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Know and avoid “time bankruptcy.”

Berkonomics

Time bankruptcy results from the deliberate over-commitment of core resources. . I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. It’s a classic case of time bankruptcy.

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Creating the Next Silicon Valley – The Chilean Experiment

Steve Blank

Interestingly, CODELCO is required to contribute 10% of its revenues to the armed forces , but the mining industry seems to have little or no connection with innovation and entrepreneurship efforts in universities and startups. Partially due to a lack of bankruptcy or commercial courts, the bankruptcy process in Chile is draconian.

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Why Some Startups Win

Steve Blank

I had taken the job of VP of Marketing in a company emerging from bankruptcy. And it was going to mention the two words that marketing needed to live and breathe: revenue and profit. Generate end-user demand (to match our revenue goals). Value price our products to achieve our revenue and margin goals (create high-value).

Startup 329
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Organization That Failed to Innovate – Avoid Their Fate

ReadWriteStart

Rental subscriptions and late fees were the main drivers of revenue for the organization. The deal could not materialize — and now the situation is such that the success of Netflix was one of the primary reasons behind the bankruptcy of Blockbuster. Blockbuster missed multiple opportunities to innovate.

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Tripwire Marketing: From Bankruptcy to Over 1 Million Dollars in Profits in One Year

ConversionXL

In 2015, 9-figure apparel retailer Karmaloop.com filed for bankruptcy. That latter term is used to describe an initial offer that generates enough revenue to offset the cost of acquiring a customer. of our total sessions, still contributed 43% of the revenue during this period. They brought me in as CMO. Whales rock.

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How Much Should You Raise in Your VC Round? And What is a VC Looking at in Your Model?

Both Sides of the Table

There are many things a VC is looking for in reviewing your business plan but beyond things the like the quality of revenue, margins, OPEX and CAPEX there’s a really simple rule I call, “Cash In, Cash Out, Milestones Achieved.” Having too little demand leads to bankruptcy.

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Are you or your business “time bankrupt?”

Berkonomics

Time bankruptcy results from the deliberate over-commitment of core resources. I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. It’s a classic case of time bankruptcy. Time bankruptcy.