Remove Document Remove Equity Remove Metrics
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Building Your MVP as a Non-Technical Founder

SoCal CTO

Once you build it, they will now ask you about the key metrics that they need proven in order to see if you really are a good investment. The real reason to build an MVP is to do early tests of key Startup Metrics for the business. " Once you have the metrics defined, it focuses your effort. To prove/disprove a hypothesis.

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Working with Developers

SoCal CTO

Other Topics Covered I also covered topics that are covered more thoroughly in the following posts: Document Your MVP for a Developer. Read Document Your MVP for a Developer for all of the detail that you really need to provide. Provide the metrics you are trying to achieve. I just want the cost, timeline and impact.

Develop 280
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7 Keys To Scaling Your Startup To Be The Next Unicorn

Startup Professionals Musings

Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk. Explosive growth to an enterprise normally requires a scalable sales model, a well-documented process with incentives, training, and metrics for tracking and management.

Startup 151
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How to make a business partnership a success

Berkonomics

Example: salary, equity, joint venture, etc… Can the business afford it? Clarify operation responsibilities and metrics used to measure performance. It is highly recommended that legal document are created and/or reviewed by a business transaction attorney. Compensation: What are compensation expectations?

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5 Keys To Reducing Startup Risk By Building On Trends

Startup Professionals Musings

Most equity investors tend to avoid truly disruptive technology startups, since they take longer and more money to scale. The auto industry and others have used this model for generations, so business processes and metrics for innovation are well documented. Imitation with continuous innovation predictably drives progress.

Startup 157
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Smart Entrepreneurs Don’t Need Disruptive Technology

Startup Professionals Musings

Most equity investors tend to avoid truly disruptive technology startups, since they take longer and more money to scale. The auto industry and others have used this model for generations, so business processes and metrics for innovation are well documented. Imitation with continuous innovation predictably drives progress.

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Investors Expect Ten Essentials in a Business Plan

Startup Professionals Musings

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Quantify existing skin-in-the-game, by insiders and outsiders, including sweat equity and capital. Financial forecast and metrics. Include a current valuation estimate.