Burn the Business Plan

Burn the Business Plan

plans with detailed financial forecasts, no matter how unlikely the market uptake for the proposed products or services might be. He added that writing a winning business plan had been his first successful startup and was likely to be ...

Author: Carl J. Schramm

Publisher: Simon and Schuster

ISBN: 9781476794365

Category: Business & Economics

Page: 288

View: 275

Business startup advice from the former president of the Ewing Marion Kaufmann Foundation and cofounder of Global Entrepreneurship Week and StartUp America, this “thoughtful study of ‘how businesses really start, grow, and prosper’...dispels quite a few business myths along the way” (Publishers Weekly). Carl Schramm, the man described by The Economist as “The Evangelist of Entrepreneurship,” has written a myth-busting guide packed with tools and techniques to help you get your big idea off the ground. Schramm believes that entrepreneurship has been misrepresented by the media, business books, university programs, and MBA courses. For example, despite the emphasis on the business plan in most business schools, some of the most successful companies in history—Apple, Microsoft, Google, Facebook, and hundreds of others—achieved success before they ever had a business plan. Burn the Business Plan punctures the myth of the cool, tech-savvy twenty-something entrepreneur with nothing to lose and venture capital to burn. In fact most people who start businesses are juggling careers and mortgages just like you. The average entrepreneur is actually thirty-nine years old, and the success rate of entrepreneurs over forty is five times higher than that of those under age thirty. Entrepreneurs who come out of the corporate world often have discovered a need for a product or service and have valuable contacts to help them get started. Filled with stories of successful entrepreneurs who drew on real-life experience rather than academic coursework, Burn the Business Plan is the guide to starting and running a business that will actually work for the rest of us.
Categories: Business & Economics

Burn Your Business Plan

Burn Your Business Plan

Author: David E. Gumpert

Publisher: Lauson Pub

ISBN: IND:30000100450935

Category: Business & Economics

Page: 178

View: 759

"Breaking ranks with conventional wisdom, this book argues that writing a business plan unnecessarily wastes time and, in fact, could be counterproductive. This careful study examines start-up experiences and the minimal role of business plans in the practices of such entrepreneurs as Bill Gates and Michael Dell. Small business owners are urged instead to focus on key hands-on tasks that are more likely to impress professional investorsùtasks such as preparing an effective oral presentation, writing a clear and compelling synopsis, developing a web site that captures a business model, and assembling hard-hitting financial projections. Provided are a sample synopsis that helped attract $4 million of investment capital, examples of effective financial projections, 10 ways to demonstrate demand for a product or service, and a detailed case study of an entrepreneur who raised more than $50 million of investment fundsùwithout the use of a written business plan. Entrepreneurs learn inside tips for how to value company stock, how to network most effectively to attract the interest of investors, and how to negotiate from strength with prospective investors."
Categories: Business & Economics

How to Really Create a Successful Business Plan

How to Really Create a Successful Business Plan

Author: David E. Gumpert

Publisher: Lauson Pub

ISBN: PSU:000056749939

Category: Business & Economics

Page: 252

View: 827

Outlines the steps to writing a successful business plan, and features the business plans of such companies as Pizza Hut, Celestial Seasonings, and Ben & Jerry's.
Categories: Business & Economics

Hire Me Fire Me Hired Myself

Hire Me  Fire Me  Hired Myself

DON'T BURN YOUR BUSINESS PLAN ... JUST YET, MAYBE LATER! A failure to plan is a plan to fail (Anonymous quote) n any activity, including when you are not fully employed, there is probably a benefit from planning your future to make sure ...

Author: David Michael

Publisher: Lulu.com

ISBN: 9781411677715

Category: Business & Economics

Page: 234

View: 351

Could employers soon be begging you to work for them and help them survive the next half century? That's the theme of Hire me? Fire me Hired myself. It's due to the growing number of retirees in developed economies which implies fewer people having to do more work. But expect turmoil in the workplace with higher turnover, more international competition and less loyal workers. This is a book for both employers and employees. From the employer perspective it will be useful to understand the jobs J Curve if they want to understand what motivates employees. From the employee perspective there is work to be done in preparing better for work and performing better. The book contains many case studies across different industries, situations, countries and religions. Take that of Elizabeth Keller, former NASA scientist, now mother of 4 and running her own science business. There are certain rules to follow, not least of which is keeping a sense of humour. There is more at http: //wondu.blogspot.co
Categories: Business & Economics

Write Your Business Plan

Write Your Business Plan

Keep that next negotiation in mind while working toward and planning for the one at hand. What that means in a business plan context is don't burn any bridges. If an investor doesn't respond to your plan, brushes you off, or even rudely ...

Author: The Staff of Entrepreneur Media

Publisher: Entrepreneur Press

ISBN: 9781613083017

Category: Business & Economics

Page: 394

View: 119

More than 15 years ago, the staff at Entrepreneur Media introduced bestseller Start Your Own Business. Since its release, Start Your Own Business has sold more than 300,000 copies and has been called “the best startup book of all time.” At it again, the staff at Entrepreneur delivers a new dose of fundamental startup how-to, backed by 33+ years at the forefront of small business. Write Your Business Plan takes aspiring entrepreneurs past one of the hardest steps of startup second to committing to their business goal — defining how to achieve it. Each chapter is devoted to analyzing, explaining, and presenting practical instruction on developing a business plan relevant to today’s marketplace and lending landscapes. Appropriate for both existing companies and brand-new startups, this guide is divided into three sections: Before Writing Your Business Plan, Writing Your Business Plan, and Enhancing Your Business Plan. Starting with basic FAQs, experts then lead readers into evaluating their venture, identifying what type of plan they need, and getting their plan on paper and polished for their intended audience. Coached by a diverse group of experts and successful business owners, readers gain an in-depth understanding of what’s essential to any plan, what’s appropriate for their industry, and what they can do to ensure success.
Categories: Business & Economics

Get Your Venture Backed with Persuasive Data Viz

Get Your Venture Backed with Persuasive Data Viz

As for business plans, “Not for us,” the company writes on its site's FAQ. “We love demos, but we never read ... The response from one of the mentors was to say, “Burn your business plan—before it burns you.” Instead, the mentors said, ...

Author: Scott Berinato

Publisher: Harvard Business Press

ISBN: 9781633697324

Category: Business & Economics

Page: 524

View: 327

Communicating your idea in a clear, compelling, and persuasive manner is critical when trying to launch a new venture. This Harvard Business Review collection brings together two popular books to help you craft your story, design better visualizations, impress your audience, and turn your idea into reality. Understanding and using data viz to persuade is a must-have skill for anyone in business today--especially if you're launching a new venture. In Good Charts, dataviz maven Scott Berinato provides an essential guide to how visualization works. Berinato lays out a system for thinking visually and building better charts through a process of talking, sketching, and prototyping. How do you launch the venture of your dreams? In Get Backed, entrepreneurs Evan Baehr and Evan Loomis argue that it's not just about securing startup funding. It's about building the right relationships, crafting a compelling story, and creating the perfect pitch deck. Filled with proven tips, exercises, and templates, this book shows the process for how to successfully communicate your vision. Good Charts will help you turn plain, uninspiring charts that merely present information into smart, effective visualizations that powerfully convey ideas. Get Backed will show you exactly what it takes to get funded and will give you the tools to launch a new venture. Together, these books will help you bring your idea to life.
Categories: Business & Economics

The Millionaire Fastlane

The Millionaire Fastlane

Burn. the. Business. Plan,. Ignite. Execution. Having the world's best idea will do you no good unless you act on it. People who want milk shouldn't sit on a stool in the middle of the field in hopes that a cow will back up to them.

Author: MJ DeMarco

Publisher: Viperion Publishing Corp

ISBN: 9780984358106

Category: Business & Economics

Page: 336

View: 579

10TH ANNIVERSARY EDITION Is the financial plan of mediocrity -- a dream-stealing, soul-sucking dogma known as "The Slowlane" your plan for creating wealth? You know how it goes; it sounds a lil something like this: "Go to school, get a good job, save 10% of your paycheck, buy a used car, cancel the movie channels, quit drinking expensive Starbucks mocha lattes, save and penny-pinch your life away, trust your life-savings to the stock market, and one day, when you are oh, say, 65 years old, you can retire rich." The mainstream financial gurus have sold you blindly down the river to a great financial gamble: You've been hoodwinked to believe that wealth can be created by recklessly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. This impotent financial gamble dubiously promises wealth in a wheelchair -- sacrifice your adult life for a financial plan that reaps dividends in the twilight of life. Accept the Slowlane as your blueprint for wealth and your financial future will blow carelessly asunder on a sailboat of HOPE: HOPE you can find a job and keep it, HOPE the stock market doesn't tank, HOPE the economy rebounds, HOPE, HOPE, and HOPE. Do you really want HOPE to be the centerpiece for your family's financial plan? Drive the Slowlane road and you will find your life deteriorate into a miserable exhibition about what you cannot do, versus what you can. For those who don't want a lifetime subscription to "settle-for-less" and a slight chance of elderly riches, there is an alternative; an expressway to extraordinary wealth that can burn a trail to financial independence faster than any road out there. Why jobs, 401(k)s, mutual funds, and 40-years of mindless frugality will never make you rich young. Why most entrepreneurs fail and how to immediately put the odds in your favor. The real law of wealth: Leverage this and wealth has no choice but to be magnetized to you. The leading cause of poorness: Change this and you change everything. How the rich really get rich - and no, it has nothing to do with a paycheck or a 401K match. Why the guru's grand deity - compound interest - is an impotent wealth accelerator. Why the guru myth of "do what you love" will most likely keep you poor, not rich. And 250+ more poverty busting distinctions... Demand the Fastlane, an alternative road-to-wealth; one that actually ignites dreams and creates millionaires young, not old. Change lanes and find your explosive wealth accelerator. Hit the Fastlane, crack the code to wealth, and find out how to live rich for a lifetime.
Categories: Business & Economics

Facilitating Opportunity Development Increasing Understanding of the Lean Startup Approach in Early Stage High Tech Entrepreneurship

Facilitating Opportunity Development  Increasing Understanding of the Lean Startup Approach in Early Stage High Tech Entrepreneurship

However, although there is a common belief in the benefits that can be gained from business planning and the business ... on written business plans on a global scale in the context of his research for the book „Burn your business plan!:

Author: Christian Kählig

Publisher: GRIN Verlag

ISBN: 9783640951079

Category: Business & Economics

Page: 140

View: 420

Master's Thesis from the year 2011 in the subject Business economics - Company formation, Business Plans, grade: 1.0, Technical University of Munich, course: Entrepreneurial Opportunity Development, language: English, abstract: The research objective of this study was to explore how the startup idea development progress was experienced by entrepreneurs and how the Lean Startup Approach (LSA) affected that progress in early stage high-tech entrepreneurship. The Lean Startup movement has gained a lot of traction not only in the Silicon Valley area, but also to some extent in Europe. However, with increasing popularity, criticism starts to get formulated as well. Due to the limited coverage of the LSA, its principles and related management practices in academic literature, it remains difficult to critically assess the validity and effectiveness of the proposed concept. With this study, light is shed on the LS phenomenon by interviewing representative high-tech entrepreneurs and leading proponents of the LS principles and practices. In order to better understand LS principles at work with an emphasis on experienced startup idea development progress, semi-structure interviews with seven Lean Startup Machine (LSM) event participants as well as one mentoring subject matter expert were conducted. The interviewed practitioners were purposely selected from the most and least performing teams according to the appraisal of the LSM event judges. The main reason for choosing the LSM event is the fact that the LSM projects, while somewhat artificial, do provide condensed versions of real life startups, which provides a high information to effort ratio to me as a researcher. Furthermore, a LSA survey tailored to the opportunity development process and a post-LSM-event survey were conducted. The purpose of the multiple mini-cases study (which treated each team working on an entrepreneurial idea as a mini-case) was to explore the opportunity development progress and the role of LS principles and practices from the perspective of consumer Internet high-tech entrepreneurs and LS proponents (mentors) in a highly time-constrained real world LS practitioner event in the USA. Learning about how participants of the event perceived and experienced development progress and the LSA provided insights into the relevance of the LS methodology as a means to accelerate the development progress of an early stage startup idea towards a viable opportunity.
Categories: Business & Economics

Electronic Commerce Concepts Methodologies Tools and Applications

Electronic Commerce  Concepts  Methodologies  Tools  and Applications

A final lesson pertains to development and refinement of one's business model. In mature industries, there are one or more ... Burn your business plan: What investors really want from entrepreneurs. Needham, MA: Lauson Publishing.

Author: Becker, Annie

Publisher: IGI Global

ISBN: 9781599049441

Category: Business & Economics

Page: 2522

View: 997

Compiles top research from the world's leading experts on many topics related to electronic commerce. Covers topics including mobile commerce, virtual enterprises, business-to-business applications, Web services, and enterprise methodologies.
Categories: Business & Economics

The Business Plan Workbook

The Business Plan Workbook

Success was a slow-burn process with Mazella trying out six business models and endured listening to 'endless people telling me I was wasting my time' before hitting on the right one. In 2006, Nicolas Brusson, Francis Nappez and ...

Author: Colin Barrow

Publisher: Kogan Page Publishers

ISBN: 9780749481803

Category: Business & Economics

Page: 377

View: 386

One of the most important steps in launching or expanding a venture is the creation of a business plan. The absence of a written business plan can lead to failure for new businesses, and inhibit growth and development. Based on methodology developed at Cranfield School of Management, The Business Plan Workbook takes a practical approach to the topic of business planning. Perfect for those growing businesses, as well as a range of academic and professional courses, this title takes the reader step-by-step through each phase of the development of a business plan, from creating a competitive business strategy to its writing and presentation. With 29 corresponding assignments that each includes case studies such as Hotmail, Cobra Beer, IKEA and Amazon, actively engaging questions and worksheets, it will enable you to validate your business idea, brand your business, research your market, and raise finance. This new edition includes an additional assignment covering online content, key words, SEO, Social Media, traffic tracking, affiliate marketing and online advertising. With a range of fresh case studies including BrewDog, Chilango and Honest Burgers, this fully updated ninth edition of The Business Plan Workbook is an invaluable and comprehensive guide to all aspects of business planning.
Categories: Business & Economics