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. For a family business, don’t project an exit. Exit strategy.
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. For a family business, don’t project an exit. Exit strategy.
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Gust
AUGUST 5, 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. For a family business, don’t project an exit. Exit strategy.
Startup Professionals Musings
APRIL 22, 2010
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. For a family business, don’t project an exit. Exit strategy.
Startup Professionals Musings
MAY 28, 2013
Most entrepreneurs struggle with financial projections, not wanting to commit to numbers they can’t deliver, and having no clue what investors might consider reasonable. I recommend a simple set of guidelines, which work for at least 80% of the business plans I see. Gross margins greater than 50%. Build a path to 10x return.
Startup Professionals Musings
AUGUST 17, 2014
Most entrepreneurs struggle with financial projections, not wanting to commit to numbers they can’t deliver, and having no clue what investors might consider reasonable. I recommend a simple set of guidelines, which work for at least 80% of the business domains I see. business financial projections investor startup'
Berkonomics
OCTOBER 28, 2021
The biggest mistake many corporate marketers, entrepreneurs and even investors make in the initial stages of planning – overstating the size of the (SOM) serviceable obtainable market. Should your net be large and bulky, requiring more effort and expense to weave? TAM, SAM & SOM?
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