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8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map.

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8 Reality Checks That Every Startup Founder Dreads

Startup Professionals Musings

Product development is stuck at that 90% mark, a key person leaves, and customers are talking but not buying. I challenge any startup to show me they have avoided all of these: One of the founders isn’t delivering. I challenge any startup to show me they have avoided all of these: One of the founders isn’t delivering.

Founder 250
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7 Key Startup Activities Where Follow-Up Is Critical

Startup Professionals Musings

I can think of several related aspects of starting and running a business where follow-up, or lack of it, can make or break your startup. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Product development.

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8 New Business Keys To Success For Real Entrepreneurs

Startup Professionals Musings

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map.

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Second Startups: Why Founders Often Struggle to Find Their Second Act

View from Seed

Investors love the idea of backing second-time founders, especially if they have had success in their last company. etc… In addition, first-time founders I speak to often talk about how much they have learned and how they resolve to do things differently and better the next time. Is there a sophomore slump to avoid?

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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

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