Startup Professionals Musings

OCTOBER 16, 2022

Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. Manage customer service. Personnel Manager. Every young entrepreneur needs an experienced partner for credibility with investors, and as a trusted cohort for strategy and growth discussions.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

Startup Professionals Musings

OCTOBER 22, 2021

Generate revenue around the clock. Hiring virtual assistants for each specific project can be a lot more efficient and cheaper than hiring and managing employees. Focus on recurring revenues. With a stable base of subscribers, this can mean a continuing revenue stream from newsletters, support, or advice on demand.

Technical Review 312

Technical Review Software Review Internet Revenue 312

Startup Professionals Musings

MAY 22, 2020

The allocation of shares among the founders, and the number and size of outside investments, will tells volumes about the health, stability, and management of the business. If the company has been around for more than a couple of years, and still has no product or revenue flow, there better be a good explanation.

Technical Review 436

Technical Review Due Diligence Sweat Equity Burn Rate 436

Startup Professionals Musings

FEBRUARY 14, 2022

You can review all the specifics of this approach in the classic book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. These areas include market, process, and team transitions.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

Startup Professionals Musings

JUNE 26, 2020

The most common business entity used for startups is a Limited Liability Corporation (LLC), which is the cheapest and simplest to manage. 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.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

The Startup Magazine

APRIL 21, 2025

Whether through better management practices, smart use of technology, or offering services that align with customer expectations, there are many strategies to keep your HVAC business on track. Effective Management Practices The foundation of an efficient HVAC business lies in its management practices.

Technical Review 97

Technical Review United States Software Review Operations 97

Startup Professionals Musings

JANUARY 18, 2020

Often the Boomer is more willing to work for equity, and easily convinced to step aside when revenues reach that next threshold. Manage customer service. Personnel Manager. Every young entrepreneur needs an experienced partner for credibility with investors, and as a trusted cohort for strategy and growth discussions.

Advisory Board 312

Advisory Board Startup Dividend Angel Investor 312

Both Sides of the Table

SEPTEMBER 15, 2022

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? We don’t want to compete for the largest AUM (assets under management) with the biggest firms in a race to build the “Goldman Sachs of VC” but it’s clear that this strategy has had success for some.

Technical Review 416

Technical Review Pre-Money Valuation San Francisco Valuation 416

Startup Professionals Musings

NOVEMBER 2, 2022

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.

Forecast 304

Forecast Stock Options Technical Review Metrics 304

Startup Professionals Musings

MAY 23, 2022

One 11-year study of over 200 companies over a decade ago, detailed in the book “ Corporate Culture and Performance ,” found that those working on their culture improved revenue by 516%, and increased net income by 755%. Business ethics are more about religion than management or leadership. Ethics can’t be managed.

Software Review 291

Software Review Offshore Entrepreneur Leadership 291

ReadWriteStart

DECEMBER 15, 2022

Client work serves as an additional source of revenue to form new startups. This outside work provides a valuable source of revenue able to be used to fund operations. Over time, this revenue reduces the dependency on outside venture capital sources. It also provides critical domain experience in a variety of business sectors.

Incubator 188

Incubator Startup Software Developers Software Development 188

Startup Professionals Musings

OCTOBER 30, 2020

You need a stable customer base with an automatically renewing revenue stream, such as the subscription model. In this age of the gig-economy, you can more quickly hire and manage freelancers, contract workers, and contract operations. Every new business has unexpected pivots and adjustments, and outsourcing is easier to manage.

Merger 386

Merger Acquisition Software Review Social Media 386

Startup Professionals Musings

JUNE 23, 2021

For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. Yet, as a business consultant, I often find minimal focus on improving employee engagement and assessing their customer-facing performance.

Customer 369

Customer Technical Review Metrics Employee 369

Startup Professionals Musings

NOVEMBER 23, 2020

Experiments on today’s revenue engine necessarily focus on short-term financial goals. These three boxes include managing the present, escaping the traps of the past, and generating breakthrough ideas. The trick is not to sweep everything aside, but to balance relevant aspects of now while making room for what is new.

Framework 402

Framework Engineer Leadership Revenue 402

Startup Professionals Musings

OCTOBER 26, 2022

Managing an agile business means managing change, not solidifying a status quo. Business agility is simply to ability and intent to make small changes, on a daily basis, to penetrate new markets, add new revenue streams, reduce costs, and prune out products that are no longer carrying their weight.

Agile 379

Agile Technical Review Leadership Social Media 379

Startup Professionals Musings

MAY 25, 2020

Investors know that the fun of a startup turns into managing production processes, sales processes, and personnel in a few years. The buyer has the challenge of scaling the business, and managing all the operational growth requirements. Investors hesitate to invest under these conditions. You can kick-off your next startup.

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

The Startup Magazine

FEBRUARY 17, 2025

Managing Costs and Pricing for Profitability Financial management is a cornerstone of any successful business, and mobile IV therapy ventures are no exception. Start by conducting a thorough analysis of your start-up costs, ongoing expenses, and potential revenue streams.

Mobile 97

Mobile United States Technical Review Business Model 97

Startup Professionals Musings

NOVEMBER 28, 2020

Before you bring on partners, develop intellectual property, raise capital, or generate revenues, you need to establish an official business entity. Set milestones and manage to those targets. Minimum viable products (MVPs) are recommended for validating the market, with iterative enhancement to quickly meet market feedback.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

YoungUpstarts

MAY 12, 2020

Additionally, you’re not expected to excel at every single vertical of successfully managing the business. Product management? Peshev focuses the majority of his time on running his business and leading distributed tech teams at DevriX of 50+ people crafting high-scale WordPress solutions optimized for revenue.

Distribution 264

Distribution Vertical Business Plan Software Development 264

The Startup Magazine

JANUARY 21, 2025

These partnerships can lead to innovative solutions and revenue opportunities for all parties involved. Partnering with technology firms can provide insights into the latest advancements for optimising fleet management, enhancing safety, and offering more responsive services, helping businesses grow.

Technical Review 144

Technical Review Government Operations Demand 144

The Startup Magazine

JUNE 5, 2024

Implementing state-of-the-art management software to streamline administrative tasks like rental agreements, billing, and inventory management maximizes space utilization and minimizes human error. A self-storage management company can become a valuable asset in your quest to maximize profit margins.

Security 147

Security Technical Review Operations Revenue 147

The Startup Magazine

MARCH 19, 2025

Many struggle to establish their online presence effectively while managing day-to-day operations. It combines website development, search engine optimization, social media marketing, and online reputation management into one cohesive solution. We increased our revenue by 20% last year. Hibu, a U.S.-based

Rhode Island 88

Rhode Island Ohio Web Development Social Media 88

Startup Professionals Musings

MARCH 6, 2021

Many startups see initial revenue from customers, and love the fast growth, but fail to anticipate the cost of early vendor payments, monthly overhead costs, and later taxes. Entrepreneurs should sign every check and manage cash personally, rather than delegate this task to anyone.

Technical Review 379

Technical Review Finance Startup Salary 379

Startup Professionals Musings

AUGUST 24, 2022

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. We want to make sure you can break down the silos and manage to results. Buyer behavior is difficult to predict and quantify.

Acquisition 250

Acquisition Cost Customer Sales Cycle 250

The Startup Magazine

FEBRUARY 21, 2022

Its use helps to significantly save time for both the manager and ordinary employees. Also, the use of a CRM system not only helps companies manage their customer base, but also makes it possible to keep up with the expectations of today’s home buyers and sellers. We have collected statistics to prove this.

Software Development 217

Software Development Software Developers Software Developer 217

Startup Professionals Musings

FEBRUARY 1, 2020

Managing an agile business means managing change, not solidifying a status quo. Business agility is simply to ability and intent to make small changes, on a daily basis, to penetrate new markets, add new revenue streams, reduce costs, and prune out products that are no longer carrying their weight.

Agile 315

Agile Technical Review Leadership Social Media 315

Duct Tape Marketing

SEPTEMBER 4, 2024

He shares his journey from struggling home service contractor to helping thousands of contractors increase their revenue. Key Takeaways Providing high-quality service and multiple options can significantly increase revenue for home service contractors. How to Win Clients, Double Profit, and Grow Your Home Service Sales.

Cloud 88

Cloud Bankruptcy Widget Kansas City 88

Startup Professionals Musings

JULY 1, 2020

The list of things to manage seems to grow endlessly, including financial crises, personnel, investors, and customers, with each going in different directions, and threatening to be out of control. Managing cash is an overwhelming burden, in good times and bad.

Entrepreneur 306

Entrepreneur Due Diligence Startup Acquisition 306

VC Cafe

FEBRUARY 6, 2025

Robotics & Autonomous Systems Robotaxi Fleet Management: Develop a platform for managing and optimising robotaxi fleets, focusing on safety and efficiency, with a focus on the US and China markets. They want to fund startups that enable generalist software developers to manage these teams of agents.

Software Review 78

Software Review Technical Review Startup Software Engineering 78

Startup Professionals Musings

SEPTEMBER 8, 2021

A recurring expense was turned into a recurring revenue. Over time, Jobs managed to temper his perfectionism and succeed in the bigger consumer market. Openly acknowledge current challenges in your business. Business leaders who see problems only as a burden tend to hide them from the team, or actually ignore them until a crisis hits.

Social Media 330

Social Media Entrepreneur Revenue Internet 330

YoungUpstarts

JULY 19, 2022

The post How To Properly Manage Your Hospice Billing And Revenue appeared first on Young Upstarts. Struggling with hospice billing? A well-functioning RCM can mean the difference between a thriving hospice and one that is struggling to make ends meet.

Revenue 246

Revenue Management 246

Hunter Walker

OCTOBER 14, 2024

It has required a balance of aggressiveness and patience, managing cash flow, building fundraising processes around these distribution gains and many more things that I’ve had to get better at over time. It may seem academic, but living it means building a business much differently.

New York City 116

New York City Hockey Stick Distribution Angel Investor 116

VC Cafe

MARCH 1, 2024

Personal Finance Cross-account visibility and management – Today’s AI products can analyze and move money between accounts – as agents improve, they will make trades across accounts. AI – tax planning or wealth management augmented and in some cases replaced with AI. Complex transactions move from services ?

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

Steve Blank

JANUARY 17, 2023

I don’t have a killer idea, or a technical team, but I do know how to build, grow, and manage teams.”. The most successful venture studios are founded by entrepreneurs that have previously built companies with $10+M in revenue and had 100+ employees. Carlos stirred his coffee. The Alternative: Venture Studios.

Technical Cofounder 368

Technical Cofounder Intellectual Property Technical Review Incubator 368

The Startup Magazine

MARCH 8, 2024

Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. Businesses can improve their creditworthiness by making timely payments, reducing outstanding debt, and managing their finances and credit reports responsibly.

Finance 147

Finance Technical Review Metrics .Net 147

The Startup Magazine

JUNE 11, 2024

Conventional SEO often falls short, but enterprise SEO companies offer specialized strategies and tools to efficiently manage and optimize large-scale digital presences. This ensures efficient management and optimization as the website’s footprint grows. How does enterprise SEO handle large website scale and complexity?

SEO 146

SEO Technical Review Syndication Syndicate 146

The Startup Magazine

AUGUST 21, 2024

Running a business comes with various challenges, and managing business risks is one of the most critical aspects. An effective risk management strategy plays a crucial role in ensuring the stability and prosperity of any business. Communication Plan: Ensuring all stakeholders are informed and engaged in risk management.

Technical Review 167

Technical Review Global Reputation Employee 167