Startup Professionals Musings

JANUARY 30, 2021

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing.

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Up and Running

OCTOBER 22, 2014

So, you’ve been asked to write a business plan. Today, I’m going to walk you through an easier way to get your business plan started, through developing a winning strategy. Today, I’m going to walk you through an easier way to get your business plan started, through developing a winning strategy.

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The Startup Magazine

OCTOBER 25, 2023

Photo by Windows on Unsplash The Business Plan: Writing Your Roadmap to Success. But before diving in head first, be sure to map out a plan. Remember that the more unique and carefully planned your venture is, the greater its chance of standing out amongst crowded digital nomad market!

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Up and Running

MAY 9, 2022

One of the best uses for a business plan is as an internal management tool to help you run your business. Now, this doesn’t mean that you need to write a full business plan that you’d traditionally use to pursue funding or pitch to investors. . What is an internal business plan?

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Startup Professionals Musings

FEBRUARY 14, 2022

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

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Up and Running

MAY 14, 2015

Business plans go by many names: Strategic plans, operational plans, internal plans, and many others. Lately, I’ve been focusing on lean business plans. There are also one-page business plans, although those are really more summaries. Business plans for startups.

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Startup Professionals Musings

FEBRUARY 12, 2023

In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan. A business plan is for you first, not investors. Entrepreneurs need to spend time working on the business, as well as in the business.

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Intellectual Property Startup Angel Investor Viral 312

Up and Running

JANUARY 29, 2019

Though you may be tempted to immediately throw yourself into your new small business, don’t forget a crucial element: creating a business plan. Yes, the words “business plan” might trigger some dread about epic documents that take a ton of time to produce—but that’s not necessarily what a business plan needs to be.

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Up and Running

APRIL 20, 2016

The business plan for strategic growth is one of my favorites because it’s about core business decisions, steps, metrics, and making things happen. It matches my vision of business planning as ongoing management and steering a business. It’s not about explaining or defending a business for outsiders.

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Startup Professionals Musings

JANUARY 24, 2021

In reality, it is nothing more than a final integrity check on all aspects of the business and the team. Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story.

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Up and Running

MAY 8, 2015

A lean business plan does what every business owner and aspiring startup needs to manage strategy, tactics, execution, and essential business numbers. A lean business plan steers the company toward its goals, and also to tracking and managing progress, expectations, and accountability. Why lean ?

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Up and Running

MARCH 26, 2015

Unsure what kind of business plan you need? We get this question a lot, mainly because there are so many different things labelled as business plans: strategic plans, annual plans, operational plans, feasibility plans, and, of course, what most people think of, business plans for startups seeking investment.

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Startup Professionals Musings

APRIL 18, 2021

Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves. Even if you feel that all is well, here are some thoughts and actions I would strongly recommend: Whole team must know the plan. The right answer is somewhere in between.

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Technical Review Due Diligence Term Sheet Angel Investor 380

The Startup Magazine

OCTOBER 4, 2023

Developing a Business Plan The findings from your market research should form the backbone of your comprehensive business plan. A well-thought-out business plan helps keep your business on track, acting like a roadmap to your intended destination.

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Steve Blank

MAY 7, 2009

I hate business plan competitions. I Love Business Plan Competitions I had a breakfast with a friend who has founded a few companies in Thailand and started the New Ventures Program at one of their universities. For all the reasons why business plan competitions are wonderful for students from outside the U.S.,

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ConversionXL

JUNE 16, 2022

A marketing playbook helps you achieve brand consistency across channels and campaigns. A marketing playbook is a reference guide that outlines how a business will manage its marketing on a particular channel or campaign. What’s inside will differ depending on the channel or marketing campaign. Content channels.

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Startup Professionals Musings

MAY 17, 2020

In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan. A business plan is for you first, not investors. Entrepreneurs need to spend time working on the business, as well as in the business.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

YoungUpstarts

MAY 13, 2020

A business plan relates to formulating smart goals and indicating the possible course of action to achieve those goals. So why should public relations be a part of your business plan? In this post, you’ll find out the importance of including PR in your business plan. Create Clearly Defined Objectives.

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Up and Running

JULY 31, 2015

This week Peter and Jonathan talk to Tim Berry, founder of Palo Alto Software, about lean business planning, strategy, tactics, specifics (milestones), and the forecast. Lean Business Planning by Tim Berry – (31:21). Preorder on Amazon.com – Lean Business Planning: Get What You Want From Your Business.

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Lean Business Plan Forecast Software Review 60

Startup Professionals Musings

JANUARY 6, 2023

Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. Perhaps the focus should be on a single distribution channel, better customer service, or a simplified pricing structure.

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Startup Professionals Musings

APRIL 11, 2020

Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. Perhaps the focus should be on a single distribution channel, better customer service, or a simplified pricing structure.

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Startup Professionals Musings

FEBRUARY 8, 2021

Here are some key reasons why I believe every entrepreneur should create a formal Advisory Board or Board of Directors before they ask for funding, or even build their business plan: We all need a bit of reality to balance our passion. Remember that people make a business, more often than a product.

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Advisory Board Bandwidth Cofounder Technical Review 356

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. — Over the last three years the Lean LaunchPad class has started to replace the last century’s “how to write a business plan” classes as the foundation for entrepreneurial education.

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Up and Running

AUGUST 6, 2021

Older people cling to the notion of listening to their elders and getting advice through traditional channels. They’re accessible via more channels. Small businesses that choose to target younger people can choose from a range of viable digital channels for their promotional efforts.

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Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Money myth: Why having too much money leads to failure.

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Up and Running

MAY 13, 2015

In this week’s episode, we use the Bluth’s Frozen Banana Stand to show you how to write a business plan in under an hour. Listen: Show notes: How to Write a Business Plan in Under an Hour by Noah Parsons – (:57). Content Marketing for Small Businesses (feat. Read also: TAM, SAM, SOM – huh??

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The Startup Magazine

AUGUST 11, 2023

One needs to evaluate their go-to-market strategy, distribution channels, scalability, execution team, and so on at this time. Pre-Seed New businesses, often known as startups, have just entered the very first stage of the investment process. An investor can make two types of investments in a startup: direct and indirect.

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Seed Stage Technical Review Early Stage Due Diligence 125

Startup Professionals Musings

AUGUST 13, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Industry & market sizing. Marketing, sales, and partners.

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Up and Running

NOVEMBER 15, 2017

All of our SWOT analysis examples are based on real businesses that we’ve featured in our gallery of free example business plans. See Also: The Complete Sedibeng Breweries Business Plan. See Also: The Complete Botanical Bounty Business Plan. Sales channel relationships. Customer testimonials.

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Botswana Business Plan Oregon Distribution 148

Hearpreneur

DECEMBER 15, 2023

Here are the responses; #1- A new branch Photo Credit: Dmitrii Kustov In 2024, we're planning to start a new branch with a novel endeavor that aligns with my passion for sustainability. This new branch is not just an expansion but a mission-driven venture, focusing exclusively on businesses actively contributing to the green sector.

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Software Review Entrepreneur Technical Review Algorithm 115

Up and Running

NOVEMBER 12, 2020

Leveraging the power of ML or Machine Learning, AI can help channelize your marketing spending in proper directions leading to a higher return on investment (ROI). If you plan to seek out funding , you’ll need to outline your marketing spend, as well as the channels and campaigns you intend to run. Pitch to investors.

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Startup Professionals Musings

OCTOBER 16, 2023

Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Thus, financial projections for up to five years are a necessary element in every business plan. How else will you be able to convince yourself and your team that your business is viable? Forecast sales-volume expectations.

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Steve Blank

MARCH 5, 2015

Starting this Monday, March 9 th 4-6pm Pacific Time I’ll be on the radio hosting the Bay Area Ventures program on Sirius XM radio Channel 111 – the Wharton Business Radio Channel. Alex Osterwalder – Business Models. Mark your calendar for 4-6pm Pacific Time on Sirius XM Radio Channel 111 : March 9 th.

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Startup Professionals Musings

MAY 13, 2011

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Industry & market sizing. Marketing, sales, and partners.

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YoungUpstarts

AUGUST 28, 2020

However, there are various things to consider when you think of crafting a business plan, and one of the most important is online dental marketing. Here a digital marketer starts blogging, share content to social media channels, and optimise online directories. It helps you achieve success for your dental practice.

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Marketing Social Media Startup SEO 200

YoungUpstarts

APRIL 26, 2016

In no small way, the success of your venture will depend on the details of your business plan. It should outline your business goals and how you will achieve them. Also, your business plan should incorporate risk-management tactics and financial projections. Develop a comprehensive marketing plan.

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Up and Running

MAY 12, 2020

Develop a Business Plan. It’s been proven that planning makes you more successful. Beyond writing a business plan to acquire funding (if that’s what you need), a business plan can help keep you on track to meet your milestones and goals. Determine what type of business plan is right for you .

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