Robin Good: If you feel in a straightjacket, having to create a traditional business plan for your upcoming web-based venture, you may find some comfort in this short article about business plans and startups.
Investor and entrepreneur Brad Feld writes: "As an entrepreneur, I encourage you to reject the notion of a classical business plan from the 1970′s."
From the original article on the Wall Street Journal, Accelerators section: "Today, it’s clear to me that business plans for startup companies are a historical artifact that represented the best approach at the time to define a business for potential investors.
In the past decade, we’ve shifted from a “tell me about it” approach (the business plan) to a “show me” approach (the Lean Startup).
Rather than write long exhaustive documents, entrepreneurs can rapidly prototype their product and get immediate user and market feedback."
7 things going against you as a first-time entrepreneur VentureBeat Rajesh “Raj” Setty is a serial entrepreneur and a business alchemist based in Silicon Valley. If you are a first-time entrepreneur in any industry, odds are well against you.
Preparing a business plan can be essential for any business entrepreneur who is looking for funds for his projects. However, having a business plan document can also be useful to define the goals of a business project even if we are not looking for investors and we want to bootstrap the business. A business plan can help entrepreneurs to answer the core questions about what is our business model, who are our clients, what are our services/products, and how we will make money from these clients.
Entrepreneur How to Start a Business With Student Loans and Not Go Broke Entrepreneur Startup life, where income is anything but certain, qualifies you for the high risk camp, so it's important to know your options.
General Management - A marketer may feel overwhelmed by the huge selection of business tools. Fortunately, the following infographic highlight experts' favorites, so marketers can whittle down their options and choose.
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