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Don’t Let Investors Conclude Your Startup Is A Hobby

Startup Professionals Musings

Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Funding process. Billing and revenue collection.

Startup 107
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8 Key Processes Distinguish a Business From a Hobby

Startup Professionals Musings

Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Funding process. Billing and revenue collection.

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‘Out of Control’ Startups Fail on 8 Key Processes

Startup Professionals Musings

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. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Funding process.

Startup 102
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Never Negotiate Piecemeal. Here’s Why

Both Sides of the Table

When I started my first tech company in 1999 I had pretty good tech chops and had led teams but had very little exposure to many other things that matter in a startup including sales, marketing & business development. Persuading a journalist to write about you rather than the 1,000 other companies bugging them. I talked too much.

Startup 322
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Eight Business Processes Every Startup Must Have

Startup Professionals Musings

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. Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Funding process.

Startup 95
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Investors Know A Product Doesn’t Make a Business

Startup Professionals Musings

A simple differentiation is that a product plan is designed for internal use, to get the product out. A business plan is an “outward facing” document for external investors, or for C-level executives within your own company. The product plan tells your developers what to build, and the marketing team what to market.

Product 92
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Entrepreneurs Confuse Product and Business Plans

Startup Professionals Musings

A simple differentiation is that a product plan is designed for internal use, to get the product out. A business plan is an “outward facing” document for external investors, or for C-level executives within your own company. The product plan tells your developers what to build, and the marketing team what to market.

Product 93