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

YoungUpstarts

OCTOBER 7, 2019

In 2005, Neil began his first marketing blog, which grew to become the leading source of marketing insights that it is today. NP Digital receives consistently positive reviews from its customers. He made another mistake, investing in a web hosting company called Vision Web Hosting. He went on to lose about $1 million on the venture.

Marketing 113

Marketing PPC Software Review Hosting 113

Steve Blank

FEBRUARY 26, 2020

There are two reasons to raise money: You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, or. Better answer, “Because I’m the customer.”)

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

YoungUpstarts

OCTOBER 23, 2017

An early example occurred in 2010 when UBS Analyst Neil Currie accessed satellite imagery to monitor activity in Walmart parking lots, running the data thru a mathematical regression to translate it into customer activity for better earnings forecasts. Underwriting. But how much of the story can be traced to overall business conditions?

Technical Review 154

Technical Review Artificial Inteligence Software Review IPO 154

Both Sides of the Table

MARCH 25, 2016

It turns out that to build a successful company you ultimately need this strange thing called “revenue” that people don’t just hand you: You need to earn it. And there’s this other thing called “gross margin,” which shows the quality of your revenue. How much ad revenue does TripAdvisor make?

Startup 150

Startup Seed Money DC Software Review 150

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. The company didn’t turn a profit until 2003, but by 2005 business was booming – Netflix was shipping out a million DVDs daily. And it’s a definite win-win for the customers and the manufacturer.

Entrepreneur 92

Entrepreneur Bankruptcy Southern California South Africa 92

Both Sides of the Table

JUNE 22, 2015

So that we’re speaking the same language I would define “exclusive” as a period in which your company is prohibited from doing business with certain customers or business partners, which is why many incorrectly assume this is necessarily bad. Why Exclusivity Matters to Your Customers or Business Development Partners.

PR 150

PR Early Stage Software Naming 150

Mike Michalowicz

FEBRUARY 18, 2021

So when Sherri Tafoya, President and Founder of Customs Blinds & Design contacted us raving about the system, we asked her to share her experience and she graciously obliged. “I Founded Custom Blinds For Less, Inc. I have 3% saved to my Profit First account (8% if you consider gross profit dollars vs. gross revenue).

Balance Sheet 98

Balance Sheet Design Founder Omaha 98

YoungUpstarts

APRIL 19, 2012

When not approached carefully, growth can destroy value as it outstrips a company’s managerial capacity, processes, quality, and financial controls, or substantially dilutes customer value propositions. Every business must continually improve its customer value proposition better than its competition in order to stay viable.

Dilution 209

Dilution Virginia Management Washington 209

Agile VC

APRIL 17, 2011

How They Make Money: Majority of Kayak’s revenue actually comes from advertising on their site (55%), not lead generation or referral fees to travel suppliers as you might think (more on this below). Financial Snapshot: 2010 Revenue: $170 million. Revenue growth: 51% YoY (2010), 1% YoY (2009), 131% YoY (2008).

Pre-Money Valuation 113

Pre-Money Valuation Liquidation Preference Dividend Common Stock 113

The Next Web

OCTOBER 26, 2013

Founded in 2005, the company has since delivered more than $1 billion from employers to freelancers. Enterprise clients for whom Private Workplace was introduced are a minority at oDesk, but this minority brings the bigger part of the revenues. According to the last stats provided by oDesk itself, the company has 4.5 million jobs.

Russia 151

Russia Ukraine Latvia Lithuania 151

Hunter Walker

JANUARY 15, 2016

Ted Rheingold: In 2003 I owned and ran a web service business called OneMatchFire , and made a number of image sharing products for customers (or as side projects). I wish I could claim I deftly foresaw this, but I was just seeking recurring revenue to to cover OneMatchFire’s office expenses. How did the site come about?

Technical Review 48

Technical Review Startup Cofounder SMS 48

The Entrepreneurial Mind

NOVEMBER 8, 2010

These portals gave employees of Sprint corporate customers access to discounts on Sprint products and services. A pervasive problem was that the discounts Sprint offered to the employees of its corporate customers were being underutilized, thus not really serving as much of an employee benefit.

Employee 60

Employee Security Software Developers Software Development 60

Startup Lessons Learned

MAY 25, 2020

As a veteran of many disasters in which improvising in the moment to meet an immediate need led to innovative solutions, Carl has been impressed by how many businesses, small and large, have reinvented the way they serve their customers during the pandemic. Then they've gotten to work. It's member-owned.

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

YoungUpstarts

FEBRUARY 11, 2020

Revenue dropped and bankruptcy loomed as a real possibility. Finally, a good business leader cares about customers. In 2005, I succeeded – and it has been upward and onward ever since. My firm, like many businesses, endured tough economic times after the 9/11 attacks. I had to figure out how to turn my company around.

Public Relations 147

Public Relations Bankruptcy PR Social Media 147

Software By Rob

MARCH 26, 2015

The interesting part is that my own path moving from consulting to products followed the same steps, as you can see in my product revenue chart from the past decade: Each revenue jump is when I made the move to the next step of the Stairstep Approach. Getting those initial early sales is a big win. all at once.

Bootstrapping 41

Bootstrapping Technical Review SEO Revenue 41

Steve Blank

FEBRUARY 25, 2014

Since 2005 startup accelerators have provided cohorts of startups with mentoring, pitch practice and product focus. Over 10 weeks each team gets out of the building talking to 100 customers to test their hypotheses across all 9 boxes in the business model canvas. You can see the entire presentation here.

Incubator 310

Incubator Intellectual Property Startup Lean 310

SoCal CTO

MAY 15, 2009

Sam Cimino, Sales Manager SW of YouTube/Google As YouTube’s Southwest Regional Manager, Sam is responsible for generating revenue across YouTube and the Google Content Network which comprises a media network that reaches nearly 80% of all internet users worldwide.

Social Network 150

Social Network Networking Los Angeles Fractional CTO 150

Duct Tape Marketing

AUGUST 8, 2019

The Marketing Hourglass is a unique approach to the customer journey map that takes a potential customer through the sales funnel of know, like, trust, try, buy, repeat, and refer. 40% Revenue Growth. This has resulted in a 40% revenue growth over the last 12 months. I’m on pace for my biggest year thus far.

San Diego 54

San Diego Marketing SEO Social Media 54

reidhoffman.org

NOVEMBER 12, 2013

we had no revenue. As a result, we knew that our pitch would need to steer into investors’ biggest concern: the lack of revenue. Instead, our strategy was to steer immediately into the revenue question because that was the top concern of investors in 2004. We made the mistake of listing three different revenue streams.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

Software By Rob

MARCH 26, 2015

The interesting part is that my own path moving from consulting to products followed the same steps, as you can see in my product revenue chart from the past decade: Each revenue jump is when I made the move to the next step of the Stair Step Approach. Getting those initial early sales is a big win. all at once. Step 2: Own Your Time.

Bootstrapping 36

Bootstrapping Technical Review SEO Revenue 36

Duct Tape Marketing

MAY 4, 2022

And that was, you know, 2004, 2005 was, I was realizing that it was no longer about working harder. I mean, you've got people, chiefs, happiness, chiefs, revenue chiefs, you know, I mean, so where, you know, how does the COO or second in command orient themselves then in, in that world? So now it's the chief revenue officer, right.

CTO 79

CTO Cofounder Networking Operations 79

mashable.com

JUNE 11, 2013

Your first product will likely be just a little bit ugly, and thats okay — its part of getting to market quickly and testing your idea in front of live customers. I watched a great video with Barbara Corcoran, called " How to get more customers, step 1." Not Listening to Current (or Future) Customers. All Rights Reserved.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

mashable.com

JULY 18, 2012

And maybe you heard of a tiny Linux-based mobile software designer Google bought in 2005, called Android Inc.? GLIIF’s initial offering includes a brand-able and blend-able custom encrypted image at a low cost of entry, pre re-direction marketing services and full analytics. ©2005-2012 Mashable, Inc.

San Francisco 104

San Francisco Acquisition Social Media Mobile 104

Duct Tape Marketing

JUNE 15, 2022

And I think as we talk just a little bit, as we got started, you started in 2005. You need to connect with customers on a human level, make boatloads of sales and grow with Gusto. Matter of fact, my sponsor GoDaddy, which I've had since 2005, it's remarkable. So Todd, welcome to the show. So you're right there with me.

Audio 64

Audio SMS Technical Review Advertising 64

VC Cafe

FEBRUARY 14, 2010

After a somewhat disappointing congress in 2009, in which companies showcased products from previous years, this year is expected to be faster, greener and ‘cloudier’ Looking at the conference agenda , it’s not hard to spot the trends for 2010: Mobile Clouds – additional storage and new revenue streams to operators.

Mobile 109

Mobile IP SMS Networking 109

Software By Rob

MARCH 26, 2015

The interesting part is that my own path moving from consulting to products followed the same steps, as you can see in my product revenue chart from the past decade: Each revenue jump is when I made the move to the next step of the Stairstep Approach. Getting those initial early sales is a big win. all at once.

Bootstrapping 27

Bootstrapping Technical Review SEO Revenue 27

ReadWriteStart

JANUARY 29, 2013

To a small app developer like Gliffy , that means waves of curious customers will soon be searching the Office App Store for new tools. But Gliffy is hoping for a surge of new customers and downloads as Microsoft opens the Office Store. We didn’t even know that there was an opportunity,” Levi added. .

Wiki 60

Wiki Software Software Engineering Algorithm 60

Hearpreneur

JANUARY 10, 2018

Everyday I am proud of the work our team does and of the success our customers have had making the change. The city needed what i’d been working so hard on in all other cities – revenue and advertisers. They brought me on to help generate more revenue and to rebuild their non-existent pipeline. 9- Out of Necessity.

Entrepreneur 96

Entrepreneur Detroit Software Review Florida 96

Both Sides of the Table

JUNE 22, 2011

Ah, but today’s Internet companies have real revenue! An obvious example is Google who may have gotten less market attention if there would have been 8 well-financed competitors during the 2001-2005 timeframe. customers who paid for services often get burned. I said that at the Founder Showcase, too. and profits!

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 23, 2012

After I sold Smart Bear, that division has increased revenue and profit every year, for five years, even through the 2008/2009 economic disaster. And the same thing happened after we sold IT WatchDogs in 2005. GroupOn’s engine that turned capital into revenue growth was a form of force-feeding rather than building a product).

IPO 240

IPO Flash Bootstrapping Private Equity 240

mashable.com

MAY 24, 2011

Mobile commerce revenues may still pale in comparison to their ecommerce brothers, but we’re already seeing signs of mobile commerce’s potential. In other words, it isn’t just about choosing native apps or choosing the mobile web — it’s also about looking at who your customers are and what devices they use.

Mobile 90

Mobile Web Social Media Software Review 90

Up and Running

FEBRUARY 6, 2018

Focus on what you get done day by day that drives revenue. I’ve been using LivePlan since 2005—I believe it is the premier and easiest business planning tool out there. In essence, this means that we use five separate marketing relationship funnels based on the actions we’d like potential customers to take. Pick a name.

Costa Rica 116

Costa Rica Social Media Cuba Technical Review 116

Cracking the Code

APRIL 21, 2021

UiPath was founded in Bucharest in 2005, selling computer vision technology to OEMs. It was a difficult time of exploration and iteration, as many founders experience, and it took 10 long years to build the company from $0 to $1mm in revenue, a difficult phase.

Leadership 62

Leadership Hockey Stick North America Europe 62

YoungUpstarts

JANUARY 13, 2017

Those dreams can fuel any business as it secures loyal customers and achieves a consistent revenue stream, but that may not be enough to take it to the next level: its transformation into a larger company. Introducing items that build on the products you already have can help generate new sales and improve customer satisfaction.

Small Business 100

Small Business Small Business Administration Social Media Aggregator 100

mashable.com

SEPTEMBER 14, 2011

If you’re working with an open source project, for example, it’s important that you have a definitive business model to drive revenue — though not at the cost of alienating your community of core contributors. Founded in 2005, Mashable is headquartered in New York City with an office in San Francisco. in place before you expand.

France 77

France Marketing Social Media Startup 77

mashable.com

NOVEMBER 2, 2011

If you can name drop big customers, do that too — you want your profile to look impressive. How many customers have signed up to your service? Include screenshots of your product , a video walk-through and one or two charts that display traction or revenue. ©2005-2011 Mashable, Inc. Focus on traction.

Social Media 80

Social Media Startup Angel Investor RSS 80