Startup Professionals Musings

AUGUST 7, 2015

How the solution and business model work to fund the business. Every customer understands that your solution has to generate more revenue than cost, but you should not put that data in a customer pitch. Investors will impatiently expect a winning business model, customer segment definitions and volume projections.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

Startup Professionals Musings

AUGUST 13, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Do describe your intellectual property and “secret sauce”. Explain the business model. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

MAY 13, 2011

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Do describe your intellectual property and “secret sauce”. Explain the business model. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Gust

AUGUST 5, 2012

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Do describe your intellectual property and “secret sauce”. Explain the business model. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

NOVEMBER 2, 2018

At the other extreme, I don’t condone greedy and unethical business practices to unjustly shake down customers and employees alike. As an investor myself, I look for a balanced story focused on the major elements that drive profitability, including the following: A 5-year financial forecast achieving a positive cash flow early.

Intellectual Property 48

Intellectual Property Initial Public Offering Merger Acquisition 48

Startup Professionals Musings

APRIL 22, 2010

Explain in terms your mother could understand, and quantify the “cost-of-pain” in dollars or time. Do describe your intellectual property and “secret sauce”. Explain the business model. The most credible sizing approach is to do your financial model first with the volume, cost, and pricing parameters you want.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Up and Running

MAY 1, 2014

Your business plan isn’t complete without a financial forecast. If your business model (i.e., “how If you are raising money to start or grow your business, you need to include the details of what you need in the executive summary. You can look at your costs and then mark up your offering from there.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Up and Running

NOVEMBER 12, 2018

Defining the problem you’re trying to solve is an important part of your business plan because it’s the first place where you’ll demonstrate that idea is viable—that you can actually make money with your business model and idea. Share of the Market (SOM) : Your SOM is who you will reach in your first few years of business.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

APRIL 28, 2015

Your business model has to truly be similar to the company you are referencing. If you aren’t solving some problem in the world, you are going to have a long uphill climb with your business. Investors will expect to see your sales forecast, profit and loss statement, and cash flow forecast for at least three years.

Forecast 60

Forecast Hockey Stick Exit Strategy Intellectual Property 60

Tim Keane

JANUARY 12, 2010

3]   However, if they are built bottom up, they demonstrate and make explicit a range of business model assumptions the entrepreneur is using to think about his business and its revenue model.   In a bottom up approach, the forecast is built from actual user projections.   Why is this fair? .

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Up and Running

OCTOBER 3, 2018

Whichever type of plan you choose, remember that a business plan is a living document. Set a specific time each month to review it , comparing forecasts to actuals and revising as necessary. Assumptions change based on experience, and your business plan should change along with these assumptions. Be specific.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Up and Running

MAY 15, 2019

“The number one piece of advice I give new brewery clients that are in startup stages is to engage your main business vendors early on in the process and find the right people to serve your needs,” says Jason Jordan. There’s no one model—or one business plan—for breweries. Cash must be available to cover costs and offset delays.

Oregon 24

Oregon Jordan Software Review Distribution 24