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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.

Startup 107
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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Fallacy: Third-party, OEM (Original Equipment Manufacturing) representatives succeed once the sales process is defined, proven and documented. 5) Allow Partners To Write Your Agreements. Thus, I will let my Big Dumb Company (BDC) partner write our agreement. 2) Secure Your Intellectual Property Too Early. 8 ) Grant Exclusivity.

Startup 242
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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. Document why your team is the best for this challenge. You need both to survive. They want to see revenue to share in the return.

Product 169
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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.

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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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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 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. Enough detail is required so that someone else can build it without you (outsourcing). Development and rollout.

Product 92