Up and Running

MARCH 13, 2019

If your product or service doesn’t solve a problem that potential customers have, you don’t have a viable business model. That’s great if you are tackling such a problem, but for most businesses, that’s not the reality. As long as you, as an entrepreneur, are solving a problem that customers have, you can build a business.

Elevator Pitch 140

Elevator Pitch Video Forecast Oregon 140

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? Here’s an attempt to put this all in context.

Search 324

Search Business Model Customer Development Agile 324

Up and Running

FEBRUARY 12, 2019

I’ve heard many entrepreneurs deliver their pitch as if they’re auctioning off their grandmother’s antiques. It must be because they think they need to address every aspect of their business plan in one fell swoop, but doing so makes them seem anxious, tense, and nervous. Outline your business model. How much do they pay?

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

David Teten

AUGUST 6, 2015

Michael also observes, “One other comment I think would be worth mentioning, even though it seems ridiculously obvious, is the importance of speaking with model users about what is and isn’t important to them when analyzing a model….So 10) Create an area for assumptions and main drivers at the beginning (top or left) of the model.

Balance Sheet 60

Balance Sheet Software Review Forecast Acquisition 60

Startup Professionals Musings

FEBRUARY 13, 2016

Entrepreneurs who are looking to attract investors need to develop and pitch a plan -- preferably written -- that answers every potential investor question about your startup before it is asked. This is also the place to first mention patents and any other differentiators that put you ahead of competition.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. That’s the sales forecast, the spending forecast and the cash flow. That’s a lean business plan. It is not a document. What is your key focus?

Lean 60

Lean Business Plan Video Software Review 60

Up and Running

OCTOBER 8, 2015

I fell victim to a trap that plenty of entrepreneurs fall into every day: I fell in love with a product idea. Tons of businesses would need it and it was going to be a huge hit! Do it because it will greatly reduce risk as you start your business. Detailed market research isn’t necessary for all businesses.

Marketing 60

Marketing Forecast CTO Hire Finder 60

YoungUpstarts

MAY 26, 2017

Use a Bottom-Up Model. A common mistake is using a top-down model to forecast financials. This model tends to be way too optimistic, and ultimately unrealistic. Using the bottom-down model, you use your current situation and capabilities to see where you can reasonably go from there. Observe the 10/20/30 Rule.

Cofounder 185

Cofounder Silicon Valley Forecast Business Plan 185

Up and Running

JANUARY 24, 2014

I’ve heard many entrepreneurs deliver their pitch as if they’re auctioning off their grandmother’s antiques. It must be because they think they need to address every aspect of their business plan in one fell swoop, but doing so makes them seem anxious, tense, and nervous. Outline your business model.

Sweat Equity 138

Sweat Equity Churn Rate Forecast Business Model 138

Up and Running

MAY 30, 2022

It’s a living, breathing guide for existing businesses. One that business owners should revisit and update regularly. Actually writing a business plan is often a daunting task for potential entrepreneurs. This includes financial statements such as your profit and loss, cash flow, balance sheet, and sales forecast.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150

Up and Running

NOVEMBER 13, 2012

That’s great if you are tackling such a problem, but for most businesses, that’s not the reality. As long as you, as an entrepreneur, are solving a problem that customers have, you can build a business. Financial Summary - For a great pitch, you don’t necessarily have to show a detailed 5-year forecast.

Elevator Pitch 166

Elevator Pitch Forecast Oregon Differentiation 166

Up and Running

MAY 16, 2016

At present, there are more than 386,000 home health care businesses in the U.S., With a low barrier to entry and a growing demand, it is an appealing business for eager entrepreneurs. Step 1: Formulate your business plan. Additional market research resources include: Practical Market Research Resources for Entrepreneurs.

North America 95

North America United States Technical Review America 95

abovethecrowd.com

JULY 7, 2015

My partners and I have noticed an interesting trend over the past few years: an increase in the number of entrepreneurs who prefer to pitch us without the use of a presentation deck. Efficiently communicating your strategy, business model, and competitive differentiation is required for many critical things you will do as a company.

Warrant 40

Warrant Later Stage Forecast IPO 40