Up and Running

AUGUST 20, 2018

This article is part of our “ Business Planning Guide “ —a curated list of our articles that will help you with the planning process! What is a business plan? In its simplest form, a business plan is a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Startup Professionals Musings

JULY 1, 2020

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. What you don’t expect is to feel out of control , or to always be fighting the many demands for your time.

Due Diligence 306

Due Diligence Entrepreneur Startup Acquisition 306

Up and Running

AUGUST 16, 2017

As a full-time editor and academic mentor at an academic writing service, I have read hundreds of business plans over the years. To help students and startups, I have compiled a list of reasons business plans are rejected or given a low grade. Of course, there are obvious reasons that business plans fail.

Business Plan 127

Business Plan Hockey Stick Cofounder Salary 127

Startup Professionals Musings

MARCH 3, 2023

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Business Plan 280

Business Plan Product Architecture Business Model 280

Startup Professionals Musings

MAY 8, 2016

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Business Plan 120

Business Plan Product Architecture Startup 120

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. Success demands testing the solution early and quickly in the market, then iterating to get it right.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

Up and Running

MAY 1, 2014

You’ve reviewed what a business plan is , and why you need one to start and grow your business. It’s time to dig into the process of actually writing a business plan. In this step-by-step guide, I’ll take you through every stage of writing a business plan that will actually help you achieve your goals.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Hearpreneur

FEBRUARY 18, 2024

Here are the various ways entrepreneurs and business owners stay motivated in business. #1- Networking with other entrepreneurs and engaging in constant learning also play a significant role in sustaining my motivation. Sharing experiences and insights with peers provides fresh perspectives and new ideas.

Entrepreneur 116

Entrepreneur Jordan Networking AJAX 116

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. To secure your funding, you must establish the feasibility of your idea through proper planning and implementation. You can get a personal loan without a business plan.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JANUARY 18, 2014

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. Success demands testing the solution early and quickly in the market, then iterating to get it right. Marty Zwilling.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Startup Professionals Musings

FEBRUARY 8, 2021

In my experience as an angel investor for new startups, I’m always surprised by how many entrepreneurs are looking for funding without outside advisors. Especially if you are a first-time business owner, the payback for this initiative is well worth the effort and cost. Remember that people make a business, more often than a product.

Advisory Board 356

Advisory Board Bandwidth Cofounder Technical Review 356

Hearpreneur

SEPTEMBER 25, 2022

Besides the general focus on customer and product development, an entrepreneur should foresee the next moves that will serve to guide him on the right path. When an entrepreneur can forecast his next moves, even his/her employees become part of the moves the business makes. This is my vision for the next 5-year business plan.

Forecast 127

Forecast Artificial Inteligence Entrepreneur Technical Review 127

The Startup Magazine

SEPTEMBER 21, 2020

We interviewed Mr. Abraham Gin, an entrepreneur, business coach, and CEO of Gin Consulting Group , which provides unique leadership development and training platforms. Abraham serves his clients with both forward-looking business growth strategy and digital marketing through leadership applications partners.

Leadership 166

Leadership Founder Technical Review Entrepreneur 166

The Startup Magazine

MAY 26, 2024

For aspiring entrepreneurs, establishing a Montessori preschool not only addresses the growing demand for quality early childhood education but also offers a fulfilling business opportunity. Conducting Market Research Market research is a critical first step in starting any business, including a Montessori preschool.

Entrepreneur 124

Entrepreneur Business Plan Security Demand 124

Up and Running

JANUARY 29, 2019

You know there is demand. Though you may be tempted to immediately throw yourself into your new small business, don’t forget a crucial element: creating a business plan. The Lean Plan for solopreneurs. Even if your field is yet-to-exist (talking parakeets on-demand, anyone?), You know this can work.

Lean 64

Lean Business Plan Revenue Forecast 64

Hearpreneur

APRIL 9, 2023

It’s becoming increasingly important for every business to have at least basic technology to run daily operations in the current day society. Society is changing and so is its demand and supply for new products and services. With new technology emerging, we can only imagine the changes it will bring along to the business platform.

Technical Review 105

Technical Review Artificial Inteligence Technology Entrepreneur 105

Startup Professionals Musings

AUGUST 11, 2013

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. In a business plan these are called marketing campaigns, which continue to rise in cost. People are more demanding and have more choices than ever before.

Viral 249

Viral Marketing Entrepreneur SEM 249

The Startup Magazine

JUNE 13, 2024

Consider pursuing an MBA degree to deepen your understanding of the basics of business. A Master of Business Administration, or MBA, is considered the golden ticket for aspiring entrepreneurs. This degree equips them with the skills required to navigate the complexities of running a business successfully.

United States 92

United States Bootstrapping Social Media Angel Investor 92

The Startup Magazine

APRIL 14, 2021

The life of the entrepreneur is defined by big goals. Develop a Business Plan. The first thing to do is to plan. Failing to plan is planning to fail. You need a business plan. The simple act of writing a business plan dramatically increases your odds of success. Secure Funding.

LLC 135

LLC Startup Business Plan Security 135

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.,

Business Plan 156

Business Plan Silicon Valley RSS Venture Capital 156

The Startup Magazine

MARCH 2, 2023

You will need to look at past situations, analyze different scenarios and create a flexible business plan. A simple way to do this is to divide the scenarios into three categories; worst-case, likely-case, and best-case, and use your intuition and the facts to make a plan for all consequences.

Management 145

Management Business Plan Advertising Finance 145

Startup Professionals Musings

NOVEMBER 30, 2015

Aspiring entrepreneurs often ask me what to do first when starting a business. Just don’t try to sell your business to investors before it is well established. Instead, entrepreneurs need to focus first on execution disciplines and timing. Build your time line and momentum quickly after your business' start.

Intellectual Property 120

Intellectual Property Entrepreneur Preferred Stock Stealth 120

Startup Professionals Musings

MAY 31, 2020

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Entrepreneur 310

Entrepreneur Architecture Business Plan Startup 310

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. Success demands testing the solution early and quickly in the market, then iterating to get it right.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Startup Professionals Musings

APRIL 23, 2012

A startup is all about "execution" - meaning the equity should be allocated based on the value that each partner brings to the table in each of these dominant variables: Experience running a startup business. Successful Fortune 500 executives need not apply, since most would have experience with any of these tasks.

Intellectual Property 252

Intellectual Property Equity Cofounder CTO Hire 252

Startup Professionals Musings

AUGUST 26, 2019

As an advisor to business owners, and an occasional angel investor, my job is to separate the actual challenges from the common misconceptions that distract many promising entrepreneurs while building the leadership team required for your solution, marketing, and finance success. Sharing your business ownership increases the risk.

Bandwidth 246

Bandwidth Software Review Salary Angel Investor 246

Startup Professionals Musings

MAY 12, 2023

As an angel investor and a mentor to aspiring entrepreneurs, I’m always disappointed to see founders who seem stressed out most of the time, and more annoyed than energized by the abundance of challenges they see in building their startup. Investors and strategic partners look for entrepreneurs who can execute.

Entrepreneur 176

Entrepreneur Angel Investor Demand Partner 176

Hearpreneur

OCTOBER 12, 2022

Here are the various ways entrepreneurs and business owners stay motivated in business. #1- I would say, that there are a great number of examples of business people who have taken risks and gone on to achieve tremendous levels of success. I think most entrepreneurs are naturally motivated people.

Entrepreneur 118

Entrepreneur Technical Review Silicon Valley Community 118

YoungUpstarts

APRIL 5, 2020

A print on demand shop is a business venture that offers different custom-made items, such as t-shirts, hoodies, books, mugs, rugs, key chains, and household items. These personalized items can be effective promotional materials to catch the attention of your target audience within your business niche. Is it profitable?

Demand 165

Demand Audience Design Hiring 165

YoungUpstarts

JANUARY 19, 2019

It is not rare for entrepreneurs to buckle under the pressure and start to make poor decisions, some of which set their plans back or critically hurt the company’s potential. Potential entrepreneurs most commonly fall victim to the fear of failure. Launching a startup is not easy – at any phase. Do Not Fear Failure.

Startup 225

Startup Web Development Operations Business Plan 225

Startup Professionals Musings

AUGUST 8, 2022

Yet in my role as a small business advisor, I still see a singular focus on achieving repeatable processes and “cookie-cutter” manufacturing. Plan in great detail and avoid things not in the budget. Business plans should be loose frameworks to be used as guidelines rather than detailed route maps.

Stock Options 277

Stock Options Incubator Framework Stock 277

Up and Running

MARCH 28, 2017

Being nimble and fast-moving are excellent traits for any entrepreneur, but even the smartest entrepreneurs should do a bit of planning before investing time and money into building a new business. Validating demand for your idea. What is demand validation? This is where demand validation comes into play.

Demand 60

Demand Customer Product Email 60

The Startup Magazine

JANUARY 9, 2024

Develop agility and adaptability Image credit Having agility in decision-making is a vital aspect of achieving business success. The capacity to promptly adapt to market demands and take calculated risks can assist in staying ahead of competitors. It is important to understand that no plan will remain unchanged, and it should not.

Programming 126

Programming Agile Advertising Lead Generation 126

YoungUpstarts

JULY 7, 2020

And if you are an aspiring business owner, aluminium joinery business is a great way to start your journey because of its high demand in the market. Here are tips on how to start on this business: Have a business plan. Another factor you must consider will be the location of your business.

Reputation 237

Reputation B2B Technical Review Social Media 237

Hearpreneur

JUNE 4, 2023

We asked entrepreneurs and business owners about the nonmonetary perks and benefits in their businesses and here are the responses. #1- Thanks to Marco Scanu, Visa Business Plans ! #6- 6- High freedom Photo Credit: Tim Connon The best nonmonetary benefits to my business are the high amount of freedom I have.

Entrepreneur 87

Entrepreneur Software Review Employee Programming 87

Startup Professionals Musings

JUNE 3, 2020

Most of you aspiring entrepreneurs have new ideas on a regular basis, and find it hard deciding which to pursue, or try to tackle several at the same time. Good examples of initial focus by an entrepreneur would include Jeff Bezos when he started Amazon as an online marketplace for books only, and Elon Musk starting PayPal as an online bank.

Intellectual Property 315

Intellectual Property Entrepreneur Forecast Differentiation 315

Startup Professionals Musings

OCTOBER 16, 2023

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell.

Forecast 290

Forecast Burn Rate Widget Business Plan 290