Startup Development
SoCal CTO
APRIL 23, 2010
How to Work With a Contract Web Developer How To Bootstrap Your Startup
Bootstrapping Business Model Metrics 
Don’t Let Investors Conclude Your Startup Is A Hobby
Gust
APRIL 27, 2014
This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones.
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This Is Why You Should Start A Subscription Box Business
YoungUpstarts
AUGUST 24, 2017
Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? Conclusion.
Churn Rate 149
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Real Unfair Advantages
A Smart Bear: Startups and Marketing for Geeks
JULY 19, 2010
Take the success of ITWatchDogs , the company I helped bootstrap and eventually sell (before Smart Bear). On the surface, it's yet another "marketing metrics" company. Office 2010 will be the end of Zoho, if we stop innovating, stop being nimble and flexible in our business model. Yes of course I'll share details!).
Software Review 325
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Raising Money Using Customer Development
Steve Blank
NOVEMBER 5, 2009
Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions. Can it scale?”
30 tips for avoiding startup failure, from successful founders
The Next Web
SEPTEMBER 22, 2013
Bootstrapping can be fun, you get to iterate quickly, turn on dimes, invent new features on the fly. I think we erred in letting our traffic and operational concerns outstrip our business model, where simply maintaining what we had was preventing us from advancing our product.”. Be creative, and stay lean. Scale rapidly.
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6 Keys To A Winning Business Model For Your Customers
Startup Professionals Musings
OCTOBER 21, 2023
How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Word of mouth is not adequate for marketing and sales.
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Smart Bear Live 8: Edwin from MeetingKing.com
A Smart Bear: Startups and Marketing for Geeks
MARCH 11, 2014
Edwin: Oh sorry, so the business model. Edwin: The business model is that the organizer has to pay. And standing out to a company that got $10 million dollars in funding even before they started Asana is going to be very hard if you bootstrap it with your savings. Is that what they’re doing? Jason: Exactly.
6 Ways To Test Your New Venture Sustainability Early
Startup Professionals Musings
JANUARY 22, 2021
How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Word of mouth is not adequate for marketing and sales.
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Lessons Learned: Validated learning about customers
Startup Lessons Learned
APRIL 14, 2009
What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) Every board meeting, the metrics of success change. And yet, their investors are frustrated.
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Vertical Markets 1: Bad Advice – All Startups are the Same « Steve.
Steve Blank
MAY 26, 2009
Bootstrap for years! You can bootstrap without VC money. Reply conversationalistOU812 , on November 9, 2009 at 10:31 am Said: Dmitriy is right – we should ban the use of industry buzzwords like “verticals&# , “metrics&# and “horizontals&# altogether. Yeah, I said. Order Here.
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It's a startup, not a spreadsheet
Startup Lessons Learned
JUNE 5, 2009
In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics. One way to conceive of our goal in an early-stage venture is to incrementally “fill in the blanks&# for the business model that we think will one day power our startup. June 8, 2009 1:16 AM Colin said.
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30 Entrepreneurs Reveal the Companies They are Starting in 2023
Hearpreneur
JANUARY 25, 2023
4- Drop-shipping enterprise Photo Credit: Matthew Magnante It's my proposal The drop-shipping business model involves selling things that are transported straight from the supplier to the client. Your business model involves cooking and delivering delicious meals to people at their places of employment or at their homes.
Software Review 127
127 How to Start a Business in a Month – #30DayChallenge
Up and Running
OCTOBER 21, 2014
‘Starting a business’ really only comes down to figuring out your business idea ; doing your paperwork; and sorting out the money. Given the number of funding resources available today, you shouldn’t have too much of a problem getting that initial start-up cash, especially if you focus on a lean business model or MVP route to market.
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The Ultimate Guide to Starting a Software Company
Up and Running
MAY 23, 2016
The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. Your pitch is going to cover your strategy (what you’re going to do), your tactics (how you’re going to do it), your business model (how you will make money), and your schedule (who is doing what and when).
How to Start a Brewery: Growing Your Own Craft Beer Business
Up and Running
MAY 15, 2019
Friends and family are the most common backers, and many startups bootstrap. Some cities, such as Portland, Oregon also have what Patrick calls “beer angels”—private angel investors who understand the beer business and invest in select breweries and cideries. There’s no one model—or one business plan—for breweries.
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The Ultimate Guide to Choosing a Pricing Strategy for Your SaaS Startup
Up and Running
JULY 10, 2017
Different sources define freemium as a business model or a pricing strategy. It’s critical to understand the metrics in terms of dollars per additional user, as you’ll have to spend this amount to serve thousands of your non-paying customers. However, your pricing options go far beyond freemium and free trial.
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The Entrepreneur’s Essentials #3: The five critical ingredients to build a big company
Austin Startup
SEPTEMBER 29, 2018
business model and team. I usually don’t back a business unless there are founders that can build, sell, and service the new solution that is being brought to market. Here are the ingredients: Business model : This is actually the most important ingredient of the five. Read my Lucky7 Bootstrap or VC?
6 Hard Questions That Every Entrepreneur Must Answer
Startup Professionals Musings
NOVEMBER 29, 2019
Most businesses require a team of people with diverse skills, all with a success mindset and commitment to common goals. In the real world, evidence indicate the vast majority of new ventures are self-funded, or bootstrapped. Should this be a non-profit or for-profit business? Keep alternative business models on the table.
6 Keys To Proving A Viable Startup Business Model
Startup Professionals Musings
APRIL 20, 2015
How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Word of mouth is not adequate for marketing and sales.
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120 Lean Goes Better with Coke – the Future of Corporate Innovation
Steve Blank
NOVEMBER 7, 2013
For most big, established companies like us, our business models were developed years—even decades ago. We’ve built up strength in executing our business model, not creating new ones. It didn’t take us very long to connect the dots between exponential growth, business model innovation and the “Lean Startup” movement.
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Fermi estimation for startup business models
A Smart Bear: Startups and Marketing for Geeks
JANUARY 13, 2015
Often your best estimate of any metric or market behavior or business model component is at best accurate within a power of ten, for example “expected conversion rate between 0.5% This is why even a bootstrapped company with no desire to “scale” still benefits from being in a large and growing market.
Business Model 120
120 Don’t Let Investors Conclude Your Startup Is A Hobby
Startup Professionals Musings
MAY 4, 2014
This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones.
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‘Out of Control’ Startups Fail on 8 Key Processes
Startup Professionals Musings
SEPTEMBER 7, 2011
This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones.
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255 StartupRoar.com – A Source Of Aggregated, Curated Entrepreneurial Content
YoungUpstarts
JULY 22, 2011
You’ll find content categorized into different topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.
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StartupRoar - Great Content for Startups
SoCal CTO
JULY 13, 2011
This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.
Eight Business Processes Every Startup Must Have
Startup Professionals Musings
AUGUST 1, 2010
This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones.
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8 Key Processes Distinguish a Business From a Hobby
Startup Professionals Musings
JANUARY 31, 2013
This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones.
Which is better: Many customers at low price-point or few at high price?
A Smart Bear: Startups and Marketing for Geeks
MAY 1, 2012
Why the obsession with raising money, what if you don’t want a huge company, what if you want to bootstrap, don’t you know raising money isn’t a measure of correctness or success, … I agree! Let’s focus on just one question: For which company would be easier to raise money? That’s shitty!
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320 The Entrepreneur’s Essentials #15: The fallacy of risk in entrepreneurship
Austin Startup
MARCH 2, 2019
I’m a very risk adverse entrepreneur as a result of bootstrapping my first three businesses, almost failing on the fourth (Coremetrics) due to market timing (I was too early and didn’t predict the dot-com bust) and its overcapitalization, and being a mostly customer funded and very capital efficient on the fifth (Bazaarvoice).
People are the whole game - Startups and angels: Along the way to.
Tim Keane
MAY 27, 2010
It was bootstrapped. They have a growth metric – one measurement of success – that focuses the attention of the entire enterprise. Ours was increasing business from current customers. He founded RightNow Technologies in a spare bedroom in his home in 14 years ago - by bootstrapping. It was bootstrapped.
Lean Business Planning with Tim Berry [VIDEO]
Up and Running
MAY 28, 2015
We’re looking at our lean business planning is about strategy, tactics, concrete specifics including milestones, metrics, tasks and schedule, and essential numbers to run a business, all of which lead to managing cash flow. You need metrics because we’re human. Are we recruiting? Who are we recruiting?
Lean 60
60 8 Challenges To Overcome In The Growth Of Hyperlocal
Startup Professionals Musings
DECEMBER 30, 2016
Local businesses expect proof of value, not promises. You need metrics to show dominant penetration of the relevant customer demographic, added value over existing media, and real customer testimonials of value. Monetization may require multiple business models. You need local partners and relationships for credibility.
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158 Revenue-Based Investing: A New Option for Founders who Care About Control
David Teten
AUGUST 19, 2019
I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. of founders can’t or don’t want to build a business that way. The RBI investment model better aligns incentives between VCs and a founder who chooses to bootstrap. of founders raise VC; the other 99.4%
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Four myths about the Lean Startup
Startup Lessons Learned
APRIL 18, 2010
Myth: Lean Startups are small bootstrapped startups. What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated. Myth: Lean Startups are small bootstrapped startups.
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How to Start a Brewery
Up and Running
FEBRUARY 17, 2016
Friends and family are the most common backers, and many startups bootstrap. Some cities, such as Portland, OR, also have what Patrick calls “beer angels,” private individuals who understand the beer business and invest in select breweries and cideries. There’s no one model—or one business plan—for breweries.
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Crisis versus Opportunity: 6 Ways to Bootstrap a Startup in a Post-COVID-19 World While Navigating the New Normal
ReadWriteStart
JUNE 29, 2020
In other words, you must start bootstrapping an online startup , because the future of the global business world is online. The companies that have the greatest chance of surviving the global economic shutdown are the ones that have pivoted their business processes from the brick-and-mortar model to an online model.
Term-sheets and Valuations: Thinking about Negotiations - Startups.
Tim Keane
JANUARY 12, 2010
3] However, if they are built bottom up, they demonstrate and make explicit a range of business model assumptions the entrepreneur is using to think about his business and its revenue model. For the sake of this discussion it’s the method rather than the specific metric that is important. [2]
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68 Is There a Better Way to Evaluate Startup Accelerators?
ReadWriteStart
JUNE 22, 2012
One can readily make the argument that the rapid expansion of these programs has been appropriate, as market disruptions caused by technology are creating real opportunities to better serve businesses and consumers. But those metrics don't tell the whole story. Startup Exits Are Great, but There Are Other Positive Outcomes.
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133 ProfessorVC: Is the Grass Really Greener on the Dark Side?
Professor VC
JANUARY 27, 2008
We will also look at a variety of financing methods including venture capital, angel investing, licensing, franchising, roll-up, venture debt and my old favorite, bootstrapping. Bootstrapping 101. Survey says VC's invest on Gut Instinct. ► July. (1). ► May. (1). Can you start a company on $10K? ► March. (1).
San Jose 28
28 Bottom Up Market Sizing - Startups and angels: Along the way to.
Tim Keane
FEBRUARY 3, 2010
By this time we anticipate competitive pressure and we will use leads acquired per day and time from conversions to sales as an early warning metric. By this time we anticipate competitive pressure and we will use leads acquired per day and time from conversions to sales as an early warning metric. Bootstrapping.
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116 Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell
Growthink Blog
MAY 23, 2011
An entrepreneur starts a company in classic " bootstrap " fashion - with a combination of sweat equity and their own financial resources. Management has the wrong pedigree, is geographically undesirable, competes in the wrong industry, and/or has a business model that lacks "scalability credibility" with the venture community.
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ProfessorVC: 4 Lessons of Entrepreneurship
Professor VC
FEBRUARY 26, 2008
He raised less financing than originally planned but was able to launch the site and was running a business by the time his classmates graduated 9 months later. Bootstrapping 101. I take CFO roles in early stage companies and participate on the management team during the early financings and business model development phases.
Introducing the Lean Startup Cohort subscription program
Startup Lessons Learned
AUGUST 8, 2009
In particular, we would cover customer development, continuous deployment, minimum viable product, and actionable metrics. I continue to work on additional programs and products for bootstrapped and angel-backed startups, as well as for enterprise and future entrepreneurs. I love the business model. Great idea.
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