Startup Professionals Musings
APRIL 11, 2020
In fact, there are a host of reasons why a non-focused startup business is more likely to struggle for survival, lose market and investor attention, and miss out on the opportunity to capitalize on their scope: Time to market is tied to the size of your offering. No startup can implement a broad strategy quickly enough to stay ahead.
TechEmpower
JULY 31, 2023
When talking to startup founders or other innovators, we always ask questions to better understand their business as a core. Look at different customer acquisition channels, how they are converting, and the expected lifetime value of customers acquired through those channels. Apply costs to each channel.
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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. It’s the antithesis of the Lean Startup.
Startup Professionals Musings
FEBRUARY 8, 2021
In my experience as an angel investor for new startups, I’m always surprised by how many entrepreneurs are looking for funding without outside advisors. Starting a new business is all about establishing relationships with investors, suppliers, channels, and future customers. Key board members multiply your networking efforts.
Startup Professionals Musings
JANUARY 30, 2021
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. Test your channel and support strategy. These two jobs need to be done in parallel. Look for feedback on how to make it a better fit.
Startup Professionals Musings
FEBRUARY 12, 2023
These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many strategies leading to failure that are inside the entrepreneur decision realm. No startup can afford to do these serially. Easier-to-use’ and other fuzzy terms won’t get any attention.
Startup Professionals Musings
JANUARY 6, 2023
In fact, there are a host of reasons why a non-focused startup business is more likely to struggle for survival, lose market and investor attention, and miss out on the opportunity to capitalize on their scope: Time to market is tied to the size of your offering. No startup can implement a broad strategy quickly enough to stay ahead.
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