Startup Professionals Musings

APRIL 15, 2011

Here is where your Advisory Board can help you in finding real people with deep experience in your product domain, and gather some unbiased feedback. This is tricky, since you have to do realistic marketing to see realistic results, but don’t roll out the big viral campaign yet. Then listen carefully to the feedback.

Business Model 234

Business Model Advisory Board Startup Angel Investor 234

betashop.com

OCTOBER 8, 2012

It has been awesome, flattering, and humbling to see that post went viral and has been seen by so many thousands of people — mainly aspiring entrepreneurs — and has been translated into many languages. Use them as a sounding board for corporate development issues. Advisory boards never amount to much.

Technical Review 108

Technical Review Technology Software Review Valuation 108

Startup Professionals Musings

JANUARY 5, 2018

An advisory board of outside people with experience in your domain can give you the unbiased feedback you need, as well as connections for setting up distribution and sales channels. Save your viral campaign and major inventory buildup for later. Here again is your chance to make pivots for almost no cost.

Product 137

Product Advisory Board Business Model Cofounder 137

Startup Professionals Musings

APRIL 5, 2010

Here is where your Advisory Board can help you in finding real people with deep experience in your product domain, and gather some unbiased feedback. This is tricky, since you have to do realistic marketing to see realistic results, but don’t roll out the big viral campaign yet. Then listen carefully to the feedback.

Business Model 120

Business Model Advisory Board Angel Investor Channel 120

YoungUpstarts

OCTOBER 17, 2013

That being the case, social media campaigns should leverage the social aspect of social media, combined with its viral functionality, to create events that trigger engagement from followers in a new and exciting way. They can also act as an advisory board during a crisis. Brand Ambassadors: Recruit fans to spread the word.

Social Media 217

Social Media Media Curation Social Network 217

ReadWriteStart

JUNE 20, 2012

But even as nonpaying users, these earlyvangelists are willing or eager accelerators of your viral growth. Moreover, they can be potential advisory board candidates. In Web/mobile apps, where multi-sided markets (separate users and payers) are often found, earlyvangelists can be users or payers.

Customer 119

Customer Advisory Board Cofounder Engineer 119

Steve Blank

NOVEMBER 16, 2009

Business Model Affects Metrics and Exit Criteria Web-based Business Model Exit Criteria In a web-business model you’re looking for traffic, users, conversion, virality, etc – not revenue. As for #3. I agree completely. That’s exactly the point I was trying to make (perhaps badly) with the post.

Customer Development 228

Customer Development Web Developer Customer 228

Duct Tape Marketing

DECEMBER 15, 2022

20:02] Could you talk a little bit more about this idea of being a sounding board and how that differs from an advisory board or an actual board? [21:22] And then one we like to call the sounding board, which is the small five to seven people. That's either your advisory board or their own advisory board.

Community 98

Community Framework Advisory Board Viral 98

Startup Lessons Learned

OCTOBER 11, 2009

This is similar to the problem that viral loop companies have with the engagement loop : by making it too easy to join, they actually give away the positioning that allows for longer-term engagement.) They discovered, as is true of many freemium and lazy registration systems, that easy is not always optimal.

San Francisco 133

San Francisco Lean Metrics Continuous Deployment 133

Steve Blank

FEBRUARY 12, 2015

Sales (and/or customer acquisition in a multi-sided market) becomes achievable by a sales force (or network effect or virality) without heroic efforts from the founders. If he already had an advisory board (formal and/or informal), add CEO’s who have been through this phase. If not, start one.

Startup 120

Startup Lean Venture Capital Advisory Board 120