Startup Professionals Musings

APRIL 14, 2021

At every Ritz-Carlton , employees are authorized to spend up to $2,000 per guest to solve a guest issue or improve a guest's stay, no matter what the cause. If I experienced that kind of benevolence at any business, I would be an advocate and loyal to the utmost. The objective of every business must be to do both for all to win.

Customer 432

Customer Social Media Dividend Technical Review 432

Steve Blank

SEPTEMBER 5, 2018

With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. But NewTV doesn’t plan on testing these hypotheses.

Lean 335

Lean Burn Rate Startup IPO 335

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 5, 2014

Consider the consequences of these monthly pricing possibilities: $0/mo means your goal is to maximize growth (trust and usage) instead of revenue. 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

Startup Professionals Musings

OCTOBER 28, 2013

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%. Marty Zwilling.

Software Review 250

Software Review Offshore Leadership .Net 250

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. What Makes Employees Productive in a New Startup? So what is it that makes employees productive in a new startup? Uncertainty.

Employee 127

Employee Product Startup Software Review 127

A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

No wait, I forgot, actually the question is: What happens when employee #2 makes off with your code and roadmap and marketing data and customer list, moves to Bolivia, and starts selling your stuff world-wide at one-tenth the price? But how does authority convert to revenue? The good news: There are good answers to these questions!

Software Review 325

Software Review Technical Review Development Team Review Bolivia 325

YoungUpstarts

JULY 17, 2013

I grew the business that I currently lead as CEO from a start-up to more than 60 million dollars in revenue in less than six years. My simple process has worked to spur growth and revenue for every business I have headed. Don’t settle for the “good enough” employee. Build a business model that scales.

Georgia 238

Georgia Atlanta Sales Cycle Business Model 238

Steve Blank

MARCH 31, 2014

Companies horde cash and squeeze the most revenue and margin from the money they use. The first will be commodity businesses that are valued for their ability to execute their current business model. The second class will be firms with a demonstrated ability to continually innovate and reinvent their business models.

Private Equity 330

Private Equity Metrics China Intellectual Property 330

Startup Professionals Musings

JUNE 9, 2012

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. The holy grail is break-even, when revenues first catch up with the outflow. For even more value, you should develop a financial model.

Forecast 238

Forecast Burn Rate .Net Business Model 238

YoungUpstarts

OCTOBER 23, 2019

It’s a well-known fact of business that customers must be the focus of a successful business model; hence the now-cliched idiom “the customer is always right”. But in this customer-focused model, some businesses make the mistake of neglecting to focus on their employees. Happy employees are more productive.

Employee 113

Employee Customer Software Review Salary 113

Startup Professionals Musings

MAY 27, 2013

Other elements of startup focus are a bit fuzzier, so let me zoom-in on some key ones here: Type of business model. Providing shoes for the poor is a laudable goal, but quite a different business than Zappos , which sells clothes profitably, and provides free shoes for the needy due to social consciousness.

Startup 257

Startup Technical Review Angel Investor China 257

Startup Professionals Musings

AUGUST 24, 2014

Other elements of startup focus are a bit fuzzier, so let me zoom-in on some key ones here: Type of business model. Providing shoes for the poor is a laudable goal, but quite a different business than Zappos , which sells clothes profitably, and provides free shoes for the needy due to social consciousness.

Entrepreneur 257

Entrepreneur Technical Review Angel Investor China 257

Startup Professionals Musings

FEBRUARY 8, 2023

For the rest of us, here is my prioritized list of key strategies that I believe every business leader can benefit from as a starting point in making the current inflation economy less of a negative impact on their business, or maybe even a pleasantly surprising positive: Solicit follow-on revenue from existing customers.

Technical Review 239

Technical Review Revenue Social Media Cost 239

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%. Marty Zwilling.

Software Review 192

Software Review Offshore Leadership .Net 192

Startup Professionals Musings

JULY 15, 2013

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. The holy grail is break-even, when revenues first catch up with the outflow. For even more value, you should develop a financial model.

Forecast 238

Forecast Business Plan Burn Rate .Net 238

Startup Professionals Musings

JUNE 21, 2020

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. A business only achieved critical mass by becoming cash-flow positive. Both have worked.

Revenue 434

Revenue Valuation Viral Retention 434

Startup Professionals Musings

MARCH 22, 2011

In reality, you need to set these projections as goals for your own use, to convince employees as well as investors that you have a business which is challenging, but achievable. The holy grail is break-even, when revenues first catch up with the outflow. For even more value, you should develop a financial model.

Forecast 230

Forecast Burn Rate Startup .Net 230

Startup Professionals Musings

AUGUST 8, 2022

Here is my summary of the ten top creativity mistakes we both still see too often: Criticize any new idea or employee suggestion. There is nothing wrong with a focus on making the current business model work better. Typical incentives give percentages of quarterly revenues and contribution as rewards for success.

Stock Options 277

Stock Options Incubator Framework Stock 277

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%. Marty Zwilling.

Software Review 166

Software Review Offshore Leadership .Net 166

Up and Running

JUNE 7, 2021

Today, however, we are witnessing a shift toward a more intrinsic motivation for both companies and their employees. 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.

Framework 191

Framework United States Vesting Employee 191

YoungUpstarts

APRIL 19, 2012

Between 2005 and 2007, Starbucks aggressively opened new store locations and made several operational changes that diluted its customer value proposition, diluted its high employee engagement culture, violated its real estate site selection controls, and weakened its high value-added ‘experience’ business model.

Dilution 209

Dilution Virginia Management Washington 209

The Startup Magazine

AUGUST 21, 2024

Understanding the importance of insurance for business is essential in safeguarding your operations and assets. Common business risks include: Financial Risks: These include changes in market conditions that can affect revenue streams. Employee training on cybersecurity best practices can further strengthen your defenses.

Technical Review 167

Technical Review Global Reputation Employee 167

YoungUpstarts

AUGUST 14, 2015

by Jack Narcotta, Devices Analyst at Technology Business Research. Lenovo’s modest overall revenue growth in calendar 2Q15 – 3.1% year-to-year revenue growth in calendar 3Q15 to $10.9 year-to-year to $10.7 Additionally, lower profits in PCs – operating profit fell 7.8% year-to-year to $7.3 and Europe. and Europe.

Revenue 100

Revenue Technical Review Lean Mobile 100

Duct Tape Marketing

JANUARY 4, 2024

Our deep dive into the world of email newsletters unveils tactical strategies for transforming subscribers into revenue-generating assets. Key Takeaways: Russell Henneberry provides the tactical strategies to transform subscribers into revenue. Russell also consults and trains employees of companies through his digital advisor program.

Revenue 96

Revenue Advertising Email ChatGPT 96

Up and Running

MAY 16, 2014

When problems requiring strong leadership occur, you may be reluctant to take charge and resolve the issues while your business continues to slip toward failure. Effective use of CRM can help keep your business from failing. Unprofitable Business Model. Poor Financial Management. AMC / via locatetv.com.

Small Business 157

Small Business Leadership Demand Small Business Administration 157

Startup Professionals Musings

NOVEMBER 6, 2019

Here is my summary of the ten top creativity mistakes we both still see too often: Criticize any new idea or employee suggestion. There is nothing wrong with a focus on making the current business model work better. Typical incentives give percentages of quarterly revenues and contribution as rewards for success.

Stock Options 236

Stock Options Incubator Framework Stock 236

Both Sides of the Table

JANUARY 4, 2014

The lack of team cohesion and respect for individuals has probably been one of the biggest weaknesses of Zynga – at least from nearly EVERY employee I’ve ever talked to who worked there. He felt the CEO was willing to “sell his soul” for revenue and wanted things to be more pure.

Founder 340

Founder Cofounder Sacramento Technical Review 340

A Smart Bear: Startups and Marketing for Geeks

JANUARY 24, 2011

The convenience of online shoe shopping is a game-changer — to the tune of billions of dollars of revenue — but how could they make up the costs ? Easy to attract passionate employees. Turning a profit at a growing company is nearly impossible regardless of business model. Word-of-mouth by definition.

Intellectual Property 242

Intellectual Property Open Source Bandwidth IP 242

Gust

AUGUST 17, 2014

Other elements of startup focus are a bit fuzzier, so let me zoom-in on some key ones here: Type of business model. Providing shoes for the poor is a laudable goal, but quite a different business than Zappos , which sells clothes profitably, and provides free shoes for the needy due to social consciousness.

Entrepreneur 182

Entrepreneur Technical Review Angel Investor China 182

YoungUpstarts

NOVEMBER 4, 2020

Brick and mortar type businesses were forced in many states to close their doors for the safety of their patrons and employees. Doing so also closed their doors to a source of revenue they relied heavily on to keep their business alive and operating.

Technical Review 279

Technical Review United States eCommerce Due Diligence 279

Steve Blank

OCTOBER 24, 2016

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Services (Cloud, ads, music) have a very different business model. Microsoft executed its 20 th -century business model extremely well, but it missed the new and more important ones.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Services (Cloud, ads, music) have a very different business model. Microsoft executed its 20 th -century business model extremely well, but it missed the new and more important ones.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

VC Cafe

FEBRUARY 27, 2024

especially if the startup already has a product and revenue? To reduce the impact of dilution, the expectation is that startup valuation should more or less double between the pre-seed to the seed, and seed to series A (ideally backed by reasonable traction/ revenue multiples). A founder asked me what makes a $2M round “pre-seed”?

Valuation 186

Valuation Software Review Generative AI Technical Review 186

YoungUpstarts

MAY 13, 2014

These two childhood friends saw how busy and exhausted new parents were and identified the need for a convenient way to purchase diapers. In 2010, Diapers.com brought in an estimated $300 million in revenue. Many companies started out as niche businesses and then expanded into other markets. Know Your Total Addressable Market.

Pennsylvania 224

Pennsylvania Retention Differentiation Reputation 224

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. Plan for a real revenue model.

Business Model 273

Business Model Customer Angel Investor Bootstrapping 273

YoungUpstarts

JUNE 4, 2019

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. Revenue Architecture. A comprehensive revenue architecture should be designed to enable a startup to generate and monetize awareness, engagement and usage.

Framework 127

Framework Architecture Cleveland Early Stage 127

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