Free Tools

management tools for foundersFree Tools: Almost every new venture founder gets to a point of near overwhelm, or thinks, ‘I don’t know what to do’. I have found that there are three ways to confront the situation:

  1. try describing the situation in a different way—easy to say though hard to do;
  2. put yourself in a different circumstance—so you can avoid your present conviction;
  3. think about what information can help you decide—be really critical of yourself.

In the image on the right, what do you see—the young or the old woman?

There is help at hand. There are many simple management tools for founders that you can use to facilitate both understanding and decision making—on setting strategy and monitoring performance. I suggest you take a look at them all to get an overview. Then when you face something tricky you will probably remember one of them that you can put to use.

The reasons for using these tools are many but include:

  • uncertainty about what to do next, or what priorities to set;
  • you want buy-in from the team;
  • you want to tap into the knowledge, skills or experience of others;
  • if the issue is complex and you need to put some shape into thinking or data.

You will probably find, as I have done over the years, that you will use more than one tool to deal with a single issue. Don’t be afraid to mix and match.

Some of the many management tools for founders in the list below are in the public domain and others I have created myself, based on long and painful experience.

Click below on the Tool category you want to visit

PLANNING

ANALYZING

DECIDING

IMPLEMENTING

 

Planning

Startup Registration Decision Making Table to Decide the Right Legal Form for Your Venture

Startup Registration Decision Making Table to Decide the Right Legal Form for Your Venture

Startup Registration: As soon as your startup is ready to go, you will need to register the business legally. The...
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Make Meaning Method How to Determine Meaning for Startup

Make Meaning Method How to Determine Meaning for Startup

Make the meaning obvious Make Meaning Method: A way to help founders go beyond establishing business purpose, to make meaning through...
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Stakeholder Strategy Evaluation Tool Facilitate a Challenging Planning Process

Stakeholder Strategy Evaluation Tool Facilitate a Challenging Planning Process

The Stakeholder Strategy Evaluation Tool facilitates the challenging planning process for purpose-driven startups and entrepreneurs who want their new ventures to contribute...
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Startup Statements of Intent A Formal Means of Defining and Committing to the Purpose of the New Venture

Startup Statements of Intent A Formal Means of Defining and Committing to the Purpose of the New Venture

Startup statements of intent have a critical role to play if your new venture has a strong social purpose and...
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Strategy Map Diagram to Show Organizational Strategy on One Page

Strategy Map Diagram to Show Organizational Strategy on One Page

Strategy Map: This is one of the more complex tools I offer, but nonetheless effective. If well done, it can...
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SOAR Analysis Strategize by Naming Strengths, Opportunities, Aspirations, and Results

SOAR Analysis Strategize by Naming Strengths, Opportunities, Aspirations, and Results

SOAR Analysis much resembles a SWOT Analysis. A SOAR Analysis is a tool to improve the strategic planning process and...
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McKinsey 7-S Framework A Visual Means of Considering All Strategy Components

McKinsey 7-S Framework A Visual Means of Considering All Strategy Components

McKinsey 7-S Framework was the outcome of much earlier work, but was crystallized by Bob Waterman and Tom Peters in...
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Business Plan Outline Table of Contents for a Business Plan, with Proportionate Space for Each Chapter

Business Plan Outline Table of Contents for a Business Plan, with Proportionate Space for Each Chapter

Classic business plan: Sun Microsystems—the first few words say it all. Business Plan Outline: This is a business plan outline...
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Business Model Planner Simple Means to Define Characteristics for All the Criteria of the Plan

Business Model Planner Simple Means to Define Characteristics for All the Criteria of the Plan

Business Model Planner: Here is a tool to help you create an effective business model (the way in which revenue...
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Business Model Canvas One-page Way to Design, Describe, Challenge or Pivot a Business Model

Business Model Canvas One-page Way to Design, Describe, Challenge or Pivot a Business Model

The Business Model Canvas is now perhaps the most widely used tool to help entrepreneurs and managers both in the...
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Analyzing

PEST Analysis Means to identify Political, Economic, Social & Technological factors

PEST Analysis Means to identify Political, Economic, Social & Technological factors

PEST Analysis: involves the analysis of four external factors that may impact your business: Political, Economic, Social and Technological. It...
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Founders Affinity Diagram Grouping Seemingly Different Things to Tackle Issues

Founders Affinity Diagram Grouping Seemingly Different Things to Tackle Issues

Founders Affinity Diagram: All entrepreneurs that I know are messy thinkers—for good reason. Things happen and you want to act...
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Variance Analysis Identify Reasons for Differences Between Expected and Actual Amounts

Variance Analysis Identify Reasons for Differences Between Expected and Actual Amounts

Variance Analysis: The monthly activity of comparing either/both of forecast/budget numbers with actual out-turn proved for me to be a...
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Value Proposition Matrix Test All the Components of the Value Proposition Across the Whole Value Chain

Value Proposition Matrix Test All the Components of the Value Proposition Across the Whole Value Chain

Value Proposition summarizes the reason to buy a product/service, convincing a prospective customer that it will add more value or...
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SWOT Analysis A Grid to Log Strengths, Weaknesses, Opportunities, and Threats

SWOT Analysis A Grid to Log Strengths, Weaknesses, Opportunities, and Threats

SWOT Analysis: the initials stand for Strengths, Weaknesses, Opportunities and Threats and provides a simple, but effective means of considering...
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Key Performance Indicators Metrics to Connect Strategy and Outcomes

Key Performance Indicators Metrics to Connect Strategy and Outcomes

Key Performance Indicators (KPIs) are metrics that will measure outcomes against strategies set at the level of the whole venture,...
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Customer Lifetime Model Ensure High Customer Value and Low Customer Acquisition Costs Over Time

Customer Lifetime Model Ensure High Customer Value and Low Customer Acquisition Costs Over Time

Customer Lifetime Model: Here is a graphic way that will help you relate the cost of customer acquisition and support...
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Critical Success  Factors Benchmarks for Essential Actions to Achieve Purpose of Objectives

Critical Success Factors Benchmarks for Essential Actions to Achieve Purpose of Objectives

Critical Success Factors: You want to succeed, obviously, but as I remember it, the determination of what things are the...
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Deciding

Marketing for Purpose and Profit Purpose-driven startups marketing for superordinate goals

Marketing for Purpose and Profit Purpose-driven startups marketing for superordinate goals

Marketing for Purpose and Profit: Most startups focus their marketing plans on survival and growth—for good reason. Founders believe passionately...
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New Business Normal Ventures Will Mutate

New Business Normal Ventures Will Mutate

New Business Normal: For health reasons, most non-essential businesses closed in order to diminish the spread of Covid-19, often at...
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Purpose and Profit Framework Essentials for Sustainable Startup

Purpose and Profit Framework Essentials for Sustainable Startup

Purpose and Profit Framework: Today, it is finally safe to say that collective business wisdom accords purpose and profit virtually...
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Effective Startup Learning Double Loop Learning: Things Right or Right Things—Get it Right Fast

Effective Startup Learning Double Loop Learning: Things Right or Right Things—Get it Right Fast

Effective Startup Learning: new ventures need to learn, and they need to learn fast, or they will fail fast. The...
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Startup Data Reliability Grid Successful Evaluation of Market Data for Strategic Decisions

Startup Data Reliability Grid Successful Evaluation of Market Data for Strategic Decisions

Startup Data Reliability Grid: Good strategic decisions take account of market intelligence and the conclusions we draw from the data....
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Risk Mitigation Tools An Orderly Way to Consider Downside Risks

Risk Mitigation Tools An Orderly Way to Consider Downside Risks

Risk Mitigation Tools: Entrepreneurs that survive tend to be very good at risk mitigation, or considering the downside risks of...
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Mind Mapping Graphic Way to Plot Thoughts On a Theme to Better Understand

Mind Mapping Graphic Way to Plot Thoughts On a Theme to Better Understand

Mind Mapping: A mind map is a diagram used to represent words, ideas, tasks, or other items linked to and...
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Force Field Analysis Plot Those Forces That Restrain, and Others That Drive a Particular Course of Action

Force Field Analysis Plot Those Forces That Restrain, and Others That Drive a Particular Course of Action

Force Field Analysis: Kurt Lewin created a powerful strategic tool used to understand what's needed for change in both business and personal...
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Eisenhower Method  A Way to Distinguish the Important and the Urgent

Eisenhower Method A Way to Distinguish the Important and the Urgent

Eisenhower Method: the method enables you to organize tasks in order to figure out priorities. General Eisenhower is quoted as...
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Customer Profiling Grid Set of Questions to Closely Identify Characteristics and Behaviors of Clients

Customer Profiling Grid Set of Questions to Closely Identify Characteristics and Behaviors of Clients

Customer Profiling: How do you work out who your customers are? Are the important defining characteristics geography, lifestyle, demographics–or what?...
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Brainstorming Disciplined Way to Surface Latent Ideas, Both Significant and Insignificant

Brainstorming Disciplined Way to Surface Latent Ideas, Both Significant and Insignificant

Brainstorming: Brainstorming originated in the world of advertising in the 1940s. Brainstorming is a creativity tool that is very effective...
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Blue Ocean Matrix Four Main Actions to Move Into a Less Contested Space

Blue Ocean Matrix Four Main Actions to Move Into a Less Contested Space

Blue Ocean Matrix: the matrix is a graphic way of expressing Blue Ocean Strategy, which is a marketing theory from...
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Implementing

Breakeven Analysis for Entrepreneurs Calculate Your Startup's Move Into Profit

Breakeven Analysis for Entrepreneurs Calculate Your Startup's Move Into Profit

Breakeven analysis for entrepreneurs sounds very dry and like hard work for the founder who's in love with her idea....
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Sales Funnel Track the Buying Process From First Contact to Closed Sale

Sales Funnel Track the Buying Process From First Contact to Closed Sale

Sales Funnel: simply a way to think about all the steps in the sales process and to be able to...
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Self-Aware Startup Teams Johari Window Helps Founders Develop Greater Self-Awareness

Self-Aware Startup Teams Johari Window Helps Founders Develop Greater Self-Awareness

Self-Aware Startup Teams: The creation and development of a winning team depends on the founder's leadership. The Johari Window is...
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Startup Staffing Grid Means of Specifying Skills, Timing and How to Hire for Each Function

Startup Staffing Grid Means of Specifying Skills, Timing and How to Hire for Each Function

Startup Staffing Grid: How to work out what skills and experience are needed to run your business may seem pretty...
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Startup Milestones and Accountabilities A Tool to Ensure that Plans Are Actually Executed as Intended

Startup Milestones and Accountabilities A Tool to Ensure that Plans Are Actually Executed as Intended

Startup Milestones and Accountabilities: Don't be fooled by the simplistic appearance of the Milestones and Accountabilities Chart below. Setting plans...
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Marketing Strategy Grid Set Marketing Priorities of Product, Place, Price, Promotion vs. What, Why, When & Who

Marketing Strategy Grid Set Marketing Priorities of Product, Place, Price, Promotion vs. What, Why, When & Who

Marketing Strategy Grid: A marketing strategy integrates an organization's marketing goals, policies, and action sequences (tactics) into a cohesive whole....
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Goal Tracking Tool Simple Tabular Way of Setting and Tracking Work and Personal Goals

Goal Tracking Tool Simple Tabular Way of Setting and Tracking Work and Personal Goals

Goal Tracking Tool: Here is a very simple goal tracking tool I devised. You can copy or adapt it for...
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Critical Path Analysis Identifies the Activities Necessary to Complete a Task

Critical Path Analysis Identifies the Activities Necessary to Complete a Task

Critical Path Analysis is an algorithm for scheduling a set of project activities. You will not find the Critical Path Analysis...
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Conscious Competence Matrix The Process of Learning a New Skill or Behavior

Conscious Competence Matrix The Process of Learning a New Skill or Behavior

Conscious Competence Matrix: It is really interesting—and useful—to think about competence. Founders of new ventures do well to think about...
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Support for Entrepreneurs with Disability Entrepreneurship Resources and Special Programs
Corporate Entrepreneurship Justice, Equity, Diversity and Inclusion (JEDI)

Support for Entrepreneurs with Disability Entrepreneurship Resources and Special Programs

Note—You might want to read the page on Startup Business with Disability, before you read this page. Support for Entrepreneurs...
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Corporate Venture Capital Directory—USA Many Corporates Have Venture Capital Arms Investing in Innovations in Their Sector
Sources of Funding Corporate Entrepreneurship

Corporate Venture Capital Directory—USA Many Corporates Have Venture Capital Arms Investing in Innovations in Their Sector

Corporate Venture Capital Directory—USA: The Corporate Venture Capital Directory—USA lists most of the big corporate investors. Corporate Venture Capital (CVC)...
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Startup Exit Strategy Founders Can Plan Their Exit—or Ignore It
Change Direction Transform or Exit Business Plan and Initial Funding Benefit Venture Blog

Startup Exit Strategy Founders Can Plan Their Exit—or Ignore It

Startup Exit Strategy: Founders can plan their exit—or ignore it till it happens and maybe face unexpected challenges. If you...
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Startup Growth On Purpose Right-Size Your New Venture
Business Purpose: Priorities & Models Size and Place Remaking Capitalism—Future Economy Change Direction Benefit Venture Blog

Startup Growth On Purpose Right-Size Your New Venture

Startup Growth on Purpose: Do all entrepreneurs want to grow fast and/or big? The answer is no. There are many...
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Expansion or Extension Stretch a Bit, Strengthen a Lot
Profit or Flourish Change Direction

Expansion or Extension Stretch a Bit, Strengthen a Lot

Expansion or Extension: Management 'specialists' talk about Stretch Goals, or even Big, Hairy, Audacious Goals, or BHAGs. Venture capitalists, with...
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