Remove Entrepreneur Remove Metrics Remove Outsource Development Remove Writing
article thumbnail

Don’t Let Investors Conclude Your Startup Is A Hobby

Startup Professionals Musings

I’m continually amazed at the number of entrepreneurs who go for months into a new business without really keeping a formal record of money spent or assets acquired. 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.

Startup 107
article thumbnail

‘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. I’m continually amazed at the number of entrepreneurs who go for months into a new business without really keeping a formal record of money spent or assets acquired.

Startup 102
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Key Processes Distinguish a Business From a Hobby

Startup Professionals Musings

I’m continually amazed at the number of entrepreneurs who go for months into a new business without really keeping a formal record of money spent or assets acquired. 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.

article thumbnail

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. I’m continually amazed at the number of entrepreneurs who go for months into a new business without really keeping a formal record of money spent or assets acquired.

Startup 95
article thumbnail

Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” I have had this discussion with many a first-time entrepreneur. million contract over two years. ” The Details.

Startup 418
article thumbnail

In 15 Years From Now Half of US Universities May Be in Bankruptcy. My Surprise Discussion with @ClayChristensen

Both Sides of the Table

But while universities are developing online content they are not fundamentally disrupting leaning because the method of delivery is not a new business model. In many ways I think general purpose writing & thinking skills are as valuable as math skills. His class reading lists could be a primer for any entrepreneur, not just MBAs.