Startup Professionals Musings

AUGUST 8, 2016

By profit, I simply mean offering a product or service to customers for a price that exceeds the total costs associated with the solution, thus providing some basis for recovering sunk costs and generating a return for stakeholders. Remember you can’t sustain a business or social cause with no revenue or profit.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Gust

AUGUST 5, 2012

Every plan must start with the problem you are solving, not a description of your company and product. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Financial forecast and metrics. Exit strategy.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Growthink Blog

NOVEMBER 10, 2017

But you'd certainly share the news that you launched your new website or reached $1M in annual revenues. To document your revenue model. Documenting the revenue model helps to address challenges and assumptions associated with the model. What is the company's exit strategy? Probably not. How will you retain them?

Business Plan 128

Business Plan Private Placement Exit Strategy Finance 128

Startup Professionals Musings

APRIL 22, 2010

Every plan must start with the problem you are solving, not a description of your company and product. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Financial forecast and metrics. Exit strategy.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

David Teten

SEPTEMBER 23, 2017

Early stage investors are also mining product crowdfunding sites ( Indiegogo *); lists of product launches ( Producthunt ); angel group platforms ( Gust , Proseeder ); and equity crowdfunding sites ( AngelList , CircleUp , FundersClub , OurCrowd , SeedInvest ) for leads.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Up and Running

MAY 1, 2014

Accommodate your investors, and keep explanations of your product simple and direct, using terms that everyone can understand. Products and Services. Your business plan isn’t complete without a financial forecast. If you need more space for product images or additional information, use the appendix for those details.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Up and Running

APRIL 28, 2015

If it makes sense for your business, you’ll want to divide your market into segments that you will address with different types of marketing and perhaps different types of product offerings. Finally, you get to dive into describing your product or service. Now your product or service is coming to the rescue to help solve that problem.

Forecast 60

Forecast Hockey Stick Exit Strategy Intellectual Property 60

Business Plan Blog

OCTOBER 8, 2013

In order to launch a successful business and raise the capital needed to do so, a startup needs to consider several aspects of the business including the management team , the size of the opportunity, the product/service/technology, the market/sales/distribution channels, the competitive environment and several other factors.

Business Plan 67

Business Plan NDA Exit Strategy Valuation 67

Up and Running

MAY 15, 2018

Innovative products and business models are the foundations of a promising startup. Funding is crucial for improving technology, hiring the right people, and launching a comprehensive marketing strategy to get a foothold in the market. Your business plan also needs to have a realistic financial forecast.

SBA 84

SBA Angel Investor Technical Review Startup 84

Up and Running

NOVEMBER 12, 2018

The subscription box industry is growing rapidly thanks to a steady revenue model and tapping into people’s love for surprises. Solution : How does your box and the products it contains solve that problem? Financial summary : Project your revenue for the first few years. Target market : What groups of people will want your box?

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Steve Blank

OCTOBER 1, 2009

When Sloan became president of GM in 1923 he put in place planning and strategy, measurements, and most importantly, the principles of decentralization.” Sloan realized that the traditional centralized management structures (like General Motors had in 1920) were poor fits for the management of GM’s already diverse product lines.

Silicon Valley 161

Silicon Valley United States RSS Customer Development 161

Up and Running

OCTOBER 3, 2018

Set a specific time each month to review it , comparing forecasts to actuals and revising as necessary. Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Future products and services. Your funding ask and exit strategy, if applicable. Be specific. Operations.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Up and Running

MAY 22, 2018

Every successful small business goes through four stages during its entire existence: Existence : expanding from pilot production to broad-scale production. Growth : stepping into a bigger market opportunity with expanding services or new products while maintaining constant profits. Delivering quality product and services.

Exit Strategy 90

Exit Strategy Angel Investor Search Elevator Pitch 90

The Next Web

MAY 26, 2013

When it comes to pitching investors on something like software, the presentation is often more pivotal than the product itself. Unless you already have a stellar reputation, having a basic prototype and showing early success — user growth, engagement, retention or revenue — is critical to winning investor interest.

Software 151

Software Forecast Startup Exit Strategy 151