Startup Professionals Musings

JULY 9, 2021

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. Disciplining yourself to write down the plan is actually the best way to make sure you actually understand it yourself. Pitch your company, not your product.

Entrepreneur 156

Entrepreneur Tips Funding Startup 156

Startup Professionals Musings

MAY 18, 2014

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. Disciplining yourself to write down the plan is actually the best way to make sure you actually understand it yourself. Pitch your company, not your product.

Entrepreneur 108

Entrepreneur Startup Writing Slides 108

Startup Professionals Musings

JULY 15, 2015

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. Disciplining yourself to write down the plan is actually the best way to make sure you actually understand it yourself. Pitch your company, not your product.

Startup 104

Startup Writing Entrepreneur Slides 104

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Statistics show that the failure rate for new startups within the first 5 years is as high as 50 percent. That’s not bad, but who wants to be average? How can you improve your odds?

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

Startup Professionals Musings

AUGUST 25, 2023

Based on my own experience as a mentor and angel investor, I find that as many as ninety percent of startups fail in the first five years, despite their best efforts. Pundits in Latino countries quickly pointed out that the name, ‘no va’ means ‘does not go’ in Spanish. Do a written business plan to validate your thinking.

Social Media 98

Social Media Metrics Media Tool 98

Startup Professionals Musings

NOVEMBER 11, 2013

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Statistics show that the failure rate for new startups within the first 5 years is higher than 50 percent. That’s not bad, but who wants to be average? How can you improve your odds?

Startup 100

Startup Ideas Entrepreneur Resource 100

Startup Professionals Musings

JANUARY 20, 2018

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. Disciplining yourself to write down the plan is actually the best way to make sure you actually understand it yourself. Pitch your company, not your product.

Startup 65

Startup Entrepreneur Slides Content 65