Remove Advertising Remove Burn Rate Remove Public Relations
article thumbnail

Lean Startups aren't Cheap Startups

Steve Blank

The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship. And most startup code and features end up on the floor as customers never really wanted them.

Lean 263
article thumbnail

Twitter Link Roundup #240 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

What is the Right Burn Rate at a Startup Company? | Why Google’s Reported CPC Declines Can’t Tell The Story Of “A Mobile Advertising Problem” – crowdspring.co/1wkmIU1. Why You Should Find Product-Market Fit Before Sniffing Around For Venture Money | Co.Labs – crowdspring.co/1sRVsv5.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Twitter Link Roundup #238 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Refocusing the Startup Burn Rate Debate | OpenView Blog – crowdspring.co/1n8paLq. Stock option questions startup employees should ask | Business Insider – crowdspring.co/1n8lUje. React – crowdspring.co/1yHa1WB. The Most Innovative Companies Don’t Worry About Consensus | by Maxwell Elliot, HBR – crowdspring.co/Z7pWNt.

article thumbnail

Twitter Link Roundup #247 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Don’t Get Burned by Your Burn Rate – crowdspring.co/159KKrk. When You Give Your Team a Goal, Make It a Range – crowdspring.co/1yINX9Z. 7 Simple Ways to Appreciate your Team (and Boost Performance) – crowdspring.co/1veUNVr. 13 Things Startup Founders Aren’t Thankful For – crowdspring.co/1B6KrdY.

article thumbnail

The Cost Equation for a Startup is Better Than Ever

Startup Professionals Musings

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. No office space rental, no secretary, and no accountant are required. Technology costs.

Cost 255
article thumbnail

You Don’t Need to be Rich to be an Entrepreneur

Startup Professionals Musings

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. No office space rental, no secretary, and no accountant are required. Technology costs.

article thumbnail

The Cost Equation for a Startup is Better Than Ever

Gust

That’s a burn rate of at least $10K per month that can be eliminated if you are handy with computers and Quickbooks. Use the Internet and social networking instead of public relations companies and advertising agencies. No office space rental, no secretary, and no accountant are required. Technology costs.

Cost 139