Up and Running

SEPTEMBER 19, 2018

Write your business plan and develop your business model with this in mind so you can avoid these issues. . Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Name the products/services you will offer as your company earns more money and as your market develops new needs.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

YoungUpstarts

JANUARY 10, 2018

After all, your clientele is what brings in the revenue and sets up the expenses, so they remain one of the most important elements of your company. A more numerous customer base, of course, means higher revenues and a bigger market presence, but it also says there’s less room within the market for the company to expand.

Valuation 145

Valuation Technical Review Exit Strategy Metrics 145

YoungUpstarts

SEPTEMBER 19, 2018

We’ve just scratched the surface with English-speaking small business owners in developed and mature nations. What about other fast developing nations whose language of business is not necessarily English? Or look for another revenue generating angle. Take it apart if necessary and spin-off bits of it.

South America 113

South America Software Review Thailand Vietnam 113

Startup Professionals Musings

OCTOBER 7, 2022

Angel investors will perk up if you have a prototype or a few real customers, while venture capitalists will likely choose to wait until you have achieved several million in revenue or customer count. How much do you really need for the next 12 to 18 months? Here is where projections of cost, pricing, volumes and cash flow are critical.

Preferred Stock 304

Preferred Stock Exit Strategy Equity Angel Investor 304

Startup Professionals Musings

OCTOBER 14, 2016

If your new venture is still in the idea or development stages, don’t even think about a high valuation. Premium ventures need real traction, such as 100 million users, 10 million in revenue, or brand recognition around the world. Credible yet flexible exit strategy.

Intellectual Property 120

Intellectual Property Valuation Merger Exit Strategy 120

Startup Professionals Musings

OCTOBER 12, 2020

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). This normally means more than 30 employees, and more than $1 million in revenue. It won’t work, it costs time and money, and hurts your credibility when you need them later.

Incubator 429

Incubator Startup Exit Strategy Institutional Investors 429

Startup Professionals Musings

JUNE 7, 2020

Solution development and delivery. Hobbies are developed ad-hoc, driven by personal needs. External investors expect a documented business plan, with clear targets on funding needed, use of funds, revenue projections, return potential, and exit strategy. Team building status and plan.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Reasons for funding. ? Once the order is fulfilled and paid for, the funds can be paid back. ? Research and development. Incubators and Accelerators.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JANUARY 27, 2021

Make sure these cover your business model and exit strategy, so the angels see how both of you will make a reasonable return. To be fundable, fifth year revenue projections need to be in the $20-$100 million range. Early stage research and development won’t excite angels.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

Up and Running

AUGUST 28, 2018

Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Future products and services : Name the products/services you will offer as your practice grows and earns more money and as your patients develop new needs. Your funding ask and exit strategy, if applicable.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Berkonomics

JUNE 22, 2023

Is it the advantage of time – years of development ahead of any competitor? Can this business grow to above $20MM to $50MM in annual revenues? Do anything you can to develop compelling products or early prototypes as proof of ability to reduce technology risk. Is there an exit strategy for the investor(s) over time?

Exit Strategy 114

Exit Strategy Technology Revenue Conversion 114

Startup Professionals Musings

JANUARY 4, 2020

Angel investors will perk up if you have a prototype or a few real customers, while venture capitalists will likely choose to wait until you have achieved several million in revenue or customer count. How much do you really need for the next 12 to 18 months? Here is where projections of cost, pricing, volumes and cash flow are critical.

Startup 337

Startup Preferred Stock Exit Strategy Equity 337

Startup Professionals Musings

FEBRUARY 25, 2023

Yet one of the first things a potential equity investor asks about is your exit strategy. Here are three important reasons for the question: Good investment paybacks normally require an exit event. This alternative is often paired with a personal no-exit strategy. You can kick-off your next startup.

Exit Strategy 264

Exit Strategy Private Equity Equity Technical Review 264

Up and Running

MAY 17, 2017

Plus, you’ll always be prepared in case an opportunity or desire to sell arises in the future—it’s a smart idea to have an exit strategy. A business that is growing in revenue and earnings and trending upward will be more desirable to a potential buyer than a business that is declining. million in sales revenue.

Acquisition 92

Acquisition Technical Review Revenue Exit Strategy 92

Steve Blank

NOVEMBER 18, 2016

While these acquisitions have teams of great researchers, they rarely contribute actual revenue generating products (because most never reached that stage when they were acquired.) Get of the building and test those hypotheses using customer development. Exit Strategy. If you can’t see the video click here.

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

Startup Professionals Musings

MAY 25, 2020

Yet one of the first things a potential equity investor asks about is your exit strategy. Here are three important reasons for the question: Good investment paybacks normally require an exit event. This alternative is often paired with a personal no-exit strategy. You can kick-off your next startup.

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

YoungUpstarts

MAY 6, 2019

According to Lee M Von Kraus, PHD and a mentor at Clarity.fm, “Early stage startups are usually pre-money startup that are bootstrapping the early development of a product.”. Product development. Now that you have a refined product idea and a team that can turn this idea into reality, the product development stage will start.

Startup 113

Startup Technical Cofounder Merger Early Stage 113

Startup Professionals Musings

JANUARY 5, 2011

Assuming your startup takes off, you will probably find that the fun is gone by the time you reach 50 employees, or a few million in revenue. So here are the most common exit strategies and considerations these days for planning purposes: Merger & Acquisition (M&A). To some, an exit strategy sounds negative.

Exit Strategy 231

Exit Strategy Initial Public Offering Startup IPO 231

SoCal CTO

FEBRUARY 17, 2007

They are quite happy with a business that will turn into a profitable $20M company and dont necessarily need an obvious exit strategy. Mobile Internet Apple Facebook ► 2009 (32) ► December (3) Startup Software Developers Startup Software Development – Do Your Homework Be.

Incubator 150

Incubator Technical Cofounder Southern California Los Angeles 150

Startup Professionals Musings

DECEMBER 28, 2018

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). This normally means more than 30 employees, and more than $1 million in revenue. It won’t work, it costs time and money, and hurts your credibility when you need them later.

Incubator 236

Incubator Exit Strategy Institutional Investors Angel Investor 236

Steve Blank

SEPTEMBER 14, 2009

Five Quarters of Profitability During the 1980’s and through the mid 1990’s startups going public had to do something that most companies today never heard of – they had to show a track record of increasing revenue and consistent profitability. There was now a public market for companies with no revenue, no profit and big claims.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

YoungUpstarts

DECEMBER 24, 2018

At some point in your business’s development, you may need an office space, a retail storefront, a warehouse, or even an entire factory. You should consider more than just the purchase price and the potential revenue-generating potential of your property; you’ll also need to consider the ongoing maintenance costs.

Exit Strategy 149

Exit Strategy Finance Cost Security 149

Women Entrepreneurs Can

JUNE 3, 2021

Having shared values & vision also means you have thought about an exit strategy for your business. Many businesses can hit headwinds despite having viable business models and growing revenue streams and not just having crossed the bare threshold of “product market fit.”

Partner 52

Partner Technical Review Cofounder Georgia 52

Up and Running

MAY 4, 2015

Palo Alto Software’s VP of Business Development Caroline Cummings has successfully raised nearly a million dollars in angel investment. Describe your revenue model. State your exit strategy. See Also How to Develop Your Business Strategy. Not exactly the message you want to be sending.

Technical Review 60

Technical Review Entrepreneur Software Review Houston 60

Startup Professionals Musings

OCTOBER 1, 2016

After a number of challenging years we determined that the market did not develop as expected and I closed the operation down. An exit strategy is being discussed by senior management and funding partners. An experienced turn around CEO quickly develops a vision for the company and its survival. The market did not evolve.

Leadership 120

Leadership Matching Exit Strategy Europe 120

Startup Professionals Musings

MAY 28, 2016

Solution development and delivery. Hobbies are developed ad-hoc, driven by personal needs. External investors expect a documented business plan, with clear targets on funding needed, use of funds, revenue projections, return potential, and exit strategy. Team building status and plan.

Exit Strategy 155

Exit Strategy Metrics Operations Cost 155

Steve Blank

NOVEMBER 18, 2016

While these acquisitions have teams of great researchers, they rarely contribute actual revenue generating products (because most never reached that stage when they were acquired.) Get of the building and test those hypotheses using customer development. Exit Strategy. If you can’t see the video click here.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Startup Professionals Musings

JUNE 15, 2013

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). This normally means more then 30 employees, and more then $1 million in revenue. It won’t work, it costs time and money, and hurts your credibility when you need them later.

Incubator 256

Incubator Entrepreneur Exit Strategy Institutional Investors 256

Startup Professionals Musings

JUNE 26, 2020

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. All startups, including non-profits, need revenue to thrive, such as such as from subscriptions, retail, online, licensing, or services.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Berkonomics

APRIL 13, 2017

Is it the advantage of time – years of development ahead of any competitor? Can this business grow to above $20MM to $50MM in annual revenues? Do anything you can to develop compelling products or early prototypes as proof of ability to reduce technology risk. Is there an exit strategy for the investor(s) over time?

Exit Strategy 116

Exit Strategy Technology Revenue Conversion 116

YoungUpstarts

SEPTEMBER 28, 2016

As a management tool, develop a business plan with a five year projection and an exit strategy. Do not be afraid to create more than one revenue stream. At the end of the day, a dollar from one revenue stream is as good as four quarters from another. Diversify Your Income Stream. Keep Track of Your Finances.

Management 100

Management Small Business Administration United States Exit Strategy 100

Startup Professionals Musings

NOVEMBER 27, 2016

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). This normally means more than 30 employees, and more than $1 million in revenue. It won’t work, it costs time and money, and hurts your credibility when you need them later.

Incubator 120

Incubator Startup Exit Strategy Institutional Investors 120

Up and Running

FEBRUARY 12, 2022

You have a long development time. Businesses with extremely long research and development timelines do make spending decisions now based on the hope of results years from now. A handful of other industries also have similar development timelines, but these are the exceptions, not the rule. Develop your Lean Plan.

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

Startup Professionals Musings

AUGUST 7, 2015

Every customer understands that your solution has to generate more revenue than cost, but you should not put that data in a customer pitch. Of course, these should never be in a customer pitch, but investors expect an overall strategy with specific budgets, milestones and metrics. Putting together a good investor pitch is hard work.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

Startup Professionals Musings

MAY 16, 2012

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). This normally means more then 30 employees, and more then $1 million in revenue. The challenge is finding and using qualified affordable support organizations for each stage.

Incubator 237

Incubator Startup Exit Strategy Institutional Investors 237

Startup Professionals Musings

SEPTEMBER 5, 2016

Don’t quit your day job until the revenue is flowing. Keep your exit strategy options open as you learn. These days, it is possible to bootstrap almost any type of business, if you are willing to think creatively about deferred paybacks to developers, advances on royalties, equipment financing, and bartering of services.

Bootstrapping 120

Bootstrapping Entrepreneur Startup Exit Strategy 120

Startup Professionals Musings

MAY 24, 2015

Solution development and delivery. Hobbies are developed ad-hoc, driven by personal needs. External investors expect a documented business plan, with clear targets on funding needed, use of funds, revenue projections, return potential, and exit strategy. Team building status and plan.

Exit Strategy 120

Exit Strategy Metrics Operations Cost 120