Startup Professionals Musings

APRIL 11, 2022

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key activities. Try this one.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

FEBRUARY 3, 2021

Every business will offer you many opportunities in this regard, including honing your communication skills, new business models, and exciting customers. Staying inside your comfort zone will ultimately become boring, and never give you a real sense of accomplishment and fulfillment.

Business Model 432

Business Model Entrepreneur Cost Customer 432

Startup Professionals Musings

SEPTEMBER 13, 2022

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

Startup Professionals Musings

FEBRUARY 15, 2020

They insist on greater efficiency, try new business models, organizational improvements, and better cash management. Carnegie and Hill understood how business success rules were tied to the entrepreneur way back in the early 1900’s, and the evidence is that those rules are still as applicable now as they were then.

Technical Review 315

Technical Review Angel Investor Differentiation Business Model 315

Startup Professionals Musings

JUNE 12, 2022

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Many countries have learned to make products cheaper and better. Competitive advantages are rapidly vaporizing on these.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Startup Professionals Musings

MAY 17, 2020

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

TechEmpower

JULY 31, 2023

Proving your Business Model Works - Build, Define, and Review But how do you prove your numbers? Then use what you’ve learned in this blog post to decide if the numbers validate your business model, or if you need to rethink your approach. Conclusion Startup metrics are an invaluable tool for founders and innovators.

Metrics 260

Metrics Startup Retention Acquisition 260

Startup Professionals Musings

DECEMBER 5, 2020

Continually evaluate the essential elements of the business model. In the corporate environment, the business model is a given, rather than a tool for tuning the business. Corporate thinking is often focused on more products in more markets, with hope that the total impact will be greater than the sum of the parts.

Technical Review 294

Technical Review Business Model Employee Sales 294

Startup Professionals Musings

APRIL 14, 2021

Yet don’t assume that any of these will override the basic need of every business to be self-sustaining via revenue to meet expenses over time. I still find entrepreneurs who are passionate about doing good and satisfying customers, but forget to focus on a business model that generates a financial return.

Customer 432

Customer Social Media Dividend Technical Review 432

Steve Blank

OCTOBER 15, 2020

We built up a system to produce a certain type of military power at a time when that whole business model is being disrupted and undermined — much as Blockbuster Video’s business model was undermined by Netflix and Apple. Disruptive Technology.

Technical Review 399

Technical Review Artificial Inteligence Technology United States 399

Startup Professionals Musings

APRIL 1, 2020

The audience for this business model is limited, so make sure you can deliver to their expectations. Service businesses to find the best solution. Examples of this business model and brand would include Airbnb for finding places to stay, and Expedia for the best airline reservations.

Customer 308

Customer Technical Review Matching Business Model 308

View from Seed

APRIL 6, 2021

You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. You have unbounded curiosity for emerging trends, a love for experimentation, and you’re always eager to dive into new products and technologies before others do.

Technical Review 317

Technical Review Software Review Seed Stage Cofounder 317

Startup Professionals Musings

NOVEMBER 12, 2022

They insist on greater efficiency, try new business models, organizational improvements, and better cash management. Carnegie and Hill understood how business success rules were tied to the entrepreneur way back in the early 1900’s, and the evidence is that those rules are still as applicable now as they were then.

Technical Review 297

Technical Review Angel Investor Differentiation Business Model 297

Startup Professionals Musings

DECEMBER 6, 2019

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

YoungUpstarts

FEBRUARY 6, 2021

The post The Rise of eLearning Platforms – Types, Business Models & Solution For Startup Edupreneurs appeared first on Young Upstarts. As people switch more to the online realm for education and knowledge, the scope and application of elearning platforms will only get bigger.

Business Model 350

Business Model Startup 350

Startup Professionals Musings

SEPTEMBER 25, 2021

You need a viable business model and customers. The value is tied to infrastructure outside your control, such as a pervasive network of fuel stations, trained service facilities, and new government regulations.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

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. Everyone must be part of the sales process. Marty Zwilling

Business Model 273

Business Model Customer Angel Investor Bootstrapping 273

Startup Professionals Musings

MAY 23, 2022

Every business, new or old, needs to remember that an ethical culture, or lack of it, shows in the actual behavior and attitudes of all team members, rather than just in policy documents and videos from the top. Can you vouch for the culture and ethics of your company, from top to bottom? Marty Zwilling.

Software Review 291

Software Review Offshore Entrepreneur Leadership 291

Startup Professionals Musings

OCTOBER 30, 2020

Minimize one-time sales in your business model. You need a stable customer base with an automatically renewing revenue stream, such as the subscription model. Your solution must have value for every customer. Strive to make real customers your best advocates for the initial rollout.

Merger 386

Merger Acquisition Software Review Social Media 386

Startup Professionals Musings

FEBRUARY 10, 2023

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

Technical Review 345

Technical Review Due Diligence Term Sheet Offshore 345

Startup Professionals Musings

MAY 19, 2023

Solution and business model innovation require pushing the limits. A business model is not an after-thought. Passion and ego are no substitute for a business model that makes sense. Hiring people who are just like you may eliminate revolts, but it won’t get you outside your own box.

Technical Review 229

Technical Review Due Diligence Business Model Demand 229

Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model.

Business Model 256

Business Model Distribution Viral Green 256

Startup Professionals Musings

JULY 8, 2022

For Logan Green of Lyft, his international travel purpose helped inspire him to the creation and growth of an industry-altering business. By finding new perspectives, he was able to redefine business models and satisfy customer needs in new and ingenious ways. Driven to reduce personal hardship and suffering.

Technical Review 357

Technical Review Green Social Media Lean 357

Startup Professionals Musings

OCTOBER 11, 2023

Adopt alternative business models to address challenges. Many companies these days start with a single online-only purchase model, but later move to providing subscription services and freemium alternatives.

Technical Review 277

Technical Review Partner Matching Channel 277

Startup Professionals Musings

JUNE 11, 2022

All other sections, starting with a definition of the problem and the solution, opportunity sizing, business model, competition, executive team, and financial projections, are just as critical for nonprofits as for-profits.

Angel Investor 327

Angel Investor Equity Technical Review Exit Strategy 327

Startup Professionals Musings

DECEMBER 21, 2020

In my experience, even the best technology and business model won’t succeed without successful relationships. The quality of relationships with customers, investors, partners, and suppliers can easily be their sustainable competitive advantage, or their death knell. That’s why investors say they invest in people, not ideas.

Business Model 339

Business Model Developer Entrepreneur Partner 339

Startup Professionals Musings

JANUARY 25, 2023

No matter how well your business seems to have worked for you up to this point, you can be certain that it will need to be heavily transformed for tomorrow’s new world-wide economy and no industry sector boundaries.

Partner 350

Partner Operations Metrics Leadership 350

Startup Professionals Musings

JANUARY 13, 2020

A proven business model, ready to scale, is particularly attractive. Contrary to popular belief, most investors are not looking for entrepreneurs who are desperate for funding. They prefer to see a rational staged plan, already in progress, with some checkpoints achieved, as well as future ones planned.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Startup Professionals Musings

FEBRUARY 22, 2021

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. If they won’t do it, they why would I as stranger invest in you?

Technical Review 338

Technical Review Elevator Pitch Due Diligence Angel Investor 338

Startup Professionals Musings

APRIL 4, 2022

According to my experience and this Motley Fool article from a few years ago, the challenge is very real, with around half of all new businesses no longer existing after five years.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

MAY 11, 2020

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

Technical Review 310

Technical Review Due Diligence Term Sheet Offshore 310

YoungUpstarts

JUNE 10, 2021

Creating unique customer experiences sets you apart, signaling to customers that they’re appreciated and essential to shaping the success of your business. The post Customer Experience-Based Business Models Lead To Greater Customer Loyalty appeared first on Young Upstarts.

Business Model 264

Business Model Customer Management 264

Steve Blank

OCTOBER 15, 2019

They’ll use government regulation and lawsuits to keep out new entrants with more innovative business models. If the company is large enough it will become a “ rent-seeker ” and look to the government and regulators as their first line of defense against innovative competition.

Government 322

Government Technical Review Acquisition Metrics 322

Startup Professionals Musings

FEBRUARY 8, 2020

Implement a modern real business model. A smarter risk is to build a plan, with associated greater resources, that will put you in position to expand your product line and keep one step ahead of competitors. Risk is more manageable with subscriptions and even freemium pricing.

Management 322

Management Entrepreneur Forecast Stock Options 322

Startup Professionals Musings

JUNE 26, 2020

If possible, quantify these in non-technical business terms, such as dollars saved or replacement costs over time. Provide specifics on the customer business model. For example, rather than saying, “Competitor X has poor reliability,” use the positive approach to list your reliability features, compared to X.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

FEBRUARY 12, 2023

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

YoungUpstarts

JUNE 16, 2022

The post How Virtual Credit Cards Are Powering New Digital Business Models appeared first on Young Upstarts. The days of the plastic card are behind us. In the world of B2B payments, virtual cards now transmit money and data without plastic at all.

Business Model 246

Business Model B2B 246