Remove Exit Strategy Remove Partner Remove Sales Remove Silicon Valley
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Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million-dollar idea on the back of a napkin, and investors will line up to give you money. The plan must simply answer every relevant business question that you could imagine from your team, partners, and investors.

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Here Is When Your New Business Needs A Written Plan

Startup Professionals Musings

But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million-dollar idea on the back of a napkin, and investors will line up to give you money. The plan must simply answer every relevant business question that you could imagine from your team, partners, and investors.

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How to Raise Startup Funding from Unlikely Angel Investors

Up and Running

I’m a mom, a full-time sales manager, and recruiter. I don’t have an MBA and I don’t live in Silicon Valley. Entrepreneurs need to find a way to get traction (sales) without funding. It’s because pitching is making a sale and all sales are made emotionally and followed up with logic. What does that mean?

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Can You Trust Any vc's Under 40?

Steve Blank

Each VC firm/partner has a different spin on what to weigh more.) billion for a company with less than $50 million in sales. Wouldn’t younger VCs with the incentive to climb the ranks internally be better champions of one’s startup and more likely to want to fuel growth, regardless of the exit strategy?

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Startups Without Business Plans Are Expensive Hobbies

Startup Professionals Musings

But, for the rest of us, don’t believe the Silicon Valley myth that all you have to do is sketch your million-dollar idea on the back of a napkin, and investors will line up to give you money. The plan must simply answer every relevant business question that you could imagine from your team, partners, and investors.

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What to Include in Your Pitch Deck

Up and Running

I’ve also built my own pitch decks and presented to major Silicon Valley VC firms over the years and have learned a lot about what works and what doesn’t. If you already have sales or early adopters using your product, talk about that here. Slide 7: Marketing and sales strategy. Slide 8: Team.

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Learn From the 5 Core Principles of Angel Investors

Startup Professionals Musings

In this case you need a partner who has deep domain knowledge and a track record of building businesses. Clearly spell out your business model and your exit strategy, so investors will know how you will make money, and how and when they will get their return. A complete business plan is always required.