The Startup Magazine

JANUARY 21, 2025

Exploring Customer Preferences and Market Trends Understanding customer preferences is vital for any business seeking growth in the transport sector. As consumers become increasingly aware of sustainability, they often seek businesses that share their values.

Technical Review 144

Technical Review Government Operations Demand 144

Startup Professionals Musings

OCTOBER 9, 2023

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing.

Technical Review 220

Technical Review Advisory Board Software Review Business Model 220

Startup Professionals Musings

MAY 17, 2020

Viral marketing costs real money, and your support staff and hosting systems cost even more. Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Not every great idea is a viable business.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. IPOs dried up.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

AUGUST 23, 2020

Solution and business model innovation require pushing the limits. Perfectionists never win in the startup business. Leapfrog products invent and reinvent markets. Incremental product ideas do not change markets. A business model is not an after-thought. Self-demanding beats boss-demanding every time.

Technical Review 324

Technical Review Entrepreneur Due Diligence Business Model 324

Startup Professionals Musings

SEPTEMBER 25, 2021

So what do investors look for in qualifying you for that million dollars you need to take your invention from your garage to the market? Here are some reality checks you should apply: It takes a business team to build a business. You need a viable business model and customers. Early adopters are not a big market.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Steve Blank

APRIL 1, 2020

If you’re a CEO who can’t quickly bias yourself for action and if you wait around for someone to tell you what to do, then your investors, or more likely the market, will make those decisions for you. Health of Your Current Target Market(s). Out of business? Emergence of New Market(s). Marketing programs spending.

South Korea 334

South Korea Salary Business Model China 334

Startup Professionals Musings

APRIL 14, 2021

By focusing your marketing activities on key individuals known to wield influence in your target customer market, you can deliver a more "authentic" message. Yet don’t assume that any of these will override the basic need of every business to be self-sustaining via revenue to meet expenses over time.

Customer 432

Customer Social Media Dividend Technical Review 432

Startup Professionals Musings

OCTOBER 30, 2020

Don’t forget to market yourself before, during, and after your initial idea, through social media, websites, and events. Customer feedback, including blog comments, usability reviews, and early user testimonials, build relationships and provide credible marketing to the broader customer community.

Merger 386

Merger Software Review Acquisition Social Media 386

Startup Professionals Musings

APRIL 1, 2020

As they watched their market share dwindle instead, they realized too late that these segments were already defined, and they needed a new focused brand to attract customers from other segments. The result will be less visibility, slower growth, with fewer delighted customers and little word-of-mouth marketing.

Customer 308

Customer Technical Review Matching Business Model 308

View from Seed

APRIL 6, 2021

You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. We lead or co-lead most of our investments and we develop our individual conviction vs. trying to hang around the hoop for market signals. You will be based in the NYC office.

Technical Review 317

Technical Review Software Review Seed Stage Cofounder 317

Startup Professionals Musings

DECEMBER 5, 2020

For any company to be successful, it must dominate a market or niche. Corporate thinking is often focused on more products in more markets, with hope that the total impact will be greater than the sum of the parts. Entrepreneurial thinking is focused on dominating a segment of a competitive market.

Technical Review 294

Technical Review Business Model Employee Sales 294

Startup Professionals Musings

SEPTEMBER 13, 2022

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

Startup Professionals Musings

JUNE 12, 2022

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Single-node factories may be home-based with a global market. Many countries have learned to make products cheaper and better.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Startup Professionals Musings

JUNE 26, 2020

Quantify the market opportunity in business terms. For example, “Nielsen projects that the market for smart phones will double every year for the next five years.” If possible, quantify these in non-technical business terms, such as dollars saved or replacement costs over time.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

TechEmpower

JULY 31, 2023

Proving your Business Model Works - Build, Define, and Review But how do you prove your numbers? Another thing that Dave has done well is to look at the value of different marketing channels: There’s a lot of value in this presentation. These two questions/answers can help define the early proof points for your company.

Metrics 260

Metrics Startup Retention Acquisition 260

Startup Professionals Musings

DECEMBER 6, 2019

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

The Startup Magazine

FEBRUARY 17, 2025

Setting Up Your Mobile IV Therapy Business Setting up a successful mobile IV therapy business requires strategic planning and an understanding of market dynamics. There are currently 488 businesses in the IV therapy industry in the United States, indicating a thriving market.

Mobile 97

Mobile United States Technical Review Business Model 97

Startup Professionals Musings

FEBRUARY 8, 2020

If the customer need is obvious and large, the calculated risk is in the quality of your solution, your team, and marketing. Implement a modern real business model. Use metrics to measure results of marketing initiatives. Opportunity and revenue projections based on deep market and customer analysis are a smarter risk.

Management 322

Management Entrepreneur Forecast Stock Options 322

Startup Professionals Musings

OCTOBER 11, 2023

Most new business owners I know feel the challenges of not enough time, money, and resources, and see these as problems rather than a competitive advantage. Adopt alternative business models to address challenges. Most businesses stay focused on their core solution until they face growth stagnation and competition.

Technical Review 277

Technical Review Partner Matching Channel 277

Startup Professionals Musings

FEBRUARY 12, 2023

Viral marketing costs real money, and your support staff and hosting systems cost even more. Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Not every great idea is a viable business.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

View from Seed

JULY 6, 2020

You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. We lead or co-lead most of our investments and we develop our individual conviction vs. trying to hang around the hoop for market signals. You will be based in the NYC office.

Technical Review 257

Technical Review Software Review Hiring Seed Stage 257

Startup Professionals Musings

JANUARY 25, 2023

No matter how well your business seems to have worked for you up to this point, you can be certain that it will need to be heavily transformed for tomorrow’s new world-wide economy and no industry sector boundaries. Others, lured by hot new markets, abandon their core prematurely, with equally disastrous results. Always keep a balance.

Partner 350

Partner Operations Metrics Leadership 350

Startup Professionals Musings

APRIL 11, 2022

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key activities. Key partners.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

MAY 19, 2023

Solution and business model innovation require pushing the limits. Perfectionists never win in the startup business. Leapfrog products invent and reinvent markets. Incremental product ideas do not change markets. A business model is not an after-thought. Self-demanding beats boss-demanding every time.

Technical Review 229

Technical Review Due Diligence Business Model Demand 229

Startup Professionals Musings

JANUARY 13, 2020

A proven business model, ready to scale, is particularly attractive. A strategy of learning and willingness to pivot, based on market feedback, is a great survival skill and attitude, cherished by investors. Many key insights to success in any business can’t be learned from books or the Internet.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Startup Professionals Musings

NOVEMBER 2, 2022

If the customer need is obvious and large, the calculated risk is in the quality of your solution, your team, and marketing. Implement a modern real business model. Use metrics to measure results of marketing initiatives. Opportunity and revenue projections based on deep market and customer analysis are a smarter risk.

Forecast 304

Forecast Stock Options Technical Review Metrics 304

Steve Blank

OCTOBER 15, 2019

If they were a commercial company, they figured out product/market fit; or if a government organization, it focused on solution/mission fit. They’ll use government regulation and lawsuits to keep out new entrants with more innovative business models. Over time as these organizations got large, they built process.

Government 322

Government Technical Review Acquisition Metrics 322

ReadWriteStart

AUGUST 30, 2022

Deep Market Analysis. Most investors want to finance a project that targets a large market to allow the business to scale. In startup presentations, the market assessment is often underestimated or overestimated. Drawing Up a Financial Business Model. The same goes for the startup owners themselves.

Software Review 183

Software Review Technical Review Cofounder United States 183

Startup Professionals Musings

JULY 8, 2022

For Logan Green of Lyft, his international travel purpose helped inspire him to the creation and growth of an industry-altering business. By finding new perspectives, he was able to redefine business models and satisfy customer needs in new and ingenious ways. Driven to reduce personal hardship and suffering.

Technical Review 357

Technical Review Green Social Media Lean 357

ReadWriteStart

JUNE 19, 2021

Also, it can open up numerous business models and revenue channels that were earlier inaccessible for want of a suitable hardware and software solution. IoT will also enable businesses to get a fresh pair of eyes to look into data to derive insightful business insights. . Source: Mckinsey.

Technical Review 215

Technical Review Software Review Cloud Vertical 215

Startup Professionals Musings

FEBRUARY 22, 2021

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. In high technology, this is called “release early and iterate,” which allows you to make corrections as you go, as well as adjust for the market changes.

Technical Review 338

Technical Review Elevator Pitch Due Diligence Angel Investor 338

Startup Professionals Musings

APRIL 4, 2022

According to my experience and this Motley Fool article from a few years ago, the challenge is very real, with around half of all new businesses no longer existing after five years. My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

The Startup Magazine

OCTOBER 4, 2023

Not just any carpet cleaning business, but specifically an endeavor in dry carpet cleaning services. This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more. This encompasses every aspect of the client’s interaction with your business.

Balance Sheet 145

Balance Sheet Technical Review Business Model Business Plan 145

Startup Professionals Musings

SEPTEMBER 15, 2023

Developing the ideal product the first time around is unlikely, high risk, and very expensive in today’s chaotic market. More success has been logged with companies like Amazon, which lightly funds many business model experiments each year, and is not hesitant to pivot or learn from failures.

Artificial Inteligence 286

Artificial Inteligence Technology Leadership Business Model 286

Startup Professionals Musings

OCTOBER 15, 2022

A proven business model, ready to scale, is particularly attractive. A strategy of learning and willingness to pivot, based on market feedback, is a great survival skill and attitude, cherished by investors. Many key insights to success in any business can’t be learned from books or the Internet.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

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. Marketing is everything these days.

Business Model 273

Business Model Customer Angel Investor Bootstrapping 273