Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. What you don’t realize is these famous investors only deal with entrepreneurs who sold their last company for a $100M dollars or more.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

A Smart Bear: Startups and Marketing for Geeks

JUNE 20, 2011

I recently helped a friend broker the sale of his small, bootstrapped company. This is a smart guy with experience and a logical approach to such things, but the way he was initially trying to value his company was not only wrong, but the wrong way to think about the entire sale. To stoke an existing sales channel.

Sales 260

Sales Channel Cofounder Valuation 260

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. The next reason is to establish a competitive advantage over your competition and quickly acquire a substantial market share. Many myths surround the subject of startup funding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

AUGUST 26, 2018

Despite the fact that the number of IPOs (Initial Public Offerings) for startups have continued to stay low, I still hear it touted often as the preferred exit strategy. The market for recent IPOs also remains extremely volatile, and as a result many of them are currently trading below their opening price.

Exit Strategy 128

Exit Strategy IPO Initial Public Offering SEC 128

Up and Running

MAY 12, 2020

While many traditional jobs still can’t function remotely, or have difficulty adjusting, many entrepreneurs have found success in starting a business from home. Conduct market research. Once you’ve determined that you’re ready and able to start a home-based business, you’ll need to conduct market research to see if your idea is viable.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Up and Running

MARCH 14, 2018

I’ve seen too many entrepreneurs think, “Oh, I know my business inside and out—pitching will be a breeze!” I’ve seen many entrepreneurs crash and burn when delivering their investor pitch—and ramble on and on. Your target market. Customer acquisition: Marketing and sales strategy. Your exit strategy.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Hearpreneur

NOVEMBER 19, 2021

But, you can be sure that as an entrepreneur, each day will be loaded with new possibilities to challenge yourself, be innovative, and learn something new. When I moved back to Australia I identified a gap in the market as these clear aligner businesses were not mainstream here. Thanks to Daniel Phung, Full Books Marketing ! #21-

Entrepreneur 146

Entrepreneur Software Review LLC Web Development 146

Startup Professionals Musings

JUNE 7, 2020

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Marketing, sales, support, and service operations. Team building status and plan.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

Startup Professionals Musings

APRIL 27, 2016

The last thing a new entrepreneur wants to think about for a new startup is how it will end. 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.

Equity 120

Equity Exit Strategy Private Equity Startup 120

Startup Professionals Musings

MARCH 3, 2021

Based on my own years of experience in startups and big business, and more recently as an angel investor, I often cringe when I see one of you entrepreneurs missing a cue that I have seen work for many before you. A passionate entrepreneur I met a while back had found that a certain algae could be grown cheaply, and could end world hunger.

Exit Strategy 406

Exit Strategy Merger Angel Investor IPO 406

Startup Professionals Musings

JUNE 2, 2013

How do you as an entrepreneur with a new idea get to be one of those choices? That means there are far more entrepreneurs looking for money than there are investors, and entrepreneur entitlement is not a realistic expectation. Angels expect at least a working prototype and a hint of market acceptance (traction) before investing.

Cram Down 269

Cram Down Angel Investor Intellectual Property Venture Capital 269

Startup Professionals Musings

OCTOBER 14, 2023

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Silicon Valley 257

Silicon Valley Exit Strategy Startup Business Plan 257

Startup Professionals Musings

MARCH 10, 2023

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Marketing, sales, support, and service operations. Team building status and plan.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Up and Running

SEPTEMBER 19, 2018

Legal cannabis generated $16 billion in total economic output in the United States in 2017, and research indicates it will increase 150 percent by 2021, according to a report from cannabis industry analysts Arcview Market Research , in partnership with BDS Analytics. Target market: Who is your ideal buyer? Target market.

Business Plan 154

Business Plan Technical Review Forecast Exit Strategy 154

Hearpreneur

MAY 15, 2020

We asked some entrepreneurs and business owners, why they started their businesses: #1- Make learning to swim more convenient. I started our business and took the leap to become an entrepreneur because I am so passionate about seeing people get ahead in their careers. 13-Obsession to digital marketing and serving people.

Entrepreneur 127

Entrepreneur LLC Los Angeles San Francisco 127

Startup Professionals Musings

JUNE 6, 2013

To complement local face-to-face networking, you can always use one of the many online matchmaking sites that have sprung up in the last few years, like CoFoundersLab and Founder2be (think eHarmony™ for entrepreneurs, or Match.com meets LinkedIn). They need an operational CEO who knows the market and the marketing game.

Technical Cofounder 219

Technical Cofounder Cofounder Startup Exit Strategy 219

Startup Professionals Musings

MARCH 12, 2021

You should plan an exit strategy, and optimize your activities and timing to get top dollar. The critical tasks , which require professional skills, include packaging the business, actively marketing it, negotiating terms, and due diligence. Neither perspective is good for credibility or a fair result from your sale.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

Startup Professionals Musings

SEPTEMBER 28, 2015

Too many entrepreneurs look for that one magic bullet -- an exciting new technology, perhaps, or their own determination to make the world a better place -- to override any shortcomings in their startup model. A large and growing market opportunity. A focus on a specific market segment. A focus on a specific market segment.

Exit Strategy 120

Exit Strategy Technical Review Distribution Viral 120

YoungUpstarts

JANUARY 10, 2018

by Ryan Gould, Vice President of Strategy and Marketing Services at Elevation Marketing. As an entrepreneur, when you started your business, you most likely had dreams of rocket-speed growth and a multi-million dollar exit to a huge conglomerate, like Google or Facebook or Amazon. Profile Your Customer Base.

Valuation 145

Valuation Technical Review Exit Strategy Metrics 145

Hearpreneur

OCTOBER 5, 2018

Benjamin Yee is the entrepreneur behind an innovative software, EMERGE App, that makes it easy to manage the process. Business software isn’t glamorous but it’s nonetheless important to help sales, operations, purchasing and fulfilment teams to process sales orders and ship them out on time. Listen to them.

Software 55

Software Management Entrepreneur Vietnam 55

Startup Professionals Musings

JANUARY 31, 2021

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Silicon Valley 342

Silicon Valley Exit Strategy Business Plan Restful 342

Up and Running

JANUARY 2, 2013

I’ve seen too many entrepreneurs think, “oh, I know my business inside and out – pitching will be a breeze!” I’ve also seen many entrepreneurs crash and burn when delivering their investor pitch – and ramble on and on. ” Good luck! How will you make money?

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

Duct Tape Marketing

APRIL 18, 2024

Gain Freedom With The Hands Off CEO Blueprint written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Jantsch In this episode of the Duct Tape Marketing Podcast, I interviewed Mandi Ellefson. 01:03): Hello and welcome to another episode of the Duct Tape Marketing Podcast.

Framework 64

Framework Sales Cycle Sales Hiring 64

Startup Professionals Musings

OCTOBER 14, 2016

What every entrepreneur is asking me these days, is “How do I get to be a unicorn?” Yet there are a common set of driving factors that every entrepreneur should know, including the following: Extraordinary marketplace traction. Credible yet flexible exit strategy. These are popularly called “unicorns.”

Intellectual Property 120

Intellectual Property Valuation Merger Exit Strategy 120

Up and Running

AUGUST 28, 2018

Target market: Who is your ideal patient? Target market. A formal market analysis can help verify that there’s a need for your particular practice in your intended location. . Components of this section include: Your marketing and sales plan. Your funding ask and exit strategy, if applicable.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

JULY 15, 2016

Despite the recent economic downturn, the market potential is enormous, the entrepreneurial spirit in China is high, and the country is inevitably going to increase its global influence thanks to its economic vitality. and for European companies—China has already become the second most important export market after the U.S.

China 60

China Entrepreneur Technical Review Framework 60

mashable.com

MARCH 20, 2014

Thats why I asked 10 entrepreneurs from the Young Entrepreneur Council (YEC) what questions they would pose for an interviewer at a startup. Brett Farmiloe , Internet Marketing Company. Whats your exit strategy? Before accepting an offer with a startup, ask what their exit strategy is, and make sure youre on board.

Technical Review 103

Technical Review Software Review Exit Strategy San Francisco 103

Up and Running

SEPTEMBER 10, 2014

I’m a mom, a full-time sales manager, and recruiter. Entrepreneurs need to find a way to get traction (sales) without funding. If entrepreneurs are only pitching to angel groups, they’re only pitching to 6% of the active angels, and 0.4% Wait, you didn’t want to be a sales person? I’m not your average angel.

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

Startup Professionals Musings

MAY 2, 2012

The CEO is the check and balance on the constant parallel pushes for more development, more marketing, and more growth. They need an operational CEO who knows the market and the marketing game. He must nail down a sales process that fits the domain and economy. Craft an operational plan and make it work.

Founder 248

Founder Startup Exit Strategy Leadership 248

Up and Running

MAY 1, 2014

The vast majority of business owners and entrepreneurs aren’t business experts. What are you actually selling and how are you solving a problem (or “need”) for your market? Target Market. If there are multiple market segments for your business, this is where you flesh out the details. Marketing and Sales Plan.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Startup Professionals Musings

MARCH 13, 2020

For example, every investor I know can tell you about meeting a passionate entrepreneur who is pitching a great technology innovation, but has not done the financial homework on making it a good business. Thus the investor can’t visualize any return on investment (ROI), so the entrepreneur gets no money, and a good opportunity is lost to all.

Liquidity Event 308

Liquidity Event Forecast Exit Strategy Bootstrapping 308

Up and Running

AUGUST 20, 2018

Your marketing plan. Existing businesses should have business plans that they maintain and update as market conditions change and as new opportunities arise. Existing businesses use business plans to strategically manage and steer the business, not just to address changes in their markets and to take advantage of new opportunities.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

NZ Entrepreneur

NOVEMBER 14, 2019

For example, startups often do not register their trade marks because they have an exit strategy in mind—an exit strategy that will see their business absorbed into a large organisation with its own trade mark protected house brands already in place. appeared first on NZ Entrepreneur Magazine.

Intellectual Property 45

Intellectual Property IP Software Review New Zealand 45

Austin Startup

OCTOBER 23, 2019

In his book, Secrets of Sand Hill Road, he explains exactly how VC’s decide where and how much to invest, and how entrepreneurs can get the best possible deal while making the most of their relationships with VC’s. Scott advises that when you pick investors, you have to have compatible alignments and incentives.

Fractional VPE 49

Fractional VPE Austin Artificial Inteligence Fractional CTO 49

Hearpreneur

JULY 20, 2018

I was at a crossroads in my career and debating about starting my own sales and marketing consulting business. In my refreshed state, I reviewed what others said I had accomplished which was; empowering businesses with the ability to manifest sales results. Thanks to Jonas Sickler, Reputation Management ! #4- Still nothing.

Naming 76

Naming OTC Entrepreneur PPC 76

Startup Professionals Musings

FEBRUARY 4, 2011

The CEO is the check and balance on the constant parallel pushes for more development, more marketing, and more growth. They need an operational CEO who knows the market and the marketing game. He must nail down a sales process that fits the domain and economy. Craft an operational plan and make it work.

Search 224

Search Startup Exit Strategy Leadership 224

YoungUpstarts

NOVEMBER 22, 2013

For rising and aspiring entrepreneurs alike, the BBC’s Dragon’s Den television series offers a multitude of learning experiences. Given this, here are four lessons any wannabe entrepreneur can learn from this show. Know who your target market is and be able to explain why your product is necessary. by DJ Miller.

Entrepreneur 171

Entrepreneur Exit Strategy Tampa Venture Capital 171