Startup Professionals Musings

OCTOBER 16, 2023

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Be willing to give up 20 to 33 percent of your equity to support this. Update your financial projections every quarter.

Startup 116

Startup Pricing Sales Statistics 116

Startup Professionals Musings

FEBRUARY 5, 2021

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Be willing to give up 20 to 33 percent of your equity to support this. Update your financial projections every quarter.

Startup 147

Startup Pricing Sales Statistics 147

Startup Professionals Musings

JANUARY 4, 2015

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Be willing to give up 20 to 33 percent of your equity to support this. entrepreneur financial forecast investor startup'

Entrepreneur 102

Entrepreneur Startup Pricing Sales 102

Startup Professionals Musings

JANUARY 12, 2013

Many entrepreneurs I know don’t realize that the language they learned in the corporate world, or even their recent MBA class, won’t get them ahead in the startup world today. As a reality check, try this quick test of your entrepreneur savvy. As a reality check, try this quick test of your entrepreneur savvy.

Entrepreneur 109

Entrepreneur Startup Web Equity 109

InfoChachkie

AUGUST 8, 2011

As I note in MBA Education and Other Oxymorons entry, my roommates and I hosted a weekly poker game while attending Wharton. Amarillo’s advice is consistent with my comments in the Startup Competition ; get to know your competitors on a personal basis, while appearing as innocuous as possible. Poker is one such game.

Startup 207

Startup Entrepreneur Competition Guide 207

Startup Professionals Musings

DECEMBER 11, 2017

As an angel investor and business advisor on new ventures, I expect to see five-year financial projections from every entrepreneur. Does this entrepreneur understand the basics of business costs in the selected business domain, growth dynamics, and the competitive environment? Update financial projections at least every quarter.

Pricing 57

Pricing Startup Entrepreneur Invest 57

Both Sides of the Table

JUNE 22, 2011

This was an audience of mostly first-time entrepreneurs. It is great for entrepreneurs and great for VCs. So here is what I have been telling entrepreneurs privately for the past 6 months. What a bubble means for each entrepreneur. Still, market amnesia by ordinarily rational actors always surprises me. I believe that.

Pricing 309

Pricing Marketing Startup Venture Capital 309