Startup Professionals Musings

JUNE 26, 2020

The most common business entity used for startups is a Limited Liability Corporation (LLC), which is the cheapest and simplest to manage. Include marketing, sales, and customer rollout plans. Outline a viable exit strategy for you and investors. Description of the business entity you plan to form.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Up and Running

MAY 12, 2020

Think about an exit strategy. But establishing an exit strategy is another important piece that forces you to look toward the future of your business. Like the rest of your business plan, your exit strategy does not need to be set in stone. Point of Sale system (if necessary). Business phone system.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Startup Professionals Musings

OCTOBER 18, 2023

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Exit Strategy 248

Exit Strategy Valuation Acquisition Metrics 248

Up and Running

MARCH 14, 2018

Impress the investors with what you and your team have accomplished to date (sales, contracts, key hires, product launches, and so on). Customer acquisition: Marketing and sales strategy. Remind the audience why your management team is capable of managing their investment for growth. Your exit strategy.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Angel Investor 164

Startup Professionals Musings

JANUARY 9, 2021

In addition, current investors want to see every startup go public or be acquired, as an exit event, so they can get their due return for that investment which has been tied up for the last few years. For these reasons, I always look for an overt exit strategy in every startup I might consider for an angel investment.

Exit Strategy 434

Exit Strategy Valuation Acquisition Metrics 434

Startup Professionals Musings

APRIL 27, 2016

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. Investors know that the fun of a startup turns into managing production processes, sales processes, and personnel in a few years.

Equity 120

Equity Exit Strategy Private Equity Startup 120

Startup Professionals Musings

JUNE 2, 2013

I like the work just published by Bob Rice in “ The Alternative Answer ,” which does a great job of summarizing the investment universe, starting with the “conventional” stocks, bonds, and real estate, but moving on through more esoteric alternatives, including hedge funds, private equity, real assets, managed futures, and finally venture funding.

Cram Down 269

Cram Down Angel Investor Intellectual Property Venture Capital 269

Hearpreneur

OCTOBER 5, 2018

Most small and medium-sized businesses have to deal with inventory management at various levels. Benjamin Yee is the entrepreneur behind an innovative software, EMERGE App, that makes it easy to manage the process. I didn’t set out to write an inventory management software package from scratch. Tell us your story.

Software 55

Software Management Entrepreneur Vietnam 55

Startup Professionals Musings

OCTOBER 14, 2023

An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business. No executive I know writes all his own contracts, but every smart one owns every one that is written for him, and understands every element. Of course, if you don’t yet understand all the elements, it’s time to learn.

Silicon Valley 257

Silicon Valley Exit Strategy Startup Business Plan 257

Up and Running

SEPTEMBER 19, 2018

Team: Who is on your management team? Once you identify your ideal customer, you can tailor your marketing and sales plan to that person. Components of this section include: Your marketing and sales plan. Your funding ask and exit strategy, if applicable. Marketing and sales plan. Be specific. Buyer persona.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Growthink Blog

DECEMBER 27, 2017

Demonstrate your team’s unique unfair competitive advantage, whether it is technology, stellar management team, or key partnerships. This gives the assurance that if management executes well, the company has substantial profit and liquidity potential. List public companies (when relevant, of course). Don’t just list competitors.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Startup Professionals Musings

MARCH 10, 2023

Managing to specific goals, priorities, and a plan. Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Preparation and management of funding. Team building status and plan.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Startup Professionals Musings

JUNE 6, 2013

The CEO must focus on key management team hires and assume a few mistakes which need to get fixed. As one company Chairman says, "The common elements I see in first time CEO''s: a) they don''t hire fast enough, b) they don''t fire fast enough, and c) they don''t manage their board and investors well.

Technical Cofounder 219

Technical Cofounder Cofounder Startup Exit Strategy 219

Up and Running

JANUARY 2, 2013

Impress the investors with what you and your team have accomplished to date (sales, contracts, key hires, product launches, etc.). Most start-up teams are missing some key talent – be it marketing, management expertise, programmers, sales, operations, financial management, etc.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

Startup Professionals Musings

JANUARY 31, 2021

An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business. No executive I know writes all his own contracts, but every smart one owns every one that is written for him, and understands every element. Of course, if you don’t yet understand all the elements, it’s time to learn.

Silicon Valley 342

Silicon Valley Exit Strategy Business Plan Restful 342

Startup Professionals Musings

MAY 2, 2012

The CEO must focus on key management team hires and assume a few mistakes which need to get fixed. As Jeff quotes from a company Chairman, "The common elements I see in first time CEO's: a) they don't hire fast enough, b) they don't fire fast enough, and c) they don't manage their board and investors well.

Founder 248

Founder Startup Exit Strategy Leadership 248

Up and Running

AUGUST 28, 2018

Team: Who is on your management team? Components of this section include: Your marketing and sales plan. Your funding ask and exit strategy, if applicable. Marketing and sales plan. Sometimes you can increase sales by upselling and cross-selling , or offering complementary services. Be specific.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Duct Tape Marketing

APRIL 18, 2024

As a former business exit advisor, she crafts exit strategies, adding up to five figures to clients’ net profit monthly so they can focus on growth. And that was a frustration just because I had managed another company before this. I was the manager and I was able to get this company to run without me as the manager.

Framework 64

Framework Sales Cycle Sales Hiring 64

Startup Professionals Musings

JUNE 7, 2020

Managing to specific goals, priorities, and a plan. Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Preparation and management of funding. Team building status and plan.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

Startup Professionals Musings

FEBRUARY 4, 2011

The CEO must focus on key management team hires and assume a few mistakes which need to get fixed. As Jeff quotes from a company Chairman, "The common elements I see in first time CEO's: a) they don't hire fast enough, b) they don't fire fast enough, and c) they don't manage their board and investors well.

Search 224

Search Startup Exit Strategy Leadership 224

Up and Running

AUGUST 20, 2018

You don’t do anything that doesn’t have a business purpose, so you don’t describe your management team (to name one example) unless you need that section for outsiders. Some information about each member of the management team and their role in the company. You start simple, and grow it organically. A company overview.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

YoungUpstarts

SEPTEMBER 28, 2016

For that, you need a great product and good financial management. Manage it well. When talking about financial management, it is the word “management” that is the most important. When talking about financial management, it is the word “management” that is the most important.

Management 100

Management Small Business Administration United States Exit Strategy 100

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. Taking a campaign online and encouraging non-accredited investors to use a crowdfunding platform is a great way to show their support, manage the volume, and market your business. Stock Option.

Angel Investor 159

Angel Investor Technical Review Software Review Accredited Investor 159

Up and Running

MAY 1, 2014

Marketing and Sales Plan. What marketing and sales tactics will you be using? Management Team. Highlight the key aspects of your financial plan, ideally with a chart that shows your planned sales, expenses, and profitability. Marketing and Sales Plan. How are you going to reach your target market? Read more ».

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Up and Running

OCTOBER 3, 2018

Team: Who is on your management team? Tailor your marketing and sales plan to attract more people like your ideal customer. Maybe you want to transition from being a solo real estate agent flipping houses on the ground to being a manager of a real estate team. Components of this section include: Your marketing and sales plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

ReadWriteStart

JUNE 1, 2020

Instead of funding, you pay the investors a structured royalty, which is a portion of the sales. Under this category, you have the angel investors who would invest their own money and Venture Capital or VC firms, who manage funds aimed towards specific startup sectors and stages. Royalty based investment. Debt investors.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

JUNE 16, 2014

For venture capitalist, Paul Suster , it’s not just the individual; the ‘management team’ is essential. I’m personally 70% management, 30% product […] If I feel a priori that the CEO can’t cut it I’m highly unlikely to invest. Because management is so important, I always tell people to make the bio slide the first in your deck.

Exit Strategy 91

Exit Strategy Advisory Board Business Plan Portfolio 91

David Teten

DECEMBER 3, 2019

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. 1) Manage the firm . This is harder than it sounds.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Austin Startup

OCTOBER 23, 2019

Opening Night Happy Hour and Keynote with Scott Kupor: Secrets of Sandhill Road | Fundraising Track Joshua Baer , Founder and CEO at Capital Factory, delved into the transforming realm of venture capital with Scott Kupor , Managing Partner at Andreessen Horowitz. The unit cost fell and this idea of pay as you go.

Fractional VPE 49

Fractional VPE Austin Artificial Inteligence Fractional CTO 49

Startup Professionals Musings

MARCH 13, 2020

If you insist on projecting $100 million in sales the first year, smart investors will likely run for the nearest exit. A reasonable break-even point is two or three years out, which indicates an ability to manage your own show, and allows for investors to collect their own good return.

Liquidity Event 308

Liquidity Event Forecast Exit Strategy Bootstrapping 308

YoungUpstarts

MARCH 9, 2016

by Larry Fontillas, managing director of the Americas for ansarada. And, at the conclusion of your company’s sale, that you have achieved the post-deal involvement that you wanted, without leaving money on the table. Make sure the advisor has had success in managing M&A processes for other companies in your industry.

Technical Review 100

Technical Review Due Diligence San Francisco Merger 100

Up and Running

JULY 24, 2017

For example, with an existing company, that information might be as simple as adding recent annual sales or number of employees to the basic company information in the first bullet here. For a startup, it might be a brief description of aspirations, such as a sales goal for the next year or three years from now.

Software Review 151

Software Review SBA Due Diligence Business Plan 151

Up and Running

FEBRUARY 10, 2021

When you put together a business plan, you have to spend time thinking about things like your target market , your sales, and marketing strategy , the problem you solve for your customers, and who your key competitors are. If you have “traction” in the form of early sales and customers, that’s even better. An exit strategy.

Business Plan 138

Business Plan Forecast Balance Sheet Exit Strategy 138

Up and Running

MAY 14, 2015

All businesses can use a lean plan to manage strategy, tactics, dates, deadlines, activities, and cash flow. A lean business plan includes four essential elements, all of them functions of general business management: Set the strategy. These serve as a reminder for owners and managers. One-page business plans.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Up and Running

NOVEMBER 12, 2018

Marketing and sales plan. The target market section of your subscription box business plan identifies which subset of people you will focus your marketing and sales plan on. Creating a buyer persona puts you in the customer’s shoes to guide marketing and sales decisions. Marketing and sales plan. Operations.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

David Teten

SEPTEMBER 23, 2017

A major angel group used Influitive , an advocate management tool, to track, activate and motivate their members. I previously posted a detailed presentation with sales technology tools useful for B2B sales. is an AI bot which helps companies refine their sales pitch to VCs. 4) Manage deal flow. Pitchbot.vc

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Berkonomics

JANUARY 16, 2014

Create roles and guidelines in the potential partnership: What role and responsibility will each of the partners have including operation, financial, sales, marketing, etc.? Perform preliminary due diligence: Review the business plan including marketing, sales strategies and financial needs. Is it by committee?

Technical Review 81

Technical Review Due Diligence Exit Strategy Partner 81