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8 Keys To That First Investment From People You Know

Startup Professionals Musings

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Practice your “elevator pitch,” and end it by asking for the order. If they won’t do it, they why would I as stranger invest in you?

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Raising Money Using Customer Development

Steve Blank

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? How many are there? Can it scale?”

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Seizing the Moment: Why Experts Believe Now is the Golden Opportunity for Investing in Israel

VC Cafe

.” Justin Borus, Ibex Investors Another company that largely benefited from Israel’s innovation is Nvidia, which became the third largest tech company in market cap: “Israel is home to world-leading AI researchers and developers creating applications for the next wave of AI.

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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

Let me assure you that a business plan and product plan are two different things (I have personally written several of both). To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context.

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Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

Once the order is fulfilled and paid for, the funds can be paid back. ? Research and development. 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.

Startup 150
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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

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. Even if they did, what if the assumption – that we had developed a better approach to teaching entrepreneurship – was simply mistaken?

Lean 298
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Do This One Thing Before You Write Your Business Plan

Up and Running

Today, I’m going to walk you through an easier way to get your business plan started, through developing a winning strategy. But first, let’s talk about why you’re writing a business plan. Most businesses start the planning process because they are applying for a loan or seeking funding from investors.