Key Points that VCs look for in a New Start-up Business Plan?

1.       Who is behind the company?

·    Founders, Key Management, Board Members and Advisor Profiles

2.       What is the customer pain point your company is trying to address? How is it different from the other companies trying to address similar need?

·    Customer need and existing solutions  available to address the  need

·    Examples on how your company will address the customer need

·    Explanation on why your company's solution is better than the existing solution(s)

·    Any external environment/context that may influence customers towards your company's solution

3.       What is the target market size for your company?

·    Total market size and the share that your company is projected to capture

4.       What is the goal of the company?

·    A simple statement stating the purpose of the company

5.       What is the product or service of the company?

·    Functionality and Feature Roadmap

6.       How will your company make money?

·    Business model for the company

·    Financial Plan and Assumptions driving the financial plan (revenue drivers, channel economics, product pricing, etc)

15 New Rules for Startups by Mahesh Murthy

15 New Rules for Startups by Mahesh Murthy

Well Said!

1. The biggest guru-mantra is: Never share your secrets with anybody. It will destroy you!
2. The real measure of your wealth is how much you'd be worth if you lost all your money.
3. A person should not be too honest. Straight trees are cut first and honest people are screwed first!
4. Before you start some work, always ask yourself three questions - Why am I doing it, What the results might be and Will I be successful. Only when you think deeply and find satisfactory answers to these questions, go ahead.
5. Once you start a working on something, don't be afraid of failure and don't abandon it. People who work sincerely are the happiest!

- Chanakya