This link has been bookmarked by 105 people . It was first bookmarked on 24 Jun 2006, by vivpuri.
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most venture capitalists have made a “gut level” go/no go decision during the PowerPoint pitch
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Receiving (and possibly reading) the business plan is a mechanical step in due diligence.
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A good business plan is an elaboration of a good pitch; a good pitch is not the distillation of good business plan.
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Ramón SuárezIn my day job, I not only hear a lot of PowerPoint pitches, but I also read a lot of business plans. The PowerPoint pitches explain my Ménière's disease, but the business plans explain my recent need for reading glasses. One of my goals for blogging is to
business startup plan entrepreneur writing management entrepreneurship presentations guy kawasaki vc investor businessplan funding presentation pitch executive summary
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15 Jul 09
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06 Apr 09
In my day job, I not only hear a lot of PowerPoint pitches, but I also read a lot of business plans. The PowerPoint pitches explain my Ménière's disease, but the business plans explain my recent need for reading glasses. One of my goals for blogging is to reduce the external factors that are causing the degradation of my body, so this entry's topic is the zen of business plans.
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Derek BrandowKey tips to makeing a clear and consice Business Plan.
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the actual writing of the business plan--literally sitting down at a computer and pounding out the document--should be a solo effort
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A good business plan is an elaboration of a good pitch; a good pitch is not the distillation of good business plan.
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Executive Summary (1), Problem (1), Solution (1), Business Model (1), Underlying Magic (1), Marketing and Sales (1), Competition (1), Team (1), Projections (1), Status and Timeline (1), and Conclusion (1).
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The executive summary, all one page of it, is the most important part of a business plan.
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The tighter the thinking, the shorter the plan; the shorter the plan, the faster it will get read.
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Do everyone a favor: Reduce your Excel hallucinations to one page and provide a forecast of the key metrics of your business--for example, the number of paying customers. These key metrics provide insight into your assumptions.
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What you want to do is catalyze fantasy: that is, enable the reader to make her own mental calculation that this market is big.
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It means that when you write your plan, you act as if you know exactly what you're going to do. You are deliberate. You're probably wrong, but you take your best shot.
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The Zen of Business Plans
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arobertThe question is what is the most important part of the business plan, not what is the most important part of the business itself. Short answer, it's the Executive Summary.
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Dhul Qarnaynmuy buen post sobre un business plan bien escrito
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