ConversionXL

JUNE 5, 2014

Has your company’s customer retention rate increased, decreased or remained status quo over the past five years? Have you outlined and initiated a formal customer retention strategy? In a study by Harvard Business School , it was found that increasing customer retention by even 5% can increase profits between 25-95%.

Retention 98

Retention Customer Developer Programming 98

Steve Blank

JULY 7, 2015

Eric was the very first practitioner of my Customer Development methodology which became the core of the the Lean methodology. Back in 2004 when Eric and his IMVU co-founder Will Harvey approached me about investing in IMVU, I agreed on one condition – they had to take my Customer Development class at UC Berkeley Haas Business School.

Lean 120

Lean Silicon Valley Technical Cofounder Channel 120

YoungUpstarts

JUNE 3, 2011

Its product Fetch Fans is a social media design application that builds highly interactive and custom branded Facebook business page tabs, Twitter and blog backgrounds, which was launched at DEMO earlier this year. This then enables companies to rapidly roll out a widespread and pervasive social media footprint through its product.

Social Media 187

Social Media Media Management Application Development 187

ConversionXL

JANUARY 18, 2022

You’d think that no one could recreate a product so sophisticated and advanced as space rockets, right? He was swiftly followed by Richard Branson and Virgin Galactic in 2004. With enough resources, products can always be copied. It’s tough to compete on product alone and you’re likely to see diminishing returns.

Marketing 109

Marketing Social Media Non-Compete Audience 109

A Crowded Space

OCTOBER 3, 2018

I remember when I made that first flight out to San Francisco from Boston to meet the team in 2004, the company was down to its last $20K in the bank. Very shortly after I joined, Greg Gretsch (now my partner at Jackson Square Ventures) co-led oDesk’s Series A along with Venky Ganesan (partner at Menlo Ventures and lead investor in Rev.com).

San Francisco 60

San Francisco Bangladesh Ukraine Philippines 60

Agile VC

APRIL 17, 2011

Kayak was started here in my backyard of Boston… co-founder & CTO Paul English and the product/engineering team is based here in Concord MA. Founding Date: 2004. paying for travel data from ITA or others (customers acquisition spend is not included in COGS). round closed in June 2004. Series A Preferred.

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

Hearpreneur

JUNE 4, 2021

These are keepsake cards and many of our customers tell us that the recipients frame their cards. 9- Providing Legitimate B2B Customer Data in the Era of Mistrust. That's when I was struck by the idea: Why not provide a legit B2B customer database that is neither dodgy and nor a bad fit for a business? that add texture.

Entrepreneur 134

Entrepreneur B2B Database Technical Review 134

Both Sides of the Table

NOVEMBER 29, 2010

.&# I took it to mean, “making decisions with small amounts of money (pennies) that end up making bad sense for affecting larger amounts of money (pounds, as in Great British Pounds).&# I thought of it as people who cut corners on small costs but paid dearly in terms of lost productivity on expensive staff. I Love Scrappy.

Warrant 333

Warrant Germany France Cost 333

Duct Tape Marketing

JUNE 10, 2011

SIMPLE, EFFECTIVE AND AFFORDABLE SMALL BUSINESS MARKETING Home About Consulting Products Programs Workshops Blog Resources Contact Subscribe by RSS Subscribe to Duct Tape Marketing by Email Small Business Week 2011 Our winners! This is so critical if you plan to build a strategic partner platform.

Small Business 58

Small Business Marketing Software Review Social Media 58

Steve Blank

APRIL 29, 2010

I’ve been teaching Customer Development at U.C. Berkeley’s Haas Business School since the fall of 2004 and in a joint MBA with Columbia since 2005. Back in 2004, Jerry Engel the head of the Entreprenuership program at Haas Business School at U.C. A lot has happened since I first authored and taught the class. Four Steps.

Customer Development 242

Customer Development Lean Developer Customer 242

Agile VC

MAY 26, 2011

Google is still a private company (their IPO was Aug 2004). conference happened at the end of 2004). Yes… he was a very successful PayPal exec and previously co-founder & VP Product of SocialNet. Not long after the product launch we began the initial conversations with VCs for a Series A round.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Both Sides of the Table

APRIL 13, 2011

In 2004 / 2005 I was starting to get intrigued with user-generated content. And especially if you are dealing with early stage firms where partners might have different areas of specialization but they might have a lot of connective tissue across things. RSS was something that had appeared.” “….I Is that when it became big?

Technical Review 288

Technical Review Venture Capital Silicon Valley Software Review 288

Up and Running

APRIL 18, 2014

With my third business, I didn’t even try to be original—I purchased a custom framing franchise and piggybacked to success on someone else’s name. Only start a business if you are deeply passionate about solving the underlying problem for your customers. My next venture didn’t fare much better. Write it down on a napkin. Rob’s advice.

Detroit 156

Detroit Technical Review Cofounder North America 156

Duct Tape Marketing

JUNE 24, 2011

SIMPLE, EFFECTIVE AND AFFORDABLE SMALL BUSINESS MARKETING Home About Consulting Products Programs Workshops Blog Resources Contact Subscribe by RSS Subscribe to Duct Tape Marketing by Email Small Business Week 2011 Our winners! Now, what you can charge and what you actually charge is rarely the same thing. 7 Characteristics of a Re. :

Small Business 66

Small Business Marketing Software Review Social Media 66

Hearpreneur

SEPTEMBER 9, 2022

The project was a little unexpected – creating customer cereal boxes called Obama-Os and Cap’n McCains, timely for the 2008 elections. This included health insurance and making them domestic partners. And it’s a definite win-win for the customers and the manufacturer. Thanks to Matt Gillman, SMB Compass. #10-

Entrepreneur 97

Entrepreneur Bankruptcy Southern California South Africa 97

Duct Tape Marketing

JUNE 7, 2011

SIMPLE, EFFECTIVE AND AFFORDABLE SMALL BUSINESS MARKETING Home About Consulting Products Programs Workshops Blog Resources Contact Subscribe by RSS Subscribe to Duct Tape Marketing by Email Small Business Week 2011 Our winners! I wrote a post about Facebook Like buttons some time ag. 7 Characteristics of a Re. : The Complete Small Busine.

Small Business 59

Small Business Marketing Social Media Software Review 59

Austin Startup

MARCH 1, 2019

That’s why our first experience will be in a brewpub, where customers can see beer brewed on one side, and pork on the other, in the same type of reactors. Our industry’s biggest challenge is to create a production method for meat that’s substantially less expensive than the closest comparable system?—?the for delicious meat.

Technical Cofounder 48

Technical Cofounder San Francisco Cofounder Startup 48

Both Sides of the Table

AUGUST 14, 2011

During the 2004 election he was accused of having made up material facts from his service in the Vietnam War in an election against somebody who didn’t serve in a war. Understand the Gravity of the Situation for Your Customers. Think John Kerry and the “swift boat&# scandal. He’s verbose, often off message and wooden.

PR 329

PR Management Startup Vietnam 329

Duct Tape Marketing

MAY 16, 2011

SIMPLE, EFFECTIVE AND AFFORDABLE SMALL BUSINESS MARKETING Home About Consulting Products Programs Workshops Blog Resources Contact Subscribe by RSS Subscribe to Duct Tape Marketing by Email Small Business Week 2011 Our winners! To develop your marketing strategy, think about the marketing efforts it would take to get more customers to renew.

Marketing 53

Marketing Social Media Software Review Small Business 53

Duct Tape Marketing

MAY 18, 2011

SIMPLE, EFFECTIVE AND AFFORDABLE SMALL BUSINESS MARKETING Home About Consulting Products Programs Workshops Blog Resources Contact Subscribe by RSS Subscribe to Duct Tape Marketing by Email Small Business Week 2011 Our winners! Explain how you love providing great service and encourage customers to review your service.

Web 46

Web Software Review Cofounder Small Business 46

The Equity Kicker

NOVEMBER 6, 2013

The capital would be spent to build the product, and hopefully you’d have some customers at the end of it, but it wasn’t required. In 2004, you’d raise $500k with just an idea. Then you’d build the product and spend $5M to market it. Maybe the product won’t be launched, but people will want to play with a demo at least.

San Francisco 105

San Francisco Product Open Source Distribution 105

Up and Running

JUNE 16, 2014

That’s what you’re supposed to be doing and what your partners and employees are supposed to help with. In 2004, Alexis Ohanian and Steve Huffman launched Reddit. I’m personally 70% management, 30% product […] If I feel a priori that the CEO can’t cut it I’m highly unlikely to invest. They’re the PR and the security.

Exit Strategy 91

Exit Strategy Advisory Board Business Plan Portfolio 91

Feld Thoughts

JANUARY 29, 2015

For over a decade, I heard and made happy talk from two directions – that of the investor in a startup and that of the partner of a big company that was looking to work with startups. That we were building an ecosystem. That we’d do all kinds of vague and unspecified things together in the name of innovation.

Venture Capital 70

Venture Capital Reputation Affiliate Conversion 70

Duct Tape Marketing

JUNE 13, 2011

SIMPLE, EFFECTIVE AND AFFORDABLE SMALL BUSINESS MARKETING Home About Consulting Products Programs Workshops Blog Resources Contact Subscribe by RSS Subscribe to Duct Tape Marketing by Email Small Business Week 2011 Our winners!

Small Business 70

Small Business Customer Marketing New York 70

Steve Blank

JUNE 18, 2013

I read a ton of existing literature and came up with a formal methodology for search I called Customer Development. Berkeley asked me to teach a class in Customer Development at Haas business school. In 2004 I funded IMVU, a startup by Will Harvey and Eric Ries. I wrote a book about this called the Four Steps to the Epiphany.

Lean 292

Lean Agile Customer Development Business Model 292

Hearpreneur

NOVEMBER 11, 2017

One side benefit of our name is the ‘formal’ and ‘official’ connotations of the word Institute – which might give us a little more credence with customers. 4- Focusing on our customers and their guests. I sell thermometers and thermal imagers, and write reviews on popular products. Thanks to Ian Naylor, AppInstitute ! #2-I

Naming 56

Naming Baltimore PR Entrepreneur 56

YoungUpstarts

MAY 31, 2011

I came back to India , in 2004. Soon enough, we met a couple of niche product companies, and things have taken off from there. It’s a dramatic shift from how things were in 2004. Unfortunately, there was neither customers/infrastructure, nor the kind of capital required to build ventures like Twitter and Facebook in India.

India 208

India Silicon Valley Early Stage Asia 208

Feld Thoughts

FEBRUARY 21, 2014

A month ago, the Yesware leadership team came to Boulder for an offsite, a few customer visits, a several hour strategy meeting with me, and then a nice dinner with me at Kasa. In 2004 I wrote a post titled TDC (Thinly Disguised Contempt). The gong that gets rung at Gnip every time a new sale is made or partner deal is signed.

Partner 140

Partner Leadership Sales Product 140

reidhoffman.org

NOVEMBER 12, 2013

× At Greylock , my partners and I are driven by one guiding mission: always help entrepreneurs. What I’ve honorably been able to do, however, is share the deck I used to pitch LinkedIn to Greylock for a Series B investment back in 2004. the consumer internet landscape in 2004 vs. today. Reid Hoffman. Reid Hoffman.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Steve Blank

JUNE 18, 2013

I read a ton of existing literature and came up with a formal methodology for search I called Customer Development. Berkeley asked me to teach a class in Customer Development at Haas business school. In 2004 I funded IMVU, a startup by Will Harvey and Eric Ries. I wrote a book about this called the Four Steps to the Epiphany.

Lean 184

Lean Agile Customer Development Business Model 184

ReadWriteStart

NOVEMBER 5, 2019

The product/service did not satisfy any need in the market. Many entrepreneurs with the enthusiasm to test their idea, downplay this aspect, with the conviction that they can persuade their target audience to buy their product or use their services, which, as we see, does not end up happening. No money to continue investing.

Venture Capital 77

Venture Capital Cofounder Finance United States 77

Steve Blank

APRIL 15, 2016

Balancing business and family, and ensuring demand for your product were key lessons shared by two veteran entrepreneurs on today’s Entrepreneurs are Everywhere radio show. Michael Mondavi , founder and coach of Folio Fine Wine Partners. In Silicon Valley for three decades, spent eight years as a partner at US Venture Partners.

Silicon Valley 141

Silicon Valley California Entrepreneur Cofounder 141

ConversionXL

MAY 27, 2022

It uses marketing to raise brand awareness and get people excited about your products or services. Longer customer journeys and drawn-out purchase decisions influenced by multiple touchpoints. The right idea should unite your mission with what your customers want to achieve. Today’s buyers are more empowered than ever.

Demand 115

Demand Affiliate Audience Leadership 115

ReadWriteStart

APRIL 24, 2021

Agile mindset is a system of beliefs characterized by a customer-centric approach, emphasizing communication and consistent collaboration with the customer and inside the team. The four Agile values, defined in the Agile Manifesto, deliver value to the customer, responsiveness to change, effective communication, and people centricity.

Agile 146

Agile SCRUM Technical Review Management 146

500hats.com

AUGUST 2, 2012

Meanwhile, Micro VC has focused on sweeping changes in technology and consumer internet adoption that have enabled dramatically reduced capital requirements for building new software companies, as well as accelerated access to customers via search, social, and mobile platforms. They are operators, through and through.

Silicon Valley 74

Silicon Valley Early Stage Venture Capital Valuation 74

Steve Blank

APRIL 15, 2016

Balancing business and family, and ensuring demand for your product were key lessons shared by two veteran entrepreneurs on today’s Entrepreneurs are Everywhere radio show. Michael Mondavi , founder and coach of Folio Fine Wine Partners. In Silicon Valley for three decades, spent eight years as a partner at US Venture Partners.

Silicon Valley 120

Silicon Valley California Entrepreneur Cofounder 120

Duct Tape Marketing

JUNE 20, 2011

SIMPLE, EFFECTIVE AND AFFORDABLE SMALL BUSINESS MARKETING Home About Consulting Products Programs Workshops Blog Resources Contact Subscribe by RSS Subscribe to Duct Tape Marketing by Email Small Business Week 2011 Our winners! It’s essential that you find ways for people sample your products or expertise. Well, not exactly.

Social Media 67

Social Media SEO Programming Engineer 67