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Startup Professionals Musings
SEPTEMBER 12, 2021
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.
Startup Professionals Musings
NOVEMBER 4, 2019
Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea. I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there.
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Startup Professionals Musings
OCTOBER 18, 2013
Yet you can never forget the seasonal business cash flow and activity demands that are approaching, so to be prepared – you need to start the planning now. Even though these last few years have not been great financially for entrepreneurs, it always helps to look at the cup as half full, rather than half empty.
Both Sides of the Table
JANUARY 12, 2014
If you’re a technology startup you need to excel at product, of course. The starting point of product IS marketing, which is what a lot of young entrepreneurs that never studied business don’t realize. But being best-in-class at online marketing is also a sine qua non to standout from your peer group.
Both Sides of the Table
SEPTEMBER 15, 2014
As is often said if you don’t get at least a few fellow VCs (and entrepreneurs) scratching their heads you may not be funding ideas with enough upside. This was certainly the case when I invested in a small YouTube video production company called Maker Studios that recently sold to Disney for just shy of $1 billion.
Startup Professionals Musings
NOVEMBER 7, 2014
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 money, and plan to do crowdfunding.
Both Sides of the Table
AUGUST 18, 2010
It’s as good as it gets in personal productivity / life reflection. I know that would be surprising to many readers since keeping a blog somehow convinces people that I’m a time management or productivity ninja. That’s why productivity wasn’t tough for me as a CEO. I’m not. I couldn’t.
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