Startup Professionals Musings

JUNE 26, 2020

For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” Be sure to include this in your “elevator pitch,” which you must always deliver as a prelude to your technology features. They want to see revenue to share in the return. Budget time and dollars for each.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

OCTOBER 16, 2022

They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated.

Advisory Board 368

Advisory Board Dividend Angel Investor Cofounder 368

The Startup Magazine

JANUARY 21, 2025

Entrepreneurs entering this field should consider adopting environmentally friendly technologies to stay competitive. Harnessing Technology for Operational Efficiency Integrating technology into day-to-day operations is essential to stay competitive in the transport sector.

Technical Review 144

Technical Review Government Operations Demand 144

Startup Professionals Musings

FEBRUARY 14, 2022

Neither breakthrough technology nor maximum features will assure that “if we build it, they will come.” In fact, NISI recommends starting with the minimum focused set of features and technology that will drive a customer purchase. Nail the solution. Process myth: Why building a product leads to failure.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

Startup Professionals Musings

MAY 22, 2020

Every startup founder loves to prompt for questions from investors and potential key team members about their vision, and the huge opportunity that can be had with their disruptive technology. 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

Steve Blank

OCTOBER 15, 2019

Disruption today is more than just changes in technology, or channel, or competitors – it’s all of them, all at once. The result of monopolist behavior is that innovation in that sector dies – until technology/consumer behavior passes them by. By then the company has lost the ability to compete as an innovator.

Government 322

Government Technical Review Acquisition Metrics 322

The Startup Magazine

JANUARY 5, 2025

Whether you are trying to increase your revenue or improve your customer satisfaction, taking your business to the next level means looking at all of your strategic opportunities. Leverage Technology for Growth Technology is a powerful tool for driving efficiency and innovation.

Software Review 147

Software Review Technical Review Retention Campaign 147

Startup Professionals Musings

APRIL 4, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Apply for contests and business grants.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

APRIL 14, 2021

As a logical and data-driven business advisor, I have long focused on facts, technology, and quantifiable pain in guiding entrepreneurs. Other startups use technology to provide personalized products to all customers. Build positive relationships with potential customers.

Customer 432

Customer Social Media Dividend Technical Review 432

Startup Professionals Musings

JANUARY 18, 2020

They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated.

Advisory Board 312

Advisory Board Startup Dividend Angel Investor 312

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. Build a Talented Team of Technology and Business Professionals.

Incubator 188

Incubator Startup Software Developers Software Development 188

Startup Professionals Musings

MAY 26, 2023

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. Don’t count on these as short-term solutions to a growth problem. If you go this route, make sure your solution is strategic.

Product 354

Product Technical Review Artificial Inteligence Dividend 354

Startup Professionals Musings

AUGUST 17, 2020

Even good social causes need to bring in revenue to continue their worthy efforts. For example, the Segway personal vehicle was proven technology 15 years ago, but is still constrained by right-of-way laws, liability issues, and charging stations. Ask domain experts to quantify value for you.

Technical Review 434

Technical Review Due Diligence Intellectual Property Internet 434

Startup Professionals Musings

FEBRUARY 8, 2020

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Find a strategic partner to accelerate growth.

Management 322

Management Entrepreneur Forecast Stock Options 322

Steve Blank

OCTOBER 22, 2024

In March 2022 I wrote a description of the Quantum Technology Ecosystem. Just as a reminder, Quantum technologies are used in three very different and distinct markets: Quantum Computing , Quantum Communications and Quantum Sensing and Metrology. have different error rates and causes of errors unique to the underlying technology.

Technical Review 267

Technical Review Illinois Algorithm Software Review 267

Startup Professionals Musings

NOVEMBER 23, 2020

Experiments on today’s revenue engine necessarily focus on short-term financial goals. On the other end of the spectrum, technology startups also really need this mentality, since the rate of change there is rapid, and competition is so intense. Sponsor experiments and measure like new investments.

Framework 402

Framework Engineer Leadership Revenue 402

Startup Professionals Musings

NOVEMBER 2, 2022

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Find a strategic partner to accelerate growth.

Forecast 304

Forecast Stock Options Technical Review Metrics 304

Startup Professionals Musings

NOVEMBER 28, 2020

Years ago, it cost a million dollars for a new e-commerce site, one that you can now create for almost nothing with current tools and technology. Before you bring on partners, develop intellectual property, raise capital, or generate revenues, you need to establish an official business entity.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. But as Carlota Perez has so aptly described, all new technology industries go through an eruption and frenzy phase, followed by a crash, then a golden age and maturity.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

AUGUST 23, 2020

But there is no magic formula on how to bring these together a second time, but I did see some good insights on the parameters in a classic startup business parable, “ Endless Encores ,” by Ken Goldstein, who advises startups and has built companies in technology, entertainment, media, and e-commerce.

Technical Review 324

Technical Review Entrepreneur Due Diligence Business Model 324

Startup Professionals Musings

SEPTEMBER 8, 2021

As a long-time business advisor, and an investor in startups along the way, I’m always on the lookout for an entrepreneur who is responding first to a problem in the marketplace , rather than bringing a new technology to the market, assuming it will find a problem to solve. A recurring expense was turned into a recurring revenue.

Social Media 330

Social Media Entrepreneur Revenue Internet 330

YoungUpstarts

NOVEMBER 2, 2020

They might lack an aligned vision, or encounter resistance, or have the wrong technology. A study by the market research firm Penn, Schoen, & Berland found that 82 percent of millennials can be swayed in their career decisions by a digitally equipped office, while 42 percent would leave a company due to “substandard technology.”

Valuation 264

Valuation Technical Review Revenue Operations 264

ReadWriteStart

JUNE 19, 2021

There are few technologies in the world today that can make a Trillion-dollar impact on the global economy. Also, it can open up numerous business models and revenue channels that were earlier inaccessible for want of a suitable hardware and software solution. IoT (Internet of Things) is one of them. Source: Mckinsey.

Technical Review 215

Technical Review Software Review Cloud Vertical 215

VC Cafe

JANUARY 24, 2021

The move to remote work forced quick adoption of cloud technology and tools that were once having difficulties selling to large corporates, saw explosive growth – from Zoom to Hopin, new unicorns were born in record time. billion gamers worldwide will help the global games market generate revenues of $189.3 Twitch stats in 2020.

Technical Review 207

Technical Review Audio Forecast Social Media 207

The Startup Magazine

FEBRUARY 17, 2025

Start by conducting a thorough analysis of your start-up costs, ongoing expenses, and potential revenue streams. Flexibility in pricing can cater to a broader client base, enhancing your revenue potential. Consider leveraging technology to streamline operations and reduce unnecessary expenses.

Mobile 94

Mobile United States Technical Review Business Model 94

Startup Professionals Musings

OCTOBER 26, 2022

Moving forward, you should expect the market volatility to increase, driven not only by customers, but by new technology, changing government regulations, and a surge in new competitors. If you as an entrepreneur are not “listening” to your online reviews, and not moving quickly to make changes, you are losing ground.

Agile 379

Agile Technical Review Leadership Social Media 379

ReadWriteStart

DECEMBER 20, 2022

According to an Accenture study, companies are increasingly becoming invested in creation, with 62% of high-growth companies planning to invest in technologies that lead to higher rates of innovation study. Rental subscriptions and late fees were the main drivers of revenue for the organization. Application Development Activity.

Software Review 190

Software Review Application Development Technical Review Bankruptcy 190

Feld Thoughts

JUNE 11, 2021

It was the end of January 1988, about nine months since we had embarked on turning Brad’s solo consulting shop, Feld Technologies, into a real business. Much of our revenue for the month had come from one highly productive though erratic undergraduate developer, Mike, who was working on a billable client project. It follows.

Common Stock 213

Common Stock Boston Europe Software Developers 213

The Startup Magazine

DECEMBER 15, 2024

In today’s fast-paced world, technology is constantly evolving, and businesses must adapt quickly to stay competitive. From advancements in artificial intelligence to the internet in general, keeping up with the latest technology trends can be a challenge.

Technology 157

Technology Artificial Inteligence Software Cloud 157

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 drew this conclusion after a meeting we had with Morgan Stanley where they showed us historical 15 & 20 year valuation trends and we all discussed what we thought this meant.

Technical Review 416

Technical Review Pre-Money Valuation San Francisco Valuation 416

VC Cafe

MARCH 1, 2024

In addition, founders thinking about starting a company can be overwhelmed by choice, as there are so many problems to tackle with technology, but it could be comforting to know that investors are interested in those areas in the first place. Generalizable robotics represent a $24 trillion-plus global revenue opportunity.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

Startup Professionals Musings

SEPTEMBER 17, 2021

With the best solutions, the customer gets value which exceeds your revenue. So before you conclude that your technology alone will catapult you to riches, take a success lesson from some super sales people who have learned the hard way. Like many salespeople, they see themselves as hunters. You are not the servant of your customer.

Sales 348

Sales Startup Bootstrapping Technical Review 348

VC Cafe

MARCH 16, 2025

The integration of AI and generative AI is radically transforming how consumers interact with technology, potentially leading to a wave of innovative products and services. These costs represent an ongoing tax on revenue, requiring careful consideration in business model design.

Technical Review 78

Technical Review B2C Generative AI IPO 78

The Startup Magazine

JUNE 5, 2024

Investing in automation technologies like smart locks and security systems enhances facility security while improving operational efficiency by reducing manual intervention. They also assist with revenue management by analyzing market trends and optimizing rental rates. Diversify Revenue Streams Think beyond just rental fees.

Security 147

Security Technical Review Operations Revenue 147

Both Sides of the Table

MAY 20, 2020

Even more likely is eventual technology disruption where drones deliver foods and make it hard for existing car delivery services to compete. It was only about 10–15% of their actual total revenue per month so for many it wasn’t a battle worth fighting?—?they they just put up with the food delivery company fees.

Technical Review 242

Technical Review Software Review Aggregator Australia 242

Startup Professionals Musings

FEBRUARY 8, 2023

For the rest of us, here is my prioritized list of key strategies that I believe every business leader can benefit from as a starting point in making the current inflation economy less of a negative impact on their business, or maybe even a pleasantly surprising positive: Solicit follow-on revenue from existing customers.

Technical Review 239

Technical Review Revenue Social Media Cost 239

Startup Professionals Musings

MARCH 26, 2022

Some say it’s happening today because it’s new, and technology makes it possible. Choose an agency partner who is pushing the envelope and remember to consider technology, media, and creative opportunities. They do it because engaged customers become loyal advocates and buyers. Welcome to the “Participation Age” of marketing.

Customer 267

Customer Technical Review Social Media Partner 267