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Every New Venture Needs A Product And A Business Plan

Startup Professionals Musings

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business.

Product 112
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Here’s How You Get A VC To Pull Out Their Checkbook

InfoChachkie

Most sophisticated investors ignore them, focusing their attention on an entrepreneur's pitch and presentation materials, financial forecast and executive summary. As such, the primary goal of your executive summary is to open the door to an in-person meeting. Entrepreneurs routinely seek my advice regarding their executive summaries.

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Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business.

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6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today. The real challenge is to win massive consumer preference repeatedly. Find funders who seek long-term returns. Money-making is different in the digital age.

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8 Common Elevator Pitch Blunders, and How to Fix Them

Startup Professionals Musings

Here are the most common elevator pitch missteps I see often as an angel investor and advisor to startups, with some quick advice on how to address each: Insist on leading with the story of the company. Skip the sales pitch and avoid preaching. You don’t have time for any story at this point. Build up for the punch line at the end.

Startup 104
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Savvy Entrepreneurs Plan Both Business And Product

Startup Professionals Musings

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. It allows all members of your team, including marketing, support, and sales, to size and build the business plan processes they need to find customers, deliver, and maintain grow the business.

Product 101
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Great Startups Can Hook an Investor in 60 Seconds

Startup Professionals Musings

The elevator pitch should be the first few paragraphs of your business plan, your executive summary, your investor presentation, and the first page of your web site. For example, “I just patented a new cell-phone technology that will double battery life for half the cost. A good elevator pitch is not just for an elevator discussion.

Startup 113