Lost Job Start Business

My new ebook called “The Rebound: The Ultimate Guide to Starting a Business After You have Lost Your Job.”

Writing a business plan is important. However many entrepreneurs are guilty of overkill in this department. Here are seven key reasons not to write a large 80+ page business plan.

Slidecast with audio that shows how entrepreneurs can build their own financial projections for their business plan.

Interview with Jeff Frutkin that looks at the importance of good ideas to starting a new business. It covers how you can leverage ideas created externally within your organization.

Why you should build your business around Warren Buffett’s criteria of a good investment.

Ok, many entrepreneurs get this very wrong. Some do not apply any methodology to obtaining their sales figures. In the vast majority of business plans, the sales assumptions are simply plucked out of thin air.

With the success of Y-Combinator many Business Angels and Venture Capitalists are changing the way they invest in start-up companies.

Here is a slideshow that shows the truth behind business plans. I hope you enjoy. The Truth Behind Business Plans Slideshow

Face it, you are a marketer. It’s the most important thing that you do. I know, you think that you are an engineer/designer/techie, and that’s ok. But in the big picture you are a marketer.

Wow, it always amazes me when I hear a fellow entrepreneur say “I can’t do my financial projections”. Financial projections are an important part of the planning process. The hard part is getting the assumptions fairly accurate and not the spreadsheet work. In reality all you need to know to be able to compile your financial projections is how to add, subtract, multiply and divide.