Startup Professionals Musings

MARCH 10, 2023

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. Marketing, sales, support, and service operations. Solution development and delivery. Team building status and plan.

Exit Strategy 288

Exit Strategy Metrics Operations Cost 288

Duct Tape Marketing

APRIL 18, 2024

With her expertise, she’s boosted hundreds of agencies to millions in revenue, attracting premium clients willing to pay 50-600% fees. 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. I can't quite let go of this.

Framework 62

Framework Sales Cycle Sales Hiring 62

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.). Your Revenue Model : Investors tend to care about this slide the most. Your Financial Projections : Show what you’re projecting in revenue (per product) over the next three to five years.

Hockey Stick 164

Hockey Stick Exit Strategy Technical Review Due Diligence 164

Startup Professionals Musings

JUNE 7, 2020

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. Marketing, sales, support, and service operations. Solution development and delivery. 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. ? Scale up your operations. Now you may want to scale up your operations or expand your presence. Royalty based investment.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

AUGUST 28, 2018

Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Or maybe you will want to extend your practice’s hours of operation. Components of this section include: Your marketing and sales plan. Your operations plan. Your funding ask and exit strategy, if applicable.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

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. In sales, it is a common practice to take the needs, wants, and desires of your potential customer and to present your product or service as a solution. million in sales revenue.

Acquisition 92

Acquisition Technical Review Revenue Exit Strategy 92

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

Exit Strategy 264

Exit Strategy Private Equity Equity Technical Review 264

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

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

Startup Professionals Musings

SEPTEMBER 30, 2015

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 120

Exit Strategy Startup Valuation Acquisition 120

Startup Professionals Musings

MAY 28, 2016

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. Marketing, sales, support, and service operations. Solution development and delivery. Team building status and plan.

Exit Strategy 155

Exit Strategy Metrics Operations Cost 155

Startup Professionals Musings

OCTOBER 1, 2016

The team succeeded in all functional areas, but we found it difficult to generate sales for our new and innovative technology. 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.

Leadership 120

Leadership Matching Exit Strategy Europe 120

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. billion for a company with less than $50 million in sales.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

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

YoungUpstarts

SEPTEMBER 28, 2016

As a management tool, develop a business plan with a five year projection and an exit strategy. Business plans are the roadmap for your company and usually include a section on operations, marketing and budgeting. Do not be afraid to create more than one revenue stream. Base your income around your central skill.

Management 100

Management Small Business Administration United States Exit Strategy 100

Startup Professionals Musings

MAY 24, 2015

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. Marketing, sales, support, and service operations. Solution development and delivery. Team building status and plan.

Exit Strategy 120

Exit Strategy Metrics Operations Cost 120

David Teten

SEPTEMBER 23, 2017

In venture capital in particular, early-stage companies are often operating in frontier industries, where the rules are unpredictable and conventional analytic frameworks may be misleading. I previously posted a detailed presentation with sales technology tools useful for B2B sales. Pitchbot.vc 3) Originate investments.

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Growthink Blog

OCTOBER 1, 2013

3 They Feel a Void If an individual is an ultra-successful business person who is currently running multiple operations, they are generally not going to invest in more ventures. 4a: Scalability Does your company have a strong potential to achieve significant annual revenues? As such, it''s good to think about your exit strategy early.

Angel Investor 88

Angel Investor Exit Strategy Equity Operations 88

www.inc.com

SEPTEMBER 24, 2011

Sales & Marketing | Wednesdays. Growth Strategies. Office and Operations. Pricing Strategy. Exit Strategies. Strategy and Planning. SALES & MARKETING. Because many of these businesses dont yet have revenue, valuation discussions arent very scientific, and the process requires some haggling.

Arizona 40

Arizona Equity Iowa Venture Capital 40

ReadWriteStart

APRIL 2, 2012

Next, clarify what say the investor has in the business operations. For example, are they looking for an increase in sales or in net revenue? What's your exit strategy? Do your investors have their own exit strategies? Is the loan secured by someone's house or similar collateral?

Exit Strategy 118

Exit Strategy Matching California Salary 118

Startup Professionals Musings

SEPTEMBER 12, 2014

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.

Exit Strategy 289

Exit Strategy Entrepreneur IPO Startup 289

Growthink Blog

MAY 13, 2012

But, when one of these factors are "out of whack," it can be a much tougher sale to make. Criteria #1: Scalability This is the potential for your company to achieve significant annual revenues. In a truly scalable business, you can multiply your sales without having to greatly increase your resources. Here they are below.

Angel Investor 93

Angel Investor Exit Strategy Liquidity Event Angel Groups 93

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

www.virtuosimedia.com

MARCH 8, 2012

If the idea was reliant on ad revenue for profit, it quickly becomes apparent that there will be no incoming money at all. Don’t forget to factor in operating overhead including accounting, legal, insurance, etc. Your projections should provide a range of best-case/worst-case revenue scenarios over a number of years.

Technical Cofounder 41

Technical Cofounder Cofounder Technical Review NDA 41

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. Marketing and sales plan. Operations. Financial summary : Project your revenue for the first few years. A subscription box business plan will include the following components: Executive summary.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Up and Running

MAY 1, 2014

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

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Up and Running

AUGUST 19, 2015

Over the years, I have come to operate under a simple framework of three essential questions that can and will help you clarify your value, target the right buyers, and give you an understanding of how to reach those buyers in a meaningful way. Yet, in our haste to make a sale, we often fail to ask ourselves this question at the outset.

Small Business 60

Small Business Audience Exit Strategy Sales Cycle 60

Gust

NOVEMBER 4, 2011

Although Intermix was doing well during that period, bringing in around $75 million annual revenue, all of the explosive traffic growth was occurring at one property, MySpace – the jewel for which FIM ended up acquiring the whole Intermix crown.

Valuation 98

Valuation Pre-Money Valuation Merger Vesting 98

Steve Blank

OCTOBER 1, 2009

Top management was trying to coordinate all of the operating details (sales, manufacturing, distribution and marketing,) across all the divisions and the company almost went bankrupt that year when poor planning led to excess inventory (with unsold cars piling up at dealers and the company running out of cash.)

Silicon Valley 156

Silicon Valley United States RSS Customer Development 156

Startup Professionals Musings

MARCH 13, 2020

Find some credible opportunity statistics that can support your own revenue expectations of between $20 million and $100 million in the fifth year. Demonstrate an understanding of business operation realities. If you insist on projecting $100 million in sales the first year, smart investors will likely run for the nearest exit.

Liquidity Event 308

Liquidity Event Forecast Exit Strategy Bootstrapping 308

David Teten

DECEMBER 3, 2019

I walk through below how progressive investors are using technology and analytics throughout all of their operations. We are also seeing technology evaluation as an increasingly important part of LP operational due diligence. I previously posted a detailed presentation with sales technology tools useful for B2B sales.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

MAY 21, 2015

What this means, is that he gets paid not as a portion of the profit, but as a portion of the overall revenue, regardless of the profit. That’s because preferred shares operate under a completely separate set of rules (which will be defined in the investment documents) than your shares.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60

Up and Running

OCTOBER 3, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Tailor your marketing and sales plan to attract more people like your ideal customer. Components of this section include: Your marketing and sales plan. Your operations plan. Marketing and sales plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Up and Running

MAY 15, 2018

Your business model must show the potential to increase the revenue with minimal expenditure in the coming months or years. Use a billing software to record the sales and invest in a relationship with a tax professional only when needed. Save the splurge for when you’re bringing in more revenue. Venture capital.

SBA 84

SBA Angel Investor Technical Review Startup 84

Entrepreneurs-Journey.com by Yaro Starak

MARCH 10, 2011

This article picks up from that point onward, discussing the challenges we ran into once we went into operation mode, the invaluable lessons that only first-hand experience can teach, the exit strategy which was the $250,000 sale of the website, and finally my overall concluding thoughts on the entire experience.

Technical Review 71

Technical Review PPC Due Diligence Exit Strategy 71

Hearpreneur

NOVEMBER 19, 2021

You will also learn how to establish exit strategies for unfavorable situations as well as how to maximize excellent ones. While operating a tutoring business I was able to identify a demand for niche business software. With the strike of the pandemic, our leads and sales accelerate ten times fold the pre-COVID.

Entrepreneur 146

Entrepreneur Software Review LLC Web Development 146

Entrepreneurs-Journey.com by Yaro Starak

JUNE 19, 2010

As I said, I have a very small operation and I’m able to make much more than the average person. The biggest deal I’ve ever done was a sale of a $100,000 website. Adding Ad Revenue. I’d find a café, bring out the laptop, do some work, and get away with it. The money has been really good. I can’t complain.

Technical Review 76

Technical Review Software Review Prospectus Audience 76