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Begin	
  with	
  the	
  end	
  in	
  mind	
  


AREA	
            30	
                            60	
                                          90	
             FUNDABLE	
  
                                                                                                                 MILESTONES	
  
Technology	
                                                                                                     Scalable	
  
                                                                                                                 product	
  
Customers	
                                                                                                      3	
  referencable	
  
                                                                                                                 customers	
  
Financials	
                                                                                                     $100k	
  in	
  
                                                                                                                 revenue	
  
Team	
                                                                                                           CTO	
  hired	
  




Page	
  1	
                ©	
  2012	
  Society	
  of	
  Kauffman	
  Fellows.	
  All	
  rights	
  reserved.	
  
IdenIfy	
  short	
  term	
  goals	
  


AREA	
           30	
                                  60	
                                          90	
                   FUNDABLE	
  
                                                                                                                            MILESTONES	
  
Technology	
     Beta	
  launch	
                      Beta	
  V2	
                                  Beta	
  V3	
           Scalable	
  
                                                       Product	
                                                            product	
  
                                                       roadmap	
  
Customers	
      20	
  customer	
                      4	
  pilot	
                                  2	
  pilot	
           3	
  referencable	
  
                 calls	
                               prospects	
                                   proposals	
            customers	
  
Financials	
     1st	
  close	
  seed	
                Final	
  close	
  seed	
   Financial	
  plan	
                       $100k	
  in	
  
                 round	
                               round	
                    complete	
                                revenue	
  
Team	
           CTO	
  job	
  spec	
                  CTO	
  job	
                                  Interview	
  CTO	
     CTO	
  hired	
  
                                                       posIngs	
                                     candidates	
  



Page	
  2	
                     ©	
  2012	
  Society	
  of	
  Kauffman	
  Fellows.	
  All	
  rights	
  reserved.	
  
Assign	
  responsibiliIes	
  


AREA	
                       30	
                                  60	
                                          90	
                   FUNDABLE	
  
                                                                                                                                        MILESTONES	
  
Technology	
  -­‐	
          Beta	
  launch	
                      Beta	
  V2	
                                  Beta	
  V3	
           Scalable	
  
Paul	
                                                             Product	
                                                            product	
  
                                                                   roadmap	
  
Customers	
  -­‐	
           20	
  customer	
                      4	
  pilot	
                                  2	
  pilot	
           3	
  referencable	
  
Owen	
                       calls	
                               prospects	
                                   proposals	
            customers	
  
Financials	
  -­‐	
          1st	
  close	
  seed	
                Final	
  close	
  seed	
   Financial	
  plan	
                       $100k	
  in	
  
Beth	
                       round	
                               round	
                    complete	
                                revenue	
  
Team	
  -­‐	
  Jessica	
     CTO	
  job	
  spec	
                  CTO	
  job	
                                  Interview	
  CTO	
     CTO	
  hired	
  
                                                                   posIngs	
                                     candidates	
  



Page	
  3	
                                 ©	
  2012	
  Society	
  of	
  Kauffman	
  Fellows.	
  All	
  rights	
  reserved.	
  
Update	
  regularly	
  


AREA	
                       30	
                                60	
                                          90	
                   FUNDABLE	
  
                                                                                                                                      MILESTONES	
  
Technology	
  -­‐	
          ✓Beta	
  launch	
                   Beta	
  V2	
                                  Beta	
  V3	
           Scalable	
  
Paul	
                                                           Product	
                                                            product	
  
                                                                 roadmap	
  
Customers	
  -­‐	
           20	
  customer	
                    4	
  pilot	
                                  2	
  pilot	
           3	
  referencable	
  
Owen	
                       calls	
                             prospects	
                                   proposals	
            customers	
  
Financials	
  -­‐	
          ✓1st	
  close	
  seed	
   Final	
  close	
  seed	
   Financial	
  plan	
                                 $100k	
  in	
  
Beth	
                       round	
                   round	
                    complete	
                                          revenue	
  
Team	
  -­‐	
  Jessica	
     ✓CTO	
  job	
  spec	
   CTO	
  job	
                                              Interview	
  CTO	
     CTO	
  hired	
  
                                                     posIngs	
                                                 candidates	
  



Page	
  4	
                               ©	
  2012	
  Society	
  of	
  Kauffman	
  Fellows.	
  All	
  rights	
  reserved.	
  

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30_ 60_ 90_ Plan for Start-Ups

  • 1. Begin  with  the  end  in  mind   AREA   30   60   90   FUNDABLE   MILESTONES   Technology   Scalable   product   Customers   3  referencable   customers   Financials   $100k  in   revenue   Team   CTO  hired   Page  1   ©  2012  Society  of  Kauffman  Fellows.  All  rights  reserved.  
  • 2. IdenIfy  short  term  goals   AREA   30   60   90   FUNDABLE   MILESTONES   Technology   Beta  launch   Beta  V2   Beta  V3   Scalable   Product   product   roadmap   Customers   20  customer   4  pilot   2  pilot   3  referencable   calls   prospects   proposals   customers   Financials   1st  close  seed   Final  close  seed   Financial  plan   $100k  in   round   round   complete   revenue   Team   CTO  job  spec   CTO  job   Interview  CTO   CTO  hired   posIngs   candidates   Page  2   ©  2012  Society  of  Kauffman  Fellows.  All  rights  reserved.  
  • 3. Assign  responsibiliIes   AREA   30   60   90   FUNDABLE   MILESTONES   Technology  -­‐   Beta  launch   Beta  V2   Beta  V3   Scalable   Paul   Product   product   roadmap   Customers  -­‐   20  customer   4  pilot   2  pilot   3  referencable   Owen   calls   prospects   proposals   customers   Financials  -­‐   1st  close  seed   Final  close  seed   Financial  plan   $100k  in   Beth   round   round   complete   revenue   Team  -­‐  Jessica   CTO  job  spec   CTO  job   Interview  CTO   CTO  hired   posIngs   candidates   Page  3   ©  2012  Society  of  Kauffman  Fellows.  All  rights  reserved.  
  • 4. Update  regularly   AREA   30   60   90   FUNDABLE   MILESTONES   Technology  -­‐   ✓Beta  launch   Beta  V2   Beta  V3   Scalable   Paul   Product   product   roadmap   Customers  -­‐   20  customer   4  pilot   2  pilot   3  referencable   Owen   calls   prospects   proposals   customers   Financials  -­‐   ✓1st  close  seed   Final  close  seed   Financial  plan   $100k  in   Beth   round   round   complete   revenue   Team  -­‐  Jessica   ✓CTO  job  spec   CTO  job   Interview  CTO   CTO  hired   posIngs   candidates   Page  4   ©  2012  Society  of  Kauffman  Fellows.  All  rights  reserved.