Both Sides of the Table

SEPTEMBER 10, 2021

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. Today you have funders focused exclusively on “Day 0” startups or ones that aren’t even created yet. By definition?—?I’m HP Style) are dead.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Both Sides of the Table

JANUARY 21, 2010

If you’re a startup and you don’t have a close relationship with a few law firms you’re really missing one of the most important relationships that any entrepreneur can have. Many people start companies arse backwards. I write about some of the lessons in my post on Startup Mistakes.

Startup 318

Startup IP Southern California Entrepreneur 318

Startup Professionals Musings

JANUARY 31, 2015

If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. In fact, the process of organizing and documenting these elements is the best way to make sure you understand the answers yourself. I hope not.

Startup 109

Startup Writing Mentor Sample 109

Startup Professionals Musings

NOVEMBER 13, 2020

Once you learn how to make things happen in your own life, starting a business is easy. I was most impressed with the steps he outlined for turning ideas into goals into results, which I paraphrase here for aspiring entrepreneurs: Write down your goals or your dreams. Follow up and finish something every day. Why not start now?

Ideas 121

Ideas Writing Startup Entrepreneur 121

Startup Professionals Musings

AUGUST 17, 2016

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. You have no shelf life, so you can’t make money while you sleep.

Services 61

Services Startup Training Writing 61

Startup Professionals Musings

MAY 2, 2016

Starting a new business is not an informal process, and should never be treated like a hobby between friends. Unfortunately, as a startup advisor and angel investor, I’ve seen too many ventures with great potential get destroyed or set back by legal and other shortcuts that should never have been allowed to happen.

Startup 62

Startup Patents Entrepreneur Writing 62

Startup Professionals Musings

JUNE 6, 2020

The challenge is to find the time and initiative to keep up with the information wave, and be able to curate the data into knowledge that must be learned, unlearned, or relearned. With this principle, real entrepreneurs start with a conviction that new learning will reveal flaws in existing models, leading to new opportunities.

Social Media 127

Social Media Startup Education Entrepreneur 127

Both Sides of the Table

OCTOBER 19, 2009

On December 2nd, 2006 I wrote the blog post published later in this post when I was CEO of startup Koral about my experiences in pitching VCs. I had seen many cycles and decided that since I was going to do it all over again I should write about it. I decided to write about my experience and to be blunt. And covered we did.

Venture Capital 274

Venture Capital Blogging Startup Slides 274

Startup Professionals Musings

MAY 4, 2014

Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Develop your business plan.

Startup 107

Startup Outsource Development Training Outsource 107

Startup Professionals Musings

SEPTEMBER 2, 2018

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. You have no shelf life, so you can’t make money while you sleep.

Services 72

Services Startup Training Writing 72

Both Sides of the Table

MAY 14, 2018

Here’s Why You Should Just Send the Deck I know you have your document sending tool to send your fund-raising deck to VCs and track who read your deck, which pages they read and how much time they spend on each page. I would likely open up your deck, read it again and begin contemplating your company again. A deck is a deck.

Funding 239

Funding Venture Capital IP Email 239

Startup Professionals Musings

DECEMBER 8, 2017

Don’t believe that Silicon Valley myth that all you have to do is sketch your idea on the back of a napkin, and investors will line up to give you money. Let me be quick to say that a plan doesn’t have be a book, and probably should start as a “pitch deck” of maybe a dozen slides which cover all the right bases.

Startup 65

Startup Writing Patents Competition 65

Berkonomics

MAY 29, 2014

Included in a business plan are financials, competitive landscape, marketing plans, and projected sales to name a few. But it’s a valuable document for you. Studies found that people who write plans are more likely to put their goals in action and increases your likelihood of success. Starting up Positioning'

Startup 166

Startup Guide Help Mentor 166

Startup Professionals Musings

DECEMBER 8, 2010

This is sad, since “how to write a business plan” is a frequent topic found in every business journal, and a common title in the business section of every book store. In simple terms, it is a document which describes all the what, when, where, and how of your business for you, your cohorts, and potential investors. No problem.

Startup 91

Startup Funding Sample Writing 91

Startup Professionals Musings

AUGUST 19, 2013

This is sad, since “how to write a business plan” is a frequent topic found in every business journal, and a common title in the business section of every book store. In simple terms, it is a document which describes all the what, when, where, and how of your business for you, your cohorts, and potential investors. No problem.

Sample 92

Sample Writing Startup Summary 92

Startup Professionals Musings

JUNE 27, 2014

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. You have no shelf life, so you can’t make money while you sleep.

Services 105

Services Startup Training Writing 105

Startup Professionals Musings

FEBRUARY 4, 2012

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. Sustainable competitive advantage. This is the dreaded “due diligence” process.

Technical Review 94

Technical Review Startup Writing Competition 94

Startup Professionals Musings

DECEMBER 14, 2016

Once you learn how to make things happen in your own life, starting a business is easy. I was most impressed with the steps he outlined for turning ideas into goals into results, which I paraphrase here for aspiring entrepreneurs: Write down your goals or your dreams. Follow up and finish something every day. Why not start now?

Writing 100

Writing Ideas Startup Entrepreneur 100

Startup Professionals Musings

AUGUST 31, 2012

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. Only real results count. Attract a well-rounded team.

Startup 104

Startup CTO Hire Press Customer 104

Both Sides of the Table

FEBRUARY 14, 2010

of all statistics are made up. I’m writing this post to make sure you’re all on that same playing field. Here’s how I learned my lesson: I started my life as a consultant. I had to read each report, synthesis it and then come up with our best estimate of the markets going forward. I say it deadpanned.

Statistics 415

Statistics Startup Report Research 415

Startup Professionals Musings

SEPTEMBER 7, 2011

Even when your startup is a one-man show, you will soon find that you are “out of control,” unless you start organizing and writing down how and when key things need to get done. Here are eight key business tasks that relate to almost every startup, generally prioritized by criticality. Develop your business plan.

Startup 102

Startup Outsource Development Writing Training 102

Startup Professionals Musings

JULY 21, 2012

This is sad, since “how to write a business plan” is a frequent topic found in every business journal, and a common title in the business section of every book store. In simple terms, it is a document which describes all the what, when, where, and how of your business for you, your cohorts, and potential investors. No problem.

Sample 96

Sample Writing Summary Startup 96

Startup Professionals Musings

AUGUST 1, 2010

Even when your startup is a one-man show, you will soon find that you are “out of control,” unless you start organizing and writing down how and when key things need to get done. Here are eight key business tasks that relate to almost every startup, generally prioritized by criticality. Develop your business plan.

Startup 95

Startup Outsource Development Writing Training 95

Startup Professionals Musings

JUNE 17, 2011

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. Only real results count. Attract a well-rounded team.

Startup 101

Startup CTO Hire Press Customer 101

Tech Zulu Event

MARCH 3, 2015

I often write about the best strategies for startup fundraising or how to manage startup financing and optimize for growth. Equally important, is an area many startup founders don’t always prioritize: choosing the right service providers and understanding the value they can bring, especially to early-stage startups.

Startup 40

Startup Outsource Development IP Outsource 40

Both Sides of the Table

NOVEMBER 3, 2010

Rarer still is the startup CEO who can make the transition effectively on their own. Unwillingness to devolve power is the bane of many management teams at startup companies. I see the problem directly at many startups I know. The problem is that we started with an SLA that was too favorable to us. This seldom works.

Sales 296

Sales Pricing Startup Customer 296

Both Sides of the Table

MAY 13, 2013

For the past 5 years or so Google, Facebook and a handful of tech industry giants have been quietly buying scores of early-stage startups for their talent. And to keep up with the Jones’s it seems that Yahoo! Almost certainly the startup would have raised some capital. Go do a startup. And who cares, right?

Press 357

Press Startup Yahoo Venture Capital 357

Startup Professionals Musings

APRIL 17, 2020

Even in this age of videos and text messages, the quickest way to kill your startup dream with investors, business partners, or even customers, is embarrassingly poor writing. In the competitive realm of business, you only get one chance to make a great first impression. Keep your writing voice friendly and courteous.

Writing 125

Writing Entrepreneur Summary Email 125

Startup Professionals Musings

MAY 27, 2015

Aspiring entrepreneurs who rely only on traditional learning vehicles (teachers, classrooms, and risk-free practice) are doomed to failure in founding a startup today. Either they are never really ready to start, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era. Marty Zwilling

Entrepreneur 102

Entrepreneur Social Media Startup Education 102

Startup Professionals Musings

JANUARY 9, 2023

Even in this age of videos and text messages, the quickest way to kill your startup dream with investors, business partners, or even customers, is embarrassingly poor writing. In the competitive realm of business, you only get one chance to make a great first impression. Keep your writing voice friendly and courteous.

Tips 123

Tips Writing Startup Summary 123

Startup Professionals Musings

SEPTEMBER 30, 2013

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. Only real results count. Attract a well-rounded team.

Funding 112

Funding Entrepreneur Startup CTO Hire 112

Startup Professionals Musings

JANUARY 31, 2013

Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Develop your business plan.

Outsource Development 92

Outsource Development Training Outsource Metrics 92

Startup Professionals Musings

MAY 29, 2016

The challenge is to find the time and initiative to keep up with the information wave, and be able to curate the data into knowledge that must be learned, unlearned, or relearned. With this principle, real entrepreneurs start with a conviction that new learning will reveal flaws in existing models, leading to new opportunities.

Entrepreneur 61

Entrepreneur Social Media Startup Education 61

Startup Professionals Musings

AUGUST 20, 2012

A business plan is an “outward facing” document for external investors, or for C-level executives within your own company. Competition analysis. Here is where you pick a few of these, characterize what they do, and position your own product to show your competitive advantage. Market research and competition.

Product 92

Product Outsource Development Competition High Tech 92

Startup Professionals Musings

SEPTEMBER 18, 2010

By Mahesh Raj Mohan Writing a business plan can be a difficult process. Even if you know your product/service suite down cold, understand the strengths/weaknesses of the competition, and have built pro forma financials that are sane. you still have to write the plan for a particular audience. Hi, I’m writing this plan because.”

Writing 97

Writing Summary Ideas Research 97

Startup Professionals Musings

OCTOBER 22, 2010

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. Sustainable competitive advantage. This is the dreaded “due diligence” process.

Technical Review 90

Technical Review Writing Competition Tips 90

Startup Professionals Musings

MAY 29, 2011

A business plan is an “outward facing” document for external investors, or for C-level executives within your own company. Competition analysis. Here is where you pick a few of these, characterize what they do, and position your own product to show your competitive advantage. Market research and competition.

Product 93

Product Entrepreneur Outsource Development Competition 93