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	<title>Comments on: Are Business Plans Still Necessary?</title>
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	<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/</link>
	<description>Entrepreneur turned VC</description>
	<lastBuildDate>Wed, 10 Mar 2010 22:23:06 -0600</lastBuildDate>
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		<title>By: Notes: Webinar &#8220;Money, Marketing, Management&#8221; da Hubspot &#187; Manual da Startup</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-2/#comment-4856</link>
		<dc:creator>Notes: Webinar &#8220;Money, Marketing, Management&#8221; da Hubspot &#187; Manual da Startup</dc:creator>
		<pubDate>Thu, 04 Mar 2010 13:56:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-4856</guid>
		<description>[...] (mais referências: Jason Cohen em porque não escrever Plano de Negócios, dicas do Guy Kawasaki sobre pitch e sobre sumário executivo, e porque Mark Suster acha importante ter uma projeção financeira detalhada de três anos) [...]</description>
		<content:encoded><![CDATA[<p>[...] (mais referências: Jason Cohen em porque não escrever Plano de Negócios, dicas do Guy Kawasaki sobre pitch e sobre sumário executivo, e porque Mark Suster acha importante ter uma projeção financeira detalhada de três anos) [...]</p>
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		<title>By: Keeping It Simple: Unit Economics — giffconstable.com</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-2/#comment-4408</link>
		<dc:creator>Keeping It Simple: Unit Economics — giffconstable.com</dc:creator>
		<pubDate>Mon, 22 Feb 2010 04:41:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-4408</guid>
		<description>[...] Mark Suster, Are Business Plans Still Necessary [...]</description>
		<content:encoded><![CDATA[<p>[...] Mark Suster, Are Business Plans Still Necessary [...]</p>
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		<title>By: What Makes an Entrepreneur (3/10) – Ability to Pivot &#124; CloudAve</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-2/#comment-2603</link>
		<dc:creator>What Makes an Entrepreneur (3/10) – Ability to Pivot &#124; CloudAve</dc:creator>
		<pubDate>Fri, 18 Dec 2009 00:53:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-2603</guid>
		<description>[...] that I’m personally not that anal about your financial model.&#160; I’ve stated publicly that you MUST have a financial model because it serves as your ongoing compass and strategy but it will change on a regular basis during [...]</description>
		<content:encoded><![CDATA[<p>[...] that I’m personally not that anal about your financial model.&nbsp; I’ve stated publicly that you MUST have a financial model because it serves as your ongoing compass and strategy but it will change on a regular basis during [...]</p>
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		<title>By: What Makes an Entrepreneur (3/10) &#8211; Ability to Pivot</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-2/#comment-2590</link>
		<dc:creator>What Makes an Entrepreneur (3/10) &#8211; Ability to Pivot</dc:creator>
		<pubDate>Thu, 17 Dec 2009 18:29:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-2590</guid>
		<description>[...] I&#8217;m personally not that anal about your financial model.  I&#8217;ve stated publicly that you MUST have a financial model because it serves as your ongoing compass and strategy but it will change on a regular basis during [...]</description>
		<content:encoded><![CDATA[<p>[...] I&#8217;m personally not that anal about your financial model.  I&#8217;ve stated publicly that you MUST have a financial model because it serves as your ongoing compass and strategy but it will change on a regular basis during [...]</p>
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		<title>By: Wordpreneur Reading List 12-01-09 &#124; Wordpreneur.com</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-2/#comment-2150</link>
		<dc:creator>Wordpreneur Reading List 12-01-09 &#124; Wordpreneur.com</dc:creator>
		<pubDate>Wed, 02 Dec 2009 03:14:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-2150</guid>
		<description>[...] Are Business Plans Still Necessary? [Both Sides of the table] [...]</description>
		<content:encoded><![CDATA[<p>[...] Are Business Plans Still Necessary? [Both Sides of the table] [...]</p>
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		<title>By: Are Business Plans Still Necessary?</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-2/#comment-2033</link>
		<dc:creator>Are Business Plans Still Necessary?</dc:creator>
		<pubDate>Thu, 26 Nov 2009 00:52:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-2033</guid>
		<description>[...] Both Sides of The Table [...]</description>
		<content:encoded><![CDATA[<p>[...] Both Sides of The Table [...]</p>
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		<title>By: Anders Sundelin</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-2/#comment-1804</link>
		<dc:creator>Anders Sundelin</dc:creator>
		<pubDate>Fri, 13 Nov 2009 19:16:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-1804</guid>
		<description>Financial models are always wrong; but it forces the business model designer to identify key variables, make and verify important assumptions, test for different scenarios and by that understand the complexities of the business model and how different attributes and factors relate to each other. It&#039;s an important iterative process to design the business model, do the financial modelling, and improve the business model based on the results.</description>
		<content:encoded><![CDATA[<p>Financial models are always wrong; but it forces the business model designer to identify key variables, make and verify important assumptions, test for different scenarios and by that understand the complexities of the business model and how different attributes and factors relate to each other. It&#39;s an important iterative process to design the business model, do the financial modelling, and improve the business model based on the results.</p>
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		<title>By: From Zazzing Your Product Design to Business Plan &#34;YES!&#34; &#171; The Product Guy</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-2/#comment-1668</link>
		<dc:creator>From Zazzing Your Product Design to Business Plan &#34;YES!&#34; &#171; The Product Guy</dc:creator>
		<pubDate>Fri, 06 Nov 2009 18:33:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-1668</guid>
		<description>[...] http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/ Are business plans still necessary? The Product Guy says, &quot;YES!&quot; [...]</description>
		<content:encoded><![CDATA[<p>[...] <a href="http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/" rel="nofollow">http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/</a> Are business plans still necessary? The Product Guy says, &quot;YES!&quot; [...]</p>
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		<title>By: msuster</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-1/#comment-1666</link>
		<dc:creator>msuster</dc:creator>
		<pubDate>Fri, 06 Nov 2009 17:12:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-1666</guid>
		<description>In my view the first meeting should have projections at a high-level pasted from Excel into PowerPoint.  If the investor wants to engage more deeply and the feeling is mutual you can then send a spreadsheet.</description>
		<content:encoded><![CDATA[<p>In my view the first meeting should have projections at a high-level pasted from Excel into PowerPoint.  If the investor wants to engage more deeply and the feeling is mutual you can then send a spreadsheet.</p>
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		<title>By: christopherberry</title>
		<link>http://www.bothsidesofthetable.com/2009/11/03/are-business-plans-still-necessary/comment-page-1/#comment-1647</link>
		<dc:creator>christopherberry</dc:creator>
		<pubDate>Fri, 06 Nov 2009 10:08:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.bothsidesofthetable.com/?p=1346#comment-1647</guid>
		<description>Interesting post.  At what point does a VC/Angel expect to see the financial plan and in what detail?  And at what point should an enterpreneur show this to them, and in what detail?&lt;br&gt;&lt;br&gt;eg do you send through the excel, or just take output from the model and put it into the powerpoint?  And if you do send through the excel, do you do this with the first send-through of the powerpoint, (eg pre-meeting) or a only after the investor has taken some interest/after a first meeting?</description>
		<content:encoded><![CDATA[<p>Interesting post.  At what point does a VC/Angel expect to see the financial plan and in what detail?  And at what point should an enterpreneur show this to them, and in what detail?</p>
<p>eg do you send through the excel, or just take output from the model and put it into the powerpoint?  And if you do send through the excel, do you do this with the first send-through of the powerpoint, (eg pre-meeting) or a only after the investor has taken some interest/after a first meeting?</p>
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