Startup Professionals Musings

JUNE 17, 2011

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. A great business often starts with one person, but it doesn’t end there.

Intellectual Property 253

Intellectual Property Sweat Equity Fractional CTO CTO Hire 253

Startup Professionals Musings

MARCH 21, 2020

If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors. Excuse the typos and cleanup -- I’ve been too busy to finalize.” Don’t send investors documents and notes that would be rejected by any high-school teacher.

Technical Review 310

Technical Review Angel Investor Business Plan Social Media 310

Startup Professionals Musings

JANUARY 7, 2013

The market and venture capitalists are looking for business, but with a continuing focus on proven business models. Your friends and family are really the only answer until you have a significant revenue stream. Follow with a killer executive summary, investor presentation, and financial model.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Startup Professionals Musings

SEPTEMBER 24, 2014

If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors. Excuse the typos and cleanup that I’ve been too busy to finalize.” Don’t send investors documents and notes that would be rejected by any high-school teacher.

Entrepreneur 299

Entrepreneur Technical Review Business Plan Angel Investor 299

Gust

APRIL 27, 2014

Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Professionals Musings

MAY 22, 2010

Here are some tips which will signal traction to investors, as well as your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. Don’t expect them to believe your $100M revenue projection, if you are still waiting for the first revenue dollar.

Intellectual Property 222

Intellectual Property Sweat Equity Fractional CTO CTO Hire 222

Startup Professionals Musings

DECEMBER 18, 2022

If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors. Excuse the typos and cleanup -- I’ve been too busy to finalize.” Don’t send investors documents and notes that would be rejected by any high-school teacher.

Business Plan 273

Business Plan Technical Review Angel Investor Social Media 273

Steve Blank

APRIL 21, 2011

Their week 6 business model now looked like this: . Last week we challenged the team that unless they developed hardware which could tell the difference between a weed and a plant, their business model would be just another set of PowerPoint slides. Should they look at the Document Management market?

Channel 234

Channel Artificial Inteligence San Francisco Business Model 234

Startup Professionals Musings

AUGUST 28, 2019

Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks. One 11-year classic study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%.

Software Review 192

Software Review Offshore Leadership .Net 192

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 7, 2013

This is the fifth article in a series on novel ideas for SaaS metrics, which started with The unprofitable SaaS business model trap , COC: a new metric for cancellations , The mistake of 1/c in LTV , and SSEBITDA: Steady-state profit metric. Documented in this great SaaS metrics overview by David Skok.)

Metrics 244

Metrics Technical Review Revenue Cost 244

Up and Running

DECEMBER 6, 2012

Lean Planning is a set of tools for discovering a business model that works, building an action plan to test your assumptions, creating financial models and a plan for a viable business, and tracking your performance so you can adjust your plan on the fly, quickly and easily. Do startups have a manual?

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Both Sides of the Table

MAY 7, 2011

Working with writers to create documentation. As an example, Joel says that there is a chief revenue officer who is solely responsible for bringing in revenue to StackExchange. He is responsible for bringing in revenue from advertising and their careers offering. Communicating with the developers who write code.

Software Review 285

Software Review Software St. Louis API 285

Startup Professionals Musings

SEPTEMBER 9, 2017

Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks. One 11-year classic study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%.

Software Review 166

Software Review Offshore Leadership .Net 166

Startup Lessons Learned

JANUARY 10, 2011

I hear similar things for pre-revenue startups that are on schedule, on time, and on budget - even though they are busy building something that nobody wants. (In Therefore, if you want to sell IMVU one day, you’ll need to abandon your business model, even though it’s generating a lot of revenue per customer.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

Steve Blank

MAY 6, 2015

Founders assumed they understood customer problems/needs, wrote engineering requirements documents, designed the product, implemented /built the hardware/software, verified that it worked by testing it, and then introduced the product to customers in a formal coming out called first customer ship. Generating Hypotheses. Testing Hypotheses.

Lean 120

Lean Agile Business Model Customer Development 120

A Smart Bear: Startups and Marketing for Geeks

JULY 23, 2013

Marketo filed for IPO with impressive 80% year-over-year growth in 2012, with almost $60m in revenue. of revenue, force-feeding sales pipelines with an unprofitable product. So no, this upside-down business model isn’t what a SaaS business should construct. SaaS companies earn their revenue over time.

Business Model 335

Business Model .Net Revenue IPO 335

VC Cafe

MARCH 1, 2024

Eliminating middlemen in healthcare – from using AI to automate repetitive human jobs to exploring new and better business models for providing care. Digital Wallets – Digital wallets could grow select vertical software platforms’ revenues to $27-$50bn in 2030. trillion by 2030.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

ReadWriteStart

JUNE 1, 2020

Funding might be a need in some cases — but it’s not an absolute necessity. ? The business should be self-sustainable. The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Incubators and Accelerators.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

YoungUpstarts

OCTOBER 19, 2017

The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. The objective of a start-up is to discover a business model that works. This process continues until a viable product (and business model) can be discovered.

Product Development 153

Product Development Lean Developer Product 153

Startup Professionals Musings

JANUARY 28, 2015

Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks. One 11-year study of over 200 companies, detailed in “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%.

Founder 120

Founder Software Review Offshore Startup 120

ReadWriteStart

JULY 7, 2021

Various business models in an on-demand courier delivery app. Business to Consumer (B2C) – It is the most common type of business model. User-friendly courier delivery apps ensure round-the-clock fulfillment of parcels to customers across different locations. .

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Up and Running

JULY 22, 2014

A profit and loss statement is essentially an explanation of how your business made a profit (or incurred a loss) over a certain period of time. It’s a table that lists all of your revenue streams and all of your expenses—typically for a three-month period—and lists at the very bottom the total amount of net profit or loss.

Balance Sheet 148

Balance Sheet Forecast Equity .Net 148

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. In an existing corporation, the business plan is the execution document for sustaining innovation.

Business Model 270

Business Model Customer Development Utah Business Plan 270

Up and Running

JUNE 7, 2021

The shift toward business models that embrace social responsibility raises questions about how financially sustainable it is to dedicate resources and employee energy to doing good in the world. Some may argue that such efforts are best left to individuals, not businesses. How to approach social responsibility in business.

Framework 191

Framework United States Vesting Employee 191

The Next Web

SEPTEMBER 22, 2013

If you have co-founders, make sure you document who owns what, how you’re going to pay yourselves, and who makes what decisions. 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.”.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

ReadWriteStart

JUNE 8, 2021

After launching a new startup, you’ll be interested in growing the business as quickly as possible, thus generating more revenue, securing more stability, and improving your reputation as well. Every business has potential productivity woes, but startups have some special issues unique to them, including: 1.Limited

Employee 127

Employee Product Startup Software Review 127

Up and Running

MAY 10, 2021

Your app may cost you money, but the revenue it generates may justify the budget. You can start by researching your competitors to gain an understanding of cost structure, revenue generation, and the business model for your app. What has your revenue been for the last 1-3 years? How well documented is your code?

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

Startup Professionals Musings

APRIL 21, 2012

The implications of the decision you make are huge, defining your brand image, your funding requirements, and your long-term business viability. The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. Razor blade model.

Business Model 282

Business Model Revenue Portfolio Differentiation 282

Startup Professionals Musings

MARCH 5, 2018

If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors. Excuse the typos and cleanup -- I’ve been too busy to finalize.” Don’t send investors documents and notes that would be rejected by any high-school teacher.

Technical Review 157

Technical Review Angel Investor Business Plan Social Media 157

Startup Professionals Musings

AUGUST 31, 2014

The implications of the decision you make are huge, defining your brand image, your funding requirements, and your long-term business viability. The revenue model you select is basically the implementation of your business strategy, and the key to attaining your financial objectives. Razor blade model.

Revenue 287

Revenue Startup Business Model Retention 287

Growthink Blog

JULY 23, 2013

A good business owner will have a contingency plan set up which allows the company to continue, even if an entire physical location was lost. Situation #3: One Revenue Stream One of the biggest mistakes many businesses make is relying too heavily on one customer or revenue stream.

Revenue 115

Revenue Security Acquisition Business Model 115

Growthink Blog

DECEMBER 27, 2017

In describing the competitive landscape, show how your business model creates competitive advantages, and – more importantly – defensible barriers to entry. Be sure to document the specifics of the partnerships (e.g. Financial Plan Goal of the financial plan: Explain how your business will generate returns for your investors.

Venture Capital 129

Venture Capital Business Plan Technical Review Private Placement 129

Startup Professionals Musings

NOVEMBER 27, 2015

Big-bang hard launches make sense for large enterprises like Apple or Microsoft, who are building on existing revenue streams and have the resources for lavish events, Superbowl ads and large inventory buildups. Small real revenue today is better than large later projections. Partners and distribution channels will take you seriously.

Hockey Stick 120

Hockey Stick Startup Stealth Agile 120

David Teten

AUGUST 19, 2019

A new wave of Revenue-Based Investors are emerging who are using creative investing structures with some of the upside of traditional VC, but some of the downside protection of debt. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. So what is Revenue Based Investing?

Revenue 60

Revenue Term Sheet Founder Technical Review 60

Duct Tape Marketing

SEPTEMBER 26, 2024

You could choose our system to move from vendor to trusted advisor, attract only ideal clients, and confidently present your strategies to build monthly recurring revenue. There are literally companies that dedicate their entire business model just to saving the password. It's the best investment I ever made. (00:16):

Software Review 80

Software Review Security Distribution IP 80

Startup Professionals Musings

MARCH 7, 2016

As a result, Google has become a verb, and the company is a tech giant with record growth rates and a revenue of $74.5 Many other companies have followed a similar set of execution principles which I believe are required for business success, no matter how great the idea: Tune the business model to optimize value for all constituents.

Technical Review 120

Technical Review Architecture Agile Business Model 120

Startup Professionals Musings

MAY 8, 2016

Now let’s talk about the basic components of a business plan. Since this document is outward facing, it is important to keep the terminology and tone consistent with that of your customer set, investors, and business partners. Provide details on the business model.

Business Plan 120

Business Plan Product Architecture Startup 120