Posts Tagged ‘Women Entrepreneurs’

KENOVA has just released OPBH (One Page Business Hypothesis) for startups to build a business plan for their new idea or existing businesses to evaluate their business model:

opbh.kenovatech.com

KENOVA has been using a manual version of OPBH for a number of years with amazing success and literally due to public demand it decided to put it on-line on Oct. 6 and released the first version (MVP) Oct. 31. Yes, Halloween…ooooohhhhh.

It’s a free tool, so now you have no excuse to not document your business idea.

It’s currently designed for web desktop computing, but responsiveness for phones and tablets is just a week or two away…the pressure to release was so great we decided not to wait. Having said this, it views quite nicely already on small devices.

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I thought it might be useful and interesting to establish a blog post that tracks and reports on general statistics relating to startups. Thus, this blog post will be a living post with statistics as we come across them:

  1. A successful startup takes 5 years or 20,000 man hours.
  2. 2 out of 1000 startups that get funded reach a market cap of $200mm.
  3. It takes 3 years for a startup to reach a sufficient level of education to achieve success.
  4. Investors estimate 1 in 10 of their portfolio companies will achieve success (known as the Tenfer).

 

(If you have any stats to share, we'd love to add them and give you credit.

 

 

 

"This article may not be reproduced in whole or part without including the name of the author (James Naylor) and an acknowledgement of the fact the article was originally published in Shoestring Advice for Technology Startups (http://www.KENOVATech.com/blog). Any other use of this material is unauthorized and is a violation of law."

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