Remove Business Model Remove Cost Remove Forecast Remove Seed Money
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No Plan Survives First Contact With Customers – Business Plans versus Business Models

Steve Blank

There must be something really wrong with our business. We thought we’d take our plan and go raise seed money. We can’t raise money knowing our plan is wrong.”. Why a business plan is different than a business model. A business model describes how your company creates, delivers and captures value.

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Do the Math

Austin Startup

A business model must be created out of whole cloth, and generally it’s a compilation of assumptions piled on top of other assumptions. Every model has a happy outcome when a founder is trying to convince himself or herself, a team, an investor, or even a spouse that the venture ahead is a good idea.