1
Feb

Successful Business Plans

Want create site? With Free visual composer you can do it easy.

I remember writing my first business plan back in 1996. I bought some software that offered templates and spreadsheet models that I could use. I also hired a consultant to help me with the writing. I still have a copy of that original plan which I kept in a 3-ring binder.

I also have a copy of the Powerpoint presentation that we used to raise our first $1.3 million at Ancestry.com. During the bubble, you really didn’t need a complete business plan. Just a good domain name and the right VC connections. Money was really flowing.

But normally you need a business plan and a good financial model to raise outside investment capital. Even if investors don’t really read the whole thing, it’s kind of a hurdle that you have to jump over in order to be considered a legitimate operation.

Over the years I’ve seen hundreds of business plans, including a few great ones. The most interesting of all are from the companies that actually got funded. Anyone can write a plan. Anyone can follow a template from a software application. But I think it is important for entrepreneurs to study plans and powerpoint presentations from companies that actually raised capital. Those are the kinds of plans and presentations that set a standard that entrepreneurs should try to follow.

My team at FundingUniverse is now publishing low-cost collections of actual business plans that actually got funded. I have read a bunch of them and have found them valuable and interesting.

If you check them out, let me know what you think.

Did you find apk for android? You can find new Free Android Games and apps.

2 Responses

  1. Rait Ojasaar

    Hi Paul!

    I am from Estonia and I tried to order the business plans that actually got funded. I did not get too far because like in most cases, it is not possible to order stuff outside USA from US based websites.

    Anyway I completed a contact form, so perhaps someone will get in touch with me and solve my problem. I am really interested in those business plans that got funded. Without samples it is quite difficult to write the kind of business plan that complies with wester VC standards, so I have great hopes in those plans.

    PS! Your blog is one of the most read blogs in my bookmarks!

    Cheers,
    Rait Ojasaar
    Nordic Biodiesel Ltd
    Tallinn, Estonia
    +372 51 88 255

Leave a Reply