Startup Professionals Musings

FEBRUARY 7, 2015

Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing. Test your channel and support strategy. Look for feedback on how to make it a better fit. Here again is your chance to make pivots for almost no cost.

Business Model 120

Business Model Technical Review Advisory Board Software Review 120

Startup Professionals Musings

APRIL 12, 2010

Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them. Too many startups simply follow the standard distribution channels, use standard pricing, and count on their one extra feature to give them the market. Marketing is done in fits and starts.

Advisory Board 125

Advisory Board Startup Forecast Early Stage 125

Version One Ventures

JULY 24, 2019

We love meeting people who have shown that they can channel their passions into work that is meaningful and impactful to them. Reporting for our investors, including writing quarterly updates and preparing LP advisory board meetings. Thus, it is important that our new teammate be self-motivated and disciplined.

Technical Review 124

Technical Review Advisory Board Due Diligence LP 124

Startup Lessons Learned

OCTOBER 4, 2008

He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. Without those open and yet expert-filled channels, it might have taken me many years more to correct my naivety and fill out my understanding of core topics.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

David Teten

JANUARY 23, 2021

The next best move is to build your core team, e.g., recruit an Advisory Board, Venture Partners, and EIRs. I recommend side-channel at virtual conferences. Disclosure: Blue Future Partners is a member of the Advisory Board of ff Venture Capital , where I was formerly a Partner. Lastly, gather feedback.

Private Equity 78

Private Equity Venture Capital Technical Review Software Review 78

Steve Blank

JUNE 6, 2016

A thought leader in the area of big data analytics, social media, optimization, machine learning, and data mining, he also served as a Venture Advisor focusing on big-data analytics at Trident Capital , and was on the advisory board of several startups. . Tune in Thursday at 1 pm PT, 4 pm ET on Sirius XM Channel 111.

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

David Teten

SEPTEMBER 5, 2014

Those interactions vary – from mentorship and product feedback to learning about unmet needs in a market or understanding whether a sales channel is worth pursuing. In some cases, that relationship grows into something more than conversation – like joining an advisory board, investing, partnering, or even joining the team.

New York 114

New York Technical Review Networking Advisory Board 114

Startup Professionals Musings

JUNE 30, 2012

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. Gather some representative customer contacts, and give them your best sales pitch, including price, channel, and support. These days, the technical side may be the easy part.

Business Model 248

Business Model Advisory Board Entrepreneur Angel Investor 248

Steve Blank

JULY 29, 2013

(However, in some industries such as life sciences, founders may be tenured professors who are not going to give up their faculty positions, so they often become the head of a startup’s scientific advisory board, but aren’t part of the founding team.). A couple of caveats about founders with “ideas.” FIgure out who you are.

Cofounder 335

Cofounder Advisory Board Customer Development Leadership 335

Startup Professionals Musings

AUGUST 4, 2013

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. Gather some representative customer contacts, and give them your best sales pitch, including price, channel, and support. These days, the technical side may be the easy part.

Business Model 235

Business Model Product Advisory Board Angel Investor 235

Startup Professionals Musings

APRIL 15, 2011

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. Gather some representative customer contacts, and give them your best sales pitch, including price, channel, and support. These days, the technical side may be the easy part.

Business Model 234

Business Model Advisory Board Startup Angel Investor 234

Startup Professionals Musings

MAY 13, 2011

Clearly define the customer, channel, and revenue model associated with this solution. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Industry & market sizing.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Startup Professionals Musings

AUGUST 13, 2012

Clearly define the customer, channel, and revenue model associated with this solution. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Industry & market sizing.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Steve Blank

AUGUST 27, 2012

He should make sure that there aren’t other parts of the business model (revenue model, pricing, partners, channel, etc.) Finally, I suggested that he find someone he respects on his advisory board, who he was comfortable brainstorming with and would tell him when he has a bad idea. Find a Brainstorm Buddy.

Founder 323

Founder Cofounder Advisory Board Burn Rate 323

mashable.com

AUGUST 20, 2011

Whether that’s a funny ringtone or an impromptu blast of Rebecca Black’s “Friday,&# coworking can be a great way to network, make friends and have a built-in advisory board of people from many different industries. Plus, a lot of coworking spaces offer classes and seminars on new technology and tools. startupcto

Cofounder 81

Cofounder San Francisco Social Media Startup 81

Austin Startup

JUNE 24, 2018

Public voting makes up one-third of the scheduling decision-power (with the PanelPicker team and the SXSW Advisory Board covering the other two-thirds). Utilize social media , the office Slack (while refraining from the infamous @channel), and your friends and family. Now is your chance to promote your talk.

Artificial Inteligence 67

Artificial Inteligence Advisory Board Audience Technical Review 67

Austin Startup

SEPTEMBER 19, 2017

For startup founders, it’s never too early to start thinking about putting together a target market advisory board. The target market advisory board should consist of 2–4 industry veterans who have connections to C-level execs and VPs in your target market. Never discount the power of a warm intro.

Advisory Board 48

Advisory Board Sweat Equity Marketing Vertical 48

Startup Professionals Musings

APRIL 22, 2010

Clearly define the customer, channel, and revenue model associated with this solution. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Industry & market sizing.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Gust

AUGUST 5, 2012

Clearly define the customer, channel, and revenue model associated with this solution. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy. Industry & market sizing.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Feld Thoughts

FEBRUARY 28, 2023

This third body is often referred to as an advisory board (Beirat), sometimes also as a supervisory board (Aufsichtsrat). Since the attractiveness of investments is also largely related to exit channels, this aspect affects the availability of capital and company valuation at every stage.

Germany 178

Germany Liquidation Preference Option Pool Advisory Board 178

YoungUpstarts

OCTOBER 17, 2013

Branding: Be consistent across all channels. In most instances it’s okay to be less formal on social media channels —just make sure that your updates, statuses, comments, etc. Channels: Join the right networks for your company. They can also act as an advisory board during a crisis. speak’ with a unified voice.

Social Media 217

Social Media Media Curation Social Network 217

Startup Professionals Musings

JANUARY 5, 2018

The reality is that successful businesses these days require an equally elegant business model, with the right marketing, delivery channel, price, and target customers, to get real traction. Finalize your channel and marketing strategy. Look for feedback on how to make it a better fit.

Product 137

Product Advisory Board Business Model Cofounder 137

Startup Professionals Musings

APRIL 5, 2010

In other words, once they are convinced that the product works, they assume their price, sales channel, and marketing will bring in the customers. Gather some representative customer contacts, and give them your best sales pitch, including price, channel, and support. These days, the technical side is the easy part. Limited rollout.

Business Model 120

Business Model Advisory Board Angel Investor Channel 120

Duct Tape Marketing

SEPTEMBER 9, 2022

Semrush is your one stop shop for online marketing build, manage and measure campaigns across all channels faster and easier. Like that's a useful sort of way to wander into creating a formal board with the nuance that if you create something like an advisory board, be serious about it. And that's fine. Get Semrush.

Startup 98

Startup Cofounder Early Stage Founder 98

Startup Professionals Musings

JUNE 22, 2016

Build an inside advisory board of influencers and experts. If Bill Gates has agreed to be on the board of your software startup, that’s major traction, even with no paying customers. It’s never too early to build relationships with industry analysts, influential bloggers and the media, and show how these have grown over time.

Metrics 143

Metrics Advisory Board Startup Lean 143

Startup Professionals Musings

FEBRUARY 13, 2016

You need to identify pricing details, sales channels, strategic partners and a customized marketing plan consistent with your industry and target segment. Include advisory board member qualifications and key industry connections. What are your specific marketing and sales plans? Highlight elements of traction you already have.

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

ReadWriteStart

JUNE 20, 2012

In both physical and Web/mobile channels, earlyvangelists display these common characteristics: They have a problem or need. Moreover, they can be potential advisory board candidates. Web/mobile businesses conduct customer discovery differently from those in the physical channel. They understand they have a problem.

Customer 119

Customer Advisory Board Cofounder Engineer 119

YoungUpstarts

JANUARY 10, 2016

Customers now interact with brands through multiple communication channels and devices. Simon is also an independent company director and has served on a number of advisory boards with technology focused companies in early stage (A or B) funding. Increasing Emphasis on the Customer.

Customer 100

Customer Advisory Board Asia Internet 100

YoungUpstarts

JANUARY 17, 2016

Instead, Facebook is the most popular social channel for customer service questions and is used twice as often as Twitter, which is the second most-used social media site. Simon is also an independent company director and has served on a number of advisory boards with technology focused companies in early stage (A or B) funding.

Customer 100

Customer Singapore Advisory Board Asia 100

Steve Blank

SEPTEMBER 30, 2015

That was the message from the latest guests on Entrepreneurs are Everywhere , my radio show on Sirius XM Channel 111. Entrepreneurs are Everywhere airs Thursdays at 1 pm Pacific, 4 pm Eastern on Sirius XM Channel 111. What do you do with an advisory board?” Dave Lerner.

Artificial Inteligence 120

Artificial Inteligence Entrepreneur Silicon Valley New York 120

Hearpreneur

OCTOBER 20, 2019

Thanks to Margo Benge, The Creator’s Channel ! #12- We believe in collaborating with industry leaders, working with innovative companies and directly engaging with our community and audience to ensure we are building out valuable resources they can use daily to improve health & safety within their respective companies.

Papua New Guinea 89

Papua New Guinea Hawaii Churn Rate Advisory Board 89

pandodaily.com

JULY 18, 2012

It’s started by Marc Ruxin , a former A&R man for EMI Records who has been on a million advisory boards in the Valley and had several jobs in and around pop culture. . “Kids wouldn’t have had the connections to sell prints from Milton Glaser on day one.” Great Article. off topic.

Entrepreneur 45

Entrepreneur San Francisco Silicon Valley Technical Review 45

The Startup Toolkit

AUGUST 29, 2012

Those numbers get completely thrown out when the advisor is your distribution channel. Don’t rush to “fill” your advisory board. 2% seems to be normal, trending toward the high end if you’re pre-funding and the low end if you’ve already raised a decent round[1]. 2] Don’t quote me on this!

Equity 46

Equity Vesting Advisory Board Merger 46

Austin Startup

FEBRUARY 27, 2019

I had a hunch that LinkedIn had the potential to be a valuable channel, especially for startups like us (and our startups. That’s what I wrote on page six of a fresh Sputnik notebook, under a list of marketing goals back in December. meta) who market to businesses. But, my millennial brain was used to Instagram.

Advisory Board 48

Advisory Board Marketing Social Media B2B 48

Board Effect

JULY 12, 2024

Key components of an engagement strategy include Clear communication channels Inclusive events Collaborative partnerships Opportunities for community members to contribute and voice their opinions. This strategy should be rooted in a deep understanding of the community’s needs, aspirations, and cultural contexts.

Community 52

Community Developer Advisory Board Social Media 52

Steve Blank

OCTOBER 11, 2016

13, at 1 pm PT, 4 pm ET on Sirius XM Channel 111 to hear these upcoming guests on Entrepreneurs are Everywhere : George Zimmer , founder of Men’s Wearhouse and now founder, chairman and CEO of Generation Tux ; and Scott Adams , creator of Dilbert. How could I build a solution that would address those points? Tune in Thursday, Oct.

Columbus 249

Columbus Entrepreneur Cofounder Ohio 249

www.rocketwatcher.com

NOVEMBER 8, 2010

One other basic metric I’d add is “Cost per channel&# (web, print, tradeshow, etc…) and tie in how many each channel is generating, so you get a ROI by channel as well. Good post, -Hakan [link] aprildunford Reply 13. Oct, 2010 at 12:09 pm Hi Hakan, Thanks for the comment. Rymatech Reply 13.

B2B 42

B2B Metrics Marketing Startup 42