Both Sides of the Table
MARCH 19, 2013
The line of reasoning goes, “Services businesses are not scalable and the market won’t reward this revenue so make sure that third-parties do your implementation or clients do it themselves. We only want software revenue.” If you’re an early-stage enterprise startup services revenue is exactly what you need.
Startup Professionals Musings
OCTOBER 30, 2020
Products that can be easily produced and sold via multiple channels, including the Internet, are more easily scaled world-wide. You need a stable customer base with an automatically renewing revenue stream, such as the subscription model. Develop a product line and add alternate channels.
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Startup Professionals Musings
JUNE 2, 2021
The old approaches of controlling distribution channels, saturating retail, and methodically scaling your brand awareness don’t protect you anymore. Short-term earnings per share may be low, even as revenues and cash burned are high. The real challenge is to win massive consumer preference repeatedly.
Steve Blank
MARCH 15, 2017
And it was going to mention the two words that marketing needed to live and breathe: revenue and profit. To do that we will create end-user demand and drive it into the sales channel, educate the channel and customers about why our products are superior, and help Engineering understand customer needs and desires. That was it.
Steve Blank
JUNE 27, 2017
Its employees and investors don’t depend on an existing revenue stream. If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels. Every Airbnb rental is a lost night of revenue for hotels that hate it. to stifle competition.).
Both Sides of the Table
JANUARY 11, 2014
” He advocates for people who test all channels, use quantitative methods and commit to growth as one’s “true north.” For me growth hacking is not only about the meat & potatoes stuff but about continually testing new channels for growth. I recommend hiring or appointing a growth hacker.”
Startup Professionals Musings
JUNE 26, 2020
All startups, including non-profits, need revenue to thrive, such as such as from subscriptions, retail, online, licensing, or services. They want to see revenue to share in the return. Here I recommend a 5-year projection of revenues, expenses, and funding requirements. Provide specifics on the customer business model.
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