Duct Tape Marketing

NOVEMBER 2, 2023

The rising importance of predictive AI-driven analytics became clear, hinting at a future where forecasts will shape decisions. I should have gotten on the partner train. At the time when I was joining, I was running a startup of my own and making a living but not going anywhere. So it's a billion dollar business at this point.

Metrics 72

Metrics Analytics Forecast Software Review 72

Steve Blank

NOVEMBER 16, 2009

However the Customer Development Model and the Lean Startup work equally well for startups on the web. Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses.

Customer Development 228

Customer Development Web Developer Customer 228

Hearpreneur

OCTOBER 10, 2023

In the realm of great business ideas, a well-crafted business plan takes center stage. It's your persuasive pitch to potential investors, outlining your startup's objectives and profitability strategy. Thanks to Evan Tunis, Florida Healthcare Insurance ! #2- Thanks Stephanie Venn Watson, Fatty15 ! #9-

Business Plan 131

Business Plan Jordan Entrepreneur Florida 131

The Startup Magazine

MARCH 29, 2024

Designing Your Business Model Crafting a business model is like building a blueprint for your venture. Start by defining your key resources, activities, and partners. Revenue streams are another critical component of your business model. It outlines how you plan to create, deliver, and capture value.

Intellectual Property 154

Intellectual Property Angel Investor Business Model Bootstrapping 154

Up and Running

APRIL 27, 2020

There’s a great amount of uncertainty, people losing their jobs, and a direct hit on cash flows that can place businesses in dire straights. Current businesses are finding ways to pivot their business models, revisiting their budgets, and developing new forecasts to minimize their burn rate and maximize their available cash runway.

Software Review 113

Software Review Lean Forecast Business Plan 113

Steve Blank

APRIL 8, 2010

I think my startup is going to fail even before I get funded.” He said, “After we graduated we took our great idea, holed up in my apartment and spent months researching and writing a business plan. Why a business plan is different than a business model. Over coffee he said, “I need some cheering up. It’s static.

Business Model 333

Business Model Business Plan Customer Cap Table 333

Up and Running

JUNE 25, 2020

Giving back to your community and being socially responsible is a great way to grow your brand and showcase your business values. You could even look to partner with other businesses with similar nonprofit interests to promote greater change. Treat any new income stream as an expansion of your business.

Small Business 180

Small Business Hosting Social Media Community 180

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Capacity Capital, Greater Colorado Venture Fund, Indie.VC, Reformation Partners, UP Fund, Versatile VC. FLEXIBLE VC VS. OTHER VENTURE CAPITAL MODELS.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

YoungUpstarts

JANUARY 31, 2017

Every small business should be focused on the future, and that means building innovation into internal processes. To remain competitive against big corporations and an endless stream of internet startups, companies looking for growth must produce new products and services to engage new markets. Innovate for Progress.

Small Business 100

Small Business SMS Bandwidth Cloud 100

Up and Running

MARCH 11, 2015

Fortunately, many of the top VCs share their thoughts on their blogs and are full of advice for startups, both big and small. Eric Ries of The Lean Startup has called Andrew Chen’s blog “one of the best entrepreneurship blogs of all time.” This is the home of Jason Cohen, software startup founder, bootstrapper, investor, and mentor.

Venture Capital 60

Venture Capital Technical Review Silicon Valley Cofounder 60

Startup Professionals Musings

FEBRUARY 13, 2016

Entrepreneurs who are looking to attract investors need to develop and pitch a plan -- preferably written -- that answers every potential investor question about your startup before it is asked. What is the business problem you are solving? How does your business model make money?

Sweat Equity 120

Sweat Equity Advisory Board Liquidity Event Startup 120

Up and Running

AUGUST 28, 2018

You should go into this thinking about your business plan as a living document, not something you do once and then file away forever. Revisit and update it regularly by comparing your forecasts to your actuals and adjusting as necessary. First, your business plan laid out the opportunity at hand. Be specific. Operations.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? Here’s an attempt to put this all in context.

Search 327

Search Business Model Customer Development Agile 327

Up and Running

AUGUST 30, 2017

You want to review all the different components of your business model. This description should basically be an elevator pitch for potential partners and business investors to get excited about what you’re offering and your unique location, philosophy, and approach. What is your business model?

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Up and Running

FEBRUARY 12, 2019

I’ve seen hundreds of startups pitch to angel investors and venture capitalists, and most of them—at best— are just okay. Outline your business model. Your business model tells an investor how your idea will (or does) convert into being economically viable. How much do they pay? And, h ow do they pay you?

Sweat Equity 122

Sweat Equity Churn Rate Elevator Pitch Forecast 122

VC Cafe

NOVEMBER 2, 2019

Forecasting is sometimes done by dragging the mouse based on many assumptions, because it’s hard to predict the future. While there isn’t a single magic number or set formula, understanding industry benchmarks can be really helpful to keep a finger on the pulse to measure the health of the company and make more informed forecasts.

B2C 141

B2C Technical Review Startup Retention 141

Steve Blank

JUNE 18, 2013

Ten years ago I started thinking about why startups are different from existing companies. I wondered if business plans and 5-year forecasts were the right way to plan a startup. So what would a search process for a business model look like? In 2004 I funded IMVU, a startup by Will Harvey and Eric Ries.

Lean 296

Lean Agile Customer Development Business Model 296

Up and Running

OCTOBER 30, 2017

This article is part of our “ Business Startup Guide ”—a curated list of our articles that will get you up and running in no time! People often ask us for a list of steps they can use to start their own business. From business type to business model to physical location, there are so many variables!

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

Steve Blank

DECEMBER 7, 2010

I’ve introduced a new class at Stanford to teach engineers, scientists and other professionals how startups really get built. Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.).

Wiki 319

Wiki Lean Management Business Model 319

Startup Professionals Musings

JANUARY 31, 2011

These days, I’m hearing more and more about Location-Based Services (LBS) as the next big opportunity for startups. LBS data can not only give you information to drive the relationship, but you can also use it to identify your sales reps with similar interests and partner them with the prospect. Marty Zwilling.

B2B 227

B2B Startup Angel Investor Forecast 227

VC Cafe

FEBRUARY 7, 2011

to nearly 5% of the total retail market, with a forecasted continuous increase. Today, eCommerce companies can scale up faster than almost any other consumer business model. This is due in part to the relatively simple and immediate validation of business models that are not fully dependent on advertising.

eCommerce 94

eCommerce Open Source SEM Technical Review 94

Steve Blank

JULY 28, 2011

This approach would shape Silicon Valley’s entrepreneurial ethos: In startups, failure was treated as experience (until you ran out of money). The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. And it will lead to more startups and job creation.

Engineer 288

Engineer Silicon Valley United States Intellectual Property 288

Startup Professionals Musings

SEPTEMBER 3, 2013

LBS data can not only give you information to drive the relationship, but you can also use it to identify your sales reps with similar interests and partner them with the prospect. All you need is an innovative idea and viable business model to get your startup in line for the real mainstream. Marty Zwilling.

B2B 210

B2B Angel Investor Forecast Global 210

Steve Blank

JUNE 18, 2013

Ten years ago I started thinking about why startups are different from existing companies. I wondered if business plans and 5-year forecasts were the right way to plan a startup. So what would a search process for a business model look like? In 2004 I funded IMVU, a startup by Will Harvey and Eric Ries.

Lean 188

Lean Agile Customer Development Business Model 188

Up and Running

NOVEMBER 10, 2015

” As the managing editor of Bplans, I’ve had the good fortune to learn about business via the content we share; through interviews with LivePlan customers and other business owners; and thanks to brilliant, informal coaching from people like Tim Berry, Noah Parsons, and the rest of the executive leadership team at Palo Alto Software.

Curation 60

Curation Lean Software Review Finder 60

Up and Running

JANUARY 24, 2014

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 138

Sweat Equity Churn Rate Forecast Business Model 138

Up and Running

MAY 30, 2022

In fact, one of the top reasons why new businesses fail is due to bad business planning. And it’s not just for startups. Established businesses benefit greatly from revisiting their business plan. This includes financial statements such as your profit and loss, cash flow, balance sheet, and sales forecast.

Business Plan 150

Business Plan Balance Sheet Revenue Metrics 150

genylabs.typepad.com

SEPTEMBER 24, 2011

Small Business Labs. Tracking and Forecasting the Trends Impacting the Future of Small Business. Welcome to Small Business Labs. Small Business Labs, from Emergent Research , covers the key social, technology and business trends impacting small business. Small Business Blogs. Emergent Research.

Equity 40

Equity Technical Review San Jose Stock 40

Startup Professionals Musings

AUGUST 2, 2012

LBS data can not only give you information to drive the relationship, but you can also use it to identify your sales reps with similar interests and partner them with the prospect. All you need is an innovative idea and viable business model to get your startup in line for the real mainstream. Marty Zwilling.

B2B 206

B2B Angel Investor Mobile Forecast 206

Up and Running

AUGUST 21, 2018

Lean Planning is a faster and better business plan solution. Lean Planning is a 4-step process that helps you discover a business model that works and manage a company successfully. If you’re a startup. Business model: how you’re going to make money. Your business strategy. Key partners and resources.

Lean 134

Lean Forecast Software Review Business Plan 134

Up and Running

FEBRUARY 12, 2022

A long-term business plan like this is different from a traditional business plan in that it’s lighter on the details and more focused on your strategic direction. It has less focus on financial forecasting and a greater focus on the big picture. It’s also the easiest to update and share with business partners.

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

Steve Blank

JANUARY 10, 2011

In a startup “Good news needs to travel fast, but bad news needs to travel faster.”. Yet for a startup a cover-up culture is death. In a startup founders and the board need to do exact the opposite of a large company – failures need to be shared, discussed and dissected to extract “lessons learned” so a new direction can be set.

Forecast 271

Forecast Agile Founder Revenue 271

Startup Professionals Musings

AUGUST 13, 2012

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Marketing, sales, and partners. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Startup Professionals Musings

MAY 13, 2011

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Marketing, sales, and partners. Convince investors that you have lined up sales channels, strategic partners, and a viable marketing strategy.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

www.forentrepreneurs.com

FEBRUARY 2, 2010

Blog About Log in Register Designing startup metrics to drive successful behavior Great companies are almost always run by great management teams. The company has just missed its quarterly revenue forecast. This is applicable to other subscription businesses such as Open Source.)

Metrics 55

Metrics Design Entrepreneur Startup 55

Up and Running

AUGUST 12, 2016

Rough out your business model. Identify any partners or other companies whose support you may need. It’s best to start small and adapt as you learn more, so do factor that in as you work out your startup costs! Create a sales forecast. Create a cash flow forecast. Figure out what your team will look like.

Forecast 60

Forecast Audience Channel Business Model 60

Tim Keane

FEBRUARY 3, 2010

Startups and angels: Along the way to success.   For an example written by a VC, see A Startups Guide to Market Sizing from DocStoc. .    For an example written by a VC, see A Startups Guide to Market Sizing from DocStoc.   A bottom up market model goes something like this.

Marketing 116

Marketing Wisconsin Startup Angel Investor 116