Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

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Steve Blank

APRIL 30, 2009

SuperMac sold our graphic boards for the Macintosh through multiple distribution channels: direct sales to major accounts, national chains, independent rep firms, etc. Reply Bill Allred , on May 1, 2009 at 10:46 am Said: This is a really common pitfall. That’s 10x what many websites convert. demand creation strategy).

Sales 120

Sales Silicon Valley RSS Las Vegas 120

Startup Lessons Learned

SEPTEMBER 15, 2008

April 27, 2009 8:59 AM Anonymoussaid. Paring down products, target customers, business models etc takes courage, but it must be done to have any chance of success. Paring down products, target customers, business models etc takes courage, but it must be done to have any chance of success.

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Lean San Francisco Startup Continuous Deployment 168

Startup Lessons Learned

SEPTEMBER 30, 2008

January 18, 2009 8:22 AM Dan Khan said. Cheers, -Dan January 18, 2009 9:04 PM Ivo said. January 20, 2009 1:12 PM Anonymoussaid. April 12, 2009 12:28 AM kenshin said. April 21, 2009 4:51 PM Geethan said. April 26, 2009 8:40 PM RubyFocus Groups said. September 27, 2009 3:31 PM codercofounder said.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

SoCal CTO

MARCH 22, 2007

It seems that four different models of "discussion creation" have occurred: Organice Discussion - someone posts something interesting, lots of bloggers post on the topic, distributed discussion ensues. Open Source Business Models, speakers for Web 2.0 Attorney and Startup Business Advisor – Aaron Shec.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Gust

AUGUST 22, 2012

One commonly used approach is to identify widely felt “pain points” in the target market; build a workable solution to address them using particularly effective or efficient means; and if the business model pencils out, work like crazy to execute, execute, execute. Silicon Arabia has engineers in Russia as well as Egypt.)

Technical Review 172

Technical Review Egypt Russia Morocco 172

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? What matters is proving the viability of the company’s business model, what investors call “traction.&# April 14, 2009 3:09 PM Eric Santos said.

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Customer San Francisco Lean Hockey Stick 167

BeyondVC

JANUARY 12, 2009

  From a business model perspective we had it nailed…or so we thought…buy the hardware device at cost and we would make money back by selling a monthly subscription service.    I wonder if 2009 is the year that some wireless startups breakthrough.    I learned a lot from that investment. 

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www.forentrepreneurs.com

FEBRUARY 2, 2010

Business Model I would like to propose that in addition to team, product, and market, there is actually a fourth, equally important, core element of startups, which is the need for a viable business model. These new business models focused heavily on how buying behavior has changed because of the power of the web.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Steve Blank

NOVEMBER 19, 2009

I responded to their RFP by proposing that Ardent build the Pittsburgh Supercomputing Center a distributed supercomputing environment with hundreds of Ardent personal supercomputers rather than a monolithic Cray supercomputer. Reply sfmitch , on November 19, 2009 at 9:06 am Said: So, how much did Cray buy it back for?

Silicon Valley 185

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SoCal CTO

OCTOBER 8, 2009

In many cases, I can break it down into: Customer Acquisition Cost – how will you reach prospects, how will you convert them and how much will it cost to convert them Customer Lifetime Value – how much will you make off of each converted customer This very simple model works for a surprising number of business models.

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Metrics Startup Retention Acquisition 225

ConversionXL

MARCH 19, 2020

The best drivers apply the brakes just ahead of the curve (they take out excess costs), turn hard toward the apex of the curve (identify the short list of projects that will form the next business model), and accelerate hard out of the curve (spend and hire before markets have rebounded). recession in 2009.”. Progressive.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Steve Blank

JUNE 5, 2009

You make several first order approximations about your business model, distribution channels, demand creation, and customer acceptance. Reply Jamie Stephens , on June 5, 2009 at 1:17 pm Said: Great article. Reply faith and reason and startups « ginsudo , on June 6, 2009 at 11:23 pm Said: [.]

Silicon Valley 212

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Andrew Payne

FEBRUARY 4, 2013

Specialized, proprietary cable TV distribution is gradually giving way to big, fast, cheap IP pipes. Browser Powered Television (2009). Hulu Desktop & Boxee: Temporary Solutions (2009). The problem isn’t technology; it’s the business model. I think they’ve got a decent shot.

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IP Distribution Business Model Finance 68

Steve Blank

AUGUST 20, 2009

An existing market is one where competitors have a profitable business selling to customers who can name the market and can tell you about the features that matter to them. Do you know have they distribute their product? weeks ago, positioning it as a tool designed to help small businesses effectively manage their social media efforts.

Silicon Valley 181

Silicon Valley Startup RSS Customer Development 181

Andrew Payne

FEBRUARY 4, 2013

Specialized, proprietary cable TV distribution is gradually giving way to big, fast, cheap IP pipes. Browser Powered Television (2009). Hulu Desktop & Boxee: Temporary Solutions (2009). The problem isn’t technology; it’s the business model. I think they’ve got a decent shot.

IP 55

IP Distribution Business Model Advertising 55

Steve Blank

JUNE 8, 2009

Innovation – Business Model? At a glance, you can see how startup capital needs differ by markets, how distribution channels and demand creation activities differ by market, and even how VC’s assess risk and reward by market. » 2 Responses Knowtu » links for 2009-06-09 , on June 9, 2009 at 6:04 pm Said: [.]

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Vertical Silicon Valley RSS Marketing 122

K9 Ventures

JULY 19, 2012

K9 Ventures started investing in 2009 with our first fund, K9 Ventures, L.P., No three-way business models and no content, media, advertising-based companies. Capital Appropriate : Companies whose capital needs over the life of the business make sense given the potential size of the opportunity/exit.

Technology 132

Technology Seed Stage San Francisco Limited Partner 132

K9 Ventures

JULY 19, 2012

K9 Ventures started investing in 2009 with our first fund, K9 Ventures, L.P., No three-way business models and no content, media, advertising-based companies. Capital Appropriate : Companies whose capital needs over the life of the business make sense given the potential size of the opportunity/exit.

Technology 132

Technology Seed Stage San Francisco Limited Partner 132

crowdSPRING Blog

MARCH 26, 2019

Here’s a complete, 9 step guide on how to start a brewery business. Choose a business model. Fill in the business blanks. Choose a business model. Before you can start to seriously plan your own craft beer business, you need to understand the end goal that you’re aiming for.

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Small Business Administration Distribution LLC Small Business 94

K9 Ventures

APRIL 28, 2010

No advertising, content or media businesses which may have a three-way business model, but rather companies which deliver direct value to paying customers. No distributed teams, and no outsourced product development. No distributed teams, and no outsourced product development. Twilio (Seed and Series A).

Seed Stage 61

Seed Stage San Francisco IP Portfolio 61

Hippoland

JULY 6, 2018

except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. Many startups these days are using a distributed model successfully. In some sense, this is also tied to your business model. I went to college during the bust. And when I graduated, it was booming again.

Silicon Valley 48

Silicon Valley San Francisco Portugal Ireland 48

Hippoland

JULY 6, 2018

except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. Many startups these days are using a distributed model successfully. In some sense, this is also tied to your business model. I went to college during the bust. And when I graduated, it was booming again.

Silicon Valley 48

Silicon Valley San Francisco Portugal Ireland 48

Startup Lessons Learned

JULY 15, 2010

For software companies especially, scaling distribution and development is comparatively cheap. We have to continually invent new categories of products, new platforms, and new business models – all extremely risky bets. For software companies especially, scaling distribution and development is comparatively cheap.

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IPO San Francisco Lean Silicon Valley 166

Tim Keane

DECEMBER 30, 2009

Power of Angel Investing in Milwaukee » December 30, 2009. from a new social entrepreneurship Honors Symposium, “How To Change The World,” Fall, 2009 at Marquette University). Distribution challenges? from a new social entrepreneurship Honors Symposium, “How To Change The World,” Fall, 2009 at Marquette University).

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Wisconsin Milwaukee Angel Investor Committed Capital 60

Steve Blank

JULY 2, 2009

Reply Wyatt ODay , on July 2, 2009 at 8:18 am Said: Great post, Steve. Reply Mark Essel , on July 2, 2009 at 9:14 am Said: Reality distortion field isn’t the basic technique covered in startups 101? Thanks for sharing the lessons you’ve learned, especially the ones where the cost is measured in years.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

ReadWriteStart

APRIL 26, 2012

IPOs by year, 1980-2011, with pre-IPO last 12-month sales less than (small firms) or greater than (large firms) $50 million (2009 purchasing power). Then the risk of that product succeeding is lessened by network effects made feasible by app stores and digital distribution, driving up customer adoption. Number of U.S.

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IPO Stock San Francisco Lean 115

Seeing Both Sides

AUGUST 3, 2012

Facebook and Google would be obvious choices for this, but so much has been written about each of them and they represent such special business models, I worried that it would be both hard for entrepreneurs to relate and hard for me to develop new insights. Many people know Akamai as the purveyor of the Internet’s backbone.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Steve Blank

MAY 7, 2009

I hate business plan competitions. I Love Business Plan Competitions I had a breakfast with a friend who has founded a few companies in Thailand and started the New Ventures Program at one of their universities. Martin , on May 7, 2009 at 9:36 am Said: The caveat would be for undergrads at a school like Stanford or Berkeley.

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Business Plan Silicon Valley RSS Venture Capital 140

abovethecrowd.com

APRIL 17, 2013

A high rake will allow you to achieve larger revenues faster, but it will eventually represent a strategic red flag – a pricing umbrella that can be exploited by others in the ecosystem, perhaps by someone with a more disruptive business model. This is one of my favorite marketplace business model “tweaks.”

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Europe Social Network IPO Technical Review 101

Entrepreneurs-Journey.com by Yaro Starak

AUGUST 27, 2010

In Australia the tax year runs from July to June, and in the 2008-2009 tax year I made over half a million dollars in revenue doing what I do online. Choose a business model that has the potential to make you rich. What’s even more amazing is I did this without any full time staff and only one regular contractor.

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Affiliate Internet Business Model Australia 111

Reid Hoffman

JULY 27, 2021

I was still unprepared; I had no idea that I also needed to learn about go-to-market strategy and distribution. The Harvard Business School’s business plan competition has been running since 1998; the only competition winner that has achieved any sustained success is Cloudflare (2009).

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Networking 69

Reid Hoffman

JULY 27, 2021

I was still unprepared; I had no idea that I also needed to learn about go-to-market strategy and distribution. The Harvard Business School’s business plan competition has been running since 1998; the only competition winner that has achieved any sustained success is Cloudflare (2009).

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Startup Lessons Learned

MAY 31, 2019

He's been with the firm since its inception in 2009 and has overseen its rapid growth, from three employees to 150+ and from $300 million in assets under management to more than $10 billion. Morgan credit card business to acquire tons of Square customers at a very low cost. No need to name names.

Lean 108

Lean Venture Capital Conversion IPO 108

ConversionXL

JANUARY 16, 2019

In contrast to “distribution-first content,” movement-first content is a conscious sacrifice of reach: “it isn’t beholden to any SEO tactics like word count and keyword density.” Getting there requires patience, internal buy-in, and supporting content. Instead, it is opinionated, often contrarian content that “has to pack a very real punch.”.

Naming 119

Naming Conversion Flash Cofounder 119

Up and Running

AUGUST 3, 2012

Derek and I co-founded Design Museum Boston in 2009 to educate the public about the role of design in our lives. So we started in 2009 with the goal of creating a brick-and-mortar museum. Remember 2008/2009? Design is a ubiquitous human activity. And that’s what we are. Stay tuned!). So why are we at MassChallenge?

Boston 86

Boston Design Architecture New York City 86

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. ► 2009. (7). Do you have a U.S. ► April. (1). ► July. (1).

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San Jose Angel Investor Term Sheet Venture Capital 28