Showing posts with label venture capital. Show all posts
Showing posts with label venture capital. Show all posts

Zero to One Million: How I Built A Company to $1 Million in Sales . . . and How You Can, Too Review

Zero to One Million: How I Built A Company to $1 Million in Sales . . . and How You Can, Too
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This book offers sound advice about starting a business, but not waiting till everything is all perfectly lined up before you do so.
** In some ways it reminds me of Ready, Fire, Aim Ready, Fire, Aim: Zero to $100 Million in No Time Flat (Agora Series) but I like this one a little bit better. **
The author talks about how if you were going somewhere but waited till all the lights were green before you left the house, you would never leave. He also talked about how you could cross the country at night with just your headlights providing illumination. You would never know what was way up ahead but just as in business if you know where you want to go you can get there if you keep working at it, even if you don't see the whole path ahead of you yet.
** Some of the other good stuff is how you plan what you want to achieve in life, break it down to a strategy of what you want in 20 years, then break that down to what you want in the next year and use a 6 month or year as a tactic for gradually moving towards your long term goal. But he also shows how to use a daily goal or weekly plan to achieve your 6 month or yearly goal. In other words you break down your plans into daily, achievable bites that add up over time. **
Things like Passive Income are discussed and how to implement them into your life and business.
It takes a lot for me to be really impressed but this young man has produced a lot of wisdom in this book. I just hate how some people put it down without even reading it. They should be ashamed of themselves.
There's more in the book but as someone who takes their reviews seriously let me just say that this will be one of the best business books you can read if you are thinking about starting your own company and want some encouragement and tips for how to proceed.
I might come back and add to this review later on but for now this should tell you what it is about.


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Do You Want to Become a Multi-Millionaire Entrepreneur? Here's How.

By the time Ryan Allis had reached the age of twenty-one, he had achieved the financial goal most people just dream about: He built his company to one million in sales. Allis has since grown his company iContact Corp., a provider of Web-based email marketing and online communication software, to $10 million per year in sales, and has helped numerous clients increase their sales dramatically.

Now Allis shares the secrets of his lightning-fast success with you. In Zero to One Million, he details his simple yet innovative evaluation system of "Market-Advantages-Return" to help you determine if your business idea is viable. Once you have a solid foundation, you can apply his advice for successfully running your business-from initial planning to managing high-speed growth.

Evaluate your business idea using the innovative MAR system
Write a business plan sure to excite your investors
Launch your company with minimal expenditure
Boost online sales using cutting-edge marketing strategies
Watch all your hard work transform into millions

Did you know that eighty-one percent of millionaires are entrepreneurs? Join the pantheon of successful businessmen and women with Zero to One Million.


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Get Your Business Funded: Creative Methods for Getting the Money You Need Review

Get Your Business Funded: Creative Methods for Getting the Money You Need
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This book has been a really great resource for me. As a budding small-business owner myself, Mr. Strauss' book jumped off the shelves when I was looking for information on this very topic. Not only did I get clear, concise, practical information, I also learned about some new ways to find start-up money that don't really get a lot of press. Things like crowd funding, micro-finance, and business plan competitions. I dog-eared lots of pages and used a highlighter pen to mark up the topics that were most helpful to me. I'm keeping this book on my desk as I have no doubt that I'll come back to it time and time again. Three cheers for an author who gets right down to business!

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Explore the many options available to get the money you need for your business
Whether your business is a new start-up, an established company attempting to grow, or somewhere in between, Get Your Business Funded gives you the full range of options for raising capital in today's challenging economy.

Covering everything from bank loans to angel investors to equity financing to more unorthodox methods, this complete guide uses clear, easy-to-understand language to explain each approach.

Divided into two sections: "Sources and Funding" and "What You Need to Know"
Explains such unorthodox financing sources as peer-to-peer lending, online grants, business plan competitions, and the "friends and family plan"
Reveals untapped funding streams available through the government
Follows on the success of the author's previous work The Small Business Bible

Pick up this reader-friendly guide and discover the many ways you can Get Your Business Funded right now.


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Biodesign: The Process of Innovating Medical Technologies Review

Biodesign: The Process of Innovating Medical Technologies
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I am a recent graduate of the Stanford Graduate Student of Business and have worked in the life sciences industry for many years. While at the GSB, I took the 2-quarter BioDesign class which used a beta version of this book as its text. The course - and text - has a rather ambitious aim, namely to explore the medtech entrepreneurial and innovation process and to do so in a cross-functional, comprehensive, and hands-on fashion. As one of the more popular courses at Stanford and one that has resulted in numerous new VC-funded start-ups, I think they have succeeded in this goal.
More so than entrepreneurialism in other industries, starting a new business in medical devices requires bringing together many disciplines and functions, including engineering, medicine, and business. This book takes this comprehensive view of the process. You'll learn about:
* Medical - learn about the clinical trials process for medical devices (e.g. 510k / PMA) ... learn how to put together a clinical development plan & clinical trials plan
* Engineering - learn about prototyping, produce concept definitions, R&D strategy
* Business - learn about doing a market assessment ... how to put together a reimbursement strategy ... how to do a marketing & business plan ... how build your financial models
But more than just looking at the individual disciplines, this text looks at the innovation *process*. That is, it walks through idea/concept creation and screening, researching new clinical need areas, and important early due diligence (i.e. IP searches, researching unmet medical needs, doing a stakeholder analysis). Then, once you have your concept it takes you through developing your early prototype and putting together a development and business plan. Next, it discusses how you will want to go about pitching this to VCs and obtaining funding to implement your product. And finally, it touches on operation issues and exits once your product is launched.
The book is highly readable and is accessible to a wide range of backgrounds and knowledge levels. This is because it was designed to be a text for a course that was taken by b-school students, engineering graduate students, and med school students. Additionally it is very hands-on, and discusses the tangible *things* that need to be done as you go through the start-up innovation process, and includes numerous case studies. Some chapters are rather dense but these can be skimmed until you actual need to reference the material.
On caveat is that, while I think this text can be relevant for people that are interested in innovation and start-ups in biotech or other areas of life sciences, it is clearly targeted to medical devices & medtech.
Being a successful entrepreneur in medical devices requires a thorough understanding of each of these steps in the innovation process and all of the cross-functional disciplines that are involved in bringing a new innovation to market and to patients. This textbook understands this and tackles this topic with that principle in mind.

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Recognize market opportunities, master the design process, and develop business acumen with this 'how-to' guide to medical technology innovation. A three-step, proven approach to the biodesign innovation process - identify, invent, implement - provides a practical formula for innovation. The experiences of hundreds of innovators and companies, in the form of case studies, quotes and practical advice, offer a realistic, action-orientated roadmap for successful biodesign innovation. Real-world examples, end-of-chapter projects, and Getting Started sections guide the reader through each of the key stages of the process and provide a template to create their own new medical devices. Addressing common medical, engineering, and business challenges to develop well-rounded expertise, this book is the complete package for any biodesign entrepreneur. The text is supported by valuable resources, including up-to-date industry changes: found at ebiodesign.org.

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