Up and Running

FEBRUARY 12, 2019

Outline your business model. Your business model tells an investor how your idea will (or does) convert into being economically viable. The best way to show you how to communicate your business model is to show you an example of a good one. Your business model should answer the questions: What do you sell?

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

Occam's Razor

APRIL 8, 2013

Perhaps it's an increase in your conversion rate; Or a higher number of visitors who sign up; Or a greater number of people who share content with one another; Or a lower monthly churn rate for users of your application; Maybe it's even something as simple as getting more people into your restaurant.

Metrics 157

Metrics Analytics Lean Churn Rate 157

maplebutter.com

JANUARY 8, 2013

How to stay lean and iterate quickly while you’re building a two sided marketplace, especially when “network effect” and “critical mass” are the two main focuses? Spend 20% of your time building a network of advisors that can help you. Warning: Typos, run-on sentences, and crappy formatting.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Up and Running

APRIL 27, 2012

Sure, the barriers to entry are lower, and customers are one mere click away from their growing social networks. The more visitors you bring to your website the greater your potential to derive revenue from them regardless of your business model, and without costs growing in proportion. But the noise.

Metrics 68

Metrics Nigeria Ratchet Churn Rate 68

Seeing Both Sides

JULY 21, 2014

But many years later, I began to appreciate that one of our core flaws was our business model. But the downside to our business model was that we did not have hardly any recurring revenue. . Recurring revenue business models are not a little bit better than non-recurring models. million to $22.5

Revenue 54

Revenue Valuation Churn Rate Portfolio 54

crowdSPRING Blog

APRIL 5, 2018

In fact, businesses expect to lose customers. There’s even a term for measuring that loss – churn rate. And, for obvious reasons, your business should aim to minimize the number of customers who disengage. The old saying goes, “It’s not personal, it’s just business.”

Small Business 66

Small Business Customer Churn Rate Design 66

andrewchenblog.com

JANUARY 28, 2010

To become profitable using a freemium business model, this simple equation must hold true: Lifetime value > Cost per acquisition + Cost of service (paying & free) Said in plain english, the lifetime value of your paying customers needs to be greater than the cost it took to acquire them, plus, the cost servicing all users (free or paying).

CPA 51

CPA Retention Viral Acquisition 51

Up and Running

MARCH 11, 2015

Then you can go and join networking groups, depending on what town or city, or country you live in. That’s going to help you put your financials together, and it’s also going to help because everybody loses customers, so in your model you have to be able to say what the retention rate is of that customer as well, and the churn rate.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60