Startup Professionals Musings

JUNE 26, 2020

Thus I offer the following outline for how to organize and present your business plan, with specific examples: Start with outlining the customer problem, and your solution. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” Use non-fuzzy terms to quantify customer value.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

NOVEMBER 2, 2022

Implement a modern real business model. Even non-profits need revenue to cover their costs, and continue to provide services. Too many entrepreneurs put all their resources in one big make-or-break effort they can’t measure, or they count on word-of-mouth and viral marketing, which are totally unpredictable.

Forecast 304

Forecast Stock Options Technical Review Metrics 304

Both Sides of the Table

MAY 23, 2012

Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. The most successful of these businesses will still need venture capital to scale their businesses. We have lower costs to create companies – leading to more early stage innovation. And the future?

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Startup Professionals Musings

AUGUST 27, 2014

Implement a modern real business model. Even non-profits need revenue to cover their costs, and continue to provide services. Too many entrepreneurs put all their resources in one big make-or-break effort they can’t measure, or they count on word-of-mouth and viral marketing, which are totally unpredictable.

Startup 283

Startup Forecast Stock Options Technical Review 283

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 5, 2014

” How many times have you heard someone agree that “it would be great if someone did X,” but when show them someone did do X, but it costs $39.99, they don’t buy? Your product is designed with natural tripwires to trigger other pricing ( Freemium model ), or not (business model left as an exercise to your future self).

Bootstrapping 294

Bootstrapping Technical Review B2C Sales Cycle 294

SoCal CTO

MARCH 11, 2013

How much is it costing you to get users? As Steve Blank likes to say: A Startup Is a Temporary Organization Designed to Search for A Repeatable and Scalable Business Model The unfortunate reality is - an MVP is not the above! How much are you making from your users?" " And other similar questions.

Algorithm 264

Algorithm Metrics Viral Venture Capital 264

VC Cafe

MARCH 16, 2025

Attractive Consumer Opportunities in 2025 and Beyond While there hasn’t been a blockbuster IPO for consumer tech companies (mobile apps, B2C model startups) that matches the scale of Uber, Airbnb, Roblox, DoorDash, or Unity over the past 5 years, it feels like the momentum for consumer tech is rapidly changing.

Technical Review 78

Technical Review B2C Generative AI IPO 78

Startup Lessons Learned

DECEMBER 14, 2009

Lessons Learned by Eric Ries Monday, December 14, 2009 Business ecology and the four customer currencies Lately, I’ve been rethinking the concept of “business model&# for startups, in favor of something I call “business ecology.&# Constructing a working business model is a form of ecosystem design.

Customer 156

Customer San Francisco Viral Lean 156

A Smart Bear: Startups and Marketing for Geeks

JULY 23, 2013

I know the argument: The pay-back period on sales, marketing, and up-start costs is long, but there’s a profitable result at the end of the tunnel. So no, this upside-down business model isn’t what a SaaS business should construct. So these costs are amortized over the customers you do land.

Business Model 335

Business Model .Net Revenue IPO 335

The Next Web

AUGUST 19, 2013

Customer Acquisition Cost or CAC is how much money you can spend to get someone to become a customer. There is logic behind your thinking of how to determine which CAC is right for your business model. Direct sales take a lot of their time, which will cost your budding business. LTV ­ CAC = ROI.

Belarus 137

Belarus Viral Channel Startup 137

Startup Professionals Musings

FEBRUARY 17, 2018

Implement a modern real business model. Even non-profits need revenue to cover their costs, and continue to provide services. Too many entrepreneurs put all their resources in one big make-or-break effort they can’t measure, or they count on word-of-mouth and viral marketing, which are totally unpredictable.

Forecast 161

Forecast Stock Options Technical Review Metrics 161

Startup Professionals Musings

JUNE 30, 2012

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. So how do you go about proving the business model? Changes at this stage cost almost nothing.

Business Model 248

Business Model Advisory Board Entrepreneur Angel Investor 248

Startup Professionals Musings

JANUARY 29, 2011

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 246

Business Model Distribution Viral Green 246

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model. Cost structure.

Business Model 256

Business Model Distribution Viral Green 256

Startup Professionals Musings

MAY 14, 2012

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 242

Business Model Distribution Viral Green 242

Startup Professionals Musings

AUGUST 4, 2013

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. So how do you go about proving the business model? Changes at this stage cost almost nothing.

Business Model 235

Business Model Product Advisory Board Angel Investor 235

Startup Professionals Musings

APRIL 15, 2011

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. So how do you go about proving the business model? Changes at this stage cost almost nothing.

Business Model 234

Business Model Advisory Board Startup Angel Investor 234

Startup Professionals Musings

MAY 27, 2016

Beyond basic business and technical credentials, here are some of the key startup team attributes that every investor is looking for: Team shows an appreciation and plan for marketing. Similarly, mentioning viral marketing without specifics won’t assure fundability. Plan includes a business model with good margins.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

Startup Professionals Musings

APRIL 3, 2016

I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Assume passion level defines business opportunity.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

Startup Professionals Musings

APRIL 1, 2015

I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Assume passion level defines business opportunity.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

Startup Professionals Musings

SEPTEMBER 28, 2015

If the elements of your business aren't expertly developed and aligned, even the best dream will be in jeopardy. Such failures ignore the essential business elements investors look for before committing to a startup. In the real world, marketing initiatives that go viral cost big money and effort for their innovation and execution.

Exit Strategy 120

Exit Strategy Technical Review Distribution Viral 120

Startup Professionals Musings

SEPTEMBER 9, 2015

Implement a modern real business model. Even non-profits need revenue to cover their costs, and continue to provide services. Too many entrepreneurs put all their resources in one big make-or-break effort they can’t measure, or they count on word-of-mouth and viral marketing, which are totally unpredictable.

Startup 120

Startup Forecast Stock Options Technical Review 120

Up and Running

JULY 10, 2017

Different sources define freemium as a business model or a pricing strategy. I suspect we’ll get rid of the freemium model at some point soon as there’s no real benefit. You’re not going to go viral Dropbox style, so having a freemium model doesn’t really work. Freemium isn’t free.

Startup 110

Startup Non-Compete Viral Software Review 110

Startup Professionals Musings

OCTOBER 21, 2020

Driven by the current pandemic, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. It's far less expensive to nail down repeat business from your existing customers than it is to land new ones. Examine every cost center in your business.

Viral 430

Viral Revenue Distribution Cloud 430

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or to optimize this search. to optimize this search.

Wiki 319

Wiki Lean Management Business Model 319

Startup Professionals Musings

JUNE 21, 2020

Most modern investors still look for a business model that embodies a gross margin over 50%, and a net margin in the 20% range. A healthy business, ready to scale, has been doing this for a year or more, with an existing customer set generating a non-trivial and growing revenue stream.

Revenue 434

Revenue Valuation Viral Retention 434

Startup Professionals Musings

MAY 1, 2021

Truly satisfied customers are a joy to every business person. A business model that works. Word of mouth advertising and viral marketing cost big bucks these days so budget for it. Watching the orders come in, or the product moving off the shelf, is the feedback you have been looking for. Marketing is top priority.

Sweat Equity 400

Sweat Equity Intellectual Property Startup Viral 400

Steve Blank

APRIL 20, 2021

Note that if you’re familiar with the business model canvas, Steps 1-4 below are equivalent to a visual map of the choices a founder makes as they develop a business model canvas. Every additional sales channel costs resources and increases scope. Step 5 and 6 leads you to selecting the right MVPs.).

Product 436

Product Viral Channel San Francisco 436

Both Sides of the Table

FEBRUARY 3, 2011

The first did a “purchase credits&# model like iStockphoto where you then burn down the credits you bought. They realized for them this was dumb because people didn’t want to use up their credits so viral adoption wasn’t happening quickly enough. They switched to a flat rate model and sharing went up immediately.

Viral 303

Viral Investment Bankers Video Business Model 303

A Smart Bear: Startups and Marketing for Geeks

APRIL 16, 2013

Seems like every third startup nowadays is using the “Freemium” business model: The lowest service tier is free, and the business is designed to get those users hooked and then upgrade to a paid plan. Which means it costs 20-100x as much on marketing campaigns to achieve the equivalent revenue.

Marketing 318

Marketing Viral Campaign Business Model 318

Startup Professionals Musings

MAY 30, 2021

Yet there are big challenges to hyperlocal, at least for consumer-focused hyperlocal startups, according to Sean Barkulis, Founder of UPlanMe, whose initial consumer-focused business model was an early casualty, writing in Street Fight : Every site requires real curated local content to engage users. Getting these users costs money.

Finder 361

Finder Startup Curation Seattle 361

mashable.com

OCTOBER 27, 2010

Movies music myspace ONLINE VIDEO politics pop culture privacy Search small business social good social media social networking social networks software sports tech television trending tv twitter verizon video video games viral video web video Wordpress Yahoo youtube Join More Than 2.9 PM OK, agree. What will you find here?

Small Business 104

Small Business Technical Review Social Media Software Review 104

Duct Tape Marketing

MAY 18, 2023

09:42] Was there a point in time when you decided to use newsletters to fit your business model or you started it as a normal standard digital marketing tactic? [11:10] Did you, was there a point in time where you said, I'm gonna go all in on newsletter, this is, you know, this is how it's going to fit my business model?

ChatGPT 99

ChatGPT Advertising Email Viral 99

Startup Professionals Musings

APRIL 5, 2010

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. So how do you go about proving the business model? Changes at this stage cost almost nothing.

Business Model 120

Business Model Advisory Board Angel Investor Channel 120

YoungUpstarts

FEBRUARY 14, 2017

Your Pivot is likely to cost money and time. Business architecture pivot. There are two types of business architectures: High Volume, Low Margin which is a volume-based business and High Margin, Low Volume which is a complex business model. You are not able to do successfully do both at the same time.

Technical Review 157

Technical Review Architecture Revenue Channel 157

Gust

SEPTEMBER 13, 2011

The “system” as it existed at the time broke down, with every point of failure costing innocent lives. The primary answer, in my view, lies in the vastly divergent cultures of startups vs. established businesses. Large companies focus on protecting and expanding upon their existing successful business.

Startup 98

Startup Silicon Valley Reputation Community 98

mashable.com

SEPTEMBER 14, 2011

Clearly Define Your Business Model While this may sound like a trivial task, young startups often have an exciting and innovative product, but no real plan for monetizing it. It’s critical to establish this component of your business before thinking seriously about growth. in place before you expand.

France 77

France Marketing Social Media Startup 77