Startup Professionals Musings

SEPTEMBER 16, 2023

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Angel groups, accelerators, and incubators are pervasive.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Steve Blank

MARCH 3, 2015

Berkeley Haas Business School is a leader in entrepreneurship education. It has replaced how to write a business plan with hands-on Lean Startup methods. The final deliverable for that class was a 30-page business plan. We had multiple business plan competitions. The Business Plan is Dead.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Up and Running

JULY 6, 2016

Often, a business plan introduces a new technology that requires some explaining. On one hand, as a reader of business plans for investors, I see way too many business plans that ask a reader to wade neck-deep through technology to get to the business. It’s a business plan, not a term paper or thesis.

Technical Review 72

Technical Review Software Review Business Plan Development Team Review 72

SoCal CTO

MARCH 11, 2010

Tim Berry has a great post on Why I Hate Those Huge Market Numbers tells us that he doesn’t like to see business plans with multi-billion market numbers used as the basis for projections. Part of those questions are around Startup Metrics. It’s the old – 5% of massive market gives us a big number.

Metrics 159

Metrics Startup Retention Software Developers 159

YoungUpstarts

AUGUST 11, 2020

. “A goal without a plan is just a wish!” Every successful business idea had a strategically written business plan. To provide direction of business development or just to attract investors, a business plan is a roadmap toward a company’s success. . Business plan format.

Business Plan 264

Business Plan Balance Sheet Lean Forecast 264

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

Up and Running

JUNE 14, 2016

I’ve been quite vocal with my concern that farming your business plan out is usually a bad idea. A business plan is not a one-time task— it’s an ongoing practice. Real companies with real business plans review and revise them often. Real companies with real business plans review and revise them often.

Business Plan 60

Business Plan Metrics Differentiation Hiring 60

Startup Professionals Musings

NOVEMBER 28, 2020

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Angel groups, accelerators, and incubators are pervasive.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Up and Running

JUNE 18, 2015

My favorite quote on business planning is when former president Dwight D. Eisenhower said: “The plan is useless; but planning is essential.”. What I’ve always taken from that is the importance of keeping a plan live; reviewing it, and revising it. See Also How to Write a Business Plan.

Business Plan 60

Business Plan Technical Review Forecast Social Media 60

Startup Professionals Musings

MARCH 18, 2023

When the team is at odds or confused, they need this steady force to keep them on track with the business plan. Visionaries typically don’t like running the day-to-day of the business on a long-term basis, and aren’t good at following through. Good integrators are fanatical about problem resolution and making decisions.

Partner 206

Partner Cofounder Startup Bandwidth 206

Up and Running

MARCH 17, 2022

Many business owners know and understand the value of a business plan. The business plan is a key component of the startup and fundraising process and serves as a foundation for your organization. What is a business plan? It lays out who is running the business and what the business does.

Business Plan 145

Business Plan Operations Lean Forecast 145

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.

Lean 60

Lean Business Plan Forecast Software Review 60

Startup Professionals Musings

MARCH 6, 2021

A required metric is average days to payment compared to expectations. A budget is the financial plan and road map to get you from your business plan to profitability. Considering the job done once a client has been invoiced. A startup must ensure that the payments are collected per agreed terms. Not having a budget.

Technical Review 379

Technical Review Finance Startup Salary 379

Up and Running

MAY 30, 2022

One of the most important things you can do to increase your chances of success is to have a business plan. From attracting potential investors to keeping your business on track—a business plan helps you to achieve important milestones and grow in the right direction. And it’s not just for startups.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150

Up and Running

MARCH 11, 2011

Tweet I caught a guest post on Problogger the other day, where Kelly Watson of onewomanmarketing.com explains How to Make a Blogging Business Plan … Whether or Not it’s a Business Blog. She says: As a beginner, I wouldn’t have known what to include in that blogging plan. See: it’s a business plan.

Business Plan 75

Business Plan Software Review Metrics Hosting 75

Up and Running

SEPTEMBER 15, 2016

Most people think of the business plan as a one-time event, something used to accomplish a specific goal—getting funded, usually. The business plan, in its many different formats, can be used for a variety of purposes, including validating an idea, getting funded, and managing a business successfully.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Startup Professionals Musings

JUNE 17, 2020

When the team is at odds or confused, they need this steady force to keep them on track with the business plan. Visionaries typically don’t like running the day-to-day of the business on a long-term basis, and aren’t good at following through. Good integrators are fanatical about problem resolution and making decisions.

Founder 329

Founder Cofounder Bandwidth Matching 329

YoungUpstarts

FEBRUARY 7, 2019

If you’re planning on starting a business, you need a business plan. A good business plan will help to keep your company on track and guide it in the right direction, and it will also help you to secure funding from banks, venture capitalists and other investors. There’s no way around it. Don’t go overboard.

Business Plan 147

Business Plan Metrics Audience Social Network 147

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 .

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

ReadWriteStart

MARCH 7, 2022

If you use the wrong tools, or if you dump money into a technology that isn’t a good fit for your brand, you could suffer some severe consequences. Misleading metrics. Focusing on vanity metrics can be damaging to your long-term potential. The Competition Apocalypse.

Marketing 198

Marketing Advertising Metrics Technical Review 198

Up and Running

FEBRUARY 10, 2021

A key to making this entire process much easier is to invest a little time and write a business plan. It’s true — not all investors will ask to see your business plan. Why do investors want to see a business plan? The business plan document itself isn’t what’s important to investors.

Business Plan 138

Business Plan Forecast Balance Sheet Exit Strategy 138

Up and Running

AUGUST 17, 2021

A business plan is an essential part of any company. It serves as the launch pad where you can flesh out your vision and mission statements, house enterprising ideas, and lay the plans for short- and long-term growth. Your audience includes those reading your business plan. Who will you be showing the plan to?

Business Plan 150

Business Plan Audience Non-Compete eCommerce 150

Startup Professionals Musings

OCTOBER 3, 2016

Investors look for entrepreneurs who surround themselves with a smart and experienced team, and use the power of the team to convert the idea to a business. Sets goals and milestones, with metrics to track progress. They define metrics for each goal, and diligently track themselves against these metrics.

Entrepreneur 266

Entrepreneur Technical Review Metrics Restful 266

Up and Running

AUGUST 24, 2011

What’s the difference between a marketing plan and a business plan? Doesn’t a business plan include a marketing plan? Cash flow is vital for a business plan, but not usually included in a marketing plan. Yes, a business plan almost always includes the marketing portion.

Business Plan 91

Business Plan Marketing Technical Review Forecast 91

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

Up and Running

OCTOBER 12, 2017

Do you have a plan? When Corcoran suggests you need to “…have a complete understanding of your company’s…prospects,” she’s alluding to a business plan and the potential your business has for future growth. What’s more, a formal plan doesn’t necessarily mean cumbersome. Do you regularly review your plan?

Metrics 128

Metrics Software Review Forecast Small Business 128

ConversionXL

JUNE 16, 2022

It should include primary and secondary KPIs and metrics related to marketing goals , as well as the platforms (e.g., This example from 3Q Digital shows which KPIs are tracked and how: This section will typically be tied to a wider marketing measurement plan and used to inform strategy and implementation decisions. Measurement.

Campaign 149

Campaign CTO Marketing Social Media 149

Startup Professionals Musings

AUGUST 23, 2023

Every business owner and entrepreneur like you I work with wishes they could better predict product demand and sales, for managing inventory and long-term business planning. We all have our favorite metric and our passion, but keeping up with real-world changes and trends seems to be always just out of reach.

Metrics 204

Metrics Demand Analytics Leadership 204

The Startup Magazine

OCTOBER 19, 2020

And based on such data analytics, a business can interact with a customer in the targeted and relevant strategy. Such metrics can also help identify the right products to be marketed in front of the customer, resonating marketing strategy, suitable medium to interact with the customer, etc.

Technical Review 153

Technical Review Forecast Analytics Social Media 153

Up and Running

FEBRUARY 12, 2022

Learn why the traditional way of writing a five-year business plan is often a waste of time and how to use a Lean Plan instead for smarter, easier strategic planning to establish your long-term vision. But, that doesn’t mean that you shouldn’t plan for the long term. What is a long-term plan?

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

Startup Professionals Musings

JUNE 18, 2023

Finally you create and document your recipe (business plan). For a new business, you can provide unique ingredients, but the preparation steps in your business plan must follow a tried and true recipe for startup success: Identify a market with a real need. validate your business model) Continuous improvement.

Business Plan 280

Business Plan Restful Metrics Business Model 280

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. Financial forecast and metrics.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

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. Financial forecast and metrics.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

NOVEMBER 14, 2012

Many, however, don’t know how to take their small business to the next level. What I’m talking about here is a level of discipline and skill necessary to collect and analyze the relevant business data, known as metrics. In any growing business, these can creep up and out of control if not tracked carefully.

Metrics 266

Metrics Retention Acquisition Salary 266

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

Startup Professionals Musings

MAY 29, 2019

Institute deep metrics measuring all aspects of the customer experience. Jeff Bezos always instills a sense of urgency by demanding business plans from business leaders on how they would disrupt their own lines of business. Accept no excuses. Don’t look for the short journey or a straight line.

Artificial Inteligence 222

Artificial Inteligence Agile Technical Review Demand 222

YoungUpstarts

SEPTEMBER 18, 2014

The best way to get your company laser-focused on the bottom line, though, is to have a clear, actionable metric for your entire company and ensure everyone and everything works in alignment with it. Even if it’s just you initially, get in the routine of planning out as much of your day — and the following months — as you can.

DC 182

DC PHP Metrics Technical Review 182