Startup Lessons Learned

JUNE 5, 2009

Lessons Learned by Eric Ries Friday, June 5, 2009 It’s a startup, not a spreadsheet Some people, when they start to realize the power of using data to inform their decisions, become obsessed with optimization. Unfortunately, most decisions that confront startups lack a definitive right answer. But this is wrong, too.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

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.&# A successful startup strives for this latter case.

Customer 156

Customer San Francisco Viral Lean 156

Startup Professionals Musings

JANUARY 6, 2011

One of the biggest red flags I see in many Internet-related business plans today is advertising as the initial revenue stream, or a key part of it. Until you get a million page-views per month, your revenue will be negligible, and advertisers won’t be interested in your site. Don’t count on that to fund your startup.

Advertising 225

Advertising CPA Startup PPC 225

Startup Professionals Musings

JUNE 4, 2021

Cost per action (CPA). If you do all these things right by displaying other people’s ads on your website or blog, you will make money from advertising – like Google and Facebook, who offer services for free, and still make millions in revenue. For sites displaying the ads, this is called pay per click (PPC). Marty Zwilling.

Search 385

Search Engineer PPC Widget 385

Up and Running

SEPTEMBER 13, 2016

For instance, you could put revenue in your checking account, while leaving a percentage in your savings account to pay off taxes at the end of the year. Many small business expenses are tax deductible, including certain startup expenses. Team up with a CPA. See Also: 5 Signs Your Bank Is a Bad Fit. Track your expenses.

Small Business 60

Small Business CPA Finance Warrant 60

Startup Professionals Musings

OCTOBER 3, 2010

Cost per action (CPA). If you do all these things right by displaying other people’s ads on your website or blog, you will make money from advertising – like Google and Facebook, who offer services for free, and still make millions in revenue. That business model doesn’t compute in the startup stage, but that’s another story.

Search 225

Search Engineer SEM Widget 225

The Startup Magazine

MARCH 24, 2025

When it comes to startups, females are making strides on a number of fronts. trillion in revenue. Grace Chang , Founder and CEO at Kintsugi As a five-time entrepreneur, Grace Chang is no stranger to the world of tech startups. This builds on Shaguns career as a certified CPA, CIA and experienced auditor and process consultant.

Cofounder 141

Cofounder San Francisco Green CPA 141

Startup Professionals Musings

MARCH 23, 2013

Cost per action (CPA). If you do all these things right by displaying other people’s ads on your website or blog, you will make money from advertising – like Google and Facebook, who offer services for free, and still make millions in revenue. For sites displaying the ads, this is called pay per click (PPC). Marty Zwilling.

Search 226

Search PPC Widget SEO 226

Hearpreneur

DECEMBER 10, 2019

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. As a CPA, I think it’s important to bring awareness to taxes and accounting for small business owners. 11- Double our revenue. 1- Delegate and expand. 4- Visibility.

Entrepreneur 97

Entrepreneur SEO Security Community 97

The Startup Magazine

OCTOBER 14, 2021

The Startup Magazine continues our Founder Interview series with entrepreneur Richard Lavina, Co-Founder and CEO of accounting services platform, Taxfyle. Richard Lavina, CPA, Co-Founder and CEO of Taxfyle. Here are Richard’s insights and startup advice he shared with us about his entrepreneurial journey…. Magazine’ Inc.

CPA 172

CPA Founder Vertical Cofounder 172

David Teten

SEPTEMBER 27, 2011

For background, we rarely see a CPA come to us with a startup idea. As a result, we offer our portfolio companies a wide range of accounting services, including Accounts Payable/Expenses; Accounts Receivable/Revenue; Payroll; General Ledger; Management Reporting; Annual tax and financial reporting.

New York 138

New York CPA Startup Portfolio 138

YoungUpstarts

SEPTEMBER 23, 2014

As much as the idealistic startup wants to think it can change the world with shoddy accounting and a go-getter attitude, this simply isn’t the case. Like it or not, healthy finances mean that you’re running a healthy business. Bad Business Credit.

CPA 205

CPA Finance Hiring Management 205

Both Sides of the Table

JANUARY 19, 2015

YouTube takes too high of a revenue split (45% vs. 30% that Apple and many other distribution companies take – FWIW, YouTube argues this is because their costs are much higher since they host and stream the video). If all you ever do is create YouTube content then I agree – that’s not a viable startup business.

SEM 150

SEM Los Angeles Silicon Valley Acquisition 150

Startup Professionals Musings

JULY 10, 2015

One of the most popular and least successful models I see in new business plans for startups is the so-called Facebook model, providing free services to users while collecting revenue from ads to offset costs and grow the business. The advertiser sees it as cost per acquisition (CPA) or pay per performance (PPP).

CPA 120

CPA Advertising Revenue PPC 120

YoungUpstarts

MARCH 11, 2015

Startup companies are often cash poor and have little in the form of current monetary compensation to offer their employees. When does a startup company need a business valuation? Valuation is usually important for startup companies both for income tax requirements and accounting requirements.

Valuation 100

Valuation Stock Options CPA Merger 100

Hearpreneur

DECEMBER 8, 2019

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. As a CPA, I think it’s important to bring awareness to taxes and accounting for small business owners. 11- Double our revenue. 1- Delegate and expand. 4- Visibility.

Entrepreneur 48

Entrepreneur SEO Security Community 48

YoungUpstarts

JANUARY 26, 2017

But chances are, your CPA hasn’t mentioned it. That’s because, like doctors, CPAs specialize. To add fuel to the fire, so to speak, oil and gas investors also get a 15 percent tax-free depletion allowance of the annual production revenue. How to Bring Up Oil and Gas with Your CPA.

CPA 100

CPA Capital Gains Stock LLC 100

YoungUpstarts

OCTOBER 20, 2014

The Tax Foundation, a tax policy research organization, found that the total number of words in the Internal Revenue Code & Regulations grew from 1.39 A lot of startups get busy and simply forget to file on time, or sell into a new state and miss its deadline. million in 1955 to over 9 million words in 2005.

Connecticut 160

Connecticut CPA eCommerce Florida 160

Austin Startup

JANUARY 11, 2020

Capital Factory’s Saturday Startup Spotlight series, where we chat with an exciting new startup and get to know their story, returns this week with the co-founder and CEO of TaxTaker : Ari Palmer. Our mission is to empower CPA practices for growth. In doing so, we also aim to improve startups business’s financial health.

CPA 62

CPA Startup Non-Compete Cofounder 62

YoungUpstarts

JULY 11, 2017

Having trusted advisors to help guide startup companies is important and can take some of the weight off. That’s time they could be spending on generating new revenue for their company. But you should still enlist a qualified CPA to make sure everything’s squared away, especially at tax time.

Phoenix 127

Phoenix North America Management Entrepreneur 127

crowdSPRING Blog

AUGUST 25, 2013

The technique, although controversial in some quarters, has given the energy industry a huge boost of productivity, revenue, and profit as they learn to make the most of their existing assets and extract the most from their existing fields. Related posts: Small Business and Startups: 3 Essentials for Customer Service.

Customer 95

Customer Aggregator CPA Lean 95

crowdSPRING Blog

JUNE 26, 2011

This is where the subjects of revenue enhancement and customer lifetime value arise. But once you have been successful at converting healthy percentages of your traffic , it is essential that you turn your focus to supplementing revenue, increasing shopping cart value, and maximizing the lifetime value of your new customers.

CPA 69

CPA Analytics Viral Small Business 69

Up and Running

JANUARY 5, 2021

It forces you to consolidate it into a business identity while considering the market you’re entering, potential competitors, and what expenses, revenue streams, and milestones you need to hit. Talk to a CPA and/or an attorney to figure out the best structure for your business ( partnership , LLC , S-Corp , etc.).

Lean 146

Lean CPA Vesting Naming 146

ConversionXL

SEPTEMBER 28, 2017

Macro conversions are the primary goal of your website, to convert user traffic into revenue. On the other side of the coin, micro conversions are actions a user completes that are either on the path to revenue-generating macro conversions or not directly related to revenue-generation at all. 1) Revenue per visitor.

Metrics 121

Metrics Acquisition Conversion Revenue 121

andrewchenblog.com

JANUARY 28, 2010

Check out my list of featured essays How to create a profitable Freemium startup (spreadsheet model included!) I’ve written extensively on paid user acquisition in the past, particularly the blog post: How to calculate cost-per-acquisition for startups relying on freemium, subscription, or virtual items biz models.

CPA 51

CPA Retention Viral Acquisition 51

The Startup Magazine

NOVEMBER 25, 2019

Online retailers are increasingly turning to subscription sales models to get a reliable strain of long-term revenue for the business. Visualizations about monthly recurring revenue, profits and loss, cycle analysis, rebill rates and more are updated in real time.

eCommerce 135

eCommerce Analytics Security Churn Rate 135

Altgate

JANUARY 16, 2011

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← Lorem Ipsum is Evil Operating System for the Classroom → The Real Reason Google May Fail Posted on January 16, 2011 by admin Recently I’ve been reading a lot of ink (er, liquid crystal?) Is this so?

CPA 72

CPA Advertising Distribution Search 72

ConversionXL

MARCH 13, 2013

Total revenue – Yes total revenue is generally a vanity metric. Great you’ve got revenue. Get more revenue? It finally clicked for me when after 4 or so attempts I finally made it through The Lean Startup by Eric Ries (my offer of free beer still stands for anyone who can get through chapter 11 on first attempt).

Metrics 111

Metrics Analytics Aggregator Revenue 111

Up and Running

JUNE 2, 2011

The same is true for startups, existing businesses, and projected growth. There needs to be a comfortable buffer between what goes out (expenses) and what comes in (revenue). There needs to be adequate cash flow to repay the loan and allow the borrower to pay for all other existing business and personal expenses. Collateral.

Vesting 82

Vesting CPA SBA Bankruptcy 82

crowdSPRING Blog

APRIL 6, 2015

Most small businesses and startups follow some version of this rational approach to operating and marketing a business. The result of this simple is your CPA, or Cost per Acquisition and this is the key to understanding whether your marketing tactics are working for you or not. Small Business and Startups: End-of-Year Mishegoss, 2013!

Metrics 48

Metrics CPA Lean Marketing 48

The Next Web

JUNE 15, 2015

But what happens when your startup has reached its limits on a local scale, tempting you to see how far your company can really go? From the beginning, a startup leaving its comfort zone and established consumer base needs to realize that a new strategy for a particular location will not necessarily work everywhere. Thinking Locally.

Global 60

Global Burn Rate Startup CPA 60

Startup Lessons Learned

SEPTEMBER 22, 2008

Master of 500 Hats: Startup Metrics for Pirates (SeedCamp 2008, London) This presentation should be required reading for anyone creating a startup with an online service component. Otherwise, your CPA will get driven up close to or exceeding your LTV, and you cant grow profitably anymore. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Duct Tape Marketing

JUNE 2, 2017

SaaS startup Segment has a formula for figuring out acquisition costs : Determine Customer Lifetime Value (LTV): LTV = Revenue from each paying customer per month, multiplied by Gross Margin, divided by churn (Gross Margin is the amount left over after the cost of goods sold, churn is the percent of people who leave).

Acquisition 64

Acquisition Cost Customer Social Media 64

ConversionXL

JANUARY 18, 2022

Founded in 2015, revenue intelligence startup Gong is now valued at $7.25 This will allow you to generate more awareness and engagement from content you already know resonates with your audience (meaning you’re likely to see a lower CPC and CPA). Boost organic posts that are getting traction with some of your paid media budget.

Social Media 145

Social Media Audience Media Marketing 145

Early Growth Financial Services

FEBRUARY 19, 2013

Third parties, like investors and lenders, may insist on assurance that the financial statements they are basing their decisions on accurately represent the state of your financial condition.

Startup 46

Startup Revenue Operations Sales 46

Agile VC

APRIL 17, 2011

AGILEVC My idle thoughts on tech startups. How They Make Money: Majority of Kayak’s revenue actually comes from advertising on their site (55%), not lead generation or referral fees to travel suppliers as you might think (more on this below). Financial Snapshot: 2010 Revenue: $170 million. How To Think About The Future.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

venturedig.com

NOVEMBER 1, 2009

In social networking, they’re ever-changing, backed by eye-opening revenue and have very little documentation. The two major forms of this are CPC (cost per click) and CPA (cost per action or acquisition). When you’re a small startup, this is nearly impossible. Total Estimated Revenue For Year: $200 million.

Social Network 55

Social Network Business Model Networking CPA 55