Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

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Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

JUNE 5, 2009

And so the spreadsheet is built with conservative assumptions, including a final revenue target. No matter how low we make the revenue projections for this new product, it’s extremely unlikely that they are achievable. That’s because the model is based on assumptions about customers that are totally unproven.

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San Francisco Lean Continuous Deployment Startup 102

ReadWriteStart

SEPTEMBER 3, 2010

As a result, the expectation is that you have to figure out a way to get to some level of momentum on your own (by bootstrapping) or with small doses of angel money - "drip financing" so to speak. Such OEM deals may cost him 50% of his product revenue, but would be the fastest way to reach a large number of customers, nonetheless.

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Channel India Bootstrapping Silicon Valley 115

ReadWriteStart

AUGUST 11, 2011

On the topic of business models, Spencer proposed building traffic and then selling the company, which I pushed back on. We spent considerable time exploring ways to verticalize the app and creating an ad-supported business model instead, which would also broaden his exit options considerably. could be your companion.

Silicon Valley 105

Silicon Valley Columbus Ohio Incubator 105

Professor VC

JULY 31, 2008

Thursday, July 31, 2008. This whole process got me thinking about the textbook business model. Similar to the textbook business, the music business BN (before Napster) was controlled by the labels. The artists received very little of album sales, but kept concert and merchandise revenue. Bootstrapping 101.

San Jose 28

San Jose Software Review Angel Investor Silicon Valley 28

Austin Startup

MARCH 31, 2010

The current business model for expert consultants is a brick and mortar industry with revenues of about 1/2 a Billion dollars per year. In 2008, I decided to take this concept and implement it as a web site, so Molecular Thinking was born. GuruStorms has been completely bootstrapped thus far.

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Elevator Pitch Curation Vertical Bootstrapping 63

VC Cafe

JULY 5, 2010

Long story short, I ended up spending a year and a half in China from 2008 to 2010 and now I’m hard at work with BizMe2. Yair Margolin: I learned the peer to peer business well, and through my roles I got to attend many conferences. what’s BizMe2′s business model?). We can help them. Watch the space!

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Aggregator Caching PHP 84

Professor VC

JUNE 20, 2011

I took a look back at our original financial model we presented to VCs in 2004. The business model (OEM through broadband and home security companies for mass distribution) if not specific product functionality has remained largely the same. Bootstrapping 101. ► 2008. (14). ► July. (1). ► May. (1).

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28

Tim Keane

APRIL 14, 2008

Always Make New Mistakes » April 14, 2008. Now, as their revenue grows substantially, its time to make the shift toward a more quantitative management environment. Now, as their revenue grows substantially, its time to make the shift toward a more quantitative management environment. Bootstrapping. October 2010.

Ireland 60

Ireland Wisconsin Forecast Sales Cycle 60

Professor VC

AUGUST 26, 2011

To that last one, there is certainly some truth as the standard time vs. revenue chart in most business plans looks like this: Im not teaching Entrepreneurial Finance this semester for the first time since Fall 2007. Is the model consistent with the business plan? Does the business model make sense?

Silicon Valley 35

Silicon Valley San Jose Hockey Stick Venture Capital 35

Professor VC

JULY 2, 2010

job existed for every $37,702 of venture capital invested from 1970-2008 Lets assume these statistics are true (of course that may be a leap, as my wise father-in-law used to say, "Figures Lie and Liars figure"). Bootstrapping 101. ► 2008. (14). Survey says VC's invest on Gut Instinct. ► July. (1). ► May.

San Jose 28

San Jose Silicon Valley Venture Capital Angel Investor 28

Life Beyond Code

SEPTEMBER 27, 2011

One Million by One Million is a global initiative that aims to nurture a million entrepreneurs reach a million dollars each in annual revenue and beyond by 2020, thereby creating a trillion dollars in global GDP and ten million jobs. SM: In September 2008, when the first Entrepreneur Journeys book was released, D.D.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

Both Sides of the Table

MAY 7, 2011

In 2008, he founded StackOverflow , and it has become the foundation for a question and answer platform called StackExchange. As an example, Joel says that there is a chief revenue officer who is solely responsible for bringing in revenue to StackExchange. Stackoverflow was created in 2008. His Tenure at Microsoft.

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Software Review Software St. Louis API 285