"How
Do You Put All The Puzzle Pieces Together
To Successfully Start Your Own Company?"
Do you know the
answers to these 114 questions that will
define your new company and your future?
by Robert Lee Goodman, MBA and CEO of
Start Up
Company University
If you are starting a company, are you
REALLY ready to get
started? Are you REALLY ready to develop a
fully defined
business plan? Are you REALLY ready to pull the trigger
and start spending money, hiring people and REALLY invest your
time,
energy and emotion in your vision for the next several years of YOUR life?
Worried that you don't have the
diverse background to understand
ALL the various critical components of forming, starting,
funding and operating your new company? Concerned that you will
be embarrassed by not knowing the answers to the questions that venture
capitalists, angel investors and bankers may ask you when you
pitch your deal?
Starting a new company can
often seem overwhelming. It's like putting all the pieces
together for a 10,000 piece jigsaw puzzle - without seeing the
box top! Think how much easier it would be to have someone
help you - someone who has seen that box top.
Start Up Company Workshop is
specifically designed to help you identify all the unique pieces
for your new company - and show you the fastest and easiest way
to get the big picture -and then break down all the action item
pieces you will need to assemble the components into your vision
for your new company.
Take a look at the below questions that I cover with my Start
Up Company Workshop clients. Each of these questions is
like a puzzle piece. If you don't know the answers to some
of these, you will have a hard time ever completing the puzzle. If you already know the answers to
all or even most of these, then you probably are ready to
generate a meaningful business plan for realistic
implementation. And, you may even be ready to own and operate
your own company.
Let's find out.
The
Workshop Questions - A Pop Quiz for the Start Up CEO
The Start Up Company Workshop includes my individually
consulting with you about YOUR company with the goal of us fully
defining your vision - so that we can develop and refine your
glimmers into a genuinely implementable plan of action with
specific strategies and tactics. To help meet that
goal as comprehensively as possible, the Workshop includes us
working together to answer as much as we can on all the following applicable
areas for your company:
- Are your personal and new business goals REALLY
congruent? Let's make sure before you make a major
investment of your time, energy, focus and money.
- What are the basic concepts of your company – from
glimmer to goals?
- What are your ideal yet realistic major objectives for
the company after you are in business for five year? What do
you want MOST to have accomplished after five years?
- What are the company keys – for success, risk,
business challenges, market differentiation and technology
factors?
- What ARE you selling? Products, services, both?
Now? Five years from now? Are they REALLY the
best
right here, right now, products or services for you to start
with? How soon can you earn a
dollar?
- What are your strategic and tactical foci for your
marketing and sales:
- What is YOUR calculated cost of acquisition for each
of your typical customers?
- Have you established an affordable marketing and
advertising campaign within your budget constraints that
matches your customer acquisition costs?
- What are your SWOT?
- Who are your competitors? (If your answer is "none",
you are NOT ready!)
- What is your value proposition? Ignoring motherhood
words, why WILL customers buy from you instead of their
alternatives?
- What are your sales channels? Who will close each
sale? How will you motivate and compensate your sales
force?
- What are your strategies regarding ad agencies /
creative content / advertising budget issues and costs –
how will you REALLY rise above the noise level? Are you
sure you don’t need this? Are you sure your budget
is right?
- What are your best strategies and tactics for
attacking the market and generating both fast sales and
reaching positive cash flow?
- What are your forecasts for the products and
services that will be sold? How many of each will be
sold during each month for the first two years and
yearly for the next 3 years?
- What are your target price points and why? Are you
too cheap? Are you too expensive? Are you sure?
- What are your cost of goods? Are there better
alternatives?
- What is the most likely ramp up for sales of each
product and service?
- What are your constraints to growth?
- Personnel?
Capital?
- Product and service diversification?
- Market demand?
- Sales channels?
- What would you do
differently if you had $1 million more than you think you
need? $5 million?
- What would it take to increase
your Year 5 revenues by a factor of 10? Are you sure?
- Do you know your W3 – Who? is going to do
What? When?
- Do you have the right Who?
- Do you have a definite list of all the What?
- Does the When match the timeline you need to capitalize
on your ideas and the marketplace?
- Have you developed a realistic organizational structure?
- Will it support your sales forecast?
- Have you established job definitions and salary
requirements for every position?
- Are YOU the ideal CEO for your own company? Now? In
five years?
- How much are you going to pay YOU? Are you
sure?
- Have you laid out a K&T Chart mapping the
credentials, experience and capabilities of the ideal
candidate for each key position?
- Do you have a realistic timeline for hiring each
person? This includes hiring them at the right time so
you don't waste payroll - and properly reflecting the
time required to interview, decide, offer, negotiate,
hire and have them actually start working and being
productive for you.
- Have your capital needs and cash flow calculations
taken into account all the hiring costs associated with
using headhunters, Monster.com, etc.?
- What, exactly, have you decided to do about stock
options, founder’s equity, bonus pools and other
incentives for key personnel?
- Who will serve on your board of directors / board of
advisors? Have you taken into account all the
issues? Who are your candidates? What is their
compensation?
- Have you fully defined realistic operating costs?
- Do they reflect the direct and indirect implications
of both the sales forecast and the organizational
structure?
- What kind of facilities will be required for the
number of people working for the company? How many sq.
ft. of space are required for offices? For
warehousing? What rent per sq. ft.? What are the costs
for utilities? Taxes? Insurance? How does all this
change over the next five years?
- Is your production internal or outsourced?
- How much capital will be consumed by inventory?
- What systems and procedures will be needed?
- What are the detailed steps required for
fulfillment?
- Have you taken all three dozen kinds of typical operating
costs into account? (MAJOR risk factors if you overlook
the wrong costs.)
- What are the industry-specific and company-specific
operating costs you have beyond the usual three dozen
line items?
- What are your start up capital requirements?
- What will you have in start up costs – what dollars
will you need to be spent in the first 30 days after
kick off if you are going to do it “the right way?”
- How much money will you need for everything? Are you
sure? Do you know how much will be left in the
bank account when you start generating positive monthly
cash flow? What will you do if you start to run out of
money to pay the bills?
- How much reserves do you want to add to what you THINK you
need for start up capital? How much do you need
for reserves for you to be able to sleep at night since
you KNOW that it ALWAYS takes longer and ALWAYS costs
more?
- What is your fundraising strategy?
- Equity or debt or self-funded?
- If equity, what structure? What will you give up?
What kind of ROI will your investors enjoy if everything
goes right? Are you sure
it’s enough? Are you giving away too little or too
much? What happens if everything does NOT go
right?
- Do you fully understanding the laws regarding
fundraising? Do you know the constraints of state and
federal securities laws and the VERY onerous penalties
for even a slight technical violation?
- Investors – do you know how to find them? How
to motivate them to write the check? What kind of
communications you need to send them? What about their rights
and your obligations?
- Do you know the "deviled details" involved in raising
the money?
- Do you know how to start legal / stay legal?
- What is your exit strategy? What if your investors
want a different strategy?
- What will your company be worth in five years?
- What are your major milestones for the next five years –
to get from where you are now to where you want to be?
Will those milestones accomplish all the five year
objectives you established?
- Does your business model REALLY make sense - for you,
for your family. for your team, for your investors?
Is the risk / reward ratio good enough for YOU to adequately
receive the ROI YOU deserve for all the investment of time,
energy, money and life it will take to get you there?
If you haven't started or run a company, or run very many
companies, you might not know the answers to these kinds of
questions - or knew some of the questions even existed.
Don't feel badly about it. We all have our own areas of
expertise that we've developed over the years of our own
personal history. For me, these ARE the kind of questions
that I've spent the last three decades answering. And where I
fought many of the major dragon battles - when I hadn't known
the answers!
Don't go it alone. Benefit from my experience answering this
same multitude of questions, and slaying these dragons, for my
own companies and for 2,000 other companies and their CEOs.
Do you really want to face ALL those dragons by yourself?
Whether you are a single person running your own dot com out
of your bedroom - or have plans for multiple branch offices in
multiple countries employing hundreds of people, you NEED to
know the answers to the above questions - and you should know
them before you even start. If you have already started,
then get the answers to all the above BEFORE you get blindsided
by the lethal dragons that WILL come from having no answers.
Sign up ASAP for The Start Up Company Workshop.
What's Included in The Start Up Company Workshop
It's one thing to read the above questions - but the real
POWER of the Start Up Company Workshop is that, together, WE
brainstorm each of these issues and MORE - and discuss how each
question REALLY relates to YOUR company, YOUR future, YOUR
specific dragons. This is where YOU will personally benefit from
my three decades of experience gained from working one on one
with thousands of companies and their CEOs.
The Start Up Company Workshop includes:
- 12 hours of
individual telephone consulting
with Robert Lee Goodman - focused on all of the above kinds of issues
that are applicable for YOUR company. I do not delegate
this. You benefit directly from my experience.
- Sessions will be for a single 2 hour teleconference each
week for 6 weeks.
- All telephone consulting sessions will be via a
teleconference bridge line so you can include up to five
people on the phone call. Optionally, and at no extra
charge, we can also include a webcast of our discussions and
brainstorming with up to 10 additional participants. Since
we will be discussing critically confidential plans for YOUR
business, only those invited by you will be able to join the
call or webcast. Our teleconferencing can be just you - or
others in your family or others on your team that you want
to have participate. That way, you can benefit from the joint
collaboration of your other trusted advisors. Both the
teleconference bridge and the webcast are pass code
protected. However, if you prefer even tighter security, we
can forego the webcast. If you prefer even more security, we
can have a standard two way phone call without the
teleconferencing bridge. It is strictly your decision.
My only requirement is that only those directly associated
with your own company participate.
- All six telephone consulting sessions will be
recorded
in MP3 audio format so that you have all the calls in an
easy-to-download format. Play back our sessions as often as
you want on your computer or iPod. These recordings are
strictly confidential and they will not be shared with
others by Ceo Resource. Again, my only requirement is that
only those directly associated with your own company receive
the audio files.
- Formatted transcripts of each recorded session are
available as Word documents as an option for $200 per hour
of audio. Having the transcripts of our discussions makes it easy to add
narrative to your financial projections to end up with a
comprehensive business plan.
- Financial Projections for YOUR company with up to three
drafts - Twenty plus pages that include five years of
detailed financial projections, with tables and charts, in
both Microsoft Word and Excel spreadsheet formats.
Projections include: Start up capital requirements,
revenue forecasts, profit and loss, break-even analysis,
cash flow, balance sheet, ratio analysis and
future
valuation analysis. I normally charge $800 for these same
projections but they are included FREE with your Start Up
Company Workshop. These projections will be for YOUR company
based on what we cover in the Workshop.
- Special Bonus - for no
extra charge:
The Business Plan
Documents Audio Course
If all you want to
currently focus on is your business plan, then this is
the package for you.
The Business Plan
Documents Audio Course, part of the Funding Foreplay
Series of course, includes the business plan
document and Modules 1, 4a and 4b of the audio training.
It also includes the Business Plan Planning Worksheet
with its 150 questions to guide you in developing the
detailed answers you will need for a meaningful,
implementable business plan. It also includes the
Financial Assumptions Worksheet that will help you
develop a realistic business model that will help you account
for cash flow projections and how much capital you will
need to start your new company.

The Business Plan
Documents Audio Course normally sells for $497.
But you get it absolutely free when you subscribe to the
Start Up Company Workshop. And, since everything
is 100% digital delivery, you can have them all in your
hands in the next ten minutes, depending on your
Internet speed.
The
Power of Our Brainstorming
The brainstorming between us about YOUR company is the
magic ingredient here that you can't
get from a book...or even briefly reading through the list. It comes for us, together,
brainstorming
about YOUR specific business...YOUR specific market niche...YOUR
specific dragons that will try to stand in the way of YOUR
success....and the detailed strategic and tactical decisions you
will make about YOUR company based on the results of The Start
Up Company Workshop.
Here's What Else You Will Be Getting
Epiphanies.
My goal
with everything I offer, everything I do, with Start Up
Company University and Start Up Company Workshop is to give you
what I call Epiphanies for Implementation. Just one
epiphany, just one insight, just one single idea, just
one “Ah ha…” can be worth thousands, tens of thousand,
hundreds of thousands of dollars for you and your new
company.
-
These
can be offensive epiphanies such as increasing
revenues or new product ideas…or finding your
funding even quicker.
-
These
can be defensive epiphanies such as cheaper cost of
goods, lower expenses from operations, slaying start
up company dragons, avoiding securities law
violation and jail time.
Look for
those epiphanies in everything you do, in all the
training you take, all the consulting you use – whether
with me or with someone else. It is the power of these
incremental epiphanies that make continuing education
like this course so helpful – especially for those
students, those mentees, who pay close attention and are
constantly thinking, “How can I use any part of this
specific part to improve or
accelerate what I am doing?
How can I use it to keep from making an expensive or
critical mistake?”
Usually,
you will find a lot more than just one epiphany –
especially in a course like this – if you can
simultaneously listen and participate both convergently
AND divergently.
-
Divergently – consider any and all ways an idea or
thought might expand the scope of what you currently
thinking.
-
Convergently – consider any and all ways an idea or
thought might tightly apply to what you are already
doing and planning, to make it better, faster or
more profitable.
My goal
with Funding Foreplay, with my Start Up Mentoring &
Consulting, with my Start Up Company Workshop…is to
generate as many epiphanies as I can for every client.
But, as I said, it requires your divergent and
convergent participation!
My
intuition is that you will see overwhelming benefits
from all that you learn, and all the epiphanies you
gain, from the Start Up Company Workshop….total benefits, when you
add them all up, that are worth MANY times the amount
you invested in the tuition for this course.
My hope is
that all of these benefits will give you a GREAT ROI on
your investment…. and the ideas and documents here
GREATLY increase your probability of not only surviving
- but thriving with your new company!
Tuition
- Standard Service: The investment
and tuition for this
12 hour, six week strategic and tactical Start Up Company
Workshop
for your new company is only $4,600. Click
reserve your
space now -
and make your new company, and the vision you have for
it and your future, a reality.
- Priority Service: You can expedite your planning with Priority Service –
For Priority Service, we will invest two hour sessions twice per week to get it done in only 3 weeks.
The investment and tuition for this Priority Service
is only $9,200.
*
- Top Priority Service: If your timeline is critical, you can REALLY expedite
your planning with Top Priority Service – Get it all done in
one week! Intensive three hour sessions over four days - all in one
week. The investment and tuition for Top Priority Service is only
$13,800. *
- On Site Service - Get it
all done in two days at your location! We will invest
together, a highly focused, intense two days of personal one
on one face time AT YOUR LOCATION that will be dedicated to
answering the Workshop's questions for your company's
strategy and tactics. The investment and tuition for this on site
mentoring is $21,400 for continental USA locations and
$39,250 for international locations, with either plus first
class travel costs.
*
- Included FREE with ALL Service
Levels - Audio MP3s of all 12 hours of our telephone
sessions plus over 20 pages of five years of financial projections
for YOUR company are
included for FREE. Plus, you get the $497 Business
Plan Documents Audio Course for no extra cost and the $800
Five Year Financial Projections for your company - a total
of $1,297 in free bonuses.
- Optional - Follow on mentoring after 12
hours, if requested, will be available at my standard, priority or top priority billing rates, depending on your needs.
Note:
*
There are a VERY limited number of slots available for
this kind of individualized service and slots may or may not be
currently available. If you would like to benefit from this
unique and valuable service, please email me now by clicking
Start Up Company Workshop to let me know your needs and timetable
and I will respond with my availability.
Get Started With Start Up Company Workshop - Right
Here - Right Now
You can
almost taste what it will be like to finally have your
own company - and what it will mean to you and your own
future - when your company not only survives but
thrives
with success.
So, what
does it take to get your new company started and to make
it a success?
THAT’S the
purpose of the Start Up Company Workshop – to give you the
insights to design your own business model, your
business plan, your own future - so all of it matches
what you want your typical day in your life to be
- five years from
today.
Finally!
You have a totally unique, one-of-a-kind
solution to
knowing what it takes for you to start your company and
really be ready for success.
Don't miss out
on this great offer. Click
reserve your
space now -
don't let your new company vision slip between your
fingers and become another unfulfilled dream.
Click
reserve your
space now -
and make your new company, and the vision you have for
it and your future, a reality.
Wishing
you stellar success for your start up company,

Robert Lee
Goodman, MBA
Ceo & Chief Dragon Slayer
www.StartUpCompanyUniversity.com
PS: As you
can see, the Start Up Company Workshop is a
one-of-a-kind
course that covers everything you need for your new
company to properly plan for success. Click
reserve your
space now.
PPS: Need a
more affordable approach to starting your company and finding
investor funding? Then, check out four module,
The Funding Foreplay Audio
Course - with over five hours of audio.
PPPS:
Don't need to go all the way? Just want the Business
Plan Documents Audio Course that is included free with
Start Up Company Workshop? Then, check out our
a la carte page
for subset courses to the full version of Funding
Foreplay - and other special offers.
PPPPS:
Want to taste test the $97 Module 1 Audio from Funding
Foreplay for free? Click
Module 1 Audio Taste Test to get the coupon code. |