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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Lately I’ve been having to say things I thought I’d never have to remind people, like, “getting to positive gross margin in several territories is a very low bar to claim success” or “profitable excluding marketing costs” is not actually a real thing. Market Size. MakeSpace provides physical storage.

Startup 150
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How to Raise Money – It’s a Journey Not An Event

Steve Blank

Every year I teach classrooms full of students who leave class understanding the basics of how to search for product/market fit—and thinking their next goal is to “get funded.”. You (think) you have product-market fit with real customers and real revenue and need money to grow and expand. That’s a mistake. Step 5: Series, C, D….

Cofounder 431
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5 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Today HuffPo is one of the most well-read and well respected online media outlets but when she started it in 2005 she had lots critics who dismissed her unpaid bloggers and editorial content. She found her audience and her business model and focused on scaling her concept and she made it work. Tell us in the comments below.

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28 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

I vigorously researched and worked to develop the idea, and two years later, Magnetic Me came to market with a full line of infant’s wear to critical acclaim. I realized that what worked for me could work for sales and marketing teams across the world. To those thinking about starting their own business, remember: it pays to give.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

I had previously raised VC in 1999, 2000, 2001 and 2005. They looked nervous at having to speak with me impromptu and without the benefit of financial figures to scoff at, product pitches that they’ve seen 100 times and a market sizing to unpick. Page 1: Market Size. $3 Page 4: Business Model. I wasn’t feeling it.

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Go Big or Go Home: It’s a binary outcome for marketplace start-ups

Version One Ventures

The acquiring company can just plug that product into their existing distribution channel to help round out their current product suite and grab more market share (and some might argue that even this is happening less frequently). eBay was relatively successful when it acquired marketplaces like Rent.com (2005) and StubHub (2007).

IPO 60
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9 Ways To Make Sure Your Small Business Is Better Off Four Years From Now

YoungUpstarts

We started the Barefoot Wine brand in our laundry room in 1986, made it a nationwide bestseller, and successfully sold the brand to E&J Gallo in 2005. Starting with virtually no money and no wine industry experience, we employed innovative ideas to overcome obstacles and create new markets. Think creatively about marketing.