Startup Professionals Musings

SEPTEMBER 16, 2010

The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. Here are the key steps for a personal home-based business website selling a few products (as an alternative to Ebay): Go online to reserve a website domain name. Start simple.

Cost 220

Cost Startup Hosting Bootstrapping 220

Up and Running

SEPTEMBER 23, 2019

Working on writing your business plan and looking for some tools or resources to make it easier? Some people just want to see a sample business plan , so they can copy the outline, or topics covered, or style, putting in their own content of course. . Business plan template. Sample business plan.

Business Plan 60

Business Plan Incubator Software Review Programming 60

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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Business Plan Lean Forecast Balance Sheet 60

Up and Running

OCTOBER 3, 2018

What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. If you’re thinking about starting a business that buys up homes, fixes them up and then re-sells them at a profit, the first step is to write a business plan. It serves as a mini version of your entire plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

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. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

AUGUST 4, 2018

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. In that context, it could be a social enterprise, or even a hobby, and a business plan may not be beneficial. The only reliable test is a real one.

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Business Plan Lean Matching Cost 236

Up and Running

MARCH 4, 2022

The number fluctuates from year to year with businesses coming and going. If you want to remain profitable and thrive, you must have a plan to move forward. . A business plan does far more than help secure venture capital when you’re starting out. You’ll use a strong business plan throughout the life of a company.

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Business Plan Revenue Small Business Administration United States 117

The Startup Magazine

MAY 27, 2023

Useful Tools While you might not have a clear idea of the specifics of your business plan just yet (though it’s always worth thinking about), it will do you some good to brush up on the kinds of tools that are going to be useful for someone in your position. Your idea is a good one – it’s one that you believe in.

Social Media 113

Social Media Business Plan Software Review Audience 113

Startup Professionals Musings

APRIL 10, 2023

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. In that context, it could be a social enterprise, or even a hobby, and a business plan may not be beneficial. The only reliable test is a real one.

Business Plan 357

Business Plan Lean Matching Cost 357

Startup Professionals Musings

APRIL 14, 2014

Sponsored by VISA Business If you have a unique product or service, and you are not selling it around the world on the Internet, now is the time to start. The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites, for example, cost a million dollars to set up. Start simple.

Startup 252

Startup eCommerce Hosting Bootstrapping 252

Up and Running

SEPTEMBER 10, 2020

Over the past 20+ years, as an angel investor, former venture capitalist and private equity investor, and serial entrepreneur, I have seen and written, a wide variety of pitch decks and business plans. Beyond discussing facing adversity and overcoming obstacles, many of them have shared their business plans with me.

Business Plan 124

Business Plan Elevator Pitch Equity Private Equity 124

Startup Professionals Musings

NOVEMBER 18, 2011

The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. Here are the key steps for a personal home-based business website selling a few products (as an alternative to Ebay): Go online to reserve a website domain name. Start simple.

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Hosting Bootstrapping .Net Social Network 248

The Startup Magazine

SEPTEMBER 16, 2021

Without any prior agreements in place, this can cause a ton of problems that can lead to the collapse of the business. They tend to overlook costs like renting an office space, marketing, or employee benefits, which can be expensive. While that example is more extreme, the same principle applies to any business. Lack of funding.

Startup 132

Startup Demand Business Model Founder 132

Up and Running

JULY 22, 2014

Financial experts will have different opinions about what should be included in a financial plan, depending on the type of business you have and what you’re trying to accomplish with your business plan. These three components (revenue, COGS, and gross margin) are the backbone of your business model—i.e.,

Balance Sheet 148

Balance Sheet Forecast Equity .Net 148

Startup Professionals Musings

NOVEMBER 15, 2013

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. In that context, it could be a social enterprise, or even a hobby, and a business plan may not be beneficial. The only reliable test is a real one.

Business Plan 257

Business Plan Lean Matching Entrepreneur 257

Startup Professionals Musings

JANUARY 10, 2013

The cost of entry has never been lower. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up. Here are the key steps for a personal home-based business website selling a few products (as an alternative to Ebay): Go online to reserve a website domain name. Start simple.

eCommerce 196

eCommerce Hosting Bootstrapping .Net 196

Startup Professionals Musings

SEPTEMBER 30, 2023

I have to tell each of you that starting and growing a new business is a long hard road , but can be very exciting and satisfying if you find the right match, and do your homework before you start. Document and communicate a solid business plan.

Startup 237

Startup Angel Investor Matching Metrics 237

Up and Running

NOVEMBER 5, 2018

This article is part of our Business Startup Guide —a curated list of our articles that will get you up and running in no time! What will it cost to start that business? Many people underestimate startup costs and start their business in a haphazard, unplanned way. What are startup costs? Timing matters.

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Cost Balance Sheet Startup Intellectual Property 150

Startup Professionals Musings

OCTOBER 24, 2021

Some of the other items may cost a lot less, and may be worth far more in the long run. domainname.com) is just as critical as the company name, and the two should match as nearly as possible. The cost for a single trademark is less than $300. Business Plan. You need all these before you start looking for funding.

Intellectual Property 363

Intellectual Property Portfolio Valuation Non-disclosure Agreement 363

Startup Professionals Musings

JULY 24, 2016

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. In that context, it could be a social enterprise, or even a hobby, and a business plan may not be beneficial. The only reliable test is a real one.

Business Plan 120

Business Plan Startup Lean Matching 120

Startup Professionals Musings

JUNE 26, 2015

Few investors these days have the time or patience to read a full business plan, so a better way to catch their eye is with a tightly written and well formatted two-page executive summary. Skip the fuzzy marketing terms, such as "easier to use," "lower cost" and "disruptive technology."

Intellectual Property 120

Intellectual Property Elevator Pitch Angel Investor Technical Review 120

Startup Professionals Musings

JULY 17, 2020

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. In that context, it could be a social enterprise, or even a hobby, and a business plan may not be beneficial. The only reliable test is a real one.

Startup 359

Startup Business Plan Lean Matching 359

Startup Professionals Musings

JUNE 6, 2021

Entry cost is very high. This business suffers from what Paul Graham calls the ‘chicken and the egg problem‘ – no one wants to use a dating site with only a few users. It’s hard to invent and patent more “scientific” methods on how to match people. Lawsuit claims and Nigerian con artists are up, and disillusionment is growing.

Intellectual Property 337

Intellectual Property Social Network Matching Viral 337

Steve Blank

APRIL 23, 2014

Corporate business development and strategic partner executives are flocking to Silicon Valley to find these five types of innovation. In response, venture capital firms like Sequoia and Andreessen/Horowitz are hiring new partners just to work with their portfolio companies and match them to corporations.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Startup Professionals Musings

APRIL 3, 2016

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. 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.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

ReadWriteStart

JUNE 8, 2021

You may have a descriptive, thorough business plan to serve as the blueprint for the present and future of your organization – but there’s no guarantee it’s going to pan out the way you think. You can devise a streamlined, efficient workflow from scratch – but there’s no guarantee the “practice” is going to match the “theory.”

Employee 127

Employee Product Startup Software Review 127

Up and Running

SEPTEMBER 28, 2020

The company’s platform leverages data science to swiftly match an employee to the right specialist that’s in their network. A recent study found that a robust primary care system can help intercept illness, reduce health care costs, and manage patient care across multiple providers.

Technical Review 135

Technical Review Operations Technology Artificial Inteligence 135

Steve Blank

APRIL 4, 2011

The Agora team started the week wondering whether they were 1) a true marketplace for cloud computing, where they provide both matching and exchange capabilities for real-time trading. Or were they 2) an information exchange, providing matching services for cloud computing buyers and sellers, providing matching services.

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Customer Business Model Nebraska Cloud 234

YoungUpstarts

DECEMBER 26, 2012

If you’re starting a new business, do not take one more sip of coffee, one more step and spend one penny before you write your business plan. The executive summary is the first and most important part of your business plan. You describe how the numbers match up and how they will ultimately lead to a profit.

Business Plan 207

Business Plan Forecast Viral Matching 207

YoungUpstarts

MARCH 29, 2018

To keep track of all your expenditure and the effect this is having on your profits, you need to have a plan that details every facet of your business and the costs each incurs. Compare the budget you set for each expense against the accounts figures for that cost area. Consumables and miscellaneous costs.

Technical Review 100

Technical Review .Net Warrant Cost 100

Startup Professionals Musings

APRIL 1, 2015

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. 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.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

YoungUpstarts

NOVEMBER 4, 2019

When it comes to running a business, it’s always important to have a plan in hand. Whether it is about how you intend to run the business (a business plan) or what your contingency plan, like should there be an unexpected interruption that can hinder your business.

Software Review 113

Software Review Stock Security Revenue 113

crowdSPRING Blog

NOVEMBER 17, 2014

Well, it’s been a while since we last explored the topic of business plans and plenty has changed. The age of the 80-page plan has passed and has been replaced with the 140-character attention span. Business Summary. Related posts: The Business Plan. That’s it – not go get started!

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Business Plan Small Business Matching Balance Sheet 105

Startup Professionals Musings

MARCH 15, 2023

Others with the right confidence and personality were able to garner funding, despite a weak business plan. In a more general sense, find out as much as you can about every group and person you address, and tune your pitch ahead of time to match. There is no substitute for knowing your business.

Entrepreneur 279

Entrepreneur Due Diligence Angel Investor Silicon Valley 279

Startup Professionals Musings

FEBRUARY 7, 2015

Estimate your costs, including a 50 percent gross margin, as a lower bound on a price. Match with competitor prices and market demographics. Here again is your chance to make pivots for almost no cost. Plan and execute a pilot or local rollout. Good traction on a limited rollout is great validation of a business model.

Business Model 120

Business Model Technical Review Advisory Board Software Review 120

Up and Running

MAY 17, 2016

I often use steering as a metaphor for business planning. So too with running your own business, or starting a new one. Which is exactly why you want to focus on milestones and metrics in business planning. See Also: Milestones Make Your Business Plan a Real Plan.

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Metrics Social Media Business Plan Advertising 80