The Startup Magazine

JANUARY 19, 2025

For example, these professionals can develop detailed cash flow forecasts that consider market trends and business-specific challenges. Offer Early Payment Incentives Late payments from customers are one of the most common reasons startups struggle with cash flow.

Management 143

Management Startup Forecast Finance 143

The Startup Magazine

JANUARY 21, 2025

Urban areas are increasingly developing comprehensive charging networks, while rural regions may face challenges. Advancements in technology can streamline processes and enhance customer experience, setting businesses apart from their competitors.

Technical Review 144

Technical Review Government Operations Demand 144

Startup Professionals Musings

APRIL 17, 2022

If one of your core values is exceeding your customer expectations for quality and service, and your potential partner ascribes to the low cost, high profit mantra, a successful partnership is highly unlikely over the long-term. Look at the big picture first of development, finance, and marketing/sales. Conflicting visions won’t work.

Partner 385

Partner Software Review CTO Hire Cofounder 385

Steve Blank

MAY 17, 2022

And they figure out how they could digitally enable their business – supply chain, customer interactions, etc. It uses new words to define programming steps, job descriptions, development tools, etc. Think about the competitive edge they’d have by today in business or as a nation. They’d steamroll everyone. What’s Different?

Artificial Inteligence 425

Artificial Inteligence Software Review Algorithm Technical Review 425

TechEmpower

MARCH 4, 2024

Key Functions with High Impact Generative AI is revolutionizing sales by enabling dynamic pricing and personalized customer interactions, boosting conversion rates and customer satisfaction. Post-sale, AI analyzes customer data to improve service and loyalty, making it a cornerstone of modern sales methodologies.

Generative AI 297

Generative AI CTO Hire Fractional CTO Software Review 297

Startup Professionals Musings

JANUARY 22, 2023

Yet many of you are telling me that we are all missing big opportunities by not recognizing the unique challenges faced by startups in developing countries , where infrastructure is lacking, and talent is not so concentrated. Develop new venture models for tougher ecosystems. Manage risk – don’t just “move fast and break things.”

Global 345

Global Silicon Valley Marketing Indonesia 345

Startup Professionals Musings

JANUARY 8, 2023

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Marty Zwilling.

Software Review 285

Software Review Technical Review Due Diligence Intellectual Property 285

The Startup Magazine

MARCH 21, 2025

Through these efforts, a mutually beneficial relationship is cultivated, enabling eager employees to grow and develop and organizations striving for agility and competitive advantage to thrive. This recognition encourages ongoing development, fostering a proactive attitude toward work and instilling greater accountability among team members.

Software Review 117

Software Review Technical Review Employee Agile 117

The Startup Magazine

DECEMBER 12, 2024

By avoiding common mistakes, startups can build a great foundation for growth and customer engagement. Having inconsistent logos, mismatched color schemes, and vague messaging is confusing to potential customers and can erode trust. When they do this this they are potentially missing out on organic traffic.

Social Media 155

Social Media Reputation Startup SEO 155

The Startup Magazine

NOVEMBER 6, 2024

Delegating tasks that don’t require the entrepreneur’s direct expertise, such as administrative duties or customer support, frees up time for focusing on core activities like business development and strategic planning. Learn to Say No One of the toughest skills for many entrepreneurs to develop is the ability to say no.

Management 158

Management Entrepreneur Technical Review Dilution 158

View from Seed

NOVEMBER 18, 2020

But ops & customer support is another 17-20% of revenue and arguably you couldn’t run the business if you took that away. Sales and marketing has been 30%+ basically forever, though undoubtedly Airbnb has enough brand recognition and loyal customers that if you turned off marketing spend then revenue would drop but not to zero.

North America 401

North America IPO Prospectus Europe 401

Startup Professionals Musings

JANUARY 24, 2021

Others schedule exhaustive training sessions for everyone on the team, including showcase customers, to make sure that everyone paints a consistent picture. Due diligence always involves on-site visits, informal discussions with any or all members of the team, vendors, and good customers as well as bad. Status of the solution.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

Startup Professionals Musings

MAY 26, 2023

Often, despite your passion and expectation, customers don’t immediately see the value and need that you see, and you have no idea why the initiative is stuck , and what could be the real customer issue or fix. Customers won’t buy what they can’t find or don’t understand. Solution may require new category development time.

Product 354

Product Technical Review Artificial Inteligence Dividend 354

Steve Blank

APRIL 4, 2023

But OpenAI (the company that developed ChatGPT) is letting ChatGPT reach out and interact with other applications through an API (an Application Programming Interface.) and watched as new industries, markets and customers created literally overnight. This will almost certainly lead to even more new unexpected and emergent behaviors.)

ChatGPT 424

ChatGPT Artificial Inteligence Intellectual Property API 424

Startup Professionals Musings

DECEMBER 30, 2020

You alone will never find enough hours in a day to keep with all the challenges of sales, support, and scaling the business, in addition to developing and delivering your solution. Your leadership skills do not develop without effort. That first burst of customers via word-of-mouth or a viral video won’t sustain your growth.

Intellectual Property 432

Intellectual Property Entrepreneur Technical Review Angel Investor 432

Startup Professionals Musings

OCTOBER 14, 2022

Investors, partners, team members, and customers implicitly value or devalue a startup based on the leader’s physical presence, emotional identity, social skills, intellectual agility, moral values, and past performance in the domain. Leadership brand development. Focus on talent and people growth. Performance accountability processes.

Technical Review 323

Technical Review Due Diligence Valuation Leadership 323

Startup Professionals Musings

OCTOBER 16, 2022

Manage customer service. They probably have arbitrated differences many times before in their lives, and know how important it is to remain calm and soft-spoken in the face of emotional customers and processes that are not working. Software and hardware development architects and designers.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

Startup Professionals Musings

NOVEMBER 28, 2020

Building a minimum viable product, with customer validation. Before you bring on partners, develop intellectual property, raise capital, or generate revenues, you need to establish an official business entity. Building your public image and presence should start even before product development, through your website, logo, and blogging.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

VC Cafe

FEBRUARY 6, 2025

AI Agents & Software Personalised AI Agent Development: Create AI agents that can understand user intent, plan actions, and improve through continuous learning, with a focus on specific verticals like travel, healthcare, or finance.

Software Review 78

Software Review Technical Review Startup Software Engineering 78

Startup Professionals Musings

JUNE 11, 2023

For decades, efforts to satisfy customers have been built around demographics – capitalizing on race, ethnicity, gender, income, and other attributes. Customer personalities define customer experience, and sets what they love, and what they hate. There is no one set of exceptional experiences that will work for all customers.

Social Media 328

Social Media Customer Media Employee 328

Startup Professionals Musings

MAY 17, 2020

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Social causes are great, but your ability to sustain your value contribution is directly linked to your ability to find paying customers.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Startup Professionals Musings

APRIL 11, 2020

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. Focus is the art of limiting your scope to the key function that really matters for the majority of customers.

Startup 424

Startup Bandwidth Distribution Agile 424

Steve Blank

JUNE 8, 2021

This class is built on conducting in-person of interviews with customers/ beneficiaries and stakeholders, but due to the pandemic, teams now had to do all their customer discovery via a computer screen. How would customer interviews work via video? See here for an extended discussion of remote customer discovery.).

Lean 417

Lean Security Asia SBIR 417

Duct Tape Marketing

AUGUST 30, 2024

2 The Marketing Strategy Pyramid 3 Core Components of the Marketing Strategy Pyramid: 3 Business Strategy 4 Developing a Marketing Strategy 5 The Real Brand Strategy 6 Formulating a Growth Strategy 7 Building a Customer Strategy 8 Implementing a Team Strategy What is Marketing Strategy? Table of Contents 1 What is Marketing Strategy?

Marketing 92

Marketing Retention Algorithm Advertising 92

Startup Professionals Musings

MAY 1, 2022

You can have the best technology, but if customers don’t know you exist, or they don’t know how your technology solves a real problem for them, your startup will fail. How many customers will have any idea what this means to them? You need to clearly convey what makes your startup the only choice for your customers.

Marketing 353

Marketing Technical Review Social Media Technology 353

Startup Professionals Musings

FEBRUARY 3, 2021

In fact, customers today also seem more attracted to companies with a higher purpose than profit. Here are some key ones from the most satisfied business leaders that I know: Develop your own plan to get where you want to go. It seems that fulfillment to these new entrepreneurs is all about changing the world and legacy.

Business Model 432

Business Model Entrepreneur Cost Customer 432

TechEmpower

NOVEMBER 13, 2023

So instead, we fill it with a completely custom blurb, written just for him: Hello! Thanks to his custom blurb, instead of closing his browser and feeling inadequate for the rest of the day, Mark completes his bio and becomes a happy customer. Which means better conversions and happier customers.

Generative AI 297

Generative AI Artificial Inteligence Houston America 297

Startup Professionals Musings

JUNE 26, 2020

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. Use non-fuzzy terms to quantify customer value. Provide specifics on the customer business model. They want to see revenue to share in the return.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

APRIL 18, 2021

Contact key vendors and existing customers. This will cover the technology, the current state of development, and customer satisfaction. If the product is in customer hands, expect some customers to be interviewed. All need to know who will be there and what you expect. Size of the market.

Technical Review 380

Technical Review Due Diligence Term Sheet Angel Investor 380

Startup Professionals Musings

OCTOBER 6, 2023

Others schedule exhaustive training sessions for everyone on the team, including showcase customers, to make sure that everyone paints a consistent picture. Due diligence always involves on-site visits, informal discussions with any or all members of the team, vendors, and good customers as well as bad. Status of the solution.

Technical Review 296

Technical Review Due Diligence Term Sheet Bankruptcy 296

Steve Blank

JUNE 20, 2022

Had a continuous customer discovery to create products that customers need and want. But Anthony’s insight was he needed to get out of his 8 th floor office and spend time where his company’s products and services were being developed and delivered. His challenge was to. Leveraged existing company competencies and assets.

CTO 368

CTO Technical Cofounder CTO Hire Incubator 368

Startup Professionals Musings

OCTOBER 11, 2023

For example, the development of reusable rocket technology by SpaceX and Amazon, who could not match NASA supplier budgets, has opened huge new opportunities in space travel and exploration. I’m often asked for the secret to this attribute in developing a team culture. This also applies to key customers as well as strategic partners.

Technical Review 277

Technical Review Partner Matching Channel 277

Steve Blank

DECEMBER 11, 2023

No Knowledge of Computers Silicon Valley emerged from work in World War II led by Stanford professor Fred Terman developing microwave and electronics for Electronic Warfare systems. The company took on any engineering work that came their way but were kept in business developing new code-breaking machines for the Navy.

Minnesota 317

Minnesota Engineer Minneapolis Silicon Valley 317

The Startup Magazine

APRIL 4, 2025

With the explosive rise of TikTok marketing , brands have a golden opportunity to pivot towards more engaging and dynamic customer interactions, making it an indispensable tool in today’s digital strategist’s kit. By encouraging customers to share their stories and experiences, brands cultivate a sense of community and loyalty.

Video 103

Video Marketing Audience Social Media 103

Startup Professionals Musings

MARCH 19, 2023

I recommend his checklist as a starting point for developing team connections and building engaged team members as a key step in becoming an effective team leader, even if your team is spread all over the country: Consciously reduce time spent on outside activities. Murray, who is a recognized expert in the field of business leadership.

Leadership 318

Leadership Technical Review Technical Cofounder Development Team Review 318

Startup Professionals Musings

JUNE 25, 2023

A common initiative I hear from business owners today is their effort to improve the customer experience. To achieve real growth, business leaders need to improve both employee as well as customer experiences. Flexible – listen to allow flex hours and customization. Proactive – timely communication to build trust.

Employee 282

Employee Matching Customer Leadership 282

Startup Professionals Musings

SEPTEMBER 15, 2023

You will see that I believe innovation is only one of many factors that ultimately determine your position with customers and your own legacy: Ideas are everywhere – success is all about execution. Search for customer pain rather than high margins. New customers don’t see incremental improvements.

Artificial Inteligence 286

Artificial Inteligence Technology Leadership Business Model 286