Alright, you decided to start a business. That's wonderful. You and your best friend, co-worker, Internet buddy or whoever are going to give entrepreneurship a shot. Before you venture off into the wilds of business, you need to figure out what the deal is between you and your … [Read more...]
Three Not So Easy Pieces
Starting a business can be a risky undertaking. They can be full of missteps, starts and stops and disappointments. To ensure that you start off on the right footing, there are three documents that will create your ventures foundation. Without them, it will be hard to be … [Read more...]
The Project Trinity
Projects are multi-dimensional. These dimensions push and pull on each other till the eventually, the project gets done. The trade-offs between features, schedule and budget are always present. Being aggressive on one or two leads to compensation by the third. Being aggressive on … [Read more...]
Financial Models: Cash Budgets
Financial models are a critical component of any venture. Modeling how you spend and earn money is the only way to know how much to ask for. A proper financial model also forces you to ask the tough questions about where each and every dollar is going. These models are also a … [Read more...]
Executive Summaries
Think of executive summaries as a marketing slick without the high gloss paper and fancy graphics. It's usually the first thing an investor sees (the second is your pitch). A good one gets you the meeting. A bad one gets you crickets. The executive summary brings alive the … [Read more...]