ReadWriteStart

OCTOBER 2, 2023

It’s disheartening, but sadly, this is one experience that many startup founders face. I understand the struggles that come with being a startup founder. A SaaS UX design that is intuitive, efficient, and enjoyable can significantly impact user satisfaction, retention, and overall success.

Design 105

Design Product Churn Rate Architecture 105

Duct Tape Marketing

MAY 30, 2024

Chris Martinez is the CEO and founder of DUDEAgency.io, a business he grew from scratch into a multimillion-dollar success, earning accolades such as the Stevie Award for Minority-Owned Business of the Year and a Silver Medal for Most Innovative Company Under 100 Employees. [10:51] If anything, it was like a retention strategy.

Mexico 73

Mexico Churn Rate San Diego Technical Review 73

Gust

AUGUST 24, 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.

Revenue 184

Revenue Startup Retention Internet 184

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

crowdSPRING Blog

NOVEMBER 30, 2012

How Small Businesses Can Compete with Big Business – [link]. crowdSPRING’s Small Business Spotlight of the Week: mor.sl | crowdSPRING Blog – [link]. The Founders Lie About Comfort Zones – [link]. How To Choose A Market For Your Startup Or Small Business – [link]. Just got acquired?

Social Media 100

Social Media Small Business Central African Republic Design 100

Startup Professionals Musings

MAY 23, 2013

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.

Product 290

Product Revenue Business Model Retention 290

View from Seed

MAY 16, 2019

One of the key questions for me was how might Slack stack up against other great SaaS companies when it comes to average revenue per user (ARPU), and how ARPU and total addressable market (TAM) might drive Slack’s long run market cap. Revenue growth rate of 82% year over year. 10M+ daily active users (DAUs). So Slack generated $1.43

Lock-up Period 168

Lock-up Period Retention Azure .Net 168

YoungUpstarts

DECEMBER 5, 2013

by Aneace Haddad, CEO & Founder, Taggo. Of course incumbents cannot be expected to jeopardize their revenue streams or investments in CRM platforms with new concepts that wipe out the need for their current solutions. Too much was at stake, we couldn’t afford the risk of destabilizing everything and losing substantial revenue.

Programming 150

Programming Turkey Social Media Redemption 150

View from Seed

SEPTEMBER 11, 2019

At NextView we invest across the spectrum of seed stage companies so roughly 1/3rd of the companies we invest in are pre-product, roughly 1/3rd are post-product but pre-revenue, and perhaps 1/3rd have some very early revenue. You’re obviously not showing charts of user growth, number of customers, or revenue.

Seed Stage 149

Seed Stage B2B Seed Capital Revenue 149

Hippoland

AUGUST 8, 2018

At Hustle Fund, we back both first time founders as well as repeat founders. One thing I’ve noticed is that almost every repeat, previously-successful-founder focuses on the same thing for their respective startups: customer acquisition. You will use your fridge for a decade or more so the retention here is high.

Founder 48

Founder Sales Cycle Affiliate Retention 48

Hippoland

AUGUST 8, 2018

At Hustle Fund, we back both first time founders as well as repeat founders. One thing I’ve noticed is that almost every repeat, previously-successful-founder focuses on the same thing for their respective startups: customer acquisition. You will use your fridge for a decade or more so the retention here is high.

Founder 48

Founder Sales Cycle Affiliate Retention 48

Agile VC

MAY 16, 2019

One of the key questions for me was how might Slack stack up against other great SaaS companies when it comes to average revenue per user (ARPU), and how ARPU and total addressable market (TAM) might drive Slack’s long run market cap. You can see this both by looking at a cohort “layer cake” graph or by examining the net dollar retention.

Lock-up Period 100

Lock-up Period Retention Azure .Net 100

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

Customer 167

Customer San Francisco Lean Hockey Stick 167

SoCal CTO

OCTOBER 8, 2009

Normally, when I am talking to the founder of any startup trying to figure out what they need to do, one of the things I always try to do is understand their business at its core. This kind of a simple model also helps: Define the early proof points for the company. R : Retention - do they come back & re-visit over time?

Metrics 225

Metrics Startup Retention Acquisition 225

Austin Startup

AUGUST 20, 2017

Compensation decisions obviously affect hiring and retention. Kalanick, former investor BFF turned highly disappointed by founder behavior. Usually the founders duke it out among themselves as to titles and responsibilities and relative shareholdings. They also observe who is pulling his or her weight and who is not.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

VC Cafe

NOVEMBER 2, 2019

Benchmarks are typically specific to stage/business model/geo. In Rob Go’s words: For seed and Series A deals, investors will also need to see a high-potential team with founder/market fit , a large and attractive market opportunity , and a business model with increasing returns to scale.

B2C 141

B2C Technical Review Startup Retention 141

Reid Hoffman

MARCH 19, 2019

What makes this tricky is that markets evolve, and an innovative technology or business model can transform a normal market into a Glengarry Glen Ross market. Google realized that being the way to find the world’s information was a blitzscalable market, thanks to the network effects in its AdWords revenue engine.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Startup Lessons Learned

AUGUST 21, 2013

At last year’s conference, Red Room CEO and co-founder Ivory Madison pointed out that vanity metrics are among those numbers most commonly cited in investor decks: page views, new members, unique visitors, conversions and, vainest of them all, Twitter followers. These show success at your core business. Retention (do they return?),

Lean 167

Lean Louisville Startup Metrics 167

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 17, 2011

It’s harder to train people and keep your culture going, and those founders who were brilliant at seeking market-fit and constructing the foundation of a startup might be ill-suited for scaling that organization. “LTV” means “the total revenue you’ll get from a customer over its lifetime.”

Business Model 245

Business Model Metrics Engineer Technical Review 245

Steve Blank

DECEMBER 17, 2009

I called the founder and noted that there are SAT tests that are shorter than the survey. Customer Development suggests that founders have continual and timely customer, channel and market information. Founders need three views of information to truly understand what is going on: First-hand knowledge. Continual Data Flow.

Metrics 243

Metrics Customer Customer Development Lean 243

Mucker Lab

APRIL 6, 2023

Are there types of companies, market segments, industries, or business models where PLG does not make sense? What should an early-stage startup founder focus on if they want to implement PLG? What should the founder avoid if they want to implement PLG? Hila is a mentor with Mucker Capital. That’s never happened.

Product 78

Product CTO Hire Startup Fractional CTO 78

YoungUpstarts

OCTOBER 13, 2020

by Manni Sidhu, Co-founder and CEO of Coleegs , and William Gilchrist , Founder and CEO of Konsyg. A new challenge has bloomed for founders and managers in the Covid-19 era –how do they set key performance indicators (KPIs) for the years ahead? How much further will our revenues drop? Retention of Staff.

Management 194

Management Founder Asia Cofounder 194

Ben's Blog

MAY 15, 2020

In normal times, every company operates against some hypothetical growth model—a data-driven framework that describes how your product grows and how you acquire new users. In normal times, every company operates against some hypothetical growth model—a data-driven framework that describes how your product grows and how you acquire new users.

Founder 36

Founder Conversion Technical Review Cash Position 36

VC Cafe

OCTOBER 23, 2022

The CEO shared the revenue target for the year at X, and the revenue target for next year at 3X. The discussion that ensued was insightful and I thought it would be worth sharing it here for founders who are dealing with a similar issue. One of the board members asked a simple question: “Why is revenue our North Star KPI?

Metrics 179

Metrics Revenue B2C Portfolio 179

Duct Tape Marketing

JUNE 26, 2024

She shares her insights on how businesses can transform their approach by fostering engaging online communities, ultimately raising profits and enhancing member experiences. This approach not only enhances member engagement but also boosts retention and revenue. It's time to transform your approach. This is John Jantsch.

Community 50

Community Software Review Technical Review Hosting 50

Scalable Startup

FEBRUARY 9, 2011

First revenue are a major validation milestone for a startup after much sweat and tears. Recent developments in web business models have made this hurdle much lower. For example Googles AdSense, Facebooks virtual economy, micro-payments and wide use of the Freemium web model. Preparation, a Chief Revenue Officer.

Revenue 20

Revenue Cofounder Retention Valuation 20

Hippoland

OCTOBER 16, 2016

As a result, for these kinds of businesses, investors often don’t expect that companies can earn revenue right out of the gate, because they may not legally be able to. Free consumer app companies In contrast to the last two categories, successful founders of free consumer apps tend to come from any background.

Startup 48

Startup Vertical Early Stage Bootstrapping 48

Steve Blank

FEBRUARY 26, 2020

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Team, Product, Traction, Business Model and Market.

Cofounder 433

Cofounder Seed Stage Valuation Metrics 433

Duct Tape Marketing

APRIL 7, 2022

Marcel is the CEO & Co-Founder of Parakeeto, a company dedicated to helping agencies measure and improve their profitability by streamlining their operations and reporting systems. So a lot of agencies track revenue, some actually even track profit, but you, if we're gonna optimize, um, profitability, what, what should we be measuring?

Cofounder 76

Cofounder Hosting Networking Software Review 76

Hearpreneur

JANUARY 3, 2018

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 7- Business and income expansion. 6- Continue to Challenge Ourselves.

Kentucky 97

Kentucky Entrepreneur Social Media Los Angeles 97

ConversionXL

FEBRUARY 7, 2014

KISSmetrics also segments their data to find their customer’s company size, industry, business model. So, assuming you already have a minimum viable customer base, let’s look at the ways you can grow your revenue in order to invest in content later. Increase the average order size. image source. image source.

Software 93

Software Churn Rate eCommerce Flash 93

Hearpreneur

JANUARY 7, 2017

I am the founder/coach of Never Settle Coaching, LLC a coaching business. I began my business in 2014 because, well, it was just time. 20 – To Blend A Beautiful Business Model. I started my business with my fiancé because of our combined skills and experiences. 12 – It was Just Time.

Entrepreneur 91

Entrepreneur LLC Cofounder Green 91

Startup Lessons Learned

OCTOBER 19, 2013

She’s the founder and Creative Director at Xanadu, a mobile strategy and design consultancy helping to guide app developers to success in a rapidly-changing, often chaotic mobile ecosystem. They''ll typically appear to do well early on, but won''t have enough of a passionate following to achieve meaningful growth or revenues.

Mobile 167

Mobile Developer Technical Review Lean 167

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

maplebutter.com

JANUARY 8, 2013

Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. I would focus on one product and set a goal to generate $1M in yearly revenue from it. I don’t have any formal business training and I actually think it’s served me well.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

View from Seed

FEBRUARY 27, 2019

Many founders have to turn to brute force to figure it out, even when they themselves don’t have practitioner product management experience. So, what are the things founders can learn to do well BEFORE they can hire a great first product hire to make sure the company stays focused and iterates fast?

Hiring 120

Hiring Bandwidth Product Early Stage 120

ConversionXL

SEPTEMBER 2, 2019

Of course, I’m a total social login fan, but at least offering your users a choice between filling out a registration form and signing up using their social account IDs seems like straightforward business sense. The number of visitors directly correlates to revenue—whatever business you are in. Go where you audience is.

Social Network 73

Social Network Viral Social Media B2C 73