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Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. A great business plan doesn’t have to be a book in length, with extensive financial statements.

Startup 102
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Here Is When Your New Business Needs A Written Plan

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. A great business plan doesn’t have to be a book in length, with extensive financial statements.

Sample 137
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6 Keys To Implementation With New Business Passions

Startup Professionals Musings

Many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. For an inspiring story full of specifics on how to achieve goals, I recommend the classic book, “ Three Points of Contact ,” by Gregory Q.

Writing 92
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8 Keys For Transforming An Innovation Into A Business

Startup Professionals Musings

As a mentor to many business professionals and owners, and aspiring entrepreneurs, I find a wealth of innovative ideas, but often less insight on what it really takes to transform ideas into an income stream that can excite new customers into long-term business success. Write down your business model and five-year plan.

Ideas 145
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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. I have found that the process of writing down your idea, with a plan for implementation, and reviewing that plan with a business advisor, will force you to learn and acknowledge the real requirements for implementation.

Ideas 126
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7 Indications Of Your Ability To Get Business Results

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Some entrepreneurs love to talk and produce videos, but hate to write anything down. Many key insights to success in any business can’t be learned from books or the Internet.

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6 Steps For Advancing New Venture Ideas Into Results

Startup Professionals Musings

Many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. For an inspiring story full of specifics on how to achieve goals, I recommend the classic book, “ Three Points of Contact ,” by Gregory Q.

Ideas 121