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Business Plan - Charter
Written by: Brad FeldArticle Overview: Back when I was 21 years old I figured you had to start somewhere. Our business plan started with a “charter statement” which – in hindsight – was roughly equivalent to a vision statement.
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Free Download - Deep Breath By Brad Feld |
Business Plan - Charter
Back when I was 21 years old I figured you had to start somewhere. Our business plan started with a “charter statement” which – in hindsight – was roughly equivalent to a vision statement.
1 CHARTER
Feld Technologies intends to become the industry leader in semi-custom software. It will do this by understanding and addressing all of the components of database application software for small businesses, thus defining the industry.
Feld Technologies is also a vehicle through which to tap the productive abilities of its founders, with the intent of creating a "world" for its employees.
The Company is established for their benefit. The Company will act as a mechanism to leverage the founders intellectual and implementational talents in an attempt to make them authorities in the software industry.
In 1987 the software industry was still pretty young (guess how big Microsoft was – if you don’t know, you’ll find out in the next post in the series. Hint – Lotus was about the same size.) So – it was probably conceivable to us that we could “define the semi-custom software” industry (since it didn’t exist). I remember spending a lot of time trying to figure out a unique label for what we were going to do (we hadn’t thought of Web 2.0 in 1987) and ultimately settled on “semi-custom software.”
We were young and idealistic so we were determined to “create a world for our employees.” While our world ended up being modest (we sold the business when we were 20 people), we did create something that was unique and impactful to the lives of most of our employees (including us). A little idealism never hurts. It’s not quite as pithy and elegant as “don’t be evil” but you get the point.
Read this post in Brad's blog.
Article Tags: authorities, benefit, blog, business plan, charter statement, custom software, database application software, founders, guess, hindsight, industry leader, lotus, microsoft, small businesses, software industry, statement 1, talents, vision statement
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About the Author: Brad Feld RSS for Brad's articles - Visit Brad's website Brad Feld is currently a Managing Director at Mobius Venture Capital and has been with the firm since 1996. Prior to Mobius, Brad founded Feld Technologies, which was sold to AmeriData Technologies in 1993, where he became Chief Technology Officer. Brad currently serves on the boards of a number of private companies, including Atreus, Comergent, ePartners, FeedBurner, Gold Systems, Judy's Book, Klocwork, NewsGator, Quova, Rally Software, and StillSecure. In addition, he is on the board of The National Center for Women & Information Technology, The Community Foundation Serving Boulder County, and The Colorado Conservation Trust. Brad has previously been a member of the board of directors of the Young Entrepreneurs Organization and founded the Boston and Colorado chapters. He holds Bachelor of Science and Master of Science degrees in Management Science from the Massachusetts Institute of Technology. Click here to visit Brad's website Celebrate Your Victories I Blog I Tweet But Why Lets Make Software Patents Defensive Only The Knives Your Sales People Should Have Undergraduate Viewpoints on Social Networks and Music |
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