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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. What you don’t realize is these famous investors only deal with entrepreneurs who sold their last company for a $100M dollars or more. You need both to survive.

Product 169
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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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10 Business Plan Tips Too Many Entrepreneurs Forget

Startup Professionals Musings

If you want people to invest in your idea, then my best advice is first write a business plan, and keep it simple. This means writing at the level of an average newspaper story (about eighth-grade level). The one-page Oprah plan is a good executive summary, but it’s not enough to get the investment. It won’t work.

Tips 96
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Why Email May Be Draining Your Company’s Productivity

Both Sides of the Table

That great productivity drain that we somehow all buy into. I shifted my thinking a few years ago after I read Tim Ferris’s book The Four Hour Workweek (link is to a short summary I wrote). You’re writing a freaking blog post! I do what I wish all entrepreneurs would do. ” Brilliant! I think so. [I

Email 314
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10 Writings Tips To Get Maximum Impact From Any Plan

Startup Professionals Musings

If you want people to invest in your idea, then my best advice is first write a business plan, and keep it simple. This means writing at the level of an average newspaper story (about eighth-grade level). The one-page Oprah plan is a good executive summary, but it’s not enough to get the investment. It won’t work.

Writing 56
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10 Reasons Not To Write A Business Plan First

Startup Professionals Musings

If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. No entrepreneur can survive as an island. These include financial management, marketing and sales, and the appropriate production ability.

Writing 102
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10 Tips For Crafting An Investment Grade Venture Plan

Startup Professionals Musings

If you want people to invest in your idea, then my best advice is first write a business plan, and keep it simple. This means writing at the level of an average newspaper story (about eighth-grade level). The one-page Oprah plan is a good executive summary, but it’s not enough to get the investment. It won’t work.

Invest 135