasaki says in his book “ The Art of the Start ,” if you can’t describe your business model in ten words or less, you don’t have a business model.

Business Model 238

Business Model eCommerce Business Plan Revenue 238

Startup Professionals Musings

NOVEMBER 6, 2019

There is nothing wrong with a focus on making the current business model work better. Plan in great detail and avoid things not in the budget. Business plans should be loose frameworks to be used as guidelines rather than detailed route maps. Decisions made lower down always get more buy-in.

Stock Options 236

Stock Options Incubator Framework Stock 236

ReadWriteStart

JUNE 1, 2020

In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. For these businesses, it is imperative to get funding from the start without which the company cannot be set up.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JANUARY 14, 2023

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. Build a business plan and model that is attractive to investors.

Hockey Stick 339

Hockey Stick Intellectual Property Non-Compete Business Model 339

Up and Running

APRIL 27, 2020

There’s a great amount of uncertainty, people losing their jobs, and a direct hit on cash flows that can place businesses in dire straights. Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway.

Software Review 113

Software Review Lean Forecast Business Plan 113

Startup Professionals Musings

APRIL 19, 2020

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. Build a business plan and model that is attractive to investors.

Hockey Stick 386

Hockey Stick Intellectual Property Startup Non-Compete 386

Startup Professionals Musings

NOVEMBER 19, 2017

There is nothing wrong with a focus on making the current business model work better. Plan in great detail and avoid things not in the budget. Business plans should be loose frameworks to be used as guidelines rather than detailed route maps. Decisions made lower down always get more buy-in.

Stock Options 141

Stock Options Incubator Framework Stock 141

Startup Professionals Musings

NOVEMBER 30, 2015

A C-corporation is more complex and expensive, and is recommended only if you expect to pitch to professional investors who demand preferred stock, or to more than 100 potential shareholders. Don’t put your family assets at risk by assuming that a sole proprietorship or partnership will cover your business needs.

Intellectual Property 120

Intellectual Property Entrepreneur Preferred Stock Stealth 120

Up and Running

AUGUST 28, 2019

Agree upon how much of this business each of your leaders owns, and write that down on slips of paper called “stock certificates”. Once that’s done, you’re free to get to work running and growing your new business! Decide on your business location. Issue stock. Write that stuff down in a special book.

Delaware 83

Delaware Stock Nevada Technical Review 83

Up and Running

OCTOBER 30, 2017

This article is part of our “ Business Startup Guide ”—a curated list of our articles that will get you up and running in no time! People often ask us for a list of steps they can use to start their own business. From business type to business model to physical location, there are so many variables!

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

Startup Professionals Musings

FEBRUARY 23, 2010

Yet I continue to see business plans, or even talk to founders, and can’t find a clear business model. As Guy Kawasaki says in his book “ The Art of the Start ,” if you can’t describe your business model in ten words or less, you don’t have a business model. eCommerce model.

Business Model 120

Business Model eCommerce Revenue Stock 120

Women Entrepreneurs Can

JANUARY 15, 2020

There are numerous business models where a warehouse will be an essential piece of the puzzle. You can use it to store your stock before it is shipped out to customers and clients. The post Choosing the Right Warehouse for Your Business Model appeared first on WECAN.

Business Model 52

Business Model Security Stock Cost 52

Up and Running

JULY 22, 2014

Financial experts will have different opinions about what should be included in a financial plan, depending on the type of business you have and what you’re trying to accomplish with your business plan. These three components (revenue, COGS, and gross margin) are the backbone of your business model—i.e.,

Balance Sheet 148

Balance Sheet Forecast Equity .Net 148

SoCal CTO

JUNE 9, 2010

He’d wasted a year of his life and had a pile of stock options that weren’t very interesting. Solving the "marketplace" business model - A Smart Bear: Startups and Marketing for Geeks , May 10, 2010 A sizable percentage of Capital Factory startup submissions take the form of the "marketplace." Tesla is not.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

YoungUpstarts

OCTOBER 26, 2018

When a small business startup manages to secure external investment magical things happen. But before it can happen, entrepreneurs need to be aware that the benefits of investment involve assurances, sound business planning and scalability. Recognizing the biggest benefit of external investment.

Stock 166

Stock Stock Options Startup Security 166

Women Entrepreneurs Can

JUNE 30, 2020

Make sure to set your sights further afield as well, by looking towards your indirect competition and businesses that aren’t in the same industry as you. Just because they offer a different product or service, that doesn’t mean that you cannot apply and implement their most effective strategies into your own business models.

Small Business 52

Small Business eCommerce Technical Review Green 52

Startup Professionals Musings

MARCH 14, 2020

Experienced entrepreneurs understand investor expectations of Board representation, preferred stock, and payments based on interim milestones. Undefined business model or very low gross margins. Ask only for the money you can justify. Naïve expectations on funding terms and process.

Due Diligence 308

Due Diligence Intellectual Property Preferred Stock Seed Stage 308

Steve Blank

JULY 19, 2010

I’ll offer that both entrepreneurs and VC’s have the wrong model for founding CEO equity compensation. The customary vesting model has founders vest their stock over 4-years , and when the founding CEO gets in over their head the VC’s bring in professional management. It’s About Finding the Business Model.

Vesting 251

Vesting Liquidity Event Venture Capital Founder Vesting 251

Startup Professionals Musings

FEBRUARY 28, 2011

Yet I continue to see business plans, or even talk to founders, and can’t find the specifics of the business model anywhere. As Guy Kawasaki says in his book “ The Art of the Start ,” if you can’t describe your business model in ten words or less, you don’t have a business model.

Business Model 231

Business Model eCommerce Revenue Stock 231

Startup Professionals Musings

SEPTEMBER 7, 2013

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. Build a business plan and model that is attractive to investors.

Hockey Stick 278

Hockey Stick Intellectual Property Startup Non-Compete 278

crowdSPRING Blog

MARCH 26, 2019

Here’s a complete, 9 step guide on how to start a brewery business. Choose a business model. Fill in the business blanks. Choose a business model. Before you can start to seriously plan your own craft beer business, you need to understand the end goal that you’re aiming for.

Small Business Administration 94

Small Business Administration Distribution LLC Small Business 94

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. The deal we made with him was he’d get 33.3%

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Startup Professionals Musings

FEBRUARY 13, 2016

As a startup advisor and investor, I recommend a pitch deck with about 10 slides backed up with a written business plan of approximately 20 pages, both containing quantified answers to the following key questions. What is the business problem you are solving? How does your business model make money?

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Startup Professionals Musings

FEBRUARY 14, 2016

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. Build a business plan and model that is attractive to investors.

Hockey Stick 120

Hockey Stick Intellectual Property Non-Compete Business Model 120

YoungUpstarts

JANUARY 6, 2015

You should adjust your business model where necessary. Have a look at their business model and figure out if anything changed just before the started to experience success. Many businesses succeed or fail on this basis. These will be the bread and butter of your company as a functioning business. If so, why?

Naming 100

Naming Stock Business Model Demand 100

www.inc.com

SEPTEMBER 24, 2011

Writing A Business Plan. Running A Home-Based Business. Naming a Business. Financing a Small Business. Buying a Small Business. RUNNING A BUSINESS. Strategy and Planning >. Why Arizona Bay started taking stock from its customers instead of cash. Sales & Marketing | Wednesdays.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Startup Professionals Musings

JANUARY 11, 2015

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. Build a business plan and model that is attractive to investors.

Hockey Stick 120

Hockey Stick Intellectual Property Non-Compete Business Model 120

YoungUpstarts

OCTOBER 19, 2018

Banks offer commercial loans for businesses but they can be difficult to get for startups. They are for established businesses. You have to have a viable business plan with a good credit score and collateral to qualify. You may choose to sell part of your company to your employees via a stock ownership plan.

Finance 157

Finance Equity Vesting Dividend 157

Entrepreneurs-Journey.com by Yaro Starak

JANUARY 21, 2011

Stock Market In my Junior year in college, I started day trading and grew a $2,000 pot to over $40,000 thanks to a big one-hit wonder. I am not a guru in stock trading. For example, my dad wouldn’t touch stocks because he doesn’t understand them. In fact I don’t care to be. The arbitrage simply works.

Internet 80

Internet Technical Review Stock Due Diligence 80

YoungUpstarts

AUGUST 12, 2016

Print A Confidentiality Statement On Your Business Plan. Instead, you might want to print a confidentiality statement on your business plan. A company’s name is usually associated with the idea, so by trademarking your name , you could be adding a little extra layer of protection to your business model and plan.

Non-disclosure Agreement 100

Non-disclosure Agreement Startup Security Stock 100

Up and Running

OCTOBER 31, 2011

People are always asking for a list of fundamentals, a checklist they can use to start their own businesses. From your business type to your business model to your physical location, there are so many variables it’s not easy to come up with a list that will work for everybody. Why do you want to start a business?

Finance 130

Finance Venture Capital Business Plan Stock 130

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Tim Keane

DECEMBER 14, 2009

  vesting (of founders stock) is a way for founders to protect themselves from one another.    vesting (of founders stock) is a way for founders to protect themselves from one another.  Greg Gianforte: Bootstrapping Your Business: Start And Grow a Successful Company With Almost No Money. TrackBack. . 

Burn Rate 60

Burn Rate Angel Groups Seed Stage Startup 60

Steve Blank

MARCH 18, 2011

The Business Plan (Concept- Alpha-Beta - FCS ) became the playbook for startups. Rather they understood that a startup is a temporary organization designed to search for a repeatable and scalable business model. Startups began to recognize that they weren’t merely a smaller version of a large company.

Internet 334

Internet IPO Silicon Valley Agile 334

Austin Startup

AUGUST 20, 2017

Between day one and your first confrontations with those issues, particularly if you’ve raised any outside capital, you will have formed a board and stocked it with people you can really get to work on your behalf. Your original business plan will probably go out the window when you land your first customer.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48