Startup Professionals Musings

FEBRUARY 7, 2021

Some pundits argue that the E-Myth principle is now outdated, due to the instant access to information via the Internet, pervasive networking via social media, and courses on entrepreneurship at all levels of education. In this view the product features, cost, and support are the key to success. Hence most fail.

Technical Review 341

Technical Review Social Media Startup Internet 341

Startup Professionals Musings

MARCH 6, 2021

A closer analysis often indicates the cause to be a lack of diligence in handling common business finances. I’m sure all you accountants will agree that fixing the mistakes listed here does not require rocket science, but I’ve seen them so often that to be forewarned is to be forearmed: Failing to factor in fixed costs when pricing.

Technical Review 379

Technical Review Finance Startup Salary 379

Steve Blank

DECEMBER 9, 2020

We just held our sixteenth session of our new national security class Technology, Innovation and Modern War. Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy.

Acquisition 333

Acquisition Technical Review Technology Government 333

View from Seed

APRIL 14, 2020

This led to a number of repercussions that most VC’s have lamented during this time, including higher prices, larger rounds, shoddy due diligence, and many companies raising large sums of venture capital that probably aren’t suited to VC funding. Firms will start to torture founders with endless diligence requests.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

Startup Professionals Musings

APRIL 12, 2019

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product.

Cost 264

Cost Founder Software Review Startup 264

Startup Professionals Musings

AUGUST 24, 2022

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Leaders and investors need to know if you have and are tapping into your key sources of relevant data, including web analytics, sales management data, and customer relationship management (CRM) software.

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Acquisition Cost Customer Sales Cycle 250

Startup Professionals Musings

APRIL 13, 2020

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. Leading edge technology software and manufacturing require constant course corrections and iterative restarts.

Intellectual Property 306

Intellectual Property Non-disclosure Agreement Software Review Technical Review 306

YoungUpstarts

NOVEMBER 28, 2020

Still, the background and android app is labeled sweet spot due to its stunning features and tight security on its web page. Good news, the development team has sorted various technical issues, hence investors may use this wallet with much ease. . Smart contacts management tool. Main features of MyMonero. Lightweight.

Technical Review 214

Technical Review Development Team Review Stealth Security 214

The Startup Magazine

MAY 1, 2023

In today’s fast-paced world, businesses with vehicle fleets are constantly seeking ways to improve efficiency and productivity while reducing costs. Modern technology has made it possible for fleet managers to optimize operations, streamline vehicle acquisition, and leverage telematics innovations to their advantage.

Technical Review 154

Technical Review Artificial Inteligence Management Software Review 154

Steve Blank

DECEMBER 11, 2020

We just held our seventeenth session of our new national security class Technology, Innovation and Modern War. Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy.

Technical Review 369

Technical Review Taiwan Technology Design 369

Startup Professionals Musings

SEPTEMBER 13, 2022

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Set expectations accordingly.

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

The Startup Magazine

MARCH 4, 2023

Otherwise, they will (sooner or later) experience the resource drain, high overhead costs & low employee productivity. We’ll explore the latest and most effective management techniques and strategies managers can use to retain their best employees and build a stronger, more engaged workforce.

Employee 192

Employee Management Software Review Technical Review 192

YoungUpstarts

OCTOBER 13, 2020

The global lockdown, due to the pandemic, has forced companies to digitize their operations. In this way, we can reduce the time spent in commuting, reduce the environmental impact of our activity, optimize living costs and improve our work-life balance. The reduction of the business trips of their employees goes in that direction.

Technical Review 278

Technical Review United States China Cofounder 278

The Startup Magazine

AUGUST 2, 2024

Many firms are drawn to the region for its combination of technical expertise and cost-effectiveness. Furthermore, cultural compatibility and similar time zones make it easier for companies to manage projects efficiently. Their familiarity with advanced technologies and frameworks like Node.js

Europe 167

Europe Software Developers Software Development Technical Review 167

Both Sides of the Table

APRIL 20, 2017

So how did a company that provides storage grow so fast (we’ll exit 2017 with 10’s of millions in recurring revenue), why is it so defensible and is it really a tech startup? If you buy that Amazon is a tech startup then essentially you’ve already answered the question. In short — how the hell did we raise $30 million?

Technical Review 268

Technical Review Los Angeles Software Review Artificial Inteligence 268

Startup Professionals Musings

FEBRUARY 8, 2020

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. The challenge is to avoid the bad risks, while actively seeking and managing the smart risks. Risk is more manageable with subscriptions and even freemium pricing.

Management 322

Management Entrepreneur Forecast Stock Options 322

Startup Professionals Musings

DECEMBER 6, 2019

My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Set expectations accordingly.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

APRIL 28, 2021

If you are the hot-shot technical innovator that invented your solution, make sure you have an equally adept business and marketing expert to complement your skills. “If Bill Gates was the technical genius, but Steve Ballmer, from Procter & Gamble, ran the business side of the equation. The market is unpredictable and changes fast.

Technical Review 329

Technical Review Merger Software Review Acquisition 329

The Startup Magazine

AUGUST 12, 2024

While artificial intelligence has been decades in the making, only recently has the tech industry generated such high expectations for how it will usher in a new era for digital innovation. Following the AI boom in 2023, the spotlight has been even more on this technology, ensuring that this would be the year when companies went all-in on AI.

Technical Review 167

Technical Review Cost Artificial Inteligence Analytics 167

YoungUpstarts

AUGUST 31, 2020

In addition, not everyone has the privilege of having a real personal assistant due to high costs. Personal assistants are often hired to prepare decisions and information for managers and take care of miscellaneous tasks for busy executives and CEOs — who all earn higher incomes. What is the Role of Technology?

Artificial Inteligence 214

Artificial Inteligence Mali Management Technical Review 214

Startup Professionals Musings

MARCH 14, 2022

We all just need your help in managing personal data correctly, and making sure you are part of the solution, rather than part of the problem. Here are a few specifics on how to be part of the solution, without the costs, rather than part of the problem: Put a personal face and address on your site; don’t hide behind an “info” email address.

Technical Review 342

Technical Review Customer Social Network Software Review 342

The Startup Magazine

JULY 24, 2024

Understanding the cost of order fulfillment is important for any Amazon seller aiming to maximize profits. Several key factors influence these costs, with product type, size, and weight being the primary determinants. By focusing on these factors, you can better control your fulfillment costs and boost your business growth.

Cost 166

Cost Technical Review Software Review Stock 166

YoungUpstarts

NOVEMBER 29, 2019

Remote work and freelancing are professional roles that involve an incredible amount of effort, tech-savvy, and time management. Fortunately, there are technological tools that can maximize working time by making meetings more efficient, improving your office workflow, and better managing client interactions.

Technical Review 204

Technical Review Retention Software Review Cloud 204

Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required.

Technical Review 308

Technical Review Due Diligence Startup Employee 308

YoungUpstarts

DECEMBER 12, 2020

This article will discuss what a content management system is, its benefits, and other details. What is a Content Management System? A content management system (CMS) enables businesses or content creators to manage their digital content. Let’s start with its definition. Businesses moving to online.

Technical Review 246

Technical Review Architecture Software Review Demand 246

Startup Professionals Musings

OCTOBER 10, 2021

Every technical entrepreneur is an early adopter of technology, so naturally they build things with people like themselves in mind. In fact, it’s all about understanding the differences between early adopters and mainstream customers, and managing your own marketing and development efforts to cross this deadly chasm.

Technical Review 294

Technical Review Product Customer Restful 294

Startup Professionals Musings

OCTOBER 27, 2021

Too many entrepreneurs I know start by highlighting their new technology , and assume that it will sell itself. Unfortunately, technology doesn’t create a vision, and usually frightens customers away, unless they understand the vision and value first. Every balanced leader does marketing early.

Technical Review 332

Technical Review Metrics Leadership Technology 332

TechEmpower

MARCH 4, 2024

Focusing on generative AI applications in a select few corporate functions can contribute to a significant portion of the technology's overall impact. This technological integration into software engineering not only enhances the productivity of development teams but also ensures that IT infrastructures are robust and reliable.

Generative AI 295

Generative AI CTO Hire Fractional CTO Software Review 295

ReadWriteStart

APRIL 14, 2023

Yet, we know tech startups will weather the storm. Likewise, this is a season of economic pain for businesses: High borrowing costs and reduced demand are compressing margins, and some industries face persistent labor shortages. An odd feature of the current downturn is the persistently tight labor market.

Technical Review 148

Technical Review Ukraine Software Review ChatGPT 148

The Startup Magazine

OCTOBER 30, 2022

Modern technologies may be a real blessing for small companies lacking resources and having to promptly produce tangible outputs. In this article, we will analyse the top 5 technological challenges your startup will face in 2023. . Remote Work. On the one hand, most workers expect such options to be made available by employers.

Technical Review 158

Technical Review Technology Software Review Startup 158

Startup Professionals Musings

APRIL 4, 2022

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. That includes estimating the money required to get to the revenue stage, and saving money to cover costs before you jump off the cliff. Set expectations accordingly.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Both Sides of the Table

NOVEMBER 14, 2017

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. MakeSpace (as he named it) would help you get your excess goods into low-cost warehouses. How long does it take me to pay back my original customer acquisition costs?

Operations 286

Operations New York City Technical Review Startup 286

Both Sides of the Table

JULY 23, 2014

Lower costs to start a business (95% reduction), many more companies created & funded by angels / seed. But the biggest changes in our industry have been driven by technical changes themselves to which we are just observers and fortunate beneficiaries. From a technology perspective our journey is nowhere near over.

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

Startup Professionals Musings

MARCH 21, 2021

Lists of project milestones and technical issues are created, but nothing happens on time, because follow-up on issues is missing. Time management. Many experts suggest it costs six times more to sell something to a new customer than to an existing customer. Some struggling entrepreneurs are totally event driven.

Technical Review 333

Technical Review Startup Software Review Retention 333

The Startup Magazine

DECEMBER 19, 2024

Source Leverage Advanced Technologies Harnessing advanced technologies can transform how startups operate and compete. For this type of company, using AI inventory management systems can be particularly beneficial. Reviewing customer feedback about competitors also sheds light on market expectations and common complaints.

Technical Review 145

Technical Review Startup Differentiation Social Media 145

Both Sides of the Table

DECEMBER 11, 2022

We had nascent revenues, ridiculous cost structures and unrealistic valuations. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money. Until we weren’t. Nobody cared about our valuations any more.

Valuation 466

Valuation San Francisco Ratchet Liquidation Preference 466

The Startup Magazine

OCTOBER 2, 2020

The growing data analytics industry is poised to help businesses optimize analytics to reduce costs without jeopardizing growth. Businesses need to increase their business analytics capabilities now more than ever, to protect against fraud, reduce costs, boost productivity, and more. 3) Lower Marketing Costs. 4) Reduce Turnover.

Analytics 167

Analytics Cost Software Review Retention 167