Startup Professionals Musings

SEPTEMBER 16, 2023

Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Fundraising through online platforms and crowdfunding.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Up and Running

APRIL 9, 2019

Why add a SWOT analysis into your business plan and the strategic planning process? I believe in it because the SWOT phase was vital to my planning process as I grew Palo Alto Software from zero to over $5 million in annual sales. Just like the Lean Planning approach to business planning, less is more.

Business Plan 89

Business Plan Software Review Differentiation Framework 89

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. And it’s surprising how few startup founders think in those terms. Part of those questions are around Startup Metrics.

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Metrics Startup Retention Software Developers 159

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

Steve Blank

SEPTEMBER 5, 2018

A version of this article first appeared in the Harvard Business Review. But NewTV doesn’t plan on testing these hypotheses. With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. It’s the antithesis of the Lean Startup. ” Fire, Ready, Aim. And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

Up and Running

AUGUST 21, 2014

One of the most important things a startup can do is make sure that they are keeping track of their data. In this webinar, we take time to discuss the different metrics that startups—and established businesses—should be tracking. You need to track pre-purchase, post-purchase, and then overall business analytics.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Up and Running

NOVEMBER 6, 2020

Writing a business plan is an important step for any entrepreneur. But, if you’re starting a SaaS busines s, the business plan plays an outsized role because the money required to fuel growth can be much more than you would guess. marketing) and the financial plan. . Customer acquisition plan.

Business Plan 87

Business Plan Forecast Churn Rate Acquisition 87

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Steve Blank

MARCH 3, 2015

Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. Berkeley Haas Business School is a leader in entrepreneurship education. We had multiple business plan competitions.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

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.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

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

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

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

JUNE 17, 2020

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea.

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Founder Cofounder Bandwidth Matching 329

Up and Running

MAY 8, 2015

A lean business plan does what every business owner and aspiring startup needs to manage strategy, tactics, execution, and essential business numbers. A lean business plan steers the company toward its goals, and also to tracking and managing progress, expectations, and accountability. Why lean ?

Lean 60

Lean Business Plan Forecast Technical Review 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

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

ReadWriteStart

MARCH 7, 2022

The problem is even more exacerbated for certain industries and niches; for example, startup SEO is becoming more difficult at a faster rate than marketing for more established companies. Focusing on vanity metrics can be damaging to your long-term potential. But why is this the case? What are the root causes? Which tools are best?

Marketing 198

Marketing Advertising Metrics Technical Review 198

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

Gust

APRIL 27, 2014

Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.”

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Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Professionals Musings

SEPTEMBER 21, 2020

Any startup coach or business advisor will tell you that, on your way to being a great chef, you don't start your journey by inventing the ultimate entre. Finally you create and document your recipe (business plan). If your startup is over a year old, and your business isn’t yet ready, you have a problem.

Startup 390

Startup Restful Business Plan Metrics 390

Startup Professionals Musings

OCTOBER 3, 2016

As a small business and startup advisor, I find that entrepreneurs often love to talk about their latest idea, but not their execution. Like most investors, I’m convinced that success in business is more about the plan and the person than the idea. Sets goals and milestones, with metrics to track progress.

Entrepreneur 266

Entrepreneur Technical Review Metrics Restful 266

Startup Professionals Musings

SEPTEMBER 30, 2023

Also, initiating a startup is quite different from taking over a thriving business, where the focus is on repeatable processes and quarterly profits. Document and communicate a solid business plan. There is no business where you can just relax and enjoy the spoils. You make decisions from data, or from the gut.

Startup 237

Startup Angel Investor Matching Metrics 237

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.

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Business Plan Operations Lean Forecast 145

Startup Professionals Musings

OCTOBER 20, 2012

Many startups fail before reaching that magic “cash-flow positive” position they have been striving for, despite seemingly reasonable financial projections. A closer analysis often indicates the cause to be a lack of diligence in handling common business finances. A startup must insure that the payments are collected per agreed terms.

Technical Review 273

Technical Review Startup Finance Cost 273

Startup Professionals Musings

JULY 4, 2021

Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. While his book goes well beyond controlling waste as an element of growth and success, I was struck by how relevant the waste points are for every startup and every small business.

Startup 404

Startup Lean Metrics Matching 404

SoCal CTO

JUNE 9, 2010

Continuing my series of posts that I’ve been collecting that live at the intersection of Startups and being a Startup CTO : Startup CTO Top 30 Posts for April 16 Great Startup Posts from March here are the top posts from May 2010. For a micro-ISV, selling to big businesses can be more lucrative than selling to consumers.

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Fractional CTO Startup Venture Capital Cofounder 248

Startup Professionals Musings

MAY 4, 2016

In my view, starting a new business has never been easier, and according to reports from the Kaufmann Foundation , the numbers are finally here to show it. The number of startups rose in 2015 for the first time in five years, with the largest year-over-year increase in two decades. Fundraising through online platforms and crowdfunding.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

The Startup Magazine

MAY 13, 2024

Developing Sustainable Business Strategies Sustainable business strategies are the cornerstone of a curriculum that aims to prepare you for the future of business. You’ll learn how to craft business plans that prioritise long-term ecological balance and corporate social responsibility.

Technical Review 88

Technical Review Denmark Green Global 88

YoungUpstarts

AUGUST 24, 2015

With the key themes of freedom and value at its core, “ The $100 Startup ” is a brilliant blueprint assisting “wannapreneurs” keen to heed the rallying call of the microbusiness revolution. 3 One-page business plan. Develop a one-page business plan. Can we do this with $100 (or less) in our pocket?

Technical Review 100

Technical Review Software Review South Carolina Startup 100

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

Startup Professionals Musings

JUNE 18, 2016

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea.

Cofounder 120

Cofounder Founder Entrepreneur Startup 120

Up and Running

AUGUST 21, 2018

This article is part of our Business Planning Guide —a curated list of our articles that will help you with the planning process! Today, I want to introduce a new approach to business planning: Lean Planning. Lean Planning is simpler and faster than writing a traditional business plan.

Lean 134

Lean Forecast Software Review Business Plan 134

SoCal CTO

DECEMBER 9, 2009

I just had an all-too common conversation with the founder of a startup who had spent more than a year working with a software development company who had produced a mess. If I’m being asked to do startup software development, I’m going to push fairly hard on key questions that the startup needs to have answered before they develop anything.

Software Developers 292

Software Developers Software Development Developer Software 292

Startup Professionals Musings

JUNE 18, 2023

Any startup coach or business advisor will tell you that, on your way to being a great chef, you don't start your journey by inventing the ultimate entre. Finally you create and document your recipe (business plan). If your startup is over a year old, and your business isn’t yet ready, you have a problem.

Business Plan 280

Business Plan Restful Metrics Business Model 280

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

Startup Professionals Musings

NOVEMBER 4, 2019

Based on my experience and data from the field, over seventy-five percent of new startups fail, even with venture backing. I say this not to discourage you from acting on your idea, but to encourage you to anticipate the work required to get you from inspiration to a sustainable and satisfying business.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235