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. Traction in the marketplace.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

Up and Running

JUNE 28, 2016

What kinds of businesses are likely to jump in on it if you create a new market and become successful? In the early days of business plan software, when I first developed and sold templates to do business plan financials in the middle 1980s, I was the first to do that. Know your business needs.

Business Plan 109

Business Plan Technical Review Software Review Vertical 109

Up and Running

NOVEMBER 12, 2018

There are several different types of business plans that can help you stay on track. If you’re seeking a bank loan or outside investment, you probably need a traditional business plan. But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan.

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Business Plan Curation Balance Sheet Intellectual Property 63

Startup Professionals Musings

JANUARY 30, 2021

This is not just a product pitch, but must include all elements of your pricing, marketing, distribution and maintenance. A small advisory board of outside people with experience in your domain can give you the unbiased feedback you need, as well as connections for setting up distribution and sales channels.

Technical Review 399

Technical Review Product Advisory Board Business Model 399

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. Every aspect of every product requires development, testing, manufacturing, marketing, and distribution. It’s tough for an elephant to be agile.

Startup 287

Startup Bandwidth Distribution Agile 287

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.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

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.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

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. Every aspect of every product requires development, testing, manufacturing, marketing, and distribution. It’s tough for an elephant to be agile.

Startup 424

Startup Bandwidth Distribution Agile 424

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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Public Relations Business Plan PR Distribution 211

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.

Technical Review 380

Technical Review Due Diligence Term Sheet Angel Investor 380

Up and Running

JULY 3, 2015

See Also An Overview of Lean Business Planning. The management magic of business planning. This is how I discovered the management magic of business planning. Why build a separate system of employee review and the extra structure around it when that’s all built into proper business planning?

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Business Plan Management Software Review Lean 60

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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Business Plan Forecast Lean Channel 160

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

Startup Professionals Musings

JUNE 11, 2022

A nonprofit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. You still start the process with a business plan, but then you look for a philanthropist rather than an investor.

Angel Investor 327

Angel Investor Equity Technical Review Exit Strategy 327

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 140

Business Plan Silicon Valley RSS Venture Capital 140

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.

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Lean Business Plan Video Software Review 60

Startup Professionals Musings

JUNE 2, 2023

Huge investments are also required to ramp up manufacturing, build a distribution network, and provide the support infrastructure. Niche or low growth-rate businesses opportunities. For new car companies such as DeLorean and Fisker, designing and testing the product is only the beginning.

New York City 246

New York City Silicon Valley Bootstrapping Technical Review 246

Business Plan Blog

JUNE 13, 2013

Read about How to Write a Business Plan. A business idea is not enough to build a successful business. Ideas are everywhere, but successful businesses are not. The difference lies in having a solid business model and business strategies around your great idea.

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Business Plan Balance Sheet Restful Differentiation 55

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). Read also: TAM, SAM, SOM – huh?? Jonathan: Thank you guys for listening to us so far.

Business Plan 60

Business Plan Marketing Oregon Small Business 60

Startup Professionals Musings

SEPTEMBER 7, 2020

Huge investments are also required to ramp up manufacturing, build a distribution network, and provide the support infrastructure. Niche or low growth-rate businesses opportunities. For new car companies such as DeLorean and Fisker, designing and testing the product is only the beginning.

New York City 315

New York City Silicon Valley Startup Bootstrapping 315

Startup Professionals Musings

AUGUST 5, 2017

Writing a business plan is hard work, so I get lots of pushback from prospective new venture founders that it’s just a waste of their valuable time in this rapidly changing environment. They all claim to have the plan in their head, and writing it down will only slow down their success. Investors classify these as hobbyists.

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Business Plan Business Model Distribution Partner 179

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.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Steve Blank

SEPTEMBER 5, 2018

NewTV will depend on partners like telcos to distribute the content. Given Verizon just shut down Go90 , its short form content video service, it will be interesting to see if Verizon distributes Katzenberg’s offerings.). But NewTV doesn’t plan on testing these hypotheses. If not, he still has the option to pivot.

Lean 335

Lean Burn Rate Startup IPO 335

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. Sedibeng’s primary market advantages are their company culture, consistent “quality” branding, traditional brew recipes, and commitment to rural distribution. Potential strategies for growth.

Botswana 148

Botswana Business Plan Oregon Distribution 148

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.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Startup Professionals Musings

SEPTEMBER 8, 2019

A nonprofit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. You still start the process with a business plan, but then you look for a philanthropist rather than an investor.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

ReadWriteStart

DECEMBER 16, 2020

To be fair, many businesses had distributed teams even before COVID-19 blindsided us. But with the pandemic showing no signs of abating in the United States and elsewhere, they’ve been forced to rethink their business plans. In distributed teams, employee engagement is critical. Image Credit: pixaby.

Technical Review 200

Technical Review Startup Belgium Software Review 200

YoungUpstarts

SEPTEMBER 21, 2020

At the first stage, it is necessary to analyze competitors, explore the market, develop a business plan, define prospects, correctly distribute tasks and available budget, create a «skeleton» with which the developer can already work. But before you start looking, you have to know what you’re offering and where you’re going.

Hiring 159

Hiring Developer Software Review Development Team Review 159

Startup Professionals Musings

DECEMBER 2, 2022

Distribution. How do you distribute your product or service? Some products and services can be sold and distributed online, others require multi-level distributors, partners, or value-added resellers. A viable and investable business model is one of the first things you need to highlight in your business plan.

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Business Model Distribution Viral Green 256

Up and Running

MARCH 11, 2020

Resources for starting a transportation business. Transportation business plan samples. How to start a non-emergency medical transport business. Free downloadable business plan template . 44 percent of businesses plan to increase tech spending in 2020, up from 38 percent in 2019. Technology.

Technical Review 97

Technical Review Green Silicon Valley Non-Compete 97

ConversionXL

JUNE 16, 2022

Users should easily understand which assets are promoted on which channels and the distribution schedule. Base your promotion plan on successful past launches and highly engaged channels. Creating distribution checklists in your marketing playbook feeds into content creation, ensuring each new piece of content gets lift.

Campaign 149

Campaign CTO Marketing Social Media 149

The Startup Magazine

APRIL 17, 2024

Create a Business Plan It seems like creating a business plan would be a simple thing. You can create fliers that you can distribute around neighborhoods. Businesses may contact you for work. It’s all a matter of due diligence. Then you can move ahead with the next part. It’s not that easy.

Due Diligence 103

Due Diligence Finder .Net Texas 103

Startup Professionals Musings

DECEMBER 17, 2014

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. Every aspect of every product requires development, testing, manufacturing, marketing, and distribution. It’s tough for an elephant to be agile.

Bandwidth 262

Bandwidth Distribution Agile Social Media 262

Startup Professionals Musings

NOVEMBER 4, 2019

I recommend a ten-slide pitch to start, reviewed by friends and advisors, to be expanded to a ten-to-twenty-page business plan with opportunity sizing, cost and price details, competitors, marketing and sales strategy, financial projections, and resources required. Make sure your solution is defensible and unique.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

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

OCTOBER 9, 2021

Produce a real business plan for critical feedback from outside investors. Writing a business plan is the only way to determine if you even understand what your dream is all about. You can’t really learn all you need to succeed in any business domain from textbooks.

Entrepreneur 373

Entrepreneur Chad Incubator Dilution 373

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. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283