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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. The size of the document should be based on your style, but 10-20 pages or slides are usually more than adequate to outline even a complex business.

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8 Angel Investors That Entrepreneurs Should Avoid

Startup Professionals Musings

A few angel investors have slipped or fallen from their lofty perch, so entrepreneurs must take great care to validate the character and reputation of every prospective investor. As long as somebody recognizes their million dollar idea and writes them a check, the source really doesn't matter. Litigious angels. Superior angels.

Angel 112
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8 Reasons All Angel Investor Money May Not Be Equal

Startup Professionals Musings

A few angel investors have slipped or fallen from their lofty perch, so entrepreneurs must take great care to validate the character and reputation of every prospective investor. As long as somebody recognizes their million dollar idea and writes them a check, the source really doesn''t matter. Litigious angels. Tutorial angels.

Angel 105
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Some Angel Investors Have Not Earned Their Wings

Startup Professionals Musings

A few angel investors have slipped or fallen from their lofty perch, so entrepreneurs must take great care to validate the character and reputation of every prospective investor. As long as somebody recognizes their million dollar idea and writes them a check, the source really doesn't matter. Litigious angels. Superior angels.

Angel 97
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5 Tips For New Entrepreneurs Needing Investor Funding

Startup Professionals Musings

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. Disciplining yourself to write down the plan is actually the best way to make sure you actually understand it yourself. Pitch your company, not your product.

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A Perspective On When A Business Plan Adds Value

Startup Professionals Musings

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans are a waste of time. They cite sources like the BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this Forbes article. You need an investor, and want a document to mass-mail to everyone.

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How Aspiring Entrepreneurs Can Stand Above The Crowd

Startup Professionals Musings

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. Disciplining yourself to write down the plan is actually the best way to make sure you actually understand it yourself. Pitch your company, not your product.