Up and Running

AUGUST 8, 2018

It only takes an hour each month, keeps the management team up to speed on everything that’s going on in the company, and helps us plan and manage in a lean and effective way. Most importantly, we review our cash position and cash flow. What does our cash flow forecast look like for the next few months?

Software Review 65

Software Review Business Plan Product Forecast 65

Up and Running

JUNE 21, 2013

There are a series of “levers” in your business that will affect your cash position. You need to engage in Lean Planning. Should they listen to the Groupon or Comcast sales person trying to sell them on giving coupons to the masses or buying local TV ads? You NEED to understand those levers. Does it work?

Small Business 153

Small Business Software Review Lean Advertising 153

Up and Running

NOVEMBER 12, 2018

But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan. A Lean Plan can also serve as an initial plan that helps you think through all the aspects of starting your business. Marketing and sales plan. Your problem and solution. Target market (intended customers).

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

YoungUpstarts

FEBRUARY 14, 2017

Cash is king, always has been and always will be. Managing your cash position when forecasted sales aren’t being achieved is tough, and if you are spending more than you are generating and cash piles are dwindling, now is the time to address your financial position. Value capture pivot. Channel pivot.

Technical Review 157

Technical Review Architecture Revenue Channel 157

Feld Thoughts

NOVEMBER 18, 2013

They need to raise money before building anything substantial after determining that they needed a little dough to follow the Lean Startup methodology. The people on the sales side don’t feel they can charge for it yet because who’s going to take out their wallet for something that isn’t perfect. There is $350k left in the bank.

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

ReadWriteStart

AUGUST 26, 2022

The startup didn’t work out, but I found ways to be around it, whether it was on the sales side in Goldman for a few years. I think every company’s portfolio is different, so they’re all different sizes, different stages, different geographies, different cash positions, and different market leadership positions. .

Partner 132

Partner Cofounder Retention Acquisition 132