Steve Blank
SEPTEMBER 5, 2018
Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. The idea of the Lean Startup was built on top of the rubble of the 2000 Dot-Com crash.
The Equity Kicker
MAY 6, 2016
Good VCs need to be good forecasters. Deloitte have just published an interesting synopsis of Tetlock’s Superforecasting which gives us some insights into the types of people we need to recruit and the habits we need to cultivate to be good at the forecasting game. cautious in their forecasts. cautious in their forecasts.
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Up and Running
JANUARY 27, 2020
There is much debate as to whether Peter Drucker actually said to Mark Fields, then CEO of Ford Motor Company in March 2000. A critical part of building a strategy that works is reviewing it regularly —compare your forecasts and plans against what’s actually happening. “Culture eats strategy for breakfast.” .
Up and Running
NOVEMBER 3, 2021
On the other hand, if you receive a payment of $2000, that’s considered income or revenue, you’ll generate positive cash flow that can be reinvested in other areas. . Say you’re moving across the country, which can cost anywhere from $1500 to $6000 on average. It’s important to note that cash flow doesn’t give you your net profit.
Duct Tape Marketing
NOVEMBER 3, 2021
Key Takeaway: In a recent Texas Tech Survey, out of 2000 consumers, 89% of them claimed they had a business that they loved enough that they would gladly recommend — only 29% of them actually did it. And I'm going to start by citing a, a recent Texas tech survey of 2000 consumers. Why is there such a gap? Why is there such a gap?
Steve Blank
MARCH 17, 2020
Next, take a look at your actual revenue each month – not forecast, but real revenue coming in each month. If so, whatever revenue forecast and sales cycle estimates you had are no longer valid. And how much are variable expenses (salaries, consultants, commission, travel, AWS/Azure charges, supplies, etc.?). Laying off people?
YoungUpstarts
SEPTEMBER 25, 2012
It can be difficult to forecast the future trajectory of publicly listed technology companies, especially in the short term – after all, most of the available information is already capitalized in their current share prices. In 2000, the company had slightly more than 22,000 workers in the United States and nearly 30,000 workers overseas.
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