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Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Startup 102
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5 Tips For New Entrepreneurs Needing Investor Funding

Startup Professionals Musings

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you, and demonstrating your readiness.

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Why ADD Might Actually Benefit Startup Entrepreneurs

Both Sides of the Table

” This sentiment is probably familiar to many entrepreneurs and it must certainly resonates with anybody who suspects he or she has ADD. It was called “ Delivered from Distraction ” and it outlines many successful executives with ADD and in particular some famous entrepreneurs. ” I write. Come what may.

Startup 416
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Here Is When Your New Business Needs A Written Plan

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Sample 137
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Good Business Writing is Not a Mark Twain Novel

Startup Professionals Musings

No one is born with business writing skills, and everyone can learn them. Thus, I thought a quick refresher on business writing basics might help you more than any tip on the next big thing on the business horizon: Select clear purpose and focus. Tailor writing to your audience. Develop a friendly business writing voice.

Writing 89
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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

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.

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6 Keys To Implementation With New Business Passions

Startup Professionals Musings

Many aspiring entrepreneurs I mentor can talk at length about their innovative ideas and passions, and ask lots of good questions, but never make much progress in building a real business. Writing something down is the first step toward moving forward and making it real. The best entrepreneurs finish something every day.

Writing 92