10 Reasons Not To Write A Business Plan First

Startup Professionals Musings

Here is my edited summary of their ten principles, which I like and may convince you that you don’t need a business plan at all, or at the very least will help you write a better one later: A new venture is a means, not an end. Don’t be totally driven by your own passions, the emotional enthusiasm of friends, or even third-party research. Market research techniques for trying to predict the market’s response to a new venture can be costly and are often unreliable.

SBIR Source Launches New Research Tool

socalTECH

Los Angeles-based SBIR Source , which maintains an online database of grant opportunities from the Federal Small Business Innovation Research (SBIR) program, said this morning that it has launched a new product, GrantIQ. The company said its data can be used by startups and small tech companies looking for R&D grants, to write more targeted proposals and to understand the competition and needs of Federal agencies.

Insiders

Sign Up for our Newsletter

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

Accessing Government Funding for Research

SoCal Tech Calendar

Thursday, January 28, 2010 -- Accessing Government Funding for Research. Attend this SoCalBio Workshop to sharpen your grant-writing skills and learn how to tap various government funding opportunities from the NIH and DoD. SoCalBio. Numerous U.S. government agencies provide funds, such as SBIR and STTR grants, to small biotech and medical device firms in support of their RandD and commercialization activities.

Accessing Government Funding for Research

SoCal Tech Calendar

Thursday, January 29, 2009 -- "Accessing Government Funding for Research: Partnering for Success in Challenging Economic Times" Southern California Biomedical Council. Attend this SoCalBio Workshop to sharpen your grant-writing skills and learn how to tap various government funding opportunities from the NIH, DoD, and DoE to support your RandD efforts.

Accessing SBIR/STTR Funding for Research

SoCal Tech Calendar

Thursday, January 29, 2009 -- SoCalBio Workshop on Accessing SBIR/STTR Funding for Research. Attend this workshop to sharpen your grant-writing skills and learn how to tap various government funding opportunities from such sources as the NIH, NSF, DoD and Energy Department, to support your RandD efforts.

Pharmapace Acquired By WuXi AppTec

socalTECH

San Diego-based Pharmapace , a provider of clinical research services, focused on biometrics services for the clinical trial process, has been acquired by Shanghai-based WuXi AppTec , the two companies said on Sunday. Pharmapace provided biometrics services for all phases of clinical trials, regulatory submissions, and post marketing support, including clinical and statistical programming, data management, biostatistics, clinical data integration, and medical writing.

Financing with grants, not equity or debt

Berkonomics

The effort to write a grant request is not trivial. Email readers, continue here…] Grant writing takes skill and immense amounts of time. First, an example of grant-based financing .

Equity 156

Do you want to control your business destiny?

Berkonomics

This moment is not to be spoiled by such mundane warnings from advisors or consultants to plan carefully, research the market and competition, and execute the plan with tenacity and enthusiasm. Write your own Hollywood script. Because it is yours to write alone, there is no Hollywood script more thrilling than the one you create during those first days when everything is so very new.

Bio Roundup: Light For Spark, California Drug Law, IPO Queue & More

Xconomy

Fueled by high winds, low humidity, and ample dry vegetation, fires swept through several towns across the state and, as of this writing, have barely been contained. In a year of tragedies across the U.S., natural or otherwise, it seemed this week was California’s turn. With our minds on friends and loved ones affected by the fires, we turn to this week’s roundup. It includes the ongoing national health reform fight and plenty of deals and data.

Quick, How Might the Alien Spacecraft Work?

Xconomy

As a company we’ve had a certain amount of experience working with Hollywood, for example writing all the math for six seasons of the television show “Numb3rs” I hadn’t personally been involved—though I have quite a few science friends who’ve helped with movies. Writing Code. [ This post is about the movie “ Arrival ,” opening everywhere Friday; there are no movie spoilers here. ]. “It’s It’s an interesting script,” said someone on our PR team.

An LA-led, public-private partnership pitches a $150B green infrastructure package to Congress

TechCrunch LA

“ This will also help dealerships increase sales and bring needed sales tax revenues to local and state governments,” Peterson writes. “Startups and small businesses are the engine of every local and regional economy,” writes Peterson.

SBIR/STTR Workshop

SoCal Tech Calendar

Each year the federal government awards technology grants to companies like yours to conduct research and develop innovations for the government. You can then convert the funded research project into commercial business opportunities. Attend this workshop to learn how to write successful proposals to any of the 11 government agencies that run Small Business Innovation Research and Small Business Technology Transfer programs.

San Diego’s KnuEdge, Stealthy Since 2005, Unveils Neural Tech

Xconomy

The company worked under a contract with DARPA, the Pentagon’s Defense Advanced Research Projects Agency, and for other defense agencies, but Dilligan would not be more specific. The Intellisis link is no longer active] Goldin, who is now 75, declined to talk about the company at the time, writing in an e-mail, “We have not yet publically discussed our commercial product offerings.”.

Can you finance your company with grants?

Berkonomics

I am chairman of a company that, as I write this, is twelve years old and has not yet taken a dollar of outside investment. These grants include funding to educational institutions, researchers, research centers, colleges and universities, or private companies that are researching or developing leading edge solutions in several categories including agriculture, education, energy, health, medical, space, science and technology to name a few.

Pragmatism with Flavor

TechEmpower

Although we spend plenty of time researching and developing with new technologies based on desire and need, we don't want our clients to be guinea pigs (unless that's the nature of their business, of course). You're in the thick of it and about to write a small chunk of server-side code. but getting work done requires shutting down the news feed and writing code. We build web and mobile applications, and we've been doing so for a little over fifteen years.

Reduce five risks: Increase your valuation

Berkonomics

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Why five risks?

5 Key Steps For Launching A Successful Startup Today

Startup Professionals Musings

If you can explain the problem to a mentor, or even write it down, you will more likely get to the root cause quickly, and avoid emotional and blame-infused responses. Perhaps sparked by the recent pandemic, I’m seeing a new era of the entrepreneur, with startups springing up all around.

Mentor 110

Why Mommy Bloggers Can Help Your Business

Eric Greenspan

Some write about relationships and others about sex. Each of these “moms” spend their days researching products and services that may benefit their respective audience. They write how they feel and they influence millions. There are over 4,500 influential Mommy Bloggers covering topics from pregnancy to child raising to education. Recently I was approached by a writer of erotica and quality pornography requesting a spot on the TEDxAmericanRiviera stage.

Help 136

Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

As BCG writes in its report: The good news for SoCal and any region with tech ambitions is that the Bay Area has in some ways been too successful. Our research revealed a saturation level causing unprecedented challenges, starting with exorbitant housing prices and runaway operating costs that accelerate a startup’s “burn rate”—its monthly spending.

7 Startup Leadership Keys To Ramp Up Team Commitment

Startup Professionals Musings

Research has shown the public recognition if usually more of a motivator than even monetary rewards. When was the last time you took the time to hand-write a note to someone in your team, or a related team, on a job well done, or for giving you a helping hand?

7 Lessons On How Startups Use Social Media To Succeed

Startup Professionals Musings

Communication and writing skills are required. In additional to strong journalistic writing and storytelling, you need business acumen, strategic thinking and planning, and the ability to do the right research.

The lion and the ant: A managerial lesson

Berkonomics

This story has been making the rounds lately, and I confess that our research cannot find the source. So the lion recruited a cockroach who had extensive experience as a supervisor and who was famous for writing excellent reports. He also needed a secretary to help him write and type his reports.

7 Tips To Raise Your Entrepreneur Instincts In School

Startup Professionals Musings

Litan, former VP of research at the Kauffman Foundation, that these are exceptions to the rule, rather than a model to emulate. Don’t forget business writing and communication. Writing a business plan is the only way to determine if you even understand what your dream is all about.

Tips 114

Niche marketing works. Here’s how.

Berkonomics

If you’ve taken the steps to research your market and niche, the chances are that you’re taking your business seriously. Here’s a quick nod to the folks at Colour Graphics for urging me to write this insight. Close. How many of us throw away marketing dollars because our paid efforts reach an audience that is much larger than the target or niche audience we need to reach?

This is the Dumbest Op Ed I’ve Read in a While

Both Sides of the Table

I’m sure he’s way more versed on the research in corporate psychology than I. I know it may feel this way since I’m writing this tongue in cheek. The person writing things he or she is doing me a favor. They had to physically write a letter, address it, put a stamp on it (pay) and then put it in the mailbox.

My Thoughts on the Current Market: on 20-Minute VC

Both Sides of the Table

There are large sums of money to be invested and if investors can get comfortable with “downside protections” they’ll still write checks. But when a fund writes checks into a portfolio company it typically “reserves” money to invest in future rounds.

KYTHERA Names Chief Medical Officer

socalTECH

The firm said Beddingfield will lead all clinical research and development, including strategy, operations, statistics, data management, medical writing, regulatory and quality for the company. Los Angeles-based aesthetic medicine developer KYTHERA Biopharmaceuticals announced today that it has named Frederick Beddingfield, III, as its Chief Medical Officer.

Focus@will Aims To Help Users Focus, Using Music

socalTECH

Do you have a hard time concentrating and keeping on task, particularly for concentration intensive tasks like writing, coding, and reading? The company--led by Will Henshall--said it is using productivity research to deliver music to help users focus on tasks, based on musical key, arrangements, intensity, and other factors. A new Los Angeles Startup, focus@will , said this morning that it has launched a private beta of a service to do just that, by using music.

Help 168

Can you overcome five risks and create wealth?

Berkonomics

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. Of course, we are speaking of increased valuation of your company when we speak of “wealth.”

Quantum Computing 101: Brilliant, Google, Microsoft Training Workers

Xconomy

But tech companies are already writing the novel kinds of software these revolutionary computers will need in order to operate—and businesses are even helping to train the workforce for a future era of “quantum speed-up.’’ For that training task, Microsoft and X, the cutting-edge research arm of.

6 Practical Keys To Enhancing Your Business Acumen

Startup Professionals Musings

Kevin Cope, in his classic book “ Seeing the Big Picture ”, does a great job of outlining the basics of business acumen for executives, and helped me assimilate some practical ideas on building the essential elements for entrepreneurs: Reserve time daily to research the market, as well as technology.

Mentor 112

10 Popular Business Strategies That Most Often Fail

Startup Professionals Musings

I believe the old adage that you don’t know what you don’t know until you try to write it down. The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it.

Search Engine Ranking Can Make Or Break Your Business

Startup Professionals Musings

Keyword research and budget forecasting. PPC experts charge you to research, analyze, and estimate hit ratios, to optimize your success and set a campaign spending budget for you. Campaign setup and ad copy writing.

PPC 116

Quick Hack to Make Your Boss (and you) More Productive

Both Sides of the Table

The researchers taped 29 hours of people working in a typical office, and found that they were interrupted on average four times each hour. He also write a nice post on limiting email and managing on the important / urgent matrix from the perspective on a recovering ex investment banker. This comment and blog post prompted me to write a post that has been in my queue for a long time. I often write that I learned more than I care to admit from working at Andersen Consulting.

Should Startups Announce Their Funding?

Both Sides of the Table

I will add to this as I write more in the coming weeks on the topic. The funding rounds will also build customer confidence and they’ll help journalists feel air cover in writing your more important pieces when you brag about customers, traction, revenue or whatever. But if you’re in a competitive space where you want to get a little more engineering done before the world is ready to start researching you then you may choose to delay.

Molecular Assemblies Raises $12M to Advance Enzymatic DNA Synthesis

Xconomy

Biologists have been using artificially created DNA, produced through what’s known as chemical DNA synthesis, as a research tool for decades. Now, as demand for engineered DNA rises, a handful of startups are vying to become the go-to provider for researchers looking for improved versions of the DNA sequences. The company has developed an enzymatic approach to writing DNA that can.

How to use PR Firms at Startups

Both Sides of the Table

Obviously you should have somebody that helps you research journalists, gets you meetings, pitches stories, helps prep you for interviews & helps make sure your writing is cogent. The reality is that a journalist who’s writing a story about you – a relatively unknown entity – wants to hear directly from the founders and/or the CEO. And I actually got pretty decent grades in English and writing overall. I write on my blog how I think in my head.

Press 288

7 Steps To Greater Satisfaction As A New Entrepreneur

Startup Professionals Musings

Do in-depth research on relevant startups and leaders. Write a business plan for your first startup.

What Do You Need to Do to Improve Sales? Here’s a Start …

Both Sides of the Table

I write about sales often both because it’s the lifeblood of any organization and because in my experience it is the area in which more startups are least experienced or inclined. I also write and talk about it frequently because raising capital is a part of sales and this is important for entrepreneurs to understand. First, pension funds normally write very large checks – $50m and up often.

Sales 274

10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

I personally find that writing down my business plan is a good discipline to incent me to think through all the issues, and do the research on the alternatives available.

The thrill of the adventure!

Berkonomics

This moment is not to be spoiled by such mundane warnings from advisors or consultants to plan carefully, research the market and competition, and execute the plan with tenacity and enthusiasm. Because it is yours to write alone, there is no Hollywood script more thrilling than the one you create during those first days when everything is so very new. There is nothing quite as thrilling in business as igniting a startup and watching it blossom.

Press 139

10 Startup Principles To Validate Fit Prior To A Plan

Startup Professionals Musings

Here is my edited summary of their ten principles, which I like and may convince you that you don’t need a business plan at all, or at the very least will help you write a better one later: A new venture is a means, not an end.

Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

Harris writes: “The figures, dating back to 2016, paint a picture of a company desperate to meet over-ambitious autonomy targets and one that is willing to spend freely, even recklessly, to get there. Navigant Research released its annual, and often controversial autonomous vehicle leaderboard report, by principal analyst Sam Abuelsamid. Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch.