Miro set a 20-user business plan minimum to prevent smaller teams overpaying
“And so when we introduced the business plan, which had security features like SSO included in it, we set another threshold. We set 20 users minimum for the business plan, because if you were smaller than that, You could pay us the higher price, but maybe you w…”
Sekinger: Early-stage founders do not need expensive business plans to launch
“What I learned from the, you know, the business plan company that I started was people don't want a business plan. They want to be able to actually queue quickly. And they honestly don't really need a rock solid business plan to start either. They need some ty…”
Kawasaki: AI will soon evaluate business plans in 30 seconds
“I would think that pretty soon you'll just be able to stick a PowerPoint or business plan into an AI model, and 30 seconds later, it'll give you a thumbs up or thumbs down.”
Huang: Startup financial forecasts matter far less than core defensibility
“It turns out that making a financial forecast that nobody knows is going to be right or wrong turns out not to be that important. But the important things that a business plan probably could have teased out, I think that the art of writing a business plan ough…”
Latka: Execution, not business planning, is the true indicator of startup success
“That is not the success indicator of a business. It's, can you go execute?”
Kaufman: First-time business plans only require five core operational sections
“When somebody is trying to write a business plan for the first time, my advice to them is very simple. Take out a sheet of paper. You have five subheads, value creation, marketing, sales, value delivery, and finance. And if you can sketch out in detail what ea…”
Walling: Business plans are unnecessary without outside capital or large teams
“We don't need a business plan if we're not raising capital or it's not super complex thing, or there's not 10 of us working on it.”
Siminoff: Outsourcing a business plan proves a founder misunderstands their business
“If you needed a kid to write your business plan, it means you didn't understand your business.”
Khosla: Business plans are irrelevant except for evaluating how founders think
“So I often tell entrepreneurs a business plan is completely irrelevant other than to judge how somebody's thought about a problem, not what they're going to do.”